Does Rebatewager round all bets down?

**yisman** · 10-10-10, 03:10 PM

I just lost a chance to bet Arizona because I was trying to figure out a way to not get screwed by the rounding.

**big joe 1212** · 10-10-10, 07:16 PM

Yes, they round in their favor every time!

Total BULLSHIT!

**yisman** · 10-10-10, 07:17 PM

wow, complete garbage.

That's essentially adding extra vig to the bets.

**pokernut9999** · 10-10-10, 07:35 PM

They do not round down are up , the change is just hidden.

Still there and will show up next time anything is added that puts it over a dollar.

**Mikail** · 10-10-10, 07:41 PM

If they are rounding down in their favor this is flat out theft!

**jgray** · 10-10-10, 07:45 PM

Anyway to see the change. I don't see a cashier.

I just noticed this tonight too.

**sideloaded** · 10-10-10, 07:47 PM

Why not just wager whole numbers?

**yisman** · 10-10-10, 07:51 PM

Originally posted by sideloaded

Why not just wager whole numbers?

on a -115? That means you'd have to wager $23 or 230 or 2300

they do not allow you to bet 11.50, for example.

If you're only allowed to bet whole numbers and everything is rounded down, it's very difficult to avoid getting screwed. The opportunity to make a fair bet is when they have a +100 (even) line, but that's rare.

I noticed this recently when I placed a bet, and asked live chat. They said they round all bets.

So I decided to see if they would round up, and they do not. Everything rounds down to the nearest dollar.

**sideloaded** · 10-10-10, 08:11 PM

Yes I know what that means. But I didn't know they don't allow 11.50 bets for example. That's bizarre. Well I guess that's why they can afford the rebate gimmick.

**Mikail** · 10-10-10, 08:14 PM

Thanks for posting this. I was considering signing up with them but now I will stick with 5dimes, Greek and Bet jamaica.

**TWEETS** · 10-10-10, 08:22 PM

I'm pretty sure they just round it to show you whole numbers but they keep track of the change. If you make 2 -110 wagers to win 5, pending will show 11

**sharpcat** · 10-10-10, 10:35 PM

JustBet does this also

All bets are rounded to whole numbers, ironically it is always in the books favor.

**Kaabee** · 10-10-10, 11:02 PM

i would hope they keep track of several decimal places but just keep it hidden.

**Slim** · 10-11-10, 03:26 AM

This is how they pay JJ to tout them. Blackie is a thief.

**sideloaded** · 10-11-10, 07:31 PM

Did anyone get to the bottom of this?

**Igetp2s** · 10-11-10, 09:10 PM

If you just bet larger amounts, the rounding is almost meaningless as a percentage.

**Hareeba!** · 10-11-10, 10:14 PM

Originally posted by TWEETS

I'm pretty sure they just round it to show you whole numbers but they keep track of the change. If you make 2 -110 wagers to win 5, pending will show 11

so where do you actually see it rounded down?

if they aren't doing that surely you could see the real position in your account statement / balance ?

**treece** · 10-13-10, 08:47 AM

this isn't right. all top books pay you what you're supposed to get. rw isn't a top book.

**yisman** · 10-13-10, 01:04 PM

Originally posted by Igetp2s

If you just bet larger amounts, the rounding is almost meaningless as a percentage.

lol. Yeah, if you have thousands of dollars at rebatewager.

I just have freeplays that I use, so getting rounded down from winning $9.75 to $9 is a big deal.

If a book rounds all wagers down, I'm not making a deposit there anyway, so I'm not going to have the opportunity to bet large amounts most likely.

**Doug** · 10-13-10, 02:43 PM

I don't see it getting "fixed" later down the line. Easy enough with small bets at -110, just go 11/10, 22/20, 33/30 etc. -115 can work go 23/20.

No reason that cents can't be used, though.

CRIS did this for a long time.

Small Parlays get hit, you can't really even out a 4 teamer with various ML's.

**pokernut9999** · 10-13-10, 03:52 PM

The "cents" are not shown but are there !!!

Not hard to figure out , they are not rounding down.

**Hareeba!** · 10-13-10, 04:01 PM

Originally posted by pokernut9999

The "cents" are not shown but are there !!!

