Misleading promo: sponsor book

[fattymanboobs]

One of the sponsor books has the following promo:

When will my bonus be credited? Top


Our bonus policy is very simple: every Monday, we will credit your account a 10% of your betting action for the previous week, win or lose. We don?t believe in fine print, so here are the restrictions:

Cash back eligibility period runs from Monday at 12:00am ET through Sunday at 11:59 pm ET.

Bonus is credited at 12:00 noon ET every Monday for the previous week's action.

To qualify for 10% cash back, you'll need to make at least 5 bets per week.

Your cash back is credited to your account as a Free-Play with absolutely no rollover requirement.

Any customer found trying to manipulate our bonus system will forfeit any and all bonuses received. Bonuses are credited immediately after you deposit.


If I am reading this wrong, I believe it would mean that it would be 10 percent of all your action bets made that week are credited as a free play?

Apparently not, you only get 10 percent of your net loss or winnings, not the action.

I may need to sharpen my reading comprehension skills but I think this is very misleading.

 

[IE]

will try and contact someone from SBO to get clarification.

thanks for your patience.

 

[fattymanboobs]

Thanks IE. If I am reading this wrong please forgive me!

 

[marine]

One of the sponsor books has the following promo:

When will my bonus be credited? Top


Our bonus policy is very simple: every Monday, we will credit your account a 10% of your betting action for the previous week, win or lose. We don?t believe in fine print, so here are the restrictions:

Cash back eligibility period runs from Monday at 12:00am ET through Sunday at 11:59 pm ET.

Bonus is credited at 12:00 noon ET every Monday for the previous week's action.

To qualify for 10% cash back, you'll need to make at least 5 bets per week.

Your cash back is credited to your account as a Free-Play with absolutely no rollover requirement.

Any customer found trying to manipulate our bonus system will forfeit any and all bonuses received. Bonuses are credited immediately after you deposit.


If I am reading this wrong, I believe it would mean that it would be 10 percent of all your action bets made that week are credited as a free play?

Apparently not, you only get 10 percent of your net loss or winnings, not the action.

I may need to sharpen my reading comprehension skills but I think this is very misleading.

According to how it is written above, without any of that "fine print" they don't like, you should get 10% of every wager made.

E.g, if you made 10 wager of $100 each, you should get a 10% bonus of $100.
Regardless of what the outcome of each wager was.
What happened in your case? Did you go like 6-4 and end up +$200 and they gave you $20 as the bonus?

 

[fattymanboobs]

That is how I interpreted it as well .

I had about 5k of action last week but had a net of about 85 bucks lost. So I ended up with 8 bucks in free play. Kinda a bummer when I saw that. They should definitely re-write their policy to avoid further confusion in my humble opinion.

Semper Fi

 

[Packers4Life]

That is how I interpreted it as well .

I had about 5k of action last week but had a net of about 85 bucks lost. So I ended up with 8 bucks in free play. Kinda a bummer when I saw that. They should definitely re-write their policy to avoid further confusion in my humble opinion.

Semper Fi

Wow think they step up and give u 10% of the all wagered and then clarify. Its only a free play anyway . Step up book!!!

 

[IE]

http://madjacksports.com/forum/showthread.php?t=502443

 

[fattymanboobs]

Thanks IE

Thanks IE

Wish I would have seen that back then. Oh well, live and learn. I've played at much worse places.

 

[IE]

Please read here:

http://www.sportsbettingonline.ag/a...ne-ag-member-parlays-62-into-18856-payday.php

(some of the highlights of the text--Her $18,000 victory also included $1,582 in no-rollover free play this morning. The free bonus is part of SportsBettingOnline.ag?s automatic 10% cash back offer. The online sportsbook pays all of its members 10% cash back on every bet?win or lose. The cash back is paid weekly, directly into the member?s account.)

After reading the complaints and concerns above, they have noted that some customers feel the wording may not be clear and seems to be causing some confusion. So SportsBettingOnline.ag is going to edit it and put up some examples on the website. They want to ensure everyone understands how the bonus works and more importantly that everyone is happy with their services.