Out of a whole slew of sportsbook sign-up offers available to bettors in the United States right now, none are more unique than PointsBet's Second Chance Bets Up to $1000 promotion.
CLAIM: PointsBet's Second Chance Bets Offer
If you're not caught up to speed: the promo allows new users to sign up and make one bet per day for 10 days, up to $100 each. If that bet wins, you take your cash and move on; but if the bet loses? You get a bonus bet back in your account for the same value to use the next day.
It's a promotion that intrigues because of the plethora of ways that you can approach it in order to succeed.
But just what is the best way to leverage the promo to your benefit? The Promoguy dives in.
The Best Way to Use PointsBet's Second Chance Bet Promo
Over the next 10 days Dimers.com will be looking at how to play PointsBet's Second Chance Bets promotion from a sharp bettors perspective.
We'll run two strategies, so you can decide which is most appropriate for you. The first will be a high variance approach that maximizes your profit, while the second will be a lower variance approach that may be more applicable for those with smaller bankrolls.
MORE: Best Bets Today
To maximize profit, we'd be looking for high odds propositions on both the original bet and the free bet, ideally both with an edge based on the Dimers` models. Let's compare three approaches:
|
Original Bet Odds |
+600 |
|
Win Probability |
14.29% |
|
Lose Probability |
85.71% |
|
Bonus Bet Odds |
+600 |
|
Bonus Bet Win Probability |
14.29% |
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