Get a load of this!

peteep · Aug 26, 2003

I just received this email from tradewind sports:

GET A SPECTACULAR SIGN UP BONUS TODAY!

With a minimum sign up deposit of $300 or more,
receive a 20% cash bonus plus a 10% free wager!

Even Better!

SIGN UP by noon August 30th
and get an extra 10% Bonus Bet on the
Washington vs. Ohio State
game set to kick off at
5:00pm pacific August 30th

Additional membership benefits:
• 10% BONUS when you refer a friend
• 10% re-up bonuses
• Transaction fees paid in full on deposits of $300 or more
Bonus Agreement:
You agree not to withdraw on the total initial deposit amount (your deposit, the bonus cash, the free wager amount, and the transaction fees) for 60 days with the understanding that you may withdraw any winnings, over that amount, any time you please. Further, that in order to withdraw the bonus money (including any winnings from the free wager amount), you must play through the initial deposit amount at least 3 times. Free wager money is subject to the bonus agreement regardless of win or loss of the free wager.

I can't believe you have to keep the money in the account for 60 days! Great bonus, but 60 days is ridiculous!

TheGeneral+ · Aug 26, 2003

Any winnings can be taken when requested. It's a good example of the loyalty that a book needs from players.

peteep · Aug 26, 2003

Sure, books want some kind of loyalty, but forcing people to keep their money with them is not the way. I already object to the 30 day rule some books have so 60 days seems very unreasonable.

TheGeneral+ · Aug 26, 2003

I am as pro player as anyone, but if you get/want a bonus, then be willing to give the book some action time. Not just to meet rollover. Its fair to both parties.

peteep · Aug 26, 2003

We shall agree to disagree on this one. Potentially I could rollover my deposit 50 times in a week and then not be able to withdraw MY money. I don't find that fair.

Nonetheless, that bonus is VERY hard to pass up!