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Topic: Avoid Casinos With Max Bet Rules (Read 2098 times)

hero member
Activity: 1299
Merit: 502
April 29, 2017, 04:54:00 AM
#75
Isn't casino set max bet to protect their bankroll? as i've seen from crypto-games, they stated that their max limit will raise alongside with their bankroll increase. And people should stop taking any casino bonus, like some deposit bonus or others. It's just their trap to rope you into their rule and lose your deposit when you try to fullfill the wager requirement.

Bottom line, under funded casinos are in the wrong business. Setting max bets are a scam!
hero member
Activity: 1764
Merit: 505
#SWGT PRE-SALE IS LIVE
April 24, 2017, 05:17:14 AM
#74
Isn't casino set max bet to protect their bankroll? as i've seen from crypto-games, they stated that their max limit will raise alongside with their bankroll increase. And people should stop taking any casino bonus, like some deposit bonus or others. It's just their trap to rope you into their rule and lose your deposit when you try to fullfill the wager requirement.

LOL that goes for most casinos now so i think we have to be careful before we rnter a certain casino. Normally there are rules and regulations before we rntrr a site and it would be important to at least run through those to make sure we don't get blindsided once we're alrrady there. Of course these casinos would be protecting their bankroll and most of the time at the expense of the players losing a lot of money to certain technicalities

Yeah you're right money in the bamk roll is not the assurance of gettin good profit when gambling most of the time, because it really leaded you to play more and more then loss your money exactly specially the means of certain technicalities. I am really into laughter to see those who really forced to max bet rules out of their will, and they were just obliged to do it just for the bank roll's worsts policy ever.
hero member
Activity: 924
Merit: 502
CryptoTalk.Org - Get Paid for every Post!
April 24, 2017, 04:57:25 AM
#73
Isn't casino set max bet to protect their bankroll? as i've seen from crypto-games, they stated that their max limit will raise alongside with their bankroll increase. And people should stop taking any casino bonus, like some deposit bonus or others. It's just their trap to rope you into their rule and lose your deposit when you try to fullfill the wager requirement.

LOL that goes for most casinos now so i think we have to be careful before we rnter a certain casino. Normally there are rules and regulations before we rntrr a site and it would be important to at least run through those to make sure we don't get blindsided once we're alrrady there. Of course these casinos would be protecting their bankroll and most of the time at the expense of the players losing a lot of money to certain technicalities
sr. member
Activity: 756
Merit: 251
Sovryn - 300-500% APY on USDT Deposit
April 23, 2017, 03:34:32 AM
#72
Isn't casino set max bet to protect their bankroll? as i've seen from crypto-games, they stated that their max limit will raise alongside with their bankroll increase. And people should stop taking any casino bonus, like some deposit bonus or others. It's just their trap to rope you into their rule and lose your deposit when you try to fullfill the wager requirement.
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
April 22, 2017, 08:51:03 AM
#71
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.

Yeah this means that you have no choice and since casinos do have their own house edge, this just ensures these operators that they will pretty much earn money more. Every player should have an option to choose if they want to go on max bets and it shouldn't at all be required
legendary
Activity: 1750
Merit: 1115
Providing AI/ChatGpt Services - PM!
April 22, 2017, 04:59:16 AM
#70
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.
That's really subjective.It may be appropriate for small time players and addicts losing it all in a jiff.Does this really needs an argument ? Continue with avoiding the casinos with the terms you don't comply with.
hero member
Activity: 910
Merit: 550
April 22, 2017, 03:21:24 AM
#69
Yes I hate those casino with max bet rules i mean why can't I go further for max bet if i only have one chance of winning. It would be really a waste if im gonna win with the amount of their max bet rules. They're casino casino shouldnt have any rules like this . that's why im playing gambling in others site that has no max bet rules .
legendary
Activity: 1792
Merit: 1283
April 21, 2017, 09:47:57 AM
#68
Max bet is needed by the house and giving advantage to the house, of course as a player we need avoid the casino with max bet, percentage for winning will be smaller when there are max bet and it will limit our strategy to play

I agree, there is a reason why casinos have maximum bet. This safeguards the stability of the gambling site or casino. If casinos did not put a limit then possibly the casino's bank roll might not be able to pay big winnings which will result to a disrupted operation.
I think Crypto-Games has a maximum bet that's dynamic, meaning that it changes when their bankroll grows or declines.
They also don't give out bonusses with rollover requirements, so I don't really mind it.

