I’ll be honest here. I don’t really bet on sports much.
Though it always makes sense to try this line of work instead of flushing the money down the toilet on slots.
For one, the dreaded rollover requirements; should one take the bonus are way more humanly doable.
Second, the chances of getting shafted due the unprovable machinations of rigged slot machines and robot-run blackjack tables are close to none.
But still, people tend to do the casinos more than sports.
The talent levels to do good at sports betting, consistently, need to be high enough.
Most don’t have the time or the money to make it a profession.
A few odd bets during the NFL or NBA seasons are what the majority prefer anyway.
And slots don’t really need a genius to operate.
All you do is to keep pressing the button and expect the candies and trinklets on the screen to make your day.
People do like the free money.
I mean I do. Sports or Casino, don’t matter.
But, it comes with a price.
The rollover or playthrough as they call it.
The objective is to allot the player some free money and attach an impediment in the form of huge amounts of playthrough, before any winnings can be withdrawn.
Sure. You and I can’t dispute it.
We are after all using the bookie’s funds to bet on our fortunes.
You and I surely don’t expect them to wire out $10k won on a Tennis match, on $500 that aren’t ours to begin with.
It’s a clever marketing tactic, nothing else, but still good enough to give you a total buzz, increased play time without having to lose your wallet to the house.
The reasons for complaining are slim.
And any fuss created by people around bonuses is autocratically retarded.
No sir, you aren’t allowed to do that.
Principles can make their new home in the dumpster.
The trick is to bet on the underdogs to quickly sort out MyBookie’s rollover sheet
At least this is what I’ve observed.
I’m not spitting on the ethics of its competitors like Bovada or BetOnline.
Both are great offshore brands the way they are.
Heck, even BookMaker.eu, a slowly dying relic can be trusted with our eyes closed when it comes to them standing by their word.
These places may push out stupid rules here and there, but are still solid brands with decades of honest behavior as an evidence, backing them up.
MyBookie has feasible playthrough volume requirements for its sports promo code MB100, which is basically a 100% first-deposit match up to $1,000 and they also add in a bit of sugar by giving away $10 in free chip.
For sports free play it’s got a 10X (I don’t think it’s bad) rollover and 20X for the free chip.
So, say you drop $1,000, you’d get $2,000 in your total balance with a combined sports rollover value of $20k ($2,000 x 10).
I know from the looks of it, $20,000 looks like a ginormous feat to complete, but you have to remember that if you play wisely, using pro-methods, practice the golden rules of risk management, don’t rage bet after a losing streak, you’re bound to hit one or two big ones within the $2,000 balance.
In a worst case scenario; you could lose all the bets (totally common).
So, what? your lose is $1000 and it’s gambling. You would have lost it anyway in the long haul of things.
But, say if you hit a few underdogs under parlays, teasers or even straights at +300 or above odds, not only you’ll easily cover the rollover but also go home blazing with some nice chunk of change.
In sports and poker, for example, it’s much more achievable than pressing that spin button hundreds of times on a slot machine.
Since MyBookie has set different standards of what counts towards playthrough, lower risk or the total won amount, the chances of getting it done through smart betting on the underdogs gets you through the hurdles faster.
Here’s what their rollover rules say:
For winning wagers, rollover is accumulated based on the lower risk or win amount. Meaning, if you bet on a favorite (-101 odds or more), your win amount is what counts towards rollover. If you bet $100 at -1000 odds, you get $10 counted towards your rollover.
If you bet on an underdog (+100 or lower), then your risk amount is counted. If you bet $100 at +200 odds, you get $100 counted towards the rollover.
If your wager happens to lose, we will count the full risk amount regardless of the odds attached; meaning that a $100 bet at -1000 odds will count as $100 towards your rollover requirement, should it lose.
You see the newbies, especially the frustrated ones, who get trapped into the bonus conundrum make the classic mistake of going all in for all forms probabilities.
And their anger gets an exponential boost after losing two to three bets in a row.
It’s kind of like amateur stock or crypto trading, small losses sire even bigger losses.
You see you don’t have to bet Nikola Jokic of scoring 29+ points, 18+ rebounds, and 16+ assists in a game, but instead strategically direct your focus on the underdogs on say the Detroit Pistons, find their good spots and potentials and then hedge your bets on that.
Chances are you will hit a big one once every 3rd or 4th attempt, covering your previous duds and also covering the dollar value of the rollover.
Granted, I have really simplified the whole process.
The real world is not as black and white, but you can gather the gist of what I’m saying.
Your ability to stay in the game long enough to be able to defeat the sportsbook in its own bonus game is probably worth a lot more in my eyes than showing off your prediction skills and picks.
If you can beat a bookie in its own backyard, then chances are high, your caliber can prove its mettle in the general sports betting arena too.
Practicing patience and being slightly smarter is all the alpha one needs to drill down these 10X and 20X rollovers, while cashing in on the wins scored on the debit’s side of your very own bookie’s balance sheet.