Mansion unveils new exchange - introduces fees

ClipJoint · Aug 9, 2005

MANSION UNVEILS NEW SPORTS EXCHANGE

http://www.mansion.comDear MANSION Member,

Visit MANSION Sports Exchange and see what the betting industry is talking about. MANSION Sports Exchange is the future of Sports Betting where you can bet person-to-person on all of your favourite sports and save BIG.

New MANSION Sports Exchange Format

MANSION Sports Exchange unveils a new design.

The odds and available volumes are now presented in a new format, allowing members to see the full market depth for any given selection (clicking on the displayed odds will provide an expanded view showing all prices available in a graph format).
To buy or sell offers, familiar sportsbook style checkboxes are now used instead of coloured boxes.
A new feature called 'My Markets' is now available allowing members to add and view multiple events from different sports/categories on one convenient page.
Improved Features in 'My Bets' section:
- Offers, suspended offers, and bet sections can be expanded/collapsed
- A new column in the offers section displays the last traded price
- Suspended offers are now displayed, enabling members to simply restore them, rather than having to re-enter the entire bet(s)
- Member exposure - value of unmatched offers/open bets and balance are now shown
- Ability to click on a selection name to view detailed selection and market information
New enhancements for 'Bet History':
- More detailed summary of member's bets, now conveniently accessible from the top red sub-nav within the Sports Exchange section
- 'Bet History' can now be filtered to show specific information according to member preferences
- 'Betting P&L' allow members to see their net win/loss position per market on settled events
- Ability to download bet history data to a CSV file
"Total Goal" markets for football (Soccer) now supports the Asian handicap style of betting (i.e ¼ point increments).

These improvements are in part a result of the valuable feedback that we have received from our Members. We welcome your comments and invite you to contribute to future improvements to our products. Please send your comments to feedback@mansion.com.

Introduction of MANSION Sports Exchange Fees

Thousands of customers have discovered the value of MANSION Sports Exchange and are taking advantage of our active marketplace to "sell" positions on major events. Customers who sell on MANSION Sports Exchange still pay no fees. Effective August 9th, when you "buy" on MANSION Sports Exchange (by accepting a posted offer) you will be charged a fee of 1% on the win amount of each bet.

Pay no fees when you "sell"* on MANSION Sports Exchange - 0%
Pay only 1% of the win amount when you "buy"**.

* You "sell" by placing an offer that is not immediately matched by an existing inverse offer.
** You "buy" when you accept an existing offer or place an offer that is equal to and (therefore matched by) an existing inverse offer.

If you require assistance in funding your MANSION account, please email customerservice@mansion.com with your nickname or account number, a call-back number where we can reach you, and the most convenient time to call.

Thank you for choosing MANSION.

MANSION - www.mansion.com

D2bets · Aug 9, 2005

That all looks fine. But look at the juice on their sportsbook baseball lines this morning. :icon_conf

:monsters-

ClipJoint · Aug 9, 2005

D2bets said:
That all looks fine. But look at the juice on their sportsbook baseball lines this morning. :monsters-

WTF?

It looks like the party might finally be ending at Mansion.

D2bets · Aug 9, 2005

Clip Joint said:
WTF?

It looks like the party might finally be ending at Mansion.

This better be a one-day glitch. Could they actually go from the lowest juice book to the HIGHEST in one day!? :icon_conf

:drink:

Big10 · Aug 9, 2005

I was just going to post up 5K with them for foots. i would really like to know what their plans are, I know I could email them but I wonder if I will get a straight answer. Does anyone know if in fact they are going to continue to offer -105 for NFL and NCAA?

ClipJoint · Aug 9, 2005

Is this a joke? The best line available is a 20-cent line and that is only on 1 game! They are dealing a 31-cent line on -170 games. LOL

