Does Rebatewager round all bets down?

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  • mathdotcom
    SBR Posting Legend
    • 03-24-08
    • 11689

    #491
    It only goes from 6-1 to 5-1 if you're betting a few bucks. It costs you at most $0.99 regardless of the bet. Think of it as covering a cost to them of booking your baby bets.

    Edit the bet so that you win $50.01 instead of $49.99. Can't you bet a penny more on your dumb parlay? And if you can't then bet an extra dollar or less until they end up only taking 10 cents from you.

    Can't believe we are talking about pennies here.

    What an embarrassment to the gambling community.
    Comment
    • sharpcat
      Restricted User
      • 12-19-09
      • 4516

      #492
      Originally posted by mathdotcom
      It only goes from 6-1 to 5-1 if you're betting a few bucks. It costs you at most $0.99 regardless of the bet. Think of it as covering a cost to them of booking your baby bets.

      Edit the bet so that you win $50.01 instead of $49.99. Can't you bet a penny more on your dumb parlay? And if you can't then bet an extra dollar or less until they end up only taking 10 cents from you.

      Can't believe we are talking about pennies here.

      What an embarrassment to the gambling community.
      $5 to win $25 is 5-1 not 6-1 this is not pennies this is $5 on what should be a $30 win this is a 16% deduction from what the true payout should be.

      I thought you were good at math

      As far as the skimming pennies deal sure you could alter your bet amounts slightly but how many of RW square players are going to pick up on this? Anybody with street smarts would spot this scam from a mile away Blackie is taking shots at his players sure it may just be pennies but pennies add up and it is more about the big picture usually shady people who pull these stunts continue to find more and more stunts to pull.

      This is about honesty and this portrays a very dishonest personality if this person will rob you for pennies they will rob you for more if given the opportunity. Don't be a pushover before you know it everybody will be stepping all over you.

      Man some of you guys are so naive you would not last a week on the streets I guess you guys just sat back and let the bully at school take your milk money also.
      Comment
      • BLACKIE
        SBR Sharp
        • 09-25-09
        • 430

        #493
        I made 1.2 million last year from shaving pennies and fixing parlays. Thanks guys.
        Last edited by BLACKIE; 10-15-10, 11:36 PM.
        Comment
        • Cookie Monster
          SBR MVP
          • 12-05-08
          • 2251

          #494
          Originally posted by sharpcat
          True.

          Or you could just bet somewhere else that does not steal your change and than you do not have to waste all the time figuring how to adjust your bets so that you do not get robbed.

          I prefer to not hangout in parts of town that I will get robbed in rather than having to carry a gun with me, especially when there is 30 more safe parts of town to hang out in.

          What exactly does rebate wager offer that you can not get anywhere else that is worth going through such a hassle to not get ripped off? it sure ain't their lines. A rebate is not such a great deal when you are betting into highly juiced lines and having all of your change stolen from you this is called a refund.
          You have a point. On the other side, anyone smart enough can easily avoid most of the rounding damage. I noticed this funny rounding a few weeks ago, you can see it here:

          Sports betting and handicapping forum: discuss picks, odds, and predictions for upcoming games and results on latest bets.


          However, as anyone with enough brains I quickly adapted. I weighted the small nuisance of adjusting the bet size vs the advantages (freeplay + rebates totaling 50%, quick and free payouts, MLB dime lines up to -190, good promos) and knowingly decided to give them my business. And currently I am a very satisfied customer.
          Last edited by Cookie Monster; 10-16-10, 12:21 AM.
          Comment
          • Deuce
            BARRELED IN @ SBR!
            • 01-12-08
            • 29843

            #495
            Originally posted by BLACKIE
            I made 1.2 million last year from shaving pennies and fixing parlays. Thanks guys.
            You're an asshole, go fukk yourself you pompous prick.
            Comment
            • ZetaPsi808
              SBR Posting Legend
              • 09-18-08
              • 12119

              #496
              i love rebate wager b/c of the great customer service and the cash rebate program. but i also think they need to change the software to deal with cents. i thought dealing with cents was standard nowadays.
              Comment
              • frizzelli
                SBR Hall of Famer
                • 08-06-10
                • 8916

                #497
                Originally posted by BLACKIE
                I made 1.2 million last year from shaving pennies and fixing parlays. Thanks guys.

                a book owner with a sense of humor You think I can have 500 freecash with 0 rollerover and max withdrawal Ill transfer to your book. COME ON.
                Comment
                • DeluxeLiner
                  SBR MVP
                  • 01-29-08
                  • 4132

                  #498
                  Funny but true
                  Comment
                  • prop
                    SBR MVP
                    • 09-04-07
                    • 1073

                    #499
                    Originally posted by jjgold
                    Guys are such stupid fuks here

                    Mathy is correct

                    Dont bet parlays there then

                    What is the fukkin big deal
                    Covered the big deal in every other thread but you want to keep ignoring it and saying the same shit over and over over again.

