[TryingMyBest]

Maybe I'm one of those people who is holding on to the slimmest of hope that something can be worked out, but why couldn't a book do something like this:

1) Cover your Betislands balance provided that you match it

2) Give the account a 20x rollover

3) Impose the following limits

NFL: $500

CFB: $300

NBA: $300

CBB: $200

MLB: $200


You will not attract the big balances (many of them sharper players) because these terms will not work for them. Believe me, I feel worse for the people who lost life changing money than I do for myself, but I'm just trying to be realistic, and looking at this from a book's perspective.

Say a player had 3K, if a book allowed this, they match it and are into the player for 3K to start off. If a player is betting into -110 lines, and has to make $120,000 worth of wagers, the book is.....

Up $3,000 provided the player hits 50%

Up $1,580 provided the player hits 51%


A player would need to hit 51.4% to break even, or the same as dealing a -106 line if they didn't have any kind of bonus.

They'd gain some good will, good publicity, and new clients. This doesn't seem that unreasonable.

[Spedizzo]

No, something like this will probably happen. It is, however, absurd. If I had CASH in an account, for it to turn into a glorified bonus that I have to match on another website with terrible rollover requirements would be INFURIATING.

Plus, what about the guys with $20k+ in their accounts. They have to come up with $20k+ to send to another offshore website?

[tatommack]

They only thing i can see happening is 100% deposit match bonuses. hey betus is offering that right now.

[TryingMyBest]

No, something like this will probably happen. It is, however, absurd. If I had CASH in an account, for it to turn into a glorified bonus that I have to match on another website with terrible rollover requirements would be INFURIATING.

Plus, what about the guys with $20k+ in their accounts. They have to come up with $20k+ to send to another offshore website?

I agree, and if you would rather cut your losses and not deal with the rollover then fine. Some people (including myself) cannot get over the fact that they just had money stolen from them, so even if it's stuck in rollover world for the next two years, that's better than it just being gone. In terms of the guys with 20K +, terms like this would probably be set to deter them from wanting to come in, or they could have the option of coming in for less if they wanted. Again, I don't want to say "Fuk the guys with high balances", but the reality is most of the people who got mugged were probably 5k or less. If you are going to make a goodwill statement, you are going to try to appease the majority, who coincidentally, are far less likely to hurt your book financially in the long run.

[Isaiah]

Not an absurd idea at all. I expect some book to offer something with similar provisions in the not to distant future to Bet Islands victims. I am one of them but I won't be taking them up on any offers that require a ridiculous rollover. I am going to eat my loss, pick my own book and refuse any offer that has rollover strings attached. Going to deposit cash, be a disciplined player and withdraw when I please. That is how I am going to recoup the $$$ stolen by Bet Islands.

[Speedy88]

Do you know how long a 20X rollover would take for some people?

[Isaiah]

Do you know how long a 20X rollover would take for some people?

Indeed it is ridiculous. I saw a post earlier in the day gushing forth how they would gladly agree to a 100x rollover if some book would please rescue them from the Bet Islands debacle. Hysteria. Very sad.

[Spedizzo]

Like the other guy mentioned in the thread... I am pretty sure there are books out there already offering a 100% match bonus with an insane rollover requirement. That's not an out of this world bonus.

[TryingMyBest]

Do you know how long a 20X rollover would take for some people?

I know exactly how long it would take, but these are the measures a book would need to put in place to protect themselves as well. In my opinion, and I'm sure a lot of other people's, it's much better than just having your money gone. If you didn't like the terms, you wouldn't have to accept it, simple as that

[TryingMyBest]

Like the other guy mentioned in the thread... I am pretty sure there are books out there already offering a 100% match bonus with an insane rollover requirement. That's not an out of this world bonus.

