Free bets aren’t free. Sure, you can earn free bets from just about any online casino, for just about any reason. The key is to check and see what strings are attached to the so-called “free” money they’re supposedly giving you.
PointsBet is taking a big pair of scissors to all those strings. Free means free when you place a bet with them. In other words, if you earn a free bet, you can actually use it and then collect your money.
Raking in the Free Bets
Your first two bets—up to $500 in traditional Fixed Odds betting and $1,500 in PointsBetting—are covered. If you win, you keep your winnings. If you lose, you get back what you lost in free bets.
Another promotion, available in some states, offers up to five $100 risk-free bets. But now that you’ve got your free bets, what can you actually do with them?
Here’s where the other places get you: They’ll give you free bets, which, obviously, you have to use to place bets with their sportsbook but, if you win money on those bets, it’s still not yours free and clear. You need to bet it again. And again.
It’s called rollover, and it’s a way of keeping you from withdrawing your winnings and spending them elsewhere.
They make it simple: No rollover requirements. Whatever you win with your free bet is yours. They’d love for you to bet it again, but if you want to withdraw it and waste it on the water bill … well, it’s your money!
Funds you win are immediately withdrawable. The only rollover requirement is that if you deposit money, you need to bet that at least once. before taking it back out.