Is it possible to bet without money?
You may think that this is not possible as no betting site is going to accept a bet from you without you spending some money. But it is actually possible to place bets for free by taking advantage of betting sites that do not require a deposit.
The way that this would work is that you would register with the betting site for free and then use a free bet bonus to place a bet without using any of your money. Online gambling is a very competitive industry and betting companies are doing all that they can to attract new players.
It is not uncommon to find betting sites that you can register with and not have to make a deposit straight away. If they are offering free bet bonuses (which a lot of them do) then you can use these to place bets without money.
Although this is a feasible strategy, betting companies are getting wise to people that sign up multiple times and place free bets. They then try to claim their winnings without making a deposit. It is usual to find that betting sites which offer a no deposit bonus of a free bet will have specific terms and conditions tied to the bonus.
The most common way to do this is to place wagering requirements on the bonus. This means that in order to claim your winnings you will need to make a deposit and place wagers on other events that will cost you money. Of course, some of your bets may win and you can still end up making a profit.
Free spins are a classic bonus bet offered by a lot of betting sites. They will give you a specific number of free spins on a slot machine of their choice. Usually, you will win from these free spins, but in order to claim your winnings you must meet some hefty wagering requirements first.
How to bet without money
This only works if you do not have to make a deposit with the betting site and they provide you with free bet bonuses. You need to know that it will be extremely rare for you to find a betting site that you can sign up for without making a deposit, place your free bets, and claim your winnings without having to fulfill specific terms and conditions.
Also, betting sites have special detection systems in place these days where they can see if the same person is attempting to create multiple accounts. Very few bookmakers permit multiple accounts and if you are caught doing this then your account is likely to be closed.
Is it safe to bet without money?
The answer to this question has to be βyesβ because you are not using any of your money to place a bet. That doesnβt mean that there are not scams operating of course. You may be told that you have won with your free bet but you need to send money to the betting site to receive your winnings.
Only use reputable betting sites to place bets without any money. If you have not heard of the betting site before then do some digging online to see if they are legit. Unfortunately, new betting sites are springing up all of the time and a lot of these are cons. They usually quickly appear on blacklists and on betting user forums.
Pros and cons of betting without money
Pros
- You will not risk any of your money
- Many betting sites offer no deposit and free bet bonuses to attract new customers
Cons
- There are usually wagering requirements tied to claiming the winnings from a free bet
- You can end up losing money with these wagering requirements
- It is not difficult for betting sites to track individuals that attempt to open multiple accounts
Final words
So, while it is possible to bet without money there are always likely to be strings attached. Betting sites are in business to make money and they give away free bet bonuses knowing that most people will end up losing money with them over time. Always check the terms and conditions associated with any free bet bonuses.
FAQ
Yes, you need to find betting sites that offer no deposit bonuses such as free spins or free bets.
Usually, you will only be able to do this with the same betting company one time. But there are a lot of betting companies that offer no deposit bonuses so you can try different betting sites
It is very rare to find a betting site that will provide you with your winnings from a bet without money without having to meet their wagering requirements
Yes, this is possible