North Carolina sports betting sign-up promos: The true cash value of all 8 welcome bonuses

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North Carolina sports betting sign-up promos: The true cash value of all 8 welcome bonuses
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All the biggest operators in U.S. sports betting have made their way into North Carolina in the last two weeks.

There's still time to claim the FanDuel NC promo code where a $5 bet on any market or odds wins $250 in bonus bets no matter what.in the last two weeks. And they’re all offering better promotions in NC than what they have available in other states.

There is a hedging method that will lock in about $400 from a $1,000 first bet. It’s a big investment, since you need to bet more than $4,000 on the opposite side of your $1,000 first bet, so most people won’t do it. But I think it’s fair to call the cash value about 40% of the insurance amount.Most deposit matches come with a rollover or play-through requirement. This means that you can’t just deposit, get a match, and then immediately withdraw.

If you made 50, $100 wagers all at -110 and went 25-25, you’d lose about $227 in cash making those bets on average, but you’d earn the $500. So the deposit match, by this estimation anyway, is really only worth about $273. With ESPN BET, at least you are getting actual cash and not bonus bets.Similar to the deposit match, think about what it would cost you to earn the max match, and assume your bets hit at 50% rate.

The bet match is of course higher value, if you bet the max $100 each day and stick with it for all 10 days. As we detailed above, we estimate this offer at about $545 in cash if you max it out.

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