BetsBooster Explained

OK, you've said you do the math -

But how exactly does it work?

The big question. We’ve promised to help you turn free bets and sportsbook promotions into real cash. And, because you’re a smart human, you have questions about how that’s so easy to do. Fair enough.

The truth is, it is easy, because we’ve done the hard part first – the math and equations to make sure we maximize your take-home.

But that’s easy to say. So let’s walk you through how we do.

What you need in this example:

Step 1

Receive an offer

In this case, let’s say BetMGM is running a sign-up offer for new customers – promising that your first bet will be ‘risk-free’ because, if it loses, they’ll reimburse you with free bets.

Step 1

Step 2

Use the offer

It’s a generous incentive, so sign up for a shiny, new BetMGM account, and bet $1,000 (the maximum allowed on this offer) on Middle Tennessee winning at +300. What does that mean? Click here.

Step 2

Step 3

Place an insurance bet

Because Middle Tennessee might not win. In fact, their supporters might suggest they rarely win. But that’s not the point. To cover your $1,000 bet on the Blue Raiders, go to DraftKings and bet $2,583 on Colorado State winning at -360.

Step 3

Step 4

Yes, you’ve bet $3,583 of your own cash

This is, perhaps, the trickiest bit – to make this process work, you do need to fund it. So, in this example, you’d need to deposit $1,000 on BetMGM to qualify for their sign-up offer – and then $2,583 on DraftKings for your covering bet.

Step 4

Step 1:

Receive an offer

In this case, let’s say BetMGM is running a sign-up offer for new customers – promising that your first bet will be ‘risk-free’ because, if it loses, they’ll reimburse you with free bets.

Step 2:

Use the offer

It’s a generous incentive, so sign up for a shiny, new BetMGM account, and bet $1,000 (the maximum allowed on this offer) on Middle Tennessee winning at +300. What does that mean? Click here.

Step 3:

Place an insurance bet

Recap

Yes, you’ve bet $3,583 of your own cash

The game takes place - with two potential outcomes...

Outcome A:

Middle Tennessee win

See, what were you being so negative about? That gives you $4,000 in winnings on your BetMGM free bet. So you’ve turned an initial investment of $3,583 into a $417 profit. Nice work! You’re done here.

Outcome B:

Colorado State win

This is why we do the insurance bet. Your $2,583 bet with DraftKings has become $3,300 – which is still slightly short of your initial investment, but we now have a $1,000 free bet with BetMGM because our bet there lost, so have a couple extra steps to follow…

Again, the game ends with two possible outcomes...

Step 4:

Reload with the free bet

Use your free bet, generously awarded as part of the BetMGM sign-up offer, to back the Golden Panthers at +400.

Step 5:

Cover the bet

Take the $3,300 winnings from your Draft King account and bet on Texas State at -480.

Cash Out Your Free Bet To Get Back In The Green:

Step 4:

Reload with the free bet

Use your free bet, generously awarded as part of the BetMGM sign-up offer, to back the Golden Panthers at +400.

Step 5:

Cover the bet

Take the $3,300 winnings from your Draft King account and bet on Texas State at -480.

Again, the game ends with two possible outcomes...

Outcome A:

Florida Int win

Your $1,000 free bet nets you $3,987 in winnings – an overall profit of $404 on your original investment ($3,583). Result!

Outcome B:

Texas State win

Your $3,300 bet becomes $3,987… which, you’ve guessed it, represents $404 in profit!

Verdict: More than 10% profit in less than five steps

Result 1:

$417 profit

Result 2:

$404 profit

Whichever route you follow – and that part truly is impossible to calculate, such is the magic of sport – you can easily lock in profits all from a few short clicks.

Of course, this route and example is hypothetical – albeit based on real match odds at the time – but hopefully illustrates how our math works, how it protects your bets, and maximizes your wins.