Deposit bonus betting is a popular promotional strategy used by online sportsbooks and casinos to attract new players. When users make their initial deposit, they receive a bonus amount, often a percentage of the deposit, which can be used to place bets or play games. This incentive not only enhances the player's bankroll but also encourages them to explore various betting options. However, it's essential to read the terms and conditions, as these bonuses often come with wagering requirements that must be met before any winnings can be withdrawn.