Mansion Poker/Sportsbook has a new promotion aimed at getting more player's money into their site. It is a no lost promotion with $1,000 to gain. The details:
Bet exactly $1,100 to win $1,000 on the Steelers against the Dolphins on September 7, 2006.
If the Steelers cover the spread you win $1,000 (and obv get your $1,100 back)
If the Steelers don't cover the spread, Mansion will refund your $1,100 within 3 days.
You can't hedge the bet at Mansion, but can hedge it at other sites like Bodog.
It sounds like Mansion requires a copy of you ID in order to cash out, so it make take a couple of days to cash out once the promotion is over.
The old addage of "If it sounds to good to be true, it probably isn't" doesn't apply here. It is a no lose situation.
The only problem I have is that I have to bet against my team (the Dolphins) ;)
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Are you hedging at all?
WillWonka
11:11 AM
Yeah - I probably will hedge the bet. I need to do a little research first.
cmitch
12:28 PM
Research is on 2+2, there's a thread for it per Wes, and I'm pulling the trigger on it when I get home.
Unknown
2:20 PM
Is there a withdrawal requirement, i.e. must roll over the money deposited x amt of times before taking it out?
That could be the catch.
Anonymous
4:14 PM