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OLG.ca

OLG - FREE $100 on $400 deposit - playsports100 code

  • Last Updated:
  • Apr 6th, 2022 4:39 pm
[OP]
Newbie
Jan 23, 2022
21 posts
88 upvotes

[OLG.ca] OLG - FREE $100 on $400 deposit - playsports100 code

Retailer:
OLG.ca
More offers from OLG.ca
First post on RFD but long time lurker.

Similar to Superbowl bet, they're matching 25% deposit (new/existing customers) up to $100.

Need KYC to withdraw funds. Use debit card/interac to deposit funds. Credit card might incur cash advance fee.

Code: playsports100

I bet on United vs atheltico game on both teams to score in regulation time.

Put $52 on 1.80 and $48 on 1.95 for net $93.60 payoff. Might be better deals but this is what I did.

Happy to answer any questions. Good luck!
Last edited by TomRFD on Mar 29th, 2022 7:56 pm, edited 1 time in total.
Reason: updated retailer name
112 replies
Jr. Member
Jun 26, 2020
175 posts
173 upvotes
So it used the bonus money first?

Is there a wager requirement?
Deal Addict
User avatar
Dec 22, 2014
3644 posts
3933 upvotes
Mordor
riskparity wrote: First post on RFD but long time lurker.

Similar to Superbowl bet, they're matching 25% deposit (new/existing customers) up to $100.

Need KYC to withdraw funds. Use debit card/interac to deposit funds. Credit card might incur cash advance fee.

Code: playsports100

I bet on United vs atheltico game on both teams to score in regulation time.

Put $52 on 1.80 and $48 on 1.95 for net $93.60 payoff. Might be better deals but this is what I did.

Happy to answer any questions. Good luck!
suppose you deposited $80 of hard cash for $100. you will get the following winning/losing scenario
based on the wording: "both teams to score (regulation time)"
both teams score in regulation = $93.60 - $80 (real cash) = $13.60 winnings
no teams score in regulation = $93.60 - $80 = $13.60 winnings
only one team scores in regulation = lose $80
so betting $80 of real $ to get a maximum profit of $13.60 winning with a potential to lose $80.

a safe bet would be betting odd/even for score for any NBA games, it is a 1.87x payout
betting $50 on odd and betting $50 on even
if total score is even = $93.50 - $80 (real cash) = $13.50 winnings
if total score is odd = $93.50 - $80 (real cash) = $13.50 winnings
so betting $80 of real $ to get a profit of $13.50 winning without any ways to lose.

correct me if i am wrong as i am still new to sports betting and trying to cash out the bonus
Last edited by ShadowMordor on Mar 14th, 2022 11:55 pm, edited 1 time in total.
Jr. Member
User avatar
Nov 20, 2014
126 posts
226 upvotes
London, ON
Can't wait to be -$500 instead of -$400.
Deal Addict
Jan 2, 2017
1470 posts
2211 upvotes
ShadowMordor wrote: suppose you deposited $80 of hard cash for $100. you will get the following winning/losing scenario
based on the wording: "both teams to score (regulation time)"
both teams score in regulation = $93.60 - $80 (real cash) = $13.60 winnings
no teams score in regulation = $93.60 - $80 = $13.60 winnings
only one team scores in regulation = lose $80
so betting $80 of real $ to get a maximum profit of $13.60 winning with a potential to lose $80.

a safe bet would be betting odd/even for score for any NBA games, it is a 1.87x payout
betting $50 on odd and betting $50 on even
if total score is even = $93.50 - $80 (real cash) = $13.50 winnings
if total score is odd = $93.50 - $80 (real cash) = $13.50 winnings
so betting $80 of real $ to get a profit of $13.50 winning without any ways to lose.

correct me if i am wrong as i am still new to sports betting and trying to cash out the bonus

How it worked during superbowl was that they allowed people to use the bonus money first, when placing a bet. So people used that money and split it on an outcome with odds around 1.91 both ways. They were guaranteed with a profit since the money used was the bonus. They then cashed out with their deposit and what ever amount they got off the bet using the bonus. The bonus money can only be turned into actual money that you can withdraw by placing a bet with it.

You wouldn't be betting at all with your deposited money but instead the bonus free money, if it's the same as last time
Penalty Box
Dec 16, 2020
227 posts
374 upvotes
Lol olg pos, ramping up the promos right at the heel of a recession. They definitely know their audience
xtreme to the maximum
Newbie
Oct 7, 2015
61 posts
101 upvotes
Toronto, ON
Didn't work for me. Is the promo done? Thanks
Images
  • Screenshot_20220315-084235_Chrome.jpg
Member
Feb 24, 2016
296 posts
380 upvotes
I cancelled as soon as they asked where I work.
Useless Fintrac rules worried about my $20 a week.
Newbie
Jul 6, 2020
60 posts
52 upvotes
KingYean wrote: Didn't work for me. Is the promo done? Thanks
Promo worked for me. Is your daily deposit limit in your OLG account settings less than $400?
Newbie
Oct 7, 2015
61 posts
101 upvotes
Toronto, ON
No it isn't. But I tried again. This time with $500 and it worked. Thanks. Upvoted OP
Sr. Member
Jul 31, 2012
654 posts
852 upvotes
Toronto
Image

Never bet before, if I place this bet, am I guaranteed to walk away with between $93.50 and $98.50?
Deal Addict
User avatar
Feb 6, 2007
1363 posts
1004 upvotes
Markham
pkeep22 wrote: Image

Never bet before, if I place this bet, am I guaranteed to walk away with between $93.50 and $98.50?
I don’t think it would work that way. You will not get back the $50 house money so it would be $43.50 or $48.50. I think the amounts showing are if you played with your own money.
Member
Aug 31, 2010
283 posts
498 upvotes
Can this money be used for lotto tickets? Or only for betting games?
Deal Addict
User avatar
Mar 3, 2012
3464 posts
1816 upvotes
GTA
i3kc wrote: I don’t think it would work that way. You will not get back the $50 house money so it would be $43.50 or $48.50. I think the amounts showing are if you played with your own money.
That's what the OP did though...
I bet on United vs atheltico game on both teams to score in regulation time.

Put $52 on 1.80 and $48 on 1.95 for net $93.60 payoff. Might be better deals but this is what I did.
I love RFD! :)
Sr. Member
Sep 17, 2012
564 posts
918 upvotes
If you deposit $400, you will get $100 sports bonus. Anything preventing you from withdrawing the $400 right away? Unlike the Super Bowl promo last month, doesn't look like you need to do anything with your original deposit.

Last time, once the cash balance was zero, it forced the system to use your Sports Bonus balance when placing bets.
Member
Dec 5, 2010
226 posts
244 upvotes
Toronto
xtremeguy wrote: Lol olg pos, ramping up the promos right at the heel of a recession. They definitely know their audience
No, it's because a lot of other gambling sites are becoming prominent. They are trying to promote supporting your province instead of giving your money to overseas companies.
Deal Addict
User avatar
Aug 7, 2007
4415 posts
3243 upvotes
GTA
OLG needs better funding options. What a pain.

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