Risk-Free Bets: Profit from Matched Betting Offers
While risk-free bets are not the most common form of betting ‘bonus’ that you find at online bookies, they do exist, and they are fabulous if you can take advantage of them.
What are risk-free bets?
Well, they do exactly what they say on the tin. With this type of bet, there is no risk on your part. If you lose your bet, then you get whatever you staked back. This is not going to be a common type of bet, and you will only likely be able to take advantage of it once when you sign up to a site, so you will need to make sure that you put a lot of effort into choosing the right type of bet to place to maximise your returns.
Why do online bookmakers offer risk-free bets?
In a nutshell, it helps to get punters through the door. Gambling is inherently risky. Sure, sports betting may not be as risky as some other forms of gambling e.g. slot machines, as you have some control over the types of bet that you make (you can try and aim for the favourites), but there is still an element of risk involved with this type of betting. People hate putting their money on the line (even if it can deliver returns), and they want there to be as little risk as possible.
Online bookmakers know that if they are able to score a new customer on their website, there is a chance that this person will stick around for a long time to come and continue to place bets with them. Risk free bets tend to be some of the better types of ‘bonus’ that an online bookmaker can offer too, mostly because there is little risk on their part.
Are there going to be terms and conditions attached to risk-free bets?
Of course. However, in most cases, these terms and conditions are not going to be anywhere near as strict as any other type of bonus. This is because this is not actually ‘free’ cash you are playing about with. It is your cash.
There is a small chance that if you do lose your bet, the cash you get back will be regarded as ‘bonus’ money, which means that you will need to play through whatever you win with that several times before you are able to withdraw it from your account, but this is something that you will need to look into yourself. Each and every online bookmaker is going to be different.
How to take advantage of risk-free bets - Best Matched Betting Strategies
This is going to be dependent where you are gambling. In most cases, you will be required to deposit a certain amount into your account before you take advantage of your risk-free bet. The most common type of bet will be “bet £25.00 risk free” or something like that.
While these bets are normally associated with welcome bonuses, you may find that if you are a regular gambler on a site, you will be given loyalty bonuses which are risk-free too, although these are incredibly rare. They seem to be more for the most loyal of punters out there, and not all sites will end up offering them.
How to take advantage of your risk-free bet: Help With What To Do
Obviously, the best way to take advantage of your risk-free bet is to lump it all on something which has decent odds. Don’t go for the safe bets here. That is not something that really makes a whole lot of sense, because you are going to end up getting your money back if you lose.
This does not mean that you should jump in and start betting on things blindly. This is pointless. As with all sports bets, you are still going to want to do a little bit of research so that you know whatever you are betting on, no matter how slim the odds, still has a decent chance of coming up trumps.
Latest Risk Free Bet & Matched Betting Offers
As we said before; this is not the most common type of bonus that you find at an online bookmaker. This is why you need sites like ours to do the research for you. If you check out the list below, you will be introduced to some of the best risk-free bet bookmakers out there. We will make sure that we keep this list ‘up to date’ whenever we track down a new site.
| Casinos | Bonus | Visit |
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BetCoco Casino
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Welcome Bonus up to £3,000 (Over 3 Deposits) 75 Free Spins & Up To 20% Cashback ✔ Top Casino Games & Slots ✔ Betting Available ✔ Generous Welcome Bonus |
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| First Deposit Bonus - 100% up to £1,000 + 50 Free Spins on Gates of Olympus, Second Deposit Bonus - 100% up to £1,000 + 25 Free Spins in Sweet Bonanza. Third Deposit Bonus - 100% up to 1,1000. New players only. Full terms and conditions apply 18+ T&C's | BeGambleAware® #AD | ||
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Gxmble Casino
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400% up to £2,500 Welcome Bonus Weekly Reload Bonuses - No Max Cashout! ✔ Generous Welcome Bonus ✔ Top Slot Game Providers ✔ Good Array of Payment Options ✔ Fast Cashouts |
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| 1st - 200% up to 500€ / 2nd - 100% up to 750€ / 3rd - 100% up to 1250€ (Total: 400% up to 2500€) - 5X wagering. Full terms and conditions apply. 18+ T&C's | BeGambleAware® #AD | ||
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Golden Lion Casino
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| Welcome Package: LION1 400% up to £2000+ 100 Free spins. Welcome Package LION2 200% up to £1000 + 50 Free spins. Welcome Package LION3 150% up to £1000 + 25 Free spins. Welcome Package LION4 100% up to £1000. Welcome Package LION5 100% up to £1000 18+ T&C's | BeGambleAware® #AD | ||
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Betfred
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| New 18+ UK customers only. Register using the promo code WELCOME40, deposit and place first bet of £10+ on Sports (cumulative Evens+) within 7 days of registration. First bet must be on Sports. £30 in Free Bets and £10 in Free Spins (50x20p) credited within 10 hours of bet settlement. Free Bet stakes are not included in any returns. Bonuses have a 7-day expiry. Payment restrictions apply. SMS verification and/or Proof of I.D and address may be required. Full T&Cs apply. 18+ T&C's | BeGambleAware® #AD Gambling License ✔ | ||
