No Wager Deposit Bonus Explained: A no wager deposit bonus is a type of promotional offer from online casinos that allows players to receive bonus funds or free spins without the requirement of wagering any of their winnings. This means that players can withdraw their winnings immediately without having to meet specific playthrough conditions. Typically, these bonuses are designed to attract new players and provide them with a risk-free opportunity to explore the casino's games. However, it's essential to read the terms and conditions, as there may be limits on withdrawal amounts or eligible games.