Free Bet Promos at Online Sportsbooks: Best Risk-Free Bet Offers
Using risk-free bets is a great way to wager on sports and boost your return. The top online sportsbooks provide various free bet promos that can help you reduce risk significantly by adding extra value to your account. We monitor the industry to find the best risk-free bet promotions online, and off our own $20 free bet offer by following the links below. Read on for the latest risk-free and free sports betting offers for June, 2026.
Earn $30 in Free Bet Credits with The Sports Geek
We’ve partnered with the team at Voltage Bet and Everygame to bring you a combined $30 in free-bet offers that you can use to get in on the action at their respective sportsbook. Follow the links below to be sent a risk-free offer directly to your email.
Best Risk-Free Bet Offers for June, 2026
Our favorite free bet promos and risk-free offers range from weekly free bets to insurance on losing bets. Some sportsbooks also give out large sums of bet credits for new accounts, giving you a significant bankroll boost. Explore our top risk-free sports betting offers below.
| Promotion | Terms | Claim |
|---|---|---|
| Voltage Bet $20 Risk-Free Bet | Sign up for The Sports Geek’s newsletter and follow the link in your email. | Sign Up Here |
| Everygame $10 Risk-Free Bet | Sign up for The Sports Geek’s newsletter and follow the link in your email. | Sign Up Here |
| BetOnline $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, MLB & UCL Offers | • Bet $5 on the NHL on Wednesday and if your team scores 2 power play goals, get double the winnings up to $100 • Bet $5 on MLB moneylines or run lines and receive a refund if you lose because of a no-hitter • Make $25 SGPs on Champions League games this month to score a $10 free bet in the rewards hub | 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 |
| Bet105 Deposit $100, Get $50 Free Bet | • Make a deposit of $100 and receive a free bet worth $50 • 5x rollover with prematch bets | Claim Now |
| MyBookie $500 Bet Back Bonus | • Make your first bet risk-free. If your bet wins, you win. If it loses, get refunded up to $500 + a $25 free casino chip. • Minimum deposit of $50, refund has 1x rollover, use promo code “MB100BB” | Claim Now |
| BetWhale Free Bet Offers | • Earn up to $50 in weekly free bets by wagering on singles, combos, and parlays. • Bet $50 or more on MLB and NBA parlays to unlock a $20 free bet | Claim Now |
What Is a Risk-Free Bet?
A risk-free bet is a sportsbook promotion that comes in many forms, but most typically, it offers protection for specific bets. In some cases, you still need to place a real-money deposit or bet first, and if that bet loses, the sportsbook refunds your stake as a free bet, bonus bet, site credit, or another type of promotional credit. Some offers, like The Sports Geek’s partnership with Everygame and Voltage Bet, allow bettors to redeem free bet credits to use immediately.
Risk-free bet offers are popular with new bettors because they can make trying a sportsbook feel less intimidating. They are also useful for experienced bettors who want extra value from a signup offer, reload bonus, or limited-time promotion. However, bettors should always pay attention to details like minimum odds, expiration dates, eligible markets, and whether the free bet stake is included in any winnings.
First-Bet Insurance
First bet insurance protects a new user’s first qualifying wager at a sportsbook. If the bet wins, the bettor keeps the payout; if it loses, the sportsbook refunds the stake as a free bet, bonus bet, or site credit. The refund is usually not cash but credits, so bettors should review the promo rules before placing their first bet.
Free Bet Credits
Free bet credits are promotional funds that bettors can use to place wagers without risking additional cash. In many cases, the original free bet stake is not returned with the winnings. Bettors should check expiration dates, eligible markets, and minimum odds before using free bet credits.
Weekly Free Bets
Weekly free bets are recurring sportsbook promotions that give bettors bonus credits on a weekly basis. These offers may require a qualifying deposit, wager, or opt-in before the free bet is awarded. An example of these would be Everygame’s weekly NHL free bets, where placing $50 in qualifying wagers earns you a $10 bet credit, redeemable each week.
Best Sportsbooks for Risk-Free Bet Offers
The best sportsbooks for risk-free bet offers give bettors a chance to claim extra value through free bets, bet credits, first-bet insurance, and other bonus promotions. These offers can vary by operator, so it is important to compare the available bonus amount, qualifying requirements, eligible markets, and expiration dates before signing up.
1
BetOnline
BetOnline is serving up one of the best risk-free bet promos 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.
2
SportsBetting.ag
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. That’s a good one if you wager on the NHL anyway, boosting your potential returns.
Baseball bettors can enjoy the No Hitter, No Problem free bet at SportsBetting.ag this season. If you’re unlucky enough to fall victim to a no-hitter, have no fear, as your bets will be returned for up to $100. Bets must be for at least $5, on the moneyline or run line, and be placed pre-game.
