best risk free matched betting sites 2024

Lay £8.70 against Mildenberger 6.60 = Potential liability of £48.72

This is a reload offer targeting existing customers. I’ll walk you through a risk-free bet offer run by Coral. Don’t worry all will become clear in the following example. Instead of placing a straight back and lay, you need to overlay slightly. The strategy is similar to a ‘Bet X, Get Y’ type offer, only with a slight tweak. However, if your refund is in the form of a free bet or bonus, you’ll need to convert your free bet into cash or complete the bonus wagering requirements.Įither way, you’ll have some cash back in your pocket, and it’s that that enables you to make fixed profits from this type of offer. If the refund is paid in cash, there’s nothing more to do. When you place a risk-free bet and it loses, the bookmaker will credit you a refund. Take your time when placing bets to avoid human error, and always bet responsibly. Risk-free bets are ‘risk-free’ in terms of the mathematical process we use when matched betting.

Best risk free matched betting sites 2024