What are my chances of getting paid by Sexy Wagers?

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

    #36
    Originally posted by ganchrow
    Without speaking to Sexy Wager's prospects for long term survival within the industry, I can say that I don't think thier bonus structure overly onerous. It's certainly nonstandard but it still has value and is in many ways superior to a bonus structure that counted wagered winnings towards the rollover but did not permit early withdrawals.
    Only if they are paying all the fees for withdrawals. It's easy enough to roll quick with baseball dimelines ( betting both ends) if necessary, while losing little or breaking even.
    Comment
    • Terris
      SBR Sharp
      • 08-23-05
      • 299

      #37
      of course it does, scalpers dont care about "losing" - actually they love it :-P

      Doesnt change the fact thou that this so called sexy manager seems to have no clue ^^
      Comment
      • Doug
        SBR Hall of Famer
        • 08-10-05
        • 6324

        #38
        They have a 20-cent line ( -125, +105) to boot ! No value whatsoever.
        Comment
        • BAUS
          SBR MVP
          • 08-10-05
          • 2191

          #39
          Regardless if this bonus has value or not, Sexywagers still has a responsibility to make their players aware of their bonus terms.

          Especially when the rollover is calculated in such an oddball manner.

          SexyManager, perhaps you may want to consider revising this policy. It seems that you are simply encouraging people to withdraw their winnings earlier than they might want to.

          BAUS
          Comment
          • Mudcat
            Restricted User
            • 07-21-05
            • 9287

            #40
            I guess I'd have to know more about withdrawal fees to fully evaluate that.

            But I can't see how that's a good policy for player or book.

            A recreational gambler doesn't want to be farting around with plotting strategic withdrawals after every win (or else not earn his deposit bonus). He just wants to make a deposit and place bets indefinitely.

            And I would think that's what a book would want to.

            I'm not saying the bonus has no value; I'm just saying it is one of the worst systems I have ever heard of.
            Comment
            • ganchrow
              SBR Hall of Famer
              • 08-28-05
              • 5011

              #41
              Originally posted by Mudcat
              I guess I'd have to know more about withdrawal fees to fully evaluate that.

              But I can't see how that's a good policy for player or book.

              A recreational gambler doesn't want to be farting around with plotting strategic withdrawals after every win (or else not earn his deposit bonus). He just wants to make a deposit and place bets indefinitely.
              You might be thinking too much in terms of of bonus scalping here. The recreational player isn't particularly concerned about making it through a rollover, buit rather about making his deposit last as long as possible. Whether or not he can readily withdraw the bonus amount is somewhat irrelevant.

              This structure provides all the value of a sticky bonus and a little more -- namely there is some pribability that the player will eventually be able to withdraw his bonus. If a player's OK with a sticky bonus, there's no reason he shouldn't be OK with this as well.
              Comment
              • Tita
                SBR Rookie
                • 08-30-05
                • 9

                #42
                Originally posted by SexyManager
                That's right, we allow players to withdrawl the winnings. Then they are back to rolling the original deposit. Then, as soon as the bonus requierment is made, the money is yours.

                paul
                1.) It's "WITHDRAW". Not withdrawl the winnings. You have made that mistake more than once. (Sorry to butt in here but it's driving me crazy.)

                2.) For everyone that has said that your rollover policy is "different" then the industry standard, they are correct. I suggest you do a little research to see what is the norm before making some crazy policy. Especially being a new book. As far as I know, most books do not like customers to be constantly withdrawing funds because the transaction fees incurred by books adds up quickly. To me it seems like that is what you are encouraging your players to do.
                Comment
                • ganchrow
                  SBR Hall of Famer
                  • 08-28-05
                  • 5011

                  #43
                  Originally posted by BAUS
                  Regardless if this bonus has value or not, Sexywagers still has a responsibility to make their players aware of their bonus terms.
                  Indeed that goes without saying.
                  Comment
                  • Mudcat
                    Restricted User
                    • 07-21-05
                    • 9287

                    #44
                    Originally posted by ganchrow
                    You might be thinking too much in terms of of bonus scalping here. The recreational player isn't particularly concerned about making it through a rollover, buit rather about making his deposit last as long as possible. Whether or not he can readily withdraw the bonus amount is somewhat irrelevant.

                    This structure provides all the value of a sticky bonus and a little more -- namely there is some pribability that the player will eventually be able to withdraw his bonus. If a player's OK with a sticky bonus, there's no reason he shouldn't be OK with this as well.
                    Actually I'm not thinking in terms of bonus scalping at all. Plotting strategic withdrawals is business-as-usual for scalpers. While this system is certainly over-engineered for those people - it forces banking moves where other systems allow you to be more relaxed - it's no big deal. I could handle it. (Although, again, I'd need to look at a rundown of transfer fees to fully evaluate it.)

