Risk Free Bet Bonus
  • Risk Free Bonus Betting
  • What is a Risk Free Bonus bet?
  • Best Betting Sites to get a Risk Free Bonus
  • Which Bookmakers Offer a Risk Free Bonus on Sports?
  • Which Betting Sites offer a Risk Free Bonus in the UK?

Risk Free Bonus Betting

The majority of betting sites offer some kind of free bet or welcome bonus offer for new customers looking to open an account with them. The risk-free bet is one of the most popular bonus types with punters, although finding them can be hard.

Here at FreeTips.com we’ve got all the information you need on the bookies in your country currently offering risk free bets!

Risk-free Bonus Betting Sites

Filter Apply
Apply Clear filters
Trending Now
Read Review

Rate it! (69)

Claim Visit Sportingbet

Sportingbet: In order to participate in this Promotion, an Eligible Player must place the necessary Eligible Bets for each respective Challenge during the Promotional Period. There are four Challenges, as follows: Acca Challenge; Football Challenge; In-Play Challenge; Casino Challenge;

What is a Risk Free Bonus bet?

Risk-free bets are massively popular with sports punters, but not a great number of betting sites are keen to offer this bonus type to new customers.

However, although harder to find than they once were, risk-free betting opportunities are still available, and using our comparison tool you can quickly find out about current risk-free offers on these pages.
A risk-free bet gives you the opportunity to place a real money bet knowing that should it lose, you will receive your stake back as a free bet. Usually to claim this type of offer, you need to deposit at a betting site and then place what is known as a qualifying bet. If that bet wins, then you’ll receive your winnings. If the bet loses, you’ll get the value of your bet (your stake) back as a free bet, thus eliminating any financial risk.

From time to time, betting sites may offer you your initial stake back in cash rather than in free bets should your qualifying bet fail to win, but it’s more likely to see the risk-free element of these offers being in the form of a free bet.

Bookmakers will usually attach a few terms and conditions to risk-free bets – the main one usually being a restriction on your qualifying stake (an example being ‘Bet £10, Get a £10 risk free bet).

An example of a risk-free bonus bet would be as follows:

Let’s say you join a new betting site and take them up on a risk-free offer, then wager £10 on Liverpool to beat Manchester City. If Liverpool win the match, then you’ll collect your winnings as usual. If Liverpool failed to win, then you’d receive a £10 free bet, or £10 in free bets (some betting sites may give you a £10 free bet to use in one go, others may let you spread the £10 across multiple bets).

The risk-free element of the process ends either when you have collected your winnings, or when you have had your stake returned to you. If your first bet was a loser and you received £10 in free bets, then any future bets you place are no longer “risk free”.

An extension of the risk-free bet offer is a no deposit bonus offer, although these are currently quite rare on sports betting sites. No deposit casino offers are, however, still regularly found.

Although risk-free bets are usually associated with joining a betting site as a new customer, some offers may only be available for a short period of time as a special promotion instead of a standard new customer offer. Should that happen, our bookie specials page will provide details of risk-free betting specials available today, with the page updated daily!

Best Betting Sites to get a Risk Free Bonus

Although most (if not all) of the best betting sites offer some kind of free bet or welcome bonus to new customers, only a small number offer risk-free betting.

A Risk Free Bet allows you to place a bet with your own funds and effectively insures your bet. If your bet wins, the bet will be settled and the winnings credited to your account as usual. Should the bet fail to win, you will receive your stake back (up to the stated amount of the risk-free bet), either as cash or as free bets.

Our comparison tables on this page are geo-targeted, allowing you to find the current risk-free betting offers available in your country. Our lists are regularly updated, so if you can’t see a risk free bet at betting sites where you live, check back regularly to find new betting sites and new free bet offers!

Which Bookmakers Offer a Risk Free Bonus on Sports?

Risk free bets can be found throughout the year, with betting sites offering the chance of a risk-free bet on big sporting events such as the Premier League, the Champions League or the Cheltenham Festival.
Betting sites are fully aware that big sporting events provide them with a great opportunity to get new customers betting with them, and at the same time, many of those potential punters know that such events are a potentially rewarding way of trying out a new betting site.

Being able to place a risk-free bet is a great way to try out a new bookie (best case scenario = your first bet wins and you’re in profit; worst case scenario = you get your stake back), and a number of bookies have risk-free bets available today.

The comparison tables on this page are designed to quickly and easily list the betting sites which have risk-free bets available to you today.

Our tables show a list of bookmakers with risk-free bet options on offer right now, with the list tailored to show you the betting sites available in your country.

Which Betting Sites offer a Risk Free Bonus in the UK?

If you live in the United Kingdom and are looking for a risk-free bet, we’ve got full details on the best free bet offers in the UK – including risk free betting opportunities.

All UK betting sites mentioned on this page are UK licensed and committed to responsible gambling.

Not all free bets are available to all punters, and some free bet offers are restricted to customers in particular countries. Our comparison tables on this page are designed to allow you to quickly find offers available at the betting sites available where you live.

The lists on this page show you the current risk-free bets available, but you can also find other bonus types as well by using the filters to change or modify your search.

Some risk free bet offers may appear as a short-term promotion rather than a standard welcome offer for new customers, and if that’s the case, we’ve got you covered as we’ll list them on our Bookmaker Specials page, which is updated daily.

Risk Free Bonus Bets FAQs

What is a risk-free bet?

A “risk free” bet is a type of free bet offered by online betting sites to new customers. It generally works by opening a new account with a bookmaker and placing a sports bet for the first time. If that first bet loses, the player will either receive their stake back as cash or be credited with a bonus bet to the same value of their first wager.

How do risk-free bets work?

Risk free bets allow you to get your stake back – either as cash but more often as a free bet – should your first bet with a bookmaker lose. These offers are usually for new customers and require you to place a bet using your own money.

What is a money back free bet?

A money back free bet gives you the opportunity to try out a new bookmaker and place a first bet knowing that if it loses, you’ll receive the stake back. If you join a new betting site and then deposit and place your first bet, you’ll either receive your winnings if the bet wins, or you’ll get your stake back if the bet loses.

How can I get free bets?

The majority of well-known betting sites offer some form of free bet when you join them. The amounts of money on offer can vary from bookie to bookie, as can the bonus type, but as a general rule, bookmakers will usually match either your first bet or your first deposit with a bonus bet of equal value. If you use them wisely, free bets can be a great way to boost your betting bankroll with a new online bookmaker. A full list of free bets and welcome offers, in addition to any bookmaker promotion codes, is available at Freetips.com.