That was the only bet I ever placed there - happy days.
Originally Posted by Andy
Shame the $ was so weak at the time though.
(and because they kept changing the handicap I made a bit extra on that by accident)
If any book ever leaves itself in a position where it has to cheat back bonuses because of the financial implications of paying out then I'm afraid it is entirely their fault for 1) offering a promotion far beyond its means, 2) offering a promotion with no system in place to say "max number reached" and 3) offering a promotion without the basic knowledge of how that promotion will spread across the internet into the hands of all kinds of players.
Originally Posted by goroovy
No-one has a problem with any book ending an offer for whatever reason. They do have a problem with stealing though.
This was the offer that got me into online betting. By far the best I`ve ever seen It was on the opening game of NFL 2007.
Originally Posted by Andy
The indonesian guy who owned mansion wanted to make advertisment with the money he had to pay to ManU for the shirt sponsor deal that failed in preseason.
It was new and existing customers and I have to this day no idea why they ran it.
Curious enough if we examine the fate of Mansion, they couldnt make neither as a sportsbook, nor as exhange despite this ludicrously generous promotion.
Bottomline is they attracted mostly bonuswhores, who came there only for the bonus on dolphins and went away. Mansion just lacked any liduidity depsite offering some very good 1x2 odds on Draws and on AH which were useful for dutching.
Offering the most generous bonus out there and fulfiling what they promised didnt secure them a loyal customer base and they closed a year after it. So I dont think they are the perfect example of sustainabel and harmonious business relations between a sportsbook and bettors.
So theres a point in what Nitro says although his attitude is not right - what books like Tipico, Oddscompany, some caribbean books do is not without a reason.
It is defo a theft what Tipico are doing but when youre trying to save your butt from sinking you do every trick in the book you can to stay above water, even if it means climbing on top of others trying to stay afloat. Survival instinct they say
I dont justify what theyre doing but I can understand hem why they behave in such an offhand and rude way.
The other option for them from this moment on, having already accumulated significant losses from this bonus offer, is that they go the Goldvic route, which I dont think any of us would like to see.
And theres too many folks on the boat called "Bonus" nowadays, so I think we`re to get used to that sinking feeling...
Plus another thing: If Tipico renege on the bonus to all existing customers then the internet fallout will probably doom them.
I'll give you an example, about 5 years ago myself and a buddy paid a webhosting company from Asia well in excess of a thousand pounds to design some software for us, they did an absolutely bloody awful job of it so we asked for a full refund of our money, they refused so we posted warnings about them in prominent places (including forums) plus we even got a big news website in Asia to run a story on it.
Within a couple of weeks you could not put the companies name into Google without our warnings flooding the results on the front search page of Google, this is exactly what will happen with Tipico. As for the Asian software company they eventually saw sense and gave us a full refund having seen the damage that two pissed-off webmasters could do. Imagine what damage a couple of hundred people will do to Tipico's reputation.
The best thing they can do is honour their promise and think a bit more carefully about what they are doing as someone there needs a big boot up the backside.
And just for the record I have so far been lucky and managed not to get my fingers burned with any bookie getting into trouble, I'm just sick and tired of people coming on forums and blaming people for doing bonuses.
There are maybe a dozen or so people that have complained of them doing this on here in the main Tipico thread (I was one of them unfortunately), plus as mentioned above dozens probably over on MSE.
Originally Posted by Sticky
They took my bonus away once I'd completed the full WR and requested a withdrawal. I actually only requested a partial withdrawal as well and had planned on playing there more because I actually quite liked them up until that point.
I received an email along the lines of 'pro gamblers not allowed' (same thing as sportingbet basically) and that it was at their discretion to remove bonuses. At that point they cancelled the withdrawal and removed the bonus.
I put in another withdrawal request after that happened and thankfully they honoured the full withdrawal of the remaining balance without any silliness like removing any winnings earnt from the bonus (which would have been hard for them to do and retain any credibility whatsoever because my bets were varied from 5EUR all the way up to 100EUR so them trying to make out one bet was made with bonus money whilst another bet wasn't would have been pretty tricky... plus I would have insisted they refund all the losing bets I'd had etc etc).
