Can someone explain bodogs bonus system please

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  • TopNotch
    SBR Sharp
    • 02-15-10
    • 280

    #1
    Can someone explain bodogs bonus system please
    I have taken advantage of their 100% unlimited bitcoin bonus. This has a 5 time rollover. However my "bonus balance" has gone down but not by as much as I would expect based on my total amount of wagers.

    I also see a "lock" amount next to some of the bonuses..... Anyone know how to make sense of this?
  • Crusherrr
    SBR MVP
    • 06-27-16
    • 3646

    #2
    If your bonus balance has gone down that means you have either lost some money on your bets or you've cleared part of the rollover. Bovada/Bodog has one of the easiest bonus systems to understand. If you click on the account balance it will even tell you how much more you need to wager to clear rollover.
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    • TopNotch
      SBR Sharp
      • 02-15-10
      • 280

      #3
      Originally posted by Crusherrr
      If your bonus balance has gone down that means you have either lost some money on your bets or you've cleared part of the rollover. Bovada/Bodog has one of the easiest bonus systems to understand. If you click on the account balance it will even tell you how much more you need to wager to clear rollover.
      In theory I agree, listing out the amount that is still a pending bonus is a good idea. And I see where it tracks your rollover percentage. However it doesn't line up properly.

      For example, for every 250 deposit you get a 250 bonus.... This has a five time rollover. So 2500 in wagers should release 250 in bonuses. However that hasn't happened. And on my transaction history after some bets there is a bonus amount released..... For example a $300 settled wager releases $30 in bonus funds. However after other bets nothing is released in my transaction history.
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      • Buffalo Nickle
        SBR MVP
        • 11-12-14
        • 3228

        #4
        You understand it right. Not all bets count toward rollover though. You might want to review the bonus terms and see what you are doing that is not counting.
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        • Buffalo Nickle
          SBR MVP
          • 11-12-14
          • 3228

          #5
          Another possibility, you may have bet too much and busted out. You have zero deposit money but still have rollover to meet. This is a tricky bonus. If you have taken multiple bonus, you will have to meet rollover on Bonus #1 before they start giving you money on Bonus #2.
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          • temple2010
            SBR MVP
            • 03-16-10
            • 1369

            #6
            hold on a second. is this a cash bonus or not? i understand the bonus is separate but, to keep it simple, if i bet the entire $250 cash and $250 bonus and i win my bet will my balance be $1000 cash now (minus the juice)??
            Comment
            • Buffalo Nickle
              SBR MVP
              • 11-12-14
              • 3228

              #7
              Originally posted by temple2010
              hold on a second. is this a cash bonus or not? i understand the bonus is separate but, to keep it simple, if i bet the entire $250 cash and $250 bonus and i win my bet will my balance be $1000 cash now (minus the juice)??
              No, Bovada is very smart. You get released $25 on a $250 bet and you get it all when you meet rollover. They have the smartest bonuses of any book from a book's perspective.
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              • TopNotch
                SBR Sharp
                • 02-15-10
                • 280

                #8
                Originally posted by Buffalo Nickle
                You understand it right. Not all bets count toward rollover though. You might want to review the bonus terms and see what you are doing that is not counting.
                All the bets should count. I've read the terms. For example some straight wagers on ncaa football have released a bonus, others haven't.

                I suspect it has something to do with the 'lock amount' that is showing next to some of the bonuses. The problem is they don't explain what this is or where it comes from. Ultimately I know what my total rollover should be and if it doesn't all get released at that point I'll get them to look into it. I assume the system is fair in the way it handles the bonuses, I was just hoping someone could shed some light.
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                • TopNotch
                  SBR Sharp
                  • 02-15-10
                  • 280

                  #9
                  Originally posted by temple2010
                  hold on a second. is this a cash bonus or not? i understand the bonus is separate but, to keep it simple, if i bet the entire $250 cash and $250 bonus and i win my bet will my balance be $1000 cash now (minus the juice)??
                  It's a cash bonus.
                  Comment
                  • Buffalo Nickle
                    SBR MVP
                    • 11-12-14
                    • 3228

                    #10
                    Originally posted by TopNotch
                    All the bets should count. I've read the terms. For example some straight wagers on ncaa football have released a bonus, others haven't.

