Pages:
Author

Topic: Cashback with wagering requirements and same bonus make sense? (Read 990 times)

legendary
Activity: 1204
Merit: 1005
The thing that makes me laugh when reading what OP said is, you will get 30% when your balance runs out, it is a silly thing in my opinion, so I have to spend my money first to get it, this is too much.
Lots of casinos that offer better than that without having to spend the balance in our account first to get the bonus, so what if we are not inferior and continue to win, the balance in the account increases, until whenever we will not get the bonus, even when we have already Implement bets in a count of dozens of times.

It's not a cashback, but returns money if you lose.
legendary
Activity: 1960
Merit: 3107
LE ☮︎ Halving es la purga
Yes, the small print, so, that's why they are called that, is either not read or we take it for granted, time restrictions are another tedious thing, you want to ask  40x don't pressure me with a week, etc. and in that "etc.", for example in the case of OP, just look for rollover conditions that suit you, your betting style... or better find the right casino.
hero member
Activity: 1065
Merit: 510
IMO it's pretty shady to email customers claiming 1 type of bonus and then screwing them over after they deposit and tell you you should have read the terms attached to the bonus. Yes you should read bonus terms, but let's assume you didn't and made a deposit. When I read deposit bonus, I feel like they are adding some sort of money to my deposit. What else could it mean?

If you want to succeed in the gambling industry you need to treat your customers fair and offer bonuses that will make them want to keep coming back. You screw a customer over once and you might just lose them forever. You screw over 1000 customers and they all say screw that site, you might lose 10000 customers from word of mouth. You just hurt yourself 10x for being shady. Makes no sense. Keep the customers happy and keep them coming back.
Yes, they might be able to make up some money but that will really be just only good on one time and they will really be losing up user and if this one continues then it will leading up to the demise of a particular business. I dont know on why these some other casinos really that be having this kind of thinking on screwing up their users on putting up some terms and conditions kind of reasoning in regarding about bonuses. Just like on what you have said that if they screw out on every gamblers who do made out some deposit and make those bonuses to be that pain in the ass, then 100% they wont really be coming back into that site on which this is really that bad for the business and its not shocking that one day they will be closing up their doors on very short time period.
legendary
Activity: 3808
Merit: 4603
Contact @yahoo62278 on telegram for marketing
IMO it's pretty shady to email customers claiming 1 type of bonus and then screwing them over after they deposit and tell you you should have read the terms attached to the bonus. Yes you should read bonus terms, but let's assume you didn't and made a deposit. When I read deposit bonus, I feel like they are adding some sort of money to my deposit. What else could it mean?

If you want to succeed in the gambling industry you need to treat your customers fair and offer bonuses that will make them want to keep coming back. You screw a customer over once and you might just lose them forever. You screw over 1000 customers and they all say screw that site, you might lose 10000 customers from word of mouth. You just hurt yourself 10x for being shady. Makes no sense. Keep the customers happy and keep them coming back.
hero member
Activity: 896
Merit: 654
Leading Crypto Sports Betting & Casino Platform
how cunning the casino is in deceiving its customers, indirectly they have reduced the reputation of their casino, we very often ignore the TOS that applies in each casino, but the casino uses it to deceive its customers

There have been cases where casinos have changed the ToS without any notice... but it doesn't go unnoticed for too long, someone on this forum notices and lets everyone else know. Some casinos have twisted rules for their bonuses at the very beginning, but that's their choice and right to make everything how they want, just like we players have the right to look for a better casino that offers us more.

After all, if the conditions are bad, the casino will not attract players, or if there are players, they will slowly go to other places. This is precisely why some casinos are more successful than others, they offer more features and better conditions.