So, as it stands I've just been paid out today the 400EUR I had remaining after they took the bonus away which is a relief. I don't know if it's worth taking it further for the reasons I'd outlined above in this thread, although it may be worth putting in a complaint anyway and CC'ing it to Malta LGA (what good it would do I don't know, probably nothing but at least they're aware of an issue).
Really don't understand your logic at all or what difference a few years makes, are you referring to the global economic crisis(?!). If so then all the more reason to keep to the original terms. From a business perspective if they want to retain any credibility then it makes more sense for them to honour any existing terms that people signed up under.
Originally Posted by goroovy
Frankly they should have considered that in their risk analysis when they were planning the campaign. Something simply along the lines of 'ok if we get x number of new registrants, we'll close the offer.' - then just play fair and stick to the t&c they originally came up with.
|Lets say 15,000 people signed up ... that would cost them 1.5 million!!!!
Completely irrelevant. How many people come from any one place has absolutely no relevance if they had a clear plan from the outset along the lines of the above - there'd be no need to worry about how many people come from any one place if they had a clear campaign strategy in place from the start.
And MSE drives really high numbers these days.
Generally I am in two minds regarding Tipico. On the one hand they are quite literally thieves for reneging on their original terms and conditions. By agreeing to the terms and conditions of the original bonus, the customer enters into a contract with Tipico. The terms and conditions offer an enticement to place bets with Tipico in return for a bonus which the customer gets to keep once those bets have been placed and all the other terms adhered to. By breaking those terms Tipico stand accused of false advertising, luring people in with the offer of a bonus that they know they will not get to keep and then by taking money from the accounts of people that have completed those wagering requirements they also stand accused of theft.
However on the other hand at least they haven't confiscated any winnings earnt from the bonus money - at least not that I know of on this forum although it has been mooted that this has happened to others on MSE which is appalling. Additionally they have paid up so far very promptly and as yet no signs of slow paying are obvious. So in one sense the retention of the bonuses is slightly justified if it means that more people get paid out quickly and can get as far away from Tipico as they can.
All in all a poor experience then. I had enjoyed playing there up until the removal of the bonus. I would have continued playing there as well if they'd not done that. So perhaps they've lost a customer who might have made them money... they will never know now though, I certainly wouldn't consider going anywhere near them unless they apologized and explained they'd made a mistake... which isn't going to happen any day soon I imagine.
For anyone else thinking of going in with Tipico, if the above weren't enough of a warning I would say steer well clear of them. Even if you are eligible to receive bonuses from them, given their track record there is no saying that they won't suddenly decide in future that actually you AREN'T eligible for the bonuses they offer and they will take the bonuses back off you as well - and perhaps at that point get even more desperate and hold on to the rest of your balance as well.
Because their bonus campaign was so poorly planned that everyone could pile in the roguish behaviour - as their response to this - is quite useful to assess the effects of the MSE/TGT forums on small to midsize books.
Originally Posted by goroovy
OK, maybe I wasnt plain enough.
Originally Posted by Andy
Lets say .. just as a possibility ... 10,000 UK people signed up ... a very possible estimate.
Youd seriously pay a million euros to these UK "gamblers" because they piled into your offer en masse?
You would bankrupt the business you have spent years developing, sack all your staff and pay everyone?
They should have acted more quickly definately but, who knows, maybe it started slowly and just the 18 hours before they cancelled an unimaginable amount of lurkers on MSE felt it was safe to pile in. And thousands more were still piling in.
What would you do?
So, as I say, its just maths.
Personally, I did it made a hefty 900 euro withdrawal .. got it extremely quickly with no issues at all. I have a feeling that most of the arbable bets won which has compunded the issue.
Soi, the insinuation that they were out to "thieve" and "steal" is not right IMHO .... they just got hit massively.
They are definately not the first and they definately wont be the last who find themselves in this situation.
I don't think 10k UK people signed up during the 100% period, but maybe 10k people in total. Remember that it was not only the UK that was hit by this, but also the eastern european countries, including Russia. These countries also have message boards like this.
This is for sure :
Originally Posted by nitro
1. Euro books will be aware of events. Its top of the google searches. Its even on SBR now.
2. Euro books, and UK ones, will be reminded yet again that in 2009 they need to be very very cautious with offers. They will not become more lucrative because of these headlines thats for sure.
3. Expect the UK to become even more increasingly banned from offers.
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