There is risk, because you can lose your entire deposit.įor example, if a new user places a $100 bonus bet wager on the Nuggets at +115 against the Suns and the Nuggets win, they’ll collect $115 in profit but will NOT get the initial $100 returned. That’s why sportsbooks have gotten away from the term “risk-free” for these types of promos. If the Cubs lose, your bonus bets will be gone, and you’ll be left with nothing.You can withdraw or continue betting that. So you’ll now have $200 cash, and the promo is over. If the Cubs win, you’ll profit $200 in cash ($100 x 2.0) but you won’t keep the $100 in bonus bets.OK, let’s say the Cubs lose, and you have $100 in bonus bets, and put them on the White Sox to beat the Astros at +200. ![]() ![]() If the Cubs lose, you’ll get $100 back in bonus bets.You can withdraw that money if you’d like, or continue betting. ![]() You’ll now have $210 cash in your account, and the promo is effectively over.
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