Major Bet Phoenix Changes

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • durito
    SBR Posting Legend
    • 07-03-06
    • 13173

    #1
    Major Bet Phoenix Changes
    Effective January 13, 2010

    1. The maximum bonus for any player that is not in the Americas will be 200 units (depending on the currency of the deposit). This will be regardless of the amount deposited. Depending on the promotion taken the rollover will vary.

    2. Discount juice will only be offered for the Americas or where authorized per account basis.

    3. Maximum wager for players not in the Americas is of $500, or the equivalent in their local currency.

    4. Clients taking the -105 Juice will no longer be eligible for any extra bonuses.

    5. Proposition or Future wagers will no longer count towards completing the rollover.

    6. The reduced juice on NCAA Basketball totals are now 16 cents.

    7. All these points (with the exception of the -108 on NCAA BB totals) will apply to New and existing accounts that are at Zero balance or have not made a deposit prior to the changes on the rules. January 13, 2010.
  • durito
    SBR Posting Legend
    • 07-03-06
    • 13173

    #2
    Looks they don't want Europeans. Sounds like BetOnline.

    I really wanted a 2,000 unit bonus. I guess Colombia is in the Americas though I doubt that's what they mean.

    Shocking they couldn't handle -105/-105 on NCAAB totals.
    Comment
    • trumpdown
      SBR Wise Guy
      • 01-21-09
      • 755

      #3
      What can one assume from all this? They are getting cleaned up from bonus whores, futures, & NCAA totals?
      Comment
      • katstale
        SBR MVP
        • 02-07-07
        • 3924

        #4
        Am digesting all of this now. I think it pretty much misses me. I am no bonus, reduced juice and 500 max currently. Of course, I agreed to these parameters a while back. Hope this helps their bottomline and it doesn't get more drastic. As is, I will use them as an out every day.

        I did notice that NBA totals didn't start at $250 this morning. If they are gonna open at 500 max from the morning on--thats a definite improvement.

        If some other reduced juice places I could name would be so kind with me, I would be glad to be there also!!

        Bring on the exchange Phoenix along with your asian clientele.
        Comment
        • Vince Lombardi
          SBR Wise Guy
          • 11-23-08
          • 841

          #5
          Are they about to go down???
          Comment
          • Justin7
            SBR Hall of Famer
            • 07-31-06
            • 8577

            #6
            They are just making intelligent decisions that will help them profit in the long-run.
            Comment
            • JohnnyC
              SBR Wise Guy
              • 02-27-09
              • 504

              #7
              Slowly and steadily starting to get a clue BUT is it too late.......



              Comment
              • Thremp
                SBR MVP
                • 07-23-07
                • 2067

                #8
                I wish people (Justin7) would stop helping these morons impede the flow of money from their pockets to mine.

                Though getting other books in their group (Sports-1) to stop their asinine slow paying would be a use of time I'd support.
                Comment
                • BigDaddy
                  SBR Hall of Famer
                  • 02-01-06
                  • 8378

                  #9
                  Originally posted by Thremp
                  I wish people (Justin7) would stop helping these morons impede the flow of money from their pockets to mine.

                  Though getting other books in their group (Sports-1) to stop their asinine slow paying would be a use of time I'd support.
                  i don't understand it either.
                  Comment
                  • Jaug
                    SBR MVP
                    • 01-11-09
                    • 3087

                    #10
                    I'm from Europe and I've lost quite a bit of money there, guess I will be an exception.

                    This scares me though, are they getting low on funds? Time to withdraw maybe?
                    Comment
                    • 20Four7
                      SBR Hall of Famer
                      • 04-08-07
                      • 6703

                      #11
                      Originally posted by durito
                      Effective January 13, 2010

                      1. The maximum bonus for any player that is not in the Americas will be 200 units (depending on the currency of the deposit). This will be regardless of the amount deposited. Depending on the promotion taken the rollover will vary.

                      2. Discount juice will only be offered for the Americas or where authorized per account basis.

                      3. Maximum wager for players not in the Americas is of $500, or the equivalent in their local currency.

                      4. Clients taking the -105 Juice will no longer be eligible for any extra bonuses.

                      5. Proposition or Future wagers will no longer count towards completing the rollover.

                      6. The reduced juice on NCAA Basketball totals are now 16 cents.

                      7. All these points (with the exception of the -108 on NCAA BB totals) will apply to New and existing accounts that are at Zero balance or have not made a deposit prior to the changes on the rules. January 13, 2010.
                      So what happens if you are carrying a balance? Or do they mean props and futures won't be taken away from me until I complete my roll over? They are obviously avoiding the issue of people jumping back and forth between -105 and taking bonus's.

