The Premier League is now back up and running, and this gives us another option to choose from if we are looking to open a new account with a bookmaker.
As well as the general standard free bet offers that are available (£20.00 matched bet based on your first bet, for example), we also now have enhanced odds offers to choose from on specific football matches, when opening new accounts. These enhanced odds offers are available every week, and they usually sound good value with eye catching odds.
Although they are eye catching offers, they are not always neccesarily the best deals. In fairness though, there are pros and cons with both offers.
For example, with the enhanced odds offers, you might get offered 20/1 on Man City to beat West Brom, when the normal odds (for existing customers) are as short as 1.4. With these offers the enhanced winnings are paid in free bets (and terms and conditions apply), and usually there is a maximum bet of just £1.00 at these higher odds. The problem is that if City don’t win, you wouldn’t get the £20.00 in free bets.
Whereas if you just open a new account with a bookmaker offering a standard free bet worth £20.00, you are guaranteed to get this free bet, but you would have to place a qualifying bet of £10.00 or £20.00. Using this method, you might lose £10.00 or £20.00, getting the free bet.
So you would need to work out the risk factor of City not winning, costing you just £1.00, and you not getting £20.00 in free bets, against possibly losing £10.00 or £20.00, in order to get a guaranteed free bet of £20.00. Either way there is some small risk involved, meaning it is up to the individual as to which risk seems the better value.
Sometimes with the enhanced odds offers there is just no risk though. I’ve seen offers such as £5.00 on there to be a Yellow Card in the North London Derby (Tottenham V Arsenal) at 5/1, or £10.00 on Germany to beat San Marino at 3/1, etc, etc.
There was even an offer of 3/1 on Brazil to wear their world famous yellow jerseys in their opening World Cup Finals match against Croatia back at the 2014 finals in Brazil. There wasn’t a cat in hells chance they wouldn’t wear yellow against a team in red and white stripes, on the opening day of the World Cup.
There did used to be enhanced odds accumulator offers, but unfortunately these seem to have disappeared. If you do like placing accumulator bets, be sure to check out our acca insurance page for the best offers.
Although the winnings are paid in free bets, these sort of offers are just gifts. They don’t come around every week, but they are out there. It is simply a case of keeping an eye out for them.
When you see them though, act fast, because if they get too popular, bookmakers have been known to pull them way before the match kicks off.