Make Money Online Betting Without Risk

It’s no surprise that only the most experienced sports betting enthusiast has an opportunity to make a profit against the house in the long term. However, for the rest of us, there are more than enough chances to turn the odds in our favor in the short term.

• Make Money Betting Sports
• No Risk Betting
• Make Money Betting Online

Make Money Online Betting Without Risk So, this website is about how I Make Money Online Betting. I started this website after experiencing some online betting for myself. In order to make the most amount of money from matched betting, you’ll need to have a pretty good schedule in place. A lot of people ask me what my typical day looks like, but I’ll say this: Following.

The easiest way to achieve this is to take advantage of the free sports bets and other no deposit offers and bonuses available to new sportsbook players.

Most regulated online sportsbooks have free money offers that are custom made for new players to place the odds in their favor temporarily.

With more sports betting sites coming online every day, you should understand the potential of the bonuses available to you.

Whether you want to find a bonus or promo code to claim one of these offers, or you are combing the fine print to understand the playthrough requirements, we at PlayUSA have you covered with our comprehensive guide to bonuses available at online sportsbooks.

Top online sportsbooks with Free bets

How free bets work

Free bets sound too good to be true. Do sports betting sites really offer free money to their players? The simple answer is yes.

A free bet as an opportunity to place a wager without any risk, and receive a payout on the net winnings if you have a winning bet.

The main difference between a regular bet and a free bet is that you don’t need to contribute the stake when it comes to a free bet. Therefore, you won’t receive the stake as a refund along with your winnings if you have a winning bet.

There’s nearly an infinite supply of free bets available at reputable online sportsbooks. The easiest way to claim a free bet is to register for a new account with an online bookmaker. Reputable sports betting sites utilize free sports bets to encourage fans to register a new account and eventually make a deposit.

Online sportsbooks hope that by giving you something for free up front, you will continue placing bets on their site. This explains why you need to sign up for a new account and register a valid payment method before you receive your free bet.

How to claim the offer

To claim a free bet offer, most sports betting websites require a bonus or promocode.

Alternatively, you will need to make a minimum deposit before the free bet offer is credited to your account. However, the use of a bonus or promo code is one of the most popular methods utilized by online sportsbooks.

Should an online bookmaker require a code, you will need to provide it during the registration process or when you make your initial deposit. This process all depends on the nature of the bonus you wish to claim.

The promo code field is usually on the deposit or registration page. Once you locate the box, you enter the promo code that is associated with the free bet offer or deposit bonus before completing the registration or deposit. The bonus will then be credited automatically after that.

If you are on a sports betting site that doesn’t require a promo or bonus code, you need to gloss over the promo code field that is usually optional.

Please take note that you’ll still need to opt-in for the free bet or deposit offer to receive the bonus. This rule usually entails clicking on the “Deposit Now” or “Opt-In” button on the bonus or promotional page.

A promo or bonus code is essentially a coupon. However, instead of offering a discount on your purchased goods, it allows you to receive a better bang for your buck.

There’s plenty of online sportsbooks that offer unique promo codes. However, because we create our exclusive promo codes that are more generous when compared to the public offerings, we highly recommend that you shop with us first.

Types of free bet bonuses

You can treat yourself to a variety of free bet bonuses and promotions at some of the best sports betting sites in the industry.

To help you differentiate the types of free bet bonuses at reputable online sportsbooks, we will cover some free bet offers.

Risk-free bets

Risk-free bets can be an excellent foundation of matched betting profit. This type of free bet will allow you to place a bet knowing if you lose, you’ll receive the money back in the form of a free bet, cash prize or even a bonus.

However, a risk-free bet will require you first to make a deposit and place a bet with your money before a risk-free bet will come into effect. For instance, most sports betting sites will offer a $10 risk-free bet promotion. However, you will first need to wager $10 of your money. Also, your bet needs to be on minimum odds of 2.00 or higher.

Should you lose your $10 bet, you will receive $10 as a bonus back into your account only if you meet the wagering requirements. The bonus amount you receive must then roll over a couple of time at 2.00 odds of higher before you can withdrawal it.

Free bets

Alongside deposit bonuses, free bets are the most popular form of bonuses in the online betting industry, especially to new players.

Free bets can be seen as wagers you can make on the house’s expense. As a rule of thumb, you can only withdraw the winnings made from a free bet, and will not be able to cash in the free bet amount as well.

You can spend your free bets in an assortment of betting types. For instance, you can use your free bet amount to place a moneyline favorite during an NHL match, or you can use your free bet on a four-leg parlay if you want to take a risk. Either way, there’s nothing to lose.

