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Best Risk Free and No Lose Betting Offers

The term “risk free bet” is an oxymoron but they do exist and they are great bonuses to claim when you see them offered.

This type of offer may also be known as a no risk, free bet, but they amount to the same thing.

With these offers, even the world’s biggest mush can’t lose. It’s an unbelievable but simple concept, and it’s no surprise than many players are eager to snap up their own no risk bet when they decide to join risk-free betting sites.

Learn how to place a bet at the bookies and, if it wins, then you collect your winnings. If your bet loses, then you are still a winner.

The sportsbook will refund you the original wager amount in the form of a sports bonus. It might sound too good to be true but it is absolutely true.

There is a chance that a risk free first bet deal such as this may come with wagering requirements (if you win), but so do almost all bonuses. We have a complete guide on “what is rollover in betting“, where we explain rollover requirements in detail.

More sportsbooks are offering these promotions to their customers and sports bettors love them. The ability to engage in a touch of no loss betting, really is as appealing as it sounds.

No lose betting is offered at many sites and you can find these offers by checking out Gamblingjudge’s promotions section.

Our page offers a wealth of free first bet options, risk free bet bonuses, reload offers UK and promotes betting sites with free signup bonus deals, too. If you fancy a spot of no loss betting, GamblingJudge is for you.

However, you can also check some of our top 100 bookmakers and choose a betting site to see if they are currently offering one of these jaw-dropping bonuses. The odds are high that they will have risk free bet offers aplenty for you to take advantage of.

Best Risk Free Bets Offers:

Rating 9.98 out of 10


Any customer can insure their bet in full or in part.
Insurance is a paid-for service. The cost of insurance depends on the current odds of the event to be insured.
Rating 9.97 out of 10


Any customer can insure their bet in full or in part.
Insurance is a paid-for service. The cost of insurance depends on the current odds of the event to be insured.
Rating 9.97 out of 10


Place any single pre-match/live bet.
If it loses, you will receive a bonus equal to your lost stake!
Rating 9.96 out of 10


Collect accumulator from 7 events with a coefficient 1,7 or higher for each one.
If one event doesn't win, you will get in return the bet amount in the form of a freebet.
Rating 9.96 out of 10


Not sure about the latest accumulator event or about the outcome on the whole?
Use the bet buyback and get the money immediately!
Rating 9.96 out of 10


You can insure any bet of the single or accumulator type.
If the bet wins, all the winnings are yours.
If the bet loses, you will instantly receive the insured amount to your account.
Rating 9.96 out of 10


Place a bet with odds equal or bigger than 5.00.
If you win, we'll credit you with €5 free bet up to once a day, every day.
Rating 9.96 out of 10


This Sports Promotion is available to new and select customers that never deposited funds.
Place a min €5 bet with minimum odds of 1.5.
Get your account credited with €20 (4 x €5) free bet vouchers.
Rating 9.93 out of 10


Available for new customers only.
Make a minimum deposit of €10 and wager the full deposit amount on an event with odds of at least 1.50.
Receive €30 as a Free Bet.
Rating 9.92 out of 10


Place a $10 live bet during Monday.
If your live bet fails to win, send an e-mail to with your bet ID.
You will have your stake credited back to your account within 24 hours!
Rating 9.90 out of 10


Place a bet on the advertised Evening All Weather race.
If your horse finishes 2nd or 3rd to the SP Favorite get back your stake as a Free Bet up to £25 per race (min. stakes of £1 or currency equivalent).
Rating 9.55 out of 10


Deposit £10 or more .
Place a sport bet of up to £10.
If the bet is lost, you’ll get up to £10 back as a FreeBet.

How Do Risk Free Betting Offers Work?

A good example of betting risk free is William Hill’s sign up free bet. When a sports bettor opens an account with them and bets on a horse race, they will get up to £25 back if their horse finishes second or third. While this first bet free offer is tasty, there are plenty of other no lose betting promos for you to take advantage of, and not all of them are related to horse racing.

Sports bettors who like the idea of betting without risk can also sign up with Sportingbet and take advantage of their £10 money-back guarantee wager. Just like with William Hill, the Sportingbet  money back betting offers will be activated only if you open a betting account and make a deposit.

This time, though, you can use your risk free first bet deal to wager on any sport at the site. If you don’t win with this risk-free gambling offer, then you’ll get your money back as a free bet.

There are plenty of top sites offering a free bet if you lose. GamblingJudge also recommends Luckybet, Intertops, BetVictor and other domains. The types of risk free bet offers which are available vary from site to site. Don’t hesitate to check out many of our reviews to find your ideal risk free betting domain.