                    I suspect it has something to do with the 'lock amount' that is showing next to some of the bonuses. The problem is they don't explain what this is or where it comes from. Ultimately I know what my total rollover should be and if it doesn't all get released at that point I'll get them to look into it. I assume the system is fair in the way it handles the bonuses, I was just hoping someone could shed some light.
                    Post your transaction history in order for last 10 bets and I can probably figure it out.
                    Last edited by Buffalo Nickle; 09-09-16, 03:22 PM.
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                    • temple2010
                      SBR MVP
                      • 03-16-10
                      • 1369

                      #11
                      Originally posted by Buffalo Nickle
                      No, Bovada is very smart. You get released $25 on a $250 bet and you get it all when you meet rollover. They have the smartest bonuses of any book from a book's perspective.
                      oh wtf- yeah, smart for them sure. thanks for the info.
                      Comment
                      • HedgeHog
                        SBR Posting Legend
                        • 09-11-07
                        • 10128

                        #12
                        Originally posted by Buffalo Nickle
                        No, Bovada is very smart. You get released $25 on a $250 bet and you get it all when you meet rollover. They have the smartest bonuses of any book from a book's perspective.
                        Certainly the best from a player's perspective. Not so sure it's +Ev for the Book.
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                        • Buffalo Nickle
                          SBR MVP
                          • 11-12-14
                          • 3228

                          #13
                          Originally posted by HedgeHog
                          Certainly the best from a player's perspective. Not so sure it's +Ev for the Book.
                          For the way Bovada does bonuses, it is to their advantage although perhaps not on this particular bonus. However, they will certainly come out better than the math would forecast.
                          Comment
                          • HedgeHog
                            SBR Posting Legend
                            • 09-11-07
                            • 10128

                            #14
                            Originally posted by temple2010
                            hold on a second. is this a cash bonus or not? i understand the bonus is separate but, to keep it simple, if i bet the entire $250 cash and $250 bonus and i win my bet will my balance be $1000 cash now (minus the juice)??
                            Yes it's cash, and you'll have roughly $1000 to bet after winning that bet.
                            Comment
                            • Legions36
                              SBR MVP
                              • 12-17-10
                              • 3032

                              #15
                              Originally posted by HedgeHog
                              Yes it's cash, and you'll have roughly $1000 to bet after winning that bet.
                              Thanks for clearing this up cause they just made it seem that you cant even bet the bonus balance, and it gets released intead. I haven't played here in a while but this bonus seems on point.
                              Comment
                              • TopNotch
                                SBR Sharp
                                • 02-15-10
                                • 280

                                #16
                                Ok, here are some settled wagers from last night. The last wager to be settled and have any bonus funds released was the Red Sox/Jays game. Every wager leading up to that had bonus funds released as expected.

                                Then the Jays game had $52.75 released instead of the $55 I would expect. This line appears after that, implying that one of the active bonuses was fully released:

                                Bonus Closed: $264.88 Unlocked$0.00

                                After that wager no more bonus funds are released, even though I have more active bonuses and bonus funds in my account.


