What's one way Sportsbooks can avoid disputes?

[Justin7]

Have clear rules that state exactly how a bonus works, and what is not allowed. I have helped several sportsbooks revise rules to avoid disputes. Clear rules are good for players AND the book.

If a sportsbook would like me to review their rules, feel free to contact me at justin@sportsbookreview.com. The review and suggestions are free.

[SBR_John]

Only make bonus offers that have a profit margin. Books are infamous for making a bonus offer that is only profitable if the player is square as a box. They act insulted when a sharp player comes in and scalps through a bonus.

[Justin7]

Agreed. If a bonus is easily beatable by betting your balance on the first bet (i.e. 20% bonus with x3 rollover at -110), the book is asking for problems.

[Ganchrow]

I think many books don't understand what makes a bonus "beatable".

In theory (which means putting aside the in reality often extremely relevant issues of default risk and maximum wagers), then a 15% bonus with 1x rollover actually has slightly lower EV than a 21% bonus with 100x rollover for a player betting markets around +1000/-1500.

The point is that unless books limit bet size or allowable lines, or stipulate that bonuses only be paid on the back end, rollovers just should't be all that relevant to the careful, well-capitalized, bonus hunter.

[RickySteve]

What would all these poor innocent bookies do without SBR steadfastly defending their best interests? It's important work you do here.

[Dark Horse]

Too many books get into this business and think they can learn on the job. That's why so many books always make the same stupid mistakes. Typically at the cost of players.

Have your bases covered before you jump in. If I were to start a book I would pay Pinnacle whatever they wanted for letting me hang out a month at their operation, and ask every question.

(And then I would probably decide it was too much trouble, and start an exchange instead. The future belongs to exchanges. The internet makes it so.)

[Dark Horse]

By the way, I remember Bill Dozer mentioning that it would take about a million to start a book. What would be the start-up cost for an exchange?

[MaxDemo]

What would all these poor innocent bookies do without SBR steadfastly defending their best interests? It's important work you do here.