question about bonus - help requested

burn_in_hell_Atta · Nov 10, 2005

guys - yourhelp would be greatly appreciated here...

I am unsure of how bonus' work in general.

my assumption.... if I bet 10k to 15k in bets per week (regardless of outcome) on average I would recieve ________ in bonus money in my account.

Is this assumption an accurate concept or am I way off here, I would really like to know how these bonus' work by and large.

thanks in advance

Fishhead · Nov 10, 2005

Most are a % of the money you deposit to a sportsbook.

If a book is offering a 20% bonus and you deposit $1,000 to your account..................$200 is instantly added to your account.

To withdraw the money, you will have to rollover the deposit and bonus a certain amount of times.........usually anywhere from 3x-7x.

burn_in_hell_Atta · Nov 10, 2005

thank you sir.

wow , whaat was i thinking, i was way off. no one does it the way that i mentioned?

sherman · Nov 10, 2005

burn_in_hell_Atta said:
thank you sir.

wow , whaat was i thinking, i was way off. no one does it the way that i mentioned?

yes some books will give you a % of any losses back if you sign up for that program (no bonus on the front end of course)

chanman83 · Nov 10, 2005

we can always decline the bonus right?

Fishhead · Nov 10, 2005

chanman83 said:
we can always decline the bonus right?

Absolutely!

6nout · Nov 10, 2005

burn - a lot of poker and casino bonuses work like that but it's not unlimited. You will say deposit $100, play x hands and be eligible for the bonus

BAGIANT · Nov 10, 2005

There are sportsbooks that will give youi back a % of your losses. I believe Hollywood does that.

TowtheLine · Nov 10, 2005

This is on reload bonuses from Hollwood

Bonuses will only be paid on negative balances, a customer whose account is in a winning position overall will not be eligible for re-load bonuses.

So I guess if your a "winner" no reload bonus.

Fishhead · Nov 10, 2005

TowtheLine said:
This is on reload bonuses from Hollwood

Bonuses will only be paid on negative balances, a customer whose account is in a winning position overall will not be eligible for re-load bonuses.

So I guess if your a "winner" no reload bonus.

This is the way with the large majority of sportsbooks..............for obvious reasons.