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Free bets in Indiana

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Indiana is one of the latest states in the US to legalize online sports betting. This means that there are now a great number of sportsbooks to play at and choose from. But sometimes it can be daunting as there is too much choice!

One of the best ways to choose between sites is to look at the different bonuses on offer. Many sportsbooks offer free bets, and this is a great incentive to encourage players to sign up. But what exactly are free bets, and how do they work? We’re going to cover all that and more. So, read on to discover what free bets in Indiana are all about.

How does a free bet work on Indiana sportsbooks?

A free bet is simply a small cash bet that you can use to bet on different sports. It’s usually part of a promotional offer from the IN gambling site and comes in the form of a bonus or token for a specified amount of money. As the sportsbook is essentially giving you money without you doing anything in return, the size of these free bets tends to be relatively small. If you’re lucky, you’re looking at anything from $5 to $25.

However, while they are usually attached to a welcome or sign-up offer, free bets in Indiana aren’t exclusively for newcomers. Some sportsbooks will actually use free bets as regular rewards for existing or returning customers. It’s therefore worth keeping an eye out to see if you’re eligible to get these. As such, signing up for more than one sportsbook can be a good move, as you’ll have a great chance of accessing one of these free bets.

There are some caveats to free bets in Indiana, though. This is because if you do win, you will only be able to withdraw the winnings. You can’t claim the stake as part of your winnings as this is the bonus provided by the sportsbook. There are other requirements too, and we will touch on these later.

What is the best way to get a free bet at an Indiana betting site?

It’s now time to get your hands on these free bets. All you need to do is follow this step-by-step guide, and you’ll be up and running with your free bets in no time.

  1. Take your pick from our list of free bets: To get started, take a look at our list of top sportsbooks in IN with the best free bets. Each of these bets has been checked carefully to make sure that it has fair terms and conditions. And each of the betting sites offering them is fair, legal, and offers a great sports selection.
  2. Become a member of an IN sportsbook: When you’ve chosen your sportsbook, click on the sign-up or register button to open an account. The IN betting app will require you to input details such as name, DOB, email, SSN, etc. You may also be required to download geolocation software to prove you’re within the borders of the state before your account goes live.
  3. Claim your free bet: With an active account, you can now claim the free bet. Depending on the site, this may happen automatically once your account is verified, or you may need to opt-in or provide a promo code. The bonus conditions will clearly outline this, so don’t skim them.
  4. Start playing: With the free bet in your possession, it’s time to take a look at all the sports available and start using that free bet.

Different types of free bets at Indiana betting sites

When you visit an Indiana sportsbook, you may find that there are a number of other different bet bonus offers there as well. Making sure you know the difference is essential if you want to get the best out of your bonus. Here are some of the top bet offers you can find online:

  • No deposit free bet IN: Essentially, this is a free bet, it’s just got a slightly different name. The betting site will award you a small bonus amount in the form of a bet for you to place on a sporting event. You do not need to use your own money to claim it.
  • Risk-free bet IN: This differs from a free bet in that you must deposit and place a bet to claim. When your bet has been placed, if you lose, the sportsbook refunds the value of the bet. You then get a second chance to win. If the initial bet wins, you just get to keep those winnings.
  • Matched deposit free bet IN: Popular as a welcome offer, when you make a deposit, the sportsbook will match the deposit you’ve made up to a specified percentage. This is usually 100%, meaning you can double the amount you place as a bet with no additional cost to yourself.
  • Cashback bonus free bet: This works on similar lines to the risk-free bet. Essentially, when you place a bet and accrue losses, the sportsbook will give you a free bet on the value of your losses. Usually, the free bet will be around 20% of your losses to be used over a specified period.

Pros and cons of free bets in Indiana

It’s always nice to be able to claim a bonus or two when playing. But they’re not always the best things for you, and the same can be said of free bets. There are pros and cons to this type of bet, which you need to be aware of before you take it on. So, here are some of the pluses and minuses of free bets:

Pros

  • Chance to try out new games for free: Free bets are a great way to check out a sportsbook before you deposit. There’s zero risk, so it makes sense to see what’s on offer. If you don’t like it, you’ve lost nothing and can sign up on a different site.
  • Build your bankroll: With a free bet, you can actually claim the winnings from it. Although you can’t claim the stake, if you keep winning, this can be the basis of your bankroll. The best part is you can build it up without ever having deposited or used your own money. You can then continue using your winnings from the free bet to place additional bets and increase your bankroll on the IN casino.
  • Try betting on a new sport: Free bets are a great way to try betting on a sport or event that you wouldn’t normally bet on. As free bets are often linked to specific events, you may not actually get the choice of where to bet anyway.

Cons

  • Expiration time: As the bet is free, you will find a limited timeframe in which you can use it. It’s actually often very short, too, usually within a few days of receipt. This means that you must use it quickly, or you’ll lose it completely. Additionally, you may find that there are timeframes on when you have to meet the wagering requirements. If you fail to meet the wagering requirements in the timeframe, you may lose your winnings, not just the bonus bet offer.
  • Wagering requirements: Found on almost all bonuses, wagering requirements must be met if you want to withdraw any winnings. Also known as playthrough or rollover, you will be required to play through any winnings you’ve got a specific number of times before you can withdraw it. The lower the wagering requirements, the easier they are to achieve. We recommend looking for free bets with 20x or less. Requirements for this type of bonus can also extend to the bet type you can place, the sport or event, and even restrict the maximum amount you can actually win.

FAQ

Can I get a free bet on all betting sites in Indiana?

No, not all betting sites in Indiana offer free bets. Each betting site has different offers available. But we've taken the time to go through each of the sportsbooks to see which offer free bets in Indiana and which don't. You can quickly check out our top list right here.

Do all free bets in Indiana come with wagering requirements?

Yes, all free bets in Indiana come with wagering requirements. This is to stop you from simply taking the bet and walking away with free cash from the sportsbook. The wagering requirements can include rollover or playthrough, expiration dates, bet sizes, and maximum wins.

Can I withdraw my free bet in IN instantly?

No, it is not possible to instantly withdraw free bets in Indiana. This is because wagering requirements are in place to prevent you from doing just this. Instead, you will have to go through all the terms and conditions to make sure you meet them. Once you have, then you'll be able to withdraw any winnings from the free bet.