                                Sep 10, 2016
                                3:06 AM
                                SETTLED Single #(Lose) (Placed by web)
                                Baseball - MLB - Runline - Match
                                San Francisco Giants @ Arizona Diamondbacks
                                San Francisco Giants -1.5 (-130), Sep 09/16@9:40p (Lose)
                                Risked CA$ 325.00 to win CA$ 250.00


                                SETTLED Single # (Win) (Placed by web)
                                Baseball - MLB - Moneyline - Match
                                Texas Rangers @ Los Angeles Angels
                                Texas Rangers -129, Sep 09/16@10:05p (Win)
                                AMERICAN LEAGUE
                                Risked CA$ 322.50 to win CA$ 250.00


                                SETTLED Single # (Win) (Placed by web)
                                Baseball - MLB - Moneyline - Match
                                Colorado Rockies @ San Diego Padres
                                Colorado Rockies -110, Sep 09/16@10:40p (Win)
                                NATIONAL LEAGUE
                                Risked CA$ 275.00 to win CA$ 250.00





                                SETTLED Single # (Win) (Placed by web)
                                Baseball - MLB - Moneyline - Match
                                Seattle Mariners @ Oakland Athletics
                                Seattle Mariners -136, Sep 09/16@10:05p (Win)
                                AMERICAN LEAGUE
                                Risked CA$ 340.00 to win CA$ 250.00



                                SETTLED Single # (Lose) (Placed by web)
                                Football - College - Point Spread - Match
                                Louisville @ Syracuse
                                Syracuse +17.0 (-115), Sep 09/16@8:00p (Lose)
                                This game can be seen on {ESPN2}
                                Risked CA$ 287.50 to win CA$ 250.00



                                SETTLED Single # (Lose) (Placed by web)
                                Baseball - MLB - Moneyline - Match
                                New York Mets @ Atlanta Braves
                                Atlanta Braves -125, Sep 09/16@7:35p (Lose)
                                NATIONAL LEAGUE
                                Risked CA$ 1250.00 to win CA$ 1000.00



                                SETTLED Single #(Win) (Placed by web)
                                Football - College - Total - Match
                                Maryland @ Florida International
                                Under +56.0 (-105), Sep 09/16@7:30p (Win)
                                Risked CA$ 262.50 to win CA$ 250.00


                                SETTLED Single #(Lose) (Placed by web)
                                Baseball - MLB - Runline - Match
                                Philadelphia Phillies @ Washington Nationals
                                Washington Nationals -1.5 (-145), Sep 09/16@7:05p (Lose)
                                Risked CA$ 362.50 to win CA$ 250.00




                                Bonus Closed: $264.88 Unlocked$0.00




                                REL-BGSS_WON Rollover Complete: $52.75 Released to Cash$52.75


                                SETTLED Single # (Win) (Placed by web)
                                Baseball - MLB - Moneyline - Match
                                Boston Red Sox @ Toronto Blue Jays
                                Boston Red Sox -110, Sep 09/16@7:07p (Win)
                                Risked CA$ 550.00 to win CA$ 500.00




                                REL-BGSS_WON Rollover Milestone: $100.00 Released to Cash$100.00


                                SETTLED Single # (Win) (Placed by web)
                                Baseball - MLB - Moneyline - Match
                                Los Angeles Dodgers @ Miami Marlins
                                Miami Marlins +130, Sep 09/16@7:10p (Win)
                                NATIONAL LEAGUE
                                Risked CA$ 1000.00 to win CA$ 1300.00




                                REL-BGSS_LOST Rollover Milestone: $33.00 Released to Cash$33.00


                                SETTLED Single # (Lose) (Placed by web)
                                Baseball - MLB - Runline - Match
                                Los Angeles Dodgers @ Miami Marlins
                                Miami Marlins -3.5 (-165), Sep 09/16@7:10p (Lose)
                                Risked CA$ 330.00 to win CA$ 200.00





                                REL-BGSS__LOST Rollover Milestone: $38.75 Released to Cash$38.75


                                SETTLED Single # (Lose) (Placed by web)
                                Baseball - MLB - Moneyline - Match
                                Cincinnati Reds @ Pittsburgh Pirates
                                Pittsburgh Pirates -155, Sep 09/16@7:05p (Lose)
                                NATIONAL LEAGUE
                                Risked CA$ 387.50 to win CA$ 250.00




