{"id":17617,"date":"2024-01-17T15:00:19","date_gmt":"2024-01-17T15:00:19","guid":{"rendered":"https:\/\/safestbettingsites.co.uk\/?page_id=17617"},"modified":"2024-02-09T09:35:35","modified_gmt":"2024-02-09T09:35:35","slug":"risk-free-betting","status":"publish","type":"page","link":"https:\/\/safestbettingsites.co.uk\/risk-free-bet\/","title":{"rendered":"Risk-Free Betting &#8211; What It Is and How To Do It"},"content":{"rendered":"<p>Risk-free betting is wagering in the knowledge that part or all of your stake will be returned to you if your bet loses. It sounds like a bettor\u2019s dream, but it\u2019s perfectly achievable. In this article, we\u2019ll tell you all you need to know about wagering with a risk free bet, including how it works and how to do it.<\/p>\n<div id=\"toc_container\" class=\"no_bullets contracted\"><div class=\"toc_toggle\"><div class=\"toc_arrow\"><svg width=\"24\" height=\"24\"  xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 24 24\"><circle cx=\"12.06\" cy=\"12.06\" r=\"11.8\" fill=\"#1C2642\"\/><path d=\"M6,10.45l6,6,6-6\" fill=\"none\" stroke=\"#fff\" stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"2\"\/><\/svg><\/div><div class=\"toc_title\">Table of contents<\/div><\/div><ul class=\"toc_list\"><li class=\"toc_menu_level_1\"><div class=\"heading-box level_1\"><div class=\"heading-box-border level_1\"><a href=\"#How_Does_Risk-Free_Betting_Work\">How Does Risk-Free Betting Work?<\/a><\/div><\/div><\/li><li class=\"toc_menu_level_1\"><div class=\"heading-box level_1\"><div class=\"heading-box-border level_1\"><a href=\"#Risk-Free_Bet_vs_Free_Bet\">Risk-Free Bet vs Free Bet<\/a><\/div><\/div><\/li><li class=\"toc_menu_level_1\"><div class=\"heading-box level_1\"><div class=\"heading-box-border level_1\"><a href=\"#Common_Terms_and_Conditions_for_Risk_Free_Bets\">Common Terms and Conditions for Risk Free Bets<\/a><\/div><\/div><\/li><li class=\"toc_menu_level_1\"><div class=\"link-content-box\"><div class=\"heading-box level_1\"><div class=\"heading-box-border level_1\"><a href=\"#Risk_Free_Betting_Strategy_and_Tips\">Risk Free Betting Strategy and Tips<\/a><div class=\"toggle_menu_arrow\"><svg width=\"40\" height=\"40\" viewBox=\"0 0 40 40\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n<path d=\"M16 18.6665L20 22.6665L24 18.6665\" stroke=\"#1C2642\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\n<\/svg><\/div><\/div><\/div><ul class=\"child_toc_menu level_1\"><li class=\"toc_menu_level_2\"><div class=\"heading-box level_2\"><div class=\"heading-box-border level_2\"><a href=\"#Bet_Sensibly\">\u2705Bet Sensibly<\/a><\/div><\/div><\/li><li class=\"toc_menu_level_2\"><div class=\"heading-box level_2\"><div class=\"heading-box-border level_2\"><a href=\"#Risk_Free_Betting_Guaranteed_Win_Strategy\">\u2705Risk Free Betting Guaranteed Win Strategy<\/a><\/div><\/div><\/li><li class=\"toc_menu_level_2\"><div class=\"heading-box level_2\"><div class=\"heading-box-border level_2\"><a href=\"#Use_Free_Bets_Strategically\">\u2705Use Free Bets Strategically<\/a><\/div><\/div><\/li><\/ul><\/li><li class=\"toc_menu_level_1\"><div class=\"heading-box level_1\"><div class=\"heading-box-border level_1\"><a href=\"#Where_to_Find_Risk_Free_Bet_Offers\">Where to Find Risk Free Bet Offers<\/a><\/div><\/div><\/li><li class=\"toc_menu_level_1\"><div class=\"link-content-box\"><div class=\"heading-box level_1\"><div class=\"heading-box-border level_1\"><a href=\"#Pros_and_Cons_of_Risk-Free_Betting\">Pros and Cons of Risk-Free Betting<\/a><div class=\"toggle_menu_arrow\"><svg