Questions about clearing signup bonuses
 

First off I apologize for the newbiness of the questions. I have done extensive searching and have answered many of my rookie questions already. I would like to engage in sports betting clearing signup and reload bonuses and build a bank roll risk free. I have about $10,000 in poker money I can use for this. Here are my questions. Thanks in advance for all of your help out there.

1. When a site offers a bonus, it mentions how often the deposit has to be rolled over. What happens if you bet all of your deposit and lose it before rolling it over enough times?
2. How do most of you make your wagers? My impression is that you use two sites and bet them against each other. optimally, you find two sites that have different spreads. If one site has the Steelers -3 and another has them -5, you bet both teams and hope the Steelers win by 4. When doing this, does the profit come from hitting the middle on occassion, and having the bonus more than cover the vig??

3. How much could I make starting with a modest $10,000 bank roll, betting at a mediocre level of skill (I'm new, but do my research)

Thanks for any suggestions, tips, etc.

Re: Questions about clearing signup bonuses
 

[ QUOTE ]
First off I apologize for the newbiness of the questions. I have done extensive searching and have answered many of my rookie questions already. I would like to engage in sports betting clearing signup and reload bonuses and build a bank roll risk free. I have about $10,000 in poker money I can use for this. Here are my questions. Thanks in advance for all of your help out there.

1. When a site offers a bonus, it mentions how often the deposit has to be rolled over. What happens if you bet all of your deposit and lose it before rolling it over enough times?
2. How do most of you make your wagers? My impression is that you use two sites and bet them against each other. optimally, you find two sites that have different spreads. If one site has the Steelers -3 and another has them -5, you bet both teams and hope the Steelers win by 4. When doing this, does the profit come from hitting the middle on occassion, and having the bonus more than cover the vig??

3. How much could I make starting with a modest $10,000 bank roll, betting at a mediocre level of skill (I'm new, but do my research)

Thanks for any suggestions, tips, etc.

[/ QUOTE ]

1. losing at the bonus book on the first bet is the goal of any bonus buster. no more WR and the bonus money is realized immediately. then u can move to the next book.

2. yes, u bet opposite sides of the game at different books. middles are not that common and most of the time the spread will have to be identical.

3. as i said, u will not be finding that many middles available without opening one side and waiting for the line to move and creating a middle, but occassionally they are there. when they are, u have to determine if the juice u are paying is too high to mathematically justify the shot at the middle. when u start out, just concentrate on busting bonuses and after getting your experience there, then u can start trying for middles

4. with about $10,000 and your current skill level i would say u could probably make about $200-$250 per week on average. u have to keep some of your roll liquid in case the bonus book keeps winning as u are fulfilling WR. then as your roll builds, u can go after larger bonuses and trying for shots at middles and increase your earn rate

Re: Questions about clearing signup bonuses
 

Has there ever been a Homer-esque type of post on sports book bonus clearing/whoring?

Re: Questions about clearing signup bonuses
 

WR doesnt carryover at say Bodog and sportsbook?

-SFWUSC

Re: Questions about clearing signup bonuses
 

If you bust at Bodog you can start fresh on your new bonus. Some places may require you to deposit an amount equivilent to your winnings to get a new bonus. It will vary book to book. The major books for the most part, do not require any WR on an older bonus if it was not completed the first time around.