3
Everygame
Everygame is your US online sportsbook destination for live hockey wagering if you want to cash-in on some bonus free bets.
Every week through May 3, 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.
4
Bet105
New players at Bet105 can score an instant $50 free bet when they sign up and deposit $100 as a new customer. All prematch sportsbook wagers count torwards the 5x rollover amount in this free-bet promo.
5
MyBookie
New customers at MyBookie can enjoy a risk-free bet back offer this summer for up to $500.
Simply sign up and use promo code “MB100BB” when you deposit at least $50 with your initial deposit. Make your first bet and if you win, you’re a winner! But if you lose, get a the bet back for up to $500, plus also receive a $25 casino chip to test out the casino.
Free bets come with a 1x rollover, while the casino chip is 40x.
6
BetWhale
BetWhale is offering players multiple ways to earn free bets. Every week up to $50 in free bets are available. For players who wager $100-$199 in single, combo, or parlays bets with minimum odds of +100, you’ll unlock a $25 free bet. Larger bettors making bets of $200 or more can unlock a larger bonus, claiming a $50 free bet.
The free bets promos don’t end there though. Parlay bettors who wager $50 or more on the NBA and MLB are also eligible for a $20 free wager. Minimum qualifying parlay odds are +100.
How to Redeem Free Bet Promos
Redeeming a free bet promo is usually a simple process, but the exact steps can vary by sportsbook. Before claiming any offer, review the terms to confirm eligibility, qualifying bet requirements, expiration dates, and whether a promo code is needed.
Step 1: Choose a Sportsbook Promo
Compare available free bet offers and choose the sportsbook promo that best matches your betting preferences. Look at the bonus amount, eligible sports, minimum odds, and any deposit or wagering requirements.
Step 2: Create an Account
Sign up with the sportsbook offering the free bet promo. You may need to provide basic personal details and verify your identity before you can deposit or place a wager.
Step 3: Enter the Promo Code
Some sportsbooks require a promo code during registration or before making a deposit. If a code is listed with the offer, enter it exactly as shown so the bonus can be applied to your account.
Step 4: Make a Qualifying Deposit or Bet
Many free bet promos require bettors to make a deposit, place a qualifying wager, or opt into the promotion. Check the sportsbook’s terms to make sure your bet meets the minimum amount, odds, and market requirements.
Step 5: Receive Your Free Bet
Once the qualifying steps are complete, the sportsbook will add the free bet, bonus bet, or bet credit to your account. Some promos award the credit instantly, while others may take longer to appear.
Step 6: Use the Free Bet Before It Expires
Apply the free bet to an eligible wager before the expiration date. Remember that many free bet promos do not return the original stake with winnings, so review the payout rules before placing your bet.
Pros and Cons of Risk-Free Bet Offers
Risk-free bet offers can be a useful way to get more value from a sportsbook promo, but bettors should understand both the benefits and limitations before claiming one.
Responsible Gambling
Gamble responsibly. Betting is for entertainment, not income. Set loss and time limits, and budget your bankroll to stay within what you can afford. Following these tips will help keep gambling fun and controlled.
If gambling dominates your thoughts or you exceed your budget often, consider the resources below for help. Recognize the signs in yourself or a loved one.
- AGA Responsible Gambling Code of Conduct
- Have A Game Plan – Complete Responsible Gambling Resource
- KindBridge Behavioral Health
Takeaways for Redeeming Risk-Free Betting Promotions
Risk-free bet offers can be a smart way to get extra value when signing up with a sportsbook or trying a new promo. While these deals can reduce the impact of a losing wager, bettors should still review the terms carefully to understand how refunds, free bet credits, expiration dates, and eligible markets work. Compare the latest offers, choose the promo that fits your betting style, and claim your free bet before it expires.
Free Bet FAQs
Sign up for The Sports Geek email newsletter and follow the instructions sent to your inbox. The offer may require you to create an account with an eligible sportsbook, use a promo code, or meet specific sportsbook terms before the free bet is added.
Some risk-free bet offers require a deposit, while others may only require registration or a qualifying wager. Always check the promo terms to confirm the deposit amount, minimum bet, and eligibility rules.
Risk-free bets are usually not paid in cash. If your qualifying bet loses, the refund is typically issued as a free bet, bonus bet, site credit, or another type of promotional credit.
If your risk-free bet wins, you usually keep the winnings from the wager. However, many sportsbooks do not include the original free bet stake in the payout, so review the offer terms before placing your bet.
If your qualifying risk-free bet loses, the sportsbook may refund the stake as a free bet, bonus bet, or account credit. The refund amount, timing, and credit type depend on the specific promotion.
Yes, most free bets expire after a set period. Check the expiration date in the sportsbook’s promo terms or your account so you do not miss the chance to use the credit.
