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Last Updated:
Sep 24, 2024
No Sweat Bets
Learn everything you need to know about 'No Sweat' Bet Promos!
21+. Bet Responsibly. Gambling problem? Call 1-800-GAMBLER.
Top No Sweat Bets by State:
| Betting Site | Sign Up Bonus | Min Odds | Active States | ||||||
|---|---|---|---|---|---|---|---|---|---|
#1 |
Bet $5, Get $150 or $1,000 First Bet Safety Net |
Min Odds
-500 |
Active States   
+7 |
T&C Apply
Get $150 in Bonus Bets After Your First Real Money $5 Wager or Up to $1,000 Back in Bonus Bets if Your First Wager Loses 21+. New customers only. Limit one bonus per user. Offer available in AZ/IA/IN/KY/LA/NJ/NC/OH/VA. Different offers available in CO & PA. First online real money wager for both offers. $10 first deposit required within 30 days. Minimum wager of $5 required to claim the $150 Bonus Bets. Must contain at least one selection at odds of -500 or greater. Loss refunded as bonus bets up to $1,000 with Safety Net Offer. Bonus issued as non withdrawable bonus bets that expire in 7 days. See full T&C at Bet365. #ad | |||||
#2 |
Get up to $1000 in No Sweat Bets |
Min Odds
-500 |
Active States  
+20 |
T&C Apply
Get up to $100 Back in Bonus Bets if Your Bet Loses for 10 Straight Days (Up to $1,000 Total) 21+. New customers in AZ/CO/CT/IL/IN/IA/KY/LA/MD/MA/ MI/NC/OH/PA/TN/VT/VA/WV/WY/DC only. Different offer available in NY. Must opt-in and make a qualifying wager of $1+. One qualifying wager per day. Qualifying cash wager must have odds of -500 or greater. If the qualifying wager settles as a loss, receive a non-withdrawable Bonus Bet equal to your stake, up to a maximum of $100 per day. Bonus bets paid out within 72 hours of qualifying wager settlement. Bonus Bets expire 7 days from issuance. See full T&C at Fanatics Sportsbook. | |||||
#3 |
2nd Chance Bet up to $500 |
Min Odds
-200 |
Active States
+11 |
T&C Apply
21+. New Customers Only. AZ/CO/IA/IL/IN/LA/MD/MI/NJ/OH/PA/VA/WV Must make a qualifying deposit of $10+ with claim code SPORTS. Must make qualifying cash wager with odds of -200 or greater. If the first qualifying wager settles as a loss, receive a non-withdrawable Bonus Bet equal to your stake, up to a maximum of $500 ($250 in CO/NJ, $100 in NY/OH/AZ/WV/IA). Full T's & C's apply, see BetRivers for more details. | |||||
#4 |
$500 First Bet Insurance Promo Code: MBSCS |
Min Odds
-120 |
Active States  |
T&C Apply
Get Your First Bet Refunded 100% up to $500 in Bonus Bets 21+. New customers located in MD only. Minimum $10 deposit. Must make qualifying cash wager with odds of -120 or greater. If the first qualifying wager settles as a loss, receive a non-withdrawable Bonus Bet equal to your stake, up to a maximum of $500. Bonus Bets awarded in $25 increments, rounded down to the nearest multiple. Winnings from bonus bets are capped at 2x the stake. See full T&C at Crab Sports. | |||||
#5 |
Bet $5 & Get $100 in Bonus Bets |
Min Odds
-250 |
Active States 
+5 |
T&C Apply
Bet $5 & Get $100 in Bonus Bets 21+. AZ/NJ/TN/VA only. Different offer(s) available in FL/IA/IN/OH. New customers only. Must make a deposit and qualifying wager of $5+. Qualifying bet must have odds -250 or longer (i.e., +100, -110). Bonus Bets will be split up into 5 $20 Bonus Bets. Bonus Bets will be loaded into accounts on bet placement. Bonus Bets will expire 14 days after issuance. See full T&C at Hard Rock Bet. | |||||
What is a No Sweat Bet?
No Sweat Bets, also offered under other names like "Second Chance Bets", "First Bet Safety Net", or "1st Bet Reset", are the most commonly offered betting promotions by online sportsbooks in the US. These kind of promos are highly sought after, as they allow you to place your first wager with a sportsbook without the worry of coming out empty-handed.
With a No Sweat Bet promo, if your first wager wins, you will simply receive your winnings as usual. However, if your wager loses, you will be awarded bonus bets for the same amount as your original stake.
Working as a type of bet insurance, No Sweat Bets are the perfect promo to test the waters if you are a new bettor, or to try out a new betting platform while significantly reducing your risk.
RISK FREE BETS?
Lewis Parker
- Editor-in-Chief
You might have encountered these promotions as "Risk-Free Bets" not too long ago.
