One thing anyone taking a bet should know is that some days won't have any favorable betting matchups, so it's better to avoid those days and wait for other opportunities. If you want to give yourself the best chance of avoiding losing any bets, being patient and avoid overshooting is a fantastic strategy to practice.

To make a no-risk bet, one would typically follow these steps:

1
Find a bookmaker offering a free bet or incentive for new customers.
2
Place a qualifying bet with the bookmaker using your own funds.
3
Place a corresponding lay bet on a betting exchange to cover the opposite outcome.