How to Bet Without Risking Money

There are two strategies which you can use to reduce risk when betting online using bookmakers. Most of the bookmakers these days will also provide a free bet upon signing up with them which comes with a “risk-free” offer attached to them. These two strategies are ways that you can use to extract that all important free bet money but there are some differences amongst the terms and conditions from one bookmaker to another so it is always a good idea to check these beforehand.

How do ‘risk-free’ bets work?

The reason online bookmakers offer risk-free bets is to attract new customers to sign-up and place their bets with them on their platform. In order to receive the bonus bet, usually a qualifying bet must be placed and usually the value of the qualifying stake will be awarded as a bonus free bet. Bookmakers also have offers on matching first deposits on their platform too and in this case, that amount will have to be played through or wagered a number of times before you receive the matched bonus amount as free bet money. One way to guarantee the free bet bonus money is to use a technique such as matched betting or arbitrage betting. Both require a bet on either side of a sports event outcome, where the odds are similar and so that no matter what the outcome is, you will have played through the qualifying bet with as little risk as possible and still in profit thanks to the newly rewarded free bet bonus money.

Predicting the winners of Euro 2020

Online bookmakers use a wide variety of terminology when defining their risk-free bet offers. It’s important to pay close attention to the small print before committing your funds and often bonus free bets have an expiration date, so if you don't use them, you could lose them.

Researching free bets is what the experts over at freebets.com are relentlessly doing. Updating their comprehensive list of free bets from major bookmakers.

Predicting the winners of Euro 2020 is a tough task given the amount of upsets already in the tournament. England are now the new favorites to win Euro 2020 after beating rivals Germany in the round of 16 and setting up a quarter-final against Ukraine and many predict England will progress now to the final at least. With a page dedicated to Euro 2020 betting offers and promotions, you can check out the latest offers, free bets, free bets no deposits with the latest odds following a crazy round of 16 which included the elimination of world champions France, holders Portugal, Germany, the Netherlands and Croatia.

Issues with arbitrage betting

There are however, like with most free promotions or offers, certain variables that can take place which cause potential pitfalls that affect the total profits slightly. The differences in the odds when taking one bet and betting against that bet on the other side of that outcome can
be marginal but still can eat away at the profits. In order to get the best odds possible and as close to each other as possible, you must constantly scan very quickly multiple bookmakers websites or use another website such as oddschecker.com to compare odds across the many bookmakers out there.

Then working out the difference, before deciding whether or not to take that bet is often where mistakes occur at this point, which can potentially lead to a loss of profit from the bonus money. Practicing betting and researching thoroughly over time can be very rewarding however arb situations are becoming more difficult to source but the opportunities are out there and still represent the safest form of betting without risk.