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8x rollover?

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Prospect
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Posted: #1
What exactly does this mean?  Say it's $64 free.  Do you have to bet 8x times over or win 8x over.  I'm confused
 
 
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Posted: #2
Do you have to have $ 512 in your account or just bet a total of $512
 
Legend
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Posted: #3
You have to roll over your DEPOSIT amount 8 times.
 
If you deposit 100 bucks, you have to bet 800 bucks total.
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Posted: #4
There was no deposit. They gave $64 free for signing up for the tourney on betphoenix.com
 
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Posted: #5
64X8= 512
 
you have to play $512 in total action
 
You could end up with 8 $64 pushes...and you could then withdraw the $64
 
You could bet the $64 on a -1000 ml  ( yielding 6.40 ) and as long as you do that 8 times, you can then make a withdrawel
 
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Posted: #6
So you will have to wager 512 dollars before you can as for a payout.
 
Captain
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Posted: #7
Rollovers =     (In my opinion)
 
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Posted: #8
YOu have to bet The amount of the bonus eigth times in order to withdraw the bonus money.
 
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Posted: #9
Quote Originally Posted by atlheatholder:

Rollovers =     (In my opinion)

They have to some sort of rollover requirement otherwise you could deposit 10 grand or something get a 10-20 percent bonus, make one 50 dollar wager and then ask for a withdrawl....

 
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Posted: #10
Quote Originally Posted by kuddish:

So you will have to wager 512 dollars before you can as for a payout.

Ifnthe case of a 64 dollar bonus requiring 8 X rollover, yes

 
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Posted: #11
no, its 8x whatever your first winning wager is, i talked to a rep, the same guy also told me that the maximum you can cash out is 250, i guess its free money, but still he said any winnings over 2500 are forfeighted to the site
 
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Posted: #12
Quote Originally Posted by spoondiggidy9:

no, its 8x whatever your first winning wager is, i talked to a rep, the same guy also told me that the maximum you can cash out is 250, i guess its free money, but still he said any winnings over 2500 are forfeighted to the site


yeah that sounds more like it
 
Legend
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Posted: #13
its all good if u plan on keepin money and not losing anyways right ...
 
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Posted: #14
Quote Originally Posted by Flutiemaniac341:

they gave me the 64$ free play account. placed all my bets on dogs for best possible payout first day. when you dont get anything in your account besides winnings its best to go big i think.
didnt work so well went 1-2 on the dogs they released 27 into the account off the one win. didnt take long to rollover. got the account up to 217, will release the funds through moneybookers tomorrow. will let you guys know. free money indeed!


Well, gotta keep in mind they max the payout at $250 so it might be a pain to have to rollover big amounts like $100 +  8 times.
 
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Posted: #15
I work in a book.
You are wrong. The rollover is the amount of your bonus X whatever amount of times the rollover is. It has nothing to do with the amount of your first wager. It is done this way to keep people from making a deposit like $1000, get $100-$200, make a $5 bet and withdraw all the money left.  Is common sense.
joepa510 is right.
 
 
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Posted: #16
Quote Originally Posted by Roach86:

I work in a book.
You are wrong. The rollover is the amount of your bonus X whatever amount of times the rollover is. It has nothing to do with the amount of your first wager. It is done this way to keep people from making a deposit like $1000, get $100-$200, make a $5 bet and withdraw all the money left.  Is common sense.
joepa510 is right.
 


No, wrong.

It is a special contest we are talking about and not a deposit bonus.

It is clearly explained that only the profit made off the initial 64$ will need to be roll-overed. We are not talking about a deposit bonus rollover.
 
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Posted: #17
No, dude.
Is the same thing. It is a bonus. When it goes to your balance it is not set apart. but combined with wathever bonus for deposits/ promotions you have in your balance.
All bonuses work the same way in the same book. Unless otherwise specified by the providor, it works exactly as a deposit bonus.
Again. you are wrong.
 
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Posted: #18
Quote Originally Posted by Roach86:

No, dude.
Is the same thing. It is a bonus. When it goes to your balance it is not set apart. but combined with wathever bonus for deposits/ promotions you have in your balance.
All bonuses work the same way in the same book. Unless otherwise specified by the providor, it works exactly as a deposit bonus.
Again. you are wrong.


Ok, dude, let's settle this right now and clarify everything so people don't get confused. I should have mentioned it's a free play bonus.

Read this:

New Accounts Get $64 Free To Bet On March Madness From Betphoenix.

Also Enjoy:

Great Bonuses!
Same Day Payouts!
Reduced Juice Options!


Free Money Restrictions:

*You must register your Betphoenix account number by phone or email to qualify for the free account.

*8x roll on free play winnings required to qualify for withdrawal.

*Withdrawals will be made at the conclusion of The Tournament.

*$250 max cash out allowed on this promotion.

*1 item per person and per household.

*This free account promotion is for sports only. Casino transfers will result in loss of promotion.
 
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Posted: #19
Ok bro, that is something different.
You are right, you have to rollover the amount that you win with the free bet.
Now, you were talking about bonus money.
But this is a free bet.
The amount of the free bet is of no relevance, as it is forever lost after you place the bet. Winnings are going to be bonus money.
You have to roll over your winnings.
It sucks.
But you were right.
Respect
 
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Posted: #20
I wonder why they don't mention anything about betting both sides when you win big with the 64$ free play cause that would be the easiest way to get the free 250$.
 
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Posted: #21
Quote Originally Posted by Roach86:

Ok bro, that is something different.


Yeah I know, that's what I meant by "special contest" but no worries, just wanted to clear it up for those that were gonna give it a try. Don't know if the offer is still going on though.
 
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Posted: #22
Quote Originally Posted by elithepunk:

I wonder why they don't mention anything about betting both sides when you win big with the 64$ free play cause that would be the easiest way to get the free 250$.

Cause thy don't want us to win big money, or to get the $250

 
 
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Posted: #23
Quote Originally Posted by Roach86:

Cause thy don't want us to win big money, or to get the $250



I know- that's why I am wondering why they don't have that as being a contest rule.
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