Using risk-free bets is the best way to wager on sports. The top online sportsbooks provide various promos that can help you reduce or eliminate risks significantly by adding extra value to the table.
We consistently monitor 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
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 No-Hitter Promo | • If the opposing pitcher throws no-hitter and your team loses, receive a refund for up to $100 • Place at least a $5 wager on MLB • Bets must be made pre-game on moneyline or run-line markets |
Claim Now |
| Everygame 4X $100 NFL Free Bets | • Wager at least $1,5000 during one of four “sections/dates” of the NFL regular season • Qualify for a $100 free bet at the end of each section • Minimum odds of -200 required |
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 |
| Lucky Rebel NFL Underdog TD Scorer Promo | • Wager on an NFL first touchdown scorer at +1250 odds or longer during September and if that player scores after the first TD, get your bet refunded in bonus credits | Claim Now |
BetOnline's $250 No Strings Welcome Offer
BetOnline is serving up one of the best risk-free bet promos this summer 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.
NFL and MMA Risk-Free Promos
BetOnline also offers multiple sport-specific low-risk betting promotions. The NFL season has kicked off and during Sunday’s slate of games on September 7, BetOnline will award a 25% profit boost to every live winning NFL bet up to $250. Wagers must be for a minimum of $10 and the first wager must be made between 1-2pm EST.
BetOnline is also giving players another reason to bet in prime time each week with the Monday Night Football Primetime Play. Every week, check the site for a special MNF bonus, such as a free $10 when you make an MNF same-game parlay for at least $10.
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 No-Hitter MLB Insurance
Sometimes teams and sports bettors come up against an immovable object. In baseball, that may be a pitcher that is dialed in and throws a no-hitter. Did you come out on the losing side of an epic no-hitter performance? Sportsbetting.ag has you covered with their MLB No-Hitter No Problem promotion.
To take advantage of this risk-free insurance, simply wager at least $5 on any MLB moneyline or run line pre-game during the regular season or playoffs. If the opposing pitcher throws a no-hitter and your game has gone at least 8.5 innings, Sportsbetting.ag will refund your wager within 72 hours for up to $100.
Only straight bets count for this promotion and bets on segments of a game like innings or live bets don’t qualify.
Everygame 4X $100 NFL Free Bets
Everygame is giving all players a chance to score up to four $100 free bets this NFL section.
All you need to do is wager at least $1,500 during each “section” or date period listed below.
- Section 1: Week 1 to Week 4 (Up to and including September 29th 2025)
- Section 2: Week 5 to Week 9 (Up to and including November 3rd 2025)
- Section 3: Week 10 to Week 13 (Up to and including December 1st 2025)
- Section 4: Week 14 to Week 18 (Up to the end of the regular season)
Wagers with minimum odds of -200 qualify and at the end of each section, a $100 free bet is awarded. The max stage per wager that counts towards this promo is $100.
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.
Lucky Rebel Underdog TD Promotion
The NFL season is kicking off and to celebrate, Lucky Rebel has a sweet risk-free promotion that all players can take advantage. During the month of September, make a pre-game bet on a first touchdown scorer at +1250 odds or longer. If that player scores the first TD, not only do you win your bet, but you’re also entered into the weekly Underdog First weekly prize pool of $10,000.
But what if your player doesn’t score first, but still finds the end zone? As long as they score at some point in the game, Lucky Rebel will refund your wager in bonus credits.
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