The whole thing is the context of bonus wagering. The above example would be considered as a low risk wager, because you can only lose $6 although you have $206 on the table. You are not really risking $206.
The best example is putting the same amount, say $1 on every number. You "wager" $37 and are guaranteed to win $36.
Let's say Intercasino is offering $100 bonus with $2500 wagering requirement. If playing roulette and covering all the numbers counted towards the wagering requirements, you could put $1 on all numbers 68 times (68*37=2516) to satisfy the WR and take home $100-$68=$32 profit without any risk. Hence the term "no-risk" wager.
You can do similar things with craps, baccarat and sic bo, this is why they are usually excluded if you are playing with a bonus.
"The voice of reason"
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