Actually what's funny about the scam accusation still against Bit Starz is now Soft Swiss has the max bet system put into place for well over the last month. I'm not sure where you folks have come up with that they don't have a max bet system put in place.
Sure it was put in later down the road, but it is there now. So now that accusation is now invalid. What's next?
I really give Soft Swiss credit for stepping up the plate and implementing this system, at least there listening to there players. Compared to some gambling sites where they don't listen at all.
Topic: Avoid Casinos With Max Bet Rules - page 4. (Read 2073 times)
having bonus and a max bet rule doesn't mean automatically the site is bad and should be avoided. the bonus is a way of advertising and all these restrictive rules such as max bet and many more are there to prevent abuse of the bonuses. you can't just make a deposit, get the bonus and then withdraw! there needs to be a mechanism to prevent a big amount of money exiting the site just like that.
but the problem is that this "mechanism" is always in favor of the house and it is strictly designed which is why players are never going to get that amount out.
some casinos being scam and using this promotion tactic to scam people is another story though.
but the problem is that this "mechanism" is always in favor of the house and it is strictly designed which is why players are never going to get that amount out.
some casinos being scam and using this promotion tactic to scam people is another story though.
I am thinking that too because with my experience whether it is faucet funds or not when I am going to do a max my bet I am always losing so I think don't go to the max bet because you will just lose your money. And another before you are going to deposit in a site read the terms first because you can loss your money just like you said before.
STAY AWAY!!! MBIT voided my winnings stating I bet over .025 btc max bet rule. I tried to explain to CS agent Danielle that the terms states .025 is for FREE SPIN bonuses and NOT deposit bonuses as seen here.
Yeah, a leaf out of bitstarz book. It's pretty bullshit. It's not listed on their ToS, but on a separate page (bonuses terms) and under the (wrong) section called "free spins".
If they can't use software to reject the bet (it's literally an if statement..) and they use it to void winnings, it's insanely predatory.
STAY AWAY!!! MBIT voided my winnings stating I bet over .025 btc max bet rule. I tried to explain to CS agent Danielle that the terms states .025 is for FREE SPIN bonuses and NOT deposit bonuses as seen here.
Bonus Terms & Conditions
Free Spins
1. Bonus Redemption: Make a minimum deposit of 50 mBTC and the free spins bonus will be added automatically.
If your bonus is not applied automatically, please contact us via live support. One bonus per person, per account, per IP address is allowed. Players may not create duplicate accounts.
2. Free spins bonus advertised in this promotion will be added in installments of 25 free spins every day starting from the next day after your first deposit until all the advertised free spins are granted. Free spins bonus will expire if not activated within 24 hours after it has been credited. Any expired bonus can't be re-activated or added back to players account.
2.a. Players who are making ten (10) or more deposits when there is a bonus available will risk having their winnings from the bonus confiscated and being left with the initial deposited amount of the bonus in question. Players who make 10 deposits in a row to the casino and trigger a bonus on all of those will risk forfeiting any winnings stemming from the bonus.
A minimum of one (1) bonus-free deposit must be made before a player can attempt to make 5 consecutive withdrawals with money stemming from a bonus/promotion. The amount of the bonus-free deposit has a minimum equating to the average amount of the previous deposits where a bonus was unlocked.
3. Players will receive free spins that can be completed in the following games: Boomanji and Fruit Zen
4. Deposits can only be made in Bitcoin.
5. The freespins win must be wagered 40 times to meet the wager requirements for withdrawal.
In other words, your wager must be 40x your earnings from the free spins themselves. If you win 1 mBTC during your 100 free spins, you must wager 40 mBTC after this point to be eligible for withdrawal..
6. Player can request a withdrawal of their deposited amount prior to meeting the wagering requirements. However, the bonus amount and winnings will be forfeited as a result. Please note that while playing with a bonus, the real money balance gets exhausted first.
7. All deposit and free spin bonuses will expire after 14 days.
7.a. Upon the expiry of the bonus, all bonus funds and related winnings will be forfeited
8. When betting, placed bets are deducted from the player’s real money balance. However, if no real money balance is available, the bet placed will be deducted from the player’s bonus balance.
9. Until the play through requirements have been met, the maximum bet that can be placed is 0.025 BTC. This includes double up wagers after the game round has been completed. For example: wagering winnings from X game round on red/black.
10. Please request your bonus by contacting live chat or email right before making your deposit, or right after, but before playing with the deposit.
11. Only one bonus can be claimed at a time. Deposit related bonuses cannot be "stacked". mBit management reserve the right to void any bonuses and/or winnings obtained by fraudulent behaviour.
12. Free spins or bonus rounds gained while playing with bonus money should not be played after bonus is wagered, lost or forfeited.
Deposit Bonuses
1. Unless specified otherwise, deposit bonuses are not offered automatically, but upon request. A player needs to contact the casino using the Live Chat system (“Claim Your Bonus Here” button, on the lower right side of the page), or by creating a support ticket (“Leave an Inquiry Here” button, on the lower right side of the page) if the Live Chat operators are offline, and request the deposit bonus.