width=\"40\" height=\"40\" viewBox=\"0 0 40 40\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n<path d=\"M16 18.6665L20 22.6665L24 18.6665\" stroke=\"#1C2642\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\n<\/svg><\/div><\/div><\/div><ul class=\"child_toc_menu level_1\"><li class=\"toc_menu_level_2\"><div class=\"heading-box level_2\"><div class=\"heading-box-border level_2\"><a href=\"#Advantages\">\u2705Advantages<\/a><\/div><\/div><\/li><li class=\"toc_menu_level_2\"><div class=\"heading-box level_2\"><div class=\"heading-box-border level_2\"><a href=\"#Disadvantages\">\u274cDisadvantages<\/a><\/div><\/div><\/li><\/ul><\/li><li class=\"toc_menu_level_1\"><div class=\"heading-box level_1\"><div class=\"heading-box-border level_1\"><a href=\"#Reduce_Your_Risk_Today\">Reduce Your Risk Today<\/a><\/div><\/div><\/li><li class=\"toc_menu_level_1\"><div class=\"link-content-box\"><div class=\"heading-box level_1\"><div class=\"heading-box-border level_1\"><a href=\"#FAQ\">FAQ<\/a><div class=\"toggle_menu_arrow\"><svg width=\"40\" height=\"40\" viewBox=\"0 0 40 40\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n<path d=\"M16 18.6665L20 22.6665L24 18.6665\" stroke=\"#1C2642\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\n<\/svg><\/div><\/div><\/div><ul class=\"child_toc_menu level_1\"><li class=\"toc_menu_level_2\"><div class=\"heading-box level_2\"><div class=\"heading-box-border level_2\"><a href=\"#What_is_a_no_risk_bet\">What is a no risk bet?<\/a><\/div><\/div><\/li><li class=\"toc_menu_level_2\"><div class=\"heading-box level_2\"><div class=\"heading-box-border level_2\"><a href=\"#How_do_free_bets_work\">How do free bets work?<\/a><\/div><\/div><\/li><li class=\"toc_menu_level_2\"><div class=\"heading-box level_2\"><div class=\"heading-box-border level_2\"><a href=\"#Is_risk-free_betting_illegal\">Is risk-free betting illegal?<\/a><\/div><\/div><\/li><li class=\"toc_menu_level_2\"><div class=\"heading-box level_2\"><div class=\"heading-box-border level_2\"><a href=\"#What_does_a_risk-free_bet_mean\">What does a risk-free bet mean?<\/a><\/div><\/div><\/li><\/ul><\/li><\/ul><\/div>\n<h2><span id=\"How_Does_Risk-Free_Betting_Work\">How Does Risk-Free Betting Work?<\/span><\/h2>\n<p>Risk-free betting is possible because online betting sites in the UK are always looking for ways to attract new customers. (They aren\u2019t failing, either &#8211; the Gambling Commission says that <a href=\"https:\/\/www.gamblingcommission.gov.uk\/statistics-and-research\/publication\/industry-statistics-november-2023\" target=\"_blank\" rel=\"noopener\">the industry was worth \u00a315.1 billion<\/a> from April 2022 to March 2023!)<\/p>\n<p>One of the main ways they do that is by offering a variety of bonuses and promotions. And the risk-free bet offer is one of them.<\/p>\n<p>Sports bettors aren\u2019t generally afraid of taking risks, but if there\u2019s any way of reducing them, we\u2019re all for it. Bookmakers know that, and that\u2019s why they thought of giving us risk free bet offers in the first place.<\/p>\n<p>The most common risk free bet comes in the form of a refund on any early losses you experience, up to a certain maximum. For example, a bookmaker might offer you, \u201850% Back on First-Day Losses, Up To \u00a350\u2019.<\/p>\n<p>In this case, you could sign up for an account with the bookie in question, make a deposit, and start betting. If, at the end of your first day, you have lost money overall, you\u2019d get 50% back, up to the advertised maximum of \u00a350. Such refunds of losses are normally given to you as free bet credits. You can then bet with those credits, just as you would with your own money.