It’s purely and simply a free gift you receive for creating an account with the sportsbook. With this kind of bonus, you won’t have to deposit or wager a cent. This is where a no deposit free bet stands apart. Note that in both these cases, some of your money will have to be spent in order to unlock the free bet offer. Risk-free bets, where you’ll get your wager back in the form of free bet credits in the event of a losing bet – you can think of it as a kind of bet insurance.Free bet welcome bonuses, where the sportsbook will credit your account with a certain amount when you make a first deposit or a qualifying first bet.There are various kinds of free bets available these days, including: This means that you have the chance to win a profit if you get lucky with the bet, without risking any of your own cash. With a free bet, you’re able to place your wager using bonus funds given to you by the sportsbook. You may already be familiar with free bets, and they are largely self-explanatory.

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