The Offer
- When you joing TVG.com (online gambling website) from Yazing (shopping portal) and deposit at least $50 you’ll receive $75 into your Yazing account. There are also two promo codes you can use:
- CROWN: SIGN UP TODAY AND YOU’LL GET TRIPLE YOUR ODDS ON ALL THREE TRIPLE CROWN RACES. (not sure if still valid)
- BET150: NEW CUSTOMERS – $150 SIGNUP BONUS WHEN YOU BET YOUR FIRST DEPOSIT.
The second promo code is a little bit harder to understand. Basically they will match your deposit up to $150 if you bet that initial deposit within 15 days of sign up.
The Fine Print
- Only some states are eligible to sign up for TVG.com, unsure on the full list sorry.
- They do require a SSN, so it’s possible they do a hard pull on your credit report
Our Verdict
Obviously do not do this if you have a history of gambling or think you’d be susceptible to becoming addicted. This is really only a deal if you make your initial deposit and then pocket the $25. Here is what I’d do if I was completing this offer:
- Sign up and deposit $50 using BET150
- Receive my $75 from Yazing
- Bet $50 on something (they’ll match this with another $50 bet)
- If it wins, wait a while and withdraw
You could skip step three and try to withdraw straight away, but I’m pretty sure that is against their terms and you won’t receive the $75 from Yazing. I’ll probably join if I can get some sort of confirmation if a hard pull is done or not.
Hat tip to Frequent Miler
Any word on whether or not there’s a hadr pull when opening an account? Thanks in advance.
No hard pull – I would not have been able to open an account if it were a hard pull since my credit files are frozen.
Payment came through today
You beat me to the post 🙂 Mine came yesterday and I turned my $50 deposit into $103.40, for an overall profit of $128.40. Not a bad deal at all!
Nicely done
Unfortunately Octavio, TVG does not provide order numbers or email confirmation when you deposit funds. Otherwise I would have submitted a ticket.
You should have gotten emails from TVG “welcoming” you when you signed up. If I were you, I’d use those since the offer was to sign up and those emails would prove it.
Oh and for confirmation of the deposit, you could probably use a screenshot of your TVG account. Go to My Account > My Account Summary > select the date you made the deposit…and this will show when you made the deposit and the amount under “Previous Balance > Deposit.” It’s worth a shot 🙂
Thanks. I did just that. Sent a screenshot of account deposit and welcome email on a Sunday afternoon. Within minutes Adam Viener replied to acknowledge my ticket. The next day, he emailed me and confirmed I would receive the $75 bonus!
WARNING!!! My Arrival+ card was charged $10 cash advance fee for $50 load to TVG and Yazing didn’t track my order for $75 reward. They sent it for “investigation” to TVG. I am afraid I will only lose money on this “deal”.
How does Yazing confirm your transaction? There is no account history link in my Yazing account.
You should have gotten an email from Adam Viener with subject:
“You earned $75 on Yazing!”
which said:
Congratulations! You earned $75.00 from TVG!
Although we are still in the process of building our backend reporting system, rest assured we are keeping track of all the transactions and will pay out the funds directly to your email address on file via PayPal as soon as we have received payment from them. Typically within 30-60 days.
Thanks for using Yazing and congratulations on your earnings!
Adam
P.S. Help keep Yazing’s 100% pass through cash rewards rates! Start sharing your customized deal links via social media and social sharing sites. Learn more on how Yazing hopes to make money without taking a cut of your transactions or payments.
I take it this means you signed up for this promo? If so, can you answer my questions below which adam ignored.
Do they take Amex to fund? What is the minimum that you need to gamble before you can withdraw the remaining balance? I’m talking about their general policy and not for this Yazing offer
Hey Eric,
I am a newbie when it comes to TVG (since I only became aware of it through this post) so I’ll answer the best I can based on what I see on my account…
1) They don’t take Amex, only Visa or Mastercard. As a side note, I did not fund it using a debit/credit card b/c there’s a $5 fee from TVG associated with that. I used “TVG BetCash” which is ACH. I was able to fund the account immediately and bet.
2) No idea – as Sean stated, TVG is giving the ability to bet with money they haven’t received (b/c ACH takes a bit of time), so I did not have the option to withdraw right away (not that I wanted to anyway) but here’s what I experienced: As soon as I funded my account, I made a small $2 bet since I was just testing the waters. I actually won and the payout was $3.40 – I was given the ability to withdraw the amount OVER my initial deposit right away ($50 – $2 + $3.40 – $50 = $1.40). However, when the ACH truly posted (taken out of my bank), I was given the ability to withdraw the ENTIRE amount = $51.40. I still have the money there b/c the “win” got me interested 🙂
BTW, it seems that the Yazing $75 offer is dead as I no longer see it listed. If that was the sole incentive you were seeking, then it would not be worth it for you to sign up. Hiowever, TVG is still running its own up to $150 deposit match. I, of course, did not take advantage of that since I only bet $2 vs. the entire $50 – I guess I probably should have since my $2 bet actually won 🙂
Hope that helps.
