Many Sportsbooks and Online Casino's offer bogus Sign-Up bonuses. Take online sportsbook Oddsmaker.com. You'd be a sucker to send these jokers money.
Oddsmaker.com boasts all over their website about a 135% Sign-Up bonus. 20% of the Sign-Up Bonus is a Re-load bonus. Huh?! Yeah, if you lose your deposit, you get a 20% bonus the next time. So, obviously, that 20% isn't included in the 135%. Funny math huh. Why? These sportsbooks are located in small strip-mall offices in 3rd-world countries where they barely understand English, let alone math.
Another part of the 135% bonus is a 15% bonus if you refer a friend. How can you refer a friend on your initial Sign-Up? You can't. So that 15% is bullshit. So now we are down to a 100% bonus.
Here is the real kicker. The 100% Bonus goes into something called your Free Money account, which means you can never withdraw it. Ever. To get the 100% bonus you have to wager your initial deposit 30 times. 30 times!!! Let's say you deposit $100 bucks. You have to bet that $100 bucks thirty times before you get the free $100 bonus. They know if you bet 30 times you'll more than likely lose. Shit, you've got a 50/50 chance of losing on your first $100 bet! Either way, the sportsbook makes out like a bandit.
That's why this shady online sportsbook is such a scam. The underlying meaning of a "Deposit Bonus" means you should get a bonus upon deposit. It's not a Bet-30-Times Bonus, it a Deposit Bonus! Pay attention to Sportsbook scams.
Feel free to email me Sportsbook scams, reviews, feedback, recommendations, complaints, etc: CONROYCAN@GMAIL.COM. I will continue to write about Sportsbook scams in the upcoming months...
~ Cat
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