<\/p>\n<div class=\"row author_note__block\" >\n    <div class=\"col-md-2 author_note__user\"><img decoding=\"async\" class=\"author_note__img\" src=\"https:\/\/safestbettingsites.co.uk\/wp-content\/uploads\/2023\/12\/Ian-Bruce-150x150.jpeg\" alt=\"Ian Bruce profile-image\">\n        <div class=\"author_note__name\">Ian Bruce<\/div>\n    <\/div>\n    <div class=\"col-md-10 author_note__text\">\n        <div class=\"authort_note__headlines\">\n            <div class=\"author_note__tip\"><\/div>\n            <h3><\/h3>\n        <\/div>\n        <h2><span id=\"Risk-Free_Bet_vs_Free_Bet\">Risk-Free Bet vs Free Bet<\/span><\/h2>\n<p><span style=\"font-weight: 400\">It\u2019s important to understand from the outset that a <\/span><span style=\"font-weight: 400\">risk free bet <\/span><span style=\"font-weight: 400\">isn\u2019t quite the same as a free bet. As we\u2019ve just explained, a <\/span><span style=\"font-weight: 400\">risk free bet <\/span><span style=\"font-weight: 400\">usually requires you to first bet with your own cash. Then, if you lose, some or all of your losses are covered by the bookie.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">So <\/span><span style=\"font-weight: 400\">what is a free bet?<\/span><span style=\"font-weight: 400\"> And <\/span><span style=\"font-weight: 400\">how does a free bet work?<\/span><span style=\"font-weight: 400\"> Well, a free bet is a bet token or credit that you can actually bet with instead of using money. Free bets still only tend to be awarded when you deposit cash, but they\u2019re yours to use regardless of whether your cash bets win or lose.<\/span><\/p>\n\n    <\/div>\n<\/div>\n<h2><span id=\"Common_Terms_and_Conditions_for_Risk_Free_Bets\">Common Terms and Conditions for Risk Free Bets<\/span><\/h2>\n<p>Many bookmakers like to be generous with their promotions. But not so generous that they leave themselves vulnerable to exploitation by those who don\u2019t have a real interest in betting. For that reason, all risk free bet offers are subject to certain terms and conditions. The exact terms will vary from bookie to bookie, and from bonus to bonus, but some of the most common conditions are as follows:<\/p>\n<p>\u27a1\ufe0fMinimum Qualifying Deposit &#8211; You will normally be asked to deposit a minimum sum of money to qualify for the risk free bet offer. This is usually quite a modest amount, such as \u00a310. This rule aims to bar access to anyone who isn\u2019t really interested in betting with their own money.<\/p>\n<p>\u27a1\ufe0fMinimum Bet Odds &#8211; When you come to make a bet with your cash, you\u2019ll normally be required to bet at minimum qualifying odds. For example, you might be asked to bet at minimum odds of 1\/1 (2.00) or greater.<\/p>\n<p>\u27a1\ufe0fSpecified Period &#8211; Bookmakers will stipulate when your position will be assessed to determine whether you have won or lost money overall. With a first-day losses refund offer, that will normally be at 23:59 on the day you make your initial bet.<\/p>\n<p>\u27a1\ufe0fMarkets and Bet Types &#8211; Some betting sites might include additional terms that tell you which sports markets and bet types qualify for their offer and which ones don\u2019t. For example, you might not be able to bet on accumulators, which have a higher chance of losing than straightforward win bets. Other bookies will be happy to let you bet on whatever you want.