Monday, September 04, 2006

 

Sportbook sign-up bonuses

Thinking of capturing the sign on bonus at a book? Good-luck. They won't cheat you, but the odds are in their favor. Many books require you to roll your money over 5 times. Deposit $100. Place $500 in bets, and then you get to keep $10 to $20. The rules can impair your betting strategy, which in turn can lead you to beating up yourself.


Deposit $100 into 16 books (You veterans are pushing your luck trying to find 16 new accounts from stable books)

You now have 16 $110 to $120 accounts.

Place the full balance on one game with each book wager on a different event.

Assuming the law of averages are on your side. You will have 8 books which you lost to and no longer have a thing to worry about. With your other 8 books you now have a balance of upto to $229 per book.

Let the money roll again with on bet per book on a different event per book. Assuming the law of averages are playing fair again. You now have four books you don't have to worry about collecting from. The other four books now owe you $437 per book.

Lets repeat the process. Again with the law of averages being fair. You now have two books that you need no longer worry about, but will be very kind to you in one to two weeks. And two books that owe you $835.

Repeat the process again. You now have one book that owes you $1,595 and they will gladly pay you your $20 as part of that pay-off for you have rolled your money over enough to collect. Too bad you started with $1,600.00.

All the bonus money in the world won't save you if you have a losing record.

Does your book offer 1/2 point discounts on the line? Does your book offer reduced juice? Does your book increase payouts on horse races above and beyond that track's official payout? Does your book kick back loses once a month? Does book offer free bets on a regular basis? Does you book present enough betting option to where you can bet those odd events you have an edge on?

Bottom line is you need to win to collect. The book that gives you the greatest freedom to win may very well be better than the book that gives you $20.00





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