                    But I'm forcing myself to think like a player the books want. That's a guy who wants to fund an account in August and bet until the Super Bowl. He just wants to place a bunch of bets and hopefully have more money after the Super Bowl than when he started.

                    He doesn't want to be told by the book after the Super Bowl that he has only completed 1.5X rollover and therefore has to do a series of strategic withdrawals, bets and more withdrawals until he meets the requirements.
                    Comment
                    • ganchrow
                      SBR Hall of Famer
                      • 08-28-05
                      • 5011

                      #45
                      Originally posted by Mudcat
                      Actually I'm not thinking in terms of bonus scalping at all. Plotting strategic withdrawals is business-as-usual for scalpers. While this system is certainly over-engineered for those people - it forces banking moves where other systems allow you to be more relaxed - it's no big deal. I could handle it. (Although, again, I'd need to look at a rundown of transfer fees to fully evaluate it.)

                      But I'm forcing myself to think like a player the books want. That's a guy who wants to fund an account in August and bet until the Super Bowl. He just wants to place a bunch of bets and hopefully have more money after the Super Bowl than when he started.

                      He doesn't want to be told by the book after the Super Bowl that he has only completed 1.5X rollover and therefore has to do a series of strategic withdrawals, bets and more withdrawals until he meets the requirements.
                      The point is that this only holds for a player dead set on withdrawing every penny in his account. One might think that a recreational player would have no problem leaving a dollar value equal to the size of his initial bonus always available for play.

                      I'm not saying that this structure isn't odd and different (clearly it is), nor am I saying that it doesn't have its disadvantages -- I'm just saying that this bonus structure is strictly preferable to a sticky bonus when looked at from a player value standpoint.
                      Comment
                      • LVHerbie
                        SBR Hall of Famer
                        • 09-15-05
                        • 6344

                        #46
                        Originally posted by ganchrow
                        Without speaking to Sexy Wager's prospects for long term survival within the industry, I can say that I don't think thier bonus structure overly onerous. It's certainly nonstandard but it still has value and is in many ways superior to a bonus structure that counted wagered winnings towards the rollover but did not permit early withdrawals.
                        If there is no withdraw fees it would diffently be benefical to a scalper with a limited bankroll... Deposit, bet all, if win withdraw winnings, repeat... They give you the money to rescalp without having to tie up a large chunk of your funds (if your winning multiple bets on the wrong side) at a new (ie risky) site....
                        Comment
                        • Doug
                          SBR Hall of Famer
                          • 08-10-05
                          • 6324

                          #47
                          Originally posted by LVHerbie
                          If there is no withdraw fees it would diffently be benefical to a scalper with a limited bankroll... Deposit, bet all, if win withdraw winnings, repeat... They give you the money to rescalp without having to tie up a large chunk of your funds (if your winning multiple bets on the wrong side) at a new (ie risky) site....
                          There's not even anything to try and scalp with 20 cent baseball lines.
                          Comment
                          • Mudcat
                            Restricted User
                            • 07-21-05
                            • 9287

                            #48
                            Originally posted by LVHerbie
                            If there is no withdraw fees it would diffently be benefical to a scalper with a limited bankroll... Deposit, bet all, if win withdraw winnings, repeat... They give you the money to rescalp without having to tie up a large chunk of your funds (if your winning multiple bets on the wrong side) at a new (ie risky) site....

                            But even that's probably not really beneficial. Scalpers don't want to withdraw if they don't have to. At most books, as soon as you make a withdrawal, that messes up the whole reload situation - and the reloads are all-important.

                            But here, if you win your first bet you'd almost be stupid not to withdraw - whereas most scalpers would prefer to make a few more plays and see if they can lose their balance without screwing up the reload situation.

                            I dunno. To be honest, I'm not sure what the SexyConditions are for reloads. Maybe you can get reloads regardless of payouts taken. Even then I say it's a bad system. It just forces too much banking. Banking costs money - either for the player, which is bad - or for the book, which increases expenses and can result in non-friendly stuff like 20 cent lines for MLB sides.

                            It's just bad. I have never heard of anyone else doing it and I will be amazed if I ever hear of it again. They just need to go back to the Sexy Drawing Board.

                            It's a cash bonus which is good. Love cash bonuses. Cash bonuses have plenty of value. But the Sexy Rollover is convoluted and over-engineered.
                            Comment
                            • rolemand
                              SBR MVP
                              • 03-24-06
                              • 1033

                              #49
                              Sportsbook Bonus Rules:
                              If you wish to use your bonus to place bets in the sportsbook and you deposit with Online Check, both the deposit and bonus must be rolled over three (4) times in the sportsbook before any withdrawal requests can be made. If you deposit with any other deposit method, both the deposit and bonus must be rolled over five (5) times in the sportsbook before any withdrawal requests can be made.

