12-24-09, 03:21 PM
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#1
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Anyone else thinking of playing exclusively at Rebatewager in 2010?
Need the 25% back on cash losses...
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12-27-09, 12:53 PM
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#2
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Rebates are only part of our offerings. Don't forget about our 25% free play bonus on all redeposits after losing your rebates or our free guaranteed next day payments when you win. |
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12-27-09, 12:55 PM
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#3
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If I was a losing player I would up with them.
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12-27-09, 12:56 PM
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#4
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Quote:
Originally Posted by 1st and Ten
If I was a losing player I would up with them.
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Rebatewager will go broke -there are no losing players here.
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12-27-09, 01:02 PM
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#5
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Quote:
Originally Posted by betplom
Rebatewager will go broke -there are no losing players here.
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12-27-09, 01:04 PM
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#6
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lot of guys are blade sharp over there.
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12-27-09, 01:16 PM
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#7
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Great book. But when I'm on a roll and say I'm up 3k, I like to bet it all. And the low limits at rebate wager doesnt allow that. Great book for people who dont bet a whole lot.  |
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12-27-09, 01:22 PM
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#8
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The concept rebate wager came up with is brilliant. Cash back for your cash losses which is a magnet for losing players. Like me.
I wouldn't worry about this book going broke anytime soon.
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12-27-09, 01:26 PM
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#9
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don't know how to fund em
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12-27-09, 01:29 PM
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#10
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I would play at rebate wager if they add *************** as a payment option.
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SBR Founder
Join Date:
8/11/2005
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12-27-09, 01:45 PM
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#11
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Great book, only complaint is they don't allow 1st half or 2nd half parlays. Great cus Ser. Great fast payouts
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12-27-09, 01:47 PM
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#12
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Quote:
Originally Posted by Richkas
Great book. But when I'm on a roll and say I'm up 3k, I like to bet it all. And the low limits at rebate wager doesnt allow that. Great book for people who dont bet a whole lot. |
Our limits are just another misconception about our product. Your max wager on your initial deposit cannot eceed 50% of your deposit amount. After 30 days you can reuest higher limts which are in line with most recreational books.
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12-27-09, 01:49 PM
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#13
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if you played at matchy the odds would probably end up being better
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12-27-09, 01:56 PM
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#14
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Quote:
Originally Posted by Rich Boy
if you played at matchy the odds would probably end up being better
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It's an interesting point. Our standard rebate is 25% but goes up to 50% for net losses of more then 10,000 a year. If someone wants to do the math and prove this theory we could arrange some free play.
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12-27-09, 01:59 PM
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#15
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^ No wonder why JJ loves this book ^
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12-27-09, 02:07 PM
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#16
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Quote:
Originally Posted by RebateWager
Our limits are just another misconception about our product. Your max wager on your initial deposit cannot eceed 50% of your deposit amount. After 30 days you can reuest higher limts which are in line with most recreational books.
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Right so if a new customer deposits 1k and in 2 weeks has it up to 4k and wants to bet anything over $500 he cant?
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12-27-09, 02:27 PM
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#17
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Nothing against RebateWager but why would you limit yourself to one book?
No need to take it to to extremes but just a small amount of line shopping would improve results by far more than a rebate on losses.
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12-27-09, 02:39 PM
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#18
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Quote:
Originally Posted by Richkas
Right so if a new customer deposits 1k and in 2 weeks has it up to 4k and wants to bet anything over $500 he cant?
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You are correct.
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12-27-09, 02:47 PM
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#19
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How do I get approval to bet overnights?
I play at rebatewager as my main book and 5 Dimes and Jamaica also if I need something Rebatewager does not have. It is good to have 3 solid books.
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SBR Founder
Join Date:
7/20/2005
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12-27-09, 02:50 PM
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#20
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Quote:
Originally Posted by RebateWager
Rebates are only part of our offerings. Don't forget about our 25% free play bonus on all redeposits after losing your rebates or our free guaranteed next day payments when you win. |
Great point 
So many people seem to forget this 
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12,665
SBR POKER TOP 100 19th Place 11/1/2011
$75 9500pts
SBR POKER CHAMPIONSHIP 4th Place 2/19/2011
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12-27-09, 02:51 PM
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#21
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Quote:
Originally Posted by Dunder
Nothing against RebateWager but why would you limit yourself to one book?
No need to take it to to extremes but just a small amount of line shopping would improve results by far more than a rebate on losses.
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You are 100% correct
Must have more than 1 out.
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12,665
SBR POKER TOP 100 19th Place 11/1/2011
$75 9500pts
SBR POKER CHAMPIONSHIP 4th Place 2/19/2011
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12-27-09, 02:53 PM
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#22
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yea
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12-27-09, 02:53 PM
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#23
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Quote:
Originally Posted by Richkas
Great book. But when I'm on a roll and say I'm up 3k, I like to bet it all. And the low limits at rebate wager doesnt allow that. Great book for people who dont bet a whole lot. |
Richie , that is terrible money management 
But I understand how you would like to bet more when winning
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12,665
SBR POKER TOP 100 19th Place 11/1/2011
$75 9500pts
SBR POKER CHAMPIONSHIP 4th Place 2/19/2011
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12-27-09, 04:52 PM
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#24
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'Where will Timmy T be in 5 years?
