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A sportsbook free bet is a promotional offer provided by online betting platforms, allowing users to place a wager without risking their own money. Typically, these free bets are awarded to new customers upon signing up or as part of ongoing promotions for existing users. If the bet wins, the bettor receives the winnings, but the initial stake is not returned. Free bets are an excellent way for bettors to explore different markets and strategies while minimizing financial risk, making them a popular choice among sports enthusiasts looking to enhance their betting experience.