True.  Some people say "Casinos never fail". Wrong. There have been tons of failed casinos throughout the history of gambling. All of them either had bad ToS or they were changing their ToS without any notice. Such casinos don't attract much customers and that's why they fail losing all the money invested in the business.
I prefer to hold the belief that casinos don't fail, the evidence is all around us but it's just a general belief. However, in general/wider view, there are exceptions, companies can fail, it even happens where success is most feasible, it's always like that, and this could be for many reasons, which is not limited to your claim of the ToS. As a fact, the issue of the ToS is even the least of the reasons why casinos could fail because many of them are changing the ToS regularly and are still doing well. I believe that lack of resources, poor marketing, unprofessionally (service and creation) and poor management are major factors for the failure.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
Such casinos usually use gamblers as a tempting bonus, if a gambler deposits there and the gambler directly they will not be able to use that deposit bonus. This is true because it is better not to enter such gambling sites, and if you accidentally create an account on such a gambling site and deposit, you will be hit repeatedly and you will have to lose your money intentionally.
 And if the money you deposit and gamble or win at the casino is more than the original balance, you will have trouble withdrawing it and will repeatedly throw you into confusion. So it is best for everyone to be careful of such gambling sites, and it is better to use trusted gambling sites.
That depend on the casino because if that casino is trust and have reputation, they will give the bonus to their members because that is one of many ways that they can do to make their members stay in their casino. But if that is a scam casino, people must be careful and not deposit on that casino or stay away from the casino. We don't have to risks our money in a wrong casino so that is why we must research before we decide. We must know how much money we use to gamble so we don't have to spend too much money in gambling. That is what we must do to prevent the big lose in gambling while we only need to enjoy the gambling as an entertainment.
sr. member
Activity: 322
Merit: 227
Playbet.io - Crypto Casino and Sportsbook
Unfortunately, that means spending and depositing money just to find out the truth. That is why we need to be cautious when dealing with these offers. For me, it is better to stick with reputable gambling sites that may offer smaller bonuses but are safe and actually achievable.

The new casino launching are guilty of this crime as they intentionally decieve gamblers into using their casino when they are not trustworthy. I do not patronized new casino that do not have any reputation atleast because I do not want to fall victim of what the OP is describing. Alot of boynus that some casino offers should not be taken, the criterias to qualify for the bonus are impossible. I do not understand why I have to bet an equivalent of the money I deposited before I can be eligible for a bonus, are the casino trying to make me to lose by gambling all my money. They are also making people now deposit a smaller amount of money and as such losing the potential gains they would had made. Half is better than 100% to be wagered before qualifying for a deposit bonus.
hero member
Activity: 2548
Merit: 769
Recently, I avail a special promotion sent to my email by a casino that I will not mention the name.

They offer me a 30% bonus on my deposit and the only requirements is just x10 wager so I become interested to deposit. As the game progress I notice that my wager doesn’t count towards my bonus so I ask for the support about the error. They point out to me that the bonus will just take effect if my main balance will lose first.

So this bonus categorized as cashback not a deposit bonus and worst it has wagering requirements. It’s my fault to not read the bonus ToS first but the email is clearly a deposit bonus.

Just be aware and always read the ToS, casino nowadays are using this method to encourage user to deposit thinking that it will be just a regular deposit bonus. Always read the fine print.
One more trick for casino. I was catch at least twice( don`t sure, it was long ago) after it i began to read all. Now i don`t try to catch such bonuses but read it anyway. And i have to say that lots of such bonuses seriously differs from big letters in the head of the message.
As the result i can remember just 2-3 bonuses on first deposit that i could get easy enough, the other bonuses had problems with getting it or gave me something else that i don`t need.
hero member
Activity: 1778
Merit: 907
Such casinos usually use gamblers as a tempting bonus, if a gambler deposits there and the gambler directly they will not be able to use that deposit bonus. This is true because it is better not to enter such gambling sites, and if you accidentally create an account on such a gambling site and deposit, you will be hit repeatedly and you will have to lose your money intentionally.
 And if the money you deposit and gamble or win at the casino is more than the original balance, you will have trouble withdrawing it and will repeatedly throw you into confusion. So it is best for everyone to be careful of such gambling sites, and it is better to use trusted gambling sites.
I don't know which casino the OP is talking about, but what did you expect? To receive free money just by depositing? I don't think this necessarily makes the casino "bad"; I'm not blaming the OP here; we've all fallen victim to these so-called bonuses. These bonuses are rarely what they seem to be and usually have fine print on how they're distributed. In this case, it's a cashback bonus on your losses. I know it's not worth much, but at least you'll receive something back in case you've lost, which you can use to make a few bets or play a few games again.
legendary
Activity: 1358
Merit: 1565
The first decentralized crypto betting platform
All in all, it's a shitty bonus. I realised a long time ago that bonuses don't usually do much good as they are designed to make you bet more than you would if you didn't have the bonus, and therefore end up losing more. I'm not saying they're all like that, but at least most of them are, so I usually pass on bonuses.