It's also pretty good for investors since it keeps their bankroll safe.
hero member
Activity: 756
Merit: 505
April 21, 2017, 07:52:15 AM
#67
Max bet is needed by the house and giving advantage to the house, of course as a player we need avoid the casino with max bet, percentage for winning will be smaller when there are max bet and it will limit our strategy to play

I agree, there is a reason why casinos have maximum bet. This safeguards the stability of the gambling site or casino. If casinos did not put a limit then possibly the casino's bank roll might not be able to pay big winnings which will result to a disrupted operation.
hero member
Activity: 840
Merit: 501
April 21, 2017, 07:02:41 AM
#66
Max bet is needed by the house and giving advantage to the house, of course as a player we need avoid the casino with max bet, percentage for winning will be smaller when there are max bet and it will limit our strategy to play
hero member
Activity: 2310
Merit: 532
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
April 21, 2017, 03:36:57 AM
#65
Well for reasons why this is another reason why most countries like the USA has banned online gambling because of practises like this.

They probably got tired of people complaining to the regulation authorities so they just simply banned online bitcoin gambling all together. Because casinos were pulling practises like this and costing people money.
I think it is not the reason that USA has banned online casino but the real reason maybe the taxes as USA is earning a high amount of money from the taxes on real casino so they do not want online casino to come to replace these real casino from which they cannot take that much tax.
That might be the reason with USA, which has got the majority of casinos. In my view online casinos doesn't fulfil all the regulatory acts put forth for a regulatory functioning. In short only very few casinos function with all legal regulations. When online casinos gets more popularity the real casinos might loss earning which too might be a reason.
sr. member
Activity: 465
Merit: 250
April 21, 2017, 02:58:33 AM
#64
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.

Hi Lucky7Btc,

If you are playing table games, I wouldn't recommend taking any bonus besides cash rewards (perhaps ask the casino for a cashback).
This because the wagering contribution for table games is normally 10% or something of that nature. So bonuses in general
aren't really suitable for table games punters (if they come with a 25+ WR).

For all slots players out there, 0.025 BTC is still a 25 dollar per spin at today's BTC rate, which is pretty high considering the level
of play for the majority of players. Also, never forget that bonuses are optional, and if you feel that bonuses don't favor you or your style of playing,
there's no need to use them.

Once more, the max bet is only for bonus money. If you play with cash, you can bet as high as the slots will allow you.

Happy weekend and playing everyone!

Mike

sr. member
Activity: 574
Merit: 256
April 20, 2017, 02:01:21 PM
#63
Well for reasons why this is another reason why most countries like the USA has banned online gambling because of practises like this.

They probably got tired of people complaining to the regulation authorities so they just simply banned online bitcoin gambling all together. Because casinos were pulling practises like this and costing people money.
I think it is not the reason that USA has banned online casino but the real reason maybe the taxes as USA is earning a high amount of money from the taxes on real casino so they do not want online casino to come to replace these real casino from which they cannot take that much tax.
hero member
Activity: 882
Merit: 506
April 20, 2017, 12:25:25 PM
#62
Well for reasons why this is another reason why most countries like the USA has banned online gambling because of practises like this.

They probably got tired of people complaining to the regulation authorities so they just simply banned online bitcoin gambling all together. Because casinos were pulling practises like this and costing people money.

Yes may be that is one point, but I do not think there is anything correspond between max bet and the payout result. If they have this max bet that means they can only afford X amount to pay for players. And I think it is just player faults, why they do not even read the ToS before they start to play this game?

I don't think this is why they banned online gambling. I think it was more of it was damaging the real casino businesses in the united states, since that business sector is quite big and most likely they have a great deal of power to influence the regulators to just ban the online casinos.
legendary
Activity: 1834
Merit: 1008
April 20, 2017, 07:33:09 AM
#61
Well for reasons why this is another reason why most countries like the USA has banned online gambling because of practises like this.

They probably got tired of people complaining to the regulation authorities so they just simply banned online bitcoin gambling all together. Because casinos were pulling practises like this and costing people money.

