RebateWager is the best. Got a rebate on a rebate.

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  • BurtRapp
    SBR MVP
    • 01-10-08
    • 2410

    #1
    RebateWager is the best. Got a rebate on a rebate.
    I lost 500.00 at RebateWager. I called and got my 25% cash rebate which was 125.00 within 5 minutes into my account.
    I lost the 125.00 earlier and called and got a rebate on the rebate. 25% on the 125.00 which is 30.00.
    This is a MUST HAVE SHOP. I have never seen another book offer something like this.
  • jjgold
    SBR Aristocracy
    • 07-20-05
    • 388208

    #2
    Yeh they have the best rebates on loses in the business and a safe book
    Comment
    • fiveteamer
      SBR Posting Legend
      • 04-14-08
      • 10805

      #3
      what if you don't want to lose?
      Comment
      • pat venditto
        SBR Posting Legend
        • 05-07-07
        • 14347

        #4
        so basically you're a happy loser?
        Comment
        • SSLP
          SBR Hall of Famer
          • 02-29-08
          • 5232

          #5
          In my 10 years + working in the offshore industry i have never seen this concept before let alone from such a solid shop like rebatewager / blackdog.

          People question what if you win ? well u get paid quickly.

          Not everyone wins all the time and its nice to know when u lose you get a nice chunk of it back.

          Great shop
          Comment
          • fiveteamer
            SBR Posting Legend
            • 04-14-08
            • 10805

            #6
            SSLP, Bowmans used to give a rebate on losses.
            Comment
            • Nicky Santoro
              SBR Posting Legend
              • 04-08-08
              • 16103

              #7
              wait, let me get this straight here.. Something is not adding up here..if i lose 1k tonight, they give me back 250 bucks, right? Now i bet tomorrow, and i win 1k, i owe them nothing.. then i lose 1k the next day, i get 250? then i win 1k the following day, i give back nothing.. so now, i am even in bets, but up 500 in rebates. This CANNOT be right.. no fukkin way, or this book will stiff everyone at the end, mark my words.

              but somehow, i dont think this can be the rule.. do they give you back a rebate everyday, week, or is it in net losses... for example, if i win 1k tonight, i have to lose back the 1k first, then i get rebate after i am down money to them.. how does it work.. cause if they just give you back rebates on any losses, i will get ready to put a down payment on a mansion in Brazil by the water..
              Comment
              • BurtRapp
                SBR MVP
                • 01-10-08
                • 2410

                #8
                Rebate is based on NEW Money to the account. You can only get it once your account is zeroed out.
                Deposit 1K and get 250.00 back. Your next rebate will only be based on that 250.00 now and only when you crap out.
                Comment
                • BIGBLACKDOG
                  SBR Sharp
                  • 08-17-07
                  • 389

                  #9
                  rebates are based on net losses. so if you loose 1,000 you get a rebate of 250. if you then win 1,000 you start with a red figure of 1,000. you need to lose 1,000 again before you get an additional rebate.


                  rebates are credited instantly and red figures are tracked. same concept as a traditional book. we just give the agents cut back to the player.
                  Comment
                  • BigDaddy
                    SBR Hall of Famer
                    • 02-01-06
                    • 8378

                    #10
                    Originally posted by BurtRapp
                    Rebate is based on NEW Money to the account. You can only get it once your account is zeroed out.
                    Deposit 1K and get 250.00 back. Your next rebate will only be based on that 250.00 now and only when you crap out.
                    what are the limits? if you can bet 5k and know you will get paid this book would be a goldmine for bettors
                    Comment
                    • gordon gekko
                      SBR MVP
                      • 05-01-08
                      • 2842

                      #11
                      Hey Burt you ever plan on paying me pal?
                      Comment
                      • BigDaddy
                        SBR Hall of Famer
                        • 02-01-06
                        • 8378

                        #12
                        Originally posted by BurtRapp
                        I lost 500.00 at RebateWager. I called and got my 25% cash rebate which was 125.00 within 5 minutes into my account.
                        I lost the 125.00 earlier and called and got a rebate on the rebate. 25% on the 125.00 which is 30.00.
                        This is a MUST HAVE SHOP. I have never seen another book offer something like this.
                        so do you now get a 7.50 rebate on a rebate? this sounds to good to be true.
                        Comment
                        • BigDaddy
                          SBR Hall of Famer
                          • 02-01-06
                          • 8378

                          #13
                          checking the website out they go above 25% up to 50%

