How do books typically handle this rollover situation?

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  • HeDidDisToHim
    SBR Hustler
    • 11-19-12
    • 78

    #1
    How do books typically handle this rollover situation?
    Assume a book offered you the following promotion:

    $100 freeplay
    15x rollover
    $250 max cashout

    QUESTION: If you satisfied the rollover requirement, had $1,300 in your account, AND had deposited $100 somewhere along the line; would the book still limit you to the $250 max cashout? Or is it very fact specific (i.e., depends on when you deposited after accepting the promotion, how much you deposited, etc.)?
  • Hankwins
    SBR MVP
    • 09-17-10
    • 2232

    #2
    Originally posted by HeDidDisToHim
    Assume a book offered you the following promotion:

    $100 freeplay
    15x rollover
    $250 max cashout

    QUESTION: If you satisfied the rollover requirement, had $1,300 in your account, AND had deposited $100 somewhere along the line; would the book still limit you to the $250 max cashout? Or is it very fact specific (i.e., depends on when you deposited after accepting the promotion, how much you deposited, etc.)?

    why are you asking sbr and not the book you're dealing with?
    Comment
    • waldroprob
      SBR Rookie
      • 12-18-12
      • 42

      #3
      they typically screw you in any way possible, claiming illegal bets, not making 'real' rollover, or some other mystery reason to confiscate the cash.
      Comment
      • Hankwins
        SBR MVP
        • 09-17-10
        • 2232

        #4
        Originally posted by waldroprob
        they typically screw you in any way possible, claiming illegal bets, not making 'real' rollover, or some other mystery reason to confiscate the cash.
        no most adhere the rules they set in place. this guy is wondering if he can cashout 1300 becuase made a deposit once. when the rules state 250 max cashout.
        Comment
        • PD77
          SBR MVP
          • 12-11-09
          • 2380

          #5
          Which book and where "along the line?"
          Comment
          • touchback
            SBR MVP
            • 02-08-12
            • 1227

            #6
            All services have their own stipulations though many are similar. It used to be the norm to calculate rollover on the following... Depsosit plus Bonus times the rollover amount... so if a deposit is $500 and the customer gets a 100% with 10x rollover it looks like this;
            (500 + 500)(10)= 10,000 in qualifying rollover (qualifying means accepted bets, the free play does not count because FP registers as zero and the lesser of the risk vs the win only qualifies)
            The newer method that is seen in the last year or so is the principle deposit plus the greater of the bonus and or the winnings from freeplay winnings times the rollover. If a player deposits $500 and gets a 100% bonus and hits a parlay with a freeplay wager that pays $600 it would look like this;
            (500 + 600)(10) = 11,00 in qualifying rollover
            Always check terms and conditions to make sure for each service... there is also usually a odds restriction on FP straight wagers, usually maximum +200 or less and either no parlays and teasers or a max of 2 team parlays and teasers on freeplay action.
            Comment
            • HeDidDisToHim
              SBR Hustler
              • 11-19-12
              • 78

              #7
              Touchback,

              Thank you for actually addressing my question and not being a whiny d-bag like Hankwins. Yes, I know rules differ for every book but I was simply wondering if there was a "norm" for such situations in the industry. If you accepted this promotion, won your freeplay for $90, immediately afterwards deposited $100, and then ran your account up to $1,300; to me it wouldn't seem "right" to limit you to the $250 max cashout after you hit rollover (because the freeplay and your deposit were indistinguishable so to speak). However, if you ran up your account to $1,300 on the freeplay. hit the rollover, AND THEN deposited $100 and tried to cash it all out saying, "you can't limit me to the $250 max I had my own money in this"; that would not seem "right."
              Comment
              • Hankwins
                SBR MVP
                • 09-17-10
                • 2232

                #8
                i asked a very legit questioon, why take your question to this forum opposed to the sportsbook. you never addressed that becuase you obviously have no reply. touchback addressed how things typically work but you not contacting the book with your concerns is obnoxious as hell.
                Comment
                • HeDidDisToHim
                  SBR Hustler
                  • 11-19-12
                  • 78

                  #9
                  The question presented was "how would books typically handle this rollover situation"? Hence, I wanted to know if there was some kind of "norm" or "standard" for how books handle it. This is precisely the kind of question you should expect to see in a Sportsbooks & The Industry forum.
                  Comment
                  • PharaohUB
                    SBR MVP
                    • 01-23-07
                    • 4865