Cincinnati +140
Chicago -171
Arizona +139
Florida -170

SF Giants +139
Atlanta -170

Washington -115
Houston -105

Pittsburgh +110
Colorado -133

NY Mets -197
San Diego +160

Philadelphia +105
LA Dodgers -127

White Sox +140
Yankees -171

Tampa Bay +139
Baltimore -170

Texas +170
Boston -210

Detroit +100
Toronto -121

Cleveland -175
Kansas City +143

LA Angels +145
Oakland -177

Minnesota +105
Seattle -127

SportSavant · Aug 9, 2005

MLB Monel Line chart as Taken from MANSIONS website

<TABLE borderColor=#dcdcdc cellSpacing=0 border=1><TBODY><TR><TD colSpan=4>

MLB Moneyline Chart

</TD></TR><TR><TD>

Team A

</TD><TD>

Team B

</TD><TD>

Team A

</TD><TD>

Team B

</TD></TR><TR><TD>

US Style

</TD><TD>

US Style

</TD><TD>

Decimal

</TD><TD>

Decimal

</TD></TR><TR><TD>

-105

</TD><TD>

-105

</TD><TD>

1.95

</TD><TD>

1.95

</TD></TR><TR><TD>

-110

</TD><TD>

100

</TD><TD>

1.91

</TD><TD>

2.00

</TD></TR><TR><TD>

-115

</TD><TD>

105

</TD><TD>

1.87

</TD><TD>

2.05

</TD></TR><TR><TD>

-120

</TD><TD>

110

</TD><TD>

1.83

</TD><TD>

2.10

</TD></TR><TR><TD>

-125

</TD><TD>

115

</TD><TD>

1.80

</TD><TD>

2.15

</TD></TR><TR><TD>

-130

</TD><TD>

120

</TD><TD>

1.77

</TD><TD>

2.20

</TD></TR><TR><TD>

-135

</TD><TD>

125

</TD><TD>

1.74

</TD><TD>

2.25

</TD></TR><TR><TD>

-140

</TD><TD>

130

</TD><TD>

1.71

</TD><TD>

2.30

</TD></TR><TR><TD>

-145

</TD><TD>

135

</TD><TD>

1.69

</TD><TD>

2.35

</TD></TR><TR><TD>

-150

</TD><TD>

140

</TD><TD>

1.67

</TD><TD>

2.40

</TD></TR><TR><TD>

-155

</TD><TD>

145

</TD><TD>

1.65

</TD><TD>

2.45

</TD></TR><TR><TD>

-160

</TD><TD>

150

</TD><TD>

1.63

</TD><TD>

2.50

</TD></TR><TR><TD>

-165

</TD><TD>

155

</TD><TD>

1.61

</TD><TD>

2.55

</TD></TR><TR><TD>

-170

</TD><TD>

160

</TD><TD>

1.59

</TD><TD>

2.60

</TD></TR><TR><TD>

-175

</TD><TD>

165

</TD><TD>

1.57

</TD><TD>

2.65

</TD></TR><TR><TD>

-180

</TD><TD>

170

</TD><TD>

1.56

</TD><TD>

2.70

</TD></TR><TR><TD>

-185

</TD><TD>

175

</TD><TD>

1.54

</TD><TD>

2.75

</TD></TR><TR><TD>

-190

</TD><TD>

180

</TD><TD>

1.53

</TD><TD>

2.80

</TD></TR><TR><TD>

-200

</TD><TD>

185

</TD><TD>

1.50

</TD><TD>

2.85

</TD></TR><TR><TD>

-205

</TD><TD>

190

</TD><TD>

1.49

</TD><TD>

2.90

</TD></TR><TR><TD>

-210

</TD><TD>

195

</TD><TD>

1.48

</TD><TD>

2.95

</TD></TR><TR><TD>

-215

</TD><TD>

200

</TD><TD>

1.47

</TD><TD>

3.00

</TD></TR><TR><TD>

-220

</TD><TD>

205

</TD><TD>

1.45

</TD><TD>

3.05

</TD></TR><TR><TD>

-225

</TD><TD>

210

</TD><TD>

1.44

</TD><TD>

3.10

</TD></TR><TR><TD>

-230

</TD><TD>

215

</TD><TD>

1.43

</TD><TD>

3.15

</TD></TR><TR><TD>

-235

</TD><TD>

220

</TD><TD>

1.43

</TD><TD>

3.20

</TD></TR><TR><TD>

-250

</TD><TD>

225

</TD><TD>

1.40

</TD><TD>

3.25

</TD></TR><TR><TD>

-255

</TD><TD>

230

</TD><TD>

1.39

</TD><TD>

3.30

</TD></TR><TR><TD>

-260

</TD><TD>

235

</TD><TD>

1.38

</TD><TD>

3.35

</TD></TR><TR><TD>

-265

</TD><TD>

240

</TD><TD>

1.38

</TD><TD>

3.40

</TD></TR><TR><TD>

-270

</TD><TD>

245

</TD><TD>

1.37

</TD><TD>

3.45

</TD></TR><TR><TD>

-275

</TD><TD>

250

</TD><TD>

1.36

</TD><TD>

3.50

</TD></TR><TR><TD>

-280

</TD><TD>

255

</TD><TD>

1.36

</TD><TD>

3.55

</TD></TR><TR><TD>

-285

</TD><TD>

260

</TD><TD>

1.35

</TD><TD>

3.60

</TD></TR><TR><TD>

-290

</TD><TD>

265

</TD><TD>

1.34

</TD><TD>

3.65

</TD></TR><TR><TD>

-295

</TD><TD>

270

</TD><TD>

1.34

</TD><TD>

3.70

</TD></TR><TR><TD>

-300

</TD><TD>

275

</TD><TD>

1.33

</TD><TD>

3.75

</TD></TR><TR><TD>

-305

</TD><TD>

280

</TD><TD>

1.33

</TD><TD>

3.80

</TD></TR><TR><TD>

-310

</TD><TD>

285

</TD><TD>

1.32

</TD><TD>

3.85

</TD></TR><TR><TD>

-315

</TD><TD>

290

</TD><TD>

1.32

</TD><TD>

3.90

</TD></TR><TR><TD>

-320

</TD><TD>

295

</TD><TD>

1.31

</TD><TD>

3.95

</TD></TR><TR><TD>

-325

</TD><TD>

300

