Avoiding Turnover Requirements
Corporate bookmakers offer some impressive deposit matched bonuses these days for signing up with them so great is their desire to grow their client base.
A deposit matched/sign up offer can put you on the front foot for a winning weekend with often $500 in bonus bets at your disposal.
The downside occurs when you are forced to turn over any winnings accrued from you bonus bets prior to withdrawing funds.
You are forced to risk your winnings and while there is every chance you will increase them, there is the potential to go away empty handed.
A common strategy used by many astute punters is the method of bonus bet burning.
This is the strategy of punters placing a bonus bet on a result they believe is unlikely to occur, then using their real cash with another bookmaker to back the opposing result which they expect to win.
The method means punters are only using bonus bets to leverage the bet they place with actual funds.
Such a strategy means punters will ideally never win with a bonus bet and thereby won’t have to jump through hoops in turning funds over accrued through bonus bet winnings.
Instead, they make a profit on their ‘real money’ wager.
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