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Originally Posted by George W. Bush
I dont believe it.
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that is fine, they've done previous freerolls before and refunded the $$$
Mansion is a huge site and is trying to attract people with larger bankrolls to their site for sportsbetting. Think of it this way, this is marketing genious. You're attracting people that have the ability to drop $1100 on one bet, and they are now creating an account to your sportsbook. EVERY serious better is going to go out there and take this freeroll, they'd be silly not to. They are going to attract many many new customers with this promotion at the beginning of the NFL season (which, I'd assume is the largest portion of sportsbetting.) Once they have these customers to their site, if the Steelers lose, Mansion has gained thousands of new customers that now have accounts at their site, and have lost zero dollars. Take it Pittsburgh covers, yes Mansion is going to be paying out a shit ton of cash, but its very possible that its still less than the advertising that they normally do. At this point, every person that took the freeroll bet now has an account with $2100 in it. The stipulation is that it takes 3 days to cashout, and one has to verify ID (this is done simply by scanning your ID and sending it to them), many people will be lazy about this and not do it for a while and think "hell, i've already got a ton of money on Mansion I'll go back and make another bet this week on the Steelers since I had so much fun rooting for them last week." As well as the person that bets week to week or more often than that, will often just keep their money on their until they are ready to cash out.
Mansion is a huge sportsbook/online casino as well, I don't see them going anywhere. They do a lot of big things with their events and advertising. PokerDome, the Holyfield fight, a few other things I can't remember.