In sports betting, a “zero risk betting strategy,” also known as “sure betting” is a technique used by bettors to completely remove or significantly reduce their chances of losing their bets. However, how can you do this and can you cut down on your losses instead of losing money to bookmakers like SportyBet every week?
In this guide, I’ll walk you through how to bet without losing in Nigeria. Additionally, I’ll share some zero-risk betting alternatives with you.
What is a zero risk betting strategy?
A zero risk betting strategy is a technique of betting where no matter the outcome of the match, you either make a profit or break even. This helps you ensure you don’t lose your money.
I made use of zero risk betting strategies a lot when I was new to sports betting because I was testing the waters and didn’t want to risk losing too much money. Just last December, when I was going through my betting history for the year (I always calculate the total money I spent on bets every year, the amount I won, and the amount I lost. This helps me to stay disciplined), I realised that I made a profit of over 860% last year, all thanks to my zero risk betting strategies.
Something else about zero risk betting is that it has given me the freedom to explore several different markets.
5 FREE zero risk betting strategies to try
Even though betting can be a way to supplement your income, it often comes with the risk of losing your money. However, zero risk betting strategies are different because, unlike regular betting, they use mathematical calculations to ensure you don’t lose your money. Here are the 5 zero risk betting strategies I always use to avoid losing money in sports betting.
1. Matched betting
This is my favourite zero risk betting strategy. It uses free bets and promotions offered by bookmakers to ensure you make a profit. How I always apply this strategy is by signing up with a bookmaker that offers a free bets welcome bonus, such as BetKing. Afterward, I’ll bet on a random event with my bonus and use my actual money to bet on another event on another bookmaker.
For example, in the last UCL final between Dortmund and Madrid, I registered with BetKing and used my free bets to bet on Dortmund, and then I used my actual money to place a bet on Madrid on Bet9ja. When Madrid eventually won the match, I was able to make a profit because I won more money without losing “my actual money” as I had placed the losing bet using my BetKing free bets bonus.
2. Arbitrage Betting (aka Sure Betting)
This risk-free betting strategy involves taking advantage of price differences for the same event across different bookmakers.
To do this, check for the odds of the match ending with over 2.5 goals on any bookmaker of your choice. The next step is to research other bookmakers and check for one that offers high odds for under 2.5 goals.
Do the maths (carefully calculate your stake to ensure that your winnings will be equal to or more than the money you staked on the match ending with over 2.5 goals on the other bookmaker) and bet on the match ending in under 2.5 goals. This will help you win either bet and cut your losses. I mostly use this strategy to bet on goal markets.
3. Courtsiding
This is another form of no-risk betting which involves physically attending a live game and placing bets faster than the bookmakers can update their odds. To be able to successfully implement this technique, you need a super-fast internet connection, and you need to be able to place quick live bets. I recommend using this technique to bet on tennis and basketball.
4. Dutching
Dutching is a free zero-risk betting strategy that involves betting on multiple outcomes in the same event to guarantee profits or minimise losses. Here are the steps I always follow whenever I want to use the dutching technique while betting:
- The first thing I always do is to look for an event with multiple outcomes. Most times, I tend to go for the “correct score” bet in football because it has multiple potential outcomes.
- Next, I always use a dutching calculator such as AceOdds and OddsChecker to calculate how to spread my stake across multiple events. This helps me to ensure I don’t make losses.
- Then I place my bets and say one or two prayers to the betting gods.
5. Best value betting
Best value betting involves checking different bookmakers for the best odds for a particular event. Unlike the others I described earlier, this isn’t completely a no-risk betting strategy, it’s more focused on helping you win the highest possible returns on whatever event you place a bet on.
Promotions are a zero-risk betting alternative
Zero-risk betting strategies are a great way to profit on sports betting and minimize losses, but they tend to require lots of time, knowledge, and expertise. However, if you wish to place bets without losing money in Nigeria, you can take advantage of different promotions offered by Nigerian bookmakers, including:
Free bets
This type of promo allows you to place a bet without the additional risk of losing your money. Your stake is provided by the bookmaker, and if you win, you get to keep the profits, and if you lose, you don’t lose anything in the process. So, it’s basically a win-win situation.
