[BAUS]

Let's say I were to request a 2k payout via Neteller from Sexywagers. What are the odds I get paid within 24 hours?

Thank you.

BAUS

[SBR_John]

Depends on when. Consider it a game of musical chairs with lower rated books. Things are fine while the music plays.

[Doug]

Probably pretty good, they just opened recently, should be jumping to pay and look good from the start.

[bigboydan]

i'd have to agree with doug on this one baus.

[SexyManager]

Originally Posted by BAUS

Let's say I were to request a 2k payout via Neteller from Sexywagers. What are the odds I get paid within 24 hours?

Thank you.

BAUS

What if i say that you would get paid if you withdrawl $1 or $1,000,000?
It doesnt matter. Just words. Thats what i would be thinking. Means nothing. Action means something.
The only thing that matters is action and time. And time will tell.
I wish i could say more. but until we get the track record there isnt much to say.
But, as you guys say new books are managed badly, CS stinks and owners take or loose players money.
We dont. So i understand the negative comments.
I intend on proving, over time that we are solid and here to stay.

Paul

[bigboydan]

paul, the reason Baus is basicly asking you this. it's because, he has been stiffed in the past.

i have been trying to aquire a bailout offer for him for quite some time now, but have been unsuccessful. maybe you can be of some assistance to him with this matter?

i can confirm he has been stiffed in the past along with the amount. other than that it's upto you if you can help him out or not.

[Terris]

Originally Posted by bigboydan

paul, the reason Baus is basicly asking you this. it's because, he has been stiffed in the past.

Playing for the big buck to max bonuses at new/shit books is asking for that sort of trouble.
There are so many top/decent books that give reload bonuses too.

[SBR_John]

The sharks know they can get in early because these books have some investment money to blow plus the postup. But how long will the music play, that's the trick and its not easy to time. Most of the recent failures have netted guys in this group who were taken down by surprize.

You venture off the 1st and 2nd tier books into this level of quality and its simply day to day.

[Doug]

They don't seem to be offering excessive bonuses. John seems to have a bad opinion here, how did the meeting go ?

[isetcap]

Originally Posted by SexyManager

What if i say that you would get paid if you withdrawl $1 or $1,000,000?
It doesnt matter. Just words. Thats what i would be thinking. Means nothing. Action means something.
The only thing that matters is action and time. And time will tell.
I wish i could say more. but until we get the track record there isnt much to say.
But, as you guys say new books are managed badly, CS stinks and owners take or loose players money.
We dont. So i understand the negative comments.
I intend on proving, over time that we are solid and here to stay.

Paul

Hey Paul,
Johnny called and asked that you give him his defensive responses back.

[marc]

fwiw, I withdrew $900 in winnings this morning. Got paid within 30 minutes. Eve, the CS person is really nice.

I would point out that they have a rather unique way of calculating the rollover. The only funds that seem to count toards the roll are where you risk your inital deposit and bonus. Wagers where you risk previous winnings don't count..

ex: you deposit $1000 get a $200 bonus. Your risk the $1200 and win 1k. SO now you've rolled your money once.
Next day you wager anohter $1200 to win 1k. Now you are using 1k of winnings and only 200 form your inital deposit, so only $200 goes towards the roll.

Now lets say you win again. The next day the first 2k you wager won''t count towards the roll..

At least that's the way I understand it. So just be aware of that when trying to determine whether you've complated the roll or not.

[BAUS]

That is important to know. Thanks Marc.

BAUS

[Mudcat]

Originally Posted by marc

I would point out that they have a rather unique way of calculating the rollover. The only funds that seem to count toards the roll are where you risk your inital deposit and bonus. Wagers where you risk previous winnings don't count..

ex: you deposit $1000 get a $200 bonus. Your risk the $1200 and win 1k. SO now you've rolled your money once.
Next day you wager anohter $1200 to win 1k. Now you are using 1k of winnings and only 200 form your inital deposit, so only $200 goes towards the roll.

Now lets say you win again. The next day the first 2k you wager won''t count towards the roll..

At least that's the way I understand it. So just be aware of that when trying to determine whether you've complated the roll or not.

:wow:

You've got to be kidding.

I've now read that 3 times so I think I am clear on what you are saying.

Paul, that can't be right, can it?

[joe blow]

Originally Posted by marc

fwiw, I withdrew $900 in winnings this morning. Got paid within 30 minutes. Eve, the CS person is really nice.

I would point out that they have a rather unique way of calculating the rollover. The only funds that seem to count toards the roll are where you risk your inital deposit and bonus. Wagers where you risk previous winnings don't count..

ex: you deposit $1000 get a $200 bonus. Your risk the $1200 and win 1k. SO now you've rolled your money once.
Next day you wager anohter $1200 to win 1k. Now you are using 1k of winnings and only 200 form your inital deposit, so only $200 goes towards the roll.

Now lets say you win again. The next day the first 2k you wager won''t count towards the roll..

At least that's the way I understand it. So just be aware of that when trying to determine whether you've complated the roll or not.

So what happens if you win say 20 games in a row for a dime.According to this it won''t count towards the rollover????

[SBR_John]

They don't seem to be offering excessive bonuses. John seems to have a bad opinion here, how did the meeting go ?

Its the same opinion I have on every new book. With the industry 1st year failure rate historically at 75%, that would mean I will bat .750. Maybe they will make it, I guess the good news is they have a 1 in 4 chance of being around this time next year.

[SexyManager]

Originally Posted by Mudcat

:wow:

You've got to be kidding.

I've now read that 3 times so I think I am clear on what you are saying.

Paul, that can't be right, can it?

Yea, It's right. Why?

Paul

[isetcap]

Paul is helpful.

