BookMaker.com Offers $500 Deposit Bonus - Free Money or Scam?

BookMaker.com, one of the oldest online sportsbooks, has announced a new bonus offering a 20% match up to $500 on any player’s first deposit at the site. This bonus is available for all new depositers, regardless if they’re poker players, casino bettors, sports bettors, or horse bettors. If you’d like to learn more about the bonus, such as it’s terms and conditions and how to actually redeem the bonus, keep reading this article.

The first thing we’ll discuss is the terms of the bonus. Like other online gambling bonuses, this bonus isn’t actually free money. Although it’s advertised as a free money offer, it really is not. To earn your bonus you have to clear the money before you can withdraw your bankroll. In the case of the Bookmaker bonus, you’ll have to wager five times your deposit amount.
What this means is that for every dollar you deposit, you’ll have to make $5 of wagers before you are able to withdraw. So, if you deposit $2,500 to fully take advantage of the $500 bonus, you’ll have to make $12,500 in wagers before you can withdraw. Of course, you don’t have to win or lose $12,500 – just wager it, but that is still a pretty big sum to require before you can even withdraw your money.

The reason BookMaker.com adds these bonus requirements is to prevent bonus fraud, and to hopefully make you lose before you can cash out. If you’re wagering your deposit total five times, odds are that you’re going to lose once in a while and go bust before you earn the money. Even if you don’t go bust before you wager five times the deposit amount, you’ve likely lost more money than your bonus is worth, so they still make money on you.

However, this bonus is good if you’re actually a smart gambler who can beat the odds. In that case, it’s just free money that you can add on to your other winnings before you withdraw.
We only recommend signing up here if you’re going to play poker, bet on sports, or bet on horses. Basically, if you’re planning to play casino games, you shouldn’t sign up because of the bonus, because it’s almost a guarantee that you’re going to go broke before you meet the wagering requirements. At least in poker and sports/horse betting you have a fair chance at winning, as you’re not at a constant disadvantage.

Remember to note that BookMaker.com is one of the few USA friendly online gambling operations. If you’re a USA player and feel like you can beat the bonus requirements, then yes, this could be free money. However, if you’re a casual player who doesn’t really know the odds, don’t be scrambling to deposit just because you think you’re getting a free $500.

If you would like to redeem the bonus, all you have to do is sign up at BookMaker.com using this BookMaker bonus code.