One of the most popular forms of bonuses in Mississippi is risk-free bets. In this guide, we’ll talk about the additional factors that affect risk-free bets. We’ll touch on how to choose the best risk free betting site in Mississippi to begin with, and how they differ from a no deposit bonus. 

What is a risk-free bet?

A risk-free bet allows you to get something in return if you place a bet, but you lose. The bonus can be in the form of credit on your account or a free bet you can use to wager again. Each online betting site in Mississippi offers risk free bet rewards differently.

Whether you get to cash out a winnings bet from a risk free bet is up to the MS sportsbook. Some may require you to place a certain number of bets first before you can cash out. Details around the rules of using a risk free bet can be found in the terms and conditions of the promotion. All sportsbooks will have this information. If they don’t, then it is a big sign that it’s probably not a trustworthy online betting site.

Betting sites in Mississippi with risk-free bets

If you’re looking for a promotional risk-free bet in Mississippi, then look no further. We’re gathered some of the best ones for punters living in the state. The below list focuses on the risk free bets and how you can claim them from the MS sports betting sites. We’ll also touch on the Ts and Cs around the bonuses and how best you can take advantage of them.

DraftKings Mississippi

DraftKings Sportsbook changes its risk free bet promotions often. However, for new registrations, there’s a welcome bonus just for them. It requires you to make a minimum deposit, which then triggers the risk free bet. To get started, simply create a new account with DraftKings and verify your details such as your email address. Then head to the promotions page and click on the risk free bet offer. Within a few minutes, the promotion will be available for the new registration to use.

Obviously, make sure to understand the rules around the bet free offer. For example, DraftKings makes it clear that the risk free bet can’t be redeemed for cash.

BetRivers Mississippi

As of now, BetRivers doesn’t offer risk free bets to new players or as a reward for loyal players. They have other welcome offers, which helps them stand out from competitors. While it’s safe to say that risk free bets “reward failure”, BetRivers is more focused on providing bonuses that give players the chance to win more and continue to bet with them. Head to their promotions page to see what they have available for you before you sign up with them.

FanDuel Mississippi

Especially created for new accounts. FanDuel offers an attractive risk free bonus that offers money back if you lose your first bet. To get started, all you have to do is to quickly create a new account, the process only takes about 2 minutes to complete.

Once done, you can add funds to your account and place a bet. If you lose that bet, you’ll have the money credited back into your account. FanDuel does a good job of suggesting bet types new punters could consider when placing their wagers for the first time.

PointsBet Mississippi

To get the risk-free bonus from PointsBet Sportsbook, all you have to do is to sign up for a new account. You automatically have access to the risk free offer on your first bet as soon as you finish registering with the sportsbook.

The PointsBet online betting site has two risk-free betting offers for new punters. The first one is a fixed-odds wager, and the second is a PointsBet wager. If both or one of these bets turns out to be a loss, you’ll have your stake refunded up to a certain amount based on the terms and conditions of the bonuses.

BetMGM Mississippi

BetMGM offers a risk free bet as a welcome bonus for new registrations. This offer is suitable for both seasoned punters who’ve been placing bets for many years, through to novices giving betting a try for the first time.

One of the most attractive things about this promotion is that there are no minimum odds on the risk free bet, which gives punters a bit more flexibility. To access this free bet offer, all punters have to do is register with BetMGM and it’ll be credited to your account after you place a deposit.

Twinspires Mississippi

New players to the Twinspired sportsbook can enjoy a risk-free bet on their first settled wager losses. Unlike other sportsbooks that may automatically add the risk free bet to your account upon completing registration, Twinspires requires you to add a promo code.

To get started, sign up with Twinspires. During that process, you’ll be asked if you have a promo code. Add it and your account will immediately be credited with a risk free bet. Start wagering, and if you lose, you’ll get back up to a certain amount of money based on the terms and conditions.

How to get a risk-free bet in Mississippi

To get a risk-free bet, all you have to do is find an online sportsbook in Mississipi offering one. There are a number of ways to get the offer credited into your sportsbook account. The most common is simply by creating a new account with an online betting site and placing a deposit. You’ll then be able to place a bet and get your cashback if you lose.

Another way to get a risk free bet is through a promo code. You’ll be asked to enter this code during the registration process. If you don’t add the code, you’ll miss out on getting the free bet.

One thing you can be assured of is that getting a risk free bet in Mississippi is not difficult. With a quick Google search, you’ll get access to many offers from licensed and reputable online sportsbooks. It’s choosing the best one for you that may be a bit of a challenge. That’s why reading and understanding the terms and conditions around the risk free bet is important. This helps to avoid disappointment.

Risk free bet vs. no deposit bonus

There’s one major difference between risk-free bets and no deposit bonuses. This difference is that a risk-free bet requires you to add funds into your account in order for you to place a bet, to begin with. If you lose, you then get your money back, and if you win, you’re able to cash out your winnings with no problems.

A no deposit bonus, on the other hand, doesn’t require punters to fund their accounts at all. You can place a “free bet” essentially with a zero account balance. Whether you’re able to cash out winnings from a no deposit bonus is up to the sportsbook. Most online sports betting sites don’t make it easy to cash out winnings from a no deposit bonus because it exposes them to bonus abuse. To protect themselves, they may require bettors to place several real money deposits before they’re able to cash out.

FAQ

Do all online sportsbooks in Mississippi offer risk free bets?

No, not all Mississippi sportsbooks offer risk-free bets. Some have other types of welcome offers to help new registrations feel comfortable placing bets such as a cashback bonus or a no deposit bonus. Simple check the sportsbook's promotions section to see if they offer risk free bets.

Can I bet on anything with my risk free bet on sportsbooks in MS?

Not always. Each sportsbook has its own rules when it comes to how you can use the offer. Some may allow you to place any type of bet on any sport you want to. The only catch may be that the offer gives back a certain maximum amount.

How big is my risk free bet on betting sites in MS?

The size of your risk free bet is up to the betting site in MS. Some are bigger and better than others. However, just because one site's risk free bet is the biggest doesn't mean it's the best. There may be very strict terms and conditions that restrict how you can claim and use the bonus.