Are Sportsbook Bonuses REALLY worth taking?

MJT1212 · 02-02-12, 10:53 PM

BTW...only reason I would do a shit site like betislands is to become pro since its the only book in the program that i'm not already signed up too...

wtt0315 · 02-02-12, 11:01 PM

its not on the freeplay its on teh winnings there so if you deposit 200 and you win 700 on your freeplay then you will rollover 900 not 400. if you lose your freeplay you will also still have to rolloer 400.. take their cash bonuses if you take bonus. its much better

wtt0315 · 02-02-12, 11:07 PM

also other bad thing is casino and racebook counts nothing toward rollover

MJT1212 · 02-02-12, 11:07 PM

Originally posted by wtt0315

its not on the freeplay its on teh winnings there so if you deposit 200 and you win 700 on your freeplay then you will rollover 900 not 400. if you lose your freeplay you will also still have to rolloer 400.. take their cash bonuses if you take bonus. its much better

I'm probably just going to take no bonus. BTW I didn't see any cash bonuses by thereselves, there was one 10% cash + 15%FP in a combined bonus...

wtt0315 · 02-02-12, 11:11 PM

when you deposit ask them to give you all the bonuses they have, i know they have 10 percent cash, 3 roll, 20 perce 6 roll and 30 percent cash 9 rollover..
i usually just take 10 or 20 percent because thats about as many times i play before being ready to cash out. I also like its a cash bonus and not a freeplay

MJT1212 · 02-02-12, 11:21 PM

Originally posted by wtt0315

when you deposit ask them to give you all the bonuses they have, i know they have 10 percent cash, 3 roll, 20 perce 6 roll and 30 percent cash 9 rollover..
i usually just take 10 or 20 percent because thats about as many times i play before being ready to cash out. I also like its a cash bonus and not a freeplay

Thanks, I believe that 10% cash 3 roll is something i could handle.

Also, does BetIslands not have NCAAB??? That's going to really suck since that's all I bet...and since I have to do BI because of SBRPro

wtt0315 · 02-02-12, 11:24 PM

yeah they have all the games. they dont post a lot of moneylines over and minus 10 point spreads and the ml's go up 2 hours before games, but they have sides on all the games.

hobpro · 02-03-12, 11:24 AM

taking the bonus is rediculous unless you can get 1 time roll over. I negotiated 1 time 15% rollover with 2 books. They want you to keep ur money in ur account for a reason-to lose

rfr3sh · 02-03-12, 11:26 AM

that bonus sucks...i dont mind a 3-4 x rollover for some extra cash cuz your gonna bet that much anyways

MBENZ · 02-03-12, 11:50 AM

15% cash with a 3x roll is the way to go.You have to ask for it since it's not listed.Fukk FP crap,too many what ifs involved.

mathdotcom · 02-03-12, 12:59 PM

Originally posted by MJT1212

I was just looking at Bet Islands requirements to withdraw if I were to take a 100% bonus, and they are as follows...

Deposit 200 and receive 200 Freeplay...

Rollover 12x

Have to bet before withdraw: Deposit (200)+Freeplay (200)= 400 x 12 = $4800!!!

PS: The most I bet per game is about 25 so 4800...I'd never make it out alive...

Even with the 35% bonus...

Deposit 200 and receive 70 Freeplay...

Rollover 5x

Have to bet before withdraw: Deposit (200)+Freeplay(70)=270x5= $1350

So back to the question...Are bonuses really worth it? I know if you plan on playing through a whole season or something it may seem like the rollover is no problem, then in which it may not be, but the NCAAB season is winding down and NFL is practically over. I don't bet MLB so I think I'm just going to sign up and take no bonus. Please assure me that this isn't crazy...

You are a moron for at least two reasons:

Reason #1:

- You think if you risk a total of $4800 you have no chance of withdrawing anything, but think that if you deposit and make 5-6 plays you have an expectation of making a profit.

Reason #2:

- Look at BetIslands' lines right now. You can get Nets +5.5 -110 and Suns +7.5 -110. The other side of those bets at pinnacle are both +110. You can meet rollover for free, and if you watch lines closer to game time you can even make a profit. If you take -105 juice and no bonus then both of those bets guarantee you a profit.

