Our Favourite Bookmaker Risk Free Offers at the moment are
Risk Free £20 first bet
New customers only, limited to one per person. If you’ve previously had a Paddy Power account, you will not qualify for the offer. Place your FIRST bet on any Sportsbook market and if it loses we will refund your stake in CASH. Max refund for this offer is £20. Only deposits made using Cards or Paypal will qualify for this promotion. T&Cs apply. Paddy's Rewards Club: Get a £10 free bet when you place 5x bets of £10+. T&Cs apply.
18+ | Terms and Conditions Apply | All Offers Verified As Of 22/6/18
In such a hugely competitive business, bookmakers fight it out to attract new customers to their ranks, as well as tempt experienced punters into betting with them. One way bookies do this is by offering risk free bets to get their sign-up numbers increased in the hope these bettors will enjoy a more thorough and exciting betting experience.
Bookmaker Risk Free Offers can be available on a wide range of sports and events. In the United Kingdom, football is the number one sport to bet on, but others like horse racing, cricket, darts and more are often subject to these promotional opportunities.
In this guide, we'll discuss which bookmakers consistently offer Risk Free Offers and those you should consider signing up with in order to protect your stakes and make profits.
What Are Bookmaker Risk Free Offers?
Risk Free Bets and Offers can encompass a wide range of bonus opportunities. With a variety of Money-Back Specials, Insurance bets and Sign Up deals, there are a number of options for bettors either signing up with a bookie for the first time, or as a reward for long-standing customers. For example, you will regularly find opportunities to place a bet on a specific sport or market for a certain stake, and if this bet loses you will get your stake back either as cash or in free bets.
There are variations on the bookmaker Risk Free Offer theme. Some may require you to 'opt-in' to the promotion, whilst others may request you enter a specified bonus code. However, whichever bookie you bet with, make sure you read the t's and c's and you could find yourself in a no-lose situation, in other words, you could be betting for free.
Important Points To Remember
All bookmaker Risk Free Offers will come with set conditions in order to qualify and to receive your offer. The following aspects are the first things you should look out for when taking advantage of a Risk Free Offer.
Most bookmaker Risk Free Offers will have attached either a minimum or a maximum stake. Make sure you know how much you need to place to qualify for the offer - under the minimum amount required and you won't get your stake back; over the maximum stake you may still qualify for the Risk Free Offer, but you will only be reimbursed to the amount of the stake specified.
On occasion, a Risk Free Bet will only be activated if you stake on a bet of a certain price. This is rare, but still a possibility so make sure that any minimum odds requirements are met.
Bookmaker Risk Free Offers are sometimes only available on particular markets. An example of this could be placing a bet on a First Goalscorer and if this bet loses you'll get your stake back. Make sure you know which market, not just the tournament or match, your Risk Free Offer is attached to.
If you take advantage of a bookmaker Risk Free Offer and you win, happy days! It sounds an obvious point but one that is still worth stating that if a bet wins you won't receive your stake back. That's ok though right, you've won your bet anyway! If you lose and get your stake back as a free bet, you can then use this on any other market (subject to the t's and c's of your particular offer). Note, though, that any winnings from your returned stake/free bet will consist of just the profit, i.e your 'stake' will not be returned.
Which UK Bookies should I follow for Bookmaker Risk Free Offers?
Risk Free Offers are becoming more prominent in online betting. Though most are aimed at new customers only, there are still opportunities for existing members of a particular bookmaker to join in too. With Risk Free Offers popular amongst bettors and interest in them prevalent, there are a good number of bookmakers who offer these deals regularly. We try to keep on top of them too, so coming back to this page is probably the best idea.
Terms and conditions of the bookmaker risk free offfers can vary wildly from bookie to bookie so it is always a good idea to keep a close eye on those before you register.
18+ | Terms and Conditions Apply | Screenshot 12/01/18
The range of Paddy Power Risk Free bet offers is simply astonishing. Offered on a huge range of sports and markets, Paddy Power risk free bets are available to new customers, though on occasion existing customers can also take advantage of these promotions.
Their bookmaker Risk Free bet promotions also cover their #whatoddspaddy markets, giving you even more choice when you're looking for the best bet.
18+ | Terms and Conditions Apply | Screenshot 8/1/18
BetRedKings offer a variety of bookmaker Risk Free bets on a regular basis. These promotions are available here for both new and existing customers throughout the year.
There is also a BetRedKings Welcome Offer available under their Risk Free umbrella. Terms and conditions vary, so make sure you know exactly how to qualify for your Risk Free bet before you place your stake.
Strategies For Bookmaker Risk Free Offers
Risk Free offers might sound appealing, knowing you could receive your stake back even if you lose, but betting is about making profit. There are a number of strategies you should consider when you're looking to take advantage of a bookmaker Risk Free bet.
Terms and Conditions
Before we even get started betting, make sure you adhere to all the t's and c's stated. There's little worse than thinking you're getting your account credited with a free bet or even returned cash only to discover you missed a vital point. Minimum and maximum stakes can apply, as well as a maximum returnable amount. For example, if an offer states the maximum amount that can be returned is £10, but you stake £20 you will only get £10 back, if anything at all.
Study The Fixture
As with all your betting, analysing the match or event you want to bet on is key to success. You will give yourself the best chance of making profit if you are sensible and research your bet thoroughly. Of course, a Risk Free bet can allow you to bet on more 'outlandish' odds, but there is no point in wasting your Risk Free opportunitiy on a frivolous bet.
Find Good Betting Tips
If you're looking for a bit of inspiration, finding the best betting tips can prove extremely helpful. Here at bettingexpert, we home to a community of tipsters who post thousands of sports predictions every week. Take a look at what our experts are predicting for the latest events here.
Bookmaker Risk Free Offers Frequently Asked Questions
What Markets Are Bookmaker Risk Free Offers Available On?
This completely depends on the bookmaker with whom you're betting. A bookie like Paddy Power can offer Risk Free bets on a huge range of sports and markets, whereas others a much smaller amount.
How Can I Qualify For A Risk Free Bet?
Again, this depends on who you're betting with. Terms and conditions can vary dramatically, so read the t's and c's associated with the offer carefully.
Are Bookmaker Risk Free Bets Only Open To New Customers?
Generally, bookmakers offer Risk Free bets to attract new clientele. However, on occasion a Risk Free bet can be made available to existing customers too, particularly on major events and tournaments, such as the World Cup Final or cricket's Ashes.
If I Lose My Risk Free Bet, How Is My Stake Returned?
Check the t's and c's of your particular offer. Typically, you have your stake returned as a free bet, usually to be spent on the sport with which your initial bet was placed on. However, on occasion you may receive your stake back as withdrawable cash.
If I Win My Risk Free Bet, Do I Get My Stake Back?
A bookmaker Risk Free bet can be considered as a 'normal' bet - place a stake on an event to occur and if you win, you make profit along with the return of your stake. Check the terms of your specific offer for clarification.