Matched Deposit Bonus is a popular promotional offer used by online casinos and sportsbooks to attract new players. This bonus allows users to receive a percentage of their initial deposit matched by the casino, effectively doubling their bankroll. For example, if a player deposits $100 and the casino offers a 100% match, they will receive an additional $100 in bonus funds. This incentive not only enhances the gaming experience but also provides players with more opportunities to explore various games and betting options. Always check the terms and conditions to maximize your benefits.