Recently, the U.S. repealed PASPA which has allowed each state to legalize online sports betting on its own terms. Alaska is one of the newer states legalizing online betting, which means it can be hard to know where to play. This is especially the case as there are a growing number of sportsbooks to choose from.

One way to choose between the different sportsbooks is by simply looking at the bonuses on offer. Risk-free bets in Alaska are a great way to get ahead. With that in mind, we’re going to look at what they offer and how you can claim them right here.

How do risk-free bets in Alaska work?

A risk-free bet is a bet that gives you a second chance if you lose the first time around. However, you do need to place a real-money bet first, which means making a deposit with your own funds. If you place a bet, and it wins, then you simply get the winnings added to your account, and there’s nothing extra you gain.

But, should your initial risk-free bet lose, then the AK sportsbook will refund the stake value. This is awarded to your account as bonus credit or a free bet. Because of this, you cannot withdraw these funds again, but have to place them as a real-money bet. If you do win this second bet, then you get to keep the winnings.

However, it is important to be aware of the fact that risk-free bets in Alaska always come with specific terms and conditions. These will include things like limiting the bet size or bet type you can place when using this bonus. Additionally, you might find that there is a timeframe in which to use this bonus offer. If you don’t complete the conditions before the timeframe is up, you risk losing the bet bonus and any winnings you might have gained. Importantly, there are usually wagering requirements in place too if you do win. This goes for the win on the initial bet too. You will need to play through your winnings the specified number of times before you can make a withdrawal. Failing to meet any requirements will mean you can’t claim your winnings.

How to get free-bets at Alaska sportsbooks

If you like the look of risk-free bets in Alaska, then it’s important to know how to claim them. Follow the simple guide below to get started:

  1. Take a look at our list of risk-free bets. Here we list all the top sports betting sites in Alaska that have risk-free bets on offer. Each sportsbook has been carefully vetted to make sure that it offers a strong platform across all features. Not only that, but we make sure that it is licensed and regulated within the state, and offers a range of top bonuses as well as risk-free bets. You can choose from this list here to know you’re getting the best risk-free bets in Alaska.
  2. Visit the sportsbook’s website or download the betting app. Once you have selected what AK online gambling site you wish to play at, you need to sign up. Do so by clicking the sign-up or register button. You will then be taken to a form that you need to fill out with all the requested details. This usually includes your name, email, address, DOB, SSN, and so on.
  3. Create an account. With all the details included, you can then accept any terms and conditions. Then, you can claim your risk-free bet and head to the banking section of the site. Most sites will have a number of different payment options available so that you can choose one that suits you.
  4. Play with your risk-free bet. Now you have funds in your account, you can apply them to the risk-free bet and get playing.

Sportsbooks in Alaska that may offer risk-free bets

Though only recently legal, there are already a number of top sportsbooks available in Alaska. Each of these offers something slightly different, so we have outlined their key characteristics right here.

  • FanDuel Alaska: This AK sportsbook started out as a fantasy sports platform. With the legalization of sports betting, FanDuel has branched out offering a strong sportsbook platform as well. The site has hundreds of different betting markets across more than 20 sports. And all of these sports are from both domestic and international leagues and events. Additionally, there are a number of strong bonuses available including risk-free bets.
  • PointsBet Alaska: Based out of Australia, PointsBet has swiftly made a name for itself in the states. Not only does it offer a great betting platform, but it has a wide array of sporting events to choose from. Where it really stands out is when it comes to the bets on offer. First, it offers the unique Pointsbetting option, but it also has a Name Your Bet feature too. And, there are tons of ongoing bonuses to keep all players happy.
  • DraftKings Alaska: Just like FanDuel, DraftKings began life as a daily fantasy sports site. Its sportsbook platform is now excellent though and has more than 20 different sports for betting. Additionally, the sportsbook has sports from around the world so that you can carefully choose the exact sport that meets your needs. Finally, there are a number of exciting bonuses to really propel your betting to the next level.
  • BetMGM Alaska: One of the biggest sportsbooks in the States, it’s also one of the most recognizable. There are so many sports on offer here as well as betting markets from around the globe. The betting app is also excellent and is very easy to get to grips with. In fact, it’s one of the best out there and perfect for new players as well as old. Rounding all of this out is the fact that there are some great bonuses to claim too.

Different types of risk-free bets in Alaska

If you are getting ready to claim a risk-free bet, then there are a number of different ways you can do so. This means it is very important to get to grips with the various options if you want to succeed with this bet type.

  • No deposit risk-free bet: For a true risk-free bet, this is the way to go. This means that you won’t have to make a deposit in order to claim this bet. Instead, the sportsbook will give you a small bet amount that is used to place the bet. This does mean that you are limited to the size of the bet and can’t really increase it easily. But, because you haven’t spent any of your own funds, it is possible to actually gain a profit from absolutely nothing.
  • Sign-up bonus risk-free bet: Usually, risk-free bets in Alaska are part of a welcome or sign-up offer. This means that they are often a lot larger than the bet bonuses you can expect to claim in other offers. Perfect for new players, the amount you can deposit to claim this risk-free bet is normally the biggest amount across all bonuses. As such, it’s well worth taking this type of bet, because even if you do lose the first bet, you do get that second chance bet as a strong backup option.
  • Matched deposit risk-free bet: This type of bet bonus is very commonly found online. However, this bonus does mean that you will need to make a deposit of your own funds if you want to claim it. The best part though is that you do get to double your bet size right from the outset. And, as such, it means you have a whole lot more to play with, even if you do lose that first bet.

FAQ

Do all sportsbooks in Alaska offer risk-free bets?

Most, but not all sportsbooks offer risk-free bets in Alaska. This is because each sportsbook is different and also changes its promotions relatively regularly. That being said, it is generally pretty common to find a risk-free bet on offer in Alaska, so you won't have to look far.

What is the catch with risk-free bets at AK betting sites?

The big catch is that you have to deposit and spend your own money first when you take on a risk-free bet. This does mean that should your second bet lose, you're actually out of pocket in the long run.

Should I always claim risk-free bets at AK sports betting sites?

Yes, you should claim risk-free bets in Alaska. This is because, even though you have to make a deposit initially, if you win, you can actually reap some big rewards. Even if you don't win, you get to place two bets on the sportsbook, which is invaluable in terms of getting to know what the sportsbook offers and how it works.