A best sports betting deposit bonus is an enticing offer provided by sportsbooks to attract new customers and reward existing ones. Typically, this bonus matches a percentage of the initial deposit, allowing bettors to maximize their wagering potential. For example, a 100% deposit bonus up to $200 means that if you deposit $200, you receive an additional $200 in bonus funds. These bonuses often come with specific terms, such as minimum odds and wagering requirements, so it's essential to read the fine print. Overall, a deposit bonus can significantly enhance your betting experience and increase your chances of winning.