Yes may be that is one point, but I do not think there is anything correspond between max bet and the payout result. If they have this max bet that means they can only afford X amount to pay for players. And I think it is just player faults, why they do not even read the ToS before they start to play this game?
hero member
Activity: 896
Merit: 500
April 19, 2017, 09:42:52 AM
#60
For smaller players it does not a problem who do not play with high amount to earn money and who play only for fun while other professional gamblers who want to make money from their gambling will not rely on games which will have that lower max limit.

Correct, because we have our own choices to make in this case. But if do really want to win this bonus, then we have to take the risk and put the maximum bet that a certain gambling site required, but, you have to think it twice because you are going to lose big in this thing, though you are going to win big in this thing if you are going to be lucky enough.

Bonuses are just a sugar coat of a casino so that gamblers will more attracted to play and bet high so that they can easily get the bonus requirements. The 0.025BTC max is a counter measure of a casino to prevent further loss on their side and to limit the chance of winning of players, Because they know that people will lose their patience on the long run and an error will be committed for them to lose on the game.

For the casinos, they have a tremendous amount of capital from the head, in addition, it is invested by a lot of other people. Most of the casinos I see have a very high maximum bet, it is around 5BTC, a huge number for any player like us. There is not even anyone to make such a big bet.
hero member
Activity: 854
Merit: 500
April 19, 2017, 08:08:36 AM
#59
Well for reasons why this is another reason why most countries like the USA has banned online gambling because of practises like this.

They probably got tired of people complaining to the regulation authorities so they just simply banned online bitcoin gambling all together. Because casinos were pulling practises like this and costing people money.

I do not know in other countries what the rules are, but in my country, gambling is considered a form of offense, anyone who gambles will be dealt with according to law, including game online. Bitcoin is no exception, if we are detected, you will be imprisoned immediately. However, it is not easy for bitcoin and its sites. We can use without being detected.
hero member
Activity: 2814
Merit: 911
Have Fun )@@( Stay Safe
April 19, 2017, 05:26:59 AM
#58
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.
It is true that almost all of the bonuses and give aways are generally to lure people into a gambling site and i would rather be careful in not getting into casino's which have a minimum bet limit which is way higher than the normal situation because in most cases it is really hard to get those bonuses and have a good run with it because with the rule set you will almost loose all your deposit if your wage limit is higher and if you are having a shitty luck. Grin
legendary
Activity: 3808
Merit: 1723
April 19, 2017, 05:21:16 AM
#57
Well for reasons why this is another reason why most countries like the USA has banned online gambling because of practises like this.

They probably got tired of people complaining to the regulation authorities so they just simply banned online bitcoin gambling all together. Because casinos were pulling practises like this and costing people money.
legendary
Activity: 1176
Merit: 1001
The most Professional Cryptocurrency Casino
April 19, 2017, 03:32:20 AM
#56
For smaller players it does not a problem who do not play with high amount to earn money and who play only for fun while other professional gamblers who want to make money from their gambling will not rely on games which will have that lower max limit.

yeah it supposed not to bother small player who play for fun, but actually by limit the bet the house got the advantage, sometimes bankroll and bet amount really affected our strategy to win, especially when you are using martingale technique, it is okay for casino to have max bet, because they also need to manage their deposit, they putting max bet, so they can afford to pay their customer, but if it set too low then we will have smaller chance to win
No this rules is a advantange for small player so big player with huge bankroll can't control the game with  all in every games because only a little poker player have a brave for all in against big player even not always like that's but i guess that's most happen in poker table.
hero member
Activity: 1400
Merit: 571
April 19, 2017, 02:43:45 AM
#55
There was a site that had a bonus where if you deposited $100 they would give you $200 for free. I automatically accepted the bonus, didn't read the terms. And after a few losses decided to withdraw about $80 or so whatever I had left in the account ($20 only was lost) turns out since I accepted the bonus, my funds were frozen until a certain criteria was met which was almost impossible to even break-even on.
I have also got similar experience few months ago but i have left binary trading not only due to this. Best way to not get stucked with all this requirement and get your deposit frozen is to not accept any bonus regardless how huge they are.

