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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.
Greed leads to losses almost always! Every gambler has made a wrong decision in the past that left them feeling hard. Chasing losses is when you bet on an outcome with heavy odds to win back your money, one of the most dangerous habits for sports gamblers. It leads to long losing streaks and expensive mistakes.
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    For example, Bet365 was taken to court for refusing to pay over 1 million in winnings to a horse bettor in Northern Ireland in 2024. The company refused a payout of 54,000 to a customer in England in 2024, a case which was still ongoing in 2024.
    There are several reasons why bet365 accounts can be restricted, including matched betting, unreasonable betting behaviour, GamStop (self-exclusion), and exploitation of bonuses.
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