It's just a cashback on a loss. It is a fairly common type of welcome bonus, which is offered to choose from along with the usual first deposit bonus. I don't like to use either. There is no need to make a large number of wagers. In fact, all these bonuses can be compared as leverage in trading. And if you play without bonuses, then this is an analogy of spot trading.

I agree and I like the analogy you make with trading, I had never thought of it that way.
hero member
Activity: 1736
Merit: 857
It's just a cashback on a loss. It is a fairly common type of welcome bonus, which is offered to choose from along with the usual first deposit bonus. I don't like to use either. There is no need to make a large number of wagers. In fact, all these bonuses can be compared as leverage in trading. And if you play without bonuses, then this is an analogy of spot trading.
legendary
Activity: 2660
Merit: 3710
I usually don't pay attention to bonuses and various marketing tricks anymore. Most likely, these marketing promotions have a compensating part that makes the marketing offer not as good as it may seem to you at the very beginning.
And as a rule, these bonuses are relatively small. There are many small annoying rules with endless clarifications and restrictions. In general, this is ordinary marketing aimed at involving you in the game and so that you play on emotions and do not include rational thinking.
sr. member
Activity: 798
Merit: 377
Recently, I avail a special promotion sent to my email by a casino that I will not mention the name.
They offer me a 30% bonus on my deposit and the only requirements is just x10 wager so I become interested to deposit. As the game progress I notice that my wager doesn’t count towards my bonus so I ask for the support about the error. They point out to me that the bonus will just take effect if my main balance will lose first.
Just be aware and always read the ToS, casino nowadays are using this method to encourage user to deposit thinking that it will be just a regular deposit bonus. Always read the fine print.

Such casinos usually use gamblers as a tempting bonus, if a gambler deposits there and the gambler directly they will not be able to use that deposit bonus. This is true because it is better not to enter such gambling sites, and if you accidentally create an account on such a gambling site and deposit, you will be hit repeatedly and you will have to lose your money intentionally.
 And if the money you deposit and gamble or win at the casino is more than the original balance, you will have trouble withdrawing it and will repeatedly throw you into confusion. So it is best for everyone to be careful of such gambling sites, and it is better to use trusted gambling sites.
legendary
Activity: 3346
Merit: 1134
Leading Crypto Sports Betting & Casino Platform
Thank you for sharing your experience and warning about this type of behavior from some casinos, and of course, i sympathize with any losses you may have suffered due to this.

I never pay attention to these types of bonuses, because most of the time you have to meet certain requirements that will only make you deposit more and bet more or increase your bet more.

It's a marketing strategy by casinos to attract more customers and consequently more deposits, when we think it is free, in fact, most customers lose out due to the spike in bets.
I learned this the hard way. There was this new gambling site that I found here in the forum way back a year ago and I tried playing on it when I saw the great offers of bonuses, rakeback, and promotions. But when I got on the site, I saw and experienced how difficult it is to meet their requirements. It requires a huge amount of deposited money daily and it resets every day.
It could've been better if it was a wagering requirement because somehow a gambler could spin the money back and forth and make a large wager with a small amount of money but that's not the case. From then on, I dislike offers of deposit bonuses or other kinds of promotions and I am keen on checking gambling sites first.
hero member
Activity: 980
Merit: 585
Leading Crypto Sports Betting & Casino Platform
So it can be concluded that this is an indirect fraud, if it does not match what they write and practice, maybe this can be used as a reference if someone says that cashback deposits must be a little careful and avoid casinos like this.

