By now you have seen all of the banner ads and touting of all of these internet sites and probably have a few questions.
1) Why should I bet on the internet?
2) Is it safe?
3) What are the benefits?
4) What are these free bonuses and free money offers?
5) What is a rollover?
Well lucky for you, I am here to answer all of these questions for you and hopefully lead you down the right road when choosing your internet site. Now I will address these questions one by one.
1) WHY SHOULD I BET ON THE INTERNET?
The real question is why shouldn't you. The internet race and sportsbooks have many advantages over your local bookie and few if any drawbacks. Internet sites off 24/7 accessability and you never have to deal with a busy signal. Convenience alone is the main reason I switched.
Lines are up immediately following the days actions and you can place a bet whenever you want. You like the line on Wednesday, then bet it and lock it in. How many times have you seen a line in the newspaper and said, "Man, I wish I lived in Vegas because I would bet that game today because I know it is going to be higher on Sunday!" Well now you can! There are many more benefits which I will go over for question number 3 but that alone should have many of you clicking away right now.
2) IS IT SAFE?
This is the main question and probably the most important and the answer is yes. I know you are wondering about the new bill that is in front of Congress right now but all that bill does is make it impossible for credit card transactions. There are many safe and legal ways to fund your account with no worries, Neteller probably being the safest and most dependable one. Your money is your money and the sportsbooks will transfer it to your neteller account upon your request and you can either have it transferred directly into your bank account or make a w/d from an ATM with a Neteller Card, either way, your money is safe.
3) WHAT ARE THE BENEFITS?
Get yourself comfortable because this list is long.
As stated above, convenience. You no longer have to wait for hours of operation and can place your bets whenever you want. You are not left hanging all day and having to wait until the phone lines are available. You can pump up your action after your 12:00 games hit if you want and don't have to lock everything in before 2:00 like you do with your local guy.
Another big reason are the payouts. An internet teaser is only 10%, that's right, 10%! Forget about paying 20% vig on the net, it doesn't exist (unless of course you want to buy points, more on that later). Guess what else, you know how your man gives you a loss on a win and a push, no more, that bet is a return of wager on the net! That alone will save you a ton of cash over the year. All parlay payouts are over 10% higher on the net, 10% more money for free! A local parlay pays 30/70, on the net you get a $78 payout on a $30 wager. More free money! All multi team parlays also pay much higher and you are not locked out at 3 teams like you are with our guy, you can go up to 10 and sometimes 12 teams!
Most internet sites also offer 1/2 price Fridays. This means that they only charge you 5% vig on Fridays as compared to the 10% they normally charge. If you know who you like and like the line, there is absolutely no reason not to take advantage of this. This also jacks up the payout on parlays as the normal payout is figured with 10% juice, now you will be getting over $80 on a $30 parlay if you place it on Friday.
How many times have you seen a line at 7 and felt the game was going to be decided by a touchdown and wanted to move that line by just a half point. Well now you can, just about every sportsbook out there will give you an extra 1/2 point in your favor for an extra 10%. Most will let you move the line up to 1 1/2 points at 10% for every 1/2. Some sites (at least one that I have a link for) even offer you a free lifetime half point if your opening deposit is a certain amount. Imagine that, a free half point for life! You can also change the teaser line from 6 points to as much as 7 1/2 if you so choose. Again, you pay more vig but you can make the line what you want in that range.
You like free stuff? Well it will be arriving by the boatloads if you are a good customer. Win or lose, most sites will send you magazines, shirts, hats, coats, etc... just for being a customer. I have been sent everything from an extremely nice golf wind jacket to t-shirts and hats, magazines and World Series and Super Bowl Programs and I don't even bet that much!
Believe it or not, you really can't get in economic trouble betting on the net. You can only bet what you have so there is no running up a $2,000 tab with your local guy and then trying to figure out how you are going to pay him. If it is not in your account, you cannot bet with it.
