Does Rebatewager round all bets down?

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  • Doug
    SBR Hall of Famer
    • 08-10-05
    • 6324

    #561
    I'll bet you some points it gets fixed this week ?

    My points are all tied up at the moment, though !

    Phx in NHL tonight

    NYY On Monday

    need to win one of those or it's pointless !
    Comment
    • BLACKIE
      SBR Sharp
      • 09-25-09
      • 430

      #562
      Guys we have adjusted the system to true rounding values. Some of you guys may like me and some of you don't but one thing I'm not is a thief. My background is credit and the only dollars I ever dealt with were in terms of 100's. We never had a issue with this until the recent SBR contests and taking action from smaller players. As I've said before in this thread if any RW depositing member feels short changed in anyway send me an email through our players lounge as some of you have already done and we will look at your history and issue any credits you may be due.
      Comment
      • Doug
        SBR Hall of Famer
        • 08-10-05
        • 6324

        #563
        so it rounds 51cents up and 49 cents down now ?

        that is acceptable.
        Comment
        • BLACKIE
          SBR Sharp
          • 09-25-09
          • 430

          #564
          From what my staff tells me if a payout is .50 or greater it rounds up to the next dollar and if it .49 or lower it goes down.
          Comment
          • Doug
            SBR Hall of Famer
            • 08-10-05
            • 6324

            #565
            Still a big problem with moneyline parlays....

            WagerType:PARLAY (3 TEAMS)
            Date: Team:
            Oct 17 NFL [234] WAS REDSKINS +150
            Oct 17 NHL [1] PHO COYOTES +110
            Oct 17 NHL [2] ANA DUCKS u5½-120
            Risking 100 USD To Win 742 USD

            should be $862.50
            Comment
            • BLACKIE
              SBR Sharp
              • 09-25-09
              • 430

              #566
              We fixed the issue with rounding. Our parlay calculators are not getting changed.
              Comment
              • Doug
                SBR Hall of Famer
                • 08-10-05
                • 6324

                #567
                same bet at 5D. RBW has better lines on 2/3 and the same line on one.

                Confirm Parlay

                Please review parlay and re-enter password to confirm.
                Wager


                1. 10/17/2010 8:20 PM NFL Football 234 Washington Redskins* +145 vs Indianapolis Colts
                2. 10/17/2010 8:05 PM NHL Hockey 1 Phoenix Coyotes* +110 vs Anaheim Ducks
                3. 10/17/2010 8:05 PM NHL Hockey 1 Phoenix Coyotes/Anaheim Ducks* Under 5½ -130

                Risking $100.00 To Win $810.27
                Comment
                • Doug
                  SBR Hall of Famer
                  • 08-10-05
                  • 6324

                  #568
                  Originally posted by BLACKIE
                  We fixed the issue with rounding. Our parlay calculators are not getting changed.
                  That is unfortunate, but it is your decision.
                  Comment
                  • BLACKIE
                    SBR Sharp
                    • 09-25-09
                    • 430

                    #569
                    We use the same values and parlay calculators we've been using for years. There is no rules for this. Your payout is clearly displayed when you make your wager and if you feel you can get a better price somewhere else then do it.
                    Comment
                    • Doug
                      SBR Hall of Famer
                      • 08-10-05
                      • 6324

                      #570
                      A parlay like that is a mathematical equation that yields one correct answer. Most all books treat that way.

                      Certainly 5D, Bookmaker, Betjam, Pinny etc. would pay by the math.

                      It is short....or rounded down....no way around it. Few would bother to check the payout.

                      Good day, sir !
                      Comment
                      • BeeMore
                        Restricted User
                        • 05-29-10
                        • 1004

                        #571
                        Blackie stop talking about booking smaller players as the reason for this when you won't even allow bets over 500

                        Chump change
                        Comment
                        • pokernut9999
                          SBR Posting Legend
                          • 07-25-07
                          • 12757

                          #572
                          Originally posted by TWEETS
                          If they get it fixed this week, I will be impressed. Not many books that respond to issues.