When you create a new BetKing account, you can get free bets of up to ₦1,000,000, which you can use to place lots of bets without the risk of losing your own money. I took advantage of this offer and was able to make lots of profits by combining this promo with my knowledge of zero-risk football prediction.
100% deposit match
With this type of promotion, bookmakers match your initial deposit, doubling your betting wallet in the process. You can use the bonus you got to place bets without the risk of losing your own money. I recommend Betano and Paripesa for their massive deposit match for new customers. When you use the Betano promo code to sign up, you can get a maximum bonus of 200,000 that you can use to place your first bets.
Expert tip: Always take time to carefully read the terms and conditions of any promo. They may have certain requirements put in place. Also, remember that betting itself is risky, so always bet responsibly.
Zero risk betting tips
Over the years of using no risk betting strategies to place my bets, I’ve been able to gather some useful tips to place such bets. Here are some of the ways you can properly utilise a zero risk betting strategy:
- Use tools and software: At the beginning of this guide, I mentioned that ZRBS tends to require lots of maths, especially when it comes to calculating how much to stake whenever you want to spread your bet across multiple events. You should consider tools such as AceOdds. You can also use tools like OddsExplorer and OddsJam to compare odds across different bookmakers and maximise your profits.
- Always keep track of results: You should always monitor the outcome of your bets, and analyse your wins and losses to refine your strategy and cut down on your losses.
- Diversify your betting markets and bookmakers: I always bet on multiple sports and different bookmakers to be able to get the best odds and to also be able to use their welcome bonus to place low-risk bets.
- Use the cash-out feature: Always cut down on your losses by taking advantage of the cash-out option offered by different bookmakers. It’ll help you secure some profits or significantly reduce losses before the official end of an event.
- Stay informed: Always keep up with the latest news, trends, and developments in your preferred sports to help you place knowledgeable bets.
Top 3 types of bets for zero risk betting strategy
When it comes to placing a no-risk bet, there are some types of bets that have minimal risks compared to the other. Let me explain them to you in detail:
- Double chance: This is the best low-risk type of bet, as it allows you to wager on 2 out of 3 possible selections. Let's say there's a match between Man City and Crystal Palace; you can bet on Man City to win or draw the game. This will increase your chances of winning the bet. The odds are quite low, but it's a lot safer. If the match ends in a victory for City, you'll win the bet. If the game ends in a tie, you'll also win.
- Over 0.5: This is also a safe type of bet. Most EPL games always end with 1 or more goals.
- No goals in the first 10 minutes: Not all bookmaker offers this event, but it works really well for me. Most matches in Serie A and La Liga are often goalless in the first 10 minutes. You can place this bet knowing that your chances of winning are really high.
Zero risk strategy in betting: Is betting without losing really possible
Even though there are several benefits you can enjoy when you master zero-risk betting strategies such as minimising losses, they can be quite time-consuming, require constant monitoring, and they tend to have small potential profits.
But is it possible to profit from betting without losing? It is possible, but you need to have the right strategy. However, you should also keep in mind that there is no 100%-accurate betting strategy and betting comes with some level of risk. So, always remember to bet responsibly and follow the tips listed earlier.
Frequently asked questions about zero risk betting strategy
What is zero risk betting?
Zero risk betting refers to a technique used by bettors to eliminate or reduce their chances of losing money in sports betting.
Is it legal to use a zero risk betting strategy?
Yes, using low-risk betting techniques is legal in almost every country.
Can I make a zero risk football prediction?
Even though there is no prediction that is 100% guaranteed, you can use low-risk betting strategies to increase your chances of winning or at least reduce your football bet losses.
How can I make money on betting without losing?
There is no clear-cut answer on how to make money in betting without losing. However, by doing careful research, setting a budget, and using the cash-out feature, you can significantly minimise your losses in betting.