Free bets can come in a variety of shapes and sizes to accommodate all betting preferences. These include:

Match bet offers

A match bet offer can also be regarded as a risk-free bet. It’s a smart way to promote a risk-free bet.

You will need to wager your hard-earned money before a match bet offer will take effect. Should you lose your first chance, the online sportsbook will credit your account with the same amount your wagered, up to a certain percentage.

Most online sportsbooks usually promote a match bet offer of 100% of up to $500.

Free bet no deposit offer

No deposit free bets are free at most online betting sites. As an entirely free bet, there will be no need to make a deposit to claim the no deposit free bet.

It should come as no surprise that a no deposit free bet amount is usually minimal. For instance, most online sportsbooks will offer a no deposit free bet that ranges from $5 up to a maximum of $10.

Should you win with a no deposit free bet, please note that you won’t be able to cash in your winning immediately either. You will need to wager your winnings 10-15x to meet playthrough requirements.

Deposit match bonus offer

At an online sportsbook, a deposit match bonus mainly works the same way as a deposit bonus at an online casino.

Once you register for a new account and make a deposit, the online sportsbook will match your deposit, usually up to 100%. However, instead of the unachievable 40x wagering requirements at online casinos, sports betting sites will typically feature an easier way to meet playthrough requirements on the deposit match free bet offer.

Most online sportsbooks’ playthrough requirements are only one time. That is fantastic if you want a bonus with feasible wagering requirements that will allow you to cash out in a short time.

Advantages of free bets

The best advantage to claiming free bets at online sportsbooks is you’ll be able to test drive the sportsbook to ensure it’s smooth and reliable before making your initial deposit. You will also discover which sporting events and betting types are available on the sports betting site.

Apart from not having to spend your hard-earned money first, another advantage is you can place a bet absolutely risk-free. Furthermore, even if you do have to spend your money first, you can still be awarded a risk-free bet should you lose.

Last but not least, another advantage is you can prolong your betting experience by increasing your bankroll. Essentially, this allows you to make more bets than usual, which could lead to being more profitable.

Disadvantages of free bets

Although there are several reasons to take advantage of free bets at online sportsbooks, they do come with a handful of disadvantages as well.

For instance, most of the free bets have various terms and conditions that you must meet before you can cash in on your account. These terms and conditions are usually difficult to reach and will cause headaches if you wish to use them to profit on your account.

Apart from the terms and conditions, you will also notice that free bets offer little value or the amount you’ll receive in your account. Most free bet offers tend to range between $5-$10 as a no deposit free bet. If you find a higher offer, you will usually need to make a deposit first to receive the free bet credits in your account.

Make Money Betting Sports

Also, most free bet offers come with restrictions that we’ll discuss in-depth.

Restrictions

Every sportsbook promotion, whether it’s a no deposit free bet or a deposit bonus, will have a variety of restrictions you will need to know before you claim the offer.

Unfortunately, this means you will need to comb through the terms and conditions to find out what you can and cannot do with your bonus.

Fortunately, here is the list of typical restrictions to make your free betting life easier on you:

No splitting: Most of the free bet offers at sports betting sites cannot be split in any way. For instance, should you receive a $20 free bet, you will only be able to make a single bet of $20. Also, you are limited to one betting market.

Restricted odds: Free bets are also restricted by odds. Essentially, this means you will need to look for specific odds for your free bet to qualify. Even the best free bet offers require you to place a wager on odds no lower than 1.5 to meet the requirements.

Maximum win: Most free bet offers have restrictions on the amount you can cash in. For instance, a no deposit free bet offer will have a cap of around $200 that you can cash-in once you meet the playthrough requirements.

Time-sensitive: Most free bet offers will be available for a limited time. Once you register for a new account and claim the promotion, it may only be available for seven days before it expires.

Have you ever heard about the best no risk matched betting sites? What makes them a better choice for the gamblers? A lot of online bookies offer a welcome bonus, typically a free bet, as a promotion to entice you to create an account with them. Usually, this requires an initial bet with your money to obtain the bonus, but if you use a betting exchange like Smarkets or Betfair, you can remove the risk of losing your money and extract the free bet to make a profit. Continue reading to find out which are the best no risk matched betting sites.

Quick Navigation

This is done by using a technique called matched betting, by betting on an event at a bookie, and laying the same event at an exchange to extract free bets and guarantee yourself a profit.

Our matched betting guide section a comprehensive step by step tutorial on how to use this technique and make more than £1,500 without almost any efforts. The best part is that it is free.

