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Topic: Bitcoin sportsbook bonuses (Read 1232 times)

hero member
Activity: 1232
Merit: 858
November 16, 2020, 07:48:51 PM
I'm sure more than 50% of the gamblers are not doing this, we have a survey in the forum and you'll be surprise to see the poll result.

Do you read the TOS of a gambling site? Honest answer please.

Done.

Of course, you could have asked gambling sites to place an additional warning about the conditions of receiving and withdrawing the bonus. However, when registering on the site each user agrees to the terms of use, which means that he had to read them to agree.

unfortunately not all gambling sites can provide bonuses for new users because if the gambling place provides that method many will register and try to make withdrawals to their wallets, maybe if they give a bonus there must be a minimum limit for making withdrawals which might be used as a solution best for gambling places.

I do not know any gambling site where you can withdraw the bonus immediately after receiving it. Usually the site requires a certain number of games, make a certain number of bets and so on. Such rules are provided so that people do not register multiple accounts and do not withdraw bonuses from each of them.
hero member
Activity: 2576
Merit: 666
I don't request loans~
November 14, 2020, 09:36:06 PM
Of course, you could have asked gambling sites to place an additional warning about the conditions of receiving and withdrawing the bonus. However, when registering on the site each user agrees to the terms of use, which means that he had to read them to agree.

unfortunately not all gambling sites can provide bonuses for new users because if the gambling place provides that method many will register and try to make withdrawals to their wallets, maybe if they give a bonus there must be a minimum limit for making withdrawals which might be used as a solution best for gambling places.
True. A minimum wager with a deposit is most often required when receiving bonuses, though one instance I don't think the minimum wager is required is when the sportsbook itself adopt a bonus when fits time depositing. Not that I've experienced it or anything though, but minimum wagers should come from other bets, specifically those that they endorse like betting a minimum odds and having a maximum limit of being able to win from that bonus. There's also match bonuses types out there but ofc, a required minimum deposit is needed.
full member
Activity: 1904
Merit: 138
★Bitvest.io★ Play Plinko or Invest!
November 14, 2020, 09:14:54 PM
Of course, you could have asked gambling sites to place an additional warning about the conditions of receiving and withdrawing the bonus. However, when registering on the site each user agrees to the terms of use, which means that he had to read them to agree.

unfortunately not all gambling sites can provide bonuses for new users because if the gambling place provides that method many will register and try to make withdrawals to their wallets, maybe if they give a bonus there must be a minimum limit for making withdrawals which might be used as a solution best for gambling places.

Usually bonuses comes with certain conditions to be met like wagering requirements before one can withdraw. So if you are a player, you need to check the requirements that come along with it, so you will not be surprised when the time of withdrawal comes. Definitely, the casino will impose some sort of conditions because bonuses is easy to abuse if they will not put some restrictions on it.
hero member
Activity: 2548
Merit: 572
#SWGT CERTIK Audited
November 14, 2020, 07:18:37 PM
Of course, you could have asked gambling sites to place an additional warning about the conditions of receiving and withdrawing the bonus. However, when registering on the site each user agrees to the terms of use, which means that he had to read them to agree.

unfortunately not all gambling sites can provide bonuses for new users because if the gambling place provides that method many will register and try to make withdrawals to their wallets, maybe if they give a bonus there must be a minimum limit for making withdrawals which might be used as a solution best for gambling places.
hero member
Activity: 2716
Merit: 904
November 14, 2020, 07:05:26 PM
I have read several such "allegations of fraud". In fact, they were "confessions of stupidity". However, as a rule, such users do not understand that they themselves are guilty of not reading the Terms of Use. We should mention as often as possible in our posts that no one gives bonuses for nothing and with each bonus issued there are obligations to play the right number of games or make the same amount of bets. Perhaps this will save some newcomers from "confessions of stupidity".

It would not be hard for them to know that if they will make a research first before depositing to a casino to avail the bonus.

What they only read is the small sentence which attracts most gamblers to play, but the rest of that are the real terms and condition they have to comply before they can avail that. It's so tricky but that is how marketing works for casino and it's not illegal so we can't blame them.

Of course, you could have asked gambling sites to place an additional warning about the conditions of receiving and withdrawing the bonus. However, when registering on the site each user agrees to the terms of use, which means that he had to read them to agree.

