A $5 deposit bonus is a promotional offer commonly used by online casinos and betting sites to attract new players. By making a minimum deposit of just $5, users can receive additional bonus funds or free bets, enhancing their gaming experience without a significant financial commitment. This incentive allows players to explore various games or betting options while minimizing risk. It's an excellent opportunity for newcomers to test the waters and potentially win real money, making it a popular choice for those looking to start their online gaming journey.