Do you think 100% cash bonus is worth a 12X rollover?

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  • warriorfan707
    SBR Posting Legend
    • 03-29-08
    • 13698

    #1
    Do you think 100% cash bonus is worth a 12X rollover?
    Deposit 500, get 500 cash, start with 1k.

    But you gotta wager 12k (and thats the lower of the risk or win amount).

    I'm thinking it might be better to just go with no bonus at all, this is honestly a tough one.
  • mighty maron
    SBR MVP
    • 04-20-09
    • 4215

    #2
    how is your liquidity? Can it stand a couple of months while you patiently clear it?
    Comment
    • G's pks
      Restricted User
      • 01-01-09
      • 22251

      #3
      12x??? Thats a lot but it can be done... is there a reduced juice option at this book...might be better...
      Comment
      • HedgeHog
        SBR Posting Legend
        • 09-11-07
        • 10128

        #4
        Given 110 lines, and all things being equal (no +EV advantage on anything), you will lose $100 by taking the bonus. Simply put, you need to bet $12,000 which will net you a $600 loss ($6000 winners vs $6600 losers) from your $1000 balance (your $500 + $500 bonus), leaving you $400 or $100 less than your non-bonus starting point.
        Comment
        • warriorfan707
          SBR Posting Legend
          • 03-29-08
          • 13698

          #5
          Originally posted by HedgeHog
          Given 110 lines, and all things being equal (no +EV advantage on anything), you will lose $100 by taking the bonus. Simply put, you need to bet $12,000 which will net you a $600 loss ($6000 winners vs $6600 losers) from your $1000 balance (your $500 + $500 bonus), leaving you $400 or $100 less than your starting point.
          But this is assuming I only hit at 50%.
          Comment
          • stevex
            SBR Hall of Famer
            • 05-02-10
            • 5122

            #6
            I recently just took 50% cash bonus at EasyStreet on a $600 deposit, rollover is 8x.
            Comment
            • warriorfan707
              SBR Posting Legend
              • 03-29-08
              • 13698

              #7
              Originally posted by stevex
              I recently just took 50% cash bonus at EasyStreet on a $600 deposit, rollover is 8x.
              They told me they would give me 100% cash bonus, but 12X rollover.

              They told me for 40% cash bonus they would do 8X.
              Comment
              • BET THE HOOK
                SBR MVP
                • 02-16-09
                • 1947

                #8
                I get 100% cash at 10x roll and it really doesn't take long to roll it over.
                Comment
                • HedgeHog
                  SBR Posting Legend
                  • 09-11-07
                  • 10128

                  #9
                  Originally posted by warriorfan707
                  But this is assuming I only hit at 50%.
                  Yes, that's why I said all things being equal. If you really have an edge, then by all means take the bonus.
                  Comment
                  • warriorfan707
                    SBR Posting Legend
                    • 03-29-08
                    • 13698

                    #10
                    Originally posted by BET THE HOOK
                    I get 100% cash at 10x roll and it really doesn't take long to roll it over.
                    what book?
                    Comment
                    • stevex
                      SBR Hall of Famer
                      • 05-02-10
                      • 5122

                      #11
                      BET THE HOOK, what book?
                      Comment
                      • Bill Dozer
                        www.twitter.com/BillDozer
                        • 07-12-05
                        • 10894

                        #12
                        Originally posted by HedgeHog
                        Given 110 lines, and all things being equal (no +EV advantage on anything), you will lose $100 by taking the bonus. Simply put, you need to bet $12,000 which will net you a $600 loss ($6000 winners vs $6600 losers) from your $1000 balance (your $500 + $500 bonus), leaving you $400 or $100 less than your non-bonus starting point.
                        Originally posted by warriorfan707

                        But this is assuming I only hit at 50%.
                        And assuming you don't want to actually gamble. The vig is always going to be there fore bettors.

                        The answer depends what you want to do. For guys using a book with a website they like for a sports season, the rollover doesn't matter really. Other guys will roll 12x in a day of march madness. It depends on the book. Bookmaker will flash a nice half time half the time.
                        Comment
                        • HedgeHog
                          SBR Posting Legend
                          • 09-11-07
                          • 10128

                          #13
                          You make a good point, Bill. If you're going to gamble anyway, the bonus money would be the way to go (losing less) as long as the RO isn't an issue.
                          Last edited by HedgeHog; 02-28-11, 09:32 PM.
                          Comment
                          • bracerman
                            SBR Sharp
                            • 01-07-11
                            • 469

                            #14
                            The rollover is higher than I like, but with decent lines, I'm all over this.
                            Comment
                            • mikeanite
                              SBR Sharp
                              • 04-13-10
                              • 475

                              #15
                              Originally posted by warriorfan707
                              Deposit 500, get 500 cash, start with 1k.

                              But you gotta wager 12k (and thats the lower of the risk or win amount).

                              I'm thinking it might be better to just go with no bonus at all, this is honestly a tough one.
                              Warrior, what book is offering this?
                              Comment
                              • warriorfan707
                                SBR Posting Legend
                                • 03-29-08
                                • 13698

                                #16
                                Originally posted by mikeanite
                                Warrior, what book is offering this?
                                East Street Sports

                                Rated C+ by SBR, (will most likely improve in the near future)

                                Talked to them today on the phone and really liked their customer service, it seemed like they would have accomodated any of my requests to get my business
                                Comment
                                • stikymess
                                  SBR MVP
                                  • 05-19-10
                                  • 3288

                                  #17
                                  Warrior,

                                  Did you pull the trigger on this already? I'm assuming there will/should be some sick bonuses coming up with March Madness and baseball arounf the corner.