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| New players only. A 400% match first-deposit bonus (“First-Deposit Bonus”) on the player’s first real money deposit in the casino for up to a maximum bonus of £2000. x50 Wagering. nly slot games can be used to complete the play-through requirement of the bonus unless stipulated otherwise in the promotions’ terms and conditions. Full terms apply. 18+ T&C's | BeGambleAware® #AD | ||
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All British Casino
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Welcome Bonus 100% up to £100 Always 10% Cashback Bonuses ✔ Highly Trusted Operator ✔ Their own version of British roulette ✔ 10% cashback for roulette players |
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| #AD New customers only, min deposit £20, wagering 35x, max bet £5 with bonus funds. Max bonus is 100% up to £100. No max cash out on deposit offers. Welcome bonus excluded for players depositing with Skrill or Neteller. Cashback is cash with no restriction. Full T&C’s apply 18+ T&C's | BeGambleAware® #AD Gambling License ✔ | ||
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The Pools Sports
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Bet £10 Get £20 Welcome Offer Acca Boosts, Best Odds Guaranteed,Free Spins Offers ✔ Long Time UK Betting Brand ✔ Generous Betting Offer ✔ Superb Choice of Betting Options ✔ Best For Football Betting |
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| 18+, UK only. Deposit and place a minimum £10 cash bet at single or accumulated odds of 1/1 or greater and we will give you 1 x £5 in free bets plus an extra 3 x £5 Free Bets the following day. Applies to first cash bet only. Free bets credited as 4 x £5 bets to use on 3x Any sport & 1x Virtuals. Cashed Out, Void or Draw No Bet wagers do not qualify for this promotion. 1 x £5 Free Bets are credited upon qualifying first bet settlement, other free bets credited by midday the day after your first bet settles. 7-day free bet expiry. Available once per customer. This offer cannot be combined with any other promotion. Full T&C's apply. 18+ T&C's | BeGambleAware® #AD Gambling License ✔ | ||
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BetGoodwin Sports
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£50 Back as Free Bet up to £25 On First Day Losses ✔ Great Sgin Up Offer ✔ Trusted Brand ✔ Huge Choice of Betting Marketd |
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| Register a new online account with Betgoodwin. Must have a minimum of 3 bets of £10 or more on separate events at odds of evens (2.0) or bigger on first day. First day losses equals all settled stakes less all returns. The day finishes at 23:59 on day of registration. Free bets must be used in their entirety and stakes are deducted from returns. Free bets non withdrawable Free bets to be credited within 24 hours. This offer can not be used in conjunction with any other Betgoodwin promotion. If your free bet is subsequently voided it will be replaced within 24 hours. Cashed out bets do not count towards this offer. This offer is limited to a free bet award per person/household/IP address. Betgoodwin reserves the right to withdraw or terminate this offer only once the full duration of the promotion has been completed. Betgoodwin Terms and Conditions apply. 18+ T&C's | BeGambleAware® #AD Gambling License ✔ | ||
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Britian Bet
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Deposit £10 Get A £10 Free Bet
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| New Players Only. Free bet - one-time stake of £10, min odds 1.5, stake not returned. 1X wager the winnings. Wager from real balance first. Wager calculated on bonus bets only. Max conversion: £200. Valid for 7 Days from issue. Withdrawal requests voids all active/pending bonuses. Excluded Skrill deposits. Full Terms apply. 18+ T&C's | BeGambleAware® #AD Gambling License ✔ | ||
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Luckster Casino
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| zT&Cs Apply. 18+. New Players Only. First Deposit: 100% up to £50 + 20 spins on Starburst. Min deposit £10. Second Deposit: 50% up to £75. Min deposit £20. Third Deposit: 50% up to £75. Min deposit £20. 35x wagering applies to spins and bonus funds. Max win is £100. Full T&Cs Apply. – www.begambleaware.org #adl T&Cs apply. Please gamble responsibly. 18+ T&C's | BeGambleAware® #AD Gambling License ✔ | ||
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Mr Play Sports
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Bet £10 Bet £10 Acca Offers, Daily Site Promotions ✔ Fantastic Betting Odds ✔ All the major leagues & events ✔ Great Bonuses & Daily Offers ✔ Trusted Platform Read Review |
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| Standard Welcome Offer terms(Bet 10 Get 10): This offer is for new customers only and is available once per household. Max. FreeBet amount: £10 Minimum Deposit and wagering on sport to activate the Free Bet is: £10 Void/cancelled or cashed out bets do not count towards wagering to activate the free bet. Offer valid only to customers making a first deposit of £10 or more. Offer only applies to players who are residents of United Kingdom, Norway, Finland, Germany and Canada. 18+ T&C's | BeGambleAware® #AD Gambling License ✔ | ||
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JeffBet Sports
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Bet £10 & Get a £30 Free Bet Extra Promotions Running Weekly ✔ Excellent New PlayerBetting Offer ✔ Casino & Betting Options ✔ Trusted Sports Betting Platform ✔ Good Choice Of Betting Markets |
