Risk-free bets Arizona

If you’ve ever browsed online sportsbooks in Arizona, then you’ve probably seen an ad or two for risk-free bets in Arizona offers. These new customer offers often come in the form of a risk-free first bet, and in this article, we will explore everything there is to know about risk-free bets in Arizona.

Betting with risk-free bets in Arizona

Our guide covers the most important aspects of risk-free betting, starting with information on how these bets work. Then, we’ll talk about the different forms risk-free bets come in, as well as the differences between risk-free bet offers and other types of free bet bonuses.

We will also talk about the pros and cons of risk-free bet opportunities and some of the stipulations and terms you must meet when using them. Further, we’ll talk about tips and strategies for making the most of these bets and avoiding too much risk.

Then, we’ll discuss the top five Arizona sportsbooks and their corresponding risk-free bet offers before we answer frequently asked questions about the topic.

Best risk-free bet Arizona sites

CompanyBonusConsVisit
BetMGM Sportsbook Get Risk-Free bets up to $1,000
  • JOKERZINO
  • Only site with risk-free bets
  • New customers only
Get risk-free bet BetMGM Arizona

Other bonuses

CompanyBonusConsVisit
BetRivers Sportsbook Get up to $500 in free bets
  • JOKERZINO
  • Great bonus terms
  • Excellent loyalty program
Bet now BetRivers AZ promo code
BetMGM Sportsbook Get Risk-Free bets up to $1,000 Bet now BetMGM Arizona
Caesars Sportsbook Up to $1,250 bonus + 1,000 credits Bet now Caesars Arizona
SuperBook Sportsbook 100% deposit match up to $1,000 Bet now SuperBook Arizona promo
Betfred Sportsbook Bet $50 get $250 free Bet now Betfred Arizona review
DraftKings Sportsbook Up to $1,000 Deposit Match
  • JOKERZINO
  • 50% Same Game Parlay boost
  • Daily free to play pools
Bet now DraftKings Arizona review
Fanduel Sportsbook No sweat first bet up to $1,000 Bet now FanDuel Arizona
Unibet Sportsbook Get $100 in risk-free bets on sign up
  • AZSPORTSB
  • Refer-A-Friend & get $50 each
  • Infinite parlay boosts
Bet now Unibet Arizona

Best risk-free bet Arizona bonuses

online-banking-option

Arizona sports betting sites typically offer risk-free bets to new customers as a sign-up bonus. When you register for a new account with an online sports betting site, they will offer you the chance to make a first bet. If you win that bet, you get to take your payout. However, if you lose, you get another chance at a bet, and the bonus kicks in.

It’s important to note that risk-free bets aren’t inherently risk-free. There is still no guarantee that you will turn a profit since you can’t guarantee you will win your risk-free bet.

When the sportsbook gives you the bonus, it often comes in the form of a site credit refund, which you can use as “cash”. You get to make a wager with this credit, and if you win the bet, you get back your stake and a profit.

How much are these risk-free bets worth?

Depending on what type of risk-free bet bonus you unlock, you may have your wager matched in full, or you may receive a percentage of your wager to bet with. For example, at Draftkings sportsbook, if you wager $500, your bonus will only be $100 since their bonuses are only worth 20% of your deposit.

How do risk-free bets differ from other free bets?

Although risk-free bets may seem similar to free bet offers, there are a few key differences. First, risk-free bets are basically only offered as welcome bonuses to new sportsbook customers. Further, risk-free bets are often higher in monetary value; they go up to $2,000 sometimes, while a regular free bet usually offers only up to $20 or so.

Pros and cons of making risk-free bets with AZ sportsbooks

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Pros with a risk-free bet in Arizona

  • They offer longer odds – While most bets only last as long as the event lasts (with the exception of futures), risk-free bets are a great chance to stretch out a bet. And when you think about your likelihood of winning, it increases with more bets (two is better than one).
  • They’re fun – Risk-free bets are a fun betting opportunity if nothing else. You get a chance to return your stake and a profit in some cases, which is more exciting to take part in than your typical bets.
  • They aren’t too difficult to make – One pro of risk-free bets is that they are pretty easy to understand. They often come in the form of a straight bet, which is one of the easiest sports bets to make. And the terms and conditions are pretty straightforward.
  • They offer greater potential than regular free bets – Risk-free bets also have an advantage over other free bets (or regular bets in general) since they offer to match you back hundreds and, in some cases even thousands, of dollars.

