Bookmakers Bonuses

Sunday, 23 March 2008

A bonus is very valuable for someone who is a beginner to betting, or new to a site. It gives you the opportunity to make free bets, and therefore gamble with no risk, as you will be spending the bookmaker's money! Of course, if your bet comes through you get the winnings in your pocket! It's win-win! Many bookmakers, like Noxwin or Betfair, offer first time users a signup bonus in the range $10 - $200 for depositing an initial amount. They typically demand that this amount is wagered a number of times before the bonus can be withdrawn. Bonus sport arbitraging is a form of sports arbitraging where you hedge or back your bets as usual, but since you received the bonus, a small loss can be allowed on each wager (2-5 %), which comes off your profit. In this way the bookmakers wagering demand can be met and the initial deposit and sign up bonus can be withdrawn with little loss.