Friday, July 20, 2012

Part 2, Picking you a Sports Book


      Finally you should check out what bonuses they are offering. Remember don't just check on how much you are getting but what restrictions they are placing on you after you receive the bonus. All books require some type of “Rollover” on bonus money. What they mean by this is that before you can withdraw your winnings, that you must “Risk” your entire deposit a certain number of times.

      So if a Sports Book offers you a 10% bonus, and you deposit $100, you would get $110 dollars into your account for you to bet with. However you might not be eligible for a withdrawal until you have “Rolled Over” your money 3 times. What this means is you would have to make bets, with the risk totaling $330. So if your first bet is for $110 to win $100, and you win, you would now have $210 in you account, but could not get a payout because you have only risked $110. You would need to risk another $220 before you can have a payout.

      This is to give the Sports Book a fair chance to get your money. Now the reason you want to know the number of “Rollovers” is because most books are offering a lot more than 10% and this means that the “Rollovers” can be really big.

      For example I recently saw several Sports Books offering 100% bonuses on your deposit. When I checked out 3 of them and there was a big difference in the “Rollovers” that they each required, we will call them Book 1, 2 and 3.

      Book 1 was offering the 100% bonus but required you to “Roll it Over” 35 times, this means on a $100 deposit you would end up with $200 in your account but would have to risk $7,000 before you could get your first payout.

      Book 2 was offering the same 100% but only required a 25 times “Rollover”, meaning that you would only have to risk $5,000 before you could get your first payout. And Book 3 was only asking for a 20 times “Rollover”, so with them you only had to risk $4,000 before you could get your first payout.

      So as you see in this example because I shopped around I saved up to $3,000 in fees. So as with your betting, when choosing a Sports Book, DO YOUR RESEARCH. Take a little time and be sure to get the Knowledge you need, to really enjoy your sports betting experience, and win the lifestyle you have always wanted.

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