                                REL-BGSS__WON Rollover Milestone: $25.50 Released to Cash$25.50


                                SETTLED Single # (Win) (Placed by web)
                                Baseball - MLB - Moneyline - Match
                                Baltimore Orioles @ Detroit Tigers
                                Detroit Tigers -102, Sep 09/16@7:08p (Win)
                                AMERICAN LEAGUE
                                Risked CA$ 255.00 to win CA$ 250.00
                                Comment
                                • Buffalo Nickle
                                  SBR MVP
                                  • 11-12-14
                                  • 3228

                                  #17
                                  Bust out on $300 bet. See #5
                                  Comment
                                  • temple2010
                                    SBR MVP
                                    • 03-16-10
                                    • 1369

                                    #18
                                    Originally posted by Legions36
                                    Thanks for clearing this up cause they just made it seem that you cant even bet the bonus balance, and it gets released intead. I haven't played here in a while but this bonus seems on point.
                                    i just bet my entire balance ($250 cash and $250 bonus) on wake forest and they won - betting balance is $940 (cause of the juice)
                                    Comment
                                    • TopNotch
                                      SBR Sharp
                                      • 02-15-10
                                      • 280

                                      #19
                                      Originally posted by Buffalo Nickle
                                      Bust out on $300 bet. See #5
                                      I never busted out. Even when all these were pending I had plenty of balance in my account.
                                      Comment
                                      • Buffalo Nickle
                                        SBR MVP
                                        • 11-12-14
                                        • 3228

                                        #20
                                        Originally posted by TopNotch
                                        I never busted out. Even when all these were pending I had plenty of balance in my account.
                                        I'm assuming your bonus is pushed forward and all cash is pushed back. You cleared bonus #1 and busted out on your first bet bonus #2.
                                        Comment
                                        • Buffalo Nickle
                                          SBR MVP
                                          • 11-12-14
                                          • 3228

                                          #21
                                          Originally posted by temple2010
                                          i just bet my entire balance ($250 cash and $250 bonus) on wake forest and they won - betting balance is $940 (cause of the juice)
                                          I guess they will let you access the whole balance on your first bet in hopes you will bust out straight away.
                                          Comment
                                          • TopNotch
                                            SBR Sharp
                                            • 02-15-10
                                            • 280

                                            #22
                                            Originally posted by Buffalo Nickle
                                            I'm assuming your bonus is pushed forward and all cash is pushed back. You cleared bonus #1 and busted out on your first bet bonus #2.
                                            I have a few of the 100% bonuses pending, there was several bets in a row where none of them counted towards any rollover. It doesn't make sense that these bets aren't counted towards any of the bonuses left in my account.
                                            Comment
                                            • Buffalo Nickle
                                              SBR MVP
                                              • 11-12-14
                                              • 3228

                                              #23
                                              That's how it works.
                                              Comment
                                              • TopNotch
                                                SBR Sharp
                                                • 02-15-10
                                                • 280

                                                #24
                                                So yesterday I did a bit of testing and it looks like bodog will only let you work towards clearing one bonus at a time. Any wagers made over and beyond the rollover for the bonus you're working on won't be applied to the next bonus in line.

                                                For example, if you took advantage of the 100% bitcoin bonus 8 times, you would have 8 $250 bonuses in the account that need to be cleared. Each have a $2500 rollover. If you make $4000 in wagers right away, eve though in theory this should clear $400 in bonuses, it will only clear the first $250 in bonuses and it won't affect the next bonus In line. Only until the first bonus has cleared will new bets (as in placed after it has cleared) have an impact on the next one.

                                                You're best to only have pending wagers in the amount needed to clear the first bonus in line. So if you have $50 left to clear in the first bonus, then having any wagers above and beyond the $500 pending won't have an impact on your other bonus amounts.

