Is it worth it to apply bonuses with 10x rollovers? Or is that ultimately a losing proposition? I find myself losing my bankroll before I can bet enough to cash out. Im aiming to turn $500 into 5k. Should I take the DSI march madness promo of %100 bonus 10x rollover? Looking for advice from experienced bettors. Whats the best way to handle these things?
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No, because of what you just said. After a while it becomes about trying to meet the rollover as fast as possible and you start making any bet even if that bet sucks.
That's my opinion. If you're one of these guys that has tons of patience than you can do it.Comment -
If you have a significant liferoll and don't need the money, sportsbook bonuses are very much worth it. You can make an extra 20k a year grinding bonuses easily.Comment -
Well... do the math. $500 with a 100% 10x roll.... thats 10 dimes in qualifying action. The freeplay is worth less than half because of losing the principle win or lose and the play restrictions but lets go with 50%. That 100% just negated the 10% juice on ten wagers of a dime each but you end up with around $700 (unless you hit a parlay, but parlays are usually losers) trying to bang out 10 dimes... average bettor will bust out between the 6x to 8x roll.... so take it for what it is worth. It is extra entertainment to most and an advantage to anyone with a bit of skill. Anything 13x roll or higher is mathematically a loser. The roll has to be between 10 an 12 for a reasonable chance of cashout....Comment -
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Agreed.... Arbitrage bettors and hedging systems are good to convert out a bonus somewhere else but these techniques get limited or thrown out fast at most bonus shops exactly because of what you just said... i also believe I said this in the arbitrage thread.
Best thing to do is use all your freeplay on a a available dog or parlay at -200 if allowed then you can get enough ammo to fire shots to clear the rollover and withdrawal. Anything at 13 or more rolls though is still more than the average bettor can handle unless they are arbing/hedging against another bonus or Pinny.Comment -
parlays are allowed at DSIComment -
This part... yes the smart thing is throw the whole bonus on a dog but even better is a 2 team parlay with -200 for the most bang for the buck. If you lose though you still got the whole rollover to complete, the rollover does not go away if you lose a freeplay wager.... so you still got the rollover on the principle deposit and the freeplay you just lost 500 and 500 is a dime times 10.... so 10 dimes in rollover no matter how you look at it at 99% of services.... best shot is hit a 2 team parlay at -200 because you lose the principle anyway so no big loss but if you hit you got the ammo to bang out the rollover with more modest wagering. It is the same deal with $50 and $100 freebets.... got hit a dog to build a bank roll to bang out the rollover. This is the best method and I think quite a few use it noe especially since I started posting how it is done last year with freebets...Comment -
there's a lot of strategy when it comes to taking advantage of bonus. 10x is not that much depending on your average wager. If you're a $50 bettor, don't deposit $300 and get 300 freeplay...6000 rollover will just going to jam u up.
my average wager is anywhere from 500-2000. so the DSI march madness is perfect. I deposit $300 and get 300 freeplay. I convert 300 freeplay into cash and i should have a little over $500 to play with....that's about one of my bet. If i lose, i just re-load the following day and get the same bonus. if i win, meeting rollover with my average bet won't be a very big issue. I've used the march madness promo 5 times. i lost the first 4 deposits, on the 5th one , i started winning and it took 6 bets for me to meet rollover.Comment -
that's probably the best strategy brendon, using a match bonus as one free bet. If the bulk of customers where like you no books would ever offer 100 percent match freeplays.Comment -
You can never go wrong taking offers like these from a book like DSI.Comment -
I was recently able to beat DSI requirements. Only because its 20x deposit and they allow large wagers. However, other 100% free plays,while they seem the same as DSI's rollover, are actually slightly different and can be much impossible to beat.
Example. The same 300 deposit at betmania with the same promo has a 12k rollover requirement vs. DSI 6k rollover for the same 300 deposit. The reason why.........betmania is deposit + free play winning x 10. I hit large on a couple free play parlays which in turn made this rollover beat down much harder to crack. I am 8 k thru the 12 k rollover. Gonna be close.
At least I learned my lesson to read the fine print.
CWComment -
I do not understand why any bettor is afraid to take a bonus. Even if you do not use the strategies outlined above, unless you are gambling with the grocery money you are just throwing money away by refusing them. Anyone that is a part of this forum is obviously depositing money in books and betting either for fun or for profit. Do you plan to stop betting any time soon? If not, then you will work any roll-over off sooner or later. So any bonus not taken is money thrown away. Bet with money that you can leave in a book for a couple of months and take as big a bonus as they will give. With or without a bonus strategy, that bonus is your best chance of coming out ahead in the long run --- and costs you nothing if you are betting regularly and plan to continue betting regularly.
Do not get into the trap of worrying about whether or not you can " make the roll-over " before losing your deposit. If you are going to lose your deposit with the bonus and roll-over, you are going to lose your deposit even quicker without the bonus. On the other hand, if you start winning with the deposit then the roll-over is no problem. The only way a bonus can hurt you is if you are depositing money that you need to live on.
Last edited by BranchDavidian; 04-09-13, 08:37 AM.Comment -
Smart players can make 10k yearly bonus whoring...sadly about 3% of the members here are smart in my opinion.
Its all about having the bankroll, brains and appetite for risk...#1 eliminates half the folks here...#2 another 40 percent.
By the time you factor in cost a payouts and full 20 cent lines..its hard to turn a meaningful profit...but with some sharps it can be done still...Comment
