In a standard risk-free bet, you will be receiving site credit up to a certain amount if your first bet doesn’t win.Īnother way to look it at is you lose and the book will refund your bet. It’s different terminology for the same thing. You might see this type of bet listed as a second-chance bet or a “no sweat” first bet.
If your first bet wins, you aren’t eligible for the risk-free bet. Because you lost, BetMGM will credit your account $500.
This is where the sportsbook bonus kicks in.