If you cash out early you lose bonus and any winnings....WTF

Search

New member
Joined
Sep 21, 2004
Messages
2,503
Tokens
I book told me this today. Posted up a dime for a 25% cash bonus, 5x +30 days I beleive. It has been a couple months and I never use them. Won about $500 bucks on a 4 or 5 bets. Decided to give back the bonus and cash out but told I would lose winnings also. It is in the fine print but I didn't know it. On a crusade now to make them pay for 4K more in rollover. Sorry I don't need any more shit about my money so I will tell who they are when all is done.
 

Banned
Joined
Jun 25, 2002
Messages
4,684
Tokens
randyrohm said:
I book told me this today. Posted up a dime for a 25% cash bonus, 5x +30 days I beleive. It has been a couple months and I never use them. Won about $500 bucks on a 4 or 5 bets. Decided to give back the bonus and cash out but told I would lose winnings also. It is in the fine print but I didn't know it. On a crusade now to make them pay for 4K more in rollover. Sorry I don't need any more shit about my money so I will tell who they are when all is done.

I love when books institute this policy on me. I also love when they hold my money for a week because I funded with firepay.. Both times I ended up making money from the deal.

On the bonus hold I made about 500.00. On the firepay hold I made 600.00

Had the morons let me cashout when I wanted to they would have been better off.
 

New member
Joined
Mar 28, 2005
Messages
569
Tokens
randyrohm said:
I book told me this today. Posted up a dime for a 25% cash bonus, 5x +30 days I beleive. It has been a couple months and I never use them. Won about $500 bucks on a 4 or 5 bets. Decided to give back the bonus and cash out but told I would lose winnings also. It is in the fine print but I didn't know it. On a crusade now to make them pay for 4K more in rollover. Sorry I don't need any more shit about my money so I will tell who they are when all is done.

who is the book?

We need to avoid and boycott this kind of crap!:suomi:
 

New member
Joined
Sep 21, 2004
Messages
1,071
Tokens
Probably was Mvp/V-wager.....I'm not a big fan of this rule either but I can certainly understand why the book has such a rule in place....

Without the rule, one could easily deposit $1000 and throw the whole $1250 ( deposit + bonus) on say a +100 wager. If the bet wins, he would then have $2500 and be able to cash out at $2250. So in effect, he would be receiving +125 on his bet instead of +100. In other words, without the rule, one could receive a 25% "sticky" bonus with no restrictions.

I know this isn't your exact scenerio, I was just pointing out an extreme example of bonus "whoring" that can and does take place without some of these rules in place.

Actually, I never have a problem with any amount rollover. It's the 30 day/no withdrawal rule that would keep me from accepting such a bonus.
 

CURATOR / MEMBER EMERITUS
Joined
Dec 21, 1999
Messages
3,061
Tokens
I disagree...

let the book keep the bonus & its winnings if need be-- let it charge for the deposit fee it ate too...in exchange for withdrawing early / not doing the rollover. In other words, don't take all the winnings: bonus, winnings, ALL extra deposit/withdrawal/ costs incurred(even ones discounted or not usually passed on to the player)/even cc merchant fees/even phone fees if any--
but more than that is outright stealing, not to mention bad marketing.

AND let it state this prominently where it can easily be seen before signup...
As you can see, i'm trying to take the books' side as much as possible-- but there is a limit.
 

New member
Joined
Dec 13, 2004
Messages
661
Tokens
If a book tells you what the roll over is and you take a bonus then you should have to meet those requirements before withdrawing. They pay all the fees on getting your cash and giving it back to you of course they would expect you to play at their book a bit. Can't beleive the stuff people complain about. Make some wagers and quit whining.
 

New member
Joined
Dec 13, 2004
Messages
661
Tokens
Just wanted to add that everytime a book has given me a hard time about a bonus or roll requirement that I did not notice upon first depositing money I have always continued to wager with out complaint and pounded the crap out of them. Karma has a way of making those type of things work out.
 

New member
Joined
Nov 21, 2000
Messages
8,834
Tokens
Stickie said:
If a book tells you what the roll over is and you take a bonus then you should have to meet those requirements before withdrawing. They pay all the fees on getting your cash and giving it back to you of course they would expect you to play at their book a bit. Can't beleive the stuff people complain about. Make some wagers and quit whining.

Agree.

If that is the rule, and you agreed to it, you need to live with it. I know its not fair, and I know its petty, but an agreement is an agreement.

