Using risk-free bets is a great way to wager on sports and boost your return. The top online sportsbooks provide various promos that can help you reduce or eliminate risks significantly by adding extra value to the table.
We’re always monitoring the industry to find the best risk-free bet promotions online and update this post once a month. Keep reading for the latest risk-free and low-risk sports betting offers.
Best Risk-Free Bets Offers in January 2026 (Overview)
Our favorite risk-free bets range from weekly free bets to insurance on losing bets, and there’s even $250 in free bet credits (no strings attached) to boost your new bankroll. Explore how you can qualify and claim each one below.
| Promotion | Terms | Claim |
|---|---|---|
| BetOnline’s $250 Free Bets No Strings Attached Offer | • 50% up to $250 on your first deposit • Free bets expire in 30 days • Includes 100 free spins in the casino |
Claim Now |
| SportsBetting.ag NHL Power Play Payday & NFL To The House TD Bonus | • Bet on the NHL on Wednesday with at least $5 • If your team scores 2 power play goals, get double the winnings up to $100 • Bet on an NFL total for $10+ and win $25 if a kick is returned for a TD |
Claim Now |
| Everygame NHL Weekly Free Bets | • Wager at least $50 in any ice hockey competition in live single bets per week with minimum odds of -125 • Receive a $10 fee bet code via Everygame newsletter the following week |
Claim Now |
| Bovada Parlay Protection Insurance | • Make a parlay of 5+ selections in the NFL, NBA, NHL, MLB, and MMA • If just 1 leg loses, receive a refund for up to $100 • Minimum odds of -200 required per parlay leg |
Claim Now |
BetOnline's $250 No Strings Welcome Offer
BetOnline is serving up one of the best risk-free bet promos this winter for new players. All new customers can enjoy this No Strings Welcome Offer that gives a 50% free bet credit on your first deposit up to a max of $250.
The risk-free bet offer doesn’t end there. You’ll also receive 100 free spins in the BetOnline Casino for additional chances to win. This part of the offer gives 10 free spins per day for 10 days. Simply use promo code FREE250 and make a minimum deposit of $50 on your first deposit.
NBA & MMA Risk-Free Promos
BetOnline lets you enjoy even more risk-free bets in the NBA too, where moneyline bets that fall short by just 1 point, are refunded for up to $100.
In the UFC, the Split Decision Refund returns losing moneyline wagers of $5 or more made on select UFC main card pay-per-view events. Refunds are issued for up $250 should the bout come down to a split decision.
SportsBetting.ag NHL and NFL Promos
Power up your Wednesday hockey betting at SportsBetting.ag this season. Every Wednesday, make at least a $5 wager on NHL pre-game moneyline or puck line markets, and if your team scores 2+ power play goals, you’ll earn double your winnings in free bets for up to $100.
Looking for NFL free bets? Simply wager at least $10 on the game total, and if a player returns a kickoff or a punt for a touchdown, you’ll win $25 in the “To The House Touchdown Bonus” promo.
Everygame NHL Weekly Free Bets
Everygame is your destination for live hockey wagering if you want to cash-in on some bonus free bets.
Every week through February 1, 2026, if you wager a combined $50 on live hockey single bets, you’ll qualify for a $10 free bet the following week. Minimum odds of -125 are required and pre-game and parlay bets are not eligible.
Bovada Parlay Protection Insurance
We’ve all been there. Hunting for that big parlay payday and coming so close but losing on the final leg. Bovada is offering insurance on parlays with a minimum of five legs.
If your 5+ leg parlay falls short by one leg, Bovada will issue a bonus refund for up to $100.
There’s no better US online sportsbook to make your NBA, NHL, MLB, NFL and MMA parlays. In fact, your qualifying parlays can even include picks across multiple sports.
All parlay legs must be made pre-game, in the categories of spread, moneyline, or total, and have minimum odds of -200. Should any leg of your parlay result in a push, the promo becomes void.
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