Wiilliam Hill Sign-Up Bonus: How to Best Take Advantage of your RISK FREE BET and MAXIMIZE ROI

Type of Bonus

Risk Free Bet of up to $300

Type of Bet

Single Bet

Optimal Strategy

$300 bet on longest odds possible (-500). This is in order to maximize the expected value of the refund when you lose a bet.

Theory Behind Optimal Strategy

The theory here is that for a risk-free bet you should maximize upside rather than opting for safety. If you bet $100 at -10000 to win $101, your free bet will only net you a positive gain of $1, and if you lose your bet, you get your $100 back. So the binary outcomes are $100 (loss, free bet cost replaced) and $101 (win). However, if you bet $100 at +1000 to win $1,100 your outcomes are $100 (loss, free bet cost replaced) or $1,100 (win).

OddsShopper

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States Legal

NJ, WV, CO, IN, IL, MI, IA, VA, TN

Deposit Required for Maximum

$300

Playthrough Required

Not required

*A playthrough, also known as a rollover or wager requirement, details how many times a person has to wager their bonus amount before they can withdraw funds. For example, a 5x rollover requirement means a bettor would have to wager their deposit and bonus amount five times before they could withdraw.