A No Deposit Betting Bonus is a promotional offer provided by online sportsbooks that allows new users to place bets without having to make an initial deposit. This enticing incentive enables bettors to explore the platform and try out various betting options risk-free. Typically, the bonus comes in the form of free bets or bonus cash, which can be used on specific markets. It's an excellent way for newcomers to familiarize themselves with the betting experience while potentially winning real money, making it a popular choice among sports enthusiasts.