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
Betiton Sports & Casino

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Bet £15 Get £10 Betting Bonus

Site Promotions Including Boosts,Cashouts & Fast Markets

✔ Experienced Company ✔ New Trusted Site ✔ Tons of Options

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Gambling License ✔

New customers only. Max one £10 free bet. Qualifying bets must be placed at odds of 1/1 or greater. Paid as bonus token with min 4/5 odds required. Skrill, Neteller & Paypal not eligible. T&Cs apply. 18+ 18+ T&C's | BeGambleAware® #AD
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

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Gambling License ✔

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
Betfred

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Bet £10 Get £30 in Free Bets

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✔ Experienced Company Behind The Brand ✔ Huge Betting Selection ✔ In Play Betting

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New UK & NI customers only. Promo code SPORTS60. Deposit and place first sports bet of £10+ in one transaction, at odds of Evens (2.0)+, settled within 60 days. First bet must be on Sports. £30 in Free Bets credited within 48 hours of bet settlement. 7-day expiry. Payment restrictions apply. SMS validation may be required. Max 60 Free Spins on Justice League Comics. 7-day expiry. Full T&Cs apply. 18+ T&C's | BeGambleAware® #AD
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✔ Good Selection of Betting Markets ✔ Competitive Welcome Bonus ✔ Good For Mobile Betting

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Place first £10 bet on sports with 3 legs at odds of 1.3 or greater per leg; Free Bet and Free Spins credited after the qualifying bet has settled; Free Multiple Bet must contain 3 legs at odds of 1.3 or greater per leg; Free Bet and Free Spin stakes not returned; No wagering requirements on winnings; £200 max win; T&C’s apply; 18+. Please bet responsibly 18+ T&C's | BeGambleAware® #AD
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Up to £100 Extra Winnings on your First Deposit

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New customers only. Deposit £10 min and claim in ‘my offers' 1x100% mobile in-play profit boost. Max stake £10. Max extra winnings £100. Valid for 30 days. Skrill/Neteller deposits do not qualify. 18+ Full T&Cs apply 18+ T&C's | BeGambleAware® #AD
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Bet £10 Get £20 in Free Bets

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New customers only. Min deposit £10 (UK Credit/Debit cards only). Max bonus amount is £50. Deposit and bonus amount must be wagered 10 times (min odds Evens) prior to bonus funds and associated winnings are able to be withdrawn. Winnings accumulated from ‘real money’ bets may be withdrawn at any time. Bonus is valid for sports betting only. T&Cs apply. 18+ T&C's | BeGambleAware® #AD
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Betting Bonus up to £100

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✔ Online for over 15 years ✔ Huge Selection of Games ✔ Regular Sport Offers

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New Customers Only. Min £10 Deposit. Min odds: 4/5. Bonus bets valid for 7 days. T&C’s Apply. 18+ 18+ T&C's | BeGambleAware® #AD
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Bet £10 Get £10

Unlock the KaramBOT Extra Rewards

✔ Stable Platform ✔ Well-Known Brand ✔ Plenty of Action

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Gambling License ✔

New customers only and is available once per household. Max. Free Bet amount £10. Min Deposit £10. Customers who deposit using Neteller, Paysafe, Skrill or Skril 1-Tap will not be eligible for any free bet offer. Bonus Policy and Terms of Service apply. 18+ T&C's | BeGambleAware® #AD
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Welcome Bonus up to £100

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18+ Full T&C's Apply. New players Only. £10 min deposit. £5 max bet using bonus. 60x (40x referred player) wagering applies. Bonus valid for 14 days. 10 Spins on pre-selected games will be credited instantly + then 10 per day for 4 days. Free Spins valid for 72 hours from credit. Max Free Spins winnings £100. Ewallets excluded. 18+ T&C's | BeGambleAware® #AD
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18+. New players only. 100% bonus on first deposit up to £50 & 100 Bonus Spins (50 spins on day 1, 25 on day 2, 25 on day 3) for Gonzo’s Quest slot only. Min first deposit of £20. Max bonus £50. Max bonus bet £5. Max bonus cash-out £250. 40x wagering requirements. Bonus expiry 30 days. Bonus spins expire after 48 hours. Game restrictions apply. Further Terms Apply. 18+ T&C's | BeGambleAware® #AD
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New customers only. Minimum first deposit of £20 required. Maximum promotion amount per player is £50 Bonus and 50 Free Spins. The welcome offer is not available on pre-paid card or e-wallet (Neteller and Skrill) deposits. Bonus and free spins will be credited automatically. 100% deposit bonus up to £50 bonus will be credited upon first deposit. 50 free spins will be received in 5 daily increments of 10 starting within 24 hours of first deposit. Free spins are only available on Starburst. Free spins value is £0.10 per spin. Bonus will expire 30 days after qualifying deposit. Free spins will expire 48 hours after being credited/ 18+ T&C's | BeGambleAware® #AD
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100% up to £400 Welcome Bonus

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18+. New players only. One bonus offer per player. Minimum deposit £20. Max bonus bet is £5. Bonus spins on selected games only and must be used within 72 hours. Bonus funds must be used within 30 days otherwise any unused bonus shall be removed. Bonus funds are 100% match up to £400 on your 1st deposit, 40% match up to £3000 on your 2nd deposit, and 60% match up to £1500 on your 3rd deposit. Bonus funds are separate to Cash funds, and are subject to 35x wagering the total bonus & cash. Only bonus funds contribute towards any wagering requirements 18+ T&C's | BeGambleAware® #AD
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18+ Full T&C's Apply. New players Only. £10 min deposit. £5 max bet using bonus. 60x (40x referred player) wagering applies. Bonus valid for 14 days. 30 Spins will be credited instantly upon qualifying deposit + then 30 per day for 9 days on pre-selected games. Free Spins valid for 72 hours from credit. Max Free Spins winnings £100. Ewallets excluded. 18+ T&C's | BeGambleAware® #AD
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18+ Full T&C's Apply. New players Only. £10 min deposit. £5 max bet using bonus. 60x (40x referred player) wagering applies. Bonus valid for 14 days. 15 Spins will be credited instantly upon qualifying deposit + then 15 per day for 9 days on Gonzo's Quest. Free Spins valid for 72 hours from credit. Max Free Spins winnings £100. Ewallets excluded. 18+ T&C's | BeGambleAware® #AD
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