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

Staff Writer

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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

Looking to find the best bet on William Hill? Check out OddsShopper to find high expected ROI bets from our team of data scientists to help maximize your return.

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.

Site Type States Deposit Required for Max Bonus Rules Playthrough Required for Max Bonus Max Bonus avg rake Rake Free EV (break even bettor) Rake EV Rake Free ROI Rake ROI Optimal Strategy
William Hill Risk free bet NJ, WV, CO, IN, IL, MI, IA, VA, TN $1,000.00 Odds longer than -500 n/a $1,000.00 4% <$300 <$288 100% 96% $300 bet on longest odds possible. This is in order to maximize the expect value of the refund when you lose a bet.

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