Reason #3:

- Who bets only $25?? Does that really turn your crank?? Take a shot for once pal

mathy

dark star · 02-03-12, 01:17 PM

Betislands is one of the few places where a 12x roll is no problem.I did mine in 10 weeks in NFL($1500 deposit and 12 other outs)

RealSlimShady · 02-03-12, 01:19 PM

Originally posted by dark star

Betislands is one of the few places where a 12x roll is no problem.I did mine in 10 weeks in NFL($1500 deposit and 12 other outs)

I have a 14x roll at Betislands on an $800 deposit. Hoping to clear it within 2 weeks

5mike5 · 02-03-12, 02:59 PM

personally never take anything with rollovers...dont like my money being held hostage for chump change

its just personal prefrences, some love them some dont...whatever works for u

darkhat · 02-03-12, 03:14 PM

I hate anything that puts any restriction on withdrawing money.

Hareeba! · 02-03-12, 03:19 PM

If you know how to use them properly, most freeplay bonuses are worthwhile.

milwaukee mike · 02-03-12, 03:19 PM

Originally posted by 5mike5

personally never take anything with rollovers...dont like my money being held hostage for chump change

its just personal prefrences, some love them some dont...whatever works for u

to a guy betting $25/game a $200 free play isn't "chump change"

have to agree with mathy here, especially if you're paying withdrawal fees there's almost no way to make money on a $200 deposit betting $25/game UNLESS you take a huge bonus

convick · 02-03-12, 03:23 PM

I would rather have reduced juice, but that is just me.

5mike5 · 02-03-12, 03:23 PM

Originally posted by darkhat

I hate anything that puts any restriction on withdrawing money.

exactly...but like i said it works for some people, just not what i like to do

wtt0315 · 02-03-12, 03:31 PM

Originally posted by milwaukee mike

to a guy betting $25/game a $200 free play isn't "chump change"

have to agree with mathy here, especially if you're paying withdrawal fees there's almost no way to make money on a $200 deposit betting $25/game UNLESS you take a huge bonus

just depends on what the your defination of making money is. They offer you one free payout and they will pay your fees on a deposit so for him 200 deposit and cashing out at 500 is a good thing. That might be the same as mathy or you or someone else cashing out at 3000 or so. I am perfectly content betting 20-30 bucks a game and cashing out with 200 or 300 dollar profit. But of course I am also the guy who goes to the poker room with 100 bucks gets up to 180 and happy with leaving on a 80 dollar day

mathdotcom · 02-03-12, 03:39 PM

Originally posted by wtt0315

just depends on what the your defination of making money is.

My definition of making money is... making money

milwaukee mike · 02-03-12, 03:40 PM

Originally posted by wtt0315

just depends on what the your defination of making money is. They offer you one free payout and they will pay your fees on a deposit so for him 200 deposit and cashing out at 500 is a good thing. That might be the same as mathy or you or someone else cashing out at 3000 or so. I am perfectly content betting 20-30 bucks a game and cashing out with 200 or 300 dollar profit. But of course I am also the guy who goes to the poker room with 100 bucks gets up to 180 and happy with leaving on a 80 dollar day

on a $200 deposit what are the odds of cashing out $500 on $25 bets?
with -110 juice (4.5% house edge) being up 12 bets + juice - you would have to go something like 19-6.

in case you didn't know, the odds of winning 19 or more even bets out of 25 is less than 1%.
even if you think you're a great capper and have a 55% chance of winning each bet, the odds of you cashing out $500 after 25 bets is 2.5%.

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http://stattrek.com/tables/binomial.aspx

yisman · 02-03-12, 03:45 PM

Some bonuses are worth it, some aren't.

If a book you use is offering a 50% or more cash bonus, you're better off taking it, even with the high rollover requirements that come attached to it. I just got 100% at Heritage with 8x rollover. It'll take time to clear it, but it's worth it.

On the other hand, if the book is offering like 20% freeplay (or the DSI ones where they claim they're giving you 220% or 300% but it's in casino chips that you can only use to win with and poker stuff), then you're probably better off passing on it and avoiding the rollover.

LVHerbie · 02-03-12, 03:46 PM

Originally posted by milwaukee mike

to a guy betting $25/game a $200 free play isn't "chump change"

have to agree with mathy here, especially if you're paying withdrawal fees there's almost no way to make money on a $200 deposit betting $25/game UNLESS you take a huge bonus

I would disagree that you can't make money with a small deposit and making small bets but since it is going to require you to make a bunch of bets to overcome things such as fees you still better off taking the bonus...

Regardless if you are a winning or losing bettor the only time you shouldn't take a bonus is if you have to give up something like reduced juice, have a legitimate reason to hit and run (as Matty pointed out believing this somehow provides you an edge is silly), or don't like money...