Well, it can't help, since we didn't read their terms about the bonuses that they are giving, that is why it is important to know all the rules and terms about a certain thing to avoid such thing like this in the future, and we just have to take this as a lesson, for us to learn that it is a must to read things first before we take it as a go, because the curiosity kills the cat, as the saying said.
hero member
Activity: 854
Merit: 500
April 18, 2017, 01:47:32 PM
#54
There was a site that had a bonus where if you deposited $100 they would give you $200 for free. I automatically accepted the bonus, didn't read the terms. And after a few losses decided to withdraw about $80 or so whatever I had left in the account ($20 only was lost) turns out since I accepted the bonus, my funds were frozen until a certain criteria was met which was almost impossible to even break-even on.
I have also got similar experience few months ago but i have left binary trading not only due to this. Best way to not get stucked with all this requirement and get your deposit frozen is to not accept any bonus regardless how huge they are.
legendary
Activity: 1834
Merit: 1008
April 18, 2017, 09:48:50 AM
#53
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.

And what about this max bet thing? I do not think that they scam us just by giving the max bet here. I believe that you should know that before you put some bet. Some of site is just tricky by not saying it on their ToS, if you never know what is max bet and min bet better you stop before you lose everything out. I find this mostly on slots games because this is the best way for them to cut the payout and withdrawal
legendary
Activity: 3808
Merit: 1723
April 18, 2017, 02:34:42 AM
#52
I remember I got suckered into something similar a few years ago and it wasn't even Bitcoin related.

I am sure you all heard of Forex trading but there is something called Forex binary options trading. Where you basically take bets if the EUR/USD will be higher or lower than now in the next 60 seconds, 15 minutes, 1 hour, etc.

There was a site that had a bonus where if you deposited $100 they would give you $200 for free. I automatically accepted the bonus, didn't read the terms. And after a few losses decided to withdraw about $80 or so whatever I had left in the account ($20 only was lost) turns out since I accepted the bonus, my funds were frozen until a certain criteria was met which was almost impossible to even break-even on.

So we have all been there.
legendary
Activity: 1148
Merit: 1097
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April 18, 2017, 02:23:39 AM
#51
For smaller players it does not a problem who do not play with high amount to earn money and who play only for fun while other professional gamblers who want to make money from their gambling will not rely on games which will have that lower max limit.

Correct, because we have our own choices to make in this case. But if do really want to win this bonus, then we have to take the risk and put the maximum bet that a certain gambling site required, but, you have to think it twice because you are going to lose big in this thing, though you are going to win big in this thing if you are going to be lucky enough.

Bonuses are just a sugar coat of a casino so that gamblers will more attracted to play and bet high so that they can easily get the bonus requirements. The 0.025BTC max is a counter measure of a casino to prevent further loss on their side and to limit the chance of winning of players, Because they know that people will lose their patience on the long run and an error will be committed for them to lose on the game.
sr. member
Activity: 2436
Merit: 455
April 18, 2017, 02:02:33 AM
#50
For smaller players it does not a problem who do not play with high amount to earn money and who play only for fun while other professional gamblers who want to make money from their gambling will not rely on games which will have that lower max limit.

Correct, because we have our own choices to make in this case. But if do really want to win this bonus, then we have to take the risk and put the maximum bet that a certain gambling site required, but, you have to think it twice because you are going to lose big in this thing, though you are going to win big in this thing if you are going to be lucky enough.
full member
Activity: 127
Merit: 100
April 18, 2017, 02:01:29 AM
#49
I can highly agree. I don't even like casinos that offer (only) deposit bonuses as a rewarding system.
It usually has got a deadline sticked to it too, until you have to wager your founds many times.
This makes me feel a compulsion to play it through fast, which ends in a bust for me fast.

So I avoid these type of bonuses. I much more prefer wagering based bonuses tied with faucets. The more you wager, the more free money you get as a reward time to time. Much more confortable for me.
hero member
Activity: 924
Merit: 506
April 18, 2017, 12:53:37 AM
#48
About time, it means they are not going to manipulate outcomes or cheat in any possible way, with this method you will no longer be able to use martingale or any other similar strategy. anyways casinos with house edge still going to be the only winner in the long run.
It's up to players to choose where to play and whatever kind of casino they play sooner or later they'll realize that they're not actually winning but just earning back what they've lost in the past.
legendary
Activity: 966
Merit: 1006
April 18, 2017, 12:11:59 AM
#47
I am completely against taking any bonuses at all including deposit/re-deposit bonuses which comes with heavy wager requirement. Why to get stucked with rules taking those bonuses if you can simply play with your deposit amount and take whatever you win without any restriction.

