A sportsbook deposit bonus code is a promotional tool offered by online betting platforms to attract new customers and reward existing ones. By entering a specific code during the deposit process, users can unlock various bonuses, such as free bets or matched deposits, enhancing their betting experience. These bonuses often come with terms and conditions, including wagering requirements, so it's essential to read the fine print. Utilizing a deposit bonus code can provide bettors with extra funds to explore different betting options and increase their chances of winning.