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Are sports betting bonuses +EV?
I'm thinking of clearing a Boogster bonus for the equivilence of 40 dollars for BetRoyal.
For a deposit of 100 dollars I get a 10 dollar bonus.
It only takes 100 dollars wagered to clear.
I've never done sports betting (but i know how it works). I figure i'll make ten $10 bets on the team with the advantage.
The vigorish is like 20% i think so unless I'm mistaken my EV is -10 but its + 30 w/ boogster.
Is this worth the risk? Or should I just stick to clearing poker sites.
(I'd hate for this to turn into another casino bonus travesty).
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