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 |
BetCoco Casino
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Gxmble Casino
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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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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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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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BetGoodwin Sports
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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 ✔ | ||
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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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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Speadex Sports
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