Well what's necessary is that every user or gambler should always read the terms of service very well before ever jumping to conclusions of wagering requirements. Tho sometimes having such welcome bonus are cashbacks makes the game more thrilling and exciting to play but like I use to say they are somewhat like a bait that lures users to see reasons with making use of the site.
hero member
Activity: 798
Merit: 1045
Goodnight, ohh Leo!!! 🦅
10%, 20%, and I even saw 50% offers of cashback but if you really look deep inside after you signed up, you will see the difference.
Okay first of all, it seems like you're confused about what the OP is trying to prove ... There's a difference between cashbacks and  the regular welcome bonuses, are you aware of that?.. I'll explain briefly; cashbacks are basically the little fractions of what you've lost in a casino, over a period of time, being credited back into your wallet... In some cases, it may be non-withdrawable. Welcome bonuses are credited immediately after making deposits so, as long as it's more than what the requirement states, the shouldn't be a problem.

I usually don't pay attention to bonuses and various marketing tricks anymore. Most likely, these marketing promotions have a compensating part that makes the marketing offer not as good as it may seem to you at the very beginning.
That's the best thing to do... If I must register on a casino, it'll have to be on my own agreement and self awareness. Mouth- watering bonuses would often be a cover up on the real deal. It looks too good to be true, it's definitely not.
sr. member
Activity: 2436
Merit: 343
This is not something new and I have seen similar stories relating to this, do you actually think the casino will offer a free bonus you can clearly trust 100%? No. What’s said about the casino bonus is just a means to encourage gamblers not to lure let’s be clear with all this. I usually follow this simple law before depositing I make sure I read the rules first if not everything I center my thought towards depositing or other fields for example I’m sure every casino have their different wagering requirements before withdrawing.
Perhaps this is just a dirty tactic since most gamblers are greedy. The main reason they do this is to lure in new gamblers, believing it will benefit them, but in the end, it is the players who get robbed. It is painful to think about, but we can’t really know if a casino truly delivers on its bonuses unless we try it ourselves. Unfortunately, that means spending and depositing money just to find out the truth.
That is why we need to be cautious when dealing with these offers. For me, it is better to stick with reputable gambling sites that may offer smaller bonuses but are safe and actually achievable.
sr. member
Activity: 182
Merit: 120
This is not something new and I have seen similar stories relating to this, do you actually think the casino will offer a free bonus you can clearly trust 100%? No. What’s said about the casino bonus is just a means to encourage gamblers not to lure let’s be clear with all this. I usually follow this simple law before depositing I make sure I read the rules first if not everything I center my thought towards depositing or other fields for example I’m sure every casino have their different wagering requirements before withdrawing.
hero member
Activity: 1120
Merit: 540
Duelbits - Play for Free | Win for Real
Thank you for sharing your experience and warning about this type of behavior from some casinos, and of course, i sympathize with any losses you may have suffered due to this.

I never pay attention to these types of bonuses, because most of the time you have to meet certain requirements that will only make you deposit more and bet more or increase your bet more.

It's a marketing strategy by casinos to attract more customers and consequently more deposits, when we think it is free, in fact, most customers lose out due to the spike in bets.
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
how cunning the casino is in deceiving its customers, indirectly they have reduced the reputation of their casino, we very often ignore the TOS that applies in each casino, but the casino uses it to deceive its customers
There have been cases where casinos have changed the ToS without any notice... but it doesn't go unnoticed for too long, someone on this forum notices and lets everyone else know. Some casinos have twisted rules for their bonuses at the very beginning, but that's their choice and right to make everything how they want, just like we players have the right to look for a better casino that offers us more.

After all, if the conditions are bad, the casino will not attract players, or if there are players, they will slowly go to other places. This is precisely why some casinos are more successful than others, they offer more features and better conditions.

Most of the time, the terms are already there, however, it is how the player understood the terms. This is why if you want an assurance, better clarify it from the casino itself. Good thing for the OP, he already asked the site while his games progresses. Otherwise, he will be surprised later on if he wants to withdraw, and he couldn't because he has not achieved the required wagering requirements.

If you are a serious player and depositing significant amount on the site, it is always best to -
> read their terms at least in their deposit/withdrawal terms
> kyc procedure especially if the site is licensed
> check the faq for quick reference of some pointers
> understand the conditions under the availed perks, bonuses or rewards
Pages:
Jump to: