CAESARS,NOW WILLIAM HILL OFFERING $5000 FREEBET (1x rollover)

[KS1986]

It's not a free shot; as stated earlier, there's a decent chance that you're going to be out 5k.

[DrunkHorseplayer]

You deposit 5k, lose the first bet, lose the free bet and you're out 5k. It's entirely possible to lose two bets in a row.

[KS1986]

You deposit 5k, lose the first bet, lose the free bet and you're out 5k. It's entirely possible to lose two bets in a row.

This is 100% free money, all you have to do is figure it out.

[lonegambler23]

damn id take advantage of this if i could. not legal here in ct for a few weeks no clue what books were gettingn tho, wont be online probably for a while

[blackbart]

guaranteed profit of a couple thousand

[wolfmanmeadows]

+ev does not mean its a guaranteed profit, you still have to risk and can lose
taking both sides cuts into ev as well as you are paying more juice
not worth thousands by my calculations

[kimwash78]

If u can’t make money on the 5k promo something is wrong
Also Caesars is offering FREEBeT on Tb
They score 1 pt tonite
Free $50
And if anyone says that promo is risking their own money should quit gambling

!! Don’t use the free $50 if u haven’t done the $5k bet

[lonegambler23]

+ev does not mean its a guaranteed profit, you still have to risk and can lose
taking both sides cuts into ev as well as you are paying more juice
not worth thousands by my calculations

are u fukking brain dead? u risk 5k imo to win a lot more than 5k. worst case you get your 5k back with a loss and have funds to play with.

[ThaTopMoron]

5K on Seattle pushed to -5.5 vs Indy.... you're welcome fellas

you have less than 3 days to lock it in

[Nittany Lion]

?
You deposit 5k
There is 5k in cash in your account
You win 2.5 k
U have 7.5 k in cash
Don’t know where you are getting your info

You didn't read closely enough, I said if you deposit 5k and you make a $5k bet and it LOSES. So now Caesars gives you a $5k free bet token to bet on whatever. If you bet that $5k token on a -200 fav which would be dumb you'd be left with $2.5k. So you would want to bet the $5k token on close to even money as possible to make as much of your original $5k stake back.

We're on a gambling forum and there are so many people in this thread confused on this promo, Caesars might have a nightmare with the general public not understanding this promo. Wonder how many people will take this promo just thinking they get their $5k back in cash when their bet loses only to find out that's not the case lol

[KS1986]

You didn't read closely enough, I said if you deposit 5k and you make a $5k bet and it LOSES. So now Caesars gives you a $5k free bet token to bet on whatever. If you bet that $5k token on a -200 fav which would be dumb you'd be left with $2.5k. So you would want to bet the $5k token on close to even money as possible to make as much of your original $5k stake back.

We're on a gambling forum and there are so many people in this thread confused on this promo, Caesars might have a nightmare with the general public not understanding this promo. Wonder how many people will take this promo just thinking they get their $5k back in cash when their bet loses only to find out that's not the case lol

No confusion. like I said before this promo is 100% free money if you can figure it out and it really isn't that hard.

[DrunkHorseplayer]

That's why they're offering it; they know that numerous people don't know how it works and will get burned.

[KS1986]

+ev does not mean its a guaranteed profit, you still have to risk and can lose
taking both sides cuts into ev as well as you are paying more juice
not worth thousands by my calculations

1) This promo is +EV
2) This promo is worth 2k+
3) You need a new calculator

[KS1986]

guaranteed profit of a couple thousand

This

[Optional]

I see Bovada offering up to $5000 bonus for new accounts too.

[Nittany Lion]

No confusion. like I said before this promo is 100% free money if you can figure it out and it really isn't that hard.

How is this promo 100% free money? Are you able to post an example of what your thought process is better yet an example on how you could be guaranteed a profit from this?

[Optional]

How is this promo 100% free money? Are you able to post an example of what your thought process is better yet an example on how you could be guaranteed a profit from this?

It's free money in terms of it being +EV and therefore would win you "free money" if it was played over and again.

Obviously you can't play it more than once, but grinding out profits is about making more +EV bets than not. And for that sort of math minded bettor it is so good it's a bit like free money.


There may be some way to partly bet both sides and realize a small profit, if you can get one side at a low juice book and if you can predict line moves, but that's not really how anyone is going to play it IMHO.

[Kindred]

First, let's get one thing straight. NONE OF YOU have enough money to make this worth your while. Secondly, you no longer can just wager on team "A" and then go across the street and wager on team "B". They have computers that serve all the sports books just like the super slots that pay off millions are hooked up on to a main site that controls all of them in every hotel. The books are years ahead of you fools in here. No matter what you do, the only way to make money is to know what you are doing, and very few, if any of you do.