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NO, I haven't seen the need yet...... maybe it's something I'll look at in the new year.
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12-27-09, 04:55 PM
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#25
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SBR Founder
Join Date:
10/30/2005
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12-27-09, 05:58 PM
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#26
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Tried them. No reason to play there.
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SBR Founder
Join Date:
7/21/2005
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12-27-09, 06:03 PM
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#27
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Quote:
Originally Posted by RebateWager
It's an interesting point. Our standard rebate is 25% but goes up to 50% for net losses of more then 10,000 a year. If someone wants to do the math and prove this theory we could arrange some free play.
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Since you asked...
Assuming that a player has no edge ATS and is a 50% handicapper wagering to win $100 per game.
At Rebatewager (-110) his expected value per wager would be:
0.5 ($100) + 0.5(-$110) = -$5.00
At 25% rebate: -$5.00(0.75) = -$3.75/wager (-3.75%)
At 50% rebate: -$5.00(0.5) = -$2.50/wager (-2.5%)
At Matchbook (let's assume -102/-102 per wager and that they player is only accepting offers at 1% MB commission) with an effective line of -104.04 after commission:
0.5($100) + 0.5(-$104.04) = -$2.02/wager
Moral of the story:
You are much better off playing at Matchbook.
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12-27-09, 06:20 PM
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#28
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Not a chance. I play at Heritage, a book that you can't even compare to RW. I play at the best!
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12-27-09, 06:37 PM
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#29
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Quote:
Originally Posted by MonkeyF0cker
Since you asked...
Assuming that a player has no edge ATS and is a 50% handicapper wagering to win $100 per game.
At Rebatewager (-110) his expected value per wager would be:
0.5 ($100) + 0.5(-$110) = -$5.00
At 25% rebate: -$5.00(0.75) = -$3.75/wager (-3.75%)
At 50% rebate: -$5.00(0.5) = -$2.50/wager (-2.5%)
At Matchbook (let's assume -102/-102 per wager and that they player is only accepting offers at 1% MB commission) with an effective line of -104.04 after commission:
0.5($100) + 0.5(-$104.04) = -$2.02/wager
Moral of the story:
You are much better off playing at Matchbook.
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Nice work Son
Never worry about Matchbook because I do not think they are a competitor to any book...just look at volume and you shall see.
Americans want to play at traditional books period, do not get me wrong Matchbook is excellent for scalpers but that is about it.
God Bless
We will play at
rebatewager
5 dimes
jamaica
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SBR Founder
Join Date:
7/20/2005
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12-27-09, 06:44 PM
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#30
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Quote:
Originally Posted by jjgold
Nice work Son
Never worry about Matchbook because I do not think they are a competitor to any book...just look at volume and you shall see.
Americans want to play at traditional books period, do not get me wrong Matchbook is excellent for scalpers but that is about it.
God Bless
We will play at
rebatewager
5 dimes
jamaica |
LOL. That´s a convincing argument.
Suppose I went against the grain and did play at Matchy. Do you accept the numbers that Monkey posted?
Again, I have absolutely nothing against RebateWager but as a rule the more outs you have, the better you will do.
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12-27-09, 06:46 PM
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#31
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3-5 is all you need but all solid books
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SBR Founder
Join Date:
7/20/2005
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12-27-09, 06:53 PM
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#32
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Quote:
Originally Posted by jjgold
3-5 is all you need but all solid books
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For a recreational player (RebateWager´s market) I would´t disagree.
But then again a recreational player doesn´t need huge liquidity either. So why not Matchy as one of the 5?
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12-27-09, 07:30 PM
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#33
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Good math Monkey
No reason to play at Rebatewager
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12-27-09, 07:31 PM
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#34
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Quote:
Originally Posted by MonkeyF0cker
Since you asked...
Assuming that a player has no edge ATS and is a 50% handicapper wagering to win $100 per game.
At Rebatewager (-110) his expected value per wager would be:
0.5 ($100) + 0.5(-$110) = -$5.00
At 25% rebate: -$5.00(0.75) = -$3.75/wager (-3.75%)
At 50% rebate: -$5.00(0.5) = -$2.50/wager (-2.5%)
At Matchbook (let's assume -102/-102 per wager and that they player is only accepting offers at 1% MB commission) with an effective line of -104.04 after commission:
0.5($100) + 0.5(-$104.04) = -$2.02/wager
Moral of the story:
You are much better off playing at Matchbook.
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50% win/loss is a big assumption for the average bettor. How many participants in BTP are capping 50% or better?
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12-27-09, 07:34 PM
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#35
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Quote:
Originally Posted by RebateWager
50% win/loss is a big assumption for the average bettor. How many participants in BTP are capping 50% or better?
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You're right, here's the BTP numbers.
WLT: 10978-11678-465
Percent: 48.46 %
Units: -2,333.49
Perhaps we should adjust to 49%.
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