Top-rated NFL Sportsbook MyBookie has unveiled a new promotion that can award loads of cash to pro football bettors without any risk to online bankrolls.
You heard that right. If your Thanksgiving NFL bet doesn’t succeed, it will be refunded. Any bet made on the Houston Texans @ the Detroit Lions, the first NFL game on Thanksgiving Day, will be refunded up to $250 if it is not a winner.
First of all, bets need to be made prior to 12:30 pm Eastern, as this promotion does not include live betting options. The first cash bet up to $250 qualifies for entry into MyBookie’s Turkey Day Free Play promotion.
This $250 maximum bet applies to straight wagers only. So, what does that mean, exactly?
In this case, bets must be made upon the point spread, and cannot be made on money line odds, over/under totals, prop bets, or live betting.
Houston Texans (2-7) @ Detroit Lions (4-5)
- Point Spread: Lions -1.5
- TV: CBS, November 26 @ 12:30 pm
The opening spread featured the Lions as a 1.5-point favorite and we expect that trend to hold once the line is revealed following this weekend’s games. However, betting on the Detroit Lions has been a risky venture in 2020.
Betting lines for Thanksgiving Day NFL games have not been posted yet at top international sportsbook sites, but MyBookie anticipates that they will be ready to take in action no later than November 24th.
In a typical NFL season, sportsbooks would have lines posted weeks in advance, but the cloud of COVID-19 is still hanging above the league, causing difficulties for schedule creators and oddsmakers alike.
Still, November 24th allows for 48 hours to think over your Thanksgiving Day NFL bet and decide whether you think that the Texans or the Lions will cover.
Both the Lions and the Texans feature talented rosters and records that don’t reflect the effort they’ve given this season. That’s why picking the team that will cover the spread will be incredibly difficult.
This promotion removes the difficulty element and allows bettors to let it ride without risk to their bankroll.
If the team you bet on doesn’t cover, you’ll get your $250 wager refunded before the Washington Football Team @ the Dallas Cowboys game begins.
If you win, congratulations. Take your earnings and do with them as you please.
If you lose, there is a 1X rollover requirement attached to refunded bets. That means that all $250 must be wagered on future sports bets before any withdrawals can be made.
Most rollover requirements for bonus cash begin at 5X, so this is an extremely generous promotion and would mark the perfect opportunity for a new member to join.
This is the third year in a row that MyBookie has offered this promotion, and if bettors play the Thanksgiving Day NFL odds right, they can parlay that first $250 winning bet into extra bankroll that can be used to bet on the day’s remaining two games.
The worst-case scenario still provides up to $250 of spending cash to bet on the Cowboys, or any other team playing on Thanksgiving Thursday. Thanks, MyBookie!