Process:

1. Create an account with a betting exchange.
2. Create an account with a bookie.
3. Lay a bet with the exchange and place one with the bookmakers
4. Receive free bet
5. Lay the bet on the exchange and place the free wager with the bookie

Do you want to know more? Read our matched betting guide to learn the involved method and how to get started. You should get in touch, if you have any questions.

Matched Betting Sites UK 2021

* T&C’s apply.

Is Matched Betting a Scam?

It is normal to be sceptical when you first hear about matched betting. We felt the exact same way when we started out. And it is easy to see why people think that it is a scam. Risk-free money? Pfft… no way. When we were kids, they taught us that if something is too good to be true, it probably is.

So where is the catch? There must be one, right? This is exactly what I thought before I started matched betting, and it is what every person like you has at one point thought. Continue reading to find out if it really is too good to be true and to see matched betting explained.

How Does Online Matched Betting Work?

It was not that long ago when we thought that matched betting was a complete and utter scam. All our friends and family members thought so too. Actually, some of my own family, mostly the elder ones, still think that it is a scam, even after I have shown them my profits. Sometimes, the elders can be quite funny, one of them thinks that I am involved in matched fixing scams.

I learned about matched betting when I was looking how to make extra funds online, which is something that I would do for many years. Back then I worked the typical 9 to 5 job, and I wanted to save a bit on the side and improve the quality of my life.

I did not know that I would stumble across something like this, that would earn me over 1k pounds tax-free, risk-free every month, with only one hour per day on my laptop.

How Much is Matched Betting Worth per Month?

£1k per month is the equivalent to get a 15k annual pay rise if we assume that you fall under the 20% tax bracket like the mass of the population.

However, if you have a high-paying job which is taxed at the 40% rate, 1k per month is the equivalent to a 20k annual pay rise. Moreover, this is when you earn only 1k per month. During my best month, I managed to win more than 3k in profit from matched betting.

I was sure that matched betting is a con when I first heard of it. I thought about trying a free trial, but I just never got round to do it.

Several of my friends were quite interested, and they eventually took the bait. After one week, they showed me their profits, so I had to try it right away. Since my friends and official sources like the Telegraph vouched for it, it was my turn to try it out.

When William Hill’s spokesman Graham Sharpe spoke about matched betting, he stated that there is nothing illegal about it since it is a free bet and we can do whatever we want with it. By free bet, he means that matched betting uses the free wager provided by bookies to guarantee you a profit. Like most people, we don’t believe in gambling since we have had horrible experiences in the past with it. Gamblers lose most of the time, however, matched bettors always win.

Proof that Matched Betting is not a Scam

You will have to check out our whole site to learn how to do this process correctly, but the fundamentals are easy. You place two bets, one against and one for the same team, making sure that you qualify for a free bet without losing any money as you are not able to lose on this qualifying wager. Since you have backed the same team and wagered against them at the same time, you will break even no matter if they win or lose. This includes drawn matches.

Once you get your free bet, you use it again to gain a profit. If it sounds straightforward, well, it is. It is not only simple and not a scam but tax-free and legal.

What is the Catch?

There is only one catch. If you abuse your promotions you will no longer get free bets. This process is called being gubbed. However, do not worry, as the bookie will tell you this in advance, so you will not lose any money when this happens.

Fortunately, as it was previously proved with the quote from the William Hill spokesman, the gambling industry does not have an issue with matched betting. Bookies get annoyed when you take too much value from them. Abusing a vast amount of free bets with no funds going back to them.

There is an easy technique involved referred to as mug betting that allows you to keep free bets streaming in without being banned from promotions, and it also keeps the bookies happy. These bets are also completely risk-free.

The Best Matched Betting Sites

Which is the best matched betting site? We want to settle the debate once and for all, with this in-depth and comprehensive matched betting site comparison. In fact, we are fairly confident that this is the most in-depth comparison of the topic that you will find anywhere. Continue reading to find out what we think about the best free matched betting websites and the best paid ones as well.

There are a lot of other sites out there that are looking to try and break into our lists, but we think that there are not a lot of sites that are currently worth mentioning. This is usually due to a lack of betting features and products when we compared them to the sites listed below.

We firmly think that these sites are the best no risk match betting ones for 2020, but if you have any suggestions about a better alternative, contact us. We will look at every single site that you guys mention, but we cannot guarantee that we will publish your comment since we get a lot of self-promotion. Unfortunately, this is how this competitive industry works. Continue reading for more detailed thoughts on every site on our list.

