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We go through to how make money sports betting with sign up bonuses. Nearly all sportsbooks in the United States offer a sign up bonus. Fanduel has a $1,000 risk-free bet. DraftKings has a deposit bonus with a play through. Unibet and BetMGM have risk-free bets, similar to Fanduel. These risk free bets are a great way to grow your bankroll as a sports bettor and begin to make money.
There are two main types of sportsbook sign up bonuses: deposit bonuses and risk-free bets. This video involves sports betting math.
We first discuss risk-free bets and the strategy behind them. We look at the Fanduel risk-free bet in this video. The same strategy discusses in this video can be applied to the Unibet risk-free bet and the BetMGM risk free bet.
Next, we discuss deposit bonuses on sportsbooks. We use the DraftKings deposit bonus as an example. We discuss a playthroughs in sports betting and the value of the OddsJam sports betting software for finding arbitrage bets.
It’s not too hard to make decent money with sign up bonus betting sites. If you want to learn more about sports betting strategy and profitable tips, then you can email us at [email protected].
Again, this video is about sports betting sign up bonuses and the profitable betting strategy behind these promos. You can reach out if you need clarification on anything.
This video and analysis is intended for entertainment purposes only. You should not take this video as a suggestion to perform any financial action.
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The risk free bets only give winnings not the initial bet you put in which significantly dents your EV. With no vig the EV is 1/4th of the risk free bet size, but with vig and then if you want to hedge it to guarantee a return you get like 1/5th EV, not super valuable but still free money
If you lose your first bet but win your free bet you don't get that initial $1,000 back you only get the winnings. So in that scenario of betting -110 both times, losing the first bet but winning the 2nd the 2nd bet yields $910, so a net loss of $90 overall so I fail to see $910 profit for only winning the free bet. Am I missing something?
on the part of the graphic that shows up at t=2:23, i.e. the 25% outcome that the graphic says represents a "$910 profit"… this may be true for fanduel, but the way the fanduel promo is structured is not representative of the vast majority of these types of RF promos. In the vast majority of the RF promos offered, this would not be a $910 profit, it would be a $90 loss. irresponsible not to clarify. this changes the EV from $432.50 to $182.50, and the median PNL drops $500, from +$910 to +$410, whereas the chance of total loss of investment remains fixed at 25% chance. For many people, these differences are significant and represent an unacceptable level of risk.
@t=2:01.. 9% edge?! no.
FANTASTIC video! More like this please Oddsjam
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