Originally Posted by kewlJ View Post
So, my own sports betting....the bonus whoring is not going nearly as well as it did last year, when this play was my biggest money making AP play.

So far this year (including December) I have completed 4 cycles. That is a deposit, get bonus, play through rollover requirements, and hopefully cash out with a profit. I usually complete about 1 cycle a month between the 5 sports books I use. So, of the 3 cycles completed this year and one in December, I was stiffed out of the bonus money (profit) on one. Had two small winning cycles. And now a cycle that finished slightly in the red. First one of those. I am not getting the great bonuses I got last year which is why I am winning a lot less. That and some real bad results, possibly variance.

So the cycle I just finished, slightly in the red, presents a bit of a problem. If I withdraw the money, as I usually do at the end of a cycle, when I make my next deposit, I will not qualify for any bonus. I am not sure if I can just leave the current money there and make another deposit on top of the money in there and get a bonus on the new deposit. I think maybe I can because the site talks about and I get emails about "topping off your account". So that may be an option. If not this will probably be the second sports book I lose in just a few months. I knew this play (bonus whoring) wouldn't last forever the way I was aggressively hitting it. That end may be coming sooner rather than later.
I will never end if you do it right. Find more places, find more accounts, find ways to funnel money out of your accounts, making you appear to be a loser. One must not only appear to be making smart bets.

Lose or look like a square = more bonuses. You must be willing to give up some EV to keep the +EV coming. It's just like cover play in BJ.

Let's say you have completed or are close to completing your WR's and you're up 10k at one book, but you haven't cashed anything out yet. You suspect that once you do, you're going to get noticed and possibly cut off. Wait until there are some big games they are taking big bets on. Shop lines at other books until you can minimize your vig, get a middle, or arb of some kind and make big offsetting bets. Hopefully, you lose at the place where they are going to cut you off at. If you win, no big deal since they were going to cut you off anyway.