IL Sportsbook Promotions...They seem like too much

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  • oldstylecubsfan
    SBR High Roller
    • 07-15-10
    • 184

    #1
    IL Sportsbook Promotions...They seem like too much
    With legalized sports betting coming to IL 6+ month ago, almost all of the books still have these $500+ risk free bet promotions with almost no play through requirement. Doesn't this seem like too much for customer acquisition? Also since the 5 have little issue processing ************, you could load up on two, bet both sides of the same game and have an instant $1000 in free play. Hedge it once and cash out $600+ in a few days.

    Seems like a really high price to pay for "customer acquisition"?
  • PharaohUB
    SBR MVP
    • 01-23-07
    • 4865

    #2
    Not really if you think how much money they will make on each person over course of their lives.
    Comment
    • Crusherrr
      SBR MVP
      • 06-27-16
      • 3650

      #3
      If they don't match the competition who's gonna sign up with them? That's the price they have to pay.

      What percentage of the idiots who sign up actually take the full $500 risk free. Probably like 5% or less. They waste it on a $25 deposit.
      Comment
      • milwaukee mike
        BARRELED IN @ SBR!
        • 08-22-07
        • 26914

        #4
        it's not just the initial risk free... it's these booster promos all the time too

        i wish i lived about an hour's drive south!
        Comment
        • littlekona
          SBR Hall of Famer
          • 11-19-15
          • 5242

          #5
          It is crazy. I have 5 accounts opened WH, DK, FD, Point and BetRivers and its free money and promotion bonanza every day....Great to be a player
          Comment
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