I'm sure more than 50% of the gamblers are not doing this, we have a survey in the forum and you'll be surprise to see the poll result.

Do you read the TOS of a gambling site? Honest answer please.

hero member
Activity: 1232
Merit: 858
November 09, 2020, 11:57:15 AM
I have read several such "allegations of fraud". In fact, they were "confessions of stupidity". However, as a rule, such users do not understand that they themselves are guilty of not reading the Terms of Use. We should mention as often as possible in our posts that no one gives bonuses for nothing and with each bonus issued there are obligations to play the right number of games or make the same amount of bets. Perhaps this will save some newcomers from "confessions of stupidity".

It would not be hard for them to know that if they will make a research first before depositing to a casino to avail the bonus.

What they only read is the small sentence which attracts most gamblers to play, but the rest of that are the real terms and condition they have to comply before they can avail that. It's so tricky but that is how marketing works for casino and it's not illegal so we can't blame them.

Of course, you could have asked gambling sites to place an additional warning about the conditions of receiving and withdrawing the bonus. However, when registering on the site each user agrees to the terms of use, which means that he had to read them to agree.
hero member
Activity: 2926
Merit: 636
November 09, 2020, 03:30:34 AM
Just many people are looking for sites with gambling primarily by the size of the bonus that is given for registration on the site or for the first deposit. The rules of course no one reads. Then these people outraged that they can not withdraw their bonus and the site requires them to make a certain number of bets or there are other conditions.
That's very common, some newbie gamblers got easily attach to the promising promotion without reading the entire rules, they think that winning is easy and they have not thought that casinos are not really giving free money, so when they found out late, they outrage and instead of blaming their stupidity, they blame the gambling sites for it, it's very common here, you can see a lot of users posting "scam accusations".

I have read several such "allegations of fraud". In fact, they were "confessions of stupidity". However, as a rule, such users do not understand that they themselves are guilty of not reading the Terms of Use. We should mention as often as possible in our posts that no one gives bonuses for nothing and with each bonus issued there are obligations to play the right number of games or make the same amount of bets. Perhaps this will save some newcomers from "confessions of stupidity".

It would not be hard for them to know that if they will make a research first before depositing to a casino to avail the bonus.

What they only read is the small sentence which attracts most gamblers to play, but the rest of that are the real terms and condition they have to comply before they can avail that. It's so tricky but that is how marketing works for casino and it's not illegal so we can't blame them.
hero member
Activity: 1232
Merit: 858
November 08, 2020, 07:35:20 PM
Just many people are looking for sites with gambling primarily by the size of the bonus that is given for registration on the site or for the first deposit. The rules of course no one reads. Then these people outraged that they can not withdraw their bonus and the site requires them to make a certain number of bets or there are other conditions.
That's very common, some newbie gamblers got easily attach to the promising promotion without reading the entire rules, they think that winning is easy and they have not thought that casinos are not really giving free money, so when they found out late, they outrage and instead of blaming their stupidity, they blame the gambling sites for it, it's very common here, you can see a lot of users posting "scam accusations".

I have read several such "allegations of fraud". In fact, they were "confessions of stupidity". However, as a rule, such users do not understand that they themselves are guilty of not reading the Terms of Use. We should mention as often as possible in our posts that no one gives bonuses for nothing and with each bonus issued there are obligations to play the right number of games or make the same amount of bets. Perhaps this will save some newcomers from "confessions of stupidity".
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
November 08, 2020, 06:46:47 PM
Just many people are looking for sites with gambling primarily by the size of the bonus that is given for registration on the site or for the first deposit. The rules of course no one reads. Then these people outraged that they can not withdraw their bonus and the site requires them to make a certain number of bets or there are other conditions.
That's very common, some newbie gamblers got easily attach to the promising promotion without reading the entire rules, they think that winning is easy and they have not thought that casinos are not really giving free money, so when they found out late, they outrage and instead of blaming their stupidity, they blame the gambling sites for it, it's very common here, you can see a lot of users posting "scam accusations".
hero member
Activity: 1232
Merit: 858
November 08, 2020, 06:36:09 PM

The wagering requirements are a trap and designed to force the gamblers to lose more, IMHO. Otherwise, it is pointless to throw away free money just for sake of promotion. Bonus abusers are not welcome on famous gambling platforms and they know which sites have the strict requirements gainst bonus hunters. Sportsbook bonuses are not there only for motivating the gamblers, some bookies attract gamblers with bonuses and they offer the deposit bonuses in the casino section of the website in order to ask for higher wagering requests.