                              Rolled Over means that your total online sports betting action must meet the amount deposited, including the bonus.

                              If a withdrawal is made before the bonus terms are met, all bonus funds AS WELL as any money earned by wagering the bonus will be forfeited.


                              This is a copy and paste directly from Sexywagers.com rules.
                              These specific rules are more or less in line with most books and do not agree at all with what has been mentioned above.

                              These rules would indicate that bonuses would forfeited if a withdrawl (I had to do it) was requested.
                              Comment
                              • isetcap
                                SBR MVP
                                • 12-16-05
                                • 4006

                                #50
                                Originally posted by Tita
                                1.) It's "WITHDRAW". Not withdrawl the winnings. You have made that mistake more than once. (Sorry to butt in here but it's driving me crazy.)
                                Thanks, Tita. It does drive one crazy. I wonder if that isn't the desired effect in this case. I fear this place may not be around long enough to learn much about the "withdrawal" process.

                                withdraw: To remove (money) from an account.
                                withdrawal: A removal from a place or position of something that has been deposited.

                                withdrawl: No entry found for withdrawl.
                                Comment
                                • Doug
                                  SBR Hall of Famer
                                  • 08-10-05
                                  • 6324

                                  #51
                                  some places use withdrawal as a verb, also.
                                  Comment
                                  • Doug
                                    SBR Hall of Famer
                                    • 08-10-05
                                    • 6324

                                    #52
                                    Originally posted by SBR_John
                                    Its the same opinion I have on every new book. With the industry 1st year failure rate historically at 75%, that would mean I will bat .750. Maybe they will make it, I guess the good news is they have a 1 in 4 chance of being around this time next year.
                                    You'll probably bat closer to .900 from now on !
                                    Comment
                                    • isetcap
                                      SBR MVP
                                      • 12-16-05
                                      • 4006

                                      #53
                                      withdrawal: Coitus interruptus.
                                      Comment
                                      • ganchrow
                                        SBR Hall of Famer
                                        • 08-28-05
                                        • 5011

                                        #54
                                        Perhaps a 'withdrawl' is a southerner?
                                        Comment
                                        • Mudcat
                                          Restricted User
                                          • 07-21-05
                                          • 9287

                                          #55
                                          Originally posted by rolemand
                                          Sportsbook Bonus Rules:
                                          If you wish to use your bonus to place bets in the sportsbook and you deposit with Online Check, both the deposit and bonus must be rolled over three (4) times in the sportsbook before any withdrawal requests can be made. If you deposit with any other deposit method, both the deposit and bonus must be rolled over five (5) times in the sportsbook before any withdrawal requests can be made.

                                          Rolled Over means that your total online sports betting action must meet the amount deposited, including the bonus.

                                          If a withdrawal is made before the bonus terms are met, all bonus funds AS WELL as any money earned by wagering the bonus will be forfeited.


                                          This is a copy and paste directly from Sexywagers.com rules.
                                          These specific rules are more or less in line with most books and do not agree at all with what has been mentioned above.

                                          These rules would indicate that bonuses would forfeited if a withdrawl (I had to do it) was requested.

                                          Huh? This is one confusing situation - but sexy!
                                          Comment
                                          • marc
                                            SBR MVP
                                            • 07-15-05
                                            • 1166

                                            #56
                                            FWIW, i just got another withdrawal of about $1400 pretty quick. I don't know what would happen if scores of forum players suddenly signed up. But as long as just a few of us play there, I think we should be fine.
                                            Comment
                                            • Doug
                                              SBR Hall of Famer
                                              • 08-10-05
                                              • 6324

                                              #57
                                              Originally posted by marc
                                              FWIW, i just got another withdrawal of about $1400 pretty quick. I don't know what would happen if scores of forum players suddenly signed up. But as long as just a few of us play there, I think we should be fine.
                                              Don't worry scores of forum players won't be going to a new book with a 20% bonus and 20-cent baseball lines. The book does need volume some way. It's hard to play at a place when you have no clue as to their resources, or even if they know much about being a bookie.
                                              Comment
                                              • SBR_John
                                                SBR Posting Legend
                                                • 07-12-05
                                                • 16471

                                                #58
                                                I'm a little nervous when I saw them sponsoring the poker tournament. It reminds me of when RichCoast was sponsoring the TOW party without a pot to piss in.

                                                I guess I should worry about making it to the final table first
                                                Comment
                                                • Bill Dozer
                                                  www.twitter.com/BillDozer
                                                  • 07-12-05
                                                  • 10894

                                                  #59
                                                  It sounds like Tita has it. The policy, assuming they are letting players withdraw winnings, promotes taking payouts.