[tacomax]

Originally Posted by SexyManager

Yea, It's right. Why?

I think that Mudcat wanted clarification because it might have been the first time he's heard of such a rule. I'm sure it must have been complimentary - maybe he thinks that you're so innovative that he can't quite believe it.

[Mudcat]

Originally Posted by SexyManager

Yea, It's right. Why?

Paul

Well because of the point joe blow is making. A win or two, and your bets very quickly stop counting towards your rollover. How would someone who only likes to place a bet every couple of days complete his rollover?

The only way I could see would be to force a lot of bets he doesn't want.

[SexyManager]

Ok, it's simple. A player must complete the standard roll over of the original deposit to qualify for the bonus.
Rolling over winnings wont count toward the bonus. I dont think any shops allow that.
I think our policy is better than most.

Paul

[tacomax]

Originally Posted by SexyManager

I think our policy is better than most.

Admittedly, from your point of view it's an excellent policy.

[marc]

Mudcat,

It's not as bad as it seems. You are allowed to withdraw winnings. So if you withdraw your winnings then your next wagers will count towards the roll.

Paul,

To the best of my knowledge, you are th only book that doens't count winnings towards the rollover. But as long as you allow players to withdraw winnings, it doesn't make much difference.

[Doug]

That rollover accounting method is unlike any other I've ever heard of.

Standard is like this Paul...20% bonus 5X rollover

Send $1,000 get $200 bonus

Player owes $6,000 in action to keep bonus, usually measured by risk amount, sometimes lower of risk or win. Your method is non-standard to say the very least.

[Terris]

Originally Posted by SexyManager

Rolling over winnings wont count toward the bonus. I dont think any shops allow that.
I think our policy is better than most.

lmao...ok that statement alone is enough for me, hilarious.

[Doug]

Originally Posted by marc

Mudcat,

It's not as bad as it seems. You are allowed to withdraw winnings. So if you withdraw your winnings then your next wagers will count towards the roll.

Paul,

To the best of my knowledge, you are th only book that doens't count winnings towards the rollover. But as long as you allow players to withdraw winnings, it doesn't make much difference.

That could be OK if they have free unlimited Neteller like Canbet, Mansion, or Wagerweb, but the policy shows a lack of understanding what the competition does. More likely you'll be paying excessive fees this way if you win.

[SexyManager]

Originally Posted by marc

Mudcat,

It's not as bad as it seems. You are allowed to withdraw winnings. So if you withdraw your winnings then your next wagers will count towards the roll.

Paul,

To the best of my knowledge, you are th only book that doens't count winnings towards the rollover. But as long as you allow players to withdraw winnings, it doesn't make much difference.

That's right, we allow players to withdrawl the winnings. Then they are back to rolling the original deposit. Then, as soon as the bonus requierment is made, the money is yours.

paul

[Doug]

ridiculous policy ! Are all withdrawals free, or one a month, or what ?

[Santo]

It's either going to cost the book or the players a ton in payout fees.. and that's about all it will achieve apart from catching some uunsuspecting punters out.

[Doug]

shows they have no clue how to run a book.

[Terris]

does that surprise you Doug? I mean come on...SexyManager lol, i would send them monopoly money - maybe ^^

[isetcap]

Originally Posted by marc

Mudcat,

It's not as bad as it seems. You are allowed to withdraw winnings. So if you withdraw your winnings then your next wagers will count towards the roll.

Paul,

To the best of my knowledge, you are th only book that doens't count winnings towards the rollover. But as long as you allow players to withdraw winnings, it doesn't make much difference.

I disagree. It does make a difference. Essentially I would classify this as a "sticky" bonus in that it is only in rare situations the bonus will actually become cash.

For example, I wager with the bonus and win. The bonus has been rolled over once. I cash out. I have to execute that successfully 4 times to be able to cash the bonus money. Every time I am wagering with the bonus money, I better win or else the bonus goes away.

[Doug]

Originally Posted by isetcap

I disagree. It does make a difference. Essentially I would classify this as a "sticky" bonus in that it is only in rare situations the bonus will actually become cash.

For example, I wager with the bonus and win. The bonus has been rolled over once. I cash out. I have to execute that successfully 4 times to be able to cash the bonus money. Every time I am wagering with the bonus money, I better win or else the bonus goes away.

I don't see it as sticky, sticky means it can never be withdrawn ( Carib). This appears to be withdrawable, but you the RO doesn't count if bet with winnings, so you have to withdraw winnings, then bet with deposit money...asinine !

This is worthy of Royal.

[Ganchrow]

Without speaking to Sexy Wager's prospects for long term survival within the industry, I can say that I don't think thier bonus structure overly onerous. It's certainly nonstandard but it still has value and is in many ways superior to a bonus structure that counted wagered winnings towards the rollover but did not permit early withdrawals.

[Ganchrow]

Originally Posted by isetcap

I disagree. It does make a difference. Essentially I would classify this as a "sticky" bonus in that it is only in rare situations the bonus will actually become cash.

For example, I wager with the bonus and win. The bonus has been rolled over once. I cash out. I have to execute that successfully 4 times to be able to cash the bonus money. Every time I am wagering with the bonus money, I better win or else the bonus goes away.

Agreed. Certainly this is better than a sticky -- just not by very much.

Nevertheless, a sticky bonus IS a bonus and does have value.

[isetcap]

Originally Posted by ganchrow

Without speaking to Sexy Wager's prospects for long term survival within the industry, I can say that I don't think thier bonus structure overly onerous. It's certainly nonstandard but it still has value and is in many ways superior to a bonus structure that counted wagered winnings towards the rollover but did not permit early withdrawals.

Absolutely correct. Indeed it does have value.