FALSE you can hedge with no risk, there's nothing in their terms saying if you bet on Team A you can't bet Team B somewhere else..going across the street is part of vegas they never stopped anyone from hedging or scalping and it's the same online they don't give a penetrate if you are hedging or scalping...or they just like me so much they let me but if they didn't they'd send some scary dude to my house to cave my skull in?

[Kindred]

1) This promo is +EV
2) This promo is worth 2k+
3) You need a new calculator

I haven't been around in awhile but five pages in and it's scary how dumb this forum got. It's penetrating +EV fellas, get a sack and a calculator and take their penetrating money

Now I get how they can throw promos around like this, advantage gamblers are a dying breed

[KS1986]

I see Bovada offering up to $5000 bonus for new accounts too.

Woulda been happy just to keep my old NY account. Can't understand why they left NY, came back and then left again.

[rustygsbr]

Can you share a link to this? I just looked and it said $250 intro or $750 for a bitcoin deposit (75%)

I see Bovada offering up to $5000 bonus for new accounts too.

[ThaTopMoron]

That's why they're offering it; they know that numerous people don't know how it works and will get burned.

reading is hard

[wolfmanmeadows]

1) This promo is +EV
2) This promo is worth 2k+
3) You need a new calculator

you are correct, the promo is +ev and can be +EV over $2000 if you bet a big enough underdog and want increase your risk of losing. you are awarded the free bet only if your first bet loses, so by betting a bigger underdog you are increasing your probability of being awarded the free bet thereby increasing the value of the promo. the higher your probability of losing, the bigger your expectation from long odds. if you found some no-cost arb opportunities and had tens of grand to put up, you can find a +EV 0 risk scenario that would be worth over $2000 where you take both sides. there's no guarantee of profit and you could walk away winning $0 with a no cost arb scenario. most people don't have the capital and there might be risks around the logistics of quickly getting down all the bets. you can still walk away a loser with a different betting strategy, especially if you wanted to maximize the value of the promo. a risk free bet is not free money like a free bet would be.

[KS1986]

you are correct, the promo is +ev and can be +EV over $2000 if you bet a big enough underdog and want increase your risk of losing. you are awarded the free bet only if your first bet loses, so by betting a bigger underdog you are increasing your probability of being awarded the free bet thereby increasing the value of the promo. the higher your probability of losing, the bigger your expectation from long odds. if you found some no-cost arb opportunities and had tens of grand to put up, you can find a +EV 0 risk scenario that would be worth over $2000 where you take both sides. there's no guarantee of profit and you could walk away winning $0 with a no cost arb scenario. most people don't have the capital and there might be risks around the logistics of quickly getting down all the bets. you can still walk away a loser with a different betting strategy, especially if you wanted to maximize the value of the promo. a risk free bet is not free money like a free bet would be.

[wolfmanmeadows]

a risk free bet with the right strategy is still free money at a lower rate than a free bet is. you can guarantee profit but you would be lowering your ev below $2000. it is guaranteed profit if you hedge on the other side for less than $5K but you won't be realizing the full value of the promotion. that is probably the best strategy because most people can't bet the full $5k anyway. unless i'm missing something, there is no strategy i'm aware of other than the no cost arb underdog scenario that would guarantee you $2000+ profit

[Optional]

Can you share a link to this? I just looked and it said $250 intro or $750 for a bitcoin deposit (75%)

It was a banner advert on a streaming site.

Try telling them you saw the ad and can you you have it.

[Wrongside]

Can you use this promo in multiple states? The WH rep on the phone was very adamant that you could (cocky about it) She said different states, completely different rules, regulations and accounts. I’m looking at the fine print and see a problem with her confidence...

[Optional]

Can you use this promo in multiple states? The WH rep on the phone was very adamant that you could (cocky about it) She said different states, completely different rules, regulations and accounts. I’m looking at the fine print and see a problem with her confidence...

Paste the fine print bit you are concerned about?

[PharaohUB]

Anyone know if wynbet promo is free play or cash ? Just did barstool and that was cash. Can’t figure out wynbet

[slayer14]

To much arrogance from the sports betting industry these days guys

[ThaTopMoron]

5K on Seattle pushed to -5.5 vs Indy.... you're welcome fellas

you have less than 3 days to lock it in

told you

[Optional]

Anyone know if wynbet promo is free play or cash ? Just did barstool and that was cash. Can’t figure out wynbet

What state?

