Free Bet

This quick video shows you how to use a freebet on Overtime Markets, a decentralized onchain sportsbook.

A freebet lets you place a bet without using your own funds. If your bet loses, you lose nothing. If it wins, you get the full profit — and your freebet is returned to your balance.

Example: You use a $50 Freebet on a market with 3.0x odds. ✅ If you win, you receive $100 in profit + your $50 freebet back.

Sometimes freebets must be claimed first, especially if you're accessing one via a referral or promo link. If that's the case, just hit the Claim Freebet button after connecting your wallet.

Claim and bet walkthrough

Step-by-Step: How to Use a freebet on OvertimeMarkets

1. Connect Your Wallet Go to overtimemarkets.xyz and connect your wallet (make sure you're on Base, Optimism, or Arbitrum).
2. (If Needed) Claim Your Freebet If you received a Freebet via a link or promotion, you might need to claim it manually. Look for a "Claim Freebet" button after connecting.

3. Check Your Freebet Balance Once connected (and claimed, if needed), check your freebet balance in the top bar or account area.

4. Pick a Match Browse the list of games and choose one you'd like to bet on.

5. Choose a Market and Selection Click an outcome to add it to your bet slip (e.g. team to win, total points over/under).

6. Enable the Freebet Option In the bet slip, toggle “Use Free bet” so the Freebet is applied instead of real funds.

7. Place the Bet Click “BUY”

8. Wait for the Result

   • ❌ If your bet loses, you lose just the freebet balance

   • ✅ If your bet wins, you receive the net profit, and your freebet amount is returned to your balance to use again.