Topic: ★ BITSTARZ.COM - BTC & EUR Casino | Get 200 Free Spins + 5BTC Welcome Package ★ - page 5. (Read 23707 times)

I believe that you believe what your saying is true, and it's not that bad.

But really, it is.  If a player survives 35x playthrough, they're likely to have quite a bit of profit.


And I'm going to take a guess and say the you guys let the smaller cashouts slide, and don't bother letting them know until after they have the big cashout pending.
Kinda like throwing a small fish back in the pond to let him grow a little.

You never answered my question by the way:


Why?

Your deposit bonuses are terribly terribly -ev and offering no deposit bonuses is like throwing steak to a dog and then yelling at him for eating it.

Hi there,

If a genuine player made a mistake to bet over the limit, the absolute worst thing that could happen
would be to be left with their original deposit. Even this is quite rare as we tend to let a lot of these
cases slide if it was an honest mistake.

It becomes a bigger issue if the player has multiple accounts at BitStarz or have been warned but keep
making those bets.

I wouldn't call this clause predatory or a "Unconscionable clause" as it's widely used among casinos online, but we of course understand
that people that are new to casino online are not always familiar with it, and that's the thing we're trying
to distinguish when we make the call of acting on the breach or not.

We're not putting a ton of clauses there to screw people over or setting traps. You'll have to understand that a high betting per game round
in relation to their deposited amount is part of a technique used for bonus abusing. It's not only players who have to be on their toes when
it comes to casinos, casinos also have to be on their toes for rogue players. We're doing all we can and more to avoid genuine players getting
trapped in this and adjusting it retroactively where necessary.

There's always going to be an argument if the term is reasonable or not. If we had put some weird algorithm that, you can only
bet 10% up to 100 euro balance and then 23,5% up to 200 euro balance, etc etc, I'd agree with you completely. But we are
trying to make things as clear as we can. The ultimate responsibility in my personal opinion (I'm a player too) is on the person
who's accepting the terms, and this goes for everything, not just casino online.

You read through the terms, and if you don't like something or don't understand it. You ask, or do not play there. But I also
agree that casinos have an obligation to make things as clear and easy as they possibly can.

Mike

whether to deposit in advance in order to receive a free spin?

Hi there,

No disrespect, but I have to disagree with you on that one, there are plenty of well-funded casinos
that have the same rule in place.

Here are some:

LeoVegas

The maximum bet allowed when using a bonus (until wagering requirements are met) is 50 kr per bet.
Failure to follow this may result in forfeiting any winnings.

RedBet

7.8 The highest wager allowed when using bonus money, until the turnover requirement has been fulfilled, is 5 euro (50 SEK) per spin and 50 eurocent (5 SEK) per betting line. For the purposes of this requirement, a spin is defined as a spin on a game machine, a lottery ticket or a corresponding game in the casino.

SuperLenny

The maximum bet per spin when playing with a bonus is €5/$6/£4 per bet line (or equivalent in any other currency) until the play through requirements of the bonus have been met. This includes double up wagers after the game round has been completed. For example, wagering winnings from X game round on red/black.

SpinEmpire

The maximum bet per spin when playing with a bonus is, unless stated otherwise, €5 per bet (or equivalent in any other currency) until the wagering requirements of the bonus have been met. This includes double-up wagers after the game round has been completed. For example, wagering winnings from X game round on red/black.

YakoCasino

3. The maximum bet per spin when playing with a bonus is €5/5CHF/50NOK/50SEK/$7/R90 per bet (or equivalent in any other currency) until the wagering requirements of the bonus have been met. Should the customer exceed the maximum bonus bet allowed, the bonus balance together with any winnings accumulated will be automatically forfeited.

NoxWin

  4. In the interest of fair gaming and prevention of bonus abuse there is a maximum allowed stake per bet until the wagering requirement has been met. The maximum stake per spin is €6 and €0.5 per bet line. If the player’s account is in a different currency the equivalent amount in that currency applies. Calculate your currency equivalent here.

