For sports gamblers the world over the time is now. This is the busy season. There is only one major sport going away and that’s baseball. The good news for baseball fans, the playoffs start in less than two weeks. This years version of the MLB playoffs are going to be better than ever before and as of today, we still can’t say for certain who is in and who is out. The Indians and the Red Sox are for sure in. Every other division in baseball is still unknown and every pitch and every hit from here on out counts. Now is not only the time to get a great sportsbook for the playoffs, but a great bonus as well. Get in with a great players bonus now, so that you can use it for every sport, this is the strategy for smart players.
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When you take a 100% or a 150% or any percentage of a deposit bonus, how does it work? What are the rules and how does one repay the bonus money?
These are great questions that many players often confuse and they simply may not know because they don’t take the time to read the rules and conditions of the sportsbook in which they are doing business with. Reading the rules is priority number one. Find a great online sports book that comes with a great reputation and read their bonus and rollover rules. Do not deposit with them before reading the rules and understanding exactly what you are signing up for. This is your money, not theirs! If you feel more comfortable calling them and asking them exactly what their rules are, then by all means pick up the phone and have that conversation. The online sportsbooks that cater to American players, they have a toll free number that can be accessed from the United States.
Example of how a bonus works:
You decide that you want to deposit $100 and you also want to take the 100% player bonus. The $100 that you deposited is in your cash account and you may play that $100 any way you chose to do so. When you win, the amount wagered and winnings go back into your cash balance and you have that much more available to continue betting with.
Example: Green Bay Packers vs Washington Redskins— Packers -3 Even Money
This bet means that if you bet on the Packers to win the game, they must win by -3 in order to “push” and get your money back. If they win by 4 or more, then you have won the bet. Had you bet the $100 in cash on the Packer and they win by 4 or more— you have won $100 plus the amount wagered– $100 for a total return to your cash account of $200. You now have $200 in your cash account for you to wager with, however you chose.
The Bonus money that you elected to take is still in the bonus account, which you can plainly see right near your cash balance. For this example, let’s say that you decided to play the bonus money on the Packers as well. You played the $100 on the packers at -3 and they won. This means that you have won $100. Because you were playing with bonus money that was not from your deposit, the bonus of $100 goes away. The $100 that you won is deposited into your cash account and you now have $300 in your cash account to wager with however you chose. There is no more bonus money.
In order to take a bonus (money that the bookie give you to beat them with) you must agree to pay them back. It’s akin to a short term loan. The way most online sports books work is like this:
$100 cash deposit + $100 bonus = $200 X 10 = $2,000
On a $100% bonus, most online bookies charge a 10 X rollover. The less of a bonus that you take = less rollover, IE. A 90 % bonus = a 9 X rollover, but always DEPOSIT + MATCHING OR LESS OF A BONUS X ROLLOVER AMOUNT. You must complete this rollover before taking a payout from your bookmaker. This is how virtually every online bookie works.
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Bonuses can certainly make you money if you play them right and get some solid gambling advice. Find a great sports handicapping service and beat the bookies at their own game. With the NFL, NCAA, MLB Playoffs, the NHL and the NBA all coming up or in progress, you must make a bonus work for you. Good luck, take that $300 and turn it into $3,000!