Yazing portal offering $75 for creating new TVG account and depositing $50

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I just received a deceptively titled email from the Yazing cash back portal:

You earned $75 on Yazing!

Ok, you didn’t really just make $75, but you can and it is easy!

Today is the start of the Triple Crown racing season and TVG is offering $75 cash back for each new account that deposits $50 or more!

That’s right, log into your Yazing account, click on one of the deals on the TVG deal page, create a new TVG account with a $50 deposit, and your $75 cash back just made $25 in free money!

Don’t stop there.  Post the following message on twitter, facebook, social bookmarking sites, and anywhere else people are discussing today’s Kentucky Derby and make an easy $75 each time someone signs up for TVG and deposits $50 or more!

TVG.com is a website for online horse race betting.

On the surface, this appears to be a great one-time deal with two components:

  1. To get $75 from Yazing, click through Yazing to TVG, create an account, and deposit $50 or more.
  2. Yazing shows two coupons to use with TVG.  The first one offers up to a $150 bonus when you bet your first deposit.  What really happens is that they promise to match your first deposit when you bet it, up to a maximum of $150. 

Yazing TVG coupons

If you stick to the minimum $50 deposit (to get $75 from Yazing) and then bet that $50, you should get $50 additional dollars in your TVG account.  So, for a total of $50 out of pocket, you should get $75 cash back plus $100 worth of funds to gamble with.

Risks and warnings

  • Gambling is well known to be addictive.  This deal is designed to get you hooked.  They wouldn’t offer this unless they were sure that, on average and in the long run, they’ll make back more money then they’re doling out.
  • The signup form asks for your social security number. It’s possible that there’s a hard credit inquiry involved (I didn’t sign up to test this).  If so, most people would be better off with a big credit card signup bonus.
  • Yazing suggests sharing your link with friends. If you do, you will earn $75 if they sign up.  They will not.  I’d suggest sharing it with your enemies, not your friends.

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