You get your money when you want it. Look at the other side of the coin, you have a monster weekend and win $3,000. You hit one of those goofy 10 team parlays and you want your money. Now you don't have to wait for your local guy to go collect and hope everyone pays him so he can pay you. Nope, you go on the net after the Monday Night Game is over and make a w/d and the money is in your account in most cases the very next day!
Finally, and I am sure I am forgetting to mention things, are the bonuses and free money which leads us to the next question.
4) WHAT ARE THESE FREE BONUSES AND FREE MONEY OFFERS?
Well free might not be the word but it is pretty close. Just about every site offers a sign up bonus. Normally, it is in the 20-50% range and most will give you a once a month reload bonus. You usually have to do a rollover do clear you cash (I will go over that in the next question) but depending upon how much you deposit, you can do that pretty quickly (check out my Bonus Whore article to see how to do this most efficiently)
Some sites get really generous. Over and above giving you bonus money that you can immediately bet with, they will also give you a free play. The free play allows you to make a wager at no risk whatsover but you get to collect if it wins. How great is that, no risk and free money when your bet cashes!
Now that you have your bonuses and want to cash out, all you have to do is qualify your rollover which is...
5) WHAT IS A ROLLOVER?
This is the one catch but I don't think it is really any big deal. When you make a deposit, you have to roll your money over (usually anywhere from 3-5 times) to clear the bonus. This means if you deposit $100 and receive $20 free, you have to wager $300 before you can make a w/d. Again, the secret is to decide how much you will be betting and make this as easy as possible to do (make sure you read the Bonus Whore article as I explain how to make this very easy).
Many people get scared off by this but when you think about it, if you normally bet $25 and make a deposit of $200 for the weekend and you are winning, you will probably wager that amount over 2 weekends and then you can get the money whenever you want from then on, no more restrictions. The only time you have to meet a rollover is when you take bonus, other than that, you can deposit, win and then make a w/d immediately. Some sports books only allow 1 free w/d per month but most will let you do whatever you want. Just make sure you read their guidelines on w/d's before you sign up to make sure it is right for you.
1) Why should I bet on the internet?
2) Is it safe?
3) What are the benefits?
4) What are these free bonuses and free money offers?
5) What is a rollover?
Well lucky for you, I am here to answer all of these questions for you and hopefully lead you down the right road when choosing your internet site. Now I will address these questions one by one.
1) WHY SHOULD I BET ON THE INTERNET?
The real question is why shouldn't you. The internet race and sportsbooks have many advantages over your local bookie and few if any drawbacks. Internet sites off 24/7 accessability and you never have to deal with a busy signal. Convenience alone is the main reason I switched.
Lines are up immediately following the days actions and you can place a bet whenever you want. You like the line on Wednesday, then bet it and lock it in. How many times have you seen a line in the newspaper and said, "Man, I wish I lived in Vegas because I would bet that game today because I know it is going to be higher on Sunday!" Well now you can! There are many more benefits which I will go over for question number 3 but that alone should have many of you clicking away right now.
2) IS IT SAFE?
This is the main question and probably the most important and the answer is yes. I know you are wondering about the new bill that is in front of Congress right now but all that bill does is make it impossible for credit card transactions. There are many safe and legal ways to fund your account with no worries, Neteller probably being the safest and most dependable one. Your money is your money and the sportsbooks will transfer it to your neteller account upon your request and you can either have it transferred directly into your bank account or make a w/d from an ATM with a Neteller Card, either way, your money is safe.
3) WHAT ARE THE BENEFITS?
Get yourself comfortable because this list is long.
As stated above, convenience. You no longer have to wait for hours of operation and can place your bets whenever you want. You are not left hanging all day and having to wait until the phone lines are available. You can pump up your action after your 12:00 games hit if you want and don't have to lock everything in before 2:00 like you do with your local guy.