I actually got way behind on my emails and didn’t see your comment until now. Did you end up getting the Yazing reward? I didn’t actually care about the Yazing promo as I was considering funding with my Amex card (if it was allowed) to meet a minimum spend. I’m wondering if you were allowed to withdraw your entire deposit because you used ACH or if they let anyone withdraw their entire deposit. If the latter couldn’t someone technically charge $25K to their credit card and withdraw the entire thing to make about $500 in cash back? I doubt this would work as they probably manually monitor large withdrawals not to mention I think this would be unethical. I’m just curious if anyone’s tried this.
I did not receive that email. I deposited $150 on derby day but did not place a bet due to the TVG site being down 15 minutes before the race. Yazing was suppose to give bonus on depositing, not betting. I will bet this $150 on the Preakness tomorrow and see what happens.
Sorry about that – here’s what you should do based on Yazing:
If you believe an order was placed that didn’t track properly, please wait at least 48 hours to see if a confirmation comes through. If after 48 hours you still haven’t received a notification please submit a help desk ticket with send copy of your order receipt, including the order ID, purchase price, transaction date, etc… We can submit the information to the company and see if they can track it down to see what happened.
Are we supposed to pay taxes to IRS on these gambling bonuses?
No idea, speak to a tax professional.
legally yes, however theyre not going to send you a 1099,especially offshore websites in which it is illegal to process payments from US players to begin with. thats why they process your payment under a different merchant name, always international transaction so deposit with a no ftf fee card. it is a purchase, not ca.
Do they take Amex to fund? What is the minimum that you need to gamble before you can withdraw the remaining balance? I’m talking about their general policy and not for this Yazing offer
Visa and MC only.
is it illegal for US citizens or play or it is illegal for companies to take bets from US citizens?
Are we speaking of TVG here? TVG is an American company that asks for a social security number up front in case they have to file a W2-G on any major winnings. I wouldn’t be surprised if they issue 1099’s.
I deposited $150 via my checking account on derby day using promo GET150. I did not see the option to fund through a credit card. I did not bet anything since I plan to bet on the Preakness in two weeks where there are less horses racing. Although it shows that I have $150 in my TVG account, there were no withdrawals from my checking in the last two days. Anyone else notice this?
I figure they can’t make the actual withdrawal until the next business day. So they’re allowing you to bet using money they haven’t received yet.
Keep in mind you have to wager the $150 within 15 days of signing up to get the match.
Thanks for that info as I wondered about that. I looked all over for the terms and was unable to find it. My wager will take place on the 21st so I should be good.
Why stop at this gambling website? Why not include bovada and topbet.eu sign-up bonus of 50% up to $250? This is a slippery slope for free money but I have made thousands from both websites just from their frequent deposit bonuses and betting only major favorites, for example the first round outcome of NBA finals or first rounds of tennis betting on djokovich vs an un-ranked player. adamd13 is my topbet.eu referral bonus.
How do you make thousands when sign up bonus on Bovada is $250 max?
because once you make a deposit they send you bonus offers monthly usually. 25-50% of deposit usually max deposit of $1500-2500 credit card deposit. topbet.eu is much better with bonus offerings and have a 3x rollover compared to the deposit rollover that is always 5x.
What bets do you recommend other than first round tennis to play for bonus?
any bet that is “moneyline” and a total for sure. cavs vs their next opponent series outcome. do not do baseball/soccer/hockey.
who is cavs?
It sounds like you are a pro at this. I know nothing about “moneyline” “3x rollover” etc. Can you direct me to a decent blog where I can learn more about this?
moneyline just means youre picking the team/person you want to win straight up so with a heavy favorite youll get terrible odds but youll meet the spending requirement. rollover means you need to wager the amount deposoted + bonus amount before you withdrawal. so if its a 3x rollover the minimum i have to wager is 3 bets at maximum amount in my account pretty much one after the other. $200 deposit, if it was a 50% bonus ($100) youd start with account balance of $300. 3x rollover on $300 means you have to wager $900 total before allowed to withdrawal. sign-up bonuses are 5x when you first start but subsequent deposit offers they send at topbet.eu are only 3x. id wait for a tennis tournament because theres some huge favorites, a lot of the other sports are riskier. google rollover explanation. i have 3 websites i use, topbet.eu is the best bonuses followed by bovada.
I think is dead.
