Risk Free Bet All You Need to Know
Welcome bonuses have become a huge part of joining online casinos and sportsbooks nowadays, and one of the most interesting that you can expect to find is the risk free bet. In this article, we will explain everything that you will need to know about this bonus, and how you will be able to take advantage of one.
What Is A Risk Free Bet?
A risk free bet is a sought after welcome bonus to new customers because, in essence, it gives them a free swing on the first bet that they make. The offer will see customers make their first deposit before making their opening wager, and if the selection is unsuccessful, they will be given the stake back as a free bet.
Therefore, having this bonus will ensure that you will have two chances to gain returns on your first wager. While there are a number of no deposit bonus offers available, this remains one of the most popular amongst novice bettors. However, if your opening bet wins, then you will not receive the risk free bonus. Instead, you will be credited with the returns from the bet that you have made.
How To Get A Risk Free Bet
Another reason why a risk free bet is so popular with new customers is because they are very easy to claim. Typically, there will be no need to enter a promo code to take advantage, and the offer will immediately come into action when you make your first bet. Many of the top online sportsbooks offer this welcome bonus, and these are the steps that you will need to follow to take advantage:
- You will first need to sign up for an account, which will mean entering your full name, email address and home address.
- After this, you will need to verify your account by following an email sent to your address.
- Once your account has been verified, you will be able to add a payment method to add funds to your account.
- Select your preferred payment method, and determine the amount of money that you want to add to your account.
- After the funds have been added to your account, you will be able to make your first bet.
- Once you have placed your bet, you will need to wait until it is settled to find out whether you will get the risk free bonus.
- If your bet is a winner, you will get the returns. However, if your stake is lost, you will be credited with the risk free bonus cash.
Taking advantage of the risk free bet bonus is straightforward, but there will also be a number of terms and conditions that customers will need to follow to ensure that they aren't disappointed. These are some of the crucial terms and conditions that will likely be in operation with one of the best online sportsbooks that offer the welcome offer:
- Maximum stake for qualifying bet
- Only certain payment methods qualify
- New customers only
- Some sportsbooks may require a promo code
- Welcome offer only counts on first bet
Why Should I Take Advantage Of This Offer
There is no shortage of reasons why gamblers should take advantage of a risk free bonus. First and foremost, it will ensure that they will have an insurance on their first wager, which will ensure that they won't get off to a losing start. As we have mentioned, losing wagers will mean that the gambler will get their stake returned in bonus cash.
It is also one of the most straightforward welcome bonuses to understand, as you will know how to get the bonus cash. The bonus will be credited to the gambler's account in less than an hour after their qualifying wager has settled. Unlike other terms and conditions, those that come with this bonus are easier to follow, making sure that it is an ideal bonus for new customers who haven't joined a sportsbook before.
The bonus will also create an opportunity for gamblers to make a bet at higher odds on their opening deposit, as they will know that they will be able to get their stake back. This means it is a perfect bonus for gamblers looking to bet on sports, such as horse racing.
Conclusion
The leading sportsbooks offer a risk free bonus because it is one of the most unique promotions available to new customers. It will ensure that new customers will get an insurance on their first bet, as they will get their stake back on losing wagers. Furthermore, it is the best welcome bonus on the market for newcomers. It is straightforward to take advantage of and ensures that their first experience following their opening wager isn't a negative one.
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