What is a Daily Promo

Daily Promos are recurring offers from sportsbooks that are designed to keep you as a customer. These usually take the form of “free money” you can use to place bets, ranging anywhere between $10 and $300 in value. Here's an example:

These exist because the vast majority of sports gamblers are always losing money - why would you want to keep playing if all you do is lose? Enter Daily Promos - the sportsbooks attempt to make you feel like you’re winning when you’re not.

How Can I Turn Daily Promos into Profit?

If you’ve already finished turning all your sportsbook sign up offers into profit (you should go do that first if you haven’t), then converting daily promos will be extremely easy**.** We can achieve this by using matched betting, a strategy where we bet on both outcomes of the same event on two different sportsbooks. This ensures that we protect our own money no matter which outcome actually happens, and we can extract promotions without having to gamble. Let's dive in:

How Much Can I profit?

On average, our users earn $1-2K in profit from Daily Promos. These are super easy to convert - once you have all your sportsbook accounts, it shouldn’t take more than 20 minutes a day to get through all of them.

Types of Daily Promotions

Sportsbooks market their Daily Promos in a lot of creative ways, but the underlying offer always falls into one of the following categories:

1. Deposit Matches

Deposit Match promotions all follow the same structure; a sportsbook will offer to match your next deposit, up to a certain limit (ie. if you deposit $100, we will give you an extra $100).

The catch here is that you will need to wager your bonus money a certain number of times (the rollover requirement) before you are allowed to withdraw it. Of course, we are going to use matched betting to meet these requirements without ever gambling, and walk away with the bonus funds.

On average, our users convert deposit matches at a rate of 85% (ie. if a sportsbook is offering a $100 deposit match, you will walk away with $85 in profit). That being said, it is possible to convert these at 100% or even higher - for a complete guide to converting deposit match promotions, click here.

1. Risk Free Bets

You can think of these as “bet insurance” - a sportsbook will offer to “refund” your bet if it loses, up to a certain amount (ie if you bet $100 and lose, we will give you $100 back).

Of course there is a catch, and in this scenario it is that sportsbooks will refund your bet amount in “free bets”, which you can only use to place more bets with the site. Not to worry, we can still use matched betting to convert these into real cash and walk away with the funds.

On average, our users convert Risk Free Bets at a rate of **45% (**ie. if a sportsbook is offering a $100 Risk Free Bet, you will walk away with $45 in profit). Check out the complete guide for converting Risk Free Bet promotions here.

1. Free Bets

Sportsbooks will be throwing lots of free bets your way, especially when you first sign up. You will receive a certain amount of site credit that you can use to place bets - the catch here is that you only get to keep the winnings (NOT the original stake) when you win.

On average, our users convert free bets at a rate of 70% (ie. if a sportsbook offers you a $100 free bet, you will walk away with $70 in profit). Check out the complete guide for converting free bets here.

The SmartStake Toolkit

Sportsbooks are posting 1000s of bets every single minute - the odds of bets are always changing as real world events occur and influence the probabilities of outcomes. This makes finding matched bets by hand almost impossible, let alone finding the the most profitable matched bet for your promotion. Even finding out what daily promos are being offered across the 27 sportsbooks in Ontario is a huge challenge.

The SmartStake toolkit is designed to maximize your lifetime profit potential from daily promos. We’re analyzing over 1 million bets every minute, across every sportsbook in Ontario, to ensure we always have the best matched bets to convert your daily promos. We’re also constantly monitoring every sportsbook across multiple accounts to keep up with promos - check out our Daily Promos discord channel to make sure you never miss out.

How can I get started?

The best way to maximize your profits from Daily Promos is to turn checking the discord into a habit. Making $2,000 per month is possible, but not if you’re only checking the offers once a week. Dedicate 20 minutes every day to converting offers. Here’s the game plan:

• Join our discord channel
• Turn on notifications for the daily promos channel
• Check for new promos once a day
• Convert the promos that are available to you!

If you have any questions, feel free to book a call or come find us in the discord.