Carib Sports Book Bonus

Carib Sports Book Bonus I would be interested in some experts at math chiming in and providing me an opinion on the value of the sportsbook bonus at Carib sports book and how I realize it. All sports books other than Carib have offered me either a cash bonus or a free play bonus. The Carib bonus is what is called a "sticky" bonus. I deposit 500 and I get 250 of the bonus. I can bet 750 dollars but if I withdraw from the account at any time I do not obtain the bonus amount. No rollover amount earns me the bonus as any amount I can ever withdraw. 1. Is this bonus better in terms of value than a cash bonus? Or worse? 2. I didn't do this when I signed up but if I had deposited 500 I would have earned 250 as the bonus. If I had bet the 500 and then 250 on the same event and won the bet what would my balances be assuming my bet was at even money? Would I have 1000 in cash and 250 still of this bonus to bet with or would I have 1250 of cash and 250 of this bonus? 3. Is there a playing strategy I should be using to maximize this bonus value? If anyone can be of assistance, I would be interested and appreciative.

It sounds like the $250 is good until it loses. What I wonder whether your first $250 of losing bets count toward this bonus or if you have to completely bust out to lose that $250.

I am fairly certain the answer to your question is that the 250 is in there until I bust out. Let's say I start witha balance of 1000 and then get 250. On Day 1 I bet all of the 1250 I can bet. I lose 100. I now have 900 in cash and 250 on credit. According to their rules I must have at least 50 dollars to keep my 250. If I lose 100 per day for 9 days I could get down to 100 cash but I'm thinking in this scenario I would still have my 250 on credit. If those last 350 in bets and let's say I spread them get me back at least 50 dollars do I have that 50 dollars plus the 250 still in sticky bonus to bet with the next day? I don't know I'm just guessing. It is clear that if I don't have 50 that sticky bonus is gone. Is this the advantage? That I can basically almost lose all of my money but if I can just stay at 50 or above I'm likely to finally win one day so that my account has a better chance to grow? Or am I wrong here in my interpretation of how it will work? And if I don't lose, how am I benefiting from the extra 250? It seems that my results are just what I would have without the bonus so far but I have the extra amount to bet. But if I do a withdrawal, I don't get this extra 250 so it is like I had no bonus to begin with.

So when you make a bet, it doesn't ask whether that bet is coming from your balance or your bonus money?

Yes I would say that. Once betting it is all just my available amount to bet.