THE BONUS (my advice to the newbie gambler)

MadCapper · Jul 28, 2003

Okay let me get something straight. These books offer a 20% first time load up bonus and 10% or 15% reload bonus. Therefore if someone deposits a dime they get another 200 of bonus money in their account. But this 200 dollar bonus money has a 4 or 5 time roll-over requirement, which by most books means that you can not even withdraw the bonus money unless you RISK 4 or 5 times (depending on the roll-over rquirement) the amount the bonus was.

How often does one really ever get a chance to withdraw their bonus money? Yes, I understand the extra cash looks good in your opening account and you have a little bit more money to play with but in most cases you will NEVER see that bonus money anyway. Why make such a fuss about bonuses? Why does one make it a priority to look for the sportsbook that offers the best bonus? There is a reason why these sportsbooks offer these "great" bonuses to attract potential clients. It is because the books are shrewd and know that when they offer a bonus they are really offering you nothing. In essence a bonus is merely fools gold. That's why they have these 4 time roll-over requirements to pretty much ensure themselves of keeping their money. It's a great ploy to attract customers to their books. I also feel that Bonuses can even hurt the player because sometimes the player can have a nice win but he will keep his money in the book to try to reach the roll-over requirement and lose his money trying.

I will admit that, originally, I was a sucker and tried to load up on the books that offered the biggest bonuses. 99% of the time I never even got to see that money. Now I look for the books with the best lines, the least vig, the best CS and the most quick and reliable payouts. I'll take a book that covers my deposit fee pays quick and has a good and easy to understand customer service department and NO bonus over another book with a 20% bonus, bad CS and slower payouts anyday.

Bonus = Fools Gold.

-MC

[This message was edited by MadCapper on July 29, 2003 at 12:20 AM.]

ericdixon · Jul 28, 2003

Bonuses are great but the book better be offering decent lines or your chances for winning or even getting a decent line to bet is minimized. Thats why I have stuck with Blue Marlin they gave me the 20% bonus and offer 15% reload and they have good lines in all sports!

RPM · Jul 28, 2003

mc,

once you meet the rollover requirement the bonus is yours. i dont understand why you would never see it, unless you lose.

stickn8ball444 · Jul 28, 2003

Too be honest, even playing at books that don't offer bonuses, and probably when we all look at our own statistics, I always go way over anybody's rollover requirement anyway.

I place my money their that I can afford, not to just win and withdrawl the next day. If I get lucky enough I'll ask for a payout and keep at least twice my deposit in the book to continue to play.

The books just don't want a "hit and run" customer, taking advantage of the bonuses, thats why they have the rollover requirement.

Example, you deposit 1000, 20% bonus = 1200, say theres a 5 time rollover req. so you must play $6000.

Day1, you make 12 $100 even money wagers and split for 5 days, there's the $6000 action. If you win more than lose great, if you lose, there's nothing to discuss. I guess I'm just trying to point out that you would eventually get to the rollover requirement anyway by winning, or splitting (on even money).
I like it!!

Joe Pool

MadCapper · Jul 28, 2003

RPM,

Obviously if you win you'll make the requirement, but I am talking about the avergae joe square...shopping for a book. It would be smarter for him not to fall in love with a book for its bonus because the odds are he won't reach that requirement anyway.

The pros here would have no problem reaching the requirement. Heck, they'd reach a 10 time roll-over if they had too.

-MC

DonMarco · Jul 28, 2003

Personnaly, I couldn't care less about bonuses.

There are many more important things about gambling abd sportsbooks.

peteep · Jul 28, 2003

I don't see a problem with having a rollover requirement. It's incredibly easy to rollover your deposit five times and as long as you manage your bankroll appropriately you shouldn't be broke before you do it. If you wager on sports, chances are you do it daily. You're gonna hit the rollover requirement eventually.

stickn8ball444 · Jul 28, 2003

I believe if a person doesn't meet a 5 or even 10 requirement over time, he isn't actually gambling, he's using it as a savings account. Of course in baseball the requirement is faster to hit because of games at least 6 or 7 days a week. I'm actually over the 27x requirement in my record 7 days, no BS. And good books like Gamblers Avenue or Grande with or without the bonus you will play and hit the requirement anyway, and not have to worry about getting paid.

