The two most powerful words in the English dictionary might be “free” and “money.” No matter what income bracket you reside in, those two words repeated back-to-back are sure to grab your attention almost immediately.

Online betting sites and sportsbooks know the allure of those two words all too well. Head to any website and seeing “free money” advertised is all but guaranteed. The advertising isn’t subtle, either, they’re shoving it down your throat with terms like “match bonus” and “up to (insert dollar figure here) in free play.”

So what does it all mean? We keep putting quotation marks around “free money” because it’s not completely free — you’ve probably lived long enough to know very few things in life truly are free. After all, things that sound too good to be true typically are.

There’s one exception to that rule, however: the completely free sports bet no deposit. As the name implies, this is a wager that is completely on the house. You win, you’re now playing with house money. You lose, and well, you didn’t actually lose anything. It’s the zero-risk factor that makes a no deposit bonus sportsbook the “holy grail” bonus of all bonuses.

Most bonuses nowadays are initial deposit sign-up bonuses. This will net you free money, but only AFTER you’ve deposited your own money into your betting account first. This differs from the free sports betting no deposit bonus that we’re talking about because you actually need skin in the game to redeem that bonus.

Over the course of this guide, we’ll dispel the myths about free bet offers — are they real (spoiler: yes), how do they work, what betting websites free bets no deposits are out there, and a whole lot more!