                    Its about them scamming tons of novice gamblers who don't know any better, and this is huge money potential they scam a little at a time.

                    Obvious you don't care about it because it lines your pocket.
                    Comment
                    • prop
                      SBR MVP
                      • 09-04-07
                      • 1073

                      #500
                      Originally posted by BLACKIE
                      I made 1.2 million last year from shaving pennies and fixing parlays. Thanks guys.
                      You're a no good piece of shit imo.
                      If that wasn't true, it could be soon enough.
                      Comment
                      • BLACKIE
                        SBR Sharp
                        • 09-25-09
                        • 430

                        #501
                        Originally posted by prop
                        Covered the big deal in every other thread but you want to keep ignoring it and saying the same shit over and over over again.

                        Its about them scamming tons of novice gamblers who don't know any better, and this is huge money potential they scam a little at a time.

                        Obvious you don't care about it because it lines your pocket.

                        We've been paying 5/1 on 3 team parlays for the last 20 years. Find a rule in Vegas or anywhere else that says this is wrong. Parlay payouts are clearly stated once you place your bet. If you don't like them don't bet them.
                        Comment
                        • Shonner
                          SBR MVP
                          • 09-05-10
                          • 1361

                          #502
                          Originally posted by BLACKIE
                          We've been paying 5/1 on 3 team parlays for the last 20 years. Find a rule in Vegas or anywhere else that says this is wrong. Parlay payouts are clearly stated once you place your bet. If you don't like them don't bet them.
                          I agree that the book is under no obligation to give any fixed set of odds, even industry std ones. All parlay odds/payouts are stated on the limits page. It says 3 teamers are 5-1 although I do not know if it was recently changed or not so I cannot attest to that.

                          My guess is that in order for the book to continue to give generous rebates this is one of the areas they have to cut back on. Every book has benefits and downsides too.

                          I understand some frustration but Blackie has stated in previous threads that his book is NOT for everyone.

                          I am not taking sides here, just stating a neutral, unbiased opinion.
                          Comment
                          • TWEETS
                            SBR MVP
                            • 10-22-08
                            • 2114

                            #503
                            Have to agree with Blackie here, while industry standard may be closer to +596, RW clearly states 3 teamer pays 5/1. If you play parlays and signed up at RW, your own fault if you didn't check that.

                            As far as rounding goes, I guess I had never noticed because I usually bet an even amount.
                            Comment
                            • BLACKIE
                              SBR Sharp
                              • 09-25-09
                              • 430

                              #504
                              Guys just to be clear we offer 5/1 as an opener but 90% of our members do get 6/1. Anyone that actually has an account and has deposited their own money should be able to confirm this. A lot of you also know that we have recently moved to our new offices, updated to new software and made changes to our website and during this transition some mistakes have been made and have been corrected.
                              Comment
                              • WeinketoWarrick
                                SBR MVP
                                • 05-30-09
                                • 1698

                                #505
                                The issue isn't whether RW should be allowed to do the bullshit stuff they're doing. Yeah, it's Blackie's terrible square book that can't handle a bit of sharp action 'cause it would mean his ass would end up on a Costa Rican curb and so he's allowed to write the rules however he wants them to stay in business. Fine, no issue there.

                                The issue is that SBR still rates this book highly despite the book's antics. Everybody knows SBR ratings are tied to sponsorship, but at least there have always been a little bit of industry integrity to the rankings. Sure, a true C book might be given a B if they donate to the SBR cause, and a B book like Bodog might be given an A because they're a sponsor, but what we have here is a D+ book getting a rating far higher than they deserve and SBR actively promoting it as something better than it really is.
                                Comment
                                • TWEETS
                                  SBR MVP
                                  • 10-22-08
                                  • 2114

                                  #506
                                  Originally posted by BLACKIE
                                  Guys just to be clear we offer 5/1 as an opener but 90% of our members do get 6/1. Anyone that actually has an account and has deposited their own money should be able to confirm this. A lot of you also know that we have recently moved to our new offices, updated to new software and made changes to our website and during this transition some mistakes have been made and have been corrected.
                                  Blackie,

                                  I'm a depositor and I'm only getting 5/1, not that I really care because I doubt you will ever see me put in a parlay.
                                  Comment
                                  • 22dsnyd22
                                    SBR Sharp
                                    • 10-26-09
                                    • 386

                                    #507
                                    haha What a phucking joke of a book. So now i have to disregard all the sbr ratings on sportsbooks. I had recently told my friends to check out the sportsbook review sections to decide which book to deposit with. Apparently they dont mean shit. How could you say RebateWager is worth any amount of shit when their pompous douche of a owner brags about skimming change and how much $$$ he made; he also takes it to a personal level with other random posters. Glad I found out about this before giving this clown any of my loot.
                                    Comment
                                    • obamaismyuncle
                                      SBR Posting Legend
                                      • 12-31-08
                                      • 17801

                                      #508
                                      Originally posted by pavyracer
                                      If you don't like the book it's pretty simple. Don't play there. They steal change or don't offer advertised parlay odds then kiss them goodbye. It's not like they are the only option to play.

