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Bankroll building with free bets and no-lose bets


Professional Bettor
Feb 12, 2022
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Here you will find some tips about starting to place bets without risking your money. You can build a one-time bankroll by using the bonus offers and start to bet with this bankroll. When you do this, it is practical to use an e-wallet for example skrill. This allows you to transfer amounts between bookmakers.

Building bankroll with free bets and no-lose bets offers​

Almost all online bookmakers offer a welcome bonus to new customers. A lot of them offer a free bet. The free bet amounts variance from 20€ until 50€. You can use free bets for bankroll building. To get the free bet, a bet must be placed up to the free bet bonus amount and of course, you have to satisfy the minimum odd which is required (most of the time the required odds are 1.5-2.0). Some bookmakers offer a no-loose bet. That means if you lose your first bet then you will get your betting amount back. Now to build a bankroll from these offers follow this method:

Step1: Create an account in two bookmakers which offer a free bet or no-lose bet and make a deposit to get the maximum bonus.

Step2: Find a match with equal odds (for instance over: 1.85 and under: 1.85) and place the maximum amount that is necessary to get the full bonus offer. Now in one bookmaker, you will win and on the other, you will lose and get back your losing amount or the no-loose back. If the value of the free bet or no-lose bet differs you should find a game with an equal winning amount. For example, one bookmaker offers a 20€ free bet and another a 50€ free bet you should find a match with the odds over/under: 1.5 and over/under 3.0. Now you will win 1.3*50€=65€ or 3.0*20€=60€. So you can arbit the winning amounts.

Step3: If you won a no-lose bet you can withdraw the amount, create an account in another bookmaker which offers free or no-loose bet. If you won the bet which offers a free bet you have to do nothing there. Now if your losing bet was a no-lose you should withdraw it and deposit in another bookmaker which offers a free or no-loose bet. If there was two free bet offer you should repeat step two with the two free bets and then continue with step 3.

Step 4: Now you are going to get a free or no-loosing bet from the third opening account. Do step 2 with the deposit amount in the third bookmaker and the bookmaker in which you lost your previous bet and got a free bet.

Step 5: Continue this method by opening a fourth, fifth, .... account.

After the bankroll building, you could deposit it in your favorite bookmaker or it is better to split your bankroll into the accounts you have created and then place bets in the bookmaker who offer the best odds for the match you like to place a bet. Tip: For practical reasons, you should combine free bets which have the same amount. To match a free bet of 20€ with a free bet of 50€ could create some trouble because claiming these bonuses is necessary to satisfy the minimum betting odds! So combine two 20€ free bets together and 50€ free bets together. This is the first method for bankroll building

Building bankroll with 100% deposit bonus offers​

It is a little harder to build a bankroll with a 100% deposit bonus but not impossible. Here you can find a method to clear these bonuses. You needn't bet on more than 1 bookmaker. You will try to get the bonus with value bets and building bankroll.

Method: Find out what is the minimum odds required to get the bonus offer. Most of the time it is between 1.5-2.0. If the bonus offer is 100€ (200€ is your starting capital) you have to place the deposit amount and the bonus amount 3 times which means 600€. To reach this total betting amount you should place single bets of 30€-50€. If the odds required is about 2.0 it is recommended placing bets of 30€. When the required odds go down you can increase the betting amount up to 50€. Now you should find games that are equal to the minimum adds required and start to place bets. Try to collect information about matches and find the match with the best probability. Continue this until you have placed the 600€ required amount. This method will work most of the time because the bookmaker has a rake of about 6%-8% and by choosing right the rake will go down or perhaps you will have a profit. Remember that the bookmaker is the underdog because you have doubled up your deposit amount and the rake can't beat you. After you have cleared the bonus you can withdraw your starting deposit amount, transfer it to another bookmaker and do the same for bankroll building. With the rest, you can continue betting without risking your own money. This is the second method for bankroll building.