No Sweat Bets are the exact same promo, but legal betting sites are no longer allowed to call them "Risk-Free" since they return bonus bets rather than cash. Since bonus bets still need to wagered - and won - to become cash, there is still risk you might come out empty handed.
While this might seem like a technicality to some, at MyBettingSites, we firmly believe in using the most accurate language to ensure our readers always know exactly what to expect.
How do No Sweat Bets work?
No Sweat Bets are quite simple to activate and use.
Once you have signed up to the offering sportsbook and made your initial deposit, you can go ahead and place your first wager using your own funds. If that bet wins, your bet will simply pay out in full as it normally would.
If your bet loses however, your account will be credited with a refund in the form of bonus bets or bonus credits - usually within an hour. To convert this bonus into withdrawable cash, you'll need to meet the sportsbook’s turnover requirements.
No Sweat Bets promos offer a great opportunity to explore a new sportsbook without the fear of losing your initial bet, providing you with a safety net that ensures you won’t be left out in the cold if your first bet doesn’t go as planned.
EXAMPLE OF A NO SWEAT BET
You have chosen a betting site which offers a No Sweat Bet up to $500 on your first wager. Here are three possible outcomes for this wager and subsequent bonus bets.
- Winning the Initial Bet:
- You wager $500 on the Lakers to beat the Celtics at +150 odds and they win. You get back your bet stake and winnings for a total of $1250. This is the best case scenario. - Losing the Initial Bet, Winning the Bonus Bet:
- You wager $500 on the Lakers to beat the Celtics at +150 odds and they lose. You are refunded with $500 in bonus bets once your wager is graded as a loss.
- You place your $500 in bonus bets on the Warriors to beat the Suns at odds of -120. Your wager wins, and you receives $416.67 (Remember, you only receive the winnings of the bonus bet, not the stake). - Losing Both Bets:
- Your $500 bonus bet on the Warriors loses, and you lose your $500 in bonus bets.
As you can see above, the best outcome of any No Sweat Bet is to win your initial wager and not receive a bonus at all, as this scenario that will most likely net you the biggest winnings overall.
And while in that case you won't actually receive a bonus, having that extra insurance on your initial bet can give you added confidence to make a riskier bet with a higher payout.
How to Claim a No Sweat Bet Bonus
Getting a No Sweat Bet Promo is extremely easy, taking only a matter of minutes to claim your sign up bonus of choice.
1
Choose the Promo You'd Like to ReceiveBrowse through our list of the best No Sweat Bet Promos at the top of this page and choose the one you would like by clicking on the 'CLAIM' button.
Remember, sign up promos are only offered for new clients, so make sure you choose a betting site you have never used before.
2
Create an AccountFill out the registration form with your information and complete the registration process.
To do this, you'll need to provide your:
- Full Name
- Email Address
- Phone Number
- Date of Birth
- Residential Address
- Last 4 Digits of Social Security Number
Depending on the regulations of your state, you may also be required to upload identification to prove you are old enough to bet legally.
3
Make a DepositUse your preferred payment method to fund your account.
Make sure you deposit an amount equal or greater than the minimum deposit amount stipulated in the bonuses' Terms & Conditions.
4
Place a Qualifying WagerTo activate your No Sweat Bet, you will need to place an initial wager using real money.
Make sure you read the Terms & Conditions of the promo before doing so, as every betting site has its own criteria regarding minimum bet amounts and the types of wagers that qualify for the bonus.
5
Receive your Bonus - or Winnings!If your wager wins, you get to enjoy your earnings right away!
If your bet doesn't go as planned however, No Sweat Bets have you covered. Instead of losing your money, you'll receive a refund up to the specified amount in the form of bonus bets!
6
Use your Bonus BetWhen the bonus bets are credited to your account, review the terms such as expiration dates and minimum odds. The best No Sweat Bet bonuses will let you split the refunded amount into smaller bets, giving you more options on how you can use them.
Now you can use your bonus bets to place new wagers and get a second chance at winning, with all winnings being yours to keep!
What to Look for in a Second Chance Bet Offer
While it may be tempting to compare No Sweat Bet Promos on the monetary amount they offer alone, there are many different factors that you will want to keep in mind when choosing the best bonus for you:
- Versatility
There are several different aspects you will want to keep in mind when it comes to the flexibility a No Sweat Bet can allow:
- Eligible Markets - The number and variety of markets you can place your No Sweat Bet on
- Bet Types - The types of bets you are allowed for both your qualifying wager and your Bonus Bets
- Number of Bonus Bets - While some sites will refund your initial wager amount as a single bonus bet, others will split it into several - or just give you a bonus balance.
- Qualifying Wager Requirements
No Sweat Bets usually come with specific requirements you must follow when making your initial wager.