How To Place No Risk Bets

When you qualify for one of these promos, punters need to know how they can put them into action. Some bookmakers offer these promos on select events. In some cases of live play wagers, sports bettors are limited to a single event with their no lose bet. Fortunately for action junkies, international gambling companies usually offer many live-play options to choose from, allowing players to maximize their risk free bet strategy options.

These money-back wagers allow bettors to go for high payout bets such as exact scores and other such long-shot propositions or even accumulators, like draw no bet accumulators for example. Start low first with the double bet. Of, course, some bettors might choose to hedge a wager or play a safer bet. It depends on the person placing the bet, as well as the types of no risk bet deals available. It also helps to know the bookmaker withdrawal limits before placing the bet.

Other times, an online bookmaker will allow the customer to wager on the game of their choice without restrictions on odds. A punter will simply choose their play and place their action.

Whichever option you choose to go with, you’re looking at a free bet if you lose. It couldn’t be easier.

How to Best Use No-lose Wagers

There is no guaranteed no-lose betting strategy you can use online. However, there are things you can do when you place a no risk, free bet to ensure that you stand a decent chance of success. Placing smart no-lose bets when you visit risk free betting sites is about as close to a no-lose betting strategy as you’re going to get, so let’s look at how it is done next.

There is no doubt that these promotions are the perfect opportunity to go after a big score. Many punters use these opportunities to place wagers on high-odds outcomes. It is the best time to take a flyer on a big underdog and save the “safe bet” or risk bet for another time.

This way, a winning bet has a really healthy return. Seasoned sports bettors know that there is a great sense of satisfaction when they hit a long-shot. Sports bettors who are apprehensive of playing big odds can feel much more at ease when they know that they won’t lose anything.

Still, more conservative players might not want to deviate from their regular betting patterns even if they have “bet insurance”. This is especially true when you have a plan or a betting system.

If you are taking the advice of tipsters, for instance, you’re going to want to ensure that your risk free bet strategy fits in with other bets you may be making. Just because we’re talking about no lose bets doesn’t mean you have to be careless. Just make sure not to take absolutely all risk free bonus offers so that you seem a casual bettor and not raise suspicions. Not all bookmakers are happy with players betting only with bonus money, so you’d better choose bookies that don’t limit accounts based on this.

There are many resources available that explain various strategies for placing no risk bets. In the end, it is up to each individual punter to make their own choice. They just need to keep in mind that there is only an upside to these sign up bonuses.

Mobile Risk Free Wagers

Times have certainly changed. Several years ago, sports bettors would need to meet with their bookies or call them at certain hours to place a bet or settle up. There certainly weren’t any no loss betting options in those days.

Then along came the internet and punters could place wagers at any time as they sat behind their computer screens. The days of no risk betting had begun. Now it’s even easier.

With mobile apps, punters can place their wagers no matter where they are. Standing in line at the supermarket, out for a morning jog, or even when they are wining and dining that special someone, punters can use their mobile apps to place a bet in mere seconds. Of course, sportsbooks love that it is so easy. This means an increase in action which directly converts into more profits.

This is why sportsbooks are urging their customers to bet via their mobile devices. They also can make deposits to online bookmakers via their phone. At Boku betting sites you can make deposits via Boku and then the amount is added to your phone bill. It is just that easy to bet using phone bill. One of the incentives that top sportsbooks such as Bwin offer is a no-lose bet up to £10 for placing their first bet using a mobile device. Again, it doesn’t matter if you win or lose, this is a no risk bet.

Just like the other offers, if the punter wins then they are credited their winnings as per usual. If the punter loses then the bet amount, up to £10, will be refunded the following work day. The same promotion is also offered by Favbet, as well as many other leading domains which provide no lose betting options.

Other Points to Ponder

Although risk free online betting is a great thing to take advantage of, there are occasions when a risk free first bet at a casino, or a risk-free sports bet comes with conditions.

Punters need to keep in mind that money-back bets are promotions and as such are often tied to certain requirements. The importance of understanding the terms and conditions of these offers cannot be overstated.

While the biggest betting companies make their money-back bet refunds immediately cashable, some online bookmakers treat them as any other bonus and put restrictions on them such as rollovers.

A typical no lose bet, for instance, may be refunded to you as bonus cash. This means that it will likely need to be wagered a certain number of times before it can be withdrawn. This is standard practice in the internet betting world.

Make sure you understand what the requirements are before you use any bonus. This is especially true when the promotion requires you to put your own money into action.

Now you know a thing or two about no lose betting systems, and where to find casinos and sportsbooks which offer betting where you can’t lose. Perhaps it is time to peruse our array of top sites to find somewhere where you can put your risk-free betting system to good use? Our page is laden with top sites which fit the bill.

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