Risk-free bets are one of the most common bonuses among the leading US sportsbooks – including those licensed in the Empire State. With a risk-free offer, they require you to make a real-money deposit. Once this has been cleared into your account, you can go ahead with making your first real-money bet with your chosen operator.
Top New York Sportsbooks Risk-Free bets Offers
The risk-free wagers are usually capped at a certain limit, such as $100 or $200. This means that you can bet up to $100 or $200, safe knowing that if your wager loses, they will refund you. Think of it as a risk-free chance at increasing your sports betting bankroll. Refunds of losing risk-free bets are usually processed within 24-48 hours of your losing wager.There are two ways that sportsbooks choose to refund you. First, they may provide a full cash refund, which you can withdraw at your convenience. Second, they may choose to refund you in free bets rather than cash. Naturally, a full cash refund is better than free bets, but either way, you get another shot at placing a winning bet. The free bets will usually come with wagering requirements attached though, so look out for risk-free bets that offer low wagering requirements first.