[MicroBob]

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OK, probably a stupid question. But I just don't understand.

What is Mansion gaining from this? My poker bankroll is only about $1200 so if I threw it onto this game on Sept 6th... I'm not losing anything and I can win $1000? Too good to be true...

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Just think it through as to trying to figure their logic.
Not that I think it's the greatest move ever because it's just so outrageous for people like us....but try to work through the logic.


The make it a MINIMUM of $1100 deposit.
So ONLY people who actually have this much money to plunk down will be doing so.
It gets everybody with $1100 to come to Mansion and check out their sports-site right at the beginning of the NFL season. So you can figure they are interested in winning over as much of that NFL betting action as they can.


It takes an ID scan and a few days to cash-out.
Some people will be lazy about getting around to it. In the meanwhile, that $1100 (or $2100 if PIT wins) that is sitting in a bunch of people's accounts.
Many of these people are going to see a future game and think, "Hell, I already have a ton of money in there. I'll bet $100 on the Steelers again because I had so much fun rooting for them last time. I'll cash-out when I get around to it."


A friend of mine who I will tell about this has a very good chance of taking that money and saying, "well, it was already in there anyway and I didn't feel like cashing-out so I decided to play some blackjack with it and see what I could accomplish."


Finally, for every 50 people who take the money and never return they only need 1 player who will go ahead and bring his -$50k square-betting to Mansion.

There ARE plenty of bettors out there who do go out and lose thousands and thousands of dollars. And they do this across a wide range of different sports-betting sites.
Mansion is trying to bring as many of them as they can over to their book JUST to let them have a look at it and HOPE that they bring that sports-betting action to their site more and more.



These are some of the theories I came up with anyway.


It's still an insane deal of course.
But when you consider how many people they are going to get to deposit AND leave $1100 on their site that they won't be able to get out for a few days then I do start to see the logic behind it (whether or not it works out profitable for them...or is a giant disaster...is another issue entirely).


I also have to think that they looked at the smaller-scale Tottenham promo and saw how much more action that brought in the days that followed.


For example, I had never placed a bet on Mansion in my life. After the Tottenham thing, I placed 3 or 4 small bets on baseball games.

In fact, showing your appreciation with some other sports-betting action on their site might encourage them to do another one of these promos after the Steelers thing is all wrapped up.