Those who bet on horse racing tend to be passionate about it in a way football fans, rugby fans and others can’t quite match. After all, betting on horses is one of the oldest forms of officially sanctioned sports betting and was going on for centuries before anyone ever played a game of football. Below are some of the very best free bet offers for horse racing.
Because horse racing fans have such an abiding love of the sport, they are often some of an online betting site’s most loyal customers. In return for their loyalty, those betting sites offer a slew of horse racing betting offers and Free Bets.
In this guide, we're going to take a look at horse racing Free Bets, and other offers the best horse racing bookmakers use to keep their horse racing fans happy.
The Best Horse Racing Betting Offers
From “bet and gets” to “money back bets”, these are some of the best horse racing betting offers out there.
The Best Bet and Get Offers
The Bet and Get, often referred to as the Bet X Get Y offer, is just that. A new customer opens an account with a horse racing betting site, deposits money using the designated method and then places a qualifying bet. Once that bet is settled, the customer gets Free Bets of a specified value credited to their account.
In most cases, the qualifying bet will need to be something like 5 or 10, and they will get Free Bets valued at 20 or 30 in return (sometimes a little more), although specific amounts vary from site to site. As of writing, the following are the best Bet and Get horse racing betting offers.
This is one of the very best offers to use on horse racing. William Hill on mobile gives you up to 40 in free bets when you sign up. This is an awesome new customer offer and could be used for horse racing or other sports. William Hill also has one of the best horse racing betting apps on the market.
18+. When you sign-up via Mobile using promo code P40 and place a bet of £10/€10 or more we will give you 4x £10/€10 free bets credited after settlement of the first qualifying bet, free bets will expire 30 days after the qualifying bet is placed, payment method/player/country restrictions apply. Virtual markets excluded.
888sport has a reputation for catering to horse racing aficionados and their Bet 10 Get 30 betting offer is a good example. We like this offer because you don’t have to stake very much of your own money to get a generous 3X return. Also, the minimum odds on your qualifying bet are a very modest 1/2 (1.50). And you can use your Free Bets on any market.
Just keep in mind that your 30 in Free Bets will expire 7 days after being issued, that you must make your initial deposit using a debit card, and that the 10 qualifying bets must be the first wager you make after joining the site.
Min deposit £/€/$10 • A qualifying bet is a ‘real money stake of at least £/€/$10 • Min odds 1/2 (1.50) • Free Bets are credited upon qualifying bet settlement and expire after 7 days • Free Bet stakes are not included in returns • Casino Bonus must be claimed within 7 days, wins are capped at £/€/$500 • To withdraw bonus/related wins, you must wager the bonus amount up to 40 times its value within 14 days • Casino Bonus expires after 60 days • Casino Bonus can be used on selected games in casino only • Restrictions apply to withdrawals, payment methods & countries & full T&Cs apply
When it comes to horse racing bookmakers bet365 is one of the big guns and offers punters a very solid Bet 10 Get 30 offer. If you love horse racing and you don’t yet have an account with bet365, here’s your chance to earn a 3X multiple of your initial deposit. 30 in Free Bet credits will go a long way toward assuring you get off on the right foot when it comes to betting on horse races.
T&Cs include making sure you enter the promo code “BET30” when you open your account. In addition, deposits made with Apple Pay, Google Pay, PayPal and fast bank transfer do not qualify for this promotion, and you’ll need to place and settle your first bet within 20 days of opening your account.
Betfred is another one of the best horse racing bookmakers in the industry, offering customers a wide range of markets and competitive odds within their horse racing markets. They also have an excellent welcome offer that you can claim today that allows new players to get their hands on a Bet 10 Get 30 offer.
T&Cs of this offer include making a first minimum deposit of at least £/€/$10 and placing your qualifying bet on a selection at odds of at least 2.0 or greater to get your 30 in free bets. Only your first valid bet will count. Your 30 in free bets will be credited within 10 hours of your qualifying bet settling. Any unused free bets expire within 7 days. T&Cs apply. 18+. Begambleaware.org.
Grosvenor has a unique welcome offer for their new customers to claim, with it being a double-your-odds promotion on your first bet with the bookmaker. This offer can be applied to horse racing and gives you a 100% odds boost token that sees the odds of your first bet doubled on any sport and any odds. This can be particularly good for horse racing, where odds on single selections are often bigger than in other sports.
New customers. Max £10. 100% Odds Boost Token. Keep it fun - set your deposit limit. T&Cs apply. 18 Plus BeGambleAware.org
One of the best horse racing betting offers from UK bookmakers is BetUK’s sign-up offer. You can get 60 free bets when you deposit and wager 20. This is one of the biggest returns of free bets that you will find within a welcome, and would be advisable to claim now if you haven’t already whilst it still lasts.
*Full T&Cs Apply. New customers only. New customers must opt-in to claim the welcome offer & stake min amount of £20 (odds 1.5 or greater) on any sporting event. Promotion available between 15/08/22 - 21/08/22. Max 4 x £10 and 4 x £5 Free Bets credited on qualifying bet settlement on selected events. 1x claim per customer. Void, cashed out, partially cashed out bets do not qualify. Each Way bets, system bets and profit boost are not permitted for qualifying bet. Free bets are non-withdrawable & not returned with winnings. Free bets expire after 7 days of qualifying bet settlement. 18+ BeGambleAware.org.
