Introduction
What Is Zero Risk Betting?
The zero-risk betting strategy revolves around the concept of careful bankroll management and calculated bets. Essentially, it involves placing small bets that one can afford to lose, ensuring that even luck isn’t on your side, the damage to your bankroll remains minimal
The reason that bettors are turning to zero-risk strategies is that sports betting relies on both chance and your knowledge of the competition. So this approach allows you to maximize your profit from the outcome of the match or event you’re betting on. It’s much safer .
Discover how to bet on any sports you love without committing your money. Benefit yourself by reading further to know how important it is to know about zero-risk betting strategy works with different types of betting, from hedging bets to promo-based betting.
ALSO READ: Caesars Sportsbook Review: Promo Codes, Features & State Insights
Define the Concept
Unlike traditional gambling, when you rely on luck, matched betting involves placing bets to cover every outcome of a sporting event in order to qualify for a risk-free free bet. The process is then repeated, using that free bet to lock in guaranteed profit.
To understand better, here is a small example of arbitrage betting:
Firstly, do this check for the odds of the match ending with 2.5 goals on any bookmaker of your choice. The next step is to research other bookmakers and check for one that offers high odds for under 2.5 goals. Do the math and bet on the match ending in under 2.5 goals. This will help you win either bet and cut your losses mostly use this strategy to bet on goal market.
The reason why it’s popular among smart bettors is it’s a win win strategy in the long term, though generally doesn’t offer as significant profits as quickly as matched betting. But bettors can place multiple bets on all possible outcomes of an event, unlocking a win and a positive return, regardless of the outcome.
Top Zero Risk Betting Strategies
Matched Betting
This is popular among betting peers. It uses free bets and promotions given by the bookie to make sure you make a profit.
How you may apply this strategy is by signing up with a bookmaker that offers a free bets welcome bonus, such as Betking.
After that, you may bet on a random event with your bonus and use your actual money to bet on another event on another bookmaker.
How it works
You registered with Betking In the match between Barcelona and Real Madrid, you used your free bets to bet on Barcelona, and then you used your actual money to place a bet on Real Madrid on Bet9ja. When Madrid eventually won the match, you were able to make a profit because you won more money without losing “your actual money,” as you had placed the losing bet using your Betking free bets bonus
Arbitrage Betting
This risk-free betting strategy involves taking advantage of price differences for the same event across different bookmakers.
How it works:
Firstly, to do this, check for the odds of the match ending with 2.5 goals on any bookmaker of your choice. The next step is to research other bookmakers and check for one that offers high odds for under 2.5 goals. Do the math and bet on the match ending in under 2.5 goals. This will help you win either bet and cut your losses mostly use this strategy to bet on goal market.
Hedging bets
Placing the Hedge Bet: To hedge, the bettor places an additional bet on a different outcome. For instance, after betting on Team A, they might bet on Team B to win. This additional bet is typically placed at different odds than the original bet.
How it works:
You need to look at this money and think to yourself Is my original bet worth enough that I should be putting more money to get back a bigger profit?” Let’s say you bet 100 dollars to a thousand dollar you want to get that thousand dollars or at least get your hundreds back you would either put another hundred at a hundred to win a hundred or it could be better odds on betting the other team or you could bet a hundred to win five hundred and no matter what, you got your five hundred profit
Promo-Based Betting
Promo-based betting is one of the easiest and most effective ways to apply a free, zero-risk betting strategy, especially for beginners. Bookmakers frequently offer promotions like free bets, cashback, and risk-free bets to attract new users. If used smartly, these can be turned into guaranteed profits.
How it works:
Bookmakers offer promos to attract new users or retain existing ones. Promo-based betting takes advantage of these offers by betting on one outcome with the bookmaker and hedging or laying the opposite outcome on a betting exchange or another sportsbook .
You may have heard of the example ‘Bet $5 and get a $150 free bet’ or ‘Your first deposit matched up to $100.’ With the recent change in law, online sportsbooks can now operate more freely
ALSO READ: William Hill Sportsbook Review: Complete Guide to Betting, Promos & App Features
Step-by-Step Guide to Start Zero Risk Betting
Step 1: Set up bookmaker accounts
- Free bets
- Risk-free bets
- Deposit bonuses
- Cashback offers
Step 2: Sign Up and Claim the Promo
Step 3: Find a Betting Exchange or Second Bookmaker
Popular Betting Exchanges:
- Betfair
- Smarkets
- Matchbook
Step 4: Use a Betting Calculator
- Tools to use:
- OddsMonkey Free Calculator
- Profit Accumulator
- MatchedBets.com
Step 5: Place the Qualifying Bet
Step 6: Use the Free Bet or Risk-Free Refund
Step 7: Track Your Bets and Profits
Bonus tip: If you manage to access more promos, you can make more profit. In the beginning start with one or two of them, and later jump to five or six.
Is Zero Risk Betting Legal and Safe?
No-risk matched betting is absolutely legal! In fact, it’s a fantastic way to make some extra money online without breaking any laws. If you live in New Jersey, New York, Pennsylvania, Ohio or another state that allows online gambling, then you can 100% do matched betting.
Final Thoughts
So in recent times, no-risk betting is the best way to make a profit because it doesn’t make you commit your real money to play bets. Is the reason Samet Better used it too? There is more than one way to bet strategically in no-risk betting. And it doesn’t take much to get used to it You may just have to follow simple steps to make a strategy. It’s also a responsible and safe way of enjoying your bets.
FAQ’s
1. Is zero-risk betting legal and safe in different regions ?
Yes, zero-risk betting is legal in most countries where sports betting itself is legal.
2. Can you really make money from zero-risk betting?
If you do it correctly, it certainly will.
3. Are there differences between zero-risk betting and gambling?
Not much, but in traditional gambling you could win or lose. Zero risk betting eliminates that risk
4. Is there any risk ?
Place the wrong stake or miss changing odds; mistakes like this will lose you money .
5. Where can I find free, zero-risk betting tips?
Some places where you could find them are
- OddsMonkey (free section)
- MatchedBets.com
- Reddit communities like r/matchedbetting
- Twitter pages that track daily promos
Courtesy: https://www.covers.com/, https://www.globenewswire.com
