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Home » Games » eSports » How Does Risk-Free Betting Work?

How Does Risk-Free Betting Work?

Jake Jacobson by Jake Jacobson
Apr 9, 2021
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Gambling can be dangerous. If you aren’t careful, there’s a lot to lose. If you aren’t familiar, you might not even know where to start. Luckily, there are tools to help. Websites like BetNJ can help identify and mitigate the risks of betting, making casual betting a safer experience.

One of the first things you should decide is whether you want to place bet or not. Some online betting services include a risk-free betting feature. A risk-free bet lets you place a bet with zero stakes. For example, if you make a $50 bet on the Nets and they lose to the Lakers, you will receive a $50 credit to your account. Often these deals also include tax-free deposits. You don’t even have to link a bank account to take advantage of this! In the UK, companies like Ladbrokes, Coral Sports and Stan James offer no deposit betting.

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It can be difficult to know exactly which Risk-Free betting system is the right system. before making any sort of sensible risk-free bet, start with some of the basics. How much are you willing to risk? What kind of odds are you looking for? What is a safe amount to lose? It’s dangerous to take a risk you can’t afford, after all.

There are several ways that this type of betting is beneficial. First of all, if you are a huge fan of one particular sport, like Soccer, but you’ve never made a bet, this is a safe in. Second, if you are a casual sports fan, you might not know enough about any one sport to make a confident bet. Another benefit of this scenario is that it gives sports bettors the chance to use discretion when placing their bets.

Common Risk-Free Bets

There are a few common types of bets beyond choosing the outcome outright. Many traditional bookmakers will offer bets on a game’s point spread. In this case, the favored team must win by a certain amount of points in order to pay out. If a team is favored at -8, they must win the game by at least 9 points in order to “beat the spread.” Otherwise, the payout goes to the underdog.

If you are someone who doesn’t particularly care for sports betting odds and would much rather bet on something a little more loose, then prop bets might be for you. A Proposition, or prop bet, is made on anything other than the outcome of a game. Prop bets are often made on an individual player’s stats (Kevin Durant will score more or less than 20.5 points). Some prop bets are weirder. Prop bets are a fun way to gamble on games without getting too invested in the game itself.

Yet another opportunity to make a risk-free bet is though daily Fantasy Sports mobile betting. With a mobile app, you can pop in and out of a sport at your own leisure. When you’re comfortable with a match-up, you can place bets on the game. This is one of the major differences between a using sportsbook and mobile betting apps. With the sportsbooks, you have to download the program on your computer and then download the app to your cell phone.

Sometimes, the odds are so high that you aren’t even allowed to place bets on some games. The trade-off is you lose at lot of risk this way. By using these mobile betting apps, however, you can find more opportunities to win, due to your ability to place bets anytime, anywhere. It is a quick way to win money while just taking a few minutes of each day to sit down and place bets.

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Jake Jacobson

Jake Jacobson

Jake Jacobson is a writer, reporter, and content creator from cozy Bloomington, Indiana. He's a casual speedrunner, the number 1 Raichu fan, and took the Indiana Hoosiers to the National Title game in NCAA Football '11 six consecutive years. Go Packers.

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