Cons with a risk-free

  • They can be misleading – While the bonus is a lucrative offer, you aren’t guaranteed to even receive that bonus. If you win your first bet, the offer doesn’t activate. You really are putting your deposit at risk and don’t have any guarantees.
  • It can cost you – In some risk-free bonus offers, you have to bet a lot in order for the bonus to really pay off. This can be risky and could put you into debt.
  • There are stringent rules – You also need to keep in mind that there are terms and conditions to your bets. You need to place them before the offer expires and make the right type of bet in order for it to be eligible.

Tips for making risk-free bets in Arizona

Here are some tips for making a risk-free bet in Arizona:

  • Bet on the favored competitor. You may want to do this if you don’t care to take a second chance. The favored competitor is likely to win in a risk-free bet, so if you do, you can take your winnings and move on.
  • Be careful not to overdo it. As exciting as it is to reap the bonuses, be careful not to get too enticed and sign up for a bunch of sportsbooks to get a bunch of offers. This could mess with your bankroll.
  • Make the most of your bonus offer by betting as much as you can get out of the bonus. If you really think you’ll lose your first bet and want a big Arizona sportsbook bonus offer, this is the way to go.

Consider the terms and conditions of risk-free bets in Arizona

Below are some of the common terms you might face when using a risk-free bet offer at Arizona online sportsbooks:

  • Expiration date – once your bonus offer gets activated, you will likely have a time period in which you have to use it (usually no more than 30 days)
  • Activation date – after your first bet loses, there may be a period of time you have to wait before your bonus activates (some sportsbooks make you wait 72 hours)
  • Method of bonus credit – depending on the sportsbook, your bonus credit may come in the form of cash, site credit, or a free bet(s)
  • Number of bets – you also need to check and see whether your bonus will get credited as a single bet or multiple bets
  • Odds requirement – check to see if the sportsbook requires a minimum odds for your bet (typically -200, if at all)

Best risk-free bonuses Arizona

bonus-bag

There are several online sportsbooks available in Arizona that offer generous risk-free bets as a welcome bonus.

Top Risk-free bonus in AZ

Caesars Sportsbook

At “America’s No. 1 Sportsbook”, Caesars Sportsbook Arizona, you have the chance to earn a risk-free sign-up bet worth a maximum of $500. If you lose your first bet, your offer lasts for seven days after activation.

PointsBet

At Pointsbet Arizona, you have the potential to get more in bonuses than you can at any other sportsbook mentioned in this article. Their risk-free bets offer consists of one fixed odds bet capped at $500 and one Pointsbet valued at $1,500.

BetMGM risk-free bet

At BetMGM AZ, new customers can avail of an exciting, risk-free bet, as well. In addition, you get to take a bonus bet credit worth up to $600 if your first bet loses.

Betway risk-free bet

With Betway Arizona you can avail of a risk-free first bet worth up to $1,000. Note that your bonus will only match your deposit by a certain %, as seen with an AZ deposit match bonus, so you have to put in a lot of stakes for this bonus.

BetRivers risk-free bet

At BetRivers Arizona, you can get a risk-free first bet valued at a maximum of $1,000 if your first bet is a losing bet.

Hard Rock

Hard Rock Sportsbooks Arizona promo code: $100 risk-free.

Other bonuses in AZ

FAQ’s About Risk-free bets Arizona

question
What are the requirements for unlocking a risk-free sports bet?

At any sportsbook, you just need to be a first-time customer, register for a sportsbook account, and in some cases, place a minimum first deposit. Of course, you’ll also need to meet the terms and conditions of the specific risk-free bet offer.

What is a “site credit refund”?

This term refers to risk-free bets, and it refers to the money the sportsbook awards you when you lose your risk-free bet. It’s money you receive to use specifically to place a do-over wager at the sportsbook you received it from.

Do risk-free bets allow you to get your stake back in AZ?

Yes, if you lose your bet, then unlock the second chance with a risk-free bet. You have a chance to get your stake back if the site offers the bonus in the form of a site credit refund. If you win the second-chance bet, you get back your stake and a profit.

Should I sign up for more than one AZ operator to get offers?

Although it may seem like this method gives you more bonuses, this can become a slippery slope. You don’t want to be in the position of losing money in multiple places since, after all, risk-free bets don’t guarantee “no risk”.

How long do risk-free bets last in Arizona?

Your risk-free bet often activates once you lose your first bet at the sportsbook offering the bonus. And then, once it activates, you typically have somewhere between seven and 30 days to use it.

Kim Stevens

Expert at Game Predictions

Freelance journalist with a huge interest in “The Big Three.” Applying my sports enthusiasm to keep fans in Arizona up to date. Get more updates on my Twitter: @stevensberlykim.