Question for those that have deposited at a lot of books

Chadman · Nov 19, 2004

Is it commonplace to require a rollover of your own money deposited with the book prior to withdrawal? Is that usually tied in to receiving whatever bonus you are taking? Or is the bonus money handled separately? Do you have the option of not taking the bonus and not having a rollover requirement if so? Do different books treat this differently?

Thanks for any input on this. I choose to post here in the hopes that you experts will save me about two hours of research on this...

Fishhead · Nov 19, 2004

If you DO NOT get a bonus from a sportsbook, it is common cortesy to give them at least 1x rollover of the amount you deposited...........especially if you are getting free deposits and withdrawls.

Please check with each books particular rules regarding rollover requirements.......with and without a bonus.

Most books that offer free withdrawls, will require you to at least rollover your deposit at least 1x before making a FREE withdrawl................you should expect no less.

Chadman · Nov 19, 2004

I can surely understand, say, a 1X rollover of a deposit - especially a small one - for a free withdrawal option. I guess more specifically I am wondering about more than a 1X rollover on deposit money. This is not a question designed to try to skirt anything or sneak out anything, for the record. Just curious if there is a norm to this with most books. I agree, checking with each book should be a requirement. Was just wondering from the experienced boys and girls here. Thanks, Fish.

Fishhead · Nov 19, 2004

Not sure exactly what your asking here.

If you receive a bonus with say a 3x rollover........all you have to do is meet that requirement.

Not 3x plus the 1x.

Example-- $500 deposit, 20% bonus, 3x rollover.

You would need to give them $1800 in action.

$500+$100(bonus)=$600 x 3x rollover..........$1800.

PS- Remember, many books count the action as amount to be WON.

Example-- Laying 120 to win 100 on a -120 favorite would count as only $100 worth of action. I have long stated this is very fair, as long as the book is upfront with this from the beginning.

Chadman · Nov 19, 2004

You hit it on the head with that one, Fish. What I'm asking is if that is commonplace with most reputable books as you just described:

Example-- $500 deposit, 20% bonus, 3x rollover.
You would need to give them $1800 in action.

If so, is it the bonus money - or picking up the fees to get paid - that gives them the benefit of the doubt in requiring a player to roll over their initial money 3X (or whatever). Meaning, it's worth it to players to take the 20% and have to roll over the whole enchilada 3X? I'm not saying it's wrong, just wondering if that is commonplace with the top books. What about those that give less, like 10%?

That should about do it for the Depositing 101 lesson for today...thanks.