A free bet is an amount of money that CannonBet will credit to your account, allowing you to bet on particular betting markets or specific bet types. A free bet differs from a regular bet in a couple of ways:
Firstly, if your bet loses, you do not lose anything!
Secondly, should you win, unlike a regular bet where you are returned the amount you bet (your stake) plus the profit, with a free bet, you receive only the profit.
Please note that the option to cash out is not available on bets placed with free bet.
You can only use this type of bonus on some specific sports betting odds. There is usually a minimum odds amount and you should beware of any free bet bonuses that only allow you to use the bonus bets on some fairly risky odds such as 2.00 or higher.
Please also note that every free bet has an expiry period and your bets using this bonus, must conclude by the end of this period. Players should always check this period as the free bet will be cancelled after it and you will lose your bonus and bets placed with it.
Another type of bonus is a wager bonus. Unlike the free bets, there are more requirements for a wager bonus. Usually, you will need to meet a wagering-requirement by your funds through a certain number of times. The total amount of a wager is specified in the specific terms of the bonuses.
As an example, if you receive a 100% deposit match bonus on 100 EUR, for casino with a wagering requirement of 40 times, it means you will need to play 40 times the bonus and deposit 40x(100+100) amount to be able to cash out the bonus amount and the winnings.
This bonus cannot be mixed with other offers or be used at the same time as another bonus.
Free spins bonuses are usually associated with a specific game and allow you to be introduced to a slot machine game risk free. You are awarded a certain number of times to play a type of slot machine game. Depending on the campaign or promotion, any winnings you do get from free spins bonuses can have wagering requirements, however, for some cases the winnings can be added as free cash also, please check the terms of the specific bonus for more information.
Combo Express Bonus
There are two types of bonuses available on multi or combo bets: Express Bonus, and Express Cashback. When placing your multi bet, if your bet meets the requirements, you get to choose whether you would like the Express Bonus, which will boost your current odds, or if you would like the Express Cash Back, in case of losing, or if you would like an added amount with your odds boosted in case of winning.
To see all of our latest bonuses check out our promotions section!