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Field note · Offer terms

Free bets, and what “stake not returned” means

Most sports welcome offers pay out in free bets. The fine print decides what one is actually worth to you.

By the Gambling Atlas desk · Updated

3D render of a small football pitch tile with a white goal frame and a ball

How a free bet works

A typical sports welcome offer asks you to place a qualifying bet with your own money. Once it settles, the operator credits free bets, often split into several tokens. The qualifying bet is a real bet: you can lose it.

Stake not returned

When a free bet wins, you usually receive the winnings but not the free bet stake itself. A £10 free bet at evens (1/1, or 2.0 in decimal odds) returns £10, not the £20 a cash bet would return. That single line is why a free bet is worth less than its face value.

Conditions to look for

Minimum odds for the qualifying bet and sometimes for the free bets, for example 1/1 or evens.

Expiry, often seven or thirty days from the credit.

Markets excluded, such as virtual sports.

Payment methods excluded from qualifying, often certain e-wallets.

Promo codes that must be entered at sign-up or the offer does not apply.

Since January 2026

A sports offer can no longer hand out casino spins, or require casino play, as part of the same promotion. If you see a mixed offer advertised to people in Great Britain after 19 January 2026, treat it as a warning sign.

Before you bet

Set a deposit limit first, decide how much the qualifying bet can be without hurting, and do not chase a losing qualifying bet with more deposits. A free bet is a small extra, never a reason to bet more.