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. 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.