Youre basically starting in debt and have to work yourself back up in order to be able to withdraw anything. Id love to see actual stats of how many people actually go anywhere after taking a bonus.
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Personally as a rec bettor I'm never in a rush to withdraw, tend to run about even a lot of the time anyway so don't mind the rollover and see the bonus amount as pure profit rather than a debt..Comment -
Yes optional great point I agree whoever is in a rush for a payout,your in trouble.take the bonus and overtime you will meet the rollover it's all about being disciplined.Comment -
I can give you the numbers. 98% of people that deposit with a bonus lose all their money. 98% of people that don't take a bonus lose all their money. Obviously, losing the casino's money is better than losing your own. And winning the casino's money is gravy.
You don't start in debt because you start way positive. It's just that you are not any good at betting. If you were just a break even bettor, you'd make money. The casinos know that you are so bad at betting that you are not a risk to them so they actually give you free money and dare you to beat them.Comment -
nothing is a waste if you get a bonus
Bet safe with it and try to break even on rollover moneyComment -
Bonuses are very much worth it if you know what you are doing. You can play the other side with close to break even odds at another side for example.Comment -
Depends on the terms and conditions attached. Always read them carefully.
Take a screenshot as they sometimes change them after you've accepted the original terms.
Those with high rollovers often aren't worth it.
Dodgy books may limit your bets and make it nigh on impossible to achieve your rollover.
Always check what type of bets you can use free bets on.
If possible play your free bets on a plays you expect to lose hedging them elsewhere, effectively turning it into cash at another book/exchange and avoiding a higher rollover requirement.Comment -
What do you consider a good rollover? Is 16x good?Comment -
Shoot for 100% bonus that is 20x deposit (They will probably call it 10x). Deposit $500 and have to bet $10,000 for rollover. That is basically industry standard. Anything better is an extremely good bonus.
Also, always look at withdrawal fees. That's usually how they take back part of your bonus. Subtract it off the bonus.Last edited by Buffalo Nickle; 12-20-15, 06:50 PM.Comment -
For a 100% bonus, 5x rollover would be about the maximum I would accept. I'd accept a higher one only if the bonus was higher as well.Comment -
yeah when casinos give me comps I throw them away, waste of time...
bottom line is if you are going to be making bets at the book that will eventually meet rollover the bonus is free money and you're an idiot for passing up on it. if you deposit at a book to bet on NFL or any other sport for the season you'll either bust or make money by end of season, either way you'd clear the bonus.
If you are taking your rent money and trying to double it before the rent is due then bonuses aren't for you.
A bonus is like a comp from a casino, except they give it up front. You just need to play enough to earn it, which you most likely will even making small bets it might take a month but it's free money.
I ONLY play with a bonus, or at reduced juice books, otherwise you are wasting money. If you only bet a few games a year then obviously bonuses are a waste. If you are a consistent loser and never meet rollover, you'd still be losing money if you didn't take the bonus but were still gambling. But WITH the bonus you actually lose less since you lost your deposit and still kept betting the bonus and lost that.
So however you look at it, bonus is a good deal unless you literally bet one game a week or something, or are betting money you can't afford to tie up like the rent.
Only thing to consider is if you shop around for lines a lot, it's best to make deposits at multiple books with bonuses so you can take the best line. After season is over if a book still has rollover just bet it all against another book, or just start betting another sport.
Just my opinion, but if you bet regularly meeting rollover is easy. If you make the bets the bonus is free money, so doesn't make sense to turn down free money.
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yeah when casinos give me comps I throw them away, waste of time...
bottom line is if you are going to be making bets at the book that will eventually meet rollover the bonus is free money and you're an idiot for passing up on it. if you deposit at a book to bet on NFL or any other sport for the season you'll either bust or make money by end of season, either way you'd clear the bonus.
If you are taking your rent money and trying to double it before the rent is due then bonuses aren't for you.
A bonus is like a comp from a casino, except they give it up front. You just need to play enough to earn it, which you most likely will even making small bets it might take a month but it's free money.
I ONLY play with a bonus, or at reduced juice books, otherwise you are wasting money. If you only bet a few games a year then obviously bonuses are a waste. If you are a consistent loser and never meet rollover, you'd still be losing money if you didn't take the bonus but were still gambling. But WITH the bonus you actually lose less since you lost your deposit and still kept betting the bonus and lost that.
So however you look at it, bonus is a good deal unless you literally bet one game a week or something, or are betting money you can't afford to tie up like the rent.
Only thing to consider is if you shop around for lines a lot, it's best to make deposits at multiple books with bonuses so you can take the best line. After season is over if a book still has rollover just bet it all against another book, or just start betting another sport.
Just my opinion, but if you bet regularly meeting rollover is easy. If you make the bets the bonus is free money, so doesn't make sense to turn down free money.
This. Well said.Comment -
You must have an odd definition of "free".yeah when casinos give me comps I throw them away, waste of time...
bottom line is if you are going to be making bets at the book that will eventually meet rollover the bonus is free money and you're an idiot for passing up on it. if you deposit at a book to bet on NFL or any other sport for the season you'll either bust or make money by end of season, either way you'd clear the bonus.
If you are taking your rent money and trying to double it before the rent is due then bonuses aren't for you.
A bonus is like a comp from a casino, except they give it up front. You just need to play enough to earn it, which you most likely will even making small bets it might take a month but it's free money.
I ONLY play with a bonus, or at reduced juice books, otherwise you are wasting money. If you only bet a few games a year then obviously bonuses are a waste. If you are a consistent loser and never meet rollover, you'd still be losing money if you didn't take the bonus but were still gambling. But WITH the bonus you actually lose less since you lost your deposit and still kept betting the bonus and lost that.
So however you look at it, bonus is a good deal unless you literally bet one game a week or something, or are betting money you can't afford to tie up like the rent.
Only thing to consider is if you shop around for lines a lot, it's best to make deposits at multiple books with bonuses so you can take the best line. After season is over if a book still has rollover just bet it all against another book, or just start betting another sport.
Just my opinion, but if you bet regularly meeting rollover is easy. If you make the bets the bonus is free money, so doesn't make sense to turn down free money.
It's never FREE if there are conditions attached.Last edited by Hareeba!; 12-20-15, 07:15 PM.Comment -
As far as offshores go I think 20x roll on 100% bonus is about the limit of reasonableness. I mean 20x deposit btw, not 20x deposit and bonus. So what a lot of books would call 10x rollover (of both deposit and bonus)
With my betting style that would take maybe a month or 6 weeks just grinding away with 1 and 2 unit bets.
It all depends on your betting style. If you are the type to throw allin bets around sometimes, then maybe something smaller is safer so you can cash some out before being tempted to risk the lot again.
Good thread btw (from everyone)
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Name some new player sign up bonuses with 100% sign up or existing bonuses with 50% or 25%. Has to be reliable and reputable books. Go.Comment -
Just stay away from YouWager, they won't honor your bonuses, even if you have an email and a screenshot of what they are offering.Comment -
reduced juice > bonuses
Anyone know of a reduced juice book besides heritage/5dimes?Comment