Also for small players max bet rules for bonus amount may not make any sense because they always try to bet small and try to meet wagering requirement to free up the bonus.
legendary
Activity: 1463
Merit: 1886
April 17, 2017, 06:45:22 PM
#46
Most people never read the terms ever. But if you ever took the time to read the terms and understand them before making a deposit to get a bonus you would understand that's its generally never a good idea since there are very strict terms.

However most people just skim thru the terms and conditions and complain later.


It's not fair to blame players. In this specific case, the max-bet rule is located in the wrong section titled "free spins" which not only makes it hard to find but also unclear if it only applies to free spins or not.


And secondly, and most importantly -- it's completely reasonable that a person would expect limits are enforced. My casino has a max bet rule (currently 1 BTC), and if someone tries to bet more than that (which happens often...) the server returns an error and says it can't accept such a bet. But to accept the bet, and then confiscate the users funds (often unrelated) for terms of service violation is total and utter bullshit.   Doing so takes money for an innocent mistake or misunderstanding. It's one sided, it's predatory and it's outright scammy.

and yet most of the FortuneJack posters who are promoting them in there sig campaign.  Guess what?  Fortune Jack also has a 0.025 BTC max bet rule in place too.  Like gee almost like it's universal across all soft swiss lines.

Just to be clear, my issue isn't with max bet rules (that's fine). It's not enforcing them on the server, then confiscating money from players that I take issue with. I haven't heard any complaints about FJ in particular, but I'm happy to call them out if they're also scamming users.
hero member
Activity: 574
Merit: 500
April 17, 2017, 06:37:00 PM
#45
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.

You should really make the title clearer.

Every casino has max bet rules. Even the ones in Vegas.

There is a limit to their bankroll and obviously if a whale comes and had 100x more money than the casino itself, he has a high chance of winning everything that the casino has.

What you're referring to is really max bet rules on bonuses. These are sneaky, i agree.
legendary
Activity: 1666
Merit: 1001
April 17, 2017, 06:34:44 PM
#44
For smaller players it does not a problem who do not play with high amount to earn money and who play only for fun while other professional gamblers who want to make money from their gambling will not rely on games which will have that lower max limit.

yeah it supposed not to bother small player who play for fun, but actually by limit the bet the house got the advantage, sometimes bankroll and bet amount really affected our strategy to win, especially when you are using martingale technique, it is okay for casino to have max bet, because they also need to manage their deposit, they putting max bet, so they can afford to pay their customer, but if it set too low then we will have smaller chance to win
legendary
Activity: 3374
Merit: 3095
Playbet.io - Crypto Casino and Sportsbook
April 17, 2017, 05:21:13 PM
#43

You have a good point i already tried a gambling casino before which it has a limitation for bets.. like in a dice game before..
I forgot the name of the dice site but honestly its not provably fair for me because sometimes if i am using martingale it will stop when reaching the limitation which is you can not recover your loses once you are setting 100% increase bet ..
Well unlike other games that you can bet how much you want and there is no limit those are site that actually for me are provably fair..
If they are starting a business they have a enough money and capital that they can pay even the high bets.
So that they can't experience any problem if they are giving maximum limits its provably fair because how about a people who are lose already a lot but they want to recover them all in one single blow.. but the maximum limits already reach . sometimes many people are complaining about this issue before.. they should always clear the terms ..
hero member
Activity: 798
Merit: 500
April 17, 2017, 04:04:25 PM
#42
For smaller players it does not a problem who do not play with high amount to earn money and who play only for fun while other professional gamblers who want to make money from their gambling will not rely on games which will have that lower max limit.
sr. member
Activity: 2436
Merit: 455
April 17, 2017, 11:18:10 AM
#41
I always avoided to apply for any kind of bonus. They just kill the game.

I don't think so, because they are putting a lot of thrill to bet on the game because you are thinking that you are going to get this bonus if you are going to win, and it is not always, a certain gambling site will just give bonuses if they knew that the players feedback on their site is good, and making a large bank roll every day.

So, players would be more fired up on playing on the gambling sites that do have this bonuses, and will not kill the game like what you think, though we have different opinions.
hero member
Activity: 854
Merit: 500
April 17, 2017, 08:41:31 AM
#40
Most of casinos have this rule about max bet. I`m sure this rule is here to prevent martingale system, but I also think that max bet policy can prevent bankruptcy of the casino. They preventing some high roller to come and win some insane bet with insane odd`s.
Anyway I don`t care about this policy, I`m far far away from this max bet`s.

