The Basics of Using a 0.5% Cashback Debit Card to Cycle Money through Sportsbooks Daily for a 182% Annual Return

The Basic Process Flow (Morning Deposits and Nightly Withdrawals)

EDGE Boost allows you to earn cashback on qualifying deposits made to eligible partner platforms – without changing how you play. Just deposit, bet, withdraw, repeat.  That’s it.  Here’s how it works:

1. Deposit using your EDGE Boost debit card

Use your EDGE Boost card to make instant deposits to eligible, legal U.S. sportsbooks.  Earn up to 0.5% cashback on qualified deposits.  Paid monthly.

2. Place your bets

This step is exactly what you’re already doing. Just place your bets like normal – no special strategy or extra steps needed. However, to avoid betting losses you can check out our arbitrage betting strategy.

3. Withdraw back to your EDGE Boost debit card

After your bets settle, withdraw your winnings back to your Edge Boost debit card.

4. Repeat every day

Once your funds return to EDGE Boost, you’re free to re-deposit.  All eligible transfers can get you up to 0.5% cashback. If you withdraw at night after games are over, your money typically hits your EdgeBoost account by the next day mid-afternoon at the latest. But often times it clears within minutes.

Is This Exploitative?

A little bit, you are literally just cycling the same money through sportsbooks for the sake of milking cashback. Rather, it’s capitalizing on an advantageous structure. It’s also entirely legal and this strategy is understood and acceptable by the involved institutions. The reason they allow it is much deeper and due to the financial mechanics, but everyone is happy! Most books will simply force you to actually make bets each day with your deposits, which is why we use arbitrage betting (betting opposite sides of the same event on two different sportsbooks) to guarantee tiny profits and continue to cycle. Worst case, a book decides to no longer allow this strategy and they ban you, but your money is always safe and retrievable since everything is regulated (with US books).

Final Thoughts

The Edge Boost debit card has no signup fees or monthly costs. If you already bet, don’t leave money on the table, get your EDGE Boost debit card today and start cycling for cashback. And remember, 0.5% return every day is 182% annual return without compounding. Compounding once per month (monthly EdgeBoost cashback payouts) is a 446% return. There’s upper limits on this of course, each book has different thresholds for playthrough and withdrawal sizes that trigger flags. But if you play through your entire balance each day, then the sky is the limit.

There is some nuance to this process though, so you should read about it in our other articles.

As a reference, for the last 9 months we deposit $9500 to one book each morning, place a few arbs (far less than $10k total), and withdraw at night. The arbs are placed with various separate books that we just keep a couple hundred dollars in each for the sake of doing the arbs against our one main book. This process overall takes very little time, maybe 30 minutes a day, and makes $1425 per month ($9500 daily deposit x 0.5% cashback x 30 days). Plus, our arbitrage profit is on top of that. We are a team, and one of us pursues arbitrage betting for multiple hours per day and makes over $4k per month just from that, but it just depends on how you want to optimize your time and he has been doing this for years. If you add in +EV betting with arbing then there’s lots of room for growth. It’s worth mentioning, we chose our strategy because after many months of cycling through different books, we found that this one (DK) was consistent in accepting daily cycling with minimal playthrough.

The last perk to point out is that cashback is seen as a rebate and not taxable income, so no Uncle Sam stealing your gains.

Check out our guide on how we earn over $2,500 in a month using a simple strategy to maximize cashback.

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