<\/p>\n<p>The terms and conditions will also include information about how your refund will be awarded should you end up in a losing position. You\u2019ll be told when your refund will be issued, how much it will be for, and what form it will take. If a refund will be given as a sportsbook free bet, details of when and how that can be used will also be provided. It will also be made clear that, if you win with a free bet, you will only receive your winnings, and not the free bet stake itself.<\/p>\n<p>Most promotional terms and conditions are clear and simple to understand. However, if you are at all confused about an offer, all you have to do is reach out to the customer service team at your chosen betting site and they will be happy to explain things personally.<\/p>\n<h2><span id=\"Risk_Free_Betting_Strategy_and_Tips\">Risk Free Betting Strategy and Tips<\/span><\/h2>\n<p>The simplest way of risk-free betting is to find a deal that you like and take advantage of it. But these offers are so widely available that it\u2019s also possible to take a more organised approach. Here are some tips on how to adopt a risk-free betting strategy for the long term.<\/p>\n<h3><span id=\"Bet_Sensibly\">\u2705Bet Sensibly<\/span><\/h3>\n<p>Just because the bookie is giving you a safety net of some description doesn\u2019t mean you should take a casual approach to betting. Assess the opportunities carefully, study the form and bet with your head. Ideally, you want your bets to win, because that way you get a cash return, and not just a refund in the form of free bet sportsbook credits.<\/p>\n<h3><span id=\"Risk_Free_Betting_Guaranteed_Win_Strategy\">\u2705Risk Free Betting Guaranteed Win Strategy<\/span><\/h3>\n<p>Another approach worth considering is to take advantage of risk-free betting offers from several bookies at the same time. You could then bet on an event with a limited number of outcomes and cover all of them for a guaranteed win.<\/p>\n<p>For example, if you like to <a href=\"https:\/\/safestbettingsites.co.uk\/football\/\">bet on football<\/a> you could choose a competitive match that\u2019s hard to predict. You could then bet on the home win with one bookie, on the away win with another and on the draw with a third. One of your bets is sure to win, giving you a cash profit. And the other two will lose, giving you full or partial refunds as a free match bet or two.<\/p>\n<img decoding=\"async\" class=\"aligncenter wp-image-17628 size-full\" title=\"Football\" src=\"https:\/\/safestbettingsites.co.uk\/wp-content\/uploads\/2024\/01\/Football.jpg\" alt=\"Football\" width=\"754\" height=\"503\" srcset=\"https:\/\/safestbettingsites.co.uk\/wp-content\/uploads\/2024\/01\/Football.jpg 754w, https:\/\/safestbettingsites.co.uk\/wp-content\/uploads\/2024\/01\/Football-300x200.jpg 300w\" sizes=\"(max-width: 754px) 100vw, 754px\" \/>\n<h3><span id=\"Use_Free_Bets_Strategically\">\u2705Use Free Bets Strategically<\/span><\/h3>\n<p>If and when you receive a refund in the form of free bets, be sure to also use those free bets strategically. For example, you could use them to cover potential dangers to your main selection in a competitive event. Or you could use them to try and land wins in particularly challenging markets that you don\u2019t often invest in yourself, such as correct score markets.<\/p>\n<p>Yet another option for those who like to <a href=\"https:\/\/safestbettingsites.co.uk\/horse-racing\/\">bet on horse racing<\/a> might be to use a free bet on a decent-priced form favourite in a competitive race. You could then go to a betting exchange to try and lay the same horse at a lower price in running. That\u2019s a more complicated approach, but it\u2019s a perfectly viable one.<\/p>\n<h2><span id=\"Where_to_Find_Risk_Free_Bet_Offers\">Where to Find Risk Free Bet Offers<\/span><\/h2>\n<p>As we said earlier, bookmakers run risk-free promotions to try and attract new players, so they tend to shout about them. That\u2019s good for us because it makes them relatively easy to find. Keep an eye on the <a href=\"https:\/\/safestbettingsites.co.uk\/\">best betting sites featured on our home page<\/a> and you can scroll through to see what each one is offering in the way of new customer promotions. Be sure to come back often, as our collection of the best sites is always growing and the available offers are constantly updated.<\/p>\n<h2><span id=\"Pros_and_Cons_of_Risk-Free_Betting\">Pros and Cons of Risk-Free Betting<\/span><\/h2>\n<p>Like anything in the world of sports betting, risk-free betting has both its advantages and its disadvantages. The main ones are outlined below:<\/p>\n<h3><span id=\"Advantages\">\u2705Advantages<\/span><\/h3>\n<div class=\"su-list\" style=\"margin-left:0px\">\n<ul>\n<li><svg width=\"20\" height=\"21\" viewBox=\"0 0 20 21\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M0 10.4819C0 4.95909 4.47715 0.481934 10 0.481934C15.5228 0.481934 20 4.95909 20 10.4819C20 16.0048 15.5228 20.4819 10 20.4819C4.47715 20.4819 0 16.0048 0 10.4819Z\" fill=\"#E1F4E7\"\/><path d=\"M5.75635 10.4087L8.63432 13.2866L14.2437 7.67725\" stroke=\"#1C2642\" stroke-width=\"2\"\/><\/svg> Risk-free betting can help you get off to the best possible start with a new bookmaker. If your own bet wins, you can celebrate. But if it doesn\u2019t, free bets and matched betting offers can help you live to bet another day. This is very good news. Especially for those who are new to sports betting and haven\u2019t yet developed much confidence in their winner-picking abilities.<\/li>\n<li><svg width=\"20\" height=\"21\" viewBox=\"0 0 20 21\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M0 10.4819C0 4.95909 4.47715 0.481934 10 0.481934C15.5228 0.481934 20 4.95909 20 10.4819C20 16.0048 15.5228 20.4819 10 20.4819C4.47715 20.4819 0 16.0048 0 10.4819Z\" fill=\"#E1F4E7\"\/><path d=\"M5.75635 10.4087L8.63432 13.2866L14.2437 7.67725\" stroke=\"#1C2642\" stroke-width=\"2\"\/><\/svg> The\u00a0risk-free betting\u00a0offer is becoming increasingly popular with bettors, so they\u2019re quite easy to find. And because you aren\u2019t restricted to betting with just one bookmaker, you can take advantage of several offers if you want to do that.<\/li>\n<li><svg width=\"20\" height=\"21\" viewBox=\"0 0 20 21\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M0 10.4819C0 4.95909 4.47715 0.481934 10 0.481934C15.5228 0.481934 20 4.95909 20 10.4819C20 16.0048 15.5228 20.4819 10 20.4819C4.47715 20.4819 0 16.0048 0 10.4819Z\" fill=\"#E1F4E7\"\/><path d=\"M5.75635 10.4087L8.63432 13.2866L14.2437 7.67725\" stroke=\"#1C2642\" stroke-width=\"2\"\/><\/svg> Risk-free bets can be particularly useful when used strategically. For example, a few savvy bettors use them to make\u00a0guaranteed win bets\u00a0by covering every possible outcome in an event. You could do something similar. You just need to find several bookies with the right offers.