You are right, though the casinos have a lot of capital, but in gambling there is always justice, luck can go to any player. So, they always choose a safe solution, they can own a tremendous amount of capital, but they do not want to lose too much by a player, so the limit is the best bet for them.
legendary
Activity: 2016
Merit: 1107
April 17, 2017, 08:33:41 AM
#39
Most of casinos have this rule about max bet. I`m sure this rule is here to prevent martingale system, but I also think that max bet policy can prevent bankruptcy of the casino. They preventing some high roller to come and win some insane bet with insane odd`s.
Anyway I don`t care about this policy, I`m far far away from this max bet`s.

you,sir,are correct:most of the casinos with investment option (some with privately funded bankroll as well)limit max bet
it is due to the fact that a provably fair casino can sustain only that much of a lucky whale's winning max bets without a risk of closing down
another thing is when the casinos like bitstar are limiting your max bet on free spins or bonus deposits or any other slimy,stinky way to screw you out
of your winnngs in every possible ways
this has nothing to do with the risks mitigations,but pure borderline scam practices
hero member
Activity: 1694
Merit: 502
★Bitvest.io★ Play Plinko or Invest!
April 17, 2017, 08:22:39 AM
#38
Most of casinos have this rule about max bet. I`m sure this rule is here to prevent martingale system, but I also think that max bet policy can prevent bankruptcy of the casino. They preventing some high roller to come and win some insane bet with insane odd`s.
Anyway I don`t care about this policy, I`m far far away from this max bet`s.
legendary
Activity: 3318
Merit: 1247
Bitcoin Casino Est. 2013
April 17, 2017, 08:11:23 AM
#37
The max bet rule is always to stop martingale but people counting on martingale nowadays are non existent. The casinos should let a big max bonus as they have the house edge which will always make them profit. So I also think that these type of casinos that forces you to play only with a low max bet amount should be avoided.
sr. member
Activity: 1666
Merit: 426
April 17, 2017, 08:08:52 AM
#36
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!

exactly! they use bonuses to attract more users or gamblers.
these bonuses they offer are just some sort of a trap..
 that is why it is so important that we should read first the terms and conditions before we put money on a particular site.
That's right... Most of casino were using bonuses to captive more players or gamblers. However, not all bonuses are fake there are few bonus are legit.
I suggest that you need to become wiser inorder to avoid the trap and read important details about them
legendary
Activity: 3808
Merit: 1723
April 17, 2017, 06:28:05 AM
#35
Most people never read the terms ever. But if you ever took the time to read the terms and understand them before making a deposit to get a bonus you would understand that's its generally never a good idea since there are very strict terms.

However most people just skim thru the terms and conditions and complain later.
sr. member
Activity: 479
Merit: 533
April 16, 2017, 10:27:44 PM
#34
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!

exactly! they use bonuses to attract more users or gamblers.
these bonuses they offer are just some sort of a trap..
 that is why it is so important that we should read first the terms and conditions before we put money on a particular site.

Exactly, when I played 2% house edge slot, and try auto spin for 500 mbtc per 100 spins, I lost 50mbtc. It is rigged or I am not lucky? OFC i busted my 500 mbtc deposit in coinbet24. Damn bad luck.
sr. member
Activity: 504
Merit: 250
April 16, 2017, 10:04:38 PM
#33
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!

exactly! they use bonuses to attract more users or gamblers.
these bonuses they offer are just some sort of a trap..
 that is why it is so important that we should read first the terms and conditions before we put money on a particular site.
hero member
Activity: 994
Merit: 502
April 16, 2017, 09:08:47 PM
#32
Casinos were found much these days, but when it comes to online gambling more regulations were made the casinos function similar to real casinos. So we cannot make it an issue.
sr. member
Activity: 364
Merit: 250
April 16, 2017, 08:23:13 PM
#31
Does smell pretty fishy, I mean hell, If I wanted to lose 2 BTC at a pop, they should let me.

I think these kind of people are only in favor of max bet rules.They have a lot of bitcoins to bet so it depends on the players if he wants it or not.
sr. member
Activity: 356
Merit: 250
April 16, 2017, 01:07:06 PM
#30
Bonuses should not be touched. Almost ever.

