Betonline starts -105 today on fridays

Fishhead · 10-29-10, 08:17 AM

12-6 pm

Goose-Juice · 10-29-10, 09:06 AM

Chat informed me that any losing straight placed on NCAA sides or NFL sides or totals place between 1pm-6pm today: Friday will receive a 5% cash rebate after Monday night's final whistle.

ForgetWallStreet · 10-29-10, 09:34 AM

Cool deal if the software is actually working during that time period. I wouldn't bet on it though.

Cookie Monster · 10-29-10, 09:40 AM

It works somewhat different as I expected, it is not a straight -105, but a -110 with rebate. You bet $110 to win $100, if it wins it gets paid as usual; if it losses you get 5% rebate ($5 or $5.50?). So, the player only risked $105 (or $104.50), as it would get the rebate if the bet losses, thusly -105 (or -104.5). Rebates are credited after monday night, so they will not be available to bet again in the weekend.

Bets allowed: NCAAF sides, NFL sides and NFL totals.

Mudcat · 10-29-10, 10:01 AM

I like BetOnline but if they want to do a reduced juice deal, they should just have reduced juice. Taking a bet at regular juice then doing a rebate is unnecessarily complicated.

katstale · 10-29-10, 10:16 AM

Originally posted by Mudcat

I like BetOnline but if they want to do a reduced juice deal, they should just have reduced juice. Taking a bet at regular juice then doing a rebate is unnecessarily complicated.

This! AND, fix the software before you add twists.

magynuck · 10-29-10, 10:17 AM

yes it could be more straight forward but still nice

Santo · 10-29-10, 12:13 PM

I think they're just doing it this way until they can fix the software, so it's better than nothing.

Bill Dozer · 10-29-10, 12:19 PM

We're told it's being aggressively worked on. Poster feedback probably helped get it going faster than it would have.

testudo · 10-29-10, 12:23 PM

How do you know which select Fridays these reduced juice days are? I would not take a bonus with this book do to really long roll over. I would ask if Betonline considers reduced juice a bonus. Sometimes Bo has some good lines, but their bonus practices really boggle my mind.

wrongturn · 10-29-10, 12:31 PM

Is rebate thing applied to all players or only a selected few? Don't want to see a betfair surprise.

testudo · 10-29-10, 12:35 PM

Originally posted by wrongturn

Is rebate thing applied to all players or only a selected few? Don't want to see a betfair surprise.

only applied to losing accounts

omahamoneymaker · 10-29-10, 12:59 PM

Was just going to come back and post what I found out but others have obviously already found out the same thing.

Clerk qouted me this: The reduce juice just makes reference to the 5% cash rebate you get on your losses on Monday .

I asked why the promo was listed differently on the website but didn't get much of an answer to that.

For a bonus I took a 14X rollover on 100% freeplay. Probably not a very good option. After winning my freeplays I have to rollover 20K.

BrianLaverty · 10-29-10, 01:37 PM

haha... whats the point of 5% back? why not just put -105 lines? It can't be that hard to do, can it?

bigugly · 10-29-10, 02:21 PM

This is awesome.

durito · 10-29-10, 03:13 PM

Originally posted by BrianLaverty

haha... whats the point of 5% back? why not just put -105 lines? It can't be that hard to do, can it?

They haven't had a functioning website for 3 months, I'd imagine many things are quite challenging.

bubba · 11-02-10, 04:45 PM

has anyone recieved the 5% back? i have not yet. they told me it would be done at some point today but ould not tell me a time

davidchong · 11-02-10, 04:48 PM

probably is the 5% of losses

omahamoneymaker · 11-02-10, 09:12 PM

I had a losing wager of 330 for 300 and received a 15 credit to account this afternoon. You do not get anything on winning bets obviously.