2. Deposit bonuses need to be claimed right after making a deposit, but BEFORE placing any bet. If a player fails to meet this requirement, he may not be eligible for said bonus.
3. When no Live Chat operators are online, bonus requests are honored based on the timestamps. This means that a player will still be eligible for the deposit bonus, even if his balance is no longer live at the time the request is processed, if he made the request in accordance with our rules (after making a deposit, but prior to playing).
4. Any bonus and winnings will be forfeited if a player has an active bonus and moves after winning from low weighted games like table games, to high weighted games like slots (or first bets high and then low with a stake not in proportion to the balance) for the sole purpose of completing wagering requirements. This will be judged at the sole discretion of the casino after reviewing the gameplay. This type of activity may lead to permanent closure of the account and will also lead to a permanent exclusion of our VIP program where all credited points are forfeited.
Wagering Requirements
1. Winnings from any casino bonus will become a part of the real money balance only after having wagered the value of the bonus 35 times. For example: If a player received 10 mBTC bonus he will need to wager 350 mBTC before any winnings and the bonus will become part of the real money balance.
2. Before being able to make a withdrawal players must wager the bonus amount a minimum of 35 times, unless otherwise stated in the promotional material.
She apparently can't read or don't understand the very terms on their own casino website.
Bonus Terms & Conditions
Free Spins
1. Bonus Redemption: Make a minimum deposit of 50 mBTC and the free spins bonus will be added automatically.
If your bonus is not applied automatically, please contact us via live support. One bonus per person, per account, per IP address is allowed. Players may not create duplicate accounts.
2. Free spins bonus advertised in this promotion will be added in installments of 25 free spins every day starting from the next day after your first deposit until all the advertised free spins are granted. Free spins bonus will expire if not activated within 24 hours after it has been credited. Any expired bonus can't be re-activated or added back to players account.
2.a. Players who are making ten (10) or more deposits when there is a bonus available will risk having their winnings from the bonus confiscated and being left with the initial deposited amount of the bonus in question. Players who make 10 deposits in a row to the casino and trigger a bonus on all of those will risk forfeiting any winnings stemming from the bonus.
A minimum of one (1) bonus-free deposit must be made before a player can attempt to make 5 consecutive withdrawals with money stemming from a bonus/promotion. The amount of the bonus-free deposit has a minimum equating to the average amount of the previous deposits where a bonus was unlocked.
3. Players will receive free spins that can be completed in the following games: Boomanji and Fruit Zen
4. Deposits can only be made in Bitcoin.
5. The freespins win must be wagered 40 times to meet the wager requirements for withdrawal.
In other words, your wager must be 40x your earnings from the free spins themselves. If you win 1 mBTC during your 100 free spins, you must wager 40 mBTC after this point to be eligible for withdrawal..
6. Player can request a withdrawal of their deposited amount prior to meeting the wagering requirements. However, the bonus amount and winnings will be forfeited as a result. Please note that while playing with a bonus, the real money balance gets exhausted first.
7. All deposit and free spin bonuses will expire after 14 days.
7.a. Upon the expiry of the bonus, all bonus funds and related winnings will be forfeited
8. When betting, placed bets are deducted from the player’s real money balance. However, if no real money balance is available, the bet placed will be deducted from the player’s bonus balance.
9. Until the play through requirements have been met, the maximum bet that can be placed is 0.025 BTC. This includes double up wagers after the game round has been completed. For example: wagering winnings from X game round on red/black.
10. Please request your bonus by contacting live chat or email right before making your deposit, or right after, but before playing with the deposit.
11. Only one bonus can be claimed at a time. Deposit related bonuses cannot be "stacked". mBit management reserve the right to void any bonuses and/or winnings obtained by fraudulent behaviour.
12. Free spins or bonus rounds gained while playing with bonus money should not be played after bonus is wagered, lost or forfeited.
Deposit Bonuses
1. Unless specified otherwise, deposit bonuses are not offered automatically, but upon request. A player needs to contact the casino using the Live Chat system (“Claim Your Bonus Here” button, on the lower right side of the page), or by creating a support ticket (“Leave an Inquiry Here” button, on the lower right side of the page) if the Live Chat operators are offline, and request the deposit bonus.
2. Deposit bonuses need to be claimed right after making a deposit, but BEFORE placing any bet. If a player fails to meet this requirement, he may not be eligible for said bonus.
3. When no Live Chat operators are online, bonus requests are honored based on the timestamps. This means that a player will still be eligible for the deposit bonus, even if his balance is no longer live at the time the request is processed, if he made the request in accordance with our rules (after making a deposit, but prior to playing).
4. Any bonus and winnings will be forfeited if a player has an active bonus and moves after winning from low weighted games like table games, to high weighted games like slots (or first bets high and then low with a stake not in proportion to the balance) for the sole purpose of completing wagering requirements. This will be judged at the sole discretion of the casino after reviewing the gameplay. This type of activity may lead to permanent closure of the account and will also lead to a permanent exclusion of our VIP program where all credited points are forfeited.
