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.

Sports bet free bet no deposit