Abstract: An archery bow riser having an elongated central body and two opposing arms attached at the far end of the central body and extending outwards to attach opposing bow limbs. The central body having a stabilizer tube support channel extending along a portion of the body, to which is fitted a stabilizer tube. The stabilizer tube slidably engaging the stabilizer channel, the stabilizer tube and channel having cooperating locking means to lock the tube in the channel in a full draw position. The riser having a draw handle design comprising two half handles. The half handles, when drawn and held together after stabilizer tube to channel lock, maintain the bow string at full draw tension. The riser having a plurality of mounting positions for an adjustable front handle. The adjustable front handle providing universal fit of the riser to a variety of users. The in close riser design providing improved balance. The riser body together with the stabilizer tube and channel providing improved stability and accuracy.