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Deposit bonuses are incentives offered by online casinos, sports betting sites, and other types of gambling platforms to encourage new users to sign up and make a deposit. Essentially, when a user makes a deposit, they receive bonus funds from the platform on top of their original deposit. The bonus funds are typically a percentage of the original deposit, up to a certain limit.
Some common features of deposit bonuses include:
- Match percentage: This is the percentage of the deposit that the platform will match. For example, if a platform offers a 100% match bonus up to $100, a user who deposits $100 will receive an additional $100 in bonus funds.
- Wagering requirements: These are the number of times that users must wager their bonus funds before they can withdraw any winnings.
- Time limit: This is the amount of time that users have to use their bonus funds before they expire.
- Game restrictions: Some platforms may restrict the games that users can play with their bonus funds.