                          Blackie has always responded to issues , even have a feedback feature on there site.
                          Comment
                          • Doug
                            SBR Hall of Famer
                            • 08-10-05
                            • 6324

                            #573
                            Here's the math, long hand

                            100 at +150 wins 150, you now have 250

                            250 at +110 wins 275, you now have 525

                            525 at -120 wins 437.5, you now have 962.5

                            subtract the 100 stake, you won 862.5 not 742

                            14% short on the payoff, no way around that !
                            Comment
                            • Doug
                              SBR Hall of Famer
                              • 08-10-05
                              • 6324

                              #574
                              The cents issue has at least been resolved

                              WagerType: Date: Team: Risking / To Win Ticket#:
                              STRAIGHT BET Oct 17 MLB [907] SF GIANTS +153 [J SANCHEZ -L/R OSWALT -R] 20.00 USD / 31.00 USD 6569
                              Comment
                              • Sam Odom
                                SBR Aristocracy
                                • 10-30-05
                                • 58063

                                #575
                                Originally posted by Doug

                                The cents issue has at least been resolved

                                Good for Blackie! (i mean it)
                                Comment
                                • Sam Odom
                                  SBR Aristocracy
                                  • 10-30-05
                                  • 58063

                                  #576
                                  Originally posted by BLACKIE

                                  Sam but what have you ever accomplished with your life?

                                  very little

                                  the best I have are 3 kids & one grandkid whom in-spite of myself say they still love me
                                  Comment
                                  • pjesnik24
                                    Restricted User
                                    • 11-01-05
                                    • 1286

                                    #577
                                    after few years of stealing pennies it took just one weekend to fix that. I guess somebody did not want to change it... I wonder who...
                                    Comment
                                    • pavyracer
                                      SBR Aristocracy
                                      • 04-12-07
                                      • 82534

                                      #578
                                      Originally posted by Doug
                                      Still a big problem with moneyline parlays....

                                      WagerType:PARLAY (3 TEAMS)
                                      Date: Team:
                                      Oct 17 NFL [234] WAS REDSKINS +150
                                      Oct 17 NHL [1] PHO COYOTES +110
                                      Oct 17 NHL [2] ANA DUCKS u5½-120
                                      Risking 100 USD To Win 742 USD

                                      should be $862.50
                                      As an engineer I'm curious about this. Is it wrong because the software can't do a simple 5th grade multiplication?
                                      Comment
                                      • Sam Odom
                                        SBR Aristocracy
                                        • 10-30-05
                                        • 58063

                                        #579
                                        Doug , pavy,

                                        Blackie has said at least 2times he will not change his parlay odds. He is fuuking his bettors who dont know any better but for those who do know and continue to bet with Blackie... Hey it's their $$$ to squander
                                        Comment
                                        • pjesnik24
                                          Restricted User
                                          • 11-01-05
                                          • 1286

                                          #580
                                          Originally posted by pavyracer
                                          As an engineer I'm curious about this. Is it wrong because the software can't do a simple 5th grade multiplication?
                                          it is old school booking. like when you get drunk in a bar and, for example, you drink 10 beers which cost 5$ but the old school bartender charges you 85$. it is not cheating, it is old school and chump change
                                          Comment
                                          • potless
                                            SBR High Roller
                                            • 12-02-08
                                            • 145

                                            #581
                                            I hope the new exchange has the upgraded software with the 'true rounding value' function.
                                            can't wait

                                            Comment
                                            • yisman
                                              SBR Aristocracy
                                              • 09-01-08
                                              • 75682

                                              #582
                                              Thanks for getting this fixed, Blackie.

                                              The parlay thing I don't think is as big a deal, because you see up front what the payout is.
                                              [quote=jjgold;5683305]I win again like usual
                                              [/quote]

                                              [quote=Whippit;7921056]miami won't lose a single eastern conference game through end of season[/quote]
                                              Comment
                                              • BigDaddy
                                                SBR Hall of Famer
                                                • 02-01-06
                                                • 8378

                                                #583
                                                Just another reason why rebatewager is a top book in the offshore industry and highly rated by SBR

                                                Blackie takes care of things.

                                                Comment
                                                • pavyracer
                                                  SBR Aristocracy
                                                  • 04-12-07
                                                  • 82534

                                                  #584
                                                  Originally posted by pjesnik24
                                                  it is old school booking. like when you get drunk in a bar and, for example, you drink 10 beers which cost 5$ but the old school bartender charges you 85$. it is not cheating, it is old school and chump change
                                                  So basically there is a 15% hold on all winning parlays. You have to give 15% of the winnings back to the book. Basically every time you win a parlay you give a rebate back to the book.
                                                  Comment
                                                  • sideloaded
                                                    SBR Hall of Famer
                                                    • 08-21-10
                                                    • 7561

