What the fudge is happening with NY sports betting promos?
yetanothervalueblog.substack.com
Here’s an actual conversation I’ve had with several friends this week Fly to New York for the long weekend. Download all of the sports betting apps and take advantage of the sign up promos; the free money they’re showering down on people will more than cover the entire cost of your trip. So you’ll make money + get a free trip to New York (and get to hang out with me, which might be a negative point).
I don't know the specifics of the fine print on these offers and they may be different, but historically, it is very difficult (you have to be on a major heater) to cash out any bonus bets. In other words, even if you win a bet using the bonus money, they won't let you cash out the bonus or the winnings until you've reached some ridiculous (nearly unattainable) threshold.
For free bets, the best way is to put it all on a longshot in the 4/6-1 range, and spread that around the different books. You win less, but your payout is much better than, say, betting opposite sides at different books. The math looks like a X^(1/2) chart, but if you do 95-1 longshots your will run out of sportsbooks before you win.
Anything more you can say about the logistics of flying in for a weekend, cashing in on the deal, then leaving and withdrawing funds? 1. How soon would I be able to withdraw the funds, including the 3k deposit? 2. Probably hard to know, but do you expect this deal to last until next weekend if I book a flight?
Thanks for the “tip.” However, betting on both sides of the line is not permitted to qualify for the bonus, which would have made this more of a no-brainer. With that out the way, what’s the angle I can present to Grandma, Grandpa, in-laws, etc. to guarantee them the maximum net return from their $3000 deposit?
I don't know the specifics of the fine print on these offers and they may be different, but historically, it is very difficult (you have to be on a major heater) to cash out any bonus bets. In other words, even if you win a bet using the bonus money, they won't let you cash out the bonus or the winnings until you've reached some ridiculous (nearly unattainable) threshold.
For free bets, the best way is to put it all on a longshot in the 4/6-1 range, and spread that around the different books. You win less, but your payout is much better than, say, betting opposite sides at different books. The math looks like a X^(1/2) chart, but if you do 95-1 longshots your will run out of sportsbooks before you win.
Anything more you can say about the logistics of flying in for a weekend, cashing in on the deal, then leaving and withdrawing funds? 1. How soon would I be able to withdraw the funds, including the 3k deposit? 2. Probably hard to know, but do you expect this deal to last until next weekend if I book a flight?
Thanks for the “tip.” However, betting on both sides of the line is not permitted to qualify for the bonus, which would have made this more of a no-brainer. With that out the way, what’s the angle I can present to Grandma, Grandpa, in-laws, etc. to guarantee them the maximum net return from their $3000 deposit?