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Sports Book Website Analysis

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There are bonuses that are given to those who do not win their bets, these are called cash back bonuses. The beauty of these incentives is that they take some of the sting out of a lost wager. Each sports book website will calculate the cash back bonus differently, though there is some continuity between each platform.

The average percentage of cash back given on a lost wager is 20%. However, other fees and costs are deducted from the total before that percentage is figured. To earn a cash back bonus, you will need to make a new deposit. The site will subtract the current and pending balance of your account, the accumulated winnings from all previous periods, and then the redemptions for the period from your new deposit amount. The remainder …show more content…
Some of the terms may be too long or large for some bettors. A few of the sites only request a small rollover term, though these are most associated with cash back style bonuses. If you accept a bonus offer without understanding the stated rollover terms, and then decide that you are unhappy with the terms, that is not the sports book's fault.

The High Roller Status

Just as with the real world and online casinos that are popular today, sports booking websites often offer a high roller status. To achieve this label, you must be willing to deposit a large sum of money with the booking agent. This does not mean that you must wager all of that money right away, or even at all, only deposit the funds. Each site will have a different cap set for the status of high roller, some are more reasonable than others. The benefit of being considered a high roller is that you are eligible for bonuses and prizes as a high roller that you would otherwise not have access to.

Sports books want to have many high rollers attached to their websites, because the more money in play, the more they can eventually make off of the bettors. Thanks to this, the incentives given to high rollers are some of the best out there. Many of these bonuses do not require any other payment or participation on your part, raffles are a good example of this benefit …show more content…
We recommend that you look into the details of the payment methods of each site before choosing with one to pursue. It is never fun to win big on a site and then have no way to access your winnings. Yet, we should make it clear that all of the major sports booking website use Visa, MasterCard, PayPal, and Bitcoin, at the least. Other common payment facilitators are Skrill, Neteller, Ukash, Polypayments, and Pugglepay. Choose the payment system that is the most convenient and comfortable for you, so you won't have any issues collecting your big winnings.

What are the maximum payouts?

Sports book platforms have payment caps, known as maximum payouts, that determine how you will receive your winnings. The site you choose will have their own set of parameters. Bovada, for example, will make a minimum payment of $20 by a couriered check. For larger sums of money, they will send you a bank wire transfer, up to the total of $7,500. Betonline will pay as much as $10,000 at a time, while 5dimes only pays a maximum of $2,499 by Western Union money transfer.

What sports can I bet

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