Guaranteed profit: It is possible to generate a guaranteed profit using risk free bets by playing with both Hedge Sliders. The amount is usually around 25-50% of the actual promotion.
When calculating your first bet set HEDGE 1 such that BET 2 NET RETURN is equal to half of the promotional amount.
This way, if BET 2 wins, you profit $250, but if it loses you still have value left on the table for your second bet.
If BET 1 wins, then we place a second bet with the provided Risk Free Bet from the promotion and set the HEDGE 2 slider such that both NET RETURNS are similar:
Larger Promotions: Sometimes Sportsbooks have even larger promotions available, it never hurts to ask live chat support what promotions are available.
More Promotions: Sportsbooks will keep giving you money! Many Sports Betting apps will send out random promotions anywhere between $50-$250 for a single day. Even if you got your bonus from one site it pays to keep their app on your phone or visit them once a weekend.
WARNING: These are sportsbook specific and will only work with the corresponding sportsbook. Furthermore, while we strive to keep this as up to date as possible, it is possible that these tips are no longer accurate. Use at your own risk!
Fanduel: At the time of writing Fanduel will allow a user to cashout and withdraw their “Risk Free Bet”. So after your first bet is lost, place a second wager with your risk free bet only on Fanduel (no need to place a bet on another sportsbook). After the match has started you should be able to “cash out” and then withdraw your bet.
Fanduel: Building upon the first Fanduel tip, if a user leaves their bet in-play long enough and their wagered team starts winning, there is the potential to win more than the promotional $1000. When a bet is cashed out on Fanduel it does not subtract the promotional amount as with other sportsbooks.
Unibet: At the time of writing Unibet’s risk free promotion is actually risk free. You should be able to withdraw your funds after the first bet is lost. This will result in a more “sure” profit and a higher efficiency since there is no need for a second bet to be placed. It is recommended to use the guaranteed profit method with Unibet and playing with the HEDGE 1 slider. In this case profit can be calculated for BET 1 by taking NET RETURN for BET 1 and adding $250, profit for BET 2 is just the value of NET RETURN.