Risk free implies that if you lose, the sportsbook will give you a full cash refund. In fact, it’s almost criminal that sportsbooks are calling it that. That being said, if this is your first time on the site, I would recommend checking my beginner’s guide first.Ī ‘risk-free’ bet is NOT exactly what it sounds like. Fanduel, Draftkings, Caesar’s, Betrivers, and Barstool all offer risk free bets as their sign up offer. Risk free bets are the most common Matched Betting intro offer in the US.