Best Risk-Free Bet Offers At Top NJ Sportsbooks

Up To
$500
Risk-Free Bet | Bonus Bets

9.7

 Up To
$250
Risk-Free Bet | CASH BACK

9.7

Up to
$500
Risk-Free Bet | Bonus Back

9.1

Borgata Sportsbook Risk-Free Bet Promo

Borgata Sportsbook has a risk-free bet unlike any other New Jersey sportsbook. Borgata offers up to $250 cash back on your very first sports wager, if that bet happens to lose. They also give players a $20 bonus to use at the Borgata Online Casino.

Additional notes:

  • First Sports Wager Required: $25 or more on first single sports wager.
  • If a player's first bet is voided, the placed wager will not count toward the promotion. In this instance, a player's next wager will qualify for the cash back offer.
  • Your first sports bet outcome must be completed within seven days of the date of your first sports wager.
  • Cash will be loaded to Borgata account within three business days after the outcome of your first sports wager is confirmed.

Click Here To Make Your Risk-Free Bet At Borgata Sportsbook!

What We Like:

  1. Get back real cash up to $250
  2. $20 bonus to use at Borgata Online Casino
  3. No restrictions to earn the risk-free promotion with the exception of a $25 minimum wager
  4. Parlay bets allowed

BetMGM Sportsbook Risk-Free Bet Promo

The new and improved BetMGM Sportsbook previously had a risk-free bet up to $100 that gave players real cash back. However, that offer is now gone, but replaced by a much bigger $500 risk-free bet. Yes, this comes in the form of bonus bets and is not simply risk free, but due to the size of the bonus, there is a real chance here to cash in.

Click Here To Make Your Risk-Free Bet At MGM Sportsbook!

Here are additional notes about the playMGM Risk-Free Bet promo:

  • Receive up to $500 in bonus bets delivered in 10% increments if your first sports wager loses. You must first make a minimum deposit of $10 to qualify.
    • Example 1: If you deposit $500 and place a $500 wager at -200 odds and this wager loses, you’ll receive $500 in free bets. The free bets will be broken down to ten $50 free bets
    • Example 2: If you deposit $250 and place a $250 wager at -200 odds and this wager loses, you’ll receive $250 in free bets. The free bets will be broken down to ten $25 free bets
  • Your first real money bet after opening your account must be any sports wager with -200 odds or greater. Only the first $500 of the first wager are eligible for this promotion.
  • All free bets will be automatically credited to your account within 24 hours of the end of the event.
  • Free Bets must be used with seven days of them being credited to your account. If you attempt to place a free bet for a lesser total stake than the value of your free bet, the remaining value of the free bet will be forfeited. Example: If you have a $10 free bet, and place an $8 wager with that free bet, you will forfeit the remaining $2.

What We Like:

  1. Get a hefty $500 in bonus bets
  2. Parlay bets allowed

PointsBet Risk-Free Bet Promo

PointsBet Sportsbook actually has two risk-free bet promotions. The first is for fixed wagering, similar to other online sportsbooks, but the other is for the PointsBetting wagering feature.

At PointsBet, you can get a $500 risk free bet for your first fixed wager, while getting another $500 for your first PointsBetting wager. That means you can get up to $1,000 total if your first bet on fixed wagering and PointsBetting happens to lose. It should be noted that any risk-free promotions cannot be used with the STOP-LOSS function.

But unlike some other online sportsbooks, PointsBet does not allow players to use a risk-free bet on parlays. That is a key difference. And players cannot use the PointsBetting wager with their bonus bets. This is likely due to the unique betting nature of PointsBetting.

Bonus bets must be used on markets of -200 or more odds (example: -250.)

Click Here To Make Your Risk-Free Bets At PointsBet!

What We Like:

  1. Multiple risk-free bets (100% match up to $500 on each)
  2. Largest total free-bet offers ($1,000)
  3. Gives players the opportunity to try PointsBetting risk-free
  4. Can use bonus bets on parlays

Golden Nugget Sportsbook Risk-Free Bet Promo

The Golden Nugget Sportsbook promo code also offers a risk-free bet, coming in with a $50 Risk-Free Bet and it has a couple of stipulations as well.

Your first bet must be equal to $50. It cannot be less or more. To qualify you must:

  • Players must make Straight wagers (single bets) and Live bets (in-play bets) only.
  • Parlays do not qualify for this offer.
  • Bet must be equal to $50 exactly.
  • There are no minimum odds for a qualifying bet.
  • You have 90 days for your first bet to be placed and settled.
  • You cannot cash out or partially cash out your first bet. No "Cash Out” feature for your first sports betting wager at Golden Nugget.
  • You will be credited your bet bonus within 24 hours of your first bet being settled as a loss (assuming it qualifies as well.)
  • Golden Nugget Online lists no restrictions on the Bonus Bet.

Click Here To Make Your Risk-Free Bet At Golden Nugget Sportsbook!

What We Like:

  1. Free bet bonus credited quickly within 24 hours
  2. 90 days for first bet to be settled
  3. Can make in-game (live bets) for your first wager to qualify for the bonus bet

FanDuel Sportsbook Risk-Free Bet Promo

The FanDuel Sportsbook Risk-Free Bet promotion is similar to DraftKings. Your first bet is matched up to $500 by FanDuel if the bet loses. It may take up to 72 hours for the credit to enter your account. You can use this free bet on parlays. There are some restrictions, however:

  • Wagers placed on favorites with lines shorter than or equal to -200 (example: -250) cannot be used with your risk free bet.
  • Any unused portion of the bonus will be automatically withdrawn from your FanDuel Sportsbook account after 14 days.
  • You cannot use the "Cash Out" feature.

Click Here To Make Your Risk-Free Bet At FanDuel!

What We Like:

  1. Matches 100% up to $500
  2. Can be used on parlays
  3. Can make multiple wagers with your bonus bets

DraftKings Risk-Free Bet Promo

DraftKings Sportsbook has a $200 Risk-Free offer for new signups. This means your first bet on DraftKings Sportsbook is matched up to $200 if it loses. You can use your DraftKings Risk-Free Bet on parlays, but not on teasers. There are no odds restrictions. Here are more guidelines for the offer:

  • Free Bets must be used in whole as they cannot be split into multiple wagers. You can not wager less than the value of the Free Bet.
  • Any free bet values used are not included in settlement returns.
  • Only one free bet may be used on the bet slip in any one transaction.

This first bet must be used within 30 days of your first bet. The free bet bonus is not included in any returns or winnings. The free bet bonus is also not redeemable for cash or transferable.

Click Here To Make Your Risk-Free Bet At DraftKings!

What We Like:

  1. Matches 100% up to $200
  2. Can use on parlays
  3. No odds restrictions
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