linksjunkie
linksjunkie
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Joined: Feb 28, 2014
July 12th, 2022 at 3:42:50 PM permalink
Ohio sports books going live 1/1/2023

Looking for advice / input on bonus hunting. Understand the concept but no experience.

Lot of bonuses look to have (1x) play thru requirement. Loss rebate style bonus.

All advice appreciated.

Thank you.
Son you ain’t paying attention I’m cutting you but you ain’t bleeding - Foghorn Leghorn
lilredrooster
lilredrooster
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July 12th, 2022 at 4:17:15 PM permalink
Quote: linksjunkie

Ohio sports books going live 1/1/2023

Looking for advice / input on bonus hunting. Understand the concept but no experience.

Lot of bonuses look to have (1x) play thru requirement. Loss rebate style bonus.

All advice appreciated.

Thank you.
link to original post




before anybody can answer your question well they have to know some things about you

do you believe you can beat the books for real money if there were no bonuses_______? - have you been paper betting and are confident you can do that____?


if the answer is no then the best way to proceed is to bet the absolute minimum to get the bonus and to be sure that mathematically the bonus means that with average luck you would have an advantage - which is probable

then after you received the bonuses - and you want to bet recreationally - you should bet the absolute minimum that you can and still get some enjoyment out of it

how much would depend upon your financial situation and your risk tolerance

if betting with no edge is not what you want to do you can just leave with however much is in your account



if, on the other hand you do believe you have an edge then you're going to bet anyway, after you have earned the bonuses

so, all you need to do is make sure you bet enough to get every possible bonus within the required amount of time

and then bet with your edge and continue making money



as to rebates - the HA on a traditional spread bet and on most money line bets is about 4.55%

parlays are much different and much more complicated - and I can't really get into that here

so, if you have no edge, and just want to milk bonuses you would want to be sure that they are going to rebate you more than that %

to be worthwhile, if you bet $1K they should rebate you at least $50 and hopefully more or it probably is not worth your time


if you do have an edge, you would want to bet at the level where you would get the highest % rebate as long as it is within your means

I always look at it this way - even if I believe I have an edge - if I bet $5k total - each indidvidual bet being smallish - I need to be sure that I am fully accepting of the fact that if I have a very bad run I could lose $2k




hope that helps



.
Last edited by: lilredrooster on Jul 12, 2022
the foolish sayings of a rich man often pass for words of wisdom by the fools around him
DRich
DRich
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July 12th, 2022 at 5:44:52 PM permalink
I recommend betting on Cricket.

https://www.washingtonpost.com/world/2022/07/12/india-fake-ipl-cricket-league-gujarat/
At my age, a "Life In Prison" sentence is not much of a deterrent.
Dieter
Administrator
Dieter
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July 12th, 2022 at 7:37:42 PM permalink
Quote: DRich

I recommend betting on Cricket.

https://www.washingtonpost.com/world/2022/07/12/india-fake-ipl-cricket-league-gujarat/
link to original post



It's not cricket.
May the cards fall in your favor.
linksjunkie
linksjunkie
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Joined: Feb 28, 2014
July 12th, 2022 at 8:51:06 PM permalink
Have had reasonable success betting with local bookie but far from a pro.

Just thinking possibly low hanging fruit when betting starts.
Son you ain’t paying attention I’m cutting you but you ain’t bleeding - Foghorn Leghorn
linksjunkie
linksjunkie
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July 12th, 2022 at 8:52:35 PM permalink
I’m very fond of advantages that are a lock. Such as recent I bond thread I had started.
Son you ain’t paying attention I’m cutting you but you ain’t bleeding - Foghorn Leghorn
Wiggins
Wiggins
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July 12th, 2022 at 11:59:31 PM permalink
r/sportsbook has all the info you're looking for
SOOPOO
SOOPOO
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Joined: Aug 8, 2010
July 19th, 2022 at 4:53:32 AM permalink
Quote: linksjunkie

Ohio sports books going live 1/1/2023

Looking for advice / input on bonus hunting. Understand the concept but no experience.

Lot of bonuses look to have (1x) play thru requirement. Loss rebate style bonus.

All advice appreciated.

Thank you.
link to original post



Send me a pm. For some reason I can reply to them but can’t initiate one. I’ve been advised to not post this in the open. Probably wise.
teddys
teddys
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July 26th, 2022 at 3:58:26 PM permalink
Sign up for Hard Rock app before the end of July. You'll get a $500 match bonus by the time they open for business.

Yes, it will be a bonanza when it opens. Be ready :)
"Dice, verily, are armed with goads and driving-hooks, deceiving and tormenting, causing grievous woe." -Rig Veda 10.34.4
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