New customers to the Mr Play sportsbook can get 15 free bets when they place a qualifying bet. This is a solid welcome offer giving you a 50% first deposit bonus and can also be applied to Mr Play’s various horse racing markets.
18+, Welcome Bonus: New Players only, 1st Deposit, Min Deposit: £10, max £15 bonus, valid for 14 days, bets must be placed at a min. odds of 1/1 (2.00) or greater and be settled within 14 days of placement. System bets not eligible.
Many will know the LiveScore brand for checking football scores, but the brand now also offers the opportunity to place bets on horse racing. New customers at LiveScore can get their hands on 20 worth of free bets when they place a 10-qualifying wager. This solid welcome bonus enables new players to get a 200% deposit bonus upon signing up.
T&Cs. New members only. £10 min deposit & bet on sportsbook, placed & settled at 1.5 min odds within 14 days of sign-up. Win part of E/W bets. 2 non-withdrawable £10 Free Bet Tokens: accept in 7 days, valid for 7 days from crediting (ex. E/Ws & Multiples), stakes not returned. Rules & Exclusions apply. Bet Responsibly. BeGambleAware.org.
Paddy Power is known as one of the best horse racing bookmakers around, having regularly pushed some of the best horse racing betting offers in the direction of their customers. They also have a very solid welcome bonus that sees new customers have a risk-free 10 free bet. If your first bet (up to 10) with Paddy Power loses, they will refund you in CASH.
New Customer Offer. Place your FIRST bet on any Sportsbook market, and if it loses we will refund your stake in CASH. Max refund for this offer is £10. Only deposits made using cards will qualify for this promotion. T&Cs apply. Sign up with promo code YSKAMR.
Another UK bookmaker utilising the bet 10 get 30 new customer offer is Betfair, one of the biggest names in the UK sports betting scene. Betfair is one of the best UK bookmakers when it comes to horse racing promotions and is a must-have account if you are into the sport and enjoy betting on it.
New Customer offer. Place a min £10 bet on the Sportsbook on odds of min 1/2 (1.5), get £30 in Free Bets. Rewards valid for 30 days. SMS verification required. Only deposits via cards will qualify. T&Cs apply. Please Gamble Responsibly
The Best Money Back Offers
Money-back horse racing betting offers are pretty straightforward as well. Open a new account, make a qualifying deposit, and the betting site covers up to a designated amount of your first bet. Here is a couple of the best money-back offers currently out there to be claimed.
Paddy Power 20 Money Back Offer
This new customer offer works the same as the Unibet money-back offer. Open a new account, deposit a minimum of 10 using a debit card, place your first bet, and if it loses, Paddy Power will refund your account with up to 20.
You might be underwhelmed by this 20 offer but here's the thing: if you lose Paddy Power doesn't issue you bet credits. Instead, they refund CASH into your account. Cash that, unlike bet credits, can be withdrawn if you wish to do so. That’s a rarity among horse racing bookmakers.
New customers only. Place your FIRST bet on any football market and if it loses we will refund your stake in CASH. Max refund for this offer is £20. Only deposits made using cards will qualify for this promotion. T&Cs apply.
Other Types of Horse Racing Betting Offers
Extra Places Offers
Typically a race with 1-4 runners will only pay out the winner. If there are 5-7 runners, bookmakers usually pay out on a first and second place. If there are more than 8 runners, they will pay out on a first, second and third place. And if there is a gigantic field of 16 or more runners, most horse racing bookmakers will pay out for first, second, third and fourth places.
That’s the way it usually works. However, sportsbooks will sometimes pay out for extra places in select races. So, if the race has 5-7 runners, for instance, instead of paying out on just first and second place, the bookmaker will pay out on 3 places. Keep your eyes open for these Extra Places Offers because they tend to come and go.
Best Odds Guaranteed (BOG)
Best Odds Guaranteed, or BOG for short is when the bookmaker agrees to pay out at the best possible odds, regardless of what the odds are at post time. This type of offer proved to be a hit when it was first introduced, and in recent years, many punters have come to expect horse racing betting sites to offer it on all races.
The concept is simple enough: if the odds on a given horse have improved since placing your bet, you have nothing to worry about. The bookmaker will pay you and everyone else, at a higher price, provided your bet wins.
Many horse racing bookmakers now offer Best Odds Guaranteed for most of their horse racing slate. Many, but not all. If this type of offer interests you, it's worth it to spend a few minutes to check if the betting site you're about to sign up with offers it.
As the name implies, Event Specials are horse racing offers that coincide with the biggest racing events of the year and are not typically limited to UK-based events like the Grand National, Royal Ascot or the Cheltenham Festival. You'll almost always see event-specific offers for US Triple Crown races, The Everest in Australia and various other high-profile horse racing events from around the globe.
Event Specials take many forms, including the ever-popular Best Odds Guaranteed, Non-Runner No Bet, and Bet and Get offers in the days leading up to the event that provides X amount of Free Bets that can only be used on the specific event.
