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.
Betiton Sports & Casino
Bet £15 Get £10 Betting Bonus
Site Promotions Including Boosts,Cashouts & Fast Markets
Experienced Company New Trusted Site Tons of Options
|18+. T&C's | BeGambleAware® 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+|
Mr Play Sports
Bet £10 Bet £10
Acca Offers, Daily Site Promotions
Fantastic Betting Odds All the major leagues & events Great Bonuses & Daily Offers Trusted PlatformRead Review
|18+. T&C's | BeGambleAware® 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.|
100% up to £300 Welcome Bonus
Use Bonus Code: TONY200
Excellent Support Full Range of Betting Markets Competitive OddsRead Review
|18+. T&C's | BeGambleAware® Offer is only valid for players located in the United Kingdom. New customers only. The offer is valid for 3 days after the registration. 10 Welcome Spins must only be wagered from the real money balance on Net/Ent slots. The wagering requirement for the winnings of Welcome Spins is 35x the amount awarded. Wagering is 35x the total of bonus money, deposit and extra spins. £5 max bet. Deposits made by Skrill and Neteller are not eligible. Unused bonus fund expire after 30 days. Unused bonus spins expire after 10 days. Always read full terms.|
Welcome Bonus up to £50
Weekly Reloads & Casino Welcome Bonus
|18+. T&C's | BeGambleAware® ew Players Only. 18+. 10x wagering requirements. Minimum odds 1.65. Must use within 30 days. Minimum deposit £10. Further terms and conditions apply.|
100% up to £25 Betting Bonus
Acca Insurances + Promotions
Competitive Betting Offers Superb Betting Markets Professional SupportRead Review
|18+. T&C's | BeGambleAware® Significant terms:18+. New players only. Minimum deposit £5+. Odds 1.80+. 14 days expiry. Full T&Cs apply. Please Gamble Responsibly. BeGambleAware.org.|
Bet £10 Get £10
Unlock the KaramBOT Extra Rewards
Stable Platform Well-Known Brand Plenty of ActionRead Review
|18+. T&C's | BeGambleAware® 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.|
100% Up To £250 First Deposit Bonus
Plus 10 Big Bonus Spins to Play on Starburst
Swift Customer Support Large Betting Choice In Play Betting Reputable BrandRead Review
|18+. | BeGambleAware® This offer is available for New Customers registering from the 17th May 2018 and will expire after 30 days from registration. The deposit bonus offer (100% up to £50) is only available to New Customers making an Initial Deposit of £10 or more. The additional 20 Bonus Spins is only available to New Customers making an Initial Deposit of £25 or more. Customers depositing via the following are not eligible for the Casino Welcome Offer: Moneybookers, Skrill & Neteller.|
Get £30 in Free Bets + 30 Free Spins when you stake £10.
Experienced Company Behind The Brand Huge Betting Selection In Play BettingRead Review
|18+. T&C's | BeGambleAware® New UK & NI customers only. 18+. Sign up using promo code ‘SPORTS60’. Deposit & place first sports bet at a minimum of £10 in one bet transaction at evens (2.0) +. £30 paid in free bets within 48 hours of bet settlement, expires 7-days after issue. E-Wallet & Prepaid Card restrictions apply. Your first bet must be settled within 60 days of bet placement. SMS validation may be required. Game restrictions apply. Maximum 30 Free Spins on selected games. Free Spins expire after 7 days. Full T&Cs apply.|
Reels Royale Casino
Welcome Bonus up to £250
100 Bonus Spins on UK Slots
Trusted Casino PLC Group New Casino Top Welcome Bonus Plenty of Popular UK Casino Games
|18+. T&C's | BeGambleAware® Opt-in required. 18+ only.Valid only to new customers who register on or after May 1st 2020. First two deposits only. Maximum bonus is £250, plus 100 bonus spins. Bonus spins valid on select slots. Wagering Requirement of 45x Bonus Amount. Max bet £5 per bet. Max conversion £1,000. Neteller / Skrill / PaySafe Card deposits not permitted. Bonuses expires after 7 days. Full Terms & Conditions apply.|
£5 Risk Free Bet (Exchange Betting)
Best Odds For Rugby & Football
|18+. T&C's | BeGambleAware® Risk £5 or more in your first bet on the Exchange and if it loses Betfair will refund you £5 in CASH. This offer is only available to customers who have never placed a bet on the Betfair Exchange.|
Up to £100 Extra Winnings on your First Deposit
Huge Betting Options Top For In-Play Fast & Secure PayoutsRead Review
|18+. T&C's | BeGambleAware® 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|