Wagering Requirements
1. Winnings from any casino bonus will become a part of the real money balance only after having wagered the value of the bonus 35 times. For example: If a player received 10 mBTC bonus he will need to wager 350 mBTC before any winnings and the bonus will become part of the real money balance.
2. Before being able to make a withdrawal players must wager the bonus amount a minimum of 35 times, unless otherwise stated in the promotional material.
She apparently can't read or don't understand the very terms on their own casino website.
max bet rules is a way of giving the house a bit of favoritism but it is a way of protecting themselves against people that try to take advantage of certain playing tactics . i dont agree with the max rule that many have started using but looking at things from the other perspective it does make just a small amount of sense on why they are putting it in place
I won't be playing at any casino that has this .025 btc max crap in place.
Some casinos fix the maximum bet to protect their investor's interest but 0.025 BTC is very small amount. I don't think anyone will choose if a site has got such a small maximum limit for playing. I will consider playing unless their maximum limit is reasonable amount otherwise I just avoid and play on other sites.
That said, I think people should avoid using bonuses in general. In almost all cases they're carefully designed to benefit the casino, while giving the player the impression it's good.
This is the best answer on casino bonusses.
They are useless!
That is correct these bonuses are almost no use for players. These sites basically want to attract more and more people to their site so they usually come up with many different promotions with some wagering requirements. Those requirements most of the time almost impossible to achieve. Before depositing money carefully check the terms of getting those bonus amount.
Bonus is a trick to bust players' funds, it looks like beautiful thing but it is indeed a trap.
Bonus max rule is bullshit, bitstarz never reminds players, but when they win, they fucking ban their accounts.
They do it to prevent martingale. It doesn't work, though..
More generally, it's an effective way of stoping high-variance playing styles. Let's say they give you a 1 BTC bonus, they'll typically design the play-through requirement such that you won't be able to withdraw you unless you have expected loss of >1 BTC (often as high as 5 or so). However, because of variance peoples actual loses aren't equal to their expected loss, and it's possibly if they're lucky they'll make a nice profit. That wouldn't be good for the casino, so what to minimize the variance they want to forcing you to play a very large amount of very small bets. This makes it exceedingly rare to make more than your expected loss.
Which is pretty much why I in general advise people to avoid accepting bonuses (and often the sort of places that like to mislead their customers into taking them). Instead of having fun with your money, you're often dragged into effectively turning over fake money until you end up losing it.
max bet rules is a way of giving the house a bit of favoritism but it is a way of protecting themselves against people that try to take advantage of certain playing tactics . i dont agree with the max rule that many have started using but looking at things from the other perspective it does make just a small amount of sense on why they are putting it in place
I won't be playing at any casino that has this .025 btc max crap in place.
They do it to prevent martingale. It doesn't work, though..
max bet rules is a way of giving the house a bit of favoritism but it is a way of protecting themselves against people that try to take advantage of certain playing tactics . i dont agree with the max rule that many have started using but looking at things from the other perspective it does make just a small amount of sense on why they are putting it in place
I won't be playing at any casino that has this .025 btc max crap in place.
max bet rules is a way of giving the house a bit of favoritism but it is a way of protecting themselves against people that try to take advantage of certain playing tactics . i dont agree with the max rule that many have started using but looking at things from the other perspective it does make just a small amount of sense on why they are putting it in place
That said, I think people should avoid using bonuses in general. In almost all cases they're carefully designed to benefit the casino, while giving the player the impression it's good.
This is the best answer on casino bonusses.
They are useless!
That is correct these bonuses are almost no use for players. These sites basically want to attract more and more people to their site so they usually come up with many different promotions with some wagering requirements. Those requirements most of the time almost impossible to achieve. Before depositing money carefully check the terms of getting those bonus amount.
That said, I think people should avoid using bonuses in general. In almost all cases they're carefully designed to benefit the casino, while giving the player the impression it's good.
This is the best answer on casino bonusses.
They are useless!
If it's software enforced (e.g. you get an error if trying) it's not so bad. What was *a lot* worse was when dodgy sites like bitstarz would review the play history of large winners, and if they violated that rule (even trivially) they would confiscate the entire account balance for "terms of service" violation.
So at least if it's software enforced, you don't run the risk of losing your entire account balance due to a mistake (or not reading the fine print).
That said, I think people should avoid using bonuses in general. In almost all cases they're carefully designed to benefit the casino, while giving the player the impression it's good.
So at least if it's software enforced, you don't run the risk of losing your entire account balance due to a mistake (or not reading the fine print).
That said, I think people should avoid using bonuses in general. In almost all cases they're carefully designed to benefit the casino, while giving the player the impression it's good.
More and more casinos are adding this crappy .025 max bet rule with bonuses. I will be avoiding these casinos as they are predatory terms. If you accept a bet you should pay a bet. It seems most swiss soft casinos are adding this term. Just the amount of bonus wagering requirement alone, is heavily in the casino favor and to restrict someone to just .025 max bet is wrong. Especially if they are a table game player.
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