Another big reason are the payouts. An internet teaser is only 10%, that's right, 10%! Forget about paying 20% vig on the net, it doesn't exist (unless of course you want to buy points, more on that later). Guess what else, you know how your man gives you a loss on a win and a push, no more, that bet is a return of wager on the net! That alone will save you a ton of cash over the year. All parlay payouts are over 10% higher on the net, 10% more money for free! A local parlay pays 30/70, on the net you get a $78 payout on a $30 wager. More free money! All multi team parlays also pay much higher and you are not locked out at 3 teams like you are with our guy, you can go up to 10 and sometimes 12 teams!
Most internet sites also offer 1/2 price Fridays. This means that they only charge you 5% vig on Fridays as compared to the 10% they normally charge. If you know who you like and like the line, there is absolutely no reason not to take advantage of this. This also jacks up the payout on parlays as the normal payout is figured with 10% juice, now you will be getting over $80 on a $30 parlay if you place it on Friday.
How many times have you seen a line at 7 and felt the game was going to be decided by a touchdown and wanted to move that line by just a half point. Well now you can, just about every sportsbook out there will give you an extra 1/2 point in your favor for an extra 10%. Most will let you move the line up to 1 1/2 points at 10% for every 1/2. Some sites (at least one that I have a link for) even offer you a free lifetime half point if your opening deposit is a certain amount. Imagine that, a free half point for life! You can also change the teaser line from 6 points to as much as 7 1/2 if you so choose. Again, you pay more vig but you can make the line what you want in that range.
You like free stuff? Well it will be arriving by the boatloads if you are a good customer. Win or lose, most sites will send you magazines, shirts, hats, coats, etc... just for being a customer. I have been sent everything from an extremely nice golf wind jacket to t-shirts and hats, magazines and World Series and Super Bowl Programs and I don't even bet that much!
Believe it or not, you really can't get in economic trouble betting on the net. You can only bet what you have so there is no running up a $2,000 tab with your local guy and then trying to figure out how you are going to pay him. If it is not in your account, you cannot bet with it.
You get your money when you want it. Look at the other side of the coin, you have a monster weekend and win $3,000. You hit one of those goofy 10 team parlays and you want your money. Now you don't have to wait for your local guy to go collect and hope everyone pays him so he can pay you. Nope, you go on the net after the Monday Night Game is over and make a w/d and the money is in your account in most cases the very next day!
Finally, and I am sure I am forgetting to mention things, are the bonuses and free money which leads us to the next question.
4) WHAT ARE THESE FREE BONUSES AND FREE MONEY OFFERS?
Well free might not be the word but it is pretty close. Just about every site offers a sign up bonus. Normally, it is in the 20-50% range and most will give you a once a month reload bonus. You usually have to do a rollover do clear you cash (I will go over that in the next question) but depending upon how much you deposit, you can do that pretty quickly (check out my Bonus Whore article to see how to do this most efficiently)
Some sites get really generous. Over and above giving you bonus money that you can immediately bet with, they will also give you a free play. The free play allows you to make a wager at no risk whatsover but you get to collect if it wins. How great is that, no risk and free money when your bet cashes!
Now that you have your bonuses and want to cash out, all you have to do is qualify your rollover which is...
5) WHAT IS A ROLLOVER?
This is the one catch but I don't think it is really any big deal. When you make a deposit, you have to roll your money over (usually anywhere from 3-5 times) to clear the bonus. This means if you deposit $100 and receive $20 free, you have to wager $300 before you can make a w/d. Again, the secret is to decide how much you will be betting and make this as easy as possible to do (make sure you read the Bonus Whore article as I explain how to make this very easy).
Many people get scared off by this but when you think about it, if you normally bet $25 and make a deposit of $200 for the weekend and you are winning, you will probably wager that amount over 2 weekends and then you can get the money whenever you want from then on, no more restrictions. The only time you have to meet a rollover is when you take bonus, other than that, you can deposit, win and then make a w/d immediately. Some sports books only allow 1 free w/d per month but most will let you do whatever you want. Just make sure you read their guidelines on w/d's before you sign up to make sure it is right for you.
posted by HeadWaiter at 5:10 PM
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