If you’re a brand new online sports betting enthusiast or fairly recent one that wants to know all about how to effectively use and maximize a sports betting free play bonus, consider your ticket punched!
Here’s how a sports betting free play bonus works.
How To Effectively Use And Maximize A Sports Betting Free Play Bonus
Let’s say I sent $500 to MyBookie and they gave me $500 in free plays. I now have two separate balances…a cash balance and a free play balance.
Now I pick the Boston Celtics to beat Toronto in the NBA and the line is Boston -2. Well, if I’m not sure the C’s will win, I’ll use my free play. I place $110 to win $100 of my free play and Boston wins by 10.
Oh happy day!
Now my cash balance is $500 + $100 = $600 and my free play amount is $500 – $110 = $390. If you add the two together it totals $990. So, even though I won, which if this was only a cash balance with no free play, I would have a balance of $1100, I still lost the free play amount.
Simply put, once you wager your free play, the amount risked is gone whether you win or lose. Now with cash, you get the amount you risked back if you win. So, basically, a free play is the same as cash if you lose, but if you win, you only convert it to cash.
Get it? Got it? Good!