                                  Weary of a C+ book when there are higher rated options, but will take the time to do some research.
                                  Comment
                                  • warriorfan707
                                    SBR Posting Legend
                                    • 03-29-08
                                    • 13698

                                    #18
                                    I don't anticipate any payout issues with them at all

                                    I will be depositing with them first thing in the morning. They will match whatever I send in cash, I can't pass that up. 12X rollover shouldn't be an issue.
                                    Comment
                                    • mvp123
                                      SBR MVP
                                      • 07-24-06
                                      • 1736

                                      #19
                                      id much rather take NO BONUS for reduced betting

                                      jmo tho
                                      Comment
                                      • yisman
                                        SBR Aristocracy
                                        • 09-01-08
                                        • 75682

                                        #20
                                        Originally posted by Bill Dozer
                                        Bookmaker will flash a nice half time half the time.
                                        What's that?
                                        [quote=jjgold;5683305]I win again like usual
                                        [/quote]

                                        [quote=Whippit;7921056]miami won't lose a single eastern conference game through end of season[/quote]
                                        Comment
                                        • mr.inpak
                                          SBR Sharp
                                          • 12-13-09
                                          • 449

                                          #21
                                          would never take it unless it is a A rated book
                                          Comment
                                          • warriorfan707
                                            SBR Posting Legend
                                            • 03-29-08
                                            • 13698

                                            #22
                                            If they were not solid we would have heard about it by now
                                            Comment
                                            • LUSabres
                                              SBR High Roller
                                              • 02-18-11
                                              • 231

                                              #23
                                              The rating doesn't mean everything; investing in SBR will definitely help that rating go up if its an otherwise sound book.
                                              Comment
                                              • Counterfeit Cash
                                                SBR Wise Guy
                                                • 01-03-11
                                                • 668

                                                #24
                                                Let me know how it works out for you, Warrior...I've had my eye on Easy for a while since the have my type of deposit method, but I was weary of the payout process.
                                                Comment
                                                • LordVodka
                                                  SBR Hall of Famer
                                                  • 08-17-09
                                                  • 5206

                                                  #25
                                                  Sounds like a good deal. Gonna use them next.
                                                  Comment
                                                  • jairocon
                                                    SBR Sharp
                                                    • 05-30-10
                                                    • 446

                                                    #26
                                                    If you're planning on betting with them regularly... then 12x rollover should be no issue. Issue is reliability of the sportsbook, and whether or not they will limit your action.
                                                    Comment
                                                    • pjesnik24
                                                      Restricted User
                                                      • 11-01-05
                                                      • 1286

                                                      #27
                                                      I took the 20% bonus with 20X rollover at dafabet for a very simply reason. I am going to bet there anyway and if they give me free 400euro I really do not care if it is 10X, 20X or 40X rollover as I will either bust and save myself 400 euro or I will bet more there and finish the rollover in few months and still have 400 euro more. Of course, I do not need that money for bills, loans or anything else that needs to be handled in the next few months so I guess the main decision you have to make is: do you need the money back soon? and, do you plan to bet there even after you finish the rollover or is the bonus the only reason to play there?
                                                      Comment
                                                      • yisman
                                                        SBR Aristocracy
                                                        • 09-01-08
                                                        • 75682

                                                        #28
                                                        20% with 20x rollover!?
                                                        [quote=jjgold;5683305]I win again like usual
                                                        [/quote]

                                                        [quote=Whippit;7921056]miami won't lose a single eastern conference game through end of season[/quote]
                                                        Comment
                                                        • przecinek
                                                          SBR Rookie
                                                          • 01-12-10
                                                          • 14

                                                          #29
                                                          Originally posted by warriorfan707
                                                          (and thats the lower of the risk or win amount).
                                                          I'm assuming you're talking about BETUS. If so then don't play there unless you have to.
                                                          Comment
                                                          • justonetime
                                                            SBR Sharp
                                                            • 11-17-09
                                                            • 297

                                                            #30
                                                            If you're going to gamble regardless, it's definitely worth it.
                                                            Comment
                                                            • Stallion
                                                              SBR MVP
                                                              • 03-21-10
                                                              • 3617

                                                              #31
                                                              12X is garbage. 4 or 5 would be ok.
                                                              Comment
                                                              • pjesnik24
                                                                Restricted User
                                                                • 11-01-05
                                                                • 1286

                                                                #32
                                                                Originally posted by yisman
                                                                20% with 20x rollover!?
                                                                yes, and I would even take 10% with 20x rollover. would you do that at pinnacle or even at the bookie which has better odds at pinnacle?
                                                                Comment
                                                                • patswin
                                                                  SBR MVP
                                                                  • 09-05-06
                                                                  • 1794

                                                                  #33
                                                                  overall not a bad offer i would do it as long as i was comfortable with the shop offering it
                                                                  Comment
                                                                  • pokerplayer22
                                                                    SBR MVP
                                                                    • 05-09-09
                                                                    • 1207

                                                                    #34
                                                                    Id be cautious with Easy street. They are run by the same guy that single handedly sent Jazz right down the toilet by slow paying and no paying people every chance he could.

                                                                    Trust me guys...a leopard doesnt change his spots overnight.
                                                                    Comment
                                                                    • katstale
                                                                      SBR MVP
                                                                      • 02-07-07
                                                                      • 3924

                                                                      #35
                                                                      Most places the answer is easy yes. This one requires more gamble than maybe the 12x indicates.
                                                                      Comment
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