Beware of Outrageous Bonus Offers – September 10th, 2009
New Sportsbook offerring large bonuses (75%, 100%, 125% or more) – this is a very common tactic of new operations that don’t know what they are doing. They open a new sportsbook (especially around football season) and offer large bonuses to get players to sign-up.
Their business model is flawed from the beginning and eventually lead to financial troubles, slow/no-pay disputes and shutdown. Also beware of offers that combine High Bonuses with Reduced Juice, or Lines (odds) that are way out there. Remember: If a promotion looks too good to be true, it probably is.
Be cautious depositing funds with New Sportsbooks offerring outrageous bonuses, you may never see them again. If you have built up a large balance we strongly advise that you start to withdraw the funds in small increments and sign up with one of the more reputable sportsbooks listed on our Top Sportsbooks page.