<\/div><\/li>\n<\/ul>\n<h3><span id=\"Disadvantages\">\u274cDisadvantages<\/span><\/h3>\n<div class=\"su-list\" style=\"margin-left:0px\">\n<ul>\n<li><svg width=\"20\" height=\"21\" viewBox=\"0 0 20 21\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M0 10.4819C0 4.95909 4.47715 0.481934 10 0.481934C15.5228 0.481934 20 4.95909 20 10.4819C20 16.0048 15.5228 20.4819 10 20.4819C4.47715 20.4819 0 16.0048 0 10.4819Z\" fill=\"#FFD8D8\"\/><g clip-path=\"url(#clip0_11861_8771)\"><path d=\"M11.32 10.4822L13.7949 8.00728C14.0683 7.73383 14.0683 7.29049 13.7949 7.01747L13.465 6.68753C13.1914 6.414 12.7481 6.414 12.4751 6.68753L10.0002 9.16235L7.52534 6.68702C7.25189 6.41357 6.80856 6.41357 6.53554 6.68702L6.20509 7.01696C5.93164 7.29049 5.93164 7.73383 6.20509 8.00685L8.68042 10.4822L6.2056 12.957C5.93206 13.2305 5.93206 13.6739 6.2056 13.9469L6.53554 14.2768C6.80899 14.5503 7.25232 14.5503 7.52534 14.2768L10.0002 11.8019L12.4751 14.2768C12.7486 14.5503 13.1919 14.5503 13.465 14.2768L13.7949 13.9469C14.0683 13.6734 14.0683 13.23 13.7949 12.957L11.32 10.4822Z\" fill=\"black\"\/><\/g><defs><clipPath id=\"clip0_11861_8771\"><rect width=\"8\" height=\"8\" fill=\"white\" transform=\"translate(6 6.48193)\"\/><\/clipPath><\/defs><\/svg> You won\u2019t always get the full risk of your bet covered. Instead, you might get just 50% of losses refunded, in which case only part of your risk is removed.<\/li>\n<li><svg width=\"20\" height=\"21\" viewBox=\"0 0 20 21\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M0 10.4819C0 4.95909 4.47715 0.481934 10 0.481934C15.5228 0.481934 20 4.95909 20 10.4819C20 16.0048 15.5228 20.4819 10 20.4819C4.47715 20.4819 0 16.0048 0 10.4819Z\" fill=\"#FFD8D8\"\/><g clip-path=\"url(#clip0_11861_8771)\"><path d=\"M11.32 10.4822L13.7949 8.00728C14.0683 7.73383 14.0683 7.29049 13.7949 7.01747L13.465 6.68753C13.1914 6.414 12.7481 6.414 12.4751 6.68753L10.0002 9.16235L7.52534 6.68702C7.25189 6.41357 6.80856 6.41357 6.53554 6.68702L6.20509 7.01696C5.93164 7.29049 5.93164 7.73383 6.20509 8.00685L8.68042 10.4822L6.2056 12.957C5.93206 13.2305 5.93206 13.6739 6.2056 13.9469L6.53554 14.2768C6.80899 14.5503 7.25232 14.5503 7.52534 14.2768L10.0002 11.8019L12.4751 14.2768C12.7486 14.5503 13.1919 14.5503 13.465 14.2768L13.7949 13.9469C14.0683 13.6734 14.0683 13.23 13.7949 12.957L11.32 10.4822Z\" fill=\"black\"\/><\/g><defs><clipPath id=\"clip0_11861_8771\"><rect width=\"8\" height=\"8\" fill=\"white\" transform=\"translate(6 6.48193)\"\/><\/clipPath><\/defs><\/svg> Refunds of losses are most commonly given as free bets. That means you\u2019ll need to use those bets with the same bookmaker to try and convert them into cash.<\/li>\n<li><svg width=\"20\" height=\"21\" viewBox=\"0 0 20 21\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M0 10.4819C0 4.95909 4.47715 0.481934 10 0.481934C15.5228 0.481934 20 4.95909 20 10.4819C20 16.0048 15.5228 20.4819 10 20.4819C4.47715 20.4819 0 16.0048 0 10.4819Z\" fill=\"#FFD8D8\"\/><g clip-path=\"url(#clip0_11861_8771)\"><path d=\"M11.32 10.4822L13.7949 8.00728C14.0683 7.73383 14.0683 7.29049 13.7949 7.01747L13.465 6.68753C13.1914 6.414 12.7481 6.414 12.4751 6.68753L10.0002 9.16235L7.52534 6.68702C7.25189 6.41357 6.80856 6.41357 6.53554 6.68702L6.20509 7.01696C5.93164 7.29049 5.93164 7.73383 6.20509 8.00685L8.68042 10.4822L6.2056 12.957C5.93206 13.2305 5.93206 13.6739 6.2056 13.9469L6.53554 14.2768C6.80899 14.5503 7.25232 14.5503 7.52534 14.2768L10.0002 11.8019L12.4751 14.2768C12.7486 14.5503 13.1919 14.5503 13.465 14.2768L13.7949 13.9469C14.0683 13.6734 14.0683 13.23 13.7949 12.957L11.32 10.4822Z\" fill=\"black\"\/><\/g><defs><clipPath id=\"clip0_11861_8771\"><rect width=\"8\" height=\"8\" fill=\"white\" transform=\"translate(6 6.48193)\"\/><\/clipPath><\/defs><\/svg> Terms and conditions may stipulate what kind of markets you can bet in. They may also restrict the types of bets you can make and the minimum odds of qualifying selections.<\/div><\/li>\n<\/ul>\n<h2><span id=\"Reduce_Your_Risk_Today\">Reduce Your Risk Today<\/span><\/h2>\n<p>Risk-free betting allows you to wager on sporting events and get some or all of your money back if you lose. Different risk-free offers will provide different guarantees. But essentially you\u2019ll be compensated to at least some extent if your bet goes bad. This is something that all bettors can benefit from, so consider taking advantage of any that you see and good luck with your bets.<\/p>\n<h2><span id=\"FAQ\">FAQ<\/span><\/h2>\n<section class=\"fi-faq-content-shortcode\">\n    <div class=\"fi-faq-content-shortcode__question\">\n        <h3><span id=\"What_is_a_no_risk_bet\">What is a no risk bet?<\/span><\/h3>\n    <\/div>\n    <div class=\"fi-faq-content-shortcode__answer\" style=\"display: none;\">\n        <p>A no risk bet is one where the bookmaker will take on the burden of risk on your behalf. Place your bet and if it loses the bookie will compensate you.<\/p>\n    <\/div>\n<\/section>\n<section class=\"fi-faq-content-shortcode\">\n    <div class=\"fi-faq-content-shortcode__question\">\n        <h3><span id=\"How_do_free_bets_work\">How do free bets work?<\/span><\/h3>\n    <\/div>\n    <div class=\"fi-faq-content-shortcode__answer\" style=\"display: none;\">\n        <p>Free bets are credits or tokens that you can use instead of cash to place bets. Note that, if you win, you will only receive the profit from the bet, and not the free bet stake itself.<\/p>\n    <\/div>\n<\/section>\n<section class=\"fi-faq-content-shortcode\">\n    <div class=\"fi-faq-content-shortcode__question\">\n        <h3><span id=\"Is_risk-free_betting_illegal\">Is risk-free betting illegal?<\/span><\/h3>\n    <\/div>\n    <div class=\"fi-faq-content-shortcode__answer\" style=\"display: none;\">\n        <p>Not at all. Many bookmakers encourage it by using risk-free betting offers to attract new customers.<\/p>\n    <\/div>\n<\/section>\n<section class=\"fi-faq-content-shortcode\">\n    <div class=\"fi-faq-content-shortcode__question\">\n        <h3><span id=\"What_does_a_risk-free_bet_mean\">What does a risk-free bet mean?<\/span><\/h3>\n    <\/div>\n    <div class=\"fi-faq-content-shortcode__answer\" style=\"display: none;\">\n        <p>A risk-free bet means any bet where the bookmaker removes the risk of losing. You bet with your own cash and if you lose, the betting site will refund your losses, up to a stated maximum.<\/p>\n    <\/div>\n<\/section>\n\n","protected":false},"excerpt":{"rendered":"<p>Risk-free betting is wagering in the knowledge that part or all of your stake will be returned to you if your bet loses. It sounds like a bettor\u2019s dream, but it\u2019s perfectly achievable. In this article, we\u2019ll tell you all you need to know about wagering with a risk free bet, including how it works &hellip; <\/p>\n","protected":false},"author":45,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"class_list":["post-17617","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Risk-Free Betting - What It Is and How To Do It - Risk Free Bets<\/title>\n<meta name=\"description\" content=\"Risk-free betting is wagering in the knowledge that part or all of your stake will be returned to you if your bet loses. 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