                                      this
                                      Comment
                                      • jjgold
                                        SBR Aristocracy
                                        • 07-20-05
                                        • 388189

                                        #509
                                        A lot of dumb fuks here that do not know how to read anything on their website

                                        98% of guys in this thread never made a bet at RW

                                        What assholes and loser

                                        Rebatewager is one of top books in world, any real player knows this
                                        Comment
                                        • BLACKIE
                                          SBR Sharp
                                          • 09-25-09
                                          • 430

                                          #510
                                          Originally posted by TWEETS
                                          Blackie,

                                          I'm a depositor and I'm only getting 5/1, not that I really care because I doubt you will ever see me put in a parlay.
                                          Just go to chat and ask and they will fix it. Lot of our members have asked for this and we ace gladly accommodated them. Again with the move to the new database mistakes have been made and we hope to have everything corrected by next week. Now if you are on a sharp line set we may tell you no.
                                          Comment
                                          • prop
                                            SBR MVP
                                            • 09-04-07
                                            • 1073

                                            #511
                                            Originally posted by WeinketoWarrick
                                            The issue isn't whether RW should be allowed to do the bullshit stuff they're doing. Yeah, it's Blackie's terrible square book that can't handle a bit of sharp action 'cause it would mean his ass would end up on a Costa Rican curb and so he's allowed to write the rules however he wants them to stay in business. Fine, no issue there.

                                            The issue is that SBR still rates this book highly despite the book's antics. Everybody knows SBR ratings are tied to sponsorship, but at least there have always been a little bit of industry integrity to the rankings. Sure, a true C book might be given a B if they donate to the SBR cause, and a B book like Bodog might be given an A because they're a sponsor, but what we have here is a D+ book getting a rating far higher than they deserve and SBR actively promoting it as something better than it really is.
                                            ^ This. A+
                                            Comment
                                            • BeeMore
                                              Restricted User
                                              • 05-29-10
                                              • 1004

                                              #512
                                              If this book didn't pay SBR a monthly fee their rating would be a lot lower

                                              It's also funny how no one from SBR will acknowledge these developments........................

                                              What a shitty company - both of them involved.
                                              Comment
                                              • BeeMore
                                                Restricted User
                                                • 05-29-10
                                                • 1004

                                                #513
                                                Originally posted by BLACKIE
                                                Just go to chat and ask and they will fix it. Lot of our members have asked for this and we ace gladly accommodated them. Again with the move to the new database mistakes have been made and we hope to have everything corrected by next week. Now if you are on a sharp line set we may tell you no.
                                                Why do you make fun of the people betting change yet will only allow Durito to get $125 down on a bet?

                                                You're booking change, son.
                                                Comment
                                                • WeinketoWarrick
                                                  SBR MVP
                                                  • 05-30-09
                                                  • 1698

                                                  #514
                                                  Originally posted by jjgold
                                                  A lot of dumb fuks here that do not know how to read anything on their website

                                                  98% of guys in this thread never made a bet at RW

                                                  What assholes and loser

                                                  Rebatewager is one of top books in world, any real player knows this
                                                  You're the dumb **** loser here.

                                                  Keep power posting, nimrod. I'm sure those $100 free plays you get for shilling a shit book are fun for at least the first halves of those games you're betting (and losing) on.
                                                  Comment
                                                  • TWEETS
                                                    SBR MVP
                                                    • 10-22-08
                                                    • 2114

                                                    #515
                                                    Went to chat, was there 2 minutes, getting 6/1 on a 3 teamer, 11/1 on a 4 teamer. Problem fixed, great customer service.
                                                    Comment
                                                    • jjgold
                                                      SBR Aristocracy
                                                      • 07-20-05
                                                      • 388189

                                                      #516
                                                      Originally posted by WeinketoWarrick
                                                      You're the dumb **** loser here.