Make sure you are placing a bet for a qualifying amount, and that there are no restrictions in terms of markets or bet types that you are unaware of, as this could result in you missing out on receiving your promo.
- Bonus Terms & Conditions
Just like your qualifying wager has requirements you'll need to follow, the bonus bets you receive if your initial bet loses will also come with terms and conditions.
Make sure you read through the T & Cs to make sure what you are receiving is in line with your expectations:
- Turnover - Most No Sweat Bets will only need to be turned over once, but its important to make sure that is the case.
- Expiration - Once you receive your bonus bets, you will usually have a period of 1-2 weeks to use them before they expire.
- Restrictions - Some No Sweat Bets can only be used on particular markets or bet types
- Potential Bonus Amount
When it comes to the No Sweat Bets, keep in mind that the bonus amount you receive will be dependent on how much you are willing to risk on your first bet.
While some betting sites may offer a $1500 No Sweat Bet sign up promo, choosing that one over a $1000 No Sweat Bet offer for the bonus amount alone will only make sense if you are willing to make a qualifying bet that is larger than $1000.
If you are comfortable with risking the kind of money needed to unlock the full bonus, then the amount offered may be a determining factor to you.
Are No Sweat Bets any good?
No Sweat Bets are one of the most popular betting promos in the US and it is not hard to see why. Allowing you a lot more peace of mind on your first wager, these promos have plenty to offer for both new and experienced bettors alike.
What we like about No Sweat Bets:
- ✅ Reduced Risk: No Sweat Bets offer a low-risk way for bettors looking to learn the ropes, test out a platform, or make riskier bets with high payouts.
- ✅ Second Chances: Even if your initial bet loses, the refund gives you another opportunity to place a winning bet.
- ✅ High Promo Amounts: No Sweat Bet Promos usually offer the largest bonus amounts you will find
- ✅ Versatility: Most No Sweat Bets can be used on just about any market, and they cover most bet types.
Drawbacks to No Sweat Bets:
- ❌ Wagering Requirements: Refunds are typically issued as bonus bets, which come with wagering requirements that must be met before any winnings can be withdrawn.
- ❌ Bonus Bets Only Return the Winnings: Unlike Cashback Bonuses, Bonus Bets do not return the stake amount if they win, they will only pay out the win amount.
- ❌ Minimum Odds and Restrictions: Most No Sweat Bets have restrictions on the types of bets you can place, the bet amount, or the minimum odds you must meet.
- ❌ Expiration: Just like Deposit Match bonuses, No Sweat Bets usually have expiration dates, requiring you to use them within a certain timeframe.
Existing Customer No Sweat Bets
No Sweat Bets promos are not just limited to sign up offers. Thanks to their huge popularity with players, many betting sites also offer recurring No Sweat promos for their existing customers.
Sometimes called 'Bet Insurance', these types of promos can be geared towards a particular event (Super Bowl, March Madness), towards a league, or even towards a particular bet type - such as Same Game Parlays.
Regardless of the promo conditions, they all work in similar fashion: Place a bet up to the specified amount using your own money and, if your bet loses, you will receive bonus bets or site credits back for the same amount you risked.
21+. Bet Responsibly. Gambling problem? Call 1-800-GAMBLER.
| Betting Site | Feature | ||||
|---|---|---|---|---|---|
#1 |
Feature
Best Recurring No Sweat Bet Promos |
T&C Apply
Place a $5 Wager and Get $150 in Bonus Bets if Your Wager Wins Plus 3 Months of NBA League Pass Win or Lose 21+. New customers only. Offer(s) available in AZ/CO/CT/IA/IL/IN/KS/KY/LA/MD/MA /MI/NC/NJ/NY/OH/PA/TN/VT/VA/WV/WY/DC. Minimum $10 first deposit required. A promotion code to access your three month subscription to NBA League Pass will be sent to your email within 72 hours of your eligible bet placement, regardless if your wager wins or lose. Promotion bonus and will be credited to your account within 72 hours of settlement of Qualifying Wager as a win. First online real money wager only (minimum $5). Bonuses issued as non-withdrawable bonus bets that expire in 7 days. See full T&C at FanDuel. | |||
#2 |
Feature
Regularly offer Daily No Sweat SGPs |
T&C Apply
Get $150 in Bonus Bets If You Win Your First Real Money of $5+ 21+. 1 per new customer. Offer available in DC/IA/KS/KY/LA (select parishes only)/MD/MI/NJ/NY/TN/VA/VT. Bonus Bets do not require a winning wager in AZ/CO/CT/IL/IN/MA/ME/NC/OH/PA/WY/WV. Void in ONT/OR/NH. Eligibility restrictions apply. Min. $5 deposit. Min. $5 qualifying wager. Max. $150 issued as non-withdrawable Bonus Bets if your bet wins. Bonus Bets expire in 7 days (168 hours). Stake removed from payout. See full T&C at DraftKings. | |||
