If you are an occasional bettor who just bets on the big meetings like Cheltenham Festival then you can find some outstanding deals but if you are someone who bets regularly on horse racing you could find additional long term value by utilising an existing customer free bet club. Most of these clubs pay you a free bet if you place a certain number and amount of bets on horse racing each week and often these can be claimed in addition to other offers on the site too. Meaning you can still take advantage of incredible deals for the likes of Cheltenham and still have those wagers count towards a loyalty club.
Below are some of the best loyalty free bets for existing customers who bet on racing regularly. Further down we look at the positives and negatives of these reward features and how best to use them. Many of the clubs listed here are open to all sports bets too, not just horse racing, but they do include horse racing bets.
Loyalty Free Bet Clubs For Horse Racing & Cheltenham
How To Use Loyalty Clubs?
Free bet clubs are designed to be a loyalty incentive for punters that like to place regular bets, therefore they are not designed to be complex or misleading otherwise the overall point is lost. Still, to get the most of out these clubs it helps to understand some basics that will mean you don’t fall foul of any terms that could mean you end up losing out.
Do You Need To Opt-In?
What Is The Qualifying Period?
Are There Minimum Stakes?
Are There Minimum Odds?
Can You Place Any Bet Types?
Do Bets Need To Settle In A Timeframe?
When Is The Free Bet Awarded, How Long Is It Valid For?
Is The Free Bet Restricted?
Can You Cash Out, Use Enhanced Odds, etc.
Pros and Cons Of Free Bet Clubs
The pros of existing customer free bet clubs are fairly obvious. If you already place bets on horse racing, or any sports, on a regular basis then you could get more value over time by using a free bet club. If, for example, you often place bets of £5+ and you place five or more of these each week then you will qualify for many of the clubs listed on this page. If you place even more bets than this then you could use different clubs with different bookies to further enhance long term value.
Although not as obvious there are a couple of cons around using these clubs. For example, you may end up betting with a bookie just because you need to meet the weekly quota, when in fact there are better odds available elsewhere. You need to weigh up the value of qualifying for the club vs getting better odds for a specific bet elsewhere.
You also shouldn’t feel pressured to bet just to meet the criteria for a free bet club. If you are not comfortable placing say £5 stakes or placing five bets in a week then don’t use these clubs. For example, you’ve placed 2x£5 bets and you have three bets to go to get a reward next week, if you are forcing yourself to place another 3x£5 bets then it would be perhaps better to not use these clubs as you could end up betting and losing more overall.