If you are new to using Bet Finders on DarkHorse Odds start here to learn how to use all the available features such as filters and editing your Bet Slip.
In all of our guides, we filter to “Main Lines Only” as a way to avoid limits. Learn more here.
If you do not have a general understanding of how Risk Free Bets start here before proceeding. Risk Free Bets are bets that you place with your money, but if the bet loses you receive a refund. Here we will examine a Risk Free Bet that is refunded as Site Credit.
It is important to understand that Site Credit can be converted to cash at ~100%. Read more here.
Example
In all our Risk Free bet guides we use the example of
- Pistons Money Line at +305
- Raptors Money Line at -335
This example shows how to properly use the Risk Free bet Finder for the Barstool $1,000 Risk Free Bet sign-up offer. The key takeaway is that it is refunded as Site Credit.
*Note: Barstool uses the terms “Free Bet” and “Sportsbook Bonus Cash” as the refund if the Risk Free bet loses. Based on previous accounts, Barstool will refund the Risk Free Bet as “Sportsbook Bonus Cash” which is what they call Site Credit.
Use the Risk Free Bet Finder.
Filter to main lines only. Not required, only recommended.
Choose the sportsbook you have the Risk Free Bet on, enter the bet amount, then select the refund type.
After selecting the bet you want, viewing the bet slip provides all the details needed to properly hedge ensuring maximum profit. In this example on Barstool you would place the $1,000 Risk Free Bet on the Pistons money line at +305. Then place a $2,349 Hedge Bet on DK on the Raptors money line at -335.
Clicking “Details” or the information icon displays further details explaining exactly how you profit $701 no matter the outcome of the event.
This is where it is important to understand that if the Risk Free Bet wins you profit $701 immediately. If the Risk Free Bet loses, you need to perform a second step, converting the Site Credit refund. Once you convert the Site Credit refund at an expected conversion rate of 100% you will profit $701.
