Maybe I'm one of those people who is holding on to the slimmest of hope that something can be worked out, but why couldn't a book do something like this:
1) Cover your Betislands balance provided that you match it
2) Give the account a 20x rollover
3) Impose the following limits
NFL: $500
CFB: $300
NBA: $300
CBB: $200
MLB: $200
You will not attract the big balances (many of them sharper players) because these terms will not work for them. Believe me, I feel worse for the people who lost life changing money than I do for myself, but I'm just trying to be realistic, and looking at this from a book's perspective.
Say a player had 3K, if a book allowed this, they match it and are into the player for 3K to start off. If a player is betting into -110 lines, and has to make $120,000 worth of wagers, the book is.....
Up $3,000 provided the player hits 50%
Up $1,580 provided the player hits 51%
A player would need to hit 51.4% to break even, or the same as dealing a -106 line if they didn't have any kind of bonus.
They'd gain some good will, good publicity, and new clients. This doesn't seem that unreasonable.
1) Cover your Betislands balance provided that you match it
2) Give the account a 20x rollover
3) Impose the following limits
NFL: $500
CFB: $300
NBA: $300
CBB: $200
MLB: $200
You will not attract the big balances (many of them sharper players) because these terms will not work for them. Believe me, I feel worse for the people who lost life changing money than I do for myself, but I'm just trying to be realistic, and looking at this from a book's perspective.
Say a player had 3K, if a book allowed this, they match it and are into the player for 3K to start off. If a player is betting into -110 lines, and has to make $120,000 worth of wagers, the book is.....
Up $3,000 provided the player hits 50%
Up $1,580 provided the player hits 51%
A player would need to hit 51.4% to break even, or the same as dealing a -106 line if they didn't have any kind of bonus.
They'd gain some good will, good publicity, and new clients. This doesn't seem that unreasonable.