Bonus Hunting – Sportsbook Basics
Please take a few minutes to carefully read through this document before starting. It explains the most important sportsbook basics, common bonus offer types, and how the process works step by step. Even if you have never used sportsbooks before, this guide is designed to help you understand everything in a simple and easy way.
➨ If anything is unclear or you need help at any point, you can always contact your Success Coach for support.
Bet Types
There are different types of bets you can place on sportsbooks. Below are the most common bet types you will use during the process.
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Match Winner:
You bet on which team or player wins. Example:
Lakers vs Celtics
You bet on the Lakers to win the game.Over / Under:
You bet if the total score will be over or under a certain number. Example:
Over 2.5 goals = The game needs 3 or more total goals.
Under 2.5 goals = The game needs 2 or fewer total goals.
What Are Odds?
Odds show how much money you can win if your bet wins and how likely something is to happen.
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Plus odds (+) usually mean higher risk and higher reward.
Minus odds (-) usually mean lower risk and lower reward.
Example:
+150 = Bet $100, win $150 profit
-150 = Bet $150, win $100 profit
How to create an Account
To create a sportsbook account, go to the sportsbook website shown in your guide. Before signing up, always check if the required promotion is available, as some sportsbooks require you to manually activate or select the offer first. Then enter your email and personal information to create the account.
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Important Information:
Most bonuses are only available for new customers. If you already have an account at a certain sportsbook, let us know before starting and we will usually skip that sportsbook. Sportsbooks may ask for ID verification, especially before withdrawals. This is used to prevent multiple accounts from being created by the same person.
How to place a bet?
Example Bet:
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Step 1 – Open The Betting Guide
Open the betting guide provided by your Success Coach. In the guide, you will find what to do and in the sportsbook folder, you will find the actual bet slip with the match, market, odds, and exact stake you need to place.
Step 2 – Find The Game
Go to the sportsbook shown in the guide and search for the game.
You can usually use the sportsbook search bar or navigate through the sports and markets manually. To confirm it is the correct match, make sure the teams and game date match the information shown in the guide.
Example:
Cincinnati Reds @ Philadelphia PhilliesStep 3 – Place The Bet
Select the exact betting option shown in the bet slip. It is important to choose from the correct betting option and the correct team/outcome shown. Once selected, enter the exact stake amount from our bet slip.
Before placing the bet, double check that everything was entered correctly. Bets usually cannot be changed or cancelled after they are placed.
Also make sure the odds are still within the allowed range before placing the bet. More details on how to check this are explained below. If the odds are outside the ideal range, wait for the next game from us.
Example:
First, go to the sportsbook bet365. Then select Philadelphia Phillies (Match Winner) as the winning team. After that, enter the $50 stake amount and check that the odds are close to -141 before placing the bet.Step 4 – Place The Hedge Bet
Now place the hedge bet shown in Bet 2 on the sportsbook listed in the guide. The hedge bet must always be placed on a different sportsbook than the main bet. It is important to choose the opposite team or outcome from the first bet. Never place the same team twice, otherwise the hedge will not work correctly. Placing the hedge bet works the same way as in Step 3 and follows the same rules.
Example:
First, go to the sportsbook DraftKings. Then select Cincinnati Reds (Match Winner) as the winning team, which is the opposite side of the first bet. After that, enter the $38 stake amount and check that the odds are close to +124 before placing the hedge bet.
How to check if a match still valid
Always compare the live sportsbook odds with the odds shown in the guide before placing both bets.
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The odds should normally not move more than around 10 odds points away from the original value shown in the guide. Otherwise, the profit calculation changes and the expected guaranteed profit may become smaller or inaccurate.
Example:
Guide Odds:
Main Bet: -110
Hedge Bet: +105Still Acceptable:
Main Bet: -115
Hedge Bet: +110Not Acceptable:
Main Bet: -135
Hedge Bet: +110In the second example, the odds moved too far away from the original calculation. This changes the hedge balance and can reduce profit or create additional risk. If this happens wait for another match, usually takes 1-2 hours.
Bonus Offer Types & How They Work
Online sportsbooks offer different promotions and bonuses to attract new customers and keep existing users active. Bonus Hunting is the process of converting these sportsbook promotions into real profit by covering both possible outcomes of a game with two opposite bets. Because both sides are covered, the final result of the match usually does not matter, as one of the bets will win either way. Below are the most common bonus offer types you will use during the process.
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Bet X Get X
A Bet X Get X offer is one of the most common sportsbook promotions. To unlock the bonus, you first place a small normal bet using your own money. This first bet is called a qualifying bet because it qualifies your account for the free bonus reward.
Example from the offer:
Bet $5 → Get $150 in Bonus BetsAfter placing the $5 bet and once the game is settled, the sportsbook credits your account with $150 in bonus bets or free bets. These bonus bets can then be used on another game and converted into real profit using the Bonus Hunting process.
Because the process is simple and easy to follow, Bet X Get X offers are one of the easiest bonus types to convert into profit.
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Risk-Free Bet / No Sweat Bet
A Risk-Free Bet, also called a No Sweat Bet or Second Chance Bet, allows you to place a normal bet using your own money while receiving protection if the bet loses.
If your bet wins: You keep the winnings normally
If your bet loses: The sportsbook refunds your stake, usually as a bonus bet or free betExample from the offer:
Risk-Free Bet up to $1,000In this example, a new customer can place a first bet up to $1,000. If the bet loses, the sportsbook refunds the amount as bonus credit. This works similarly to insurance for your bet and is one of the most popular sportsbook promotions used in Bonus Hunting.
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Deposit Bonus / Deposit Match
A Deposit Bonus means the sportsbook gives you extra bonus funds after making a deposit into your sportsbook account.
Example offer:
200% Deposit Match up to $500Example case:
You deposit $100 and receive an additional $200 in bonus funds
Most deposit bonuses require you to place bets before the bonus money can be withdrawn. This is called a wagering requirement. Deposit bonuses can generate strong profit opportunities, although they may require a few more betting steps than simpler promotions like Bet X Get X offers.
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Profit Boost
A Profit Boost, also called Enhanced Odds or a Price Boost increases the payout of a specific bet by improving the odds in your favor.
Example from the offer:
Original Odds: -200
Boosted Odds: +100This means the sportsbook gives a much higher payout than normal if the bet wins.
When used correctly, Profit Boost offers can also be converted into profit using our Bonus Hunting process by balancing both outcomes across different sportsbooks.
General Rules (Important)
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➤ Stay Active
Most promotions are only available for a limited time. Check your available offers every day and complete them as soon as possible. Staying active allows you to access more opportunities, maximize your profits over time, and avoid missing valuable promotions before they expire.
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➤ Follow Instructions Exactly
Only complete offers exactly as described in the guide. Avoid making random deposits, playing games that are not specified, or placing additional wagers outside the instructions. Following the proven process ensures you maintain a positive expected value and maximize your long-term profits.
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➤ Reinvest Your Profits
Avoid spending your profits until you have completed all available offers. Reinvesting your earnings increases your available bankroll, allowing you to qualify for larger promotions, unlock higher-value opportunities, and maximize your total profits throughout the program.