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Topic: Cashback with wagering requirements and same bonus make sense? - page 3. (Read 704 times)

hero member
Activity: 1092
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Leading Crypto Sports Betting & Casino Platform
Previously, I myself never took the bonuses provided or offered by the casino because of certain conditions that I think make my gambling not so free because there are benchmarks that become withdrawal requirements. However, another thing with cashback I always take it because it happens without any requirements, just suddenly the balance in my account is filled with a comparison of the balance that I allocated previously, this cashback occurs once a week.

Apart from that, I have several friends who also like to gamble and the difference is that he always takes the bonuses or promotions offered by the casino.
I noticed the gambling he did, previously he deposited an amount of around $ 50 because he took the promotional feature offered the balance that entered his account became $ 80, this is profitable but the withdrawal requirement is that he can withdraw if the balance has reached twice the capital and the bonus obtained, which is around $ 160, this makes me a little uncomfortable because I myself if I allocate $ 50 and I have reached $ 100 then I prefer to withdraw it rather than having to continue risking it.
hero member
Activity: 784
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Top Crypto Casino
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.
Yes, that's a very useful advice to everyone, and I believe everyone should follow it to be safe from such ToS issues. It's not really a good thing that some casinos do and that's why a user should be aware of such things before making any deposits in order to gain advantage from the bonus.
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
Well, I don't blame the gambler, because betting houses may not give clear explanations about their promotions, so they attract a larger number of customers, even though they are there simply because they misunderstood the terms of the promotion, which looked interesting and worthy at first sign.

Fact is that hardly ever you will find a worthful promotion to be joined. Casinos don't make any effort to benefit their customers these days. It's actually a common phenomeon observed in every industries which have as public target the masses as main consumers of their services.

It's easy to deceive the masses. Meanwhile, they don't demand high quality from the services offered. Therefore, it doesn't encourage businesses to give their best to please the customers.
legendary
Activity: 3122
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Leading Crypto Sports Betting & Casino Platform
Those deposit bonuses are one of the reasons why i'm always strict about the kind of bonuses I should take. They make it sound too good on paper then hit you with the bonus requirements once you're on the site.

Exactly this is why it's very necessary to read the terms and conditions given by the casino, so as to know when to tackle such issues like this on time. Alot of casino sites don't really care about your thoughts but they are majorly concern about their benefits which includes some Cashback and bonuses. But for me while using Casinos I think one should deposit an amount of money be it a small or big to carry on their process because having an available Cashback is just like a bait they set up to lure gamblers.

Most bonus programs or perks have their certain conditions set, so you really need to be very careful in availing those perks. In most cases, the terms are very small to read and their baits are big. So the players thought that the bonus is quite good, but if they start reading the terms, that's when you will tell yourself that it is quite hard to complete like the wagering requirements.

This is similar to when Binance's tasks were introduced, offering a $50 reward if you deposited or traded a X amount of money, although it was specified with tiny letters that it was a trading rebate fee reward and not $50 in your balance. The misleading bonuses are a common practice of many casinos to attract new players and deposits; it has been mentioned quite a few times here that it's extremely rare they come with no strings attached. This is the main reason I'm rarely paying attention to them.

The bonuses are one of the attractions in the casino. But the player should know that there are conditions attached to it. Because if the casino will just give the bonus for free, for sure, abusers will be there and they will be bankrupt if they are just giving free money for nothing. Of course, they need to set rules or protocols before availing such perks from their site. Every raffle or competition has their own rules and so with the bonuses of the casino.
hero member
Activity: 1120
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Livecasino.io
Why not collect it. It is just a bonus and it will not take anything from you. But if you do not want to gamble or have time to gamble, you can just overlook it. If I am gambling on a site and I am given such a bonus, I will only be expecting that if I lose my money, I will be given some percentage of the amount lost back. But what the OP is complaining about is that the gambling site did not specify that it is cashback and he thought it was deposit bonus. I think such site is shady if they do not specify and let gamblers think it is a deposit bonus.
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I see what you mean. The fault was purely that of the casino. I think there was a miscommunication between whoever sent the email to the OP that he had a deposit bonus and the person who was responsible for awarding the bonus on the account of the OP. To your first question, like I already wrote, cashback is like giving money from the right hand and collecting back from the left. Even if it is a bonus, it is too stringent and unfair. It is even a bigger trigger for those who are addicted to fuel their addiction and continue for a long time trying to get their cash back from a hopeful win.
sr. member
Activity: 98
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R7 for Campaign management
I always choose to not accept these cashback pure because of their wagering requirements. As someone described it, it is giving the player money with the right hand and collecting it with the left hand. But do I blame the casino? No. It is business and it is optional. The casinos has to be in business and stay in business that's one way to remain profitable. Secondly since they don't mandate players to accept it, then any player who does must stick with the rules.
Exactly, such cashback offers, promotion, whatever it is you get from my casino's, is to get you excited, get interested in depositing and playing more games. One thing we need to understand, always and always remember, is that these casinos were built first for their profit, before they think of you. So when you see a promotion, you should check where they are profiting from, and then check if it will actually profit you, before you make a move.

Just like you said, it's giving you with one hand and collecting with the other hand, nothing goes for nothing, it's not free. So if you want to try out the cashback or the bonuses, when you see it, maybe you do a minimal deposit. Unfortunately, some of the requirements need you to deposit a certain amount or play a certain number of games. That's where the issue is.
But if you are willing to try, go ahead, if not, then don't accept.
The requirements casinos use to place this advert is quite a unique one. It contains several compulsory things to do that must benefit the casino more compared to the user. My friend fell for a casino advert, I dont want to mention the name. But he was given free $10 to bet in the casino. After betting in the casino with the $10 he won $16 but was only allowed to withdraw $6 leaving the $10 in the casino. 
hero member
Activity: 980
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Leading Crypto Sports Betting & Casino Platform
Those deposit bonuses are one of the reasons why i'm always strict about the kind of bonuses I should take. They make it sound too good on paper then hit you with the bonus requirements once you're on the site.


Exactly this is why it's very necessary to read the terms and conditions given by the casino, so as to know when to tackle such issues like this on time. Alot of casino sites don't really care about your thoughts but they are majorly concern about their benefits which includes some Cashback and bonuses. But for me while using Casinos I think one should deposit an amount of money be it a small or big to carry on their process because having an available Cashback is just like a bait they set up to lure gamblers.
legendary
Activity: 3318
Merit: 1247
Bitcoin Casino Est. 2013
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.

That is a strange casino to say the least, most casinos who offer you the deposit bonus and wagering requirements are starting as soon