                                                    #585
                                                    Originally posted by pavyracer
                                                    So basically there is a 15% hold on all winning parlays. You have to give 15% of the winnings back to the book. Basically every time you win a parlay you give a rebate back to the book.
                                                    Yep that's why it called rebate wager. Give your winnings back to the book. After all they need it more then you.
                                                    Comment
                                                    • captrobey
                                                      BARRELED IN @ SBR!
                                                      • 09-02-10
                                                      • 34355

                                                      #586
                                                      Hey Blackie

                                                      I have deposited a ton of cash into Rebatewager. I do this because i honestly feel Rebatewager is my absolute favorite sports book.
                                                      Every single thing you guys have EVER told me you would do, you have stuck to your word. Not only have you paid me every single time the same day i have requested it, but you have given me freebees and whenever i ask once in awhile you have graciously given me a free play here and there.
                                                      I have never ever ever had a negative experience with you . When i won what should have been $3 or so with your contest you rounded it off to $10. Little things like that i always notice and appreciate.
                                                      Lucia has always been very nice to me, as well as David and all the others that are on live chat. I would like to personally thank you guys for actually doing something that i feel is above and beyond what any other sports book would have done.
                                                      Mid august i was not betting for a little while on RW . This was because my wife became very ill with a life threatening illness. I received an e-mail from you guys just wishing her the best. After i was depositing again when she was better everyone on live chat always asked about how she was doing . I do not think any other sports book would have cared at all let alone send an e-mail .
                                                      I am sorry some people on here are upset with this rounding down thing. But i have always been treated great on there. I feel more comfortable there then any other i have been on , and i have tried a ton through the years. Thank you Blackie and everyone else there at RW for always sticking to your word and going the extra mile.
                                                      Last edited by captrobey; 10-17-10, 11:17 PM.
                                                      Comment
                                                      • Seven4os
                                                        Restricted User
                                                        • 09-10-10
                                                        • 61

                                                        #587
                                                        Originally posted by Doug
                                                        Still a big problem with moneyline parlays....

                                                        WagerType:PARLAY (3 TEAMS)
                                                        Date: Team:
                                                        Oct 17 NFL [234] WAS REDSKINS +150
                                                        Oct 17 NHL [1] PHO COYOTES +110
                                                        Oct 17 NHL [2] ANA DUCKS u5½-120
                                                        Risking 100 USD To Win 742 USD

                                                        should be $862.50
                                                        Originally posted by BLACKIE
                                                        We fixed the issue with rounding. Our parlay calculators are not getting changed.
                                                        Originally posted by BLACKIE
                                                        We use the same values and parlay calculators we've been using for years. There is no rules for this. Your payout is clearly displayed when you make your wager and if you feel you can get a better price somewhere else then do it.
                                                        BigDaddy, captrobey and everyone else on this forum - Would you play moneyline parlays at Rebatewager when its now obvious that they are ripping the players off? I understand what Blackie is saying that there are no rules on parlay payouts, they can make there parlays pay out whatever they want it to, as long the square and dumb suckerr hits confirm its on him. But in my opinion, this is a dishonest tactic at ripping off the lesser informed gamblers who play there. The moneylines that are shown for the parlay are just for show then? Since the parlays are not calculated using normal math, how are Rebatewager's moneyline parlays calculated then?
                                                        Comment
                                                        • Seven4os
                                                          Restricted User
                                                          • 09-10-10
                                                          • 61

                                                          #588
                                                          Captrobey, Not taking anything away from the nice gesture, but I knew a local who was real nice to all his cash cows also. He said he had to keep good relationships with these type of player's even more, as these are the people who support his livlihood.
                                                          Comment
                                                          • Seven4os
                                                            Restricted User
                                                            • 09-10-10
                                                            • 61

                                                            #589
                                                            Captrobey, Not taking anything away from the nice gesture, but I knew a local who was real nice to all his cash cows also. He said he had to keep good relationships with these type of player's even more, as these are the people who support his livelihood.
                                                            Comment
                                                            • BLACKIE
                                                              SBR Sharp
                                                              • 09-25-09
                                                              • 430

                                                              #590
                                                              Once agin sevn40s another guy that has no money in my book or any other forming an opinion on members services you have never used. In this thread you have two RW/Blackdog members telling you the same thing. Magynuk who we consider to be a pro player and Catrobey who is recreational. We treat all our customers in the same and our members services are considered to be some of the best in the industry.It just funny how there aren't any actual RW members complaining about us in this thread or any other. It's just the same group of haters and wannabees that don't like to see others succeed. As far as the parlay odds, once again if you are a member you shouldn't have any problems with your parlay payout odds if you're not getting true odds simply contact chat and we'll fix your profile. For all our members that have supported us in this thread I thank for taking your time and posting in this thread.
                                                              Comment
                                                              • Seven4os
                                                                Restricted User
                                                                • 09-10-10
                                                                • 61