Why the wagering requirements this is a trap? You get a bonus that you need to earn. If you are lucky, you will get both a bonus and a win on bets. If you are unlucky, you will lose your bonus. In the end, if you find something similar to a trap in the rules and you are not satisfied with it, you can find another gambling site.
That's it. And it gives no reason to stay if the site looks suspicious and leaving is the only way to make ourselves safe to a worse case. 
But I don't find it was a trap, wagering requirenment might be optional for us to take or not. However, I don't think that was a means of trap because almost all gambling sites have giving it as a giveaway and everyone could enjoy it without pressure. I'm just doubted how the site that you've visited pushing you to use it as a requirement which I think is not and we skip for it if we don't want to use it.

Just many people are looking for sites with gambling primarily by the size of the bonus that is given for registration on the site or for the first deposit. The rules of course no one reads. Then these people outraged that they can not withdraw their bonus and the site requires them to make a certain number of bets or there are other conditions.
sr. member
Activity: 2828
Merit: 344
win lambo...
November 02, 2020, 05:00:34 PM

The wagering requirements are a trap and designed to force the gamblers to lose more, IMHO. Otherwise, it is pointless to throw away free money just for sake of promotion. Bonus abusers are not welcome on famous gambling platforms and they know which sites have the strict requirements gainst bonus hunters. Sportsbook bonuses are not there only for motivating the gamblers, some bookies attract gamblers with bonuses and they offer the deposit bonuses in the casino section of the website in order to ask for higher wagering requests.

Why the wagering requirements this is a trap? You get a bonus that you need to earn. If you are lucky, you will get both a bonus and a win on bets. If you are unlucky, you will lose your bonus. In the end, if you find something similar to a trap in the rules and you are not satisfied with it, you can find another gambling site.
That's it. And it gives no reason to stay if the site looks suspicious and leaving is the only way to make ourselves safe to a worse case. 
But I don't find it was a trap, wagering requirenment might be optional for us to take or not. However, I don't think that was a means of trap because almost all gambling sites have giving it as a giveaway and everyone could enjoy it without pressure. I'm just doubted how the site that you've visited pushing you to use it as a requirement which I think is not and we skip for it if we don't want to use it.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
November 02, 2020, 03:08:34 PM
because as you say in a fiat sports book you can fulfil your wagering requirements with one or two bets but in the case of cryptocurrency casino this takes a very long time to the point many decide to not receive bonuses just to be able to withdraw their money with more liberty.

Crypto gambling is anonymous. An easy wagering requirement might be abused and no way the site can hunt down the user who will do that.

In fiat sportsbook, they have access to their user's identity so, in case of fraud or will take advantage of the wagering requirement, they can put it on their watchlist.

And no, you are all wrong that wagering requirement is fiat sportsbook is easy to achieve just because you saw the requirement is lower compared to crypto sportsbook.
If the rollover requirement in a fiat sportsbook is 2x and the equivalent rollover requirement in a bitcoin casino is 15x how is it possible to say that it is not easier to fulfil the conditions on the fiat casino than it is on the bitcoin casino? I understand they are protecting themselves from abuse and I think everyone here gets that, but facts are facts, the rollover requirement when it comes to bonuses are many times higher than what you see in fiat casinos to the point there are people like myself that prefer to receive no bonuses at all as I do not want to have my coins tied to the casino for so long.
hero member
Activity: 2814
Merit: 576
October 29, 2020, 10:26:14 PM
because as you say in a fiat sports book you can fulfil your wagering requirements with one or two bets but in the case of cryptocurrency casino this takes a very long time to the point many decide to not receive bonuses just to be able to withdraw their money with more liberty.

Crypto gambling is anonymous. An easy wagering requirement might be abused and no way the site can hunt down the user who will do that.

In fiat sportsbook, they have access to their user's identity so, in case of fraud or will take advantage of the wagering requirement, they can put it on their watchlist.

And no, you are all wrong that wagering requirement is fiat sportsbook is easy to achieve just because you saw the requirement is lower compared to crypto sportsbook.