Best-Paid Matched Betting Websites

We have split this section into two clear sub-sections for you. First, we will start with the best-paid sites. In these no risk match betting sites uk, you can pay a small monthly subscription. However, the profit levels are usually much higher for users than on the free match betting sites.

Oddsmonkey

This is our first recommendation. We think that they offer exceptional value for your money as well as a top service overall. This is definitely one of the top matched betting websites for beginners thanks to their very simple tutorial videos and guides.

They even have a large range of tools that are very useful for helping you make money, but it is not just that sole reason that makes them our favourite. They seem to have a tool for everything. From making the most of the football games, horse refunds, accas, tennis games and more.

Moreover, we believe that more additions are in the works as well, so you should watch out for those. It takes most of the people only one completed offer to make their subscription fee of £15 back, which is approximately 5 minutes. These funds include the access to the forum as well as all of their tools. There are no add-on costs with their site, and their service is nothing less than phenomenal. This is why we are certain that they are the very best at what they do.

Profit Accumulator

Profit Accumulator currently costs £17.99 per month. However, we have been quite disappointed with their services in the past for many reasons, which is why we do not recommend them to our readers.

Profit Maximiser

While this was not the original service on the market, this was the product that took no risk betting to the spotlight. Since amazing offers are being posted every single day, Profit Maximiser is an actual competitor for the crown of the best matched betting website. We do believe that Oddsmonkey is the better choice for your typical offer needs, we give Profit Maximiser the edge when it comes to making profits on casino games.

If you think that you would rather spend your time making money on lucrative and higher-risk slots, then Profit Maximiser is the perfect choice for you. We are obviously subscribed to both of the websites to make sure that we have a decent income from both casinos and bookmakers.

The Profit Maximiser forums run through Facebook. Thus, if you’d rather use the social networking platform to discuss strategies and stay on top of their offers, then it is an excellent choice for you. You can try them out for a fortnight for £1 or purchase a year of access for £99.

The downside of the site is that it looks very messy like a scam, but it is definitely not. If you are brand new to this, before you move to Profit Maximiser, you will need their other product referred to as Bonus Bagging. If you want to make money, instead of just a fancy site, then we advise you to give PM a chance. They might not have the range of other products for further enhancement of your profit-making capabilities from a variety of sources, even though these will cost you more.

Profit Squad

This is another option for £15 per month, but the annual price is £99, which is a huge discount if you decide to pay that way. The site is really clean and they have a very handy bet tracking feature which means that you will not need a spreadsheet to track your wagers. Everything is automated, it monitors your open bets and calculates your profits.

Another thing that is very popular on Profit Squad is Dutching, it is an alternate method to laying and backing. They have downloadable calculators that allow you to profit from any offer, you can even do matched betting without free bets. This strategy is unique to their site, which means that if you are looking to do something a tad different, this is what we would recommend you to do. However, we cannot reveal too much about their dutching since it is their core USP and has to be kept secret.

MatchedBets

This site aims to provide you with a personalised service at a very fair price. It starts at £14 per month, and £140 per year, which makes it the cheapest option on the list. Each offer has concise and clear tutorials with enough video walkthroughs to help you with the various types of offers.

We love that this site is great for newbies, they offer help through live chat that is available between 8 am and 8:30 pm. This is definitely something that we have not seen the competitors offer.

Their forum is also unique when compared to the other paid sites. It is open to everyone who want to join. This means that you can get a feel for the community right away and discuss your offers with other users who are just starting out as well. Premium users get access to the rest of the forum to talk about offers which are a secret kept only for paying customers.

The tools work equally well on mobile as they do on PC and they have features that are sure to be appreciated by people who spend fair amounts of time doing this. The integrated calculator and odds matcher both update the liquidity and odds on exchanges with alerts which allow you to make a change with a single click. And all of this in real time! This feature saves a lot of frustration and time over the course of the week. The calculator has 9 pre-set options to calculate balanced profits for various types of offers like allowing for bonuses that are paid in cash or free bets.

Bet tracking software is integrated into the calculator, this means that you can log your wagers and update your profits with only a few clicks as you complete every offer. You do not have to maintain your personal spreadsheet since it is all done for you. Matched bets are not limited to betting offers, as it also features bingo and casino offers. But they do concentrate on risk-free bonuses and loopholes with the best potential profit.

Best Free Matched Betting Sites

We do not recommend the use of free matched sites because of the risk of being gubbed as well as the smaller amount of profits that you can realistically achieve. Since thousands of users will jump on the same bets as you, your account will be grouped with the rest of the bonus hunters by the bookies.

