I got this postcard also. The offer is amazing, comparable to Mansion's $1,000 on Pittsburgh deal.
I don't recall if I have an account or not ( probably do). I probably funded it once for a bonus years ago, and am not eligible.
It's very tempting for a new ( to Heritage) player.
Anybody know if they take back old players for this offer ?
hno:called them on this offer..it's applicable on any NEW account opened between 500-5000 between now and 9/15. The initial deposit has a 5x RO, if you lose the first deposit, you get replenished 100% w/a 10x RO, lose it again..again 100% back with 15x RO. Can't wager more than 30% of your funds on any one bet.
Personally, I dont think it's THAT great of a deal, just a
nice little marketing trick. 5x RO with no bonus isnt great, but not horrid either..once you lose it the first time 10x RO is alot, but anyone can go on a cold streak and 10x is possible to clear... Now lose that and I cant see many making the 15x on the 3rd try. Thats 7500 in action on a 500 bank. One thing I didnt think to ask is if this applies to casino losses..say you lose 80% of your initial deposit in one bad weekend..why not just risk the other 20% on one hand of blackjack to try to either get back to even or get your 100% "insurance".
It does give them an excellent chance to look at their clients and raise or lower limits quickly. I dont think this is a sign of a book in trouble, rather a sign of a well ran shop who are looking for fresh $$ while getting a chance to watch the new players closely.
You can also take 30% cash on new accounts.
Personally, I dont think it's THAT great of a deal, just a
nice little marketing trick. 5x RO with no bonus isnt great, but not horrid either..once you lose it the first time 10x RO is alot, but anyone can go on a cold streak and 10x is possible to clear... Now lose that and I cant see many making the 15x on the 3rd try. Thats 7500 in action on a 500 bank. One thing I didnt think to ask is if this applies to casino losses..say you lose 80% of your initial deposit in one bad weekend..why not just risk the other 20% on one hand of blackjack to try to either get back to even or get your 100% "insurance".
It does give them an excellent chance to look at their clients and raise or lower limits quickly. I dont think this is a sign of a book in trouble, rather a sign of a well ran shop who are looking for fresh $$ while getting a chance to watch the new players closely.
You can also take 30% cash on new accounts.
The offer is still decent, but would be beyond great... if you could bet the balance in one shot.
The details seem lacking. If you deposit $1,000 and bet $300 and lose, is your next limit $300 or 30% of $700 ?
What if you bet $300 on a +300 dog and win, for a $1900 balance, is the limit $300, or 30% of $1900 ?
You'd want to lose ( win elsewhere), to get the $1,000 put back into your acct, then repeat.
I'm not doing it, but I could see a new player trying this respected book.
The details seem lacking. If you deposit $1,000 and bet $300 and lose, is your next limit $300 or 30% of $700 ?
What if you bet $300 on a +300 dog and win, for a $1900 balance, is the limit $300, or 30% of $1900 ?
You'd want to lose ( win elsewhere), to get the $1,000 put back into your acct, then repeat.
I'm not doing it, but I could see a new player trying this respected book.