Joe Pool

MadCapper · Jul 28, 2003

MY point is that you should not make the bonus your priority when you choose your sportsbooks.

-MC

Dante · Jul 28, 2003

Madcapper....your post is being nominated for post of the week

peteep · Jul 28, 2003

<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by MadCapper:
MY point is that you should not make the bonus your priority when you choose your sportsbooks.

-MC<HR></BLOCKQUOTE>

Perhaps, however it is still something to be considered. If you win a large sum before you meet the rollover you can always forfeit the bonus money and keep your winnings. However, most of the time you will continue to play and wager enough in due time. Obviously your #1 priority is making sure your money is safe and that you are dealing with a legit shop, however the bonus being offered does and should play a role when making a decision.

RPM · Jul 28, 2003

mc,

if you are assuming that the average joe will lose, then the bonus money is VERY important.AT LEAST IT WILL KEEP HIM IN THE GAME A LITTLE LONGER.

slvrgbln · Jul 28, 2003

dam we aint inticing gambling are we. lol.

silver goblin

i need a job

Igetp2s · Jul 28, 2003

No offense, but Madcapper's post is ridiculous.

"How often does one really ever get a chance to withdraw their bonus money?"

All the time.

"Yes, I understand the extra cash looks good in your opening account and you have a little bit more money to play with but in most cases you will NEVER see that bonus money anyway."

If you have any clue what your doing, you will see it.

"It is because the books are shrewd and know that when they offer a bonus they are really offering you nothing."

You can be just as shrewd as they are.

"I'll take a book that covers my deposit fee pays quick and has a good and easy to understand customer service department and NO bonus over another book with a 20% bonus, bad CS and slower payouts anyday."

Not exactly sure why there has to be a tradeoff. There are plenty of books that offer both.

If you end up losing your bonus and more after rolling over 4 or 5 times, then how the hell do you expect to make money betting? All the low juice and customer service in the world isnt going to help you.

MadCapper · Jul 28, 2003

RPM,

No. I am assuming that the average joe will lose in the long run. But if hes in a book that doesn't offer a bonus he may take his quick win out, whereas if he has a bonus roll-over to strive for, odds are he will eventually lose it.

-MC

slvrgbln · Jul 28, 2003

lol shrink. i can make you some money bro. old school here. cheap too. love to capp. hate all this other bull shit.

silver goblin

ps: how is brette farve doing ( that f-ing hick ain't shit)

MadCapper · Jul 28, 2003

IgetP2S,

My point is not to make the Bonus your priority. I am not telling everyone to not look for a good bonus. All I am offering is some advice not to be suckered in by books that offer great bonuses just because of their bonus.

-MC

slvrgbln · Jul 28, 2003

all positive here. just stating my opinion. the more the info the better. just dont get drunk or stupid.

silver goblin

Halifax · Jul 28, 2003

<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by Igetp2s:
No offense, but Madcapper's post is ridiculous.

"How often does one really ever get a chance to withdraw their bonus money?"

All the time.

"Yes, I understand the extra cash looks good in your opening account and you have a little bit more money to play with but in most cases you will NEVER see that bonus money anyway."

If you have any clue what your doing, you will see it.

"It is because the books are shrewd and know that when they offer a bonus they are really offering you nothing."

You can be just as shrewd as they are.

"I'll take a book that covers my deposit fee pays quick and has a good and easy to understand customer service department and NO bonus over another book with a 20% bonus, bad CS and slower payouts anyday."

Not exactly sure why there has to be a tradeoff. There are plenty of books that offer both.

If you end up losing your bonus and more after rolling over 4 or 5 times, then how the hell do you expect to make money betting? All the low juice and customer service in the world isnt going to help you.<HR></BLOCKQUOTE>

What Igetp2s said ... (thanks, you saved me some typing).

-----------------------------------------

edited - given the Title change

[This message was edited by Halifax on July 29, 2003 at 12:22 AM.]

Halifax · Jul 28, 2003

If you are truly trying to help the new/novice players, you need to step it up a notch, not give them a "loser" mentality.

Bonuses might not be the primary concern when deciding on a new book, but to say a bonus is essentially worthless borders on the idiotic.

[This message was edited by Halifax on July 29, 2003 at 12:21 AM.]