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A 100% deposit bonus is a promotional offer commonly used by online casinos and sportsbooks, where the operator matches a player's initial deposit amount, effectively doubling their funds. For example, if a player deposits $100, they receive an additional $100 in bonus funds, giving them a total of $200 to play with. This bonus often comes with specific wagering requirements, meaning players must bet a certain amount before they can withdraw any winnings derived from the bonus. It's a popular incentive to attract new customers and enhance their gaming experience.
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