25% reload at BetOnline

**vividjohn45** · 04-27-16, 12:32 PM

I dont see the profitability

**Optional** · 04-27-16, 01:22 PM

Originally posted by jgox

Hi guys, I was looking for reload bonuses and found 25% instant bonus with 6x (D+B) rollover on BetOnline (A+ on SBR) on every deposit. Am I missing sometrhing or can´t you just bet it at -110 (1.91) an then cover the other side at -104 (1.96) on Matchbook which is about what you get including 1% comission, or simply at Pinnacle at -105 (1.95)?? I am not from the US so I have no problem betting on any of those bookies. Thanks in advance!

You can but even with the max amount you are only going to be making a few bucks each time and sometimes you are going to win the BOL side on that first bet and have the rollover still to complete.

**5918mike** · 04-27-16, 01:31 PM

You can grind out very little profit that way, sometimes even find lines that match up with no risk.

**jgox** · 04-27-16, 02:45 PM

I ran the math and made a three. Say we want to invest 225, 100 goes on BOL and we get 125 balance, 125 goes on Matchbook.
50% of the time we win @ Matchbook for a profit of 20 [125x1.96 =245-225=20] GAME OVER
50% of the time we win @ BOL 125 x 1.9 = 237.5 balance that we have to rollover
Out of these 50% half the time (25% of the total) we win on Matchbook 237.5x1.96=465.5 for a profit of 465.5-225-237.5=3 G.O.
Out of these 50% half the time (25% of the total)we win on BOL 237.5x1.9=451.25 and we have to rollover one last time
50% of the 25% (12.5% of the total) we win on Matchbook 451.25x1.96=884.45 for a profit of 884.45-451.25-237.5-225=-29.3 G.O.
50% of the 25% (12.5% of the total) we win on BOL 451.25x1.9=857.375 for a profit of 857.375-451.25-237.5-225=-56.375 G.O.
That leaves us with (50x20)+(25x3)+(12.5x-29.3)+(12.5-56.375)=$4.0625 per completion of rollover, and we still have to pay withdrawal fees on BOL which probably disappears with the 4 dollars the times we end up winning on BOL after completing the rollover.
If they had free withdrawals or if I could pick 52% right I probably would do it but I don´t think it is worth it just yet.

**BigOrange** · 04-27-16, 02:47 PM

You also have to figure in the 6.5% deposit fee and the withdrawal fees.

**jjgold** · 04-27-16, 02:50 PM

not worth the work

just play

**jgox** · 04-27-16, 02:52 PM

There is no deposit fee, at least it doesn´t state anything about it, but the withdrawal fee is 2% for bitcoins.

**KVB** · 04-27-16, 02:54 PM

The bonus hustle, something I never got into. I think there was a time where it was real popular and bonus hustlers were callling themselves professional sports bettors. In a sense, they were taking advantage of a weak place in many books' offerings, which is respectable as a player, but many failed to combine valid handicapping with the hustle and are nowhere to be found today.

**BigOrange** · 04-27-16, 02:57 PM

Originally posted by jgox

There is no deposit fee, at least it doesn´t state anything about it, but the withdrawal fee is 2% for bitcoins.

They charge 6.5% on all deposits except Bitcoin and I think it's 3% or so on those so you had better check before depositing.

**theviking** · 04-28-16, 04:59 AM

Originally posted by BigOrange

They charge 6.5% on all deposits except Bitcoin and I think it's 3% or so on those so you had better check before depositing.

My last bitcoin deposit one week ago, they still charge 6,5%

**jjgold** · 04-28-16, 08:22 AM

Originally posted by KVB

The bonus hustle, something I never got into. I think there was a time where it was real popular and bonus hustlers were callling themselves professional sports bettors. In a sense, they were taking advantage of a weak place in many books' offerings, which is respectable as a player, but many failed to combine valid handicapping with the hustle and are nowhere to be found today.

yes and bad books took all their money when they did not get paid

greed

**Bill Dozer** · 04-28-16, 10:58 AM

As Optional mentioned, if you could somehow always lose at BOL, it would be ongoing income. You could keep busting out at BOL and keep getting free $ over to Pinnacle. But if we could do that we'd all be rich betting Pinnacle's off #.

More than likely after your first deposit or 2 you'll have a big balance at BOL (Pinnacle money bet over to BOL and the BOL bonus). Once you win with the bonus the 25% on deposit stop. The whole experiment is probably worth a steak dinner.

If you actually like to bet, your best option is using BOL's bonus as reduced juice. For as long as you have the rollover you are getting -106ish on your vig.

**nymfan99** · 04-28-16, 11:31 AM

there are other books that are better than BOL to play this game