I still see the $75 deal on Yazing, but only when I’m logged in. Is there a chance it’s targeted?
Their terms say “You authorize us to obtain, at our discretion, credit bureau reports in connection with your request for an account.” I really wish I had noticed that before… I’ll find out whether it was a hard pull in a few days.
You can deposit funds for free through ACH. You can also deposit up to $25000 with a credit/debit card with a fixed $5 fee.
Details on the $150 match: https://media.tvg.com/cms_images/Get150_Rules.pdf “within fifteen (15) days of signing up for a new TVG Account with the Promo Code, make an initial deposit into your TVG Account and wager the entire amount of your initial deposit” “The Offer Bonus may only be used for wagering on your TVG Account.”
Since I got all gung ho and signed up, I’ll explain my betting strategy that has a small chance of losing your entire wager and a large chance of losing a small part of your wager. I’m using “Win” bets since those are the only ones I understand.
Basically a bunch of people make bets online or in person on which horse will win. All the money they bet is combined into a pool. After the race, the track takes ~20% of the pool as a fee, and the remaining ~80% is distributed to all the people who bet on the winning horse.
The expected payout from winning, after the fee is subtracted, is shown in the form of “Odds”. If the odds for a horse are “3”, that means if you bet $1 on that horse and it wins the race, you’ll win $3 plus your original $1 back, quadrupling your money. If the horse loses, of course, you lose your bet. Odds like “4/5” mean if you bet $5 and the horse wins, you’ll win $4 plus your original $5 back, so your $5 bet became $9. Keep in mind the odds will change even after you make your bet, as other people are still making bets.
I don’t know the horses’ chances of winning, but I assume the other bettors do and the betting “market” is actually efficient. In fact, if the odds for a horse are “3”–a win would quadruple your money–and accounting for the ~20% fee I estimate that horse has roughly a 20% chance of winning. (If someone knew better they could make a profit by betting appropriately, which would change the odds away from 3.)
My strategy was to find a race where the top three horses had odds of 6/5, 8/5, and 3, which implies (assuming an efficient betting “market”) there was an 87% chance one of those horses would win. I placed a $50 bet on each of those horses. In total, if the 6/5 horse won, I would lose $40; if the 8/5 horse won, I would lose $20; if the 3 horse won, I would win $50; and if a different horse won I would lose all $150.
If nothing else, I hope this comment dissuades some people from gambling…
As someone who put themselves through school in part by betting at the local track – if you know absolutely nothing about betting and horses, and you want the “least risky” bet, you want the clear favorite to show in a stakes or claiming race as long as there is a minimum return. In my state, in parimutual betting, the minimum return on a $2 bet is $2.10.
It’s fairly rare for a favorite to finish out of the money (barring other circumstances like weather and fields of close odds), so it’s pretty much the easiest bet to make.
Never bet on maiden races or 2 year olds. Those are crazy making. You want a stakes or claiming race where the punters have enough info to make clear odds for you.
I actually have no idea what rules TVG is using. But the concept works as long as there is a minimum payout on a bet.
It’s not a fun way to bet, totally not exciting, and people at the windows look at you like you are nuts, but pffft. If you are looking for a low-ish risk bet (and it’s still risky, I mean, it’s called GAMBLING) this is the one.
Also, don’t gamble. I don’t anymore (In college I was broke and a statistics minor raised around racehorses). Don’t get mad at me if the favorite throws his jockey in the backstretch. It’s gambling, people.
Thanks, that sounds a lot easier… I’ll try it when I’m working through the $150 match.
Just like to reiterate that a SHOW bet on an overwhelming favorite is actually the most profitable (least unprofitable) bet at the track. In most jurisdictions, show bets are legally required to pay 5% back if the horse finished 1st, 2nd or 3rd. If the horse is an overwhelming favorite, you might be beating the house edge. This is the closest thing to credit card churning at the track as heavy show betters may not get rebate points and may even get their accounts shut down.
There are several “advance deposit wagering” and “off track betting” sites online with similar bonuses. I’ve easily made several hundred dollars this way.
Are CC considered a CA if not how much do you have to bet of the original deposit to cash out.
don’t see this deal now, is this only after you have logged in?
The $75 cash back deal is only available to Yazing Members and is a marketing commission offered by TVG for new members. Yazing passes these commissions to members for both their own purchase and their referrals. TVG is one of MANY deals, check out http://yazing.com/brands for all the available deals.
If you are not logged in to Yazing, the $75 commission goes to the member that referred you to the deal, so if you click on http://yazing.com/deals/tvg/adam you will see that “adam” referred you to the deal and will earn cash rewards for your purchase.
This works just the same as other affiliate links, except that Yazing has taken the hassle out of joining all the affiliate programs, negotiating commission rates, and building websites!