![]() If you made a bet with 500 dollars cash or site credit with odds -150 and won, it would pay out $833.50, but if you made that same bet with free bets you would only get $333.50….so obviously there is a huge difference.ĭespite this, both types of risk free bets can still be very profitable, especially in the US of A, where books are offering thousands of dollars in risk free bets. However, free bets are normally convertible to only 65%-75% of their face value. Site credit is only marginally worse: it is just cash that you must play through once. A ‘risk free bet’, on the other hand, is basically the sportsbook saying that if you lose your bet they’ll give you the amount you lost in either a) site credit or b) free bets.īoth options are worse than cash. Risk free implies that if you lose, the sportsbook will give you a full cash refund. ![]() In fact, it’s almost criminal that sportsbooks are calling it that. That being said, if this is your first time on the site, I would recommend checking my beginner’s guide first.Ī ‘risk-free’ bet is NOT exactly what it sounds like. Fanduel, Draftkings, Caesar’s, Betrivers, and Barstool all offer risk free bets as their sign up offer. Risk free bets are the most common Matched Betting intro offer in the US.
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