#3 |
Feature
Tons of No Sweat Bets during 'Power Hour' |
T&C Apply
Get up to $100 Back in Bonus Bets if Your Bet Loses for 10 Straight Days (Up to $1,000 Total) 21+. New customers in AZ/CO/CT/IL/IN/IA/KY/LA/MD/MA/ MI/NC/OH/PA/TN/VT/VA/WV/WY/DC only. Different offer available in NY. Must opt-in and make a qualifying wager of $1+. One qualifying wager per day. Qualifying cash wager must have odds of -500 or greater. If the qualifying wager settles as a loss, receive a non-withdrawable Bonus Bet equal to your stake, up to a maximum of $100 per day. Bonus bets paid out within 72 hours of qualifying wager settlement. Bonus Bets expire 7 days from issuance. See full T&C at Fanatics Sportsbook. | |||
#4 |
Feature
Regular No Sweat Parlay Promos |
T&C Apply
100% Bet Match up to $50 on Your First Wager Each Week for Your First Five Weeks 21+. New customers only. CO and IA only. Must deposit and wager $10+ within 30 days to become eligible for the 100% Bet Match up to $50 in non-withdrawable bonus bets for five (5) consecutive weeks (maximum total of $250). Bet Matches will only be applied to the first qualifying wager of each week. Promotional weeks begin on Monday, and wagers must be straight bets (no promotional markets) with odds of -200 or greater. Qualifying wagers must settle within seven (7) days of the bet placement. Must use promo code CLUTCH250 See full T&C at ClutchBet. | |||
Other Sports Betting Promos
While No Sweat Bets are the most popular bonuses on the market right now, they're not the only type of sign up bonus you will find currently being offered betting sites.
Below you will find other options you can choose from for your first deposit bonus:
'Bet & Get' PromosPlace your first wager for a qualifying amount and receive a bonus bet. Ex. A 'Bet $5, Get $200' awards you $200 in bonus bets once your $5 bet settles. |
Best Bet & Get Promos:  |
'Bet Match' BonusesReceive a bonus bet of the same value as your first bet - win or lose. Ex. 'Bet Match of up to $500' allows you to get a $500 credit if you bet $500. |
Best Bet Match Promos: 
|
Sportsbook Deposit BonusesYour deposit is matched by the house with a bonus bet of the same amount. Ex. You deposit $500 on a 100% match, you'll have $1000 total to bet |
Best Deposit Match Promos: 
|
Cash Back BonusesGet a percentage of your losses/action back as a cash bonus. Ex. Get 10% of your losses back during your first week of play. |
Best Cash Back Promos: 
|
Click any of the logos above to check out their current offers!
No Sweat Bets FAQ
How do I qualify for the No Sweat Bet?
To qualify for a No Sweat Bet, you need to go to our list and click on the 'Claim' button for the betting site offering the promotion. Proceed to sign up for an account, make an initial deposit, and place your first bet.
Specific requirements, such as the minimum deposit amount or qualifying bet types, can vary between sportsbooks. Always refer to the Terms & Conditions of the promo to ensure you meet all the criteria.
Is there a time limit to use the No Sweat Bet?
Yes, there is usually a time limit to use the No Sweat Bet. The exact duration can differ for each betting site, so make sure to check the bonus terms to understand how much time you have to place your bonus bets before they expire.
Are there any restrictions on withdrawing No Sweat Bets?
Yes. Most No Sweat Bets will reimburse you with bonus bets if your initial bet loses. Typically, you'll need to meet certain wagering requirements before you can withdraw any funds.
If your initial wager wins, however, you have no received any bonus and are free to withdraw your funds anytime you want.
For specific details, make sure to read the Terms & Conditions of the promotion provided by the sportsbook.
What happens if I win or lose the No Sweat Bet?
If you win the No Sweat Bet, you will receive your winnings as usual, which can often be withdrawn or used for further betting.
If you lose, the sportsbook will refund your wager up to the specified amount, usually in the form of bonus bets or site credit. You will then need to place additional bets with your bonus before you can place a withdrawal.
Be sure to consult the Terms & Conditions of the promo for precise details.
Lewis Parker
Editor-in-Chief
Getting his start in the sports betting world at the ripe old age of 18, Lewis has been working in the betting industry in different capacities for almost 20 years. What started off as a job to pay for college quickly became a lifelong passion that would take Lewis to work in Costa Rica, Vegas, Malta, Sweden, and now back to the US.
While his career as a professional gambler has yet to take off, Lewis is known around the office for his deep knowledge of just about everything betting related, and has a knack for finding and exploiting the best betting promos and reward programs online.
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