How Can Mansion Afford This?

[NSchandler]

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They have billions of dollars of revenue each year. They can afford to spew out a couple of million on a promotion every now and then.

If they give a fifty dollar deposit bonus to 50,000 people, it's the same amount of money.

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Math isn't your strong suit?

50x50,000= 2,500,000

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And logic isn't yours. The steelers will not always cover. Probably half the time they won't cover. Math isn't my strong suit, so I'll leave it to you to figure out the implications of this fact.

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QFT.

If you're going to make fun of somebody, you should be sure you don't come off as an idiot in the process.

[mbishop]

They're paying close to $16 million a year for their Tottenham shirt sponsorship deal, but they originally offered nearly twice that much to Manchester United. Gotta spend that promotion budget somewhere.

[MikeSmith]

b/c we are having a discussion about mansion right now, do you see any other huge threads about sites other than mansion lately?

[Ali shmali]

i'm going to guess this was the first sport bet for a lot of people. I'm sure plenty of them never thought the thrill of watching a football team win could be so good. Probably gonna pull in a good number of regulars with this promo. I'm sure a few will be addicted to sports betting.

[Sully]

Look up the word HEDGE in the gambler's dictionary.

[Jeffmet3]

Hey,

Can someone tell me what you need to give Mansion so that you can withdraw your money?

Thanks, and thanks again for the people that mentioned the free bet. I would've never heard of it if it wasn't for 2p2

[MicroBob]

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They're paying close to $16 million a year for their Tottenham shirt sponsorship deal, but they originally offered nearly twice that much to Manchester United. Gotta spend that promotion budget somewhere.

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They also buy the time on Fox Sports Net for the weekly Poker Dome Challenge program and I think end up paying some of the costs for the prize-pool and their contestants (some overlay in there).
They have to be spending quite a bit on the TV show, hotel accomodations and prize-pool for this.


Asking how Mansion can afford to spend $5-mil on this promo is kind of like observing that TV commercials cost a lot of money and then wondering how Party can afford to have so many of them.

[MiltonFriedman]

They lay it off at another book ?????

[MiltonFriedman]

... especially when it should not cost more than 10% of that to lay it off ...

[InvisibleSoul]

If they can sponsor Tottenham for $65M over four years, they can afford the $5M for this promo.

Ditto for the Poker Dome thing, which I heard is going to cost them $60M total.

And I don't get how hedging reduces the risk for Mansion.