                      I understand most of it but I think the wording could be a little clearer. What constitutes the AMERICAS.
                      Comment
                      • Mthorn
                        SBR Wise Guy
                        • 11-29-09
                        • 588

                        #12
                        Is this stated on the website?.
                        Comment
                        • pjesnik24
                          Restricted User
                          • 11-01-05
                          • 1286

                          #13
                          Originally posted by Mthorn
                          Is this stated on the website?.
                          yes
                          Comment
                          • Dunder
                            Restricted User
                            • 10-26-09
                            • 3345

                            #14
                            FWIW I have both a BP and a Sports-1 account.

                            I was advised:

                            a) No bonuses (I haven´t taken any anyway)
                            b) Limits as per above
                            b) I can keep -105 lines on one of the accounts only.
                            Comment
                            • coldhardfacts
                              SBR Wise Guy
                              • 10-19-07
                              • 717

                              #15
                              Originally posted by Justin7
                              They are just making intelligent decisions that will help them profit in the long-run.
                              Maybe for changes 1-5 and 7, but definitely NOT for 6. Since they made the change, I'm giving them a fraction of the CBB total play that I did before the change. and I'm sure I'm not alone. Lower juice = increased volume = increased profits.
                              Comment
                              • BubbleBobble
                                SBR Sharp
                                • 11-04-09
                                • 293

                                #16
                                Bye BP, another one who thought they can play with the big boys and failed miserably. And no, people like Justin repeating how much they loose there doesn't make the lines harder to beat. Rare to find a book that was as easy to beat as BP.
                                Comment
                                • tltaylor89
                                  SBR Posting Legend
                                  • 06-19-09
                                  • 19610

                                  #17
                                  looks like they are focusing on the US only must be a flux in the currency rates I will have to look on FOrex
                                  Comment
                                  • RaisyDaisy
                                    SBR High Roller
                                    • 10-23-09
                                    • 146

                                    #18
                                    interesting.
                                    Comment
                                    • triqy
                                      SBR Wise Guy
                                      • 11-19-09
                                      • 800

                                      #19
                                      Comment
                                      • Santo
                                        SBR MVP
                                        • 09-08-05
                                        • 2957

                                        #20
                                        Originally posted by coldhardfacts

                                        Maybe for changes 1-5 and 7, but definitely NOT for 6. Since they made the change, I'm giving them a fraction of the CBB total play that I did before the change. and I'm sure I'm not alone. Lower juice = increased volume = increased profits.
                                        Or, if your (or in this case, the whole markets) lines are getting killed, lower juice = increased volume = increased losses.
                                        Comment
                                        • JoeVig
                                          SBR Wise Guy
                                          • 01-11-08
                                          • 772

                                          #21
                                          Wonder how this ties into the server problems they've been having. Having to pay a lot of cash outs recently from (rightfully) upset players? Not as much casual action from frustrated players and only the wise guys left to beat them up?
                                          Comment
                                          • Stumpage
                                            SBR MVP
                                            • 09-21-05
                                            • 2906

                                            #22
                                            Very interesting developments.....

                                            Think I'll just continue to sit on the BP sidelines for a while and see which direction this book takes. Seems like a pivotal time period over there. Just hoping they know of Canada's existence and it's geographical location as per the "Americas".....
                                            Comment
                                            • Dark Horse
                                              SBR Posting Legend
                                              • 12-14-05
                                              • 13764

                                              #23
                                              It means that football season is over. lol
                                              I don't really think Europe is much of a concern. Asian groups could be a different thing.

                                              I haven't seen the poster Betphoenix here for a while. In the past he was in here quickly to clarify concerns people might have. What about the free plays here in exchange for SBR points? Are those still good along with reduced juice?
                                              Comment
                                              • mminkovski
                                                SBR MVP
                                                • 06-22-07
                                                • 1077

                                                #24
                                                Originally posted by Stumpage
                                                Very interesting developments.....

                                                Think I'll just continue to sit on the BP sidelines for a while and see which direction this book takes. Seems like a pivotal time period over there. Just hoping they know of Canada's existence and it's geographical location as per the "Americas".....
                                                They changed the message. Now it says USA and Canada
                                                Comment
                                                • BubbleBobble
                                                  SBR Sharp
                                                  • 11-04-09
                                                  • 293

                                                  #25
                                                  Originally posted by Dark Horse
                                                  I haven't seen the poster Betphoenix here for a while. In the past he was in here quickly to clarify concerns people might have.
                                                  Yep he was here as long as they liked the sharp players signing up.
                                                  There have been days where i looked at BP lines with Pinny dynamics open, and i could have placed ~10 scalps without the need to hurry at all...BetPhx's line manager was prolly browsing the forums etc.

                                                  Seriously, i could have done a better job managing those lines.
                                                  Now they cut the players off, i would instead fire the whole management.
                                                  Comment
                                                  • Thremp
                                                    SBR MVP
                                                    • 07-23-07
                                                    • 2067

                                                    #26
                                                    I like how SBR first framed them as a big player and revolutionizing things. Now they're just practicing "sound management" instead of focusing on lines/limits/payouts.