[Waterstpub87]

Anyone know if wynbet promo is free play or cash ? Just did barstool and that was cash. Can’t figure out wynbet

In NJ, Wynnbet was freeplay. Wynnbet in NJ was a dimeline for MLB sides as well.

[Wrongside]

Paste the fine print bit you are concerned about?

Thanks!

2.This Promotion is only open to Patrons who have successfully opened a new Caesars Sportsbook Mobile or Online Account for the first time in the State of CO/IA/IN/MI/NJ/TN/VA/WV/AZ (“Caesars Account”), inclusive of automated or manual identification verification, during the Promotion Period. Caesars will determine the time of account opening based on an automatic system timestamp that is triggered when the account opening process is completed. For the avoidance of doubt, Patrons that have an existing Caesars Account or William Hill Account in a given state shall not be eligible to participate in this Promotion, even if they re-register during the Promotion Period within the same state.

9.Participants may only utilize one such “Promotion” across any Caesars Sportsbook offering.
10.For the avoidance of doubt, as an example, a Participant may not use the “Promotion” on www.williamhill.com/us/mi/bet and www.williamhill.com/us/nj/bet.

14.Free Bet redemption is subject to Caesars House Rules and governed by Caesars’ Standard Promotional Terms and Conditions and General Terms of Service.
15.Bonus Abuse / Fraud: Participants who engage in fraudulent activity, bonus abuse or inappropriate play, can have their Free Bet voided, winnings voided or withheld, be excluded from future bonuses or awards, and/or have their Caesars Account locked at the discretion of Caesars. These activities include, but are not limited to:
a.Wagering on both sides of a line on an individual game,
b.Multiple/grouped accounts linked by device/static IP/cashier/location and betting exploitatively.

17.This Promotion may not be combined with any other welcome offer for new Caesars Sportsbook Mobile or Online Accounts.
18.This Promotion is only valid for wagering available within the states of CO/IA/IN/MI/NJ/TN/VA/WV/AZ, via the Caesars desktop site or mobile app.

[DontTailMe]

Thanks!

