Wednesday, November 4, 2009

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I've been doing some research with sportsbook promo codes, and I think that you can use them to make money.
PREMISE: Use a good handicapper to put odds of winning money in your favor by attempting to "steal" the bonus money offered by sportsbook promo codes. Use the sportsbook promo codes "loophole" in the rules to EARN lots of cash
Example: Here is a typical bonus offered by sportsbook promo codes & buy $100, get $100 free for a total of $200. The minimum wager requirement is usually something like 10x. 10 x wager requirements means you have to wager a total of $2000 dollars (10x $100 bonus plus 10x $100 deposit) in total bets. Don’t worry, it's not that hard to meet these wager requirements because ALL bets count towards the requirement, wins AND losses.

The edge at an online sportsbook is usually extremely thin and depends on them properly figuring out the odds of the all teams winning. Let's pretend that the casino wins $100.40 for every $100 in bests made. This puts their "house edge" at 0.40%. &$2000 x 0.40% is $8.00 (Remember, this is 0.40%, LESS than 1.0%). That’s the amount you are predicted to lose if you follow the strategy card and make wagers on Bell fever slots totaling $2000.Subtract the $8 from the free $100 in bonus money the casino gave you and your profits total an amazing $92. Don't understand?
What's The Catch? The online sportsbooks simply don't believe you will follow all these steps to win money. Either you won't make good bets (betting on your favorite team even if they're on a horrible losing streak), and that you'll keep on playing after meeting the wager requirements, or you'll try other sports. Prove them wrong! Be smart, follow the steps.

Why does it Work? Because the sportsbooks give you sportsbook promo codes that let you get FREE money to start playing. Although the point spread might be in the casino's favor, I think you can still win with a good handicapper. The odds of winning money at the casino are in YOUR favor if you follow these steps: make good bets, and bet small.

Bottom Line? It's sure easier to win if you use sportsbook promo codes to get a few hundred dollars. This will have an edge over the casinos and you should win money. From my calculations, you will have an 82% chance of beating the casino. The average player will win at least $90 per casino under these rules and strategy.

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[Via Recreation & Sports]

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