                                                    Comment
                                                    • HedgeHog
                                                      SBR Posting Legend
                                                      • 09-11-07
                                                      • 10128

                                                      #27
                                                      Books that can offer 105 lines and bonuses make me nervous. Probably a good thing that they are making intelligent choices. As long as they keep the discounted juice, they remain a must have out IMO.
                                                      Comment
                                                      • Stumpage
                                                        SBR MVP
                                                        • 09-21-05
                                                        • 2906

                                                        #28
                                                        Originally posted by HedgeHog
                                                        Books that can offer 105 lines and bonuses make me nervous.
                                                        I agree, Hedge. What I like to think of as the "BetCascade" effect. Not saying that's what is going to happen here, but it is something that is always in the back of my mind when dealing with a low juice/bonus book.
                                                        Comment
                                                        • Dunder
                                                          Restricted User
                                                          • 10-26-09
                                                          • 3345

                                                          #29
                                                          Originally posted by HedgeHog
                                                          Books that can offer 105 lines and bonuses make me nervous. Probably a good thing that they are making intelligent choices. As long as they keep the discounted juice, they remain a must have out IMO.
                                                          I would agree but as a non-American, I now have a USD 500 limit.

                                                          I can only conclude that they have been hammered recently and want to increase the ratio of "recreational" players. Logically a lower proportion their European/Asian clients are likely to be recreational.
                                                          Comment
                                                          • jackpot269
                                                            SBR Posting Legend
                                                            • 09-24-07
                                                            • 12842

                                                            #30
                                                            I have an acct that needs to meet a roll over requirment on live chat the other day i ask about where i stood on my roll over and if there was a place i could check for my self she could not help me gave me a e- mail addres to send questions have not done that yet but that seemed strange to me what do yall think of this why have live chat that cant answer questions?
                                                            Comment
                                                            • durito
                                                              SBR Posting Legend
                                                              • 07-03-06
                                                              • 13173

                                                              #31
                                                              Many books specifically target the USA/Canadian market, and likely any player from anywhere else willing to send money to a place like BetOnline and bet USA sports, probably knows what they are doing. Thus, they close to that market.

                                                              But, Phoenix tried to portray itself as a global book. They have more soccer markets than pinny. They deal 5-6 cent lines on major euro soccer leagues like sbo/pinny/etc. They have 5k game day limits on those games. I can't imagine they get much action from americans on that. Well, whatever, I can use USA addresses.
                                                              Comment
                                                              • John Dough
                                                                SBR MVP
                                                                • 09-21-05
                                                                • 1785

                                                                #32
                                                                Originally posted by Justin7
                                                                They are just making intelligent decisions that will help them profit in the long-run.
                                                                Agree 100% with Justin's response. They're tightening the ship a bit, nothing wrong with that.
                                                                Comment
                                                                • RogueScholar
                                                                  SBR Hall of Famer
                                                                  • 02-05-07
                                                                  • 5082

                                                                  #33
                                                                  Originally posted by Dark Horse
                                                                  It means that football season is over. lol
                                                                  I don't really think Europe is much of a concern. Asian groups could be a different thing.

                                                                  I haven't seen the poster Betphoenix here for a while. In the past he was in here quickly to clarify concerns people might have. What about the free plays here in exchange for SBR points? Are those still good along with reduced juice?
                                                                  That ties into my question of whether or not we'll still be able to use three team parlays to clear the rollover on freeplays purchased with SBR Points. That was one rule I expected to change along with the other changes they made, which do seem like prudent business management.
                                                                  Originally posted by StraitShooter
                                                                  90% of the guys dont give a shit about your problems..and the other 10 are glad you have them..
                                                                  Comment
                                                                  • moonbeam
                                                                    SBR MVP
                                                                    • 03-02-07
                                                                    • 1496

                                                                    #34
                                                                    Originally posted by durito
                                                                    Effective January 13, 2010

                                                                    1. The maximum bonus for any player that is not in the Americas will be 200 units (depending on the currency of the deposit). This will be regardless of the amount deposited. Depending on the promotion taken the rollover will vary.

                                                                    2. Discount juice will only be offered for the Americas or where authorized per account basis.

                                                                    3. Maximum wager for players not in the Americas is of $500, or the equivalent in their local currency.

                                                                    4. Clients taking the -105 Juice will no longer be eligible for any extra bonuses.

                                                                    5. Proposition or Future wagers will no longer count towards completing the rollover.

                                                                    6. The reduced juice on NCAA Basketball totals are now 16 cents.

                                                                    7. All these points (with the exception of the -108 on NCAA BB totals) will apply to New and existing accounts that are at Zero balance or have not made a deposit prior to the changes on the rules. January 13, 2010.
                                                                    These are really breaking news.
                                                                    I placed a $5000 bet yesterday.
                                                                    But I know you are a serious poster durito. WTF going on at phoenix???
                                                                    Comment
                                                                    SBR Contests
                                                                    Collapse
                                                                    Top-Rated US Sportsbooks
                                                                    Collapse
                                                                    Working...