I believe some casino's (non-btc only i think) have some good offers. Like 7red gave 50% or sometimes 100% deposit bonus, but the bonusmoney was just added as chips, never to be cashed out. So you deposit 100 euro, get 50 euro in chips on top of that. You can play with the 150 euro as long or short as you like, but when you withdraw you don't get to withdraw the 50 euro chips.
hero member
Activity: 663
Merit: 501
April 16, 2017, 12:49:25 PM
#29
Does smell pretty fishy, I mean hell, If I wanted to lose 2 BTC at a pop, they should let me.
legendary
Activity: 1932
Merit: 2272
April 16, 2017, 10:20:38 AM
#28
hero member
Activity: 1299
Merit: 502
April 16, 2017, 09:23:24 AM
#27
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.

actually max bets aren't wrong.

casinos don't have unlimited money, so they can't pay out unlimited money.

what if you make a bet and win it, and the casino doesn't have enough money to pay?

that's what the casino is trying to avoid.

if they have a max bet limit it just means that they can and will pay when you win.

 same chances to lose as any other 'strategy'.

Then they are in the WRONG business. If you accept a bet. You should be ready to pay a bet. If I go into any real casino and use a bonus comp they give me. There is no bet limit or wager requirements. Its a straight up bet. Casinos shouldn't try and milk their way to the top. This is why its best to avoid those whom put these silly max bet terms on bonuses. If I deposit 50 and get 50. My 50 is just as important as theirs. In fact mines is real money from the time I deposit it. While theirs is just play money until wagering has been completed!

You have casinos such as FUN-CASINO that can't even pay winners who don't even use bonuses. Clearly casinos like that has no business being in the gambling business. 
legendary
Activity: 1106
Merit: 1005
April 16, 2017, 08:47:45 AM
#26
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.

actually max bets aren't wrong.

casinos don't have unlimited money, so they can't pay out unlimited money.

what if you make a bet and win it, and the casino doesn't have enough money to pay?

that's what the casino is trying to avoid.

if they have a max bet limit it just means that they can and will pay when you win.

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..

why prevent martingale? It's not like martingale is a secret to win money. 

martingale has the exact same chances to lose as any other 'strategy'.
sr. member
Activity: 308
Merit: 250
April 16, 2017, 07:45:01 AM
#25
0.025 for max bet is really a very low amount, just ard 30 USD!?

so I think better just leave the bonus away, the wager requirement is high enough already... Lips sealed
sr. member
Activity: 728
Merit: 251
April 16, 2017, 07:41:00 AM
#24
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.
so true, recently already a lot website-website scam, their goal that many person play to website they and maybe already some many people been deceived in their site.
sr. member
Activity: 406
Merit: 250
Expert in busting
April 16, 2017, 07:36:32 AM
#23
I always avoided to apply for any kind of bonus. They just kill the game.
legendary
Activity: 1176
Merit: 1001
The most Professional Cryptocurrency Casino
April 16, 2017, 07:35:13 AM
#22
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.
Every casino have their own rules for who want take a bonuses if you dont like the rules, easy never take a bonuses when you play in one casino. i guess 0.025 max bet is enough high and this way for break have a mind who have big bankroll can winwin easily.
hero member
Activity: 1299
Merit: 502
April 16, 2017, 06:59:44 AM
#21
member
Activity: 114
Merit: 10
April 16, 2017, 06:48:30 AM
#20
and yet most of the FortuneJack posters who are promoting them in there sig campaign.  Guess what?  Fortune Jack also has a 0.025 BTC max bet rule in place too.  Like gee almost like it's universal across all soft swiss lines.

Yet oh wait a minute though no one wants to bash Fortune Jack because there promoting them.  Let's just pick on other soft swiss casinos.

Oh let's pick on other Soft Swiss casinos because we want ours to be the only one without shame.  Shall I point out the page with said max bet rule in place for you folks?

I common folks, if your going to be dumb enough to make a deposit.  Then take a bonus and can't be bothered to read the terms.  Then personally I think you get what is coming to you.  To me it's like throwing money away because ya know, there are boxes that say you can not take bonuses if you so desire.

Personally I"m all for those who would rather not take a bonus, because your free to do with your deposit as you please.  Otherwise you decide to take a bonus, I would all the important questions first before I even bother starting to play.