</TD><TD>

1.31

</TD><TD>

4.00

</TD></TR><TR><TD>

-345

</TD><TD>

305

</TD><TD>

1.29

</TD><TD>

4.05

</TD></TR><TR><TD>

-350

</TD><TD>

310

</TD><TD>

1.29

</TD><TD>

4.10

</TD></TR><TR><TD>

-355

</TD><TD>

315

</TD><TD>

1.28

</TD><TD>

4.15

</TD></TR><TR><TD>

-360

</TD><TD>

320

</TD><TD>

1.28

</TD><TD>

4.20

</TD></TR><TR><TD>

-365

</TD><TD>

325

</TD><TD>

1.27

</TD><TD>

4.25

</TD></TR><TR><TD>

-370

</TD><TD>

330

</TD><TD>

1.27

</TD><TD>

4.30

</TD></TR><TR><TD>

-375

</TD><TD>

335

</TD><TD>

1.27

</TD><TD>

4.35

</TD></TR><TR><TD>

-380

</TD><TD>

340

</TD><TD>

1.26

</TD><TD>

4.40

</TD></TR><TR><TD>

-385

</TD><TD>

345

</TD><TD>

1.26

</TD><TD>

4.45

</TD></TR><TR><TD>

-390

</TD><TD>

350

</TD><TD>

1.26

</TD><TD>

4.50

</TD></TR><TR><TD>

-395

</TD><TD>

355

</TD><TD>

1.25

</TD><TD>

4.55

</TD></TR><TR><TD>

-400

</TD><TD>

360

</TD><TD>

1.25

</TD><TD>

4.60

</TD></TR></TBODY></TABLE>

SportSavant · Aug 9, 2005

one of two things is happening I guess, either they havent updated the chart, or the 'LINES' for today are a mistake....

nonetheless, I feel quite sick this morning.... :icon_conf

ClipJoint · Aug 9, 2005

What a nightmare if this is a new change that will be in place. I was like a kid in the candy shop for months with Mansion. I have never made so much money in one place during baseball.

:sad3:

D2bets · Aug 9, 2005

It;s gotta be a mistake. No book just changes their overall booking philospphy and methods like that overnight. Unless they want to lose 95% of their customers.

drunk · Aug 9, 2005

D2bets said:
That all looks fine. But look at the juice on their sportsbook baseball lines this morning. :monsters-

I just noticed. What the fcuk?

D2bets · Aug 9, 2005

Guys, who's calling Mansion to find out what's up?

nimue77 · Aug 9, 2005

Wow, could the party be over? Will the sportsbook actually change (hopefully baseball is a mistake) their juice?

Obviously I wish the exchange were still free, but I also think their new format stinks, I liked the old one it was very easy to use!

D2bets · Aug 9, 2005

It's one thing to tweak your juice. But to go from marketing your sportsbook as a low juice joint to becoming a juice gouger is just bizarre. That's like Wal-Mart doubling its prices tomorrow, stocking designer clothes and trying to emulate Nordstrom's business model.

ClipJoint · Aug 9, 2005

D2bets said:
It's one thing to tweak your juice. But to go from marketing your sportsbook as a low juice joint to becoming a juice gouger is just bizarre. That's like Wal-Mart doubling its prices tomorrow, stocking designer clothes and trying to emulate Nordstrom's business model.

This has to be an error...if not, I am floored. They will lose all of the business they attracted and will be starting over marketing to a new crowd, yet still trying to keep the exchange with high/higher volume.

:icon_conf

drunk · Aug 9, 2005

D2bets said:
Guys, who's calling Mansion to find out what's up?

I just sent Tommeny an email.

SportSavant · Aug 9, 2005

usually they answer emails very fast, but I am at work.... someone please send one & post the reply here.... :icon_conf

:drink:

PokerKingJim · Aug 9, 2005

I emailed them a few weeks go to be sure they would be offering -105 for NCAA and NFL foots before I loaded up and they assured me that they would still have the -105 this football season.

CHOPTALK · Aug 9, 2005

What the hell!!!!!!!!!!!!!!!!!!!:finger: :finger: :finger:

Mansion was just about to make my top 3. I hope this is not true, but I think it is. I bet they went -110 on foots too. It seems like they are getting there ass kicked in by the sharps and are making some changes.

Fishhead · Aug 9, 2005

This is stunning!

Will be interesting to see how this transpires over the next few days.

Mansion unveils new exchange - introduces fees

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