Deposit bonuses at sportsbooks are promotional offers designed to attract new customers and reward existing ones. Typically, these bonuses match a percentage of the initial deposit, allowing bettors to start with 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. However, these bonuses often come with specific wagering requirements that must be met before withdrawing any winnings. Overall, deposit bonuses enhance the betting experience by providing more opportunities to win.