word to the wise re: rollovers and $ management

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This is my opinion.....Never accept an offer where the rollover requirements are more than approx 2x........I have done well at most books..I recently opened an acct at Betwwts...The service was great and the book was as well. Only problem I got sucked in on the 5x rollover..It was my fault ..I did take a 20% bonus and I paid for it ..cost me 3k...I was up $600 at one point but was no where near my rollover....So keep an eye on this. Remember you are betting and laying the book a wager in most cases where they are getting +110 on EVERY WAGER YOU MAKE!!!! You must lay 110 to win 100....they lay 100 to win 110...A tremendous variance which tilts the odds HUGE!!!!...Be careful..and steer clear of ANY BOOK that requests more than a 2x rollover as you are flirting with disaster......The more wagers you make the better the book has a chance of wiping you out....Just my opinion...
 

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Agreed, you should be able to request no bonus however.

I'm working on a 5X rollover right now, not sure if I even have the patience to make it.
 
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Let's be realistic, these are businesses. If you want a good bonus, you're going to get a higher rollover. They want new customers-not bonus whores.

As players, we want the books to give the world away-but we also want them to remain solvent.....those two don't exactly work well together.

If you don't like the rollover, go elsewhere or pass on the bonus. Pretty simple actually.
 

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dickiesmiles said:
This is my opinion.....Never accept an offer where the rollover requirements are more than approx 2x........I have done well at most books..I recently opened an acct at Betwwts...The service was great and the book was as well. Only problem I got sucked in on the 5x rollover..It was my fault ..I did take a 20% bonus and I paid for it ..cost me 3k...I was up $600 at one point but was no where near my rollover....So keep an eye on this. Remember you are betting and laying the book a wager in most cases where they are getting +110 on EVERY WAGER YOU MAKE!!!! You must lay 110 to win 100....they lay 100 to win 110...A tremendous variance which tilts the odds HUGE!!!!...Be careful..and steer clear of ANY BOOK that requests more than a 2x rollover as you are flirting with disaster......The more wagers you make the better the book has a chance of wiping you out....Just my opinion...

dickeysmiles

i cant say i agree with your post. if you are a player in for the long haul, bonus rollover requirements are no problem. the book is giving you extra money in which to maximize your bankroll. bonuses are great, but should never be the top priority when choosing a book. for example, i had finally decided to give bettrojan a try because of all the good press and -05 juice they offer. i deposited money this past saturday, and received the 20% bonus with 12x rollover. i requested the bonus because i am a high volume player with no hurry to cash out. i will meet the rollover requirement by tomorrow and have almost quadrupled my deposit; and theoretically could cash out after 5 days. so the bonus was an added incentive.

i dont understand your post about books getting +110 on your bets and how you lost 3k because of the bonus. books always charge a vig, whether you get a bonus or not. if you feel like you kept making bets and lost because you had to meet the rollover requirement, well i guess i can partially follow your logic. however you used the bonus to help build up your winnings, and you losing bets in the end is not really related to the bonus unless you were chasing or increasing your wagers significantly to meet the rollover requirement. if it is a problem in the future, most books will revoke the bonus and let you withdrawal early if you dont want to meet the requirements. sorry about your bad luck, but bonuses from top books are really an extra incentive. i think it matters more what type of gambler you are and the players that are more patient and in for the long haul, and who employ discipline and money management will do better. good luck to you.
 

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dickiesmiles said:
This is my opinion.....Never accept an offer where the rollover requirements are more than approx 2x........I have done well at most books..I recently opened an acct at Betwwts...The service was great and the book was as well. Only problem I got sucked in on the 5x rollover..It was my fault ..I did take a 20% bonus and I paid for it ..cost me 3k...I was up $600 at one point but was no where near my rollover....So keep an eye on this. Remember you are betting and laying the book a wager in most cases where they are getting +110 on EVERY WAGER YOU MAKE!!!! You must lay 110 to win 100....they lay 100 to win 110...A tremendous variance which tilts the odds HUGE!!!!...Be careful..and steer clear of ANY BOOK that requests more than a 2x rollover as you are flirting with disaster......The more wagers you make the better the book has a chance of wiping you out....Just my opinion...
good luck getting 2x rollover this day and age. most of what i see out there is 4, 5 or more times regardless of bonus.
 

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the most I will usually do is 3x rollover...I'd much rather have -105 than mess with rollover requirements...good thread...
 

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pags - why not scalp out your balance at another book until you meet the rollover requirements.....you may lose a few bucks due to juice but you will end up keeping a large percentage of your winnings
 

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We should be fortunate bonuses are given at all. A 3X or 4X rollover is not all that much to ask for getting free money.
 

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3x rollover is the nuts IMO ....that is awesome 4X and 5X are harder to do but it an be done , but like you said you need patience..if worried about the rollover just abstain from taking the bonus
 

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