Call me naive, but I haven't used but 3 sportsbook in the last 20 years, so legitimate question here, not trying to ruffle feathers. Is it the "norm" to have to rollover your deposit amount, in addition to bonus money, before allowed a withdrawal? Current scenario is this, $500 deposit, $500 bonus, 10X rollover. So showing that before I can take any withdrawal, must rollover $10,000? My last book, same rollover requirements, but only on bonus, not deposit amount. Is that an exception to the Norm? Also, I am a casino junkie, never have a problem meeting rollover at old book, but this new one, casino play not included in rollover. I am usually just a $25- $50, rarely $100 a game bettor, so under current scenario, I basically kissed my $500 goodbye, correct? And yes, I know I should not have taken bonus then, but was ASSuming rollover only on bonus, and casino in play. Thanks for honest opinions here, and lesson learned if nothing else. I'm not upset, more disappointed in myself, that didn't check out before depositing. Also, my other book shows running tally of bonus amount met, and added to "cash" balance immediately for withdrawal purposes if so desired. This new one, cant touch any funds, until full $10,000 rolled over? Thanks again.
Exception or the Norm concerning Books
- Thread starter LudsBoyz
- Start date
Sadly yes, you basically threw away 500 bucks. You didn't read the rules before you deposited and now you just have to "pay the piper", consider it a lesson learned.
Also some Sportsbooks even mess with you a step more on rollovers, they will say it only applies to certain odds, and some will even say the rollover is sometimes the "risk amount" or the "to win amount" whichever is smaller, which is a total scam.
Bottom line, never take a bonus of 100 percent (max one should take is 15 percent), it is just a way for a Sportsbook to suck you in. On the other hand if you take a bonus and don't know the rules you have nobody to blame but yourself.
The reason online Sportsbooks offer these crazy deposit/reload bonuses is because most customers are idiots.
Hell if I had my own Sportsbook I'd offer 250 percent bonuses and I'd have all these scummy bonus rules as well, I mean if customers are not going to read the rules and have no idea what they are getting into, then hell yeah I'd do the same thing some of these offshore Sportsbooks do. I say again, most customers that take these stupid bonuses have no idea what they are getting into.
Short answer to above.......never take a deposit or reload bonus. Problem solved.
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Thank you Kickserv. Appreciate a non-scathing answer to my question :0074 Guess I will stick with my old "exception " to the rule sportsbook :clap::clap: As you said, shame on me.
Ps.. I was an old SIA (aportsinteraction)customer, when they still allowed US players:0074
Ps.. I was an old SIA (aportsinteraction)customer, when they still allowed US players:0074
No problem at all, glad to help. And hey your not the 1st one to "not read the fine print" and you won't be the last.
And hey still possible you could complete the rollover, yes you pretty much threw away the 500 bucks, but still possible to go on a massive run and complete the rollover, yes odds are about the same as winning the Powerball, but hey it is possible.
#lookonthebrightside
That was the 1st Sportsbook I ever played at (1996 if memory serves me correctly) and I still play there, I just placed a bet with them last week:SIB
:canada1
You have your opinion and I have mine, in this case I think you are way off.
You want to take a 100 percent bonus with a 10x rollover go for it.
"It's NOT throwing money away. Most ridiculous thing I ever heard"
Ask Ludzboyz if he thinks it is ridiculous.
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I do sometimes but I also understand why the books have a rollover. They can't give money away obviously. They do it to cut down on moving money back and forth and they do hope you lose, of course.
I think the fairest deal for the player and the book would be no bonus and one free payout and deposit a month. For many more than one reason the books have to cut down on moving money all around and the payment processor fees are expensive.
I hear people bitching all the time why they have to pay to have their money sent because it's THEIR money. The book pays the fees for you sending but you pay the fees receiving. What's not fair about that?
I'm looking at it from both sides and you're looking at it from the player side and you want everything for free and that's just not how it works.
But telling somebody they threw away $500 for getting a 100% bonus is not mathematically correct because it does give the player the edge.
Didn't mean to stir anything up. Was just a blunder on my part, and I'm not complaining. I own up to my not being aware. Since I am not an experienced book guy, was curious if any other books allow casino play towards completing rollover? I have used Sportsbook.ag for going on 6 or 7 years, and they do, but not sure if worth their other drawbacks i.e takes a 5% cut on withdrawalsome, and have waited several weeks to get. Thanks again for your responses, and I'm still going to give it my best shot at completing my 10K rollover.:0008
This we agree on:0074
Madjack sponsor SIA does this, never pay a cent for a deposit, never pay a cent to get your money out and on top of that you get your money within 48 hours. Actually you can do this twice a month with zero fees.
I really don't think you got a bad deal. Maybe the casino should count towards something but certainly not the same as a straight bet. Hell, you can play off $1000's of dollars in the casino playing low house odds games. Maybe ask the next time if they would consider giving some credit to casino play but the smartest thing is to stay out of the casino.
And the example I gave kick above, certainly a parlay risking $100 to win $10,000 is only rolling over $100 because that is what you risked. Otherwise, you make a $500 deposit and get a 100% bonus, you play that parlay and cash out. How it that fair? The book gets totally screwed.
If people don't want to rollover, they shouldn't take a bonus, it's that plain and simple.
That's very fair and I bet you can get that with any book if you ask. But there are people that deposit $100 and run it to $500 by Wednesday and want a payout on Thursday, lose the rest of their money on Friday and want to deposit again for Saturday and take another payout on Monday. It doesn't work like that.
Yes, books may count casino play, just ask. But it doesn't count as much as a straight sports bet.
Good luck.
I'm learning guys, very educational information, thank you very much. And update, only 7800 and change to go:Yep:
Whatever you bet (risk) counts towards your rollover (sports bets), it should be as simple as that. But some offshore Sportsbooks will say if you risked 100 dollars and won 80, they count the 80 and not the 100 towards the rollover. And yes I think that is scummy even if it is in their rollover rules.
Even legal Sportsbooks in UK/Aussy won't let you do that kind of depositing/wding without fees.
But another exaggerated example would be risking $1000 to win $5. That bet wins so many times, ALL THE TIME, and it's not fair to the book to use it that way.
I'm just playing devils advocate, not arguing with you kick. You know I love you. :kiss:
We could go all day long on this. Ask the professional bonus whores. They make out on bonuses. So, for some it's good and for some it's not. To each his own. :0008
i use SIA,
lets take instadebit as an example since its quick and easy.
you are charged $1.95 for deposits and $2.00 for withdrawals.
