Mansion unveils new exchange - introduces fees

[harrington]

Like I said before I never post up with a new book. This is crazy.

 

[ClipJoint]

What the hell!!!!!!!!!!!!!!!!!!!:finger: :finger: :finger:


Mansion was just about to make my top 3. I hope this is not true, but I think it is. I bet they went -110 on foots too. It seems like they are getting there ass kicked in by the sharps and are making some changes.

There is no doubt they were getting their asses handed to them...but that was the price to pay to build critical mass and compete with reduced juice. Bailing on that business model at this stage would make very little sense.

The only reasoning I can imagine is they are hoping the players will start using the exchange more.

 

[ClipJoint]

Like I said before I never post up with a new book. This is crazy.

I normally agree...but this book has taken a beating and paid everyone. I have made A LOT of money with these guys and never had anything but quick payouts.

If these changes are in place for good, they will lose a lot of business. But MAN WAS IT FUN UP TO THIS POINT!

:lolBIG:

 

[nimue77]

They better at least keep -105's on football and basketball and free neteller withdrawls!

 

[PanchoSanza]

The change is permanent, they just confirmed to me.

Bye Bye mansion.:howdy:

 

[nimue77]

This from mansions' customer service on the phone:

- they have not decided on a sportsbook juice for baseball, but the best offers will be on the exchange

- NFL will be -105 in the sportsbook, basketball not known

- I shouldve asked about ncaa but i'm hoping ncaa football is also -105...if anyone else can found out that would be great!

 

[jwblue]

No shock or disappointment here. It was too good to be true.

IS

 

[ClipJoint]

This from mansions' customer service on the phone:

- they have not decided on a sportsbook juice for baseball, but the best offers will be on the exchange

Maybe they will have figured out their business model for baseball by the playoffs? Nothing like changing their entire model after the All Star Break and then telling you they still have not decided what they are going to do.

:lolBIG:

Thanks for the update.

 

[AK]

20+ cent vig. :finger:

I will not play there again

 

[ClipJoint]

No shock or disappointment here. It was too good to be true.

IS

I agree "no shock"...but HUGE disappointment here for me.

 

[SportSavant]

Like I said before I never post up with a new book. This is crazy.

well, you sure missed out over the last year, even if the RIDE is over, boy was it ever fun.

 

[nimue77]

i'm guessing you can say goodbye to those sweet scalps.

 

[nimue77]

Exactly.

I agree "no shock"...but HUGE disappointment here for me.

 

[PokerKingJim]

What is that sound I hear? The sound of Mansion's "withdrawal" department working overtime.

Not much of a difference to me as I don't play bases. As long as they have -105 for football I'll still be there. Pretty shitty to change their vig mid season without notice though.

 

[D2bets]

Could you imagine if one day you open Pinnacle to find that they've completely changed their model from a low juice to a high juice shop. Makes no sense. Like I said, it's like Wal-Mart tomorrow doubling their prices. And then saying they're not exactly sure what they'll be charging in the future. Stay tuned. :lolBIG:

 

[drunk]

Better start w/d before they initiate huge charges for NT w/d. IF they use -05 for foots i will use them. But the sudden change realy sucks. But the last year was well worth it. arty:

 

[zee]

Permanent change = bakruptcy any day now. Noone would play there anymore, also, does everyone remember t hat thread from a couple of days ago with the new book getting to a powerhouse in a couple of years? All the Mansion posts(mine included)..mmm.....kinda look bad now;o)

 

[drunk]

Hello,

Thank you for your recent email.

There has been a change in pricing offered on our Sportsbook and you may be wondering how to find the same value you have come to expect from MANSION. The good news is, MANSION is still offering the same value by posting these prices through our Sports Exchange.

We have made modifications to our Sports Exchange interface to make it more user friendly for customers who are comfortable buying from a Sportsbook. MANSION Sportsbook, like many other MANSION Sports Exchange members, will offer our low margin / high limit odds through the new Sports Exchange interface. If you are interested only in “buying” a position on an event, the Sports Exchange is simply a new Sportsbook interface with a small fee of only 1% of the win amount per bet. If you would like to have a position on an event at odds that you do not see offered on the Sports Exchange then you may want to join the many MANSION Members who have discovered the benefits of acting as a “seller”.

Try our Sports Exchange – you’ll be glad you did. If you require any assistance we are here to help 24/7.

Thank you for betting with MANSION.

Kindest regards,

Jamie


Looks like they want too be BETFAIR and not PINNACLE.

 

[CHOPTALK]

Permanent change = bakruptcy any day now. Noone would play there anymore, also, does everyone remember t hat thread from a couple of days ago with the new book getting to a powerhouse in a couple of years? All the Mansion posts(mine included)..mmm.....kinda look bad now;o)

This has nothing to do with bankruptcy. The owner of Mansion is one of the 20 richest people in the world. This is a business model change only. No one needs to worry about there funds.

 

[D2bets]

Mansion's "new exchange" sucks azz now too. Take a look, it shows the same odds offered on both sides (i.e. +138 and -138). Explain to me how those don't match. I just put in a test for a line that says is offered, but it doesn't match, even though it's still there. Mansion is quickly going down the shitter. I guess it's just a glitch in their new software, but come on.