Do the books have a rule on this?

BooksWorstEnemy · Apr 12, 2005

You post up $1,000 at a sportsbook. They give you a $100 sign up bonues with a 3X roll over requirement.

You risk $1,100 to win $1,000 on a single game and lose.

You re-up with another $1,000. The book gives you another $100 as a re-up bonus with a 3X roll over requirement.

You once again risk $1,100 to win $1,000 on a single game and lose.

You re-up with another $1,000. The book gives you another $100 re-up bonus.

You bet $1,100 to win $1,000 and win. So you bet another $1,100 to win $1,000 and win again. So you bet another $1,100 to win $1,000 and win again. The account stands at $4,100.00.

Have you earned the sign up bonus? Are you able to withdraw $4,100 at this point, or do you have to roll through the money six more times to earn the first two $100 bonuses you've already collected? Even though you lost the first two roll over bonuses, they were paid by the sportsbook and they haven't been earned.

What is the rule?

Is there an industry standard on this? Or does it vary from book to book?

Thanks,
Books Worst Enemy

Kornholio · Apr 12, 2005

Most books policy is that once the money is lost, rollover is met...so any new money deposited would not have leftover rollover req.

However I did have several CS reps at WWTS tell me that I still had to rollover money I had lost if I redeposit....until I brought it up here and turned out that the CS reps were uninformed (and probably still are)

JayC · Apr 12, 2005

Sounds like you would have then met the rollover.

If you lose your entire deposit earlier and are given a new bonus, the earlier bonuses are in the past.

assassin · Apr 12, 2005

ABCused to have that rollover, but I'm not sure if they still do.
I know it was clearly stated in their rules.

If it not explicitly stated then I believe you have cuase to be upset. However, they may have felt you were a "bonus whore" and applied some rndom vague rule against you.

best of luck

what book???

SportSavant · Apr 12, 2005

rule is different at every book.... some books will set the rollover to ZERO after 'X' number of days....

Others (like 5dimes) will make you complete the old rollover before being BONUSED again.....

you must clarify the rule with each book individually.

BooksWorstEnemy · Apr 13, 2005

Never had a problem with this issue. Was just wondering if there was an industry standard on it. Looks like there is not.

Betcris.com has a new system of 'frequent player points'. Basically, the more you play, the more comps you earn. Just like a regular casino. As far as I'm concerned, this is by far the most intelligent way to approach it. It's fair to the book and it's fair to the player.

It always seems that I post up funds, make the rollover requirements and then I leave the money with that book for sometimes years. No more bonuses that way. There is incentive to move the money to another book and get another sign up bonus.

I will be posting up with Cris for baseball this week. Wagermall and BoDog too. I don't really like Wagermall that much, but they do have a lot of lines to choose to from.

Later,
Books Worst Enemy

charliepeete · Apr 13, 2005

i wondered the same thing too.... i was down to 99 and reup. did i lose all the prior or not ???? therefore did i have to meet all the old reup requirements??

billpapa · Apr 14, 2005

My experience with Cascade is that once your balance is zero (with no outstanding bets) the rollover has been met. Should you deposit again and receive a bonus it is a brand new game.