Abusing a wagering requirement is not a serious offense, the site can put a blacklist of the name of the abusers but these people will just create a new account since we are doing it anonymously, but, they don't need to that, the site just have to improve their system and make it favorable to them all the time, in a legal way of course.
legendary
Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game
October 29, 2020, 07:37:52 PM
because as you say in a fiat sports book you can fulfil your wagering requirements with one or two bets but in the case of cryptocurrency casino this takes a very long time to the point many decide to not receive bonuses just to be able to withdraw their money with more liberty.

Crypto gambling is anonymous. An easy wagering requirement might be abused and no way the site can hunt down the user who will do that.

In fiat sportsbook, they have access to their user's identity so, in case of fraud or will take advantage of the wagering requirement, they can put it on their watchlist.

And no, you are all wrong that wagering requirement is fiat sportsbook is easy to achieve just because you saw the requirement is lower compared to crypto sportsbook.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
October 29, 2020, 12:50:09 PM
You can easily find sportsbook with welcome bonus. It's one major way of attracting customers or clients to their sites. Most if not all sportsbook have welcome bonuses ranging from a few percentage of the deposit to as high as 400%.
However, you should note that if your deciding factor for choosing a sportsbook is the welcome bonus, then you're liable to fall victim of scams. You should know many of these sportsbook have promised very huge welcome bonuses only to turn out to scams, freezing the accounts with funds.
I'd advice you consider withdrawal fee, the minimum withdrawal amount and most importantly the reputation of such sportsbook on forums like this before you make deposits with them
There are plenty of available sportsbook or casino bonuses but the wagering requirements are higher than average. In fiat sportsbooks, the wagering requirement is around %200 but in the crypto gambling industry this number climbs up to %1500 depending on the bookie. The odds limit is another problem, the minimum odd should be 1.4 for counting the bet towards the wagering requirement.
True but at the same time it is natural that sports books decide to protect themselves after all we know there are many people trying to look for ways to take advantage of those bonuses as they are basically free money, however I have always thought the wagering requirements are in fact very high, because as you say in a fiat sports book you can fulfil your wagering requirements with one or two bets but in the case of cryptocurrency casino this takes a very long time to the point many decide to not receive bonuses just to be able to withdraw their money with more liberty.
hero member
Activity: 1470
Merit: 521
No more Rekt and Bust
October 28, 2020, 07:43:00 PM
You can easily find sportsbook with welcome bonus. It's one major way of attracting customers or clients to their sites. Most if not all sportsbook have welcome bonuses ranging from a few percentage of the deposit to as high as 400%.
However, you should note that if your deciding factor for choosing a sportsbook is the welcome bonus, then you're liable to fall victim of scams. You should know many of these sportsbook have promised very huge welcome bonuses only to turn out to scams, freezing the accounts with funds.
I'd advice you consider withdrawal fee, the minimum withdrawal amount and most importantly the reputation of such sportsbook on forums like this before you make deposits with them
There are plenty of available sportsbook or casino bonuses but the wagering requirements are higher than average. In fiat sportsbooks, the wagering requirement is around %200 but in the crypto gambling industry this number climbs up to %1500 depending on the bookie. The odds limit is another problem, the minimum odd should be 1.4 for counting the bet towards the wagering requirement.
Crypto sportsbook can't compete to the fiat sportsbook as fiat sportsbook is really big, their bonuses are easier since they have a lot of gamblers, while in crypto they have only few numbers but still profitable, and the thing is, crypto sportsbook is so friendly to small bettors due to a very low minimum per bet and that's what they are trying to get, they want volume of bettors.
In the crypto gambling industry, the bonuses are not fairly distributed due to the volume. Maybe the big fiat bookies have the necessary facilities to distribute a huge part of the bonus rewards but the KYC factor is stronger compared to crypto sportsbooks. I don't think the crypto bookies are smaller than average fiat gambling platforms, bonus conditions are not hard to pass in both types of bookies. Maybe in the future, the crpyot gambling industry will be able to combine both offers in a single platform.
hero member
Activity: 1232
Merit: 858
October 26, 2020, 06:59:34 PM

The wagering requirements are a trap and designed to force the gamblers to lose more, IMHO. Otherwise, it is pointless to throw away free money just for sake of promotion. Bonus abusers are not welcome on famous gambling platforms and they know which sites have the strict requirements gainst bonus hunters. Sportsbook bonuses are not there only for motivating the gamblers, some bookies attract gamblers with bonuses and they offer the deposit bonuses in the casino section of the website in order to ask for higher wagering requests.

