You should only do so with a site like FanDuel that gives you site credit and not free sports bets. If you are a bettor who has more than a 50% success rate with straight bets, you might want to consider placing a 3-4 leg parlay or same game parlay with your risk free bet for a big pay day. You’ll end up with a net profit + a free bet offer or site credit. Then just claim the risk free bet offers from both sportsbooks and bet them on the opposite sides of the line. It is possible that you could find a +110 line for both sides of a given event from different sportsbooks. However, sportsbooks often have contrasting lines on smaller games and sports.

If you choose a free money offer with more than 1x wagering, this strategy is no longer viable Line Hopping Remember to check the Terms & Conditions of the bonus before employing this method. You then either withdraw your winnings or keep playing with your free bet credits. Basically this means that you place a hedge bet against your risk free bet on another sportsbook in a manner that one of the picks wins. Hedging bets at competing sportsbooks is a popular strategy among bonus hunters. Note that some of these tips are mutually exclusive, meaning you can’t employ both of them. These bonus bets always have a wagering requirement so there are few ways to maximize your risk free bet strategy. ⭐ Risk Free Betting TipsĪ risk free bet means that your wager is returned to you in the form of free cash bet or a bonus bet. Usually, the wagering requirements for risk free bet offers are only 1x, however there are usually required minimum odds that have to be used.

You then need to wager through the site credit or free bet bonus, before you can withdraw your winnings. This means that if you lose your initial bet, the sportsbook will return your stake in the form of free bet or site credit. Risk free bets are sports betting promotions where your first bet is insured. Make sure to use your free bets before they disappear. Every free bet bonus has an expiration date.

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