                                                      Keep power posting, nimrod. I'm sure those $100 free plays you get for shilling a shit book are fun for at least the first halves of those games you're betting (and losing) on.
                                                      Hey tough guy say it to my face and you will have no jaw left, I cannot stand cowards like you. I will eat you for diner and buy and sell you 100x over

                                                      In Vegas now with $73,000 Cash , pics are posted here at SBR
                                                      Comment
                                                      • Swinging Johnson
                                                        SBR Hall of Famer
                                                        • 08-12-09
                                                        • 7604

                                                        #517
                                                        I don't think it's SBR's place to interject in a thread where the issues are clear and out in the open. Ultimately, if RW makes the changes to the programming or alerts the players to any inconsistincies then this is all a moot point going forward. I don't see where anyone proved RW stated that they give 6-1 on parlays and only give 5-1 regardless of the size of the bet.

                                                        SBR, like the books, is always an easy target. I have absolutely no doubt they're smart enough to know that their integrity is more valuable than any individual sponsor. Regardless of how you view Blackie, RW has done nothing so eggregious that would make them fall even marginally from their current rating. Based on what I've read their payouts are expeditious and your money is safe. They may not be the best book for the sharpies but I do feel people are magnifying a small issue and not acknowledging any of their goodwill. SBR will ultimately determine if this has any bearing on their rating but I for one don't see this as more than a small issue no matte how you slice it.
                                                        Comment
                                                        • WeinketoWarrick
                                                          SBR MVP
                                                          • 05-30-09
                                                          • 1698

                                                          #518
                                                          Risked: $602,265.00 Won: $259,911.48 Lost: -$301,554.00 Net: -$41,642.52 Win Percentage 48.48% | 2522-2680-81



                                                          Thanks for the fades, today.
                                                          Comment
                                                          • jjgold
                                                            SBR Aristocracy
                                                            • 07-20-05
                                                            • 388189

                                                            #519
                                                            Originally posted by Swinging Johnson
                                                            I don't think it's SBR's place to interject in a thread where the issues are clear and out in the open. Ultimately, if RW makes the changes to the programming or alerts the players to any inconsistincies then this is all a moot point going forward. I don't see where anyone proved RW stated that they give 6-1 on parlays and only give 5-1 regardless of the size of the bet.

                                                            SBR, like the books, is always an easy target. I have absolutely no doubt they're smart enough to know that their integrity is more valuable than any individual sponsor. Regardless of how you view Blackie, RW has done nothing so eggregious that would make them fall even marginally from their current rating. Based on what I've read their payouts are expeditious and your money is safe. They may not be the best book for the sharpies but I do feel people are magnifying a small issue and not acknowledging any of their goodwill. SBR will ultimately determine if this has any bearing on their rating but I for one don't see this as more than a small issue no matte how you slice it.

                                                            Comment
                                                            • -105
                                                              SBR High Roller
                                                              • 07-20-10
                                                              • 208

                                                              #520
                                                              I got no problem with a site rounding down the change, what bothers me is blackie sh*t talking his client base and acting like when he did start the site this conversation didn't happen.

                                                              "hey would you like me to set the software to always round down so rebatewager can make extra money"says the 30$ an hour computer programer

                                                              "yeah I like that, but stop talking when I'm watching Scarface, you know I watch Scarface everyday at this time" blackie says.
                                                              Comment
                                                              • Smoke
                                                                SBR Aristocracy
                                                                • 10-09-09
                                                                • 48111

                                                                #521
                                                                Some of you are the biggest fukkin degens i've ever seen.. Pennies on the dollar?? Who fukkin cares what are guys that fukkin cheap?? RW is top 5 easy, fast and free payouts whereas other books charge $50 to $90 per withdrawal. If your complaining about pennies get a life you cheap fukks
                                                                Comment
                                                                • Boner_18
                                                                  SBR Hall of Famer
                                                                  • 08-24-08
                                                                  • 8301

                                                                  #522
                                                                  Its the simplest form of voting. With your feet.
                                                                  Comment
                                                                  • muldoon
                                                                    SBR MVP
                                                                    • 01-04-10
                                                                    • 4397

                                                                    #523
                                                                    Pretty sad when the whole premise of this website is supposed to be a review/advocate type place. When someone points out what appears to be a legit concern, a poster with 77,000 posts refers to them as a sucker and a lot of responses are "then don't play there". This is after all, a book that is promoted heavy here.
                                                                    Comment
                                                                    • pavyracer
                                                                      SBR Aristocracy
                                                                      • 04-12-07
                                                                      • 82540

                                                                      #524
                                                                      The way I see it is cheating. If 1000 players every day are rounded down to an average of 50c each for an average of 6 plays this is $3 per player or $3000 per day the book cheats from the players. Multiply that by 333 days avg per year and this is a cool $1,000,000 profit for the book.
                                                                      Comment
                                                                      • Doug
                                                                        SBR Hall of Famer
                                                                        • 08-10-05
                                                                        • 6324

                                                                        #525
                                                                        a lot of bets will end in zero change, though. The -110 lines are easy to bet in $10 increments. I don't think they write anything close to 6,000 bets a day either.
                                                                        Comment
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