The Sportsbook Bonus System
One of the major sales tactics in the online gambling business is the
bonus, where a site gives out a portion of free money in hopes of enticing more customers to
use their sportsbook. However, before you start doing naked cartwheels and praising the
benefits of free market competition, you may want to take a few precautionary measures before
investing in a sportsbook.
Read the Sportsbook Bonus Fine Print
In Vegas, you can get comped with anything from drinks and a room to front row at the latest
Celine Dion concert. Celine, baby! Yeah! And Carrot Top! Tell me you'íre not excited about
that! How does that song go? Near, far, whereeeeever you are!
In any case, rather than put a
virtual Celine on your desktop, internet sportsbooks
choose to comp their
players with cold hard cash. However, all of these bonuses, and I mean all, come with their
own fine print as to what conditions need to be met before they can be awarded or withdrawn.
For example, a site may offer an additional 10% on all deposits, but the
you deposit has to be wagered
in full before the
10% bonus is eligible. Which makes sense, otherwise people would just
deposit and withdraw immediately without even betting. Some sites make
you wager the amount fifteen or twenty times before you can even see the
bonus. Also beware of sites that don't award bonuses
right away. Anything that requires an email to somebody is already more work than should be
required. After all, we use the internet because we're lazy and a good
sportsbook respects that.
The best sites to use are ones that employ reload bonuses or specialty
bonuses like 5% on Thursday deposits. If you're planning on
gambling for the duration, you want a site that rewards you every time you
deposit, not one that gives you 20% the first time and nothing after that. It's like in the movie
"Clerks." Do you want a girl that brings you lasagna to work every day or one that you know is
going to leave you after a few good times?
When to Avoid a Sportsbook Bonus
Anything higher than twenty percent starts getting into the "What are they doing?" territory, which
brings you to the "Maybe they know exactly what they're doing" territory, which leads to the
eventual "I know they know exactly what they're doing" conclusion. If you couple these
impossible bonuses with crazy lines like Eagles +49 and one half against the
Barcelona Dragons, you know the site is in all likelihood a scam. If you're still enamored with
the possibility of such easy payouts, then try depositing a small amount of money and seeing
how easy it is to withdraw. Chances are you won't see the money until the year 2092. Unless,
of course, they know that you know they know exactly what you're doing. Then they're baiting
you for a bigger payout. In other words, it might be wise to just stay away from those
sportsbooks all together.