Why the wagering requirements this is a trap? You get a bonus that you need to earn. If you are lucky, you will get both a bonus and a win on bets. If you are unlucky, you will lose your bonus. In the end, if you find something similar to a trap in the rules and you are not satisfied with it, you can find another gambling site.
hero member
Activity: 2954
Merit: 605
October 26, 2020, 06:35:45 PM
The wagering requirements are a trap and designed to force the gamblers to lose more,

That's wrong, for me, wagering requirements are the protection of the sportsbook for them not to get abuse, they always ensure that odds are in their favor, even the promotion they are giving, so we should also be smart of joining the promotion or the bonuses they are offering, it's a way to lure gamblers to continue to play but it's not really a trap if you are a gambler as your intention is to gamble.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
October 26, 2020, 05:58:21 PM
There's plenty of good and bias review online, if they can't get into the right platform like our forum, then there's a chance that they would make some mistakes and lose money, I think that's normal for some newbies but it's important that they will learn from that mistakes.

Those people who tend to make mistakes are likely the people who does not understand the real risk of gambling IMO, hence even if they will not get scam, they will still likely to lose in the long run if they are not doing a responsible gambling.

Sometimes people are too lazy to read the rules of the gambling site where they register. They don't even want to know what the rules are for the bonuses they receive. That is why some of them do not think to look for forums or sites with reviews on the site where they want to register and play. This is also why such people lose so much of their money.
Yeah, actually there are colossal wagering requirements which are not even possible to complete for a normal gambler and they end up losing their initial deposit too in greed of getting a deposit bonus or welcome bonus offer. I always read the TOS for giveaways very seriously and closely because there are often hidden bombs which are made for the sole purpose of cheating gambler and since you agreed to those terms you cannot even complain against them.

I rather prefer promotions like stake offers where we don't have to be a new customer and make bets simply like they offer double UFC winnings if your fighter wins by submission and the bonus they give is direct cash with no wagers needed.

I doubt that anyone offers bonuses for the purpose of deceiving players. In this way, they attract a part of the players - this is true. Any sane player understands that no one will allow you to withdraw the bonus immediately after receiving it. Otherwise, it would be possible to create thousands of accounts and ruin a gambling site. If the player has any doubts, he can always read the rules that are available for reading.
The wagering requirements are a trap and designed to force the gamblers to lose more, IMHO. Otherwise, it is pointless to throw away free money just for sake of promotion. Bonus abusers are not welcome on famous gambling platforms and they know which sites have the strict requirements gainst bonus hunters. Sportsbook bonuses are not there only for motivating the gamblers, some bookies attract gamblers with bonuses and they offer the deposit bonuses in the casino section of the website in order to ask for higher wagering requests.
hero member
Activity: 1232
Merit: 858
October 26, 2020, 05:35:16 PM
There's plenty of good and bias review online, if they can't get into the right platform like our forum, then there's a chance that they would make some mistakes and lose money, I think that's normal for some newbies but it's important that they will learn from that mistakes.

Those people who tend to make mistakes are likely the people who does not understand the real risk of gambling IMO, hence even if they will not get scam, they will still likely to lose in the long run if they are not doing a responsible gambling.

Sometimes people are too lazy to read the rules of the gambling site where they register. They don't even want to know what the rules are for the bonuses they receive. That is why some of them do not think to look for forums or sites with reviews on the site where they want to register and play. This is also why such people lose so much of their money.
Yeah, actually there are colossal wagering requirements which are not even possible to complete for a normal gambler and they end up losing their initial deposit too in greed of getting a deposit bonus or welcome bonus offer. I always read the TOS for giveaways very seriously and closely because there are often hidden bombs which are made for the sole purpose of cheating gambler and since you agreed to those terms you cannot even complain against them.

I rather prefer promotions like stake offers where we don't have to be a new customer and make bets simply like they offer double UFC winnings if your fighter wins by submission and the bonus they give is direct cash with no wagers needed.

I doubt that anyone offers bonuses for the purpose of deceiving players. In this way, they attract a part of the players - this is true. Any sane player understands that no one will allow you to withdraw the bonus immediately after receiving it. Otherwise, it would be possible to create thousands of accounts and ruin a gambling site. If the player has any doubts, he can always read the rules that are available for reading.
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