Free $10 bet with no deposit required. Enter the promo code BFF110 when joining and the $10 bet will be put into your account within 24 hours.
Free $10 bet at IASbet.com No deposit required!
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Doubt it. I think you need to use it to bet at least twice before making any withdrawals.

Anyway, I used my $10 and bet on NSW winning Origin 1 by 12 points or less. I won with odds being 3.60 but you don't get the $10 back so I had $26 in my account. I then put it all on Man U winning UEFA CL so I now have $46.80 in my account! Sweet! What a lucky day!
Thanks for the post - this should certainly be getting more votes!

This didn't work for me, after registration IASbet rejected the code.
Offer might of expired?

Initial sign up went ok, claiming i would be notified within 24 hours for bonus credit if the offer was valid. After 6 days I have received no bonus credit.

Six days after registering I checked under the "Free Bets" menu and the $10 is there.
You can use your free bet only on the following Winner markets:
Aussie Rules
2008 AFL Premiership
* 2008 AFL Premiership * Final 8 * Wooden SpoonBaseball
MLB 2008 World Series
* MLB 2008 World Series WinnerMLB 2008 American League Pennant
* MLB 2008 American League WinnerMLB 2008 National League Pennant
* MLB 2008 National League WinnerCricket
2011 Cricket World Cup
* 2011 Cricket World Cup2009 Ashes - Series
* England v AustraliaMotor Sport
2008 V8 Supercars
* 2008 V8 Supercar ChampionshipNFL Football
Super Bowl XLIII
* Super Bowl XLIIINovelty
2008 BBC UK Sports Personality Of The Year
* 2008 BBC UK Sports Personality Of The Year * 2008 BBC UK Sports Personality Of The YearRugby League
2008 Rugby League World Cup
* 2008 Rugby League World CupRugby Union
2009 Six Nations Championship
* Six Nations Championship Winner2011 Rugby World Cup
* 2011 Rugby World Cup WinnerTennis
2008 Wimbledon
* 2008 Wimbledon2008 Wimbledon - Womens
* 2008 Wimbledon - Womens2008 Davis Cup
* 2008 Davis Cup

Is there anything stopping you from withdrawing this? According to their "banking information" $10 is the minimum withdraw amount and there is no fee.