                          * 1.00 - 5,000 - 25% REBATE *
                          * 5,001 - 7,500 - 35% REBATE *
                          * 7,501 - 10,000 - 45% REBATE *
                          * 10,001 ABOVE - 50 % REBATE *


                          wow

                          1. Say Bill Deposits and loses $1000. Bill gets an instant rebate of $250.
                          2. Bill then wins $1000. He now starts with a red-figure of $1000.
                          3. Bill then loses $1250. He'll get an additional $62.50 back. That's 25% of his annual net losses not already rebated.
                          Comment
                          • I.R.B
                            SBR MVP
                            • 08-12-08
                            • 3209

                            #14
                            I already signed up..
                            Comment
                            • jjgold
                              SBR Aristocracy
                              • 07-20-05
                              • 388208

                              #15
                              This is great

                              I also have been touting this book along with BetBlackdog for credit players

                              Guys most players lose so rebatewager is an excellent choice to have along with SBR top rated books
                              Comment
                              • LVHerbie
                                SBR Hall of Famer
                                • 09-15-05
                                • 6344

                                #16
                                Originally posted by jjgold
                                This is great

                                I also have been touting this book along with BetBlackdog for credit players

                                Guys most players lose so rebatewager is an excellent choice to have along with SBR top rated books
                                Or wouldn't a better way to say it is that you're touting both books because they are owned by the same company?
                                Comment
                                • Bluehorseshoe
                                  SBR Posting Legend
                                  • 07-13-06
                                  • 15107

                                  #17
                                  Originally posted by BigDaddy
                                  so do you now get a 7.50 rebate on a rebate? this sounds to good to be true.
                                  That has to be a mistake.
                                  Comment
                                  • jjgold
                                    SBR Aristocracy
                                    • 07-20-05
                                    • 388208

                                    #18
                                    I know they are owned by same company, I would not be touting rebatewager if not part of betblackdog.

                                    Where the fuk is Blackie to clarify everything and give us examples of the rebates.
                                    Comment
                                    • Nicky Santoro
                                      SBR Posting Legend
                                      • 04-08-08
                                      • 16103

                                      #19
                                      ok so let me get this straight.

                                      i am down 50k in a span of 4 months.. i lose it all.. they credit me 12,500.. in the next 4 months, i win it all back the 50k.. i am now even on year.. but i am still up the 12,500.. do i get to keep it and when do they give the rebates, every week, every month???
                                      Comment
                                      • RebateWager
                                        SBR High Roller
                                        • 10-30-08
                                        • 145

                                        #20
                                        Rebate Concept

                                        Rebate Wager is based on traditional bookmaking - if you're not sure how that works, here's how we used to do it (and how most bookmakers still do it).

                                        1. Agents brought in players and guaranteed payment.
                                        2. The house took the action and paid out the winnings.
                                        3. Agents took a percentage of players annual net losses.

                                        With our books online the internet becomes our agent. And your deposited funds are our guarantee. So now we don't pay agents. We pay our players.

                                        Rebates are paid once you have lost the amount of your deposit or the amount of your rebate.

                                        The total rebate on a 1,000 deposit assuming the player lost the total deposit plus total rebate would be 332.00 or roughly 33%.

                                        If you win after you receive your rebate you do not forfeit your rebate already awarded, however you will not be able to receive additional rebates until you have a net loss again.
                                        Comment
                                        • BigDaddy
                                          SBR Hall of Famer
                                          • 02-01-06
                                          • 8378

                                          #21
                                          so the chart is on a 1000 deposit if you continue to lose?

                                          250 rebate
                                          62.50
                                          15.63
                                          3.91 = $332

                                          a 10,001 deposit would look like this?


                                          5000 rebate
                                          2500 rebate
                                          1250 rebate
                                          625 rebate
                                          312.50 rebate
                                          and so on

                                          im just going by what my net loss would be so i would continue to get 50% or once i take the 5k rebate i go down to 25% ?

                                          then it would look like this?

                                          5000 rebate
                                          1250
                                          312.50
                                          78.13


                                          any rollover on this rebate?
                                          Comment
                                          • Nicky Santoro
                                            SBR Posting Legend
                                            • 04-08-08
                                            • 16103

                                            #22
                                            i dont understand.. is rebate wager only credit book or post up too.. and if it is post up too,... are you saying that if i post up 10k, i lose it.. i get 3300.. then i dep another 10k and lose it all, do i get another 3300? what if i lose my first 100k in deposits, do i get 33,000 back? and are you saying that if i win 100k back, i owe you nothing and still keep the 33,000?

                                            i need this explained well pls..


                                            and most important, how safe is this book? does SBR guarantee this book?

