Sportsbooks "New Player" Bonuses Question(s)

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  • mr_rob
    SBR Rookie
    • 11-30-22
    • 8

    #1
    Sportsbooks "New Player" Bonuses Question(s)
    Some sportsbooks have "bonus cash" match if your 1st bet loses like Barstool Sportsbook. Others have a free bet like Caesars. Say I lose on both sites as a new player on my first bet, is this a true statement for my free bet if it wins:

    Barstool Bet: $1000 via bonus cash. To win: $950. Payout: $1950 USD fully withdrawable
    Caesars Bet: $1000 via free bet. To win: $950. Payout: $950 USD fully withdrawable

    Is that correct? Here are the terms:

    Bet on sports legally in Louisiana with Caesars Sportsbook. Legal LA sports betting on NFL, NBA, MLB and more. Secure mobile betting!


    If I am correct, is there a second sports book like Barstool that I could use in Louisiana to arbitrage against Barstool to guarantee a cashout?
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