                    #10
                    So what did the book say?
                    Comment
                    • touchback
                      SBR MVP
                      • 02-08-12
                      • 1227

                      #11
                      Originally posted by HeDidDisToHim
                      Touchback,

                      Thank you for actually addressing my question and not being a whiny d-bag like Hankwins. Yes, I know rules differ for every book but I was simply wondering if there was a "norm" for such situations in the industry. If you accepted this promotion, won your freeplay for $90, immediately afterwards deposited $100, and then ran your account up to $1,300; to me it wouldn't seem "right" to limit you to the $250 max cashout after you hit rollover (because the freeplay and your deposit were indistinguishable so to speak). However, if you ran up your account to $1,300 on the freeplay. hit the rollover, AND THEN deposited $100 and tried to cash it all out saying, "you can't limit me to the $250 max I had my own money in this"; that would not seem "right."
                      HDDTH.... no prob. Hank does crack me up though, you gotta admit he is a funny Mofo at times. To specifically address your FB this is how it works and this is how you beat it. A FB should not be given or taken on a current balance... ever. It will lead to confusion or a grey area that is easily taken advantage of by a book... period. The freebet now has a rollover and Max cash value now, not like it used to be in old days with no payout limit.
                      $50FB FP 5x roll max cash of $100 is the example. Use the 50fp on a parlay, usually restricted to 2 teams at most shop`s and use it on +200 lines if possible or the best you can get. The fp principle is always zero and even if you win you still lose the principle so the shot is to maximize the return on zero true value. Once you have won this small parlay you now have cash. The reason to shoot for more than the actual cash value is to have enough of a reserve to complete the rollover so now you have to choose safer bets. As soon as you complete qualifying rollover then redeem... does not matter if the balance is above or below the payout value. If it is more they will automatically max it and if it is less it is better to have your account off of the FB profile. The best option now is to make a deposit and compund the 2 aqggregates, meaning send a nickel and have the FB winnings added on top. The reason being that the FB are purposely maxed out at a point that you will have to pay the most withdrawal fees so makes it a bad choice. Making a deposit and compounding is better, just do not take a bonus, rollover the amount once and colloct your money. This is best at a service that offers a free withdrawal once every month or 30 days... Those that ask why not take the FB withdrawal with the free payout... not gonna hapen. To qualify for a free payout at those services that offer it you must have a current active account, meaning a deposit in the last 30 to 60 days depending on outfit and FB are usually only given to new accounts or inactive accounts or you are active but the payout terms make so the FB does not qualify for a free payout. If you get a FB with an active account then they are retarded and or stupid and you are bound to have problems... good luck.
                      Comment
                      • touchback
                        SBR MVP
                        • 02-08-12
                        • 1227

                        #12
                        Originally posted by Hankwins
                        i asked a very legit questioon, why take your question to this forum opposed to the sportsbook. you never addressed that becuase you obviously have no reply. touchback addressed how things typically work but you not contacting the book with your concerns is obnoxious as hell.
                        Hank... his question was more specifically about the FB than general rollover so I consider his defense valid. Waiting for my next laugh buddy...
                        Comment
                        • BigDaddy
                          SBR Hall of Famer
                          • 02-01-06
                          • 8378

                          #13
                          wow touchback you are pretty sharp when it comes to understanding how bonuses work
                          Comment
                          • touchback
                            SBR MVP
                            • 02-08-12
                            • 1227

                            #14
                            BUMP... freebets will probably be coming out with Super Bowl and to jump start hoops players with Madness around the corner.. I would prefer guys had a good handle on how to deal with them... good luck.
                            Comment
                            • touchback
                              SBR MVP
                              • 02-08-12
                              • 1227

                              #15
                              Bump... freebets for SuperBowl. The last report I saw on a freebet payout was accomplished exactly as I have posted and it was the other week at a service. So, go get your freebets and handle it the way I have explained. Good luck... by the way, only about 1 out of 30 to 40 freebets ever pay out... it is a good marketing PR perk for a reason...
                              Comment
                              • touchback
                                SBR MVP
                                • 02-08-12
                                • 1227

                                #16
                                Bump... for guys working Free Bets for March Madness. This thread tells you how to work the shot.
                                Comment
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