Legions36 · 02-03-12, 04:31 PM

First off OP Betislands is far from being a sh-it book like u stated. Yes its always worth it to take any kind of bonus. U shouldn't be betting money u cant afford to lose or have sitting in a book. I finish bonuses like this in like a week. To be honest i hate even betting anymore without taking bonuses at books.

pokernut9999 · 02-03-12, 04:36 PM

Took me 4 days to complete a 11 x rollover.

MJT1212 · 02-03-12, 04:43 PM

Originally posted by mathdotcom

You are a moron for at least two reasons:

Reason #1:

- You think if you risk a total of $4800 you have no chance of withdrawing anything, but think that if you deposit and make 5-6 plays you have an expectation of making a profit.

Reason #2:

- Look at BetIslands' lines right now. You can get Nets +5.5 -110 and Suns +7.5 -110. The other side of those bets at pinnacle are both +110. You can meet rollover for free, and if you watch lines closer to game time you can even make a profit. If you take -105 juice and no bonus then both of those bets guarantee you a profit.

Reason #3:

- Who bets only $25?? Does that really turn your crank?? Take a shot for once pal

mathy

1. I didn't say I had no chance with 4800 rollover. I said ID never make it out alive because I always lose in the long run, just like most everyone else with online gambling who are recreational players. Secondly I said the MOST I bet is 25, therefore 200 could be stretched out with more than bets than "5-6" bets as you suggested, to provide a better chance of coming out on top. I'm aware only depositing enough for 5-6 bets and expecting to win would be ridiculous, thats common sense.

2. Never thought of that. That's why I asked, to find out what to do...TAKE IT OR NOT

3. If you had as much money as I did it would "turn your crank"...I'll just leave it at that.

Hareeba! · 02-03-12, 04:54 PM

Originally posted by milwaukee mike

on a $200 deposit what are the odds of cashing out $500 on $25 bets?
with -110 juice (4.5% house edge) being up 12 bets + juice - you would have to go something like 19-6.

in case you didn't know, the odds of winning 19 or more even bets out of 25 is less than 1%.
even if you think you're a great capper and have a 55% chance of winning each bet, the odds of you cashing out $500 after 25 bets is 2.5%.

http://stattrek.com/tables/binomial.aspx

this is why it's important to use free-plays properly .. turn them into cash at another book, bust out and not be bound to bet at the one book, often at high juice which simply negates the value of the bonus

tgoodm1 · 02-03-12, 10:45 PM

These books need to all get on the same page with these bonus rules.

With some books, the rollover only pertains to the amount deposited.

That's what I usually expect.

But to require that you roll over both the deposit and free-play amount is ridiculous.

This is a horrible deal. Most would never accomplish this rollover requirement with just the deposited funds,

no matter how good they are.

Hareeba! · 02-03-12, 10:49 PM

Originally posted by tgoodm1

These books need to all get on the same page with these bonus rules.

With some books, the rollover only pertains to the amount deposited.

That's what I usually expect.

But to require that you roll over both the deposit and free-play amount is ridiculous.

This is a horrible deal. Most would never accomplish this rollover requirement with just the deposited funds,

no matter how good they are.

strange

in my experience the free-play and what you win on it are generally added to your deposit and multiplied by the rollover factor

RealSlimShady · 02-04-12, 12:01 AM

Betislands rollover requirements are a lot higher than most. Found out today I had to place over $20K in action for an $800 deposit with 100% freeplay. Will have to try to make them pay for it

milwaukee mike · 02-04-12, 08:25 AM

Originally posted by RealSlimShady

Betislands rollover requirements are a lot higher than most. Found out today I had to place over $20K in action for an $800 deposit with 100% freeplay. Will have to try to make them pay for it

i would always suggest making a huge bet after a deposit. if it loses, then you don't have to meet the rollover and can always make another deposit and get another bonus.

Sam Odom · 02-04-12, 08:31 AM

We, the old timers, used to try and school y'all kids on this kind of stuff - aint worth it in the long run

Too much has been said already

I'm still pissed at Fishhead for running his mouth and fuking up a decent edge we once had

RealSlimShady · 02-04-12, 09:09 AM

Originally posted by milwaukee mike

i would always suggest making a huge bet after a deposit. if it loses, then you don't have to meet the rollover and can always make another deposit and get another bonus.

I did. It won and now I have to rollover the money.