Like for example...

Is there a max bet that I can place? <-- this is now solved in all soft swiss casinos, but others like RTG they still haven't had this implemented yet

Are there disallowed games? <-- Make sure you understand whether it's a slots bonus or an all games bonus, and if it's an all games bonus then what games contribute what to the wagering requirement

What's the wagering requirement?  <-- to me anything over 30 times (deposit + bonus) is starting to become a money trap for the player, they'd have to hit some huge sums just to hope to finish the wagering?

Is there a time frame restriction on how long I have to finish the wagering of this bonus? <-- these are trap bonuses because they make you play them in a really short period of time

Then last but not least, is there a cash out restriction?  <--This one is especially important on free spin or free chips promotions, I'd hate to see someone win big and then get skunked because they had a max cash out restriction in place.

You have to remember these bonuses are provided as a courtesy to the players.  They aren't required of the casino.  They could just take your money straight up and not offer anything at all in return for it.

Yet I really hate folks point fingers at one casino, when pretty much all Soft Swiss casinos are in bed with each other in some form or fashion.
legendary
Activity: 1372
Merit: 1027
Dump it!!!
April 16, 2017, 06:14:33 AM
#19
Not only casino bonuses With Max Bet Rules should be avoided

just all bonuses should be avoid because these come with terms that players themselves do not understand and are only known to the casino itself which results in a player losing money to the so called  predatory terms. We are better off with free bets than a bonus.
hero member
Activity: 2996
Merit: 609
April 16, 2017, 06:03:05 AM
#18
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.
I think it's bad and should be avoided because they don't mention any amount restriction about deposit bonuses and they're pointing out the rules about the freespin when you look at lucky7btc's post above. They should update their terms if they don't want to get their players confused.
Most of casinos are like that which they dont really tend to announce or put up on their terms related on the bonus or whatsoever max bet rules so that if a player would complain related to it they can easily jump in or mention about their rules and regulation in most cases players wont do anything about it since they arent able to achieve the rule and those money would always go on casinos pocket.
legendary
Activity: 3374
Merit: 1922
Shuffle.com
April 16, 2017, 05:55:39 AM
#17
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.
I think it's bad and should be avoided because they don't mention any amount restriction about deposit bonuses and they're pointing out the rules about the freespin when you look at lucky7btc's post above. They should update their terms if they don't want to get their players confused.
legendary
Activity: 3808
Merit: 1723
April 16, 2017, 05:43:05 AM
#16
Yes in my opinion what they are doing is very unfair. Most likely to protect themselves so nobody can actually go over their rollover amount to claim the bonus.

Alot of people are going to be very pissed. They should of at least coded their script or website to block any bets which are over a certain amount.

Either way they just take advantage of people who never read the terms.
member
Activity: 114
Merit: 10
April 16, 2017, 03:02:28 AM
#15
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.
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
April 16, 2017, 02:05:59 AM
#14
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.
hero member
Activity: 798
Merit: 500
April 16, 2017, 12:05:15 AM
#13
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.
legendary
Activity: 1463
Merit: 1886
April 15, 2017, 11:23:31 PM
#12
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.
hero member
Activity: 1299
Merit: 502
April 15, 2017, 08:08:26 PM
#11
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.
klf
legendary
Activity: 1344
Merit: 1000
April 15, 2017, 08:03:49 PM
#10
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.
hero member
Activity: 528
Merit: 500
April 15, 2017, 07:40:47 PM
#9
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.
legendary
Activity: 1463
Merit: 1886
April 15, 2017, 07:28:58 PM
#8
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.
member
Activity: 77
Merit: 10
April 15, 2017, 07:07:23 PM
#7
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..
hero member
Activity: 1299
Merit: 502
April 15, 2017, 07:04:49 PM
#6
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.
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
April 15, 2017, 07:03:26 PM
#5
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
legendary
Activity: 1456
Merit: 1023
April 15, 2017, 06:56:10 PM
#4
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.
member
Activity: 77
Merit: 10
April 15, 2017, 06:41:01 PM
#3
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!
legendary
Activity: 1463
Merit: 1886
April 15, 2017, 06:37:10 PM
#2
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.
hero member
Activity: 1299
Merit: 502
April 15, 2017, 05:54:47 PM
#1
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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