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Freebet
A bonus wager given to player by a bookmaker. If the bet wins – only the net profit is transfered to the real-money account. While the stake amount of the freebet is not returned.
Why it’s important:
- User acquisition. A freebet for registration lowers the entry barrier and lets new users try the product without risking their own money;
- Reactivation and retention. Freebets work well to bring back inactive users and as a part of VIP program;
- Engagement growth. Can be a good motivation to try new bet patterns, for example by giving prematch player a live-events only freebet helps player to step out of his comfort zone and increase total turnover;
- Marketing tool. A clear offer as “up to 4000₺ freebet” is easy to get attention with.
May have one or more limitations for it’s use such as:
- Min/max odds for a single selection;
- Min/max number of selections in an accumulator;
- Min/max total odds for an accumulator;
- Use only for a specific event;
- Use only for a specific championship/league/tournament;
- Limitation by validity period;
- Limitation to a specific outcome type; Min deposit to apply.