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  1. #1

    Default Action bets

    Any one is playing with them right now?

    SBR Founder Join Date: 9/5/2005


  2. #2

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    I took them up on their free play of $21 with no deposit...so yes, currently I am...

    SBR Founder Join Date: 8/18/2005


  3. #3

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    Yes, never had a problem.

    BAUS

    SBR Founder Join Date: 8/10/2005


  4. #4

    Default

    Quote Originally Posted by BAUS
    Yes, never had a problem.

    BAUS

    BAUS,

    Thanks for your answer really. I am playing with them and have a decent balance.

    GL

    SBR Founder Join Date: 9/5/2005


  5. #5

    Default

    Same here. I've had over 10k in payouts from them without a problem. But they aren't an A+ book by any means. At this time of year, every book is a "suspect", IMO.

    BAUS

    SBR Founder Join Date: 8/10/2005


  6. #6

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    Quote Originally Posted by pags11
    I took them up on their free play of $21 with no deposit...so yes, currently I am...
    Same here. I got my balance up to $64, but I'm starting to slide backwards. Anyone know how the 10x rollover is supposed to work? If I get to $500 in posted wagers, can I cash out $50?

    SBR Founder Join Date: 10/6/2005


  7. #7

    Default

    Quote Originally Posted by slacker00
    Same here. I got my balance up to $64, but I'm starting to slide backwards. Anyone know how the 10x rollover is supposed to work? If I get to $500 in posted wagers, can I cash out $50?

    How to Calculate a Rollover

    Most of our promotions here at ActionBets come with what we call a "Rollover Requirement". This is depicted as a multiplication of a dollar amount.
    For example, when you make a deposit at ActionBets, you can either take a 10% cash bonus with a 3x rollover or, you can take a 20% cash bonus with a 6x rollover requirement.

    We add this requirement so you stick around and play for while, rather than taking the bonus money and running! We calculate a rollover by adding the lower value in the Risk/Win relationship.
    This value is called the "True Amount," and every wager has one.

    For example: You may bet on a team that is not favored, an "underdog" and Risk $10 to Win $15. We would add the $10, the lower number, towards the rollover.

    Likewise, if you were to bet on a heavily favored team, you may Risk $15 to Win $10. Again we would use the lower $10 to calculate towards your rollover.

    So, now if you deposited $1000 and took a 10% bonus with a 3x rollover you would end up with an opening balance of $1100.
    To calculate the rollover on the $1000 deposit, multiply your opening balance by the rollover requirement.

    Illustration 1:
    10% cash bonus 3 time rollover requirement
    $1000 deposit + $100 Cash Bonus =$1100
    Opening balance x 3 = $3300 rollover

    Illustration 2:
    20% cash bonus 6 time rollover requirement
    $1000 deposit + $200 Cash Bonus = $1200
    Opening balance x 6 = $7200 rollover

    By adding up the lowest of the Risk/Win amounts for every wager, one can calculate how much money has been used in a given rollover requirement, regardless of the outcome of the wager; win or lose, this makes no difference towards the rollover.

    Let's use 4 anonymous wagers from Nov 25th, 2005 as examples.

    Golden State money line -135 R135/W100
    Second Half wager Celtics -5 R108/W100
    Edmonton Oiler's Hockey bet +145 R100/W145
    Oklahoma State College Hoops bet -14.5 R54/W50

    This Actionbets anonymous account holder has complied with $350 towards his/her rollover requirement.

    SBR Founder Join Date: 9/5/2005


  8. #8

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    concorde,

    thanks for the explanation...I'm liking my experience so far...

    SBR Founder Join Date: 8/18/2005


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