                                                It's an odd way of doing things and obviously not player friendly, but at least I now know what it's doing.
                                                Comment
                                                • Buffalo Nickle
                                                  SBR MVP
                                                  • 11-12-14
                                                  • 3228

                                                  #25
                                                  Originally posted by TopNotch
                                                  So yesterday I did a bit of testing and it looks like bodog will only let you work towards clearing one bonus at a time. Any wagers made over and beyond the rollover for the bonus you're working on won't be applied to the next bonus in line.

                                                  For example, if you took advantage of the 100% bitcoin bonus 8 times, you would have 8 $250 bonuses in the account that need to be cleared. Each have a $2500 rollover. If you make $4000 in wagers right away, eve though in theory this should clear $400 in bonuses, it will only clear the first $250 in bonuses and it won't affect the next bonus In line. Only until the first bonus has cleared will new bets (as in placed after it has cleared) have an impact on the next one.

                                                  You're best to only have pending wagers in the amount needed to clear the first bonus in line. So if you have $50 left to clear in the first bonus, then having any wagers above and beyond the $500 pending won't have an impact on your other bonus amounts.

                                                  It's an odd way of doing things and obviously not player friendly, but at least I now know what it's doing.
                                                  I don't think that is quite right. The additional bets would be applied to the next bonus. But you busted out 6x.
                                                  Comment
                                                  • futbolmundial
                                                    Restricted User
                                                    • 10-28-15
                                                    • 160

                                                    #26
                                                    Seems like a bait and switch to get deposits in. Never have I played at a shop with bonus rules and terms like these... To be fair I can't play at bovada due to them not accepting players from the state I reside in so there's no way for me to try this bonus out. Seems like I'm not missing out on anything after reading these complicated terms.
                                                    Comment
                                                    • TopNotch
                                                      SBR Sharp
                                                      • 02-15-10
                                                      • 280

                                                      #27
                                                      Originally posted by Buffalo Nickle
                                                      I don't think that is quite right. The additional bets would be applied to the next bonus. But you busted out 6x.
                                                      It's the only way I've made sense of the bonus amounts being released. In the wagers I posted, a bonus was being released until 1 of the $250 bonuses was finished....after that none of the settled wagers were releasing any bonus. some of the pending bonuses still show a "lock amount", so we'll see if suddenly a whole chunk is released at once.....but for now that explanation is the only one that matches my wagers and the way the bonuses have been released
                                                      Comment
                                                      • Buffalo Nickle
                                                        SBR MVP
                                                        • 11-12-14
                                                        • 3228

                                                        #28
                                                        Lock amount has something to do with cashing out the bonus early. Bovada will let you cash out at any time. That is what the lock amount refers to.
                                                        Comment
                                                        • Krashman
                                                          SBR MVP
                                                          • 07-24-09
                                                          • 3733

                                                          #29
                                                          The rollover literally applies to the bonus only.

                                                          If you have $1000 balance plus $500 bonus and you bet all $1500 in multiple bets, all in play at one time, it only counts as $500 toward the rollover. Because you only bet the bonus one time.

                                                          Your first bets up to the full bonus amounts use the bonus funds.

                                                          If you bet the $500 bonus by itself and double it up, you now have $1000 bonus. The pending rollover decreases by $500.

                                                          If you bet the $500 bonus by itself and it loses, you have busted out. All rollover should be zeroed out.

                                                          Once you complete rollover the bonus amount is added to your balance.

                                                          Best strategy is to bet only the bonus amount until the rollover is zero, if you are concerned about every bet counting as rollover.
                                                          Last edited by Krashman; 09-11-16, 03:33 PM.
                                                          Comment
                                                          • HedgeHog
                                                            SBR Posting Legend
                                                            • 09-11-07
                                                            • 10128

                                                            #30
                                                            One huge plus with Bovada is that the entire risk amount counts toward the bonus. If you bet $1000 to win $500 on the ML, $1000 counts toward RO. Most Books count the lesser of the two ($500).
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