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  #1  
Old 05-09-2006, 07:40 AM
1234567 1234567 is offline
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Join Date: May 2006
Posts: 11
Default Sports Book Boni where u only need to wager the bonus ammount

Hi there
I recently recieved a bonus from gamebookers.at .
New Customers recieved a 100 % match bonus for a deposit of 30 € ( 30 € bonus ) the bonus ammount needs to be wagered 3 times before cashing out ( = f.e. one bet for 90 € ) .

Now i wanted to do some similiar boni . The first site i looked at was "5dimes" . They offer a 20 % Neteller bonus up to 1000 $ BUT u have to wager your initial deposit 5 times and NOT just the bonus ammount . Means for a 100 $ bonus ( 500 $ ) deposit u need to wager 2500 $ .

So what im asking here for is sportsbook boni where u need to wager the bonus ammount or wich are similiar to the gamebookers example above .

Tyvm , Pete
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  #2  
Old 05-09-2006, 05:54 PM
ETH365 ETH365 is offline
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Join Date: Oct 2005
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Default Re: Sports Book Boni where u only need to wager the bonus ammount

Dont bother signing up at 5dimes. The bonus is not a cash bonus, it is a 'freeplay' bonus. This means that when you wager your 'free bet' and win, you only get the amount of the bet back, not the amount the wager+the bet like you would if you had placed a normal wager. In addition to that, thier prices are terrible, making you lay -110 or worse on everything.

Pinnacle is the best book out there hands down with -105 style pricing. However, I would not recommend that you deposit there until you can get the max bonus.

You may wish to check out www.biggerbonus.com, they give you an extra 50$ on top of the regular bonus for many sportsbooks. I just signed up to vipsports through them, and ended up getting a free 50$ future wager, free 50$ horse bet, 100$ cash bonus from them, and 50$ cash bonus from biggerbonus off of a 500$ deposit.

Another worthwhile one i did awhile back was sportbet. If i remember correctly it was a 150$ cash bonus from a 300$ deposit. I believe it was 7x d+b, which is not bad at all for a 50% bonus.

Hope this helps, good luck.
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  #3  
Old 05-09-2006, 06:09 PM
Homer Homer is offline
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Join Date: Sep 2002
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Default Re: Sports Book Boni where u only need to wager the bonus ammount

[ QUOTE ]
Dont bother signing up at 5dimes. The bonus is not a cash bonus, it is a 'freeplay' bonus. This means that when you wager your 'free bet' and win, you only get the amount of the bet back, not the amount the wager+the bet like you would if you had placed a normal wager. In addition to that, thier prices are terrible, making you lay -110 or worse on everything.

Pinnacle is the best book out there hands down with -105 style pricing. However, I would not recommend that you deposit there until you can get the max bonus.

You may wish to check out www.biggerbonus.com, they give you an extra 50$ on top of the regular bonus for many sportsbooks. I just signed up to vipsports through them, and ended up getting a free 50$ future wager, free 50$ horse bet, 100$ cash bonus from them, and 50$ cash bonus from biggerbonus off of a 500$ deposit.

Another worthwhile one i did awhile back was sportbet. If i remember correctly it was a 150$ cash bonus from a 300$ deposit. I believe it was 7x d+b, which is not bad at all for a 50% bonus.

Hope this helps, good luck.

[/ QUOTE ]

#1 -- It doesn't take very long to arb off $25k to get the $1k freeplay bonus. It's very easy to find arbs on their baseball lines.

#2 -- There is an easy strategy for locking in a profit on a freeplay bonus of around 75% of its value. All you have to do is bet a huge dog and balance it out somewhere like Pinny. Something like a +400/-420, which isn't hard to find, results in 76.9% return of the bonus amount.
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  #4  
Old 05-09-2006, 07:03 PM
Thremp Thremp is offline
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Default Re: Sports Book Boni where u only need to wager the bonus ammount

Homer,

Explain the mechanics a bit more?
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  #5  
Old 05-09-2006, 07:18 PM
Homer Homer is offline
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Default Re: Sports Book Boni where u only need to wager the bonus ammount

[ QUOTE ]
Homer,

Explain the mechanics a bit more?

[/ QUOTE ]

Basically, assuming you can find a no-vig arb, your EV is freeplay amount times risk of ruin (ROR in this case being the probability of not winning the freeplay bet). So, for example, if I have a $1000 freeplay at 5Dimes and I find a +400/-400, my EV is $800 since I have an 80% chance of losing the +400 bet at 5Dimes. In practice, you're not going to find completely offsetting arbs with huge favorites/dogs, so you're going to make a bit less since you're going to be paying the difference in juice.

I made a freeplay calculator in Excel where I enter the freeplay amount and the two lines and then click on a button that runs a solver macro (because I'm too lazy to enter formulas) to tell me how much to bet at the other book. For example, if I find a +400/-420, it tells me to bet $3231 to win $769 at the other book (and of course I'll be betting $1000 to win $4000 at 5Dimes). No matter the outcome, I'll net $769.

-- Homer
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