When using free sites, the average our readers won was £300 per month. With paid sites, the average rose to over £1,000 per month. This is almost 4x the difference in profit for a small investment in the paid subscription.

For anyone who does not have a maths brain, this is an annual difference of over 8k pounds. All of this is because of the paid services and tools that paid subscriptions offer. We do recommend paid sites for exclusive offers, as well as significantly higher monthly profits and better tools, but we have still rounded up the best free sites for matched betting in the section below.

Matched Betting Blog

This is currently one of the busiest free matched betting sites. They are quite effective at teaching the basics to beginners and posting daily reload offers, similar to what we do our best to achieve here at NoRiskMatchedBetting. We recommend this site to people who want to spend less than an hour per week on matched betting as well as to the ones who do not want to make the jump to bigger money yet.

They tend to jump on every offer that is available to the public every day. However, this can lead to restrictions on your account. You have to remember that it is very dangerous for your account to exploit offers without giving value back to the bookmaker. You should give as much value back as you can though mug betting. Currently, this site is also promoting Oddsmonkey.

As far as matched betting websites go, particularly free ones, we would say that this option is the best around, specifically considering it is a one-man operation. If we were only looking at the free sites, they would probably be rated 5 stars. But, we have to compare the paid options as well as the level of profit that can be achieved with those websites.

Money Saving Expert Forum

We are not fans of repeating ourselves too much, but for the same reasons as the ones explained above, we do not recommend this site for prospective matched punters.

If you really want to make money than these sites simply will not cut the mustard. This is concerning long-term profits and account health. These tools are not available on any site to fully optimise your efficiency and income. If you only want to make between 100 and 200 pounds per month, then the MSE sites are fine for you.

Conclusion

As we already mentioned our favourite website in the industry of sposts betting is Oddsmonkey. However, if you are a casino fan – try out Profit Maximiser. We do not advise you to use free matched betting websites for these reasons:

• You do not get access to the tools that help you make the big sums.
• The information is public, which means that every offer or bet will probably be placed by thousands of people at a minimum on the same odds.
• It will not take a long time until you get shut down, when you are completing the same offers as thousands of others, at the exact same time as well.

Matched Betting FAQ

Read more information that can help you win a matched bet:

• What is matched betting?

• A lot of bookies offer free bets like bet £20 to get a £20 free bet as a welcome incentive when you one an account, to encourage you to play on their websites during events like the FA Cup Finals.

  It is absolutely possible to use these free bets to make money without any risks. This is considered to be matched betting, which is a technique involved in laying and backing an event in order to win no matter what the outcome turns out to be.

• How much money can I make from matched betting?

• Somewhere between 1k and 2k per month. However, you can make more from bookmakers offers as well as the welcome bonus. All of it depends on the amount of time you take to match wagers as well as bonus amounts. Currently, there are free bet offers all of the time. This means that there is more free money.

No Risk Betting

• Can I make money from matched betting?

• As long as you are over 18, you can grasp the fundamentals of matched betting and take some time off to complete the offers.

• Are there risks?

• Yes. However, there is only one, and it is human error. All you have to do is take your time and double check the wager you place, then there should be no risk.

• Is it legal?

• Of course it is. You are just taking advantage of welcome offers that are made by bookmakers who hope that you will continue using their services.

• Will online gambling affect my credit score?

• Most of the bookmakers do not perform a credit check, so it will not. However, some spread gambling firms might perform a credit check to make sure that you have thoroughly read the T&C’s of every account you open.

Make Money Betting Online

• Is there a difference between a stake returned and a no stake returned bet?

• A returned stake free bet is the same as placing a wager with your personal money. The bet amount is returned with your winnings (if you have any). The no stake returned means that the stake amount is not returned with your winnings. The type of bet that the bookie offers you will change the way you bet.

• What is laying?

• Laying a wager is when you become the bookmaker. This happens at betting exchanges and is explained in detail in our guide section.

• Which is the best sport to use?

• Football is quite easy to use, mostly because we know about the sport. Football also has the extra benefit of being a popular sport for gambling, which makes it much easier to matched bet on. Our next choices are sports with only two outcomes like tennis. However, betting exchanges and bookmakers have various rules that might make things more difficult.

Related Information

1. Bookie in Plea to Gambling Commission (Take Part in Matched-Betting Activity)
2. Man hits RM33m Jackpot with RM6 bet (Magnum 4D Jackpot 1st Prize Winner)