As far as I'm aware, LeoVegas is the only one who's done an IPO and they're worth
an estimated 380 million dollars on Nasdaq First North. If that's not a well-funded casino,
I'm not sure what is.

Mike

I agree... I believe bitstarz is a underfunded casino and put those terms in place in order to help prevent large hits. Casinos that are underfunded should be avoided or played with caution. A real casino that is serious about gambling doesn't put traps in there T&C

Rofl, where have I heard that exact same thing from?  



Because it's predatory? No one should have all their money forfeited because of a mere accident or misunderstanding. If taken to court, there is almost a zero percent chance that bitstarz would win as it's a text book example of an unconscionable clause.

See: https://en.wikipedia.org/wiki/Unconscionability

Nice reply. Is it up to you or someone else to read terms & conditions? I don't want to be hard on you but please go and check Askgamblers about the site itself. The rule is there and it is up to every one of us to understand it. If you wanted to bet higher with a higher bonus and such I can understand your frustration, but just because of that rule the whole Casino is not worthy? Come on...

Why should they refund every each individiual that does not follow the terms & conditions that they have approved to understand? Please give a clear and understandable reason.

I have doubt this site, if people lost the deposit money because he bet over the limit, will casino refund him? Definitely no, so this casino steals players funds because they win the money.

Nice spam... We know bitstarz does pay. That's not the problem. The problem is their rogue terms and there refusal to fix the problem with limiting bonus betting.

Did you read about other players experiences?

I have only good things to say about Bitstarz.com.

These people are passionate and are striving to make their site the biggest and best Bitcoin betting site. They do also offer regular deposits of course but that's kind of a must if you want the growth.

If anyone have any question at all you are all free to contact me and I will explain and help you out. This site is the only Bitcoin accepting Casino with a legit license which force these guys to follow the rules that is regarding betting.

Anyhow, I do not personally work with these guys but has worked with some of them as well as worked with I-gaming which grants me a good insight in the business, that as well as several years of Bitcoin expertise.

You may know me if you have been around at Primedice. Tratten in the house. Also if you are the hero in the guts, send me a PM and I will referr you to the site including the best bonuses there is. I will start an affiliate network that will work beside the company it self but will have direct contact with employees and will sort vip promotions for only mine registered players.

Have a good one guys, wish you all the best of the best.
Peace out and light up.

OP, plz answer it, why you always avoid this questin?

I am afraid OP have scammed over 1000 btc, alexa.com shows us your global traffic rank is 30k th, rather big site, even is larger than most of fiat casinos. God will punish the scammer owner.   

In total, what is your total gain from seizing cashouts from players for placing a bet greater than 5 euro or BTC.025 bitcoin with an active bonus.

Ballpark it if you have to please.

Bonus is the best way to earn money from players, most of ppl can't clear the high rollover.

Hi there,

I'm just talking about the bonus money here. But bonus do add a perk to the player at the end of the day,
so it's always positive to get a bonus in my opinion, so that would be my recommendation as a player,
not from a casino's perspective. A casino does not make money giving bonuses to players, it's the opposite.

But then it comes down to personal preference.

Mike

I believe there are still many players losses even they turned into cashes, if he deposited one and got two in balance, after he cleared the rollover, he only has 0.1btc, it is still loss, 0.9btc loss for him. The remaining 80% lost both deposit and bonus.

Hi there,

Sorry! Totally missed this one, I don't have any numbers on exactly how many cashouts
we've cancelled due to this rule. Are you referring to how many compared to the one we let go?

On top of my head, I believe that 20% of all bonus money we give out turns into cash. Remember
when I say bonus money, not the amount of players who manage to wager. So it could be for example
19 people who won't get a dime and a 20th person winnings are huge. I hope that makes sense.

Oh no worries, you let me know when you're ready and so am I, just PM me

Mike

Well uh...I've ask you this a couple times.  Would love an answer, or ball park it if you don't want to crunch the numbers.

Hi there,

Sorry, I'm quite confused here?

I thought you were asking me

Mike