A $200 no deposit bonus is a promotional offer from online casinos or sportsbooks that allows new players to try out games or betting options without having to make an initial deposit. This bonus provides a risk-free opportunity to explore the platform, potentially win real money, and experience the excitement of gambling. Players typically need to register for an account to claim the bonus, which can be used on various games or bets, subject to specific terms and conditions. It's an enticing way to attract new customers and enhance their gaming experience.