                                                                #591
                                                                How does one go from this--
                                                                Originally posted by BigDaddy
                                                                I wont kiss Blackies ASS.
                                                                to this--
                                                                Originally posted by BigDaddy
                                                                Just another reason why rebatewager is a top book in the offshore industry and highly rated by SBR

                                                                Blackie takes care of things.

                                                                OMG LOL
                                                                Comment
                                                                • pjesnik24
                                                                  Restricted User
                                                                  • 11-01-05
                                                                  • 1286

                                                                  #592
                                                                  Originally posted by BLACKIE
                                                                  Once agin sevn40s another guy that has no money in my book or any other forming an opinion on members services you have never used. In this thread you have two RW/Blackdog members telling you the same thing. Magynuk who we consider to be a pro player and Catrobey who is recreational. We treat all our customers in the same and our members services are considered to be some of the best in the industry.It just funny how there aren't any actual RW members complaining about us in this thread or any other. It's just the same group of haters and wannabees that don't like to see others succeed. As far as the parlay odds, once again if you are a member you shouldn't have any problems with your parlay payout odds if you're not getting true odds simply contact chat and we'll fix your profile. For all our members that have supported us in this thread I thank for taking your time and posting in this thread.
                                                                  what blackie is actually saying is this:
                                                                  if you are a member and have problems with parley odds and READ THIS THREAD we will fix it. however, if you are a member and do NOT read this thread they we will continue to milk you because you deserve it you stupid moron, we gave you the odds and you confirmed it you dumb-ass!!
                                                                  Comment
                                                                  • 22dsnyd22
                                                                    SBR Sharp
                                                                    • 10-26-09
                                                                    • 386

                                                                    #593
                                                                    Originally posted by pjesnik24
                                                                    what blackie is actually saying is this: if you are a member and have problems with parley odds and READ THIS THREAD we will fix it. however, if you are a member and do NOT read this thread they we will continue to milk you because you deserve it you stupid moron, we gave you the odds and you confirmed it you dumb-ass!!
                                                                    Haha this is true. WHy cant the odds be right from the beginning. First you have to realize there is a problem and that you are getting fucced on the odds. THen you have to email Lucia, then your account will be tweaked to reflect the true odds. Seems more difficult than it needs to be. Oh well. At least he fixed the Rounding issue. That was a quick and shows he cares about feedback of others. Although JJ Golds dumazz said it would require a "major overhaul" to fix such an issue.
                                                                    Comment
                                                                    • sharpcat
                                                                      Restricted User
                                                                      • 12-19-09
                                                                      • 4516

                                                                      #594
                                                                      Originally posted by BigDaddy
                                                                      Just another reason why rebatewager is a top book in the offshore industry and highly rated by SBR

                                                                      Blackie takes care of things.

                                                                      ^^Bonus whoring at its finest here^^

                                                                      How much of a freeplay were you given BigDaddy?
                                                                      Comment
                                                                      • pavyracer
                                                                        SBR Aristocracy
                                                                        • 04-12-07
                                                                        • 82534

                                                                        #595
                                                                        Originally posted by BLACKIE
                                                                        Once agin sevn40s another guy that has no money in my book or any other forming an opinion on members services you have never used. In this thread you have two RW/Blackdog members telling you the same thing. Magynuk who we consider to be a pro player and Catrobey who is recreational. We treat all our customers in the same and our members services are considered to be some of the best in the industry.It just funny how there aren't any actual RW members complaining about us in this thread or any other. It's just the same group of haters and wannabees that don't like to see others succeed. As far as the parlay odds, once again if you are a member you shouldn't have any problems with your parlay payout odds if you're not getting true odds simply contact chat and we'll fix your profile. For all our members that have supported us in this thread I thank for taking your time and posting in this thread.
                                                                        Blackie consider the posts you make in this thread as personal interviews to potential customers like myself. Many posters are asking legitimate questions before trusting their hard earned money with your top class service book.

                                                                        Will you care to explain to a potential customer like myself why are the parlay payouts 15% lower than the advertised odds?
                                                                        Comment
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