1.The Caesars Sportsbook (“Caesars”) Risk Free $5000 0824 - promotion (the “Promotion”) will take place between 12:00AM local time on Tuesday, August 24, 2021, and 11:59PM local time on Thursday, September 30, 2021 (the “Promotion Period”).
2.This Promotion is only open to Patrons who have successfully opened a new Caesars Sportsbook Mobile or Online Account for the first time in the State of CO/IA/IN/MI/NJ/TN/VA/WV/AZ (“Caesars Account”), inclusive of automated or manual identification verification, during the Promotion Period. Caesars will determine the time of account opening based on an automatic system timestamp that is triggered when the account opening process is completed. For the avoidance of doubt, Patrons that have an existing Caesars Account or William Hill Account in a given state shall not be eligible to participate in this Promotion, even if they re-register during the Promotion Period within the same state.
3.Opening a Caesars Account is free.
4.To be eligible for this Promotion, all patrons must be 21 or older, physically present in a State or Commonwealth where sports wagering is legal and Caesars is duly licensed, permitted or authorized to operate including, without limitation, the states of CO/IA/IN/MI/NJ/TN/VA/WV/AZ when wagering, and must register their Caesars Account using promo code ‘CZR1’ during the Promotion Period, for the opportunity to earn Free Bets (“Eligible Patron(s)”).
5.Risk-Free Wager: Within 30 days of opening a Caesars Account, Eligible Patrons must place their first real money sports wager (“Qualifying Wager”) via the Caesars mobile app or desktop site to participate in this Promotion (“Participant(s)”). If their Qualifying Wager is graded as a Loss (defined below) by Caesars, the Participant will earn a one-time Free Bet token equal to the lessor of 1) The full value of the Qualifying Wager or 2) $5,000 (“Free Bet(s)”). A Qualifying Wager that returns $0.00 is defined as a loss (“Loss”).
6.Free Bets will be added to a Participant’s Caesars Account within two (2) business days after their Qualifying Wager is graded as a Loss by Caesars.
7.The maximum Free Bet per Participant in this Promotion is $5,000.
8.Only the consecutively first placed real money sports wager after registration per Participant qualifies for this Promotion. In the event a Participant simultaneously places more than one wager in their bet slip, the first wager recorded by Caesars in that Participant’s wagering history will be considered the Qualifying Wager.
9.Participants may only utilize one such “Promotion” across any Caesars Sportsbook offering.
10.For the avoidance of doubt, as an example, a Participant may not use the “Promotion” on www.williamhill.com/us/mi/bet and www.williamhill.com/us/nj/bet.
11.A Qualifying Wager must settle within thirty (30) days of being placed by a Participant for that Participant to be eligible for a Free Bet.
12.Wagers that are settled before normal market settlement via the Cash Out feature are not eligible for Free Bets. The next wager placed will not become the Qualifying Wager.
13.A Free Bet must be used by the Participant within thirty (30) calendar days from the date it is awarded or that Free Bet will expire and be removed from their Caesars Account.
14.Free Bet redemption is subject to Caesars House Rules and governed by Caesars’ Standard Promotional Terms and Conditions and General Terms of Service.
15.Bonus Abuse / Fraud: Participants who engage in fraudulent activity, bonus abuse or inappropriate play, can have their Free Bet voided, winnings voided or withheld, be excluded from future bonuses or awards, and/or have their Caesars Account locked at the discretion of Caesars. These activities include, but are not limited to:
a.Wagering on both sides of a line on an individual game,
b.Multiple/grouped accounts linked by device/static IP/cashier/location and betting exploitatively.
16.There is no rollover or wagering requirements on any winnings earned from the Free Bet.
17.This Promotion may not be combined with any other welcome offer for new Caesars Sportsbook Mobile or Online Accounts.
18.This Promotion is only valid for wagering available within the states of CO/IA/IN/MI/NJ/TN/VA/WV/AZ, via the Caesars desktop site or mobile app.
19.Eligible Patrons may opt out of this Promotion by contacting Caesars Customer Support.
20.A Participant’s Caesars Account must be in good standing both at the time of entry and the time at which a Free Bet is awarded.
21.Participants may be notified by email, SMS, and/or phone when a Free Bet is added to their Caesars Account.
22.Participation is void where prohibited or restricted by law.
23.This Promotion is subject to all applicable federal, state, and local laws and regulations, and all aspects of the Promotion are subject to the approval of appropriate regulatory authorities.
24.Participants consent and agree to allow Caesars the unconditional use of their name, voice, likeness and story for any promotions, advertising and announcements without compensation, consideration, notice, review, or approval.
25.Participants are responsible for payment of any and all taxes, licenses, registrations and other fees, as applicable.
26.Caesars reserves the right to make changes to or cancel the Promotion, for any reason, with or without notice, at any time. Other restrictions may apply.
27.Caesars reserves the right to change the rules of the Promotion due to unforeseen or extenuating circumstances.
28.All decisions regarding the interpretation of rules, eligibility, etc. for this Promotion lie solely with Caesars whose decisions are final.
29.Caesars may disqualify any Participant from receiving a Free Bet based upon fraud, dishonesty, violation of these rules or other misconduct whether or not related to this Promotion.
30.Caesars is not liable for injuries or losses arising or resulting from participation in the Promotion and is not liable for any acts or omissions by employees, whether negligent or willful, in the conduct of the Promotion and is not liable in the event of any equipment or software malfunction.
31.Caesars is not responsible for lost, late, mutilated, or illegible entries nor for electronic transmission errors or delays resulting in omission, interruption, deletion, defect, delay in operations or transmission, theft or destruction or unauthorized access to or alterations of entry materials, or for technical, hardware, software, or telephone failures of any kind, lost or unavailable connections, fraud, incomplete, garbled, or delayed computer transmissions, whether caused by Caesars, users, or by any of the equipment or programming associated with or utilized in the Promotion or by any technical or human error which may occur in the processing of submissions which may limit, restrict, or prevent a Participant’s ability to participate in the Promotion.
32.If for any reason the Promotion is not capable of running as planned, including infection by computer virus, bugs, tampering, unauthorized intervention, fraud, technical failures, or any other causes within or beyond the control of Caesars which corrupt or affect the administration, security, fairness, integrity, or proper conduct of this Promotion, Caesars reserves the right at its sole discretion to cancel, terminate, modify or suspend the Promotion.
33.Any attempt by any person to deliberately damage or undermine the legitimate operation of this Promotion may be a violation of criminal and civil laws and, should such an attempt be made, Caesars reserves the right to seek damages from any such person to the fullest extent of the law.
34.Records related to the Promotion will be retained for recordkeeping purposes in accordance with local legal and regulatory requirements.
35.By participating in this Promotion, Participants agree to the rules.
36.Individuals who are excluded from online wagering, either through a government program or by their own request, are not eligible.
37.For questions or any other information regarding the Promotion, contact Caesars Customer Support at (855) 474-0606.

This whole thing is the "bit you are concerned about"?