How To Place A Risk Free Bet At An Online Bookie?
Many online bookies are right now offering risk free bets. This bonus or promotion comes in the form of coupon code or without a coupon at most of the US legit sports bookies. Actually risk free bet as the name goes is an offer for you at the bookie in which the risk on your first bet is minimized so that it is impossible for you to lose money when you lose the bet. Risk-free betting is an awesome way to get into sports betting for those punters who are nervous about staking real money wagers down for the first time or for those who are interested in sports betting but scared that they may make the wrong choice. In either case, you essentially are being offered a free bet that can’t lose.
As more and more US states legalizing sports betting, all bookies offer risk free bet to new punters who join their site. Interested in risk free bet and wanna know which online bookie offers this bonus then keep on reading below.
How to Place a Risk Free Bet?
To place a risk free bet obviously you need to join an online sportsbookie like 888 sport or any US friendly bookie of your choice.
If you don’t have your account, then join the bookie by tap or click on Sign up and Join Now
Fill a short form with your few details, like DOB, place of residence and mobile number.
Next, you must deposit money so that you can have funds to bet with. Remember that many sportsbook’s risk-free bonuses are not without some conditions.
Like 888 sport you have single bet only – Parlay bets are not considered as a Qualifying bets for this promotion. Also at 888 sport free bets expire after 7 days and free bet stakes not included in returns.
If you win your risk-free bet then you collect your winnings and move on! A risk-free bet is there as a safety net in case you lose. You can win money on risk free bets as risk-free bets are real bets with real money on the line. The only difference is that if you lose your bet then you don’t lose your money and you are allowed to wager it once more on the platform.
If you lose your wager on a risk-free bet then the money that you lost will be credited back to your account but with a time limit. Time limits can be as short as less than a day or as long as 72 hours.
Sports Bookies in USA offering Risk free bets
There are around fourteen major mobile sportsbooks operating in the state. Out of those sportsbooks, thirteen are offering risk-free sign up bonuses for new players.
- DraftKings offers a $500 matching bet
- Free bet must be used within 30 days of the first bet
- Free bet not redeemable for cash out but must be wagered
- DraftKings has a large menu of bettable sports on their app
- Good integration of DFS on the app (where available)
- DraftKings offers a rotating list of promos so check back for changes!
- Promo eligible in NH, NJ, WV, IN, PA, IA, CO
- Promo ends 1/1/2021
Simply open your account with Draftsking make a deposit of $5 or more and DraftKings will match your first bet with a risk-free bet up to $500.
2. 888 Sport
- 888sport offers $500 risk-free bet with a deposit
- If your bet loses you get your money back in free bets within 72 hours
- Free bets expire after 7 days
- Promotion is for first-time customers only
- Available in NJ
- Valid until December 31st, 2020
Simply open your account. Make a deposit of $10 and place your bet to get risk free bet of $500
- TVG offers a $200 risk-free bet with a single horse win a bet
- Offer only open to new TVG account holders.
- Refer-a-friend promo. Each referral awards you $25 in free bets
- Promotion available in PA, NJ
To qualify for the Promotion, sign up for a new TVG account using any of the following promo codes: RISKFREE, RISKFREE5, RISKFREE12 or TV (“Promo Code”) between 3/16/20 and 6/20/20 (“Sign-Up Period”) and within 15 days of signing up, use your TVG (or 4NJBets or PABets) account to place a win, win/place, win/show or win/place/show wager on any race at any track.
- Unibet offers a $250 risk-free bet with a deposit
- There is also a smaller $20 in free bets with no deposit if you don’t want to put a lot of money down
- Promo available in NJ, PA,
To receive 2 X $10 FREE BETS
- No deposit required to receive this bonus.
- After registering as a new user, you will immediately be receiving 2 x $10 bets in your bet-slip.
- Simply add any sports market to your bet-slip, select “Bonus Offers” and your free bets will be available to use.
To get $250
- Make your first cash bet on any event.
- The bet must have minimum odds of -115 (+100, +110, +120, etc).
- If your first settled cash bet loses, you will receive a refund to your account equal to the amount of your losing wager (up to $250).
- You will receive the refund within 72 hours.
- $500 Risk-Free Bet on any sports bet.
- Expires 6/30/20
- $5 bonus when making your first deposit on FanDuel DFS
- $200 risk-free wagering on FanDuel Casino
- $5 free upon sign up for FanDuel Racing
- $10 minimum deposit
- Available in NJ, PA, WV, IN, IA, CO
- Risk-free betting credits must be used within 72 hours of receiving them
Join FanDuel Sportsbook today and make your first bet. If you lose, the bookie give you a refund of up to $500 in site credit (within 72h). Your first bet will qualify (If you have multiple selections on one betslip, it will be the first selection you made)
6. Golden Nugget
- $100 on first bets as a welcome offer
- The offer is only available if your first bet is for exactly $100
- Available in NJ, NV
Get up to $100 on your first single bet at Golden Nugget Sportsbook. Only straight wagers (single bets) and live bets (in-play bets) qualify. Parlays do not qualify for this offer. There are no minimum odds for a qualifying bet
7. Hard Rock
- $100 Risk-Free Bet no bonus code required as a welcome offer
- Hard Rock takes minimum bests as low as $0.01
- Available in NJ, IA
- Has good customer service options
Simply deposit $100 or more and place your first bet of $100 or more. If your pick doesn’t rock out a victory, we’ll hit you back with $100 in cash.
Besides these other sportsbookies like Borgata, Resorts, Caesars, BetMGM and others also offer risk free bets from time to time. All the above bookies also offer $10 no deposit for new players at their casino or to bet on sport. All you need is to check their promotional page from time to time and you will be surprised to find that the page is loaded with awesome bonuses and bets offers for players across New Jersey, Pennsylvania, Nevada, Indiana, Iowa, Colorado and others.
Note that these online bookies also offer risk free bet at Superbowl and other sports championship or horse racing events.
Finally remember that all the online Sportsbookie promos and offers come with strings attached. So better read the terms and conditions before you redeem any of the bonuses and bet offers at the online bookies. Now pick your mobile download the bookie app or simply login the bookie on your PC or tablet to get started.