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Many online sports books now offer bonuses like free bets or free money. These bonuses usually come with a stipulation that the bettor place a certain number of bets. For example, a site may offer a bettor $50 free if they deposit $100 and place a total of $1000 in bets.
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The casino might give $1 for each 100 comp points. This example is equivalent to returning 0.3% of wagers on slots and 0.1% of wagers on blackjack. In addition, online casinos may offer comps such as free tickets to online tournaments, free slots online, tickets to other special events, extra bonuses, souvenirs, and payback.
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Online casinos, poker rooms and sportsbooks offer bonuses similar to brick and mortar casino comps. Comp hustlers and advantage players can use these bonuses to turn a profit via bonus hunting or can convert these comps to a guaranteed profit using matched betting. Online casinos know of the potential for losing money while giving out bonuses ...
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