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A sports betting first deposit bonus is an enticing offer provided by online sportsbooks to attract new customers. Typically, it matches a percentage of the initial deposit, allowing bettors to start with extra funds to wager on their favorite sports. For example, a 100% bonus up to $200 means that if you deposit $200, you’ll receive an additional $200 in bonus funds. This incentive not only enhances the betting experience but also increases the potential for winning, making it a popular choice for newcomers looking to explore the world of sports betting.