That being said, I NEVER play at a book if they tell me there is a 30 day rule. Make it a 4x rollover instead of 3x or make an 8x instead of a 5x if you need to , but there is no reason for you to keep my money for a month.
 

New member
Joined
Sep 21, 2004
Messages
1,902
Tokens
Cincy nailed it!

Its ridiculous to be forced to keep your money in a book for that long.

There is no reason for that. A 10x rollover is better for most than a 30 day bs hold.

There are plenty of really good books that don't have that hold. Don't like the bonus? don't play there or don't take it
 

New member
Joined
Dec 13, 2004
Messages
661
Tokens
I hate the 30 day thing too Cincy. Just a pain in the butt. I'll wager as much as I need to but a month is too long to keep cash static.
 

New member
Joined
Sep 21, 2004
Messages
154
Tokens
The books should be more transparent for bonus conditions most complaints about books come from well hidden fine print. Bad C/S for mine Just make the rollover simple to understand and you'll look better in the players eyes!

You need to be a genius to understand them half the time
 

New member
Joined
Dec 13, 2004
Messages
661
Tokens
Not really,

Step 1 Deposit.

Step 2 Wager the required roll and wait the number of days required.

Step 3 Withdraw winnings.

Not too tough.
 

New member
Joined
Sep 21, 2004
Messages
154
Tokens
Them ones are fine its when they twist in free cash rollovers + rollovers on winnings + this + that
 

New member
Joined
Sep 21, 2004
Messages
7,282
Tokens
yeah, books that won't let you withdraw anything until meeting rollover requirements are a scam...
 

New member
Joined
Dec 13, 2004
Messages
661
Tokens
pags11 said:
yeah, books that won't let you withdraw anything until meeting rollover requirements are a scam...

What? Dumbest post this week bar none.
 

CURATOR / MEMBER EMERITUS
Joined
Dec 21, 1999
Messages
3,061
Tokens
You should always have the option to:

Change your mind about fulfilling the TOS & be able to immediately withdraw initial deposit & at least some part of your winnings, minus whatever fees the book feels it incurred...

This is standard procedure in the investment world-- why should investing in sports be any different? It's just good business sense.
 

New member
Joined
Nov 21, 2000
Messages
8,834
Tokens
Stickie said:
What? Dumbest post this week bar none.

Heritage has a rule where you don't need to meet the requirements, but have to have the money there to cover it.

Say you have a 5x rollover on $1,000.

You hit a a three team parlay and now have $7,200 in your account and have only $1,000 in action.

You owe them $4,000 more in action, but have $7,200 in the account.

You're allowed to withdraw up to $3,200 and leave $4,000 there.
 

New member
Joined
Dec 13, 2004
Messages
661
Tokens
cincy_ said:
Heritage has a rule where you don't need to meet the requirements, but have to have the money there to cover it.

Say you have a 5x rollover on $1,000.

You hit a a three team parlay and now have $7,200 in your account and have only $1,000 in action.

You owe them $4,000 more in action, but have $7,200 in the account.

You're allowed to withdraw up to $3,200 and leave $4,000 there.

Heritage is an exceptional book. Love those guys.

Most books do not alow you to withdraw anything until rolls are met.
 

New member
Joined
Dec 13, 2004
Messages
661
Tokens
I just have a problem with people complaining about something they knew up front and now want it to be different. You enter an agreement you fullfil that agreement. Call it the Terell Owens lesson. Just because a few (very few) books allow you to withdraw some funds does not mean all have to do it. If you agree to the roll and hold times upfront you should follow through and shut up about it
 

New member
Joined
Sep 21, 2004
Messages
7,282
Tokens
stickie, possibly you are mis-interpreting my post (thanks for the kind words by the way, appreciate it-I've got a long memory)...what I am saying is that you deposit $1000 with a book and get a $100 bonus...so you've got a rollover of say 3 times...before you make $3300 of bets, you need the money...most of the good books will let you withdraw the money minus the $100 bonus (because you haven't met the rollover)...I've seen many books out there that won't let you withdraw ANY cash whatsoever from your account until you have met the rollover requirements...that is a scam...
 

Forum statistics

Threads
1,106,899
Messages
13,439,373
Members
99,340
Latest member
fulfillworks
The RX is the sports betting industry's leading information portal for bonuses, picks, and sportsbook reviews. Find the best deals offered by a sportsbook in your state and browse our free picks section.FacebookTwitterInstagramContact Usforum@therx.com