Sportsbook Bonus rules, and its fairness

[Aladdin1001]

This is my new post here and I really appreciate that many forumers and books are here for the sake of promoting 'fairness' in on-line betting. However, I'm perturbed about the bonus policies that some bookmakers have set, and have used them to lure people to their books but to have the bonus waived after initial deposit has been made, or wagers been placed(Bonus abuse, professional players, bonus hunters, Asia or European players etc)without defining and explaining the reasons.

From my understandings, any sportsbook will have an advantage over the players because of the juice/commission. Bonus are subjected to rollover requirements, so the books have done their calculations before offering the bonus and the books will not make a loss from that. I have been rejected by one books when I inquire about their bonus as advertised. With another one, the customer service rep told me that I'll get the bonus but after I made a deposit, they told me that they will not credit my bonus because I'm from Asia/Europe region, and I'll have to pay for withdrawal fees of $25 (1 free withdrawal per month as written on their site) if I want to withdraw. So I'll like to seek opinion of whether is it reasonable for a book to:
1.) Reject/confiscate a bonus and winnings from if a player has won after placing the first bet with the bonus money and deposit?
2.) Discriminating or stereotyping new players by withdrawing/rejecting bonus for whatever reasons?

Can anyone properly define professional players or bonus hunters or the special bonus clause will be a license to exploit honus players who follow sportsbook rules?

 

[Dante]

welcome to the RX aladdin...nice to have you here im sure we can get some to give you opinions on your questions

 

[Chadster]

I never knew many rules to be fair, do they have to now? Should we start a coalition?

 

[TheGeneral+]

Welcome to The Rx Aladdin1001.

More and more people are learning tricks to get their free money by obtaining bonuses. Books know it and continue to take chances and then some books sieze the bonus money if they get beat. If the book takes the action then they should pay off. The whole idea of one being a professional is poppycock. Any half wit can scalp the money to meet rollover or just move the money.

I do not agree with the book at all. The book should be prepared to pay. It is not clear cut that the player is a pro. It is assumed he is because he wins.

 

[Aladdin1001]

Thanks for the reply so far. I truly agree with The General and Jay. Books set the rules and we follow them (clear rules like rollover requirements, bonus and deposit remaining in the account for no of days etc). Unclear rules can only be followed if it is set in a clear manner. Beating the sportsbook is every players objective. In return, we as players contribute to the juices that they make, and make a committment to follow the rules like risking our deposit to make rollover requirements. If they have done their calculations, I presume that they wouldn't be giving away the bonuses for nothing, and its their job to 'balance' the lines to have appropriate action on different side. Players have to wager and in many times contribute to the extra juice for the sportsbook that issued the bonus(as compared to other sportsbook) in exchange for the bonus money. Whether 'Professional' or recreational players, we are have the same clear objectives-trying to beat the house. Only the house is a true professional.

Books seizing bonus money when beaten are truly unethical, and I felt that once bonus has been issued, it cannot be seized unless players broke the obvious rules(withdrawing before meeting rollover etc) or the sportsbook must PROVED that there is fraud in that particular player (using false identity etc).

If nothing is being done, I'm sure many books will continue to seize the money when beaten.

 

[TheGeneral+]

Aladdin1001,

As more and more people get into bonus whoring, it will continue to be a problem for many books & players. But, some books are happy to sieze (steal) the money and not pay, therefore no need to change the rules.

 

[Aladdin1001]

<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by The General:

As more and more people get into bonus whoring, it will continue to be a problem for many books & players. But, some books are happy to sieze (steal) the money and not pay, therefore no need to change the rules.<HR></BLOCKQUOTE>

Yes..but if a book set a 20% bonus and let's say 5X rollover, can they expect the customers to rollover 6 or more times. Can the book accuse them to be bonus whoring once rollover has been met and they asked for a withdrawal. The book set the rules, and if the rules give them problem, it is entirely up to them to modify or its the book problem. Why can't books disclose their guidelines in classifying bonus whore in a clear manner to prevent future problems or arguments that are wasting both the players and their time. It is sad that innocent players have to bear the problem as well. Its like giving you some 20% discount vouchers and when you go to buy some stuffs from that shop, they include the extra hidden charges and stupid terms that adds up to more than the 20%! Advertised bonus should not be gimmicks but rather incentives to players encouraging play. Players have to meet requirements/losing on the juice before they can claim the bonus. Isn't seizing on bonus similar to odds rigging?

 

[Aladdin1001]

<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by The General:

As more and more people get into bonus whoring, it will continue to be a problem for many books & players. But, some books are happy to sieze (steal) the money and not pay, therefore no need to change the rules.<HR></BLOCKQUOTE>

Yes..but if a book set a 20% bonus and let's say 5X rollover, can they expect the customers to rollover 6 or more times. Can the book accuse them to be bonus whoring once rollover has been met and they asked for a withdrawal. The book set the rules, and if the rules give them problem, it is entirely up to them to modify or its the book problem. Why can't books disclose their guidelines in classifying bonus whore in a clear manner to prevent future problems or arguments that are wasting both the players and their time. It is sad that innocent players have to bear the problem as well. Its like giving you some 20% discount vouchers and when you go to buy some stuffs from that shop, they include the extra hidden charges and stupid terms that adds up to more than the 20%! Advertised bonus should not be gimmicks but rather incentives to players encouraging play. Players have to meet requirements/losing on the juice before they can claim the bonus. Isn't seizing on bonus similar to odds rigging?

 

[TheGeneral+]

<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Can the book accuse them to be bonus whoring once rollover has been met and they asked for a withdrawal. <HR></BLOCKQUOTE>

They will call you a professional and keep your money based on that if they like. Dealing with that right now in a case where the player met every requirement but the book siezed the bonus cause he bet steam.