Match is different than cash. With a match you are going to get about 45 cents on the dollar straight betting, 65 cents on the dollar if they let you do 2 team parlays and you played it all 4 ways, 75 cents on the dollar if they let you do 3 teamers and you played it all 8 ways. I don't know about you but if a book bailed me out I'd have a hard time RR a 2 or 3 teamer to maximize my FP equity. There are other ways to maximize FP equity involving the betting of dogs at your book with the free play and then parlaying the opposing favs at another book. I do this at Justbet where they don't allow parlays on free plays. I would be more likely to go that route.

[Darkside Magick]

Have anyone contacted Bookmaker! Of all the books they the only one I know who could do it

[jb456223]

TryingMyBest it is actually a good idea, well thought out and executed by you. There are a other factors to consider however. A books players database is a very valuable item and BI may not be willing to release it to another book as they might want to try to get back in the game at a later date or create another alias. A database for books is pure gold and the more names the more value. If they were to release it the book taking over would need their tech team to scrub the database with their own to ensure no duplicate accts. Then all dups would have to be investigated to make sure of no debts, cbks, excessive winners. You are right on with the rollover though (maybe not 20) but there will be one as new book will not risk their money. If they gave money players could just withdrawal. Only way money would be given is if BI gave it to new book which won't happen. If a book does step up and takes BI players they will be a soldid. I am sure a few books are putting in bids to get that database at a cheap price.

[Isaiah]

TryingMyBest it is actually a good idea, well thought out and executed by you. There are a other factors to consider however. A books players database is a very valuable item and BI may not be willing to release it to another book as they might want to try to get back in the game at a later date or create another alias. A database for books is pure gold and the more names the more value. If they were to release it the book taking over would need their tech team to scrub the database with their own to ensure no duplicate accts. Then all dups would have to be investigated to make sure of no debts, cbks, excessive winners. You are right on with the rollover though (maybe not 20) but there will be one as new book will not risk their money. If they gave money players could just withdrawal. Only way money would be given is if BI gave it to new book which won't happen. If a book does step up and takes BI players they will be a soldid. I am sure a few books are putting in bids to get that database at a cheap price.

"Jon" already sold the data base. See http://www.sportsbookreview.com/forum/sportsbook...-circling.html

[jb456223]

Interesting Isaiah and when I google their number first review of an old book is an F upgraded to a D- in 2009 lol. I would be careful. Hopefully if anything was infact sold it was only name, address and not financial details. The one thing that seems very odd to me is why would SBR contact a book group like that who has had history in the past rather the a big well established one

[JasonDC]

Interesting Isaiah and when I google their number first review of an old book is an F upgraded to a D- in 2009 lol. I would be careful. Hopefully if anything was infact sold it was only name, address and not financial details. The one thing that seems very odd to me is why would SBR contact a book group like that who has had history in the past rather the a big well established one

Apparently the bigger books were the first ones contacted and not a single one had any interest at all..many players have even contacted books on their own to see if anything could be done and everyone got the same response..not interested..i contacted a couple and was denied..it's just not going to happen guys..Merry Christmas to us.

[Isaiah]

Interesting Isaiah and when I google their number first review of an old book is an F upgraded to a D- in 2009 lol. I would be careful. Hopefully if anything was infact sold it was only name, address and not financial details. The one thing that seems very odd to me is why would SBR contact a book group like that who has had history in the past rather the a big well established one

I wouldn't give them the time of day. I've learned my lesson and am finished with mickey mouse operations.

[jb456223]

In away I can see why the big guns won't help. There first priority is to protect the limited processors they have left. I am sure a few years ago they would have jumped on it. It is unfortunate how the land of the free has all these gaming laws.

[TryingMyBest]

Good points. I'm sure the bigger books weren't at all interested in just a straight takeover with a rollover attached. People would have been furious if they were told someone was bailing them out but they had to match their balance and then take a large rollover. It's all relative now though, people would be thrilled with that option

[runnershane14]

It doesn't make sense and will not happen. Any good book left already has the same clients that betislands had.