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A No Deposit Referral Bonus is an enticing promotional offer often used by online casinos and gaming platforms to attract new players. This bonus allows existing users to refer friends without requiring the new player to make an initial deposit. Once the referred friend signs up and meets specific criteria, both the referrer and the new player receive a bonus, such as free spins or bonus cash. This incentive not only rewards loyal customers but also helps expand the platform's user base, creating a win-win situation for both parties involved.