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deskgameIf you are in a state where this DraftKings new user promo only rewards you $150 in bonus bets if your first wager wins, the smart move is to play it safe. deskgameIt’s fairly common for deposit match bonuses to be offered to existing players of an online casino, as well. When offered to existing players, these bonuses tend to be fairly small and are primarily a way for online casinos to retain their user base. deskgameIf your first bet entered is less than $50, a single bonus bet that equals the amount staked is sent to the new account. For wagers over $50, five bonus bets worth 20% of the initial stake will be delivered to your account by BetMGM. As an example, if you bet $900 and lose, five $180 bonus bets will be provided. The maximum amount of bonus bets allowed is $1,500. deskgameThe Nittany Lions are 11.5-point favorites, and their moneyline odds are -470 at DraftKings. A $5 wager brings a potential profit of $1.06, but it’s worth it because you have a better chance of earning the $150 bonus. You could bet $5 on Penn State -11.5 and profit $4.62, but is the difference worth it when an additional $150 bonus is on the line?