Does Rebatewager round all bets down?

Doug · 10-13-10, 11:38 PM

Originally posted by Kaabee

once i logged into my betjam account and the balance for some reason showed all the decimal places that they keep, it was like .666666666667 for the cents

I never saw other than whole dollars.

yisman · 10-13-10, 11:50 PM

Originally posted by THEGREAT30

Wow, I don't know if it's even worth complaining anymore. I like the DC concept but that may be it. Still willing to give them a shot

DC?

RE: Herbie

Yeah, unfortunately I can't bet very many things with the freeplay. I'm still looking for a play I like with a reasonable line where I can bet my freeplay without losing out with the rounding.

yisman · 10-13-10, 11:53 PM

Well, I guess I have my answer.

I especially enjoyed the "Who cares about cents?" argument.

hhsilver · 10-13-10, 11:57 PM

still waiting for fishhead to elaborate on what he said about the free play from the beat blackie contest. "no moneyline dogs" .... even though the website says up to +200 for free plays...... is fishhead saying there are unpublished rules for the blackie contest free plays.

astrodomer · 10-14-10, 12:06 AM

Someone get to the bottom of this

pat venditto · 10-14-10, 12:08 AM

Funny how blackie won't respond. He knows he's blatantly stealing here.

BigMattM · 10-14-10, 12:08 AM

Those cents can really add up especially with volume players. Its pretty easy for a lot of players to make 200 or more bets a month. Losing an average of 50 cents on winning half of those 200 bets100 bets is $50, thats $600 a year!

BigMattM · 10-14-10, 12:12 AM

Originally posted by minet123

OMG
A thread about Change
Change
Yes I know it all adds up
RW give 50% back on losses and although I agree with uncle Richie "If your worried about rebates you should not be gambling"
Still
Change
Fishy,sponsey,Rich,Brock
Remember when they rounded all $25 to $30
Come on Freaking change

Those cents can really add up especially with volume players. Its pretty easy for a lot of players to make 200 or more bets a month. Losing an average of 50 cents on winning half of those 200 bets bets is $50, thats $600 a year!

Doug · 10-14-10, 12:12 AM

Originally posted by hhsilver

still waiting for fishhead to elaborate on what he said about the free play from the beat blackie contest. "no moneyline dogs" .... even though the website says up to +200 for free plays...... is fishhead saying there are unpublished rules for the blackie contest free plays.

They took 3 team parlays earlier in this contest, some rule ( then) like no more than 2 favs. I think you could do +200 dogs , though ( now). No reason ( IMO) to restrict favs, but I can see limiting parlays to two teams.

tltaylor89 · 10-14-10, 12:24 AM

This pisses me off they gave me +100 when the line is +115 5to win 5 are you serious

Mr. Jones · 10-14-10, 12:39 AM

Valuable thread boys. Thank you.

THEGREAT30 · 10-14-10, 12:59 AM

Originally posted by yisman

DC?

RE: Herbie

Yeah, unfortunately I can't bet very many things with the freeplay. I'm still looking for a play I like with a reasonable line where I can bet my freeplay without losing out with the rounding.

DCard

THEGREAT30 · 10-14-10, 01:01 AM

Originally posted by bookie

I have argued for this for a long time. The marketing people say you have to seem to offer something for nothing or players will go somewhere else that seems too. But there's a big class of bettors who deposit $200 someplace and lose it on $20 bets and then spend the rest of the year trying to run up free plays. They're pretty sophisticated in their own way, and in 2010 they outnumber the guys who will take a free play, like the action, and decide to make a deposit.

Yeah, I feel like that's pretty much why we are stuck with Diamonds as only book for BTP because books got tired of given FP's and having to payout people who would never deposit but the truth of the matter is there are not 5 good books out there and you would be a fool to deposit at most of these books that get way too many complaints. So, why not free roll them until they atleast prove that they can be consistent?

Doug · 10-14-10, 01:04 AM

Originally posted by yisman

DC?

RE: Herbie

Yeah, unfortunately I can't bet very many things with the freeplay. I'm still looking for a play I like with a reasonable line where I can bet my freeplay without losing out with the rounding.

You have to start with a 2 team parlay. I did it with $10 and now have $605. All posted and documented. I'm taking out $500 of it today , too.

Iwinyourmoney · 10-14-10, 01:08 AM

lol creditwagering doesnt even round down!

Rebatewager is a joke.............

THEGREAT30 · 10-14-10, 01:39 AM

Originally posted by Iwinyourmoney

lol creditwagering doesnt even round down!

Rebatewager is a joke.............

But I have never heard a story of RW not paying a customer or even severely slowpaying a customer. Furthermore, CW will never have the funds or credibility to host a contest on a site that is as credible as SBR, and I am not saying that SBR is the most credible on the planet.

Metalhead · 10-14-10, 01:42 AM

This is who handles customer service for Rebate Wager?

Lucia:
as far as I know every software in the world does that, because it can not calculate cents

Lucia:
If this is such an inconvenient to you, I suggest you move your business somewhere else.

Knowledgeable and friendly!

investor · 10-14-10, 01:54 AM

RW is a scam and Blackie needs to go play in traffic

Jonah · 10-14-10, 02:07 AM

Originally posted by jjgold

Old school books do not like really stuff like this

11.23 to win 10.29

For some reason this had me dying

Dude's got a style.

Jonah · 10-14-10, 02:14 AM

Does Legends round up, or does it just seem like they do?

Still have a feeling RW does not round down...They just don't show it.

