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  #21  
Old 09-08-2006, 06:43 PM
7n7 7n7 is offline
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Join Date: Sep 2004
Posts: 1,369
Default Re: How Can Mansion Afford This?

Fyi, they paid out over $6.8 million dollars to the winners in this promotion.

I was one of 'em ... woot!
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  #22  
Old 09-08-2006, 06:45 PM
7n7 7n7 is offline
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Join Date: Sep 2004
Posts: 1,369
Default Re: How Can Mansion Afford This?

[ QUOTE ]
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

[/ QUOTE ]

If you participated in the promotion, you should have received an email congratulating you and telling you how to withdraw funds.
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  #23  
Old 09-08-2006, 07:36 PM
Shrug Shrug is offline
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Join Date: Dec 2005
Location: Gettin\' my sheep on
Posts: 1,845
Default Re: How Can Mansion Afford This?

I participated..I see that the money has been credited to my account...but no email for me.
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  #24  
Old 09-08-2006, 09:57 PM
7n7 7n7 is offline
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Join Date: Sep 2004
Posts: 1,369
Default Re: How Can Mansion Afford This?

[ QUOTE ]
I participated..I see that the money has been credited to my account...but no email for me.

[/ QUOTE ]

Maybe the email only got sent to the newly created accounts?

At any rate, you can find their cash-out policy on their site.
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  #25  
Old 09-09-2006, 07:21 AM
FCBLComish FCBLComish is offline
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Join Date: Sep 2005
Location: Hi, everybody
Posts: 8,791
Default Re: How Can Mansion Afford This?

[ QUOTE ]


Maybe the email only got sent to the newly created accounts?

At any rate, you can find their cash-out policy on their site.

[/ QUOTE ]

Nope. I got the congratulatory e-mail, and I have had an account for a few months. It was a very nice e-mail.
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  #26  
Old 09-09-2006, 11:51 AM
BigBiceps BigBiceps is offline
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Join Date: Mar 2004
Posts: 3,571
Default Re: How Can Mansion Afford This?

How is it possible that I read 2+2 everyday and somehow did not hear about this great bonus in time.
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  #27  
Old 09-09-2006, 01:11 PM
kcheel kcheel is offline
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Join Date: Oct 2005
Posts: 806
Default Re: How Can Mansion Afford This?

lol..Don't know how you missed it. Half of the threads on the first page of the Bonuses forum were all about it for the past week or more.
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  #28  
Old 09-09-2006, 01:58 PM
mbishop mbishop is offline
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Join Date: Jan 2006
Posts: 425
Default Re: How Can Mansion Afford This?

[ QUOTE ]

Nope. I got the congratulatory e-mail, and I have had an account for a few months. It was a very nice e-mail.

[/ QUOTE ]
Likewise, though Hotmail's filter classified it as junk.
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  #29  
Old 09-09-2006, 03:20 PM
7n7 7n7 is offline
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Join Date: Sep 2004
Posts: 1,369
Default Re: How Can Mansion Afford This?

[ QUOTE ]
How is it possible that I read 2+2 everyday and somehow did not hear about this great bonus in time.

[/ QUOTE ]

Since I don't hang out in this forum or the sports betting forum very often, I have to give credit to Neverwin's website.

I hadn't gone there for a while either, so apparently Lady Luck decided to smile upon me. [img]/images/graemlins/laugh.gif[/img]
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  #30  
Old 09-09-2006, 03:45 PM
jimpo jimpo is offline
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Join Date: Mar 2006
Location: 128
Posts: 684
Default Re: How Can Mansion Afford This?

[ QUOTE ]
Look up the word HEDGE in the gambler's dictionary.

[/ QUOTE ]

You are not suggesting that hedging means they did not lose money with this promo, are you? (I have read several posts that suggest so) If you are, tell me how do they hedge so that they negate the free money (~$480/bet) they give away? And if they can do that, why isn't every sportsbook offering similar free bets?

The free bet cost them about $480 * 5000 = 2,5 million. Hedging cannot help that. Whether they hedged or not they had EV of -2,5 million with this promotion.
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