Sports Book Information

It looks like you can get a deposit bonus and many of the sports books and I think that if you sign up and bet your whole account and lose the bet then they go ahead and give you the bonus, if you win, then you have to keep betting up to 4 times or so.

most of the deposit bonus amounts are 15% so you have to make a large deposit and then you lose some on the spread if your placing an offsetting bet at another sports book site.

most also have some kind of referral program which someone will make money on (maybe not you).

so the basics are as follows:

Deposit in 2 different sportsbooks.. Royal and majorbetting for example..

Royal gives a 25% signup and majorbetting gives a 20%..

lets say you deposited 100 in each book..

so you would have 125 at Royal and 120 at majorbetting.

Lets say you want to play the braves at -110 against philly.. (just an example)

you bet 120 on braves -110 at royal and you bet 120 on philly at majorbetting. (same game-- opposite ways).. If braves win you have 235 at royal.. if philly wins you will have 230 at majorbetting.

you have successfully just made 30 dollars for you time and trouble, but you then have to make another deposit and another sports book and bet a few more times to be able to have access to your money, they will require you to deposit several more hundreds of dollars.

If you withdraw the $100 that you made on the winning bet some sports books charge you up to $15 for this so you can't just withdraw your original $100 and keep using it.

here is a list of sports books that I ran a across from a couple years ago.
     
1,wwts $2500 = $500 bonus $200 referral
2,Bet365 $1000 =$150 bonus
3,Betjm $500 = $100 bonus-$50 referral
4,Skybook $2500 = $250 bonus--$375 free play referral
5,Gamblers ave $500 = $100 bonus--$75 referral
6,MajorBetting $2500 = $375 bonus
7.Legendzsports $2500 = $500 bonus ------$375 referral
8,Vipsports $1000 =$200 bonus ------$100 referral
9,Abcisland $2500 = $250 bonus---- $250 free play referral
10,Pinnaclesports $5000 =$500 bonus
11,Bodog $1000 = $100 bonus------ $200 referral
12,Oasiscasino $2500 = $500 bonus----- $100 referral
13,Badlands $2500 = $1000 free play-- $250 referral
14, Sports-gambling $2500 =$500 bonus ---------- $250 referral
15,betdsi $2500 = $750 free play and $250 free play referral
16,Apexsportsbook $2500 = $1000 free play


Sports arbitrage requires a BIG bankroll. And its not totally risk free. What happens if the book goes under ... sometimes even reputable businesses close shop without warning.

Or one of your bets gets cancelled right before the game goes off the board.
You can also just totally screw up when trying to hedge your bets and not place the right bet.

• Do not tell a sportsbook your bonuswhoring because they can take your bonus money away from you, they don't make any money by paying out bonuses they make money by people continuing to place bets.

Most books have wagering requirements from 1-4x deposit + bonus. They also grant the bonus money immediately for wagering. So if you bust out a book, you have effectively "cleared" the bonus into another sportsbook. Then you just need to meet the wagering requirements at that one book where you won.

Also, betting the moneyline at opposing books will usually lead to a 1% book advantage, sometimes less. The true theory behind sports arbitrage is finding two books with such drastically different odds on an event that you can hedge your bets such that you guarantee a profit .. usually in the 1-3% range.

• ran across this site that claims to give you more bonus money for sports betting? don't know if it's true or not

http://www.biggerbonus.com/

• This site seems to be a copy of the previous one and I am not sure how it works either

http://www.eyeonbonus.com/

• This site gives you free tips on sports betting.  

http://www.sports-punter.com/