To ensure you don’t lose out on Event Specials, mark the dates of significant horse racing events on your calendar and check the bookmaker’s promotions page in the days leading up to the event.
Bet Through the Card Offers
The Bet Through the Card Offer is less common than Best Odds Guaranteed or Extra Places, but if you keep your eyes open, they do pop up occasionally and can be fun.
It usually works when you open a new account with the betting site, make the offer, and place a qualifying bet on the day's first race at a specific track. You’ll then be issued Free Bets of a predetermined value that you can use on each of the day’s remaining races.
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What is a free bet?
A Free Bet is a promotional device used by online betting sites to entice new customers to sign up and to reward existing customers for their continued loyalty. Free Bets are house money the betting site distributes through various promotions. For instance, if a new customer makes their first deposit using a debit card and then places a bet that meets certain requirements, they may be awarded something like 20 or 50 in Free Bets that they can use on the site.
Free Bet amounts cannot be withdrawn as cash, and once they are used to make a wager, they disappear from the account. Free Bets are often used with horse racing betting offers, with some reserved for use only on specific events.
Are Free Bets really free?
One would remember the adage “There’s no such thing as a free lunch” when considering Free Bets. Yes, the online sportsbook is giving you something valuable, which is good. But there are always strings attached (commonly known as T&Cs), and in all but the rarest of cases, you need to spend some money to earn your Free Bets.
Despite this, Free Bets can significantly enhance the betting experience, especially for those who are not hard-core, everyday punters. For example, if you just want to place a few bets on this year’s Cheltenham Festival, getting 40 or 50 in Free Bets for a 10 investment might supply you with all the capital you need to have a great time. And who knows, you might even hit it big using one of those horse racing Free Bets.
What are some typical T&Cs attached to horse racing Free Bets?
As mentioned above, all Free Bets come with Terms & Conditions. So if you are comparing Free Bet offers from different betting sites, it’s useful to know each site’s T&Cs because some are less restrictive than others. Here is a fair sampling of typical Terms & Conditions for horse racing Free Bets.
Deposit method: There may be a couple dozen different ways to fund an account at a betting site these days, but when snapping up those Free Bets, you’ll need to make sure your initial deposit is made using the correct payment method. These days most sites want new customers to fund their account using a debit card and will make that a condition for earning Free Bets. So, always check the applicable deposit method, or you may miss out on the Free Bet offer.
Minimum stake: In most cases, the online bookmaker will impose minimum stakes on the wagers used to earn Free Bets. For instance, bookmaker X will stipulate that for a wager to qualify to earn Free Bets, it must be for at least 5, 10 or 20. Fall short of the minimum stake and say goodbye to your Free Bets.
Minimum odds: To qualify to earn Free Bets, a wager will almost always need to be placed at certain minimum odds. 1/2 (1.50) are the most common minimum odds, but some betting sites impose steeper odds. The bottom line is always checking the minimum odds requirement before placing your bet.
Eligible markets: Some (not all) horse racing bookmakers will restrict qualifying bets to certain markets. If you overlook this requirement and place what you expect to be your qualifying bet on a different market, you’ll lose your chance to earn those coveted Free Bets. Again, however, restricting a qualifying bet to specific markets is the exception rather than the rule.
Expiration: All Free Bet credits will come with an expiration date. In most cases, it's 7 to 14 days from when they are issued. So if you place a qualifying bet and are issued horse racing Free Bets, you must make sure you use them before the expiration date, or you’ll be out of luck.
Maximum winnings: The odds of someone earning a huge payout are slim, but it does happen. Therefore, online betting sites impose caps on how much you can win using a Free Bet. But not to worry, it's nothing personal. They also have maximum payouts for regular bets.
How do I withdraw my Free Bets?
You don’t. Horse racing Free Bets are not the same as cash. The amount of the Free Bet can only be applied to wagers on the site and can never be withdrawn as cash. Of course, if you place a wager using a Free Bet and you win, you can withdraw the winnings, although sometimes you will need to satisfy certain betting multiples before you’re allowed to withdraw those winnings.
What is a betting bonus?
A betting bonus is a less common type of Sign Up Offer at some online betting sites. It usually takes X amount of credit applied to your account after you make your initial deposit. As with all types of horse racing betting offers, there will be Terms & Conditions applied to any bonus, and they typically come in the form of restrictions on how it can be used.
In some cases, you can only use the bonus funds on certain sports. In other cases, you may only be able to apply them to certain markets. Also, some betting sites will require you to use the entire amount on a single bet, while others will allow you to break the amount down into numerous smaller bets. Make sure you check the fine print before trying to use any betting bonus you might receive.
If you enjoy betting on horses, take advantage of one or more of the numerous horse racing betting offers currently in play at many online betting sites. From horse racing Free Bets to Event Specials, Best Odds Guaranteed and Best Money Back Offers, horse racing bookmakers strive to make your wagering efforts fun.
So don’t delay. Shop around until you find some horse racing betting offers that appeal to you, and then compare them until you determine which one best suits your interests and needs. And don’t forget to pace yourself and always gamble responsibly.