                                            thanks
                                            Comment
                                            • RebateWager
                                              SBR High Roller
                                              • 10-30-08
                                              • 145

                                              #23
                                              Originally posted by BigDaddy
                                              so the chart is on a 1000 deposit if you continue to lose?

                                              250 rebate
                                              62.50
                                              15.63
                                              3.91 = $332

                                              a 10,001 deposit would look like this?


                                              5000 rebate
                                              2500 rebate
                                              1250 rebate
                                              625 rebate
                                              312.50 rebate


                                              and so on

                                              im just going by what my net loss would be so i would continue to get 50% or once i take the 5k rebate i go down to 25% ?

                                              then it would look like this?

                                              5000 rebate
                                              1250
                                              312.50
                                              78.13


                                              any rollover on this rebate?
                                              no rollovers. however after 5,000 rebates are only given on deposited funds.

                                              * Rebates are not retroactive, and are based on net losses for one calendar year. Our calendar year starts on the first week of the NFL regular season, and ends on the last week of the following NFL pre season. After 25% rebates are paid on deposited funds only.
                                              Comment
                                              • jjgold
                                                SBR Aristocracy
                                                • 07-20-05
                                                • 388208

                                                #24
                                                I think I get it now, this really is better than any bonus

                                                Nicky Rebatewager is under BetBlackog a strict controlled credit shop which is very solid, ask around about owner and you do not hear any complaints.

                                                Nicky Rebatewager is post up
                                                Comment
                                                • mtneer1212
                                                  SBR MVP
                                                  • 06-22-08
                                                  • 4994

                                                  #25
                                                  Top notch -- been playing at Blackdog since the start of baseball -- best CS, fast deposits and payouts
                                                  Comment
                                                  • daggerkobe
                                                    SBR Posting Legend
                                                    • 03-25-08
                                                    • 10744

                                                    #26
                                                    What are their deposit options? I don't see any cashier info on there.

                                                    I may take advantage of their $250 free wagering.
                                                    Comment
                                                    • RebateWager
                                                      SBR High Roller
                                                      • 10-30-08
                                                      • 145

                                                      #27
                                                      For deposits under 2,000.00 we offer Pre Paid Debit Card, MoneyGram and Western Union.

                                                      For deposits over 2,000.00 we offer Bankwire, US Money order *, MoneyGram and Western Union.

                                                      In addition we cover all fees. Fees are credited to your account.
                                                      Comment
                                                      • BigDaddy
                                                        SBR Hall of Famer
                                                        • 02-01-06
                                                        • 8378

                                                        #28
                                                        Originally posted by RebateWager
                                                        For deposits under 2,000.00 we offer Pre Paid Debit Card, MoneyGram and Western Union.

                                                        For deposits over 2,000.00 we offer Bankwire, US Money order *, MoneyGram and Western Union.

                                                        In addition we cover all fees. Fees are credited to your account.
                                                        can you post your limits for

                                                        NFL sides/totals
                                                        NCAAF sides/totals
                                                        NBA sides/totals

                                                        1st and 2nd half

                                                        do you have any max payout per week?


                                                        thank you
                                                        Comment
                                                        • RebateWager
                                                          SBR High Roller
                                                          • 10-30-08
                                                          • 145

                                                          #29
                                                          Originally posted by BigDaddy
                                                          can you post your limits for

                                                          NFL sides/totals
                                                          NCAAF sides/totals
                                                          NBA sides/totals

                                                          1st and 2nd half

                                                          do you have any max payout per week?


                                                          thank you
                                                          Comment
                                                          • daggerkobe
                                                            SBR Posting Legend
                                                            • 03-25-08
                                                            • 10744

                                                            #30
                                                            Are these pre-paid debit cards sold online? If so, where?

                                                            And can they be deposited online at ur site or do I have to call it in?
                                                            Comment
                                                            • RebateWager
                                                              SBR High Roller
                                                              • 10-30-08
                                                              • 145

                                                              #31
                                                              Originally posted by daggerkobe
                                                              Are these pre-paid debit cards sold online? If so, where?

                                                              And can they be deposited online at ur site or do I have to call it in?
                                                              cards are readily available and take about 7 days to get. we will refund card fees after your first deposit. contact customer service for details as we try to keep our processing on the down low.
                                                              Comment
                                                              • I.R.B
                                                                SBR MVP
                                                                • 08-12-08
                                                                • 3209

                                                                #32
                                                                I signed up and will be playing my free 250 on sunday.. I will post up no matter if i lose or win. The
                                                                Comment
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