Should You take a Bonus on Your next Sportsbook Deposit?
Sportsbook bonuses are those time honored traditions that online bookmakers have been offering for more than 25 years. There is always great debate about them and if they are really worth your time and money. There is a simple reason that bookies offer them, they want to retain your business. There is a lot of competition between bookies and a new sportsbook pops up almost daily.
There is a common misconception about bonuses that you should be aware of. The misconception is the idea that bookies offer bonuses so that in turn, they hook you with rollover and this puts them in the drivers seat when it comes to payouts. Look, there are honest online bookies and there are dishonest ones. The first thing you must do is find a few great online bookmakers. Find the ones that come with a top notch reputation for honesty and transparency and one that is willing to tell you what their rollover is and how it works. We all know that nothing in life is free. When bookies offer you money to beat them with, you must pay it back at some point. They have extended you a short term loan and if you win, then you must pay them back with what’s called rollover or playthrough.
Here is another misconception; you will never get the rollover paid off. This is not true whatsoever. Obviously, the key to paying off rollovers is winning the first few bets. If you win, that money turns to cash and then most of what you bet from cash goes directly against the rollover. You are already ahead of the game. If you have bad luck out of the gate and start out losing your first few bets, you could be in trouble. This happens to the best of the best, it’s why they call it a gamble. There is a silver lining… If you lose your money and bust out completely, there is no more rollover. You start from ground zero and work your way back into the winners circle. If you are winning and you won off of bonus money, what difference does rollover make? Absolutely none. You’re thrilled to be winning money.
Bonuses are not for every player and there is certainly a good reason to have more than one online sportsbook. You should have two or three solely for bonuses. With the bonus bookies, you know that you need to complete the rollover if you are winning, you will not be able to take a payout until you do so. You should also have two or three bookies for cash only. These are the books that if you win, the money is available for the taking at any time. Always have both, smart gamblers have several and they make a lot of money betting this way.
Overall, sportsbook bonuses are a great idea. Why not beat the bookie with his own money? There isn’t a better feeling in the world than cashing in on someone else’s dime. Find a great handicapper to help you and start making great picks that win money. There are a ton of fantastic handicappers online and there are even websites dedicated to offering all of the top handicappers in the world. Sign up for a free trial and start winning big. Use the bonus money to your advantage and use it against the bookie.
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