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The best bets and resources to make you more profitable
When it comes to sports betting, there are a ton of different types of promotions out there, and with that comes a lot of different terminologies to learn and understand as well.
One example of this is FanDuel’s “no-sweat” bet that they offer. They offer a no-sweat first bet at initial signup, as well as no-sweat parlays/same-game parlays on certain big sports nights.
Luckily, a no-sweat bet on FanDuel is not any type of promotion that is super complicated. It is essentially a risk-free bet, that FanDuel names differently as a way of marketing.
If you are not sure what a risk-free bet is in sports betting, then I would highly suggest clicking here for our article, which goes into great detail about what a risk-free bet is, and the best way to capitalize on one.
Essentially, risk-free bets are a type of sportsbook promotion where the sportsbook will refund your bet if it loses, normally in the form of site credit, or a free bet. Hence the names, risk-free or no-sweat bet.
The key difference between a no-sweat bet and a risk-free bet is what happens if your bet loses. If you lose a no-sweat bet, you get your stake back in site credit. But if you lose a free bet, you get nothing back since your “stake” was the free promotion. The same goes for if you win a free bet — you only get the profit, not your initial stake.
So, the strategy involved with placing no-sweat, and inherently free bets as well, is entirely different than a normal bet.
As mentioned above, the strategy involved with a no-sweat bet is different than a normal one. To start off, it is always recommended to have multiple sportsbook accounts when you start sports betting. Taking advantage of these signup offers is a great way to build your bankroll initially. Click here to see the best offers for every book in your area!
It is also significantly easier to actually take advantage of the promotions when you have multiple sportsbook accounts because you can use multiple books to either find an arbitrage opportunity or use the free-bet converter to convert a free bet into cash.
In both of these examples, you are placing a bet on each side of an outcome to guarantee some sort of profit. This is why it is imperative to have multiple accounts.