Is taking a bonus worth it?

Masu485 · 08-01-10, 02:42 AM

Damn, I always thought it was a one time rollover for your initial deposit, then 4x or 5x rollover for the bonus. So for a 10% bonus on 2500, you'd rollover the 2500 once + (250 x 4) = 3500 total.

I have never used bonuses like this, and glad I haven't now...

JerseyShop101 · 08-01-10, 03:13 AM

At first I didn't like the way that 5dimes does their reup bonuses (You have to meet the rollover BEFORE you are given the bonus) but, I actually like that concept better, because if you win on day one and decide you want some cash, you can get the next day cash in hand by ** or **.

But in upfront bonuses, I believe if your winning your going to easily meet even the higher rollovers anyway, of course thats the big IF. But it is a nice feeling knowing when you don't have any rollover to worry about.

lukahh · 08-01-10, 03:58 AM

taking bonuses is wrong if they cause you bet over your capabilities. you are likely to regret that.

only take the bonus you are comfortable meeting. some people believe you shouldn't take bonus at all, but that's wrong. you must get as much juice back as possible.

a non-american with access to pinny, sbo and betfair can live comfortably without any bonus in life - you get it all back instantly, via low juice.

gryfyn1 · 08-01-10, 07:01 AM

Well you need to plan before you deposit then --

If the Book offers 50% freeplay on up to a 500 dollar deposit; don't deposit 2500, always deposit the minimum amount to achieve the bonus -

also plan how much action you are comfortable with; it certain cases it may not be worth if you feel you won't have that much action - some people that put in $2500; may not even want to cash out till they hit 10K;

Mudcat · 08-01-10, 07:27 AM

To me, bonuses are like finding money lying in the street. Yes they are worth it.

babyanni · 08-01-10, 07:40 AM

If you take a 6x bonus at most books roll your deposit about 3x and decide you want to forfit the bonus and winnings from bonus is there a penalty? can you even cash out like that at most books?

mrmarket · 08-01-10, 07:48 AM

Originally posted by dynamite140

I have accounts at most sportsbooks like BetJamaica, bodog, 5dimes, matchbook, the greek.

I have taken a few bonuses back in the day but wished i did not because i had to rollover the amount before i withdraw. I know many books have signup and reload bonuses and if you take a bonus, you have to have the 4x rollover , 5x or 7x rollover.

My question is once you decide you want the bonus and they give it to you, you are from that time on OBLIGATED to rollover the entire amount no matter what correct? Say you deposited and got 10 percent bonus for your $2500 deposit of $250 but had to rollover say 4x for $11,000 total. If you wagered a total of $2500 but then have your account down to only $900 and just want to withdraw the rest of your money, is it ALWAYS not allowed because you took the bonus? I know that if you don't take a bonus, once you wagered $2500 which is your deposit, you are free to do what you want because its not strings attached.

So does anyone here think taking a bonus is risky because of these situations? I lost lot of my money few years ago because i had to complete a 5x rollover of about $12,000 or so in many books because i took a bonus and then went and lost most of my balances in all my accounts along with chasing bets with heavy favorites.

If you're a winning player bonuses are just free money. If you're a losing player looking to ride variance for some quick cash before withdrawing they are problematic because you have tie up your money. And the longer you continue to play the more money you will lose. I mean no offense but you're most likely the latter case and it would be better to forgo the bonus altogether or negotiate reduced juice lines that do not have rollover requirements at a shop like BP or 5dimes.

KC · 08-01-10, 07:49 AM

Any bonus from a B book or better is worth it, just be patient and work the rollover
The only book I say no to the bonus id 5D because I would rather have reduced juice there

mrmarket · 08-01-10, 07:50 AM

Originally posted by gryfyn1

Well you need to plan before you deposit then --

If the Book offers 50% freeplay on up to a 500 dollar deposit; don't deposit 2500, always deposit the minimum amount to achieve the bonus -

also plan how much action you are comfortable with; it certain cases it may not be worth if you feel you won't have that much action - some people that put in $2500; may not even want to cash out till they hit 10K;

Not this. If you're looking to whore bonuses and not get banned you have to disguise your intentions. Sometimes this means forgoing the max bonus or depositing more than is required.

chunnnn2010 · 08-01-10, 08:42 AM

Cash bonus is much better than free-plays. However, 5dimes' 50% match-play is worthless. If you take that, you will lose your $500 max on reduced juice lines.

capitalist pig · 08-01-10, 09:01 AM

I never take bonuses, I used to take them and grind it out. But now I make a deposit, and try to make a quick double over a weekend and wait the 7 days to put in a withdrawl and get my deposit money the hell out.

later

dbnmln · 08-01-10, 09:22 AM

rollovers suck, stay away from bonuses especially if your on a losing streak. hahah

ronald · 08-01-10, 10:04 AM

Originally posted by Mudcat

To me, bonuses are like finding money lying in the street. Yes they are worth it.

As usual, Mudcat is correct.

mtneer1212 · 08-01-10, 11:29 AM

If you are looking to make a quick score and withdrawal, then no bonuses are not worth it. Usually small bonuses with <5x rollovers are worth it because it doesn't require too much action. If you are looking to play for an entire season on a deposit, then a larger bonus with a larger rollover (5-12x) is ok.

BigDaddy · 08-01-10, 11:43 AM

[QUOTE=Mudcat;5727071]To me, bonuses are like finding money lying in the street. Yes they are worth it.[/QUOTE

agree

Reload · 08-01-10, 11:52 AM

While comps are the only sure thing in the casino world, bonuses are the only sure thing when it comes to a reload. Remember reload-ers - Win if you can, lose if you must, but always get your reload bonus!

patswin · 08-01-10, 12:09 PM

Alwalys take a bonus

Bill Dozer · 08-01-10, 12:20 PM

For the regular bettor bonuses essentially amount to reduced juice over the course of a rollover. Bodog's 10% with a 1x roll is like betting juice-free on a -110 wager. If you don't like the obligation, a Pinnacle, 5Dimes or BetPhoenix is a good option.

If you want to try a new book out but don't want to be there for a month, take a cash bonus with no hold on your funds. A 5x rollover can be completed on a NFL Sunday for a lot of guys, especially on a max bonus of $200. It's about finding the right deal for what and how you plan to wager.

If you bet parlays and dogs, stay away from any bonus that requires a rollover on winnings. Those bonus terms are buzz killers for the majority of players who don't read fine print. Hopefully they go out of style completely.

dynamite140 · 08-01-10, 01:09 PM

Bill what do you mean by

If you bet parlays and dogs, stay away from any bonus that requires a rollover on winnings. Those bonus terms are buzz killers for the majority of players who don't read fine print. Hopefully they go out of style completely.

Don't parlay bets count as rollover? I also don't get what you mean by dogs as well and the bonus on rollover for winnings. I don't think i heard of this before.

JerseyShop101 · 08-01-10, 07:19 PM

Originally posted by dynamite140

Bill what do you mean by

If you bet parlays and dogs, stay away from any bonus that requires a rollover on winnings. Those bonus terms are buzz killers for the majority of players who don't read fine print. Hopefully they go out of style completely.

Don't parlay bets count as rollover? I also don't get what you mean by dogs as well and the bonus on rollover for winnings. I don't think i heard of this before.

Bill is talking about the books that have the bonus rollover calculated as X times your freeplay winnings, the higher your possible winnings, the larger the rollover you have to meet before requesting a withdrawal..

stikymess · 08-02-10, 01:14 PM

I put money in twice a year (start of baseball, start of football) and usual play through any rollover, so I'm more than happy to take free money.