Stake Bitcoin Casino Brings Back “NBA Guaranteed Special” Sports Betting Promo

Now that the NBA playoffs have resumed, some online sportsbooks have launched promotions to make betting on professional basketball matches a lot more fun. Even Bitcoin Casinos like Stake, a crypto gambling site that also accepts cryptocurrencies for sports betting has brought back its “ NBA Guaranteed Payout Special.” This special sports feature is one of the most successful promotions launched exclusively for bitcoin gamblers.

 

About Stake’s “NBA Guaranteed Payout Special”

Sports betting is not only profitable and fun, especially to NBA fans as they are very knowledgeable not only with the sport but with the related mechanics for online wagering as well. Yet Stake Bitcoin Casino, is not leaving anyone out of the enjoyment as it is giving those still new to sports betting a chance to experience as much fun, through its “NBA Guaranteed Payout Special.” .

This sports promo gives customers placing wagers on NBA games, the opportunity to receive payment as winner, even if the team they chose to bet on loses the game.Still, it’s important to register their wagers with the NBA Guaranteed Payout promo, if they want to receive guaranteed money-back payouts up to a maximum of $100, if the winner of an NBA match led by 16 points or more, regardless of the team on which a promotional bet was staked, customers playing under this special offer will still emerge as winners.

The special playout is exclusive to pre-match betting offers, while qualifying only single bets staked on any selections for the NBA “Winner” markets. Where sports bettors place more than one wager, the special guarantee applies only to the first bet wagered by a Stake customer on a per match basis and for a bet of at least $5. Those expecting to receive payout credits from this promotion will have to wait 48 hours for the cashback to appear in their respective account.

Some Useful Info for NBA Sports Betting Newbies

A lot of newbie sports bettors are still confused when it comes to choosing the betting products offered by bookmakers, as several numbers with either plus or minus sign appear on the moneyline board.

First off, understand that a plus sign denotes the amount of money that a player stands to collect as winnings when betting on each side or team. If the odds indicated on an NBA team is +150, this denotes that if that team wins, a punter gets to collect a total of $150 as payout. The $100 represents the staked bet on the winning team while the $50 is the actual increment or profit gained from the $100 placed as wager.

On the other hand, odds with a minus sign indicate a different betting proposition. A -250 of a betting line means you need to invest or wager $250 if you want to collect a yield or increment of S100 on a wager.

However, the $100 and $250 bets are only examples on how plus or minus signs work as indicators. Sports punters can place bets as low as $5 or more depending on their budget. Now here’s the thing, if you’re placing bets under the NBA promo, the guaranteed payout represents a cashback for those who placed wagers on the losing team.

Moreover, since the maximum guaranteed payout is up to $100, newbie NBA sports bettors have to carefully analyze the odds, as there is a cap to the amount that will be credited as guaranteed payout.

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