A No Deposit Bonus in sports betting is an enticing offer that allows players to place bets without having to deposit their own money first. This type of bonus is typically provided by online sportsbooks to attract new customers, giving them a chance to explore the platform and potentially win real money. With a No Deposit Bonus, bettors can test their strategies and experience the thrill of wagering without financial risk. However, it's essential to read the terms and conditions, as these bonuses often come with specific wagering requirements and restrictions.