Not hard to figure out , they are not rounding down.

so your account statement/balance is in whole dollars only?

it really shouldn't be difficult to work out the truth if you keep your own records and compare it with your balance

**BigDaddy** · 10-13-10, 04:01 PM

Originally posted by pokernut9999

The "cents" are not shown but are there !!!

Not hard to figure out , they are not rounding down.

yes they do round down and its always down.

never up

No i am not bashing them just stating the truth.

**Hareeba!** · 10-13-10, 04:06 PM

Originally posted by yisman

so getting rounded down from winning $9.75 to $9 is a big deal..

it certainly would be if they shaved 75c off every dollar you bet but there's simply no way they would have been able to get away with that,

e.g.
$1 @ 9.75 pays $9.75 rounded down to $9.00 means you've been swindled 75c or 7.7%
$101 @ 9.75 pays $984.75 rounded down to $984.00 means you've been swindled 75c but only .077%

**BigDaddy** · 10-13-10, 04:14 PM

Ok my account has been closed

**yisman** · 10-13-10, 04:22 PM

Originally posted by Hareeba!

it certainly would be if they shaved 75c off every dollar you bet but there's simply no way they would have been able to get away with that,

e.g.
$1 @ 9.75 pays $9.75 rounded down to $9.00 means you've been swindled 75c or 7.7%
$101 @ 9.75 pays $984.75 rounded down to $984.00 means you've been swindled 75c but only .077%

Yes, as was mentioned earlier, if you bet large amounts, it makes less of a difference.

But when you're using a $10 or $25 freeplay and trying to build it up, the cents matter. I don't want my wagers being rounded down, and if they are, I'd like to be able to risk $11.50 to win $10, for example.

**BigDaddy** · 10-13-10, 04:27 PM

SBR Rebatewager closes my account because of this chat i had with them earlier

I saw the thread in this forum at SBR and went and looked if it was true. so i found it to be true as i had 3 wagers that were all rounded down in the books favor. i can no longer access my account so i cant prove it with ticket numbers.

i have this chat emailed all i did was put xxx where my name was and xxxx where my acct# was as i see no need for that to be posted.

xxx:
bets not paying full amount
Welcome xxx! Your request has been directed to the Customer Service department. Please wait for our operator to answer your call.
Call accepted by operator Lucia. Currently in room: Lucia.
Lucia:
Hello xxx!
xxx:
it was brought to my attentiion that bets are not paid in full amount
xxx:
i double checked and i noticed every bet was rounded down
Lucia:
May I please have your account xxx?
xxx:
RBxxxx
xxx:
i calculate $2.53 cents being owed
Lucia:
the system round down or up the cents...depending on the amount
xxx:
it does not
xxx:
26 bet on a +110 dog would pay 28.60 so if it rounds up it should round up above .50 mark
xxx:
i bet $193 on a -165 fav that should pay 116.97 and it only paid 116 so that is shorting the player almost $1
xxx:
26 bet only paid out 28 again shorting the player 60 cents
xxx:
$10 parlay i played should have paid $26.67 cents but it only paid $26 again shorting the player .67 cents
xxx:
it seems it always rounds in the books favor every time
xxx:
Lucia are you still with me?
Lucia:
as far as I know every software in the world does that, because it can not calculate cents,
xxx:
no they dont
xxx:
betjam greek bookmaker
xxx:
all pay cents
Lucia:
We also have house odds, and that is the way is set up
xxx:
so what are you telling me?
xxx:
you tell me every software in the world does what you do and i tell you they dont
xxx:
now you tell me house odds
Lucia:
I am telling you that the software that we used does not calculate cents, and on top of that, we have house odds and payouts per play
xxx:
first you told me your software rounds up or down depending on the payout
xxx:
i proved that theory wrong
xxx:
now i dont get what you are saying
xxx:
house odds
Lucia:
When you say that you calculated the payout of a play, what odds do you use to calculate it
xxx:
26 bet on a +110 dog would pay 28.60
xxx:
you guys paid 28
xxx:
its not that hard to figure out once you look at it
Lucia:
There are two things:
1. The software does not calculate cents
2. The house odds per book are different from every book, and we have our own set of limits and payouts
xxx:
set limit
Lucia:
I can always have my tech crew review this once again
xxx:
what does that have to do with a 26 bet
xxx:
these bets are not going over any max limits i dont think
Lucia:
I am only trying to explain to you how it works
xxx:
or you have the lowest limits in the world if that is the case
xxx:
well you have me stumped
xxx:
i have no clue what you are saying
Lucia:
Its rather simple, the system does not calculate cents, it gets round to an even number
xxx:
i get that part
xxx:
an even number that is always in your favor
xxx:
you never round up.
xxx:
dont you see how that is not good
xxx:
lots of money can be made that way.
xxx:
if you write enough tickets
Lucia:
I would have to check every single event to see that
xxx:
no you wouldnt
xxx:
i just gave you 3 examples
xxx:
of my wagers
xxx:
unless i am the unluckiest person in the world and it just happened to my 3 wagers only and nobody elses
xxx:
you always round down
xxx:
no checking involved needed
xxx:
you grab all the cents every time
Lucia:
If this is such an inconvenient to you, I suggest you move your business somewhere else. I mean, all this time you have been playing on free money and you still think this is something we do to make money? If that is the case, then we wouldnt be giving all those prizes that we give out every week. Do you have any idea how much money we have given out since last football season?
xxx:
i dont think i have been rude
xxx:
at all
xxx:
i have just pointed something out to you.
xxx:
if this is the way you want to treat a customer then maybe you are right
xxx:
i dont even care about the $2
xxx:
i saw a thread on sbr about this
Lucia:
I am not been rude. I am saying that if this is an inconvenient I would suggest to go somewhere else
xxx:
i never noticed it until i checked for myself
xxx:
its decieveing
Lucia:
As simple as that
xxx:
i would say that above paragraph says otherwise
xxx:
thank you
xxx:
have a nice day
Lucia:
You too xxx!
Lucia:
Thanks