                                                  Players will try to avoid a scenario where they only get to keep their bonus by betting their balance down to the amount deposited. No one plans on losing. Based on the player's assumption that he will win, the only way to roll the bonus is to cashout winnings.
                                                  Comment
                                                  • isetcap
                                                    SBR MVP
                                                    • 12-16-05
                                                    • 4006

                                                    #60
                                                    Idiotic bonus policy.
                                                    Comment
                                                    • Lesson
                                                      SBR Rookie
                                                      • 06-15-06
                                                      • 2

                                                      #61
                                                      Scam book imo. I called them twice to see who they were affiliated with. Both times they told my DSI. I called DSI and they said this wasn't true.

                                                      Sexywagers-

                                                      1. Who are you affiliated with?
                                                      2. How long have you been in the business?
                                                      3. Have the owners run any other sports book operations?
                                                      Comment
                                                      • Santo
                                                        SBR MVP
                                                        • 09-08-05
                                                        • 2957

                                                        #62
                                                        Sure they didn't say ESI? Which is who they are affiliated to..
                                                        Comment
                                                        • Lesson
                                                          SBR Rookie
                                                          • 06-15-06
                                                          • 2

                                                          #63
                                                          You must be right. I'm not familiar with ESI, who is that?
                                                          Comment
                                                          • Santo
                                                            SBR MVP
                                                            • 09-08-05
                                                            • 2957

                                                            #64
                                                            EliteSportsbookInternational (betESI)



                                                            It's a per-head/credit service from what I understand, not a post-up book.
                                                            Comment
                                                            • SexyManager
                                                              SBR Rookie
                                                              • 06-06-06
                                                              • 19

                                                              #65
                                                              We have revamped our sign up bonus. It should be clear now. 4X roll over. If you risk your winnings it counts as your roll over.
                                                              It is changed in our terms and conditions also. Any questions about it call Eve at our CS number.
                                                              Also Went to 10 cent MLB lines on the advice of SBR posters. I hope this clears a lot up for everyone.

                                                              Thanks for your help. With your continued comments we will make this shop as good as it can be.

                                                              Paul
                                                              Comment
                                                              • onlooker
                                                                BARRELED IN @ SBR!
                                                                • 08-10-05
                                                                • 36572

                                                                #66
                                                                Originally posted by SexyManager
                                                                Also Went to 10 cent MLB lines on the advice of SBR posters.
                                                                Very good.

                                                                Nothing turns me away from a book at first glance then bad lines. Anything higher then 10 cents on bases is a rip off.
                                                                Comment
                                                                • Terris
                                                                  SBR Sharp
                                                                  • 08-23-05
                                                                  • 299

                                                                  #67
                                                                  Thats what iam thinking too looker, i would give small bonuses only when starting a new book. Why attract all the bonus whores, who leave my shop anyway after the roll is done?
                                                                  I´d try to get customers the pinny way, offering something like 14c totals/runlines, and keep my expenses low no phone crap etc.
                                                                  Comment
                                                                  • Mudcat
                                                                    Restricted User
                                                                    • 07-21-05
                                                                    • 9287

                                                                    #68
                                                                    Originally posted by SexyManager
                                                                    We have revamped our sign up bonus. It should be clear now. 4X roll over. If you risk your winnings it counts as your roll over.
                                                                    It is changed in our terms and conditions also. Any questions about it call Eve at our CS number.
                                                                    Also Went to 10 cent MLB lines on the advice of SBR posters. I hope this clears a lot up for everyone.

                                                                    Thanks for your help. With your continued comments we will make this shop as good as it can be.

                                                                    Paul

                                                                    Thanks for the clarification.
                                                                    Comment
                                                                    • Brick Tamland
                                                                      SBR MVP
                                                                      • 08-12-05
                                                                      • 1336

                                                                      #69
                                                                      Originally posted by SexyManager
                                                                      We have revamped our sign up bonus. It should be clear now. 4X roll over. If you risk your winnings it counts as your roll over.
                                                                      It is changed in our terms and conditions also. Any questions about it call Eve at our CS number.
                                                                      Also Went to 10 cent MLB lines on the advice of SBR posters. I hope this clears a lot up for everyone.

                                                                      Thanks for your help. With your continued comments we will make this shop as good as it can be.

                                                                      Paul
                                                                      we are also advising you to go to 40% bonus. pleas tell us when it is done. Also...when you address us you should use this icon before speaking. You are dismissed.
                                                                      Comment
                                                                      • Brick Tamland
                                                                        SBR MVP
                                                                        • 08-12-05
                                                                        • 1336

                                                                        #70
                                                                        actually come back over here so i can smack that sexy ass
                                                                        Comment
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