Enjoy the excitement of sports betting but don’t want to put your hard-earned money on the line? The best option might be to take advantage of free bets that don’t involve a deposit. With these wagers, you can place bets with no initial financial commitment through online sportsbooks. How Can I Use My Free Bet? The basic idea of a no deposit free bet is similar to receiving a free lottery ticket. You can wager on a variety of events or markets with the little sum (often $5 to $10) that the sportsbook deposits into your account. The Catch, If …