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by the_jeremy
924 days ago
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TL;DR for clickbait title: > The lawsuit outlined how DraftKings advertised a bonus for first-time users of “up to $1,000” through a range of social media, third party, TV and radio promotions. But in order to ever receive $1,000 in additional bets, customers had to make a $5,000 initial deposit, risk $25,000 in real money within 90 days and bet on events with odds steeper than 1-3, according to the lawsuit. The bonus would also be paid out only in non-withdrawable credit. The case has not yet gone to trial. |
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The big problem with bonuses is that they are so easy to exploit so books end up having to do stuff like this. European operators have long worked out how to run these promos but, unsurprisingly, DK is struggling without that knowledge.
A lot of native-US books seem to be like this. Clueless.