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| New Players Only. Min £10 qualifying bets, stake not returned. Free bet - one-time stake of £30, min odds 1.5, stake not returned. 1X wager the winnings. Wager from real balance first. Wager calculated on bonus bets only. Max conversion: £200. Valid for 7 Days from issue. Withdrawal requests voids all active/pending bonuses. Excluded Skrill deposits. Full Terms Apply 18+ T&C's | BeGambleAware® #AD Gambling License ✔ | ||
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Speadex Sports
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Get £35 In Free Bets
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| Place a qualifying £25 fixed odds bet at odds of 1/2 or greater. Qualifying bet cannot be placed in-play or cashed out early. A first free £5 fixed odds bet will be credited upon settlement of the qualifying bet.. 4 x following £5 free fixed odds bets will be added to your account on consecutive days. After your first free fixed odds bet you will also get a free £5 Total Goals spread bet. And after your second free fixed odds bet you will also get a second free £5 Total Goals spread bet. You must have a full spread betting account to be able to claim the free Total Goals spread bets. Note, future spread spread bet placed, losses can exceed deposit. Place a smaller qualifying fixed odds single bet at minimum odds of 1/2 and get different amounts of free fixed odds bets as per below: Free bets must be claimed within 28 days of opening. Free bet stake not included in any winnings. Ts&Cs Apply. 18+ begambleaware.org 18+ T&C's | BeGambleAware® #AD Gambling License ✔ | ||
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Welcome Bonus 100% up to £50 50 Bonus Spins ✔ Highly Established Casino ✔ Great Welcome Offer ✔ Salon Prive Live Games ✔ Simple But Highly Effective Casino |
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| New players only 18+. Min deposit £20. 40x wagering applies to match up bonus . Offer valid for 1 week. 50 Spins on Starburst. 40x wagering applies to Spins 18+ T&C's | BeGambleAware® #AD Gambling License ✔ | ||
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NY Spins Casino
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| 18+ new players only. Maximum £50 bonus. Minimum deposit: £20. Bonus wins are capped at £500. Max bet with active bonus: £2. Wagering requirement 100% match deposit bonus: 30 times sum of deposit + bonus. Winnings from Free Spins are credited as Real Money without wagering requirements. Free Spins expire after 3 days. Some games may not be played with an active bonus. Games may contribute differently when wagering a bonus. 18+ T&C's | BeGambleAware® #AD Gambling License ✔ | ||
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Duelz Casino
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| 18+ new players only. Minimum deposit: £20. Maximum £100 bonus. Max bet with an active bonus: £2. Wagering requirement 100% match bonus: 30 times sum of deposit + bonus. Max redeemable from welcome bonus: £500. 100 Free Spins are given out 20 per day on Book of Dead for 5 days in a row, log in each day is required. Max Free Spins winnings: £100. Winnings from Free Spins are credited as bonus money with a wagering requirement of 45 times. Free Spins expire after 3 days. Some games may not be played with a bonus. Games may contribute differently when wagering a bonus. 18+ T&C's | BeGambleAware® #AD Gambling License ✔ | ||
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Jackpot Casino
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Lottomart Games
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100% up to £100 Welcome Bonus Free Scratchcards & Casino Promos ✔ Wager Free Bonus ✔ Top UK Slots ✔ Trusted Company ✔ Biggest Online Lotteries |
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| New customers only. All new players can get a 100% deposit match bonus on your deposit, up to £100 - Deposit at least £10 and claim up to £100 18+ T&C's | BeGambleAware® #AD Gambling License ✔ | ||
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Playojo Casino
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| This offer is only available for first time depositors. Min deposit is £10. 50 Free Spins on Book of Dead. Spin Value: £0.10. After your first deposit you may claim your 30 Extra Free Spins by visiting the Kicker Section. No min withdrawal. This offer cannot be used in conjunction with any other offer. This offer is only available for specific players that have been selected by PlayOJO. OJO’s Rewards and Game Play policy applies. 18+ T&C's | BeGambleAware® 18+ T&C's | BeGambleAware® #AD Gambling License ✔ | ||
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Welcome Bonus up to £200 100 Bonus Spins ✔ New Casino ✔ Trusted Company ✔ 60+ Live Games ✔ New Slots ✔ Fast Payouts |
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| Applies only to new depositing players. 18+. Minimum deposit: £10. 35x Wagering requirement applies to match up bonus. Spins credited in specific games. Spins expire after 24 hours. Wagering requirement applies to spins. Terms and Conditions apply. 18+ T&C's | BeGambleAware® #AD Gambling License ✔ | ||
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| Applies only to new depositing players. 18+. Minimum deposit: £10. 35x Wagering requirement applies to match up bonus. Spins credited in specific games. Spins expire after 24 hours. Wagering requirement applies to spins. Terms and Conditions apply. 18+ T&C's | BeGambleAware® #AD Gambling License ✔ | ||
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| 18+; new depositing players only. Welcome package split over 3 deposits: Min. 1st deposit £10. Min. 2nd and 3rd deposit £20. 35X Wagering requirement applies to match up bonus and spins. Spins credited in specific games. Spins expire after 24 hours. Terms and conditions apply 18+ T&C's | BeGambleAware® #AD Gambling License ✔ | ||
