When you have a large bankroll and would like to place a large wager on your favorite sport, there are some ways to do so without risking it all. One such way is through arbitrage. This type of wagering involves placing bets on a game that you know is going to win. This strategy is not without risk, though, and it should be used only when it’s clear that the bet will win.
Another way to bet without risk is to sign up with a sportsbook that offers a risk-free bet. Some sportsbooks offer free bets to new customers as a welcome bonus. These promotions usually value the free bet at between $100 and $2,000, depending on the sportsbook. You deposit the money, place your first wager, and if you lose, you receive your money back as a free bet or a credit on your account. The only catch is that this type of free bet does not apply to winning bets.
Another way to make money without risking your own money is to play risk-free games. Most sportsbooks offer risk-free bets in exchange for free site credit. However, these bets must be used within a specified period, which could range from a couple of days to a full year. Risk-free bets may have certain minimum odds, or they may be available only on markets with odds below -200.