DeluxeLiner · 10-14-10, 02:20 AM

just bet 11 to win 10 for -110 bets and keep it simple instead of trying to do tricky stuff where you are techincally getting better odds because you want the computer to round up. Angle shooting over pennies probably not worth it.

Albert Pujols · 10-14-10, 02:26 AM

I don't think this is a huge deal. It should probably be fixed but it doesn't make them a bad book.

prop · 10-14-10, 02:34 AM

Originally posted by jjgold

Almost all books rounded off when they first came on board, they were all local books that went offshore and local books never dealt with cents, the euro books were the ones that always went to the penny, as the years went on many books did go to the penny but as of this day old school books like rebatewager kept it the old way of booking.

This isn't exactly true with the "almost all" there was a handful that did this but I'm certain it wasn't even half, unless you're talking pre 1999 then okay maybe because I wouldn't know anything prior to 99. Anyways since 1999 it has been only a handful of books (most which changed since) that don't use cents and those ones did true rounding. I can recall (foolishly because it draws more attention to my accounts) always trying to place each bet so that would result in me benefiting from the round up.

Here what is being discussed is something totally different. This is not rounding but a pure shave.

Considering most here are probably not large bettors, this should be a major concern.

Risk $25 on a -110 line
Effectively at This site you're now instead getting -113.64 (as opposed to -110).

This site is not at all friendly to small bettors if they are shaving cents, and yes I'd guess its probably an extra $100K per year they are keeping.

Edit: Also I understand yes, just tell people to not bet in anything that would result in cents. But common that's not realistic and people should need to manipulate their bet to get the fair advertised priced, and obviously not all are going to do that or notice it.

chachi · 10-14-10, 02:37 AM

to be fair, handling 2 decimal place accuracy is pretty complex accounting stuff

FreeFall · 10-14-10, 02:46 AM

Originally posted by pavyracer

Don't bet at books who have active shills in forums.

After being in this industry for four years this is probably the first piece of advice I'd give anyone. Minus fishhead and MB of course.

No surprise here tho. Especially after the stunt with Blackie on the forum and public identity. Still waiting on his exchange to change the world. There are too many respectable books to bother with this one.

jjgold · 10-14-10, 05:45 AM

Originally posted by DeluxeLiner

just bet 11 to win 10 for -110 bets and keep it simple instead of trying to do tricky stuff where you are techincally getting better odds because you want the computer to round up. Angle shooting over pennies probably not worth it.

YES

It is an old school book and many guys here do not realize most books all rounded off as they was the way to book locally and they just did it online also

If your betting like $5 a game you could see the rounding effect.

Richkas · 10-14-10, 06:00 AM

I bitched long ago about rebate wager before the word rebate wager even came out of JJ's mouth. If a new customer deposits say $500 and wins say $150. They wont they you bet the whole $650 at once. That tells you right there he is scared to take a bet. But I will say this, if you manage to win there, he pays fast.

Vince Lombardi · 10-14-10, 06:29 AM

B Team book at best. What do you expect from your 2nd and 3rd string books. Stick with the starting lineup.

prop · 10-14-10, 06:47 AM

Originally posted by jjgold

YES

It is an old school book and many guys here do not realize most books all rounded off as they was the way to book locally and they just did it online also

If your betting like $5 a game you could see the rounding effect.

If you're betting almost any figure per game you could see the rounding effect. Traditionally you called a bookie and said give me 3 on 112 or w/e and they knew this was risk $330 to win $300. Online is well established though and i am while its not most there is still a significant number who bet based on risked amount.

Someone deposits $200 (not $220) who then risks $100 on one team and $100 on another.

Everywhere else they are risking $100 to win $90.91

Here they are risking $100 to win $90.

Instead of getting -110 they are getting -111.11
Someone risking $25 is getting -113.64

Someone deposits $100 decides he likes three games and bets $33, $33 and $34, he's fine on the two he bet $33, but the one he bet 34 he ends up donating that extra dollar win or lose and on a line of -110 is paying -113.33.

Ads up and lol @ rep saying every software in world does this.

Maybe a simple oversight ten years ago, here its just a shave that gives players worst odds.

HedgeHog · 10-14-10, 06:55 AM

JJ's old school argument doesn't hold water, but of course he's paid to promote/protect SBR ad Books. Bottom line, if a Book doesn't want to deal with cents then at least round fairly--up for balances at .51 and higher and down with anything less.

Fishhead · 10-14-10, 07:01 AM

A few books actually round UP

geebert74 · 10-14-10, 07:12 AM

I still have not seen Blackie in here yet... Oh Well, life goes on... It's only money right!

polskboy · 10-14-10, 07:17 AM

Originally posted by geebert74

I still have not seen Blackie in here yet... Oh Well, life goes on... It's only money right!

what you want him to say" ohhhh yeaa jj is right we old school babe old school" wtf you want him to say??

geebert74 · 10-14-10, 07:18 AM

Also when you make the wager with them they give you a confirmation screen to make sure this is the wager you want to me... And they tell you exactly what the payout will be... Then you click "Confirm Wager" and then you agree to the wager... If you do not agree do not play with them...

hhsilver · 10-14-10, 07:26 AM

Originally posted by Fishhead

The freeplays won in the BLACKIE contest cannot be used on underdog moneylines.

Have any of you won free play in the beat Blackie contest? if so, have you used it to play a money line underdog? did you win the bet? fish said you weren't allowed to use it on moneyline dogs. can this be true????