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  • Concorde
    SBR High Roller
    • 09-05-05
    • 105

    #1
    Action bets
    Any one is playing with them right now?
  • pags11
    SBR Posting Legend
    • 08-18-05
    • 12264

    #2
    I took them up on their free play of $21 with no deposit...so yes, currently I am...
    Comment
    • BAUS
      SBR MVP
      • 08-10-05
      • 2191

      #3
      Yes, never had a problem.

      BAUS
      Comment
      • Concorde
        SBR High Roller
        • 09-05-05
        • 105

        #4
        Originally posted by BAUS
        Yes, never had a problem.

        BAUS

        BAUS,

        Thanks for your answer really. I am playing with them and have a decent balance.

        GL
        Comment
        • BAUS
          SBR MVP
          • 08-10-05
          • 2191

          #5
          Same here. I've had over 10k in payouts from them without a problem. But they aren't an A+ book by any means. At this time of year, every book is a "suspect", IMO.

          BAUS
          Comment
          • slacker00
            SBR Posting Legend
            • 10-06-05
            • 12262

            #6
            Originally posted by pags11
            I took them up on their free play of $21 with no deposit...so yes, currently I am...
            Same here. I got my balance up to $64, but I'm starting to slide backwards. Anyone know how the 10x rollover is supposed to work? If I get to $500 in posted wagers, can I cash out $50?
            Comment
            • Concorde
              SBR High Roller
              • 09-05-05
              • 105

              #7
              Originally posted by slacker00
              Same here. I got my balance up to $64, but I'm starting to slide backwards. Anyone know how the 10x rollover is supposed to work? If I get to $500 in posted wagers, can I cash out $50?

              How to Calculate a Rollover

              Most of our promotions here at ActionBets come with what we call a "Rollover Requirement". This is depicted as a multiplication of a dollar amount.
              For example, when you make a deposit at ActionBets, you can either take a 10% cash bonus with a 3x rollover or, you can take a 20% cash bonus with a 6x rollover requirement.

              We add this requirement so you stick around and play for while, rather than taking the bonus money and running! We calculate a rollover by adding the lower value in the Risk/Win relationship.
              This value is called the "True Amount," and every wager has one.

              For example: You may bet on a team that is not favored, an "underdog" and Risk $10 to Win $15. We would add the $10, the lower number, towards the rollover.

              Likewise, if you were to bet on a heavily favored team, you may Risk $15 to Win $10. Again we would use the lower $10 to calculate towards your rollover.

              So, now if you deposited $1000 and took a 10% bonus with a 3x rollover you would end up with an opening balance of $1100.
              To calculate the rollover on the $1000 deposit, multiply your opening balance by the rollover requirement.

              Illustration 1:
              10% cash bonus 3 time rollover requirement
              $1000 deposit + $100 Cash Bonus =$1100
              Opening balance x 3 = $3300 rollover

              Illustration 2:
              20% cash bonus 6 time rollover requirement
              $1000 deposit + $200 Cash Bonus = $1200
              Opening balance x 6 = $7200 rollover

              By adding up the lowest of the Risk/Win amounts for every wager, one can calculate how much money has been used in a given rollover requirement, regardless of the outcome of the wager; win or lose, this makes no difference towards the rollover.

              Let's use 4 anonymous wagers from Nov 25th, 2005 as examples.

              Golden State money line -135 R135/W100
              Second Half wager Celtics -5 R108/W100
              Edmonton Oiler's Hockey bet +145 R100/W145
              Oklahoma State College Hoops bet -14.5 R54/W50

              This Actionbets anonymous account holder has complied with $350 towards his/her rollover requirement.
              Comment
              • pags11
                SBR Posting Legend
                • 08-18-05
                • 12264

                #8
                concorde,

                thanks for the explanation...I'm liking my experience so far...
                Comment
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