Well, aside from the fact that a no deposit bonus is often a part of the welcome bonus packages there are some key aspects to look at. A no deposit bonus doesn’t need any real money commitment from a player to claim. However, a welcome bonus as we have come to know it, is given when a new player signs up for an online casino. This can be either a matched bonus or a no deposit bonus. A matched welcome bonus, however, requires you to make a deposit to claim the money. However, with both a first deposit welcome bonus and a no deposit bonus, to withdraw games bonus money you will need to fulfil wagering requirements within the set time limit.