A sports betting deposit bonus is an enticing offer provided by sportsbooks to attract new customers and reward existing ones. Typically, it matches a percentage of the initial deposit, allowing bettors to have extra funds to wager on their favorite sports. For example, a 100% deposit bonus up to $200 means that if you deposit $200, you’ll receive an additional $200 in bonus funds. These bonuses often come with specific wagering requirements, so it's essential to read the terms and conditions before claiming. Overall, they enhance the betting experience by providing more opportunities to win.