**BigDaddy** · 10-13-10, 04:29 PM

the reason was i dont deposit with them and only used money from SBR contests (i think in total $10 FP and BTP cash last year im not 100% sure but it is not much.

so maybe we need to word these contests better that players that don't deposit need not enter.

that seems to be their attitude.

is this really a highly rated book?

**BigDaddy** · 10-13-10, 04:33 PM

if you read that chat the person at first tells me they round up and down depending on the amount

well i told them that is not true.

i had a $26 wager at +110 odds that paid $28 now if they rounded up it would pay $29 as the real payout should be $28.60

I had a $193 wager on odds of -165 that paid out $116 and again if they rounded up it would pay $117 as the real payout should be $116.97

**BigDaddy** · 10-13-10, 04:35 PM

they closed my account so be careful of what you say.

all i did was inquire about it on chat earlier today and

**BigDaddy** · 10-13-10, 04:40 PM

$10 Free play is another example

-150
+120

paid out $26

real payout is $26.67

so if rounding up it would be $27

again i never noticed they did that until i saw the above thread here at SBR and just inquired about it.

Yes i dont use them as a book i use others that don't seem to pull stunts like these.

Just because i don't use them for deposits how does that exclude me from playing the contest that is advertised at SBR as free?

I wont kiss Blackies ASS.

**BigDaddy** · 10-13-10, 04:42 PM

SBR Rebatewager closes my account because of this chat i had with them earlier

I saw the thread in this forum at SBR and went and looked if it was true. so i found it to be true as i had 3 wagers that were all rounded down in the books favor. i can no longer access my account so i cant prove it with ticket numbers.

i have this chat emailed all i did was put xxx where my name was and xxxx where my acct# was as i see no need for that to be posted.

xxx:
bets not paying full amount
Welcome xxx! Your request has been directed to the Customer Service department. Please wait for our operator to answer your call.
Call accepted by operator Lucia. Currently in room: Lucia.
Lucia:
Hello xxx!
xxx:
it was brought to my attentiion that bets are not paid in full amount
xxx:
i double checked and i noticed every bet was rounded down
Lucia:
May I please have your account xxx?
xxx:
RBxxxx
xxx:
i calculate $2.53 cents being owed
Lucia:
the system round down or up the cents...depending on the amount
xxx:
it does not
xxx:
26 bet on a +110 dog would pay 28.60 so if it rounds up it should round up above .50 mark
xxx:
i bet $193 on a -165 fav that should pay 116.97 and it only paid 116 so that is shorting the player almost $1
xxx:
26 bet only paid out 28 again shorting the player 60 cents
xxx:
$10 parlay i played should have paid $26.67 cents but it only paid $26 again shorting the player .67 cents
xxx:
it seems it always rounds in the books favor every time
xxx:
Lucia are you still with me?
Lucia:
as far as I know every software in the world does that, because it can not calculate cents,
xxx:
no they dont
xxx:
betjam greek bookmaker
xxx:
all pay cents
Lucia:
We also have house odds, and that is the way is set up
xxx:
so what are you telling me?
xxx:
you tell me every software in the world does what you do and i tell you they dont
xxx:
now you tell me house odds
Lucia:
I am telling you that the software that we used does not calculate cents, and on top of that, we have house odds and payouts per play
xxx:
first you told me your software rounds up or down depending on the payout
xxx:
i proved that theory wrong
xxx:
now i dont get what you are saying
xxx:
house odds
Lucia:
When you say that you calculated the payout of a play, what odds do you use to calculate it
xxx:
26 bet on a +110 dog would pay 28.60
xxx:
you guys paid 28
xxx:
its not that hard to figure out once you look at it
Lucia:
There are two things:
1. The software does not calculate cents
2. The house odds per book are different from every book, and we have our own set of limits and payouts
xxx:
set limit
Lucia:
I can always have my tech crew review this once again
xxx:
what does that have to do with a 26 bet
xxx:
these bets are not going over any max limits i dont think
Lucia:
I am only trying to explain to you how it works
xxx:
or you have the lowest limits in the world if that is the case
xxx:
well you have me stumped
xxx:
i have no clue what you are saying
Lucia:
Its rather simple, the system does not calculate cents, it gets round to an even number
xxx:
i get that part
xxx:
an even number that is always in your favor
xxx:
you never round up.
xxx:
dont you see how that is not good
xxx:
lots of money can be made that way.
xxx:
if you write enough tickets
Lucia:
I would have to check every single event to see that
xxx:
no you wouldnt
xxx:
i just gave you 3 examples
xxx:
of my wagers
xxx:
unless i am the unluckiest person in the world and it just happened to my 3 wagers only and nobody elses
xxx:
you always round down
xxx:
no checking involved needed
xxx:
you grab all the cents every time
Lucia:
If this is such an inconvenient to you, I suggest you move your business somewhere else. I mean, all this time you have been playing on free money and you still think this is something we do to make money? If that is the case, then we wouldnt be giving all those prizes that we give out every week. Do you have any idea how much money we have given out since last football season?
xxx:
i dont think i have been rude
xxx:
at all
xxx:
i have just pointed something out to you.
xxx:
if this is the way you want to treat a customer then maybe you are right
xxx:
i dont even care about the $2
xxx:
i saw a thread on sbr about this
Lucia:
I am not been rude. I am saying that if this is an inconvenient I would suggest to go somewhere else
xxx:
i never noticed it until i checked for myself
xxx:
its decieveing
Lucia:
As simple as that
xxx:
i would say that above paragraph says otherwise
xxx:
thank you
xxx:
have a nice day
Lucia:
You too xxx!
Lucia:
Thanks

**BigDaddy** · 10-13-10, 04:42 PM

the reason was i dont deposit with them and only used money from SBR contests (i think in total $10 FP and BTP cash last year im not 100% sure but it is not much.

so maybe we need to word these contests better that players that don't deposit need not enter.

that seems to be their attitude.

is this really a highly rated book?

**BigDaddy** · 10-13-10, 04:43 PM

if you read that chat the person at first tells me they round up and down depending on the amount

well i told them that is not true.

i had a $26 wager at +110 odds that paid $28 now if they rounded up it would pay $29 as the real payout should be $28.60

I had a $193 wager on odds of -165 that paid out $116 and again if they rounded up it would pay $117 as the real payout should be $116.97