Risk-Free Bet

Risk-Free Bets on Sportsbook Online

Risk-free bet is very popular among those who do sports betting. These come in several variants, but common to them all is that there should be no risk to the player associated with the game itself. Nevertheless, there are some factors you should be aware of before choosing to receive a risk-free betting game. For those who are not completely into this, it may be okay with a little review.

Risk-free bet without a deposit

The best way to get a risk-free bet is in connection with no deposit bonuses. Then you can easily and simply register your interest and get risk-free games without having to pay for it. The condition, however, is that you either have enough own money or bonus money in the account to cover the game in question. Because it is not a free game, but a risk-free game.

An example of this could be if a betting company distributes a risk-free free bet in connection with the UEFA Champions League football match. If you sign up on time, you get this game without betting your own money. A basically 100% risk-free way to play. If your team ends in a loss, you have not won anything, but you have not lost anything either.

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Free betting with deposit requirements

In connection with a sports event, it may be the case that you are offered a risk-free game up to a certain amount. If this game ends in a loss, you will then be able to get, for example, €30 back without conditions. Technically a risk-free game – even if you initially had to pay for the game yourself.

Win great prizes without risk

Now that you have a better understanding of what a risk-free game entails, it's time to put your learning to the test. In the list a little further up, you will find a number of betting companies that constantly provide risk-free games to their players. Click in and take a look at the promotion pages to find the latest promotions. If you are lucky, there are one or two risk-free games to pick up – and then there can be great prizes just around the corner!

Terms and conditions on free bets Free Bet on Sport | Live Odds

Risk-free games still come with conditions, and they are mostly the same whether you have money in the account, or have to deposit funds to get the risk-free game. First, as mentioned, one must have enough funds to cover the game. Secondly, you must make sure that you play correctly: First, you must bet the exact value of the risk-free game. If the game is worth €10, it must be played for exactly €10.

It can almost always not be used on system bets – ie bets on several different matches, where winnings are only given if all bets end in your favor. A risk-free game is also one game and not more. Thus, one can not divide it into several games over several game coupons.

Net winnings and wagering requirements on risk-free bet 

If you win on a risk-free betting game, the following will usually happen: You get the bet amount back as cash with no wagering requirements, and you receive the net win as a bonus cash with wagering requirements. You can do the bet amount as you wish, while the net profit must be converted to a set minimum odds before you can withdraw the money.

Let's take an example:

You played a risk-free game of €100 with an odds of 1.80. Winning this match gives a total payout of €180. And guess what? You won! The deposit amount of €100 is thus paid back to you in cash. You can withdraw these immediately if you wish. In addition, you get the net gain, which in this case is €80, in bonus cash.

The bonus money must then be traded before you can withdraw it in cash. A typical wagering requirement for this type of winnings is 1-10 times the amount of the winnings. In addition, the money must usually be played to a minimum odds determined by the gaming company. Minimum odds of 1.5 – 1.8 are not uncommon. As long as you keep in mind the minimum odds when placing your bets, most betting companies have a tool that automatically keeps track of how much is left of your wagering requirement. Thus, it is only to continue the game until the wagering requirement is reached. The money that remains in your account after the turnover requirement has been completed will be converted into regular cash from which you can make withdrawals.

Always check the terms before playing

Since many risk-free games come with wagering requirements and minimum odds, it is important to check these things before you start playing. That way, you are sure to avoid mistakes when placing your risk-free bet. It is also worth noting that the terms of risk-free betting may vary from one betting company to another. Terms and conditions are usually clearly described under each current campaign. Should you still be in doubt about how a risk-free game works, it is always possible to contact customer service for further explanation.

Want to learn more about sports betting? Take a look at our comprehensive article on odds and sports betting.

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