anyone use rebatewager? how does the rebate work?

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  • Vince Carter
    SBR Sharp
    • 02-15-09
    • 498

    #1
    anyone use rebatewager? how does the rebate work?
    i know jj does but i haven't read much about it on sbr and I have a few questions:

    1.) does the direct deposit into my bank account cost money?
    2.) can i request the credit back to go back into my account frequently? (once a week or so)
    3.) in one of my books that I kept track of at 5dimes, i started off with $2000, wagered $35,000 and am at $2900. I can't possibly get back 25% of 15k or so i lost, right? So I was wondering how it worked.

    thanks
  • Vince Carter
    SBR Sharp
    • 02-15-09
    • 498

    #2
    So I read more into it and it seems like it's NET losses, meaning that if i'm always up, then i don't get any credit backs?
    Comment
    • jjgold
      SBR Aristocracy
      • 07-20-05
      • 388179

      #3
      Vinnie your not always going to be up, I hope you win but you know we all get buried


      Okay. Here's our rebate chart. As you can see, the more you lose, the more you get back. It's that simple.
      Remember we don't pay agents. We pay you. So when you win, you win. And if you lose, you lose less.

      • 1.00 - 5,000 - 25% REBATE *
      • 5,001 - 7,500 - 35% REBATE *
      • 7,501 - 10,000 - 45% REBATE *
      • 10,001 ABOVE - 50 % REBATE *


      Here's an example of how it works.

      1. Say Bill Deposits and loses $1000. Bill gets an instant rebate of $250.
      2. Bill then wins $1000. He now starts with a red-figure of $1000.
      3. Bill then loses $1250. He'll get an additional $62.50 back. That's 25% of his annual net losses not already rebated.

      * Rebates are not retroactive, and are based on net losses for one calendar year. Our calendar year starts on the first week of the NFL regular season, and ends on the last week of the following NFL pre season. After 25% rebates are paid on deposited funds only.

      * Rebates will be deposited to player accounts upon request.
      Comment
      • jjgold
        SBR Aristocracy
        • 07-20-05
        • 388179

        #4
        Vinnie I use rebatewager and has benefited me because of my massive losing streak. I have cleaned up with rebates.

        I use them and then flip with 2-3 SBR advertised books
        Comment
        • Bread
          SBR Posting Legend
          • 03-16-08
          • 23726

          #5
          Originally posted by jjgold
          Vinnie your not always going to be up, I hope you win but you know we all get buried


          Okay. Here's our rebate chart. As you can see, the more you lose, the more you get back. It's that simple.
          Remember we don't pay agents. We pay you. So when you win, you win. And if you lose, you lose less.

          • 1.00 - 5,000 - 25% REBATE *
          • 5,001 - 7,500 - 35% REBATE *
          • 7,501 - 10,000 - 45% REBATE *
          • 10,001 ABOVE - 50 % REBATE *


          Here's an example of how it works.

          1. Say Bill Deposits and loses $1000. Bill gets an instant rebate of $250.
          2. Bill then wins $1000. He now starts with a red-figure of $1000.
          3. Bill then loses $1250. He'll get an additional $62.50 back. That's 25% of his annual net losses not already rebated.

          * Rebates are not retroactive, and are based on net losses for one calendar year. Our calendar year starts on the first week of the NFL regular season, and ends on the last week of the following NFL pre season. After 25% rebates are paid on deposited funds only.

          * Rebates will be deposited to player accounts upon request.
          JJ who wrote this for you? You are way too dumb to have written this yourself. Who did this? Carol?? LL?!??
          Comment
          • Vince Carter
            SBR Sharp
            • 02-15-09
            • 498

            #6
            Originally posted by jjgold
            Vinnie I use rebatewager and has benefited me because of my massive losing streak. I have cleaned up with rebates.

            I use them and then flip with 2-3 SBR advertised books
            Thanks JJ

            Couldn't someone take heat -1 @ 110 to win 100 at another book and then hypothetically if raptors ML was +130 at rebate (i have no idea what it is), you could take that for 100 to win 130 and either you win $20 at rebate or you lose $20 at another book and request the $25 rebate at rebatewager and still be up $5? Of course i'm sure this wouldn't work out in the long run but yeah
            Comment
            • bobbyfk
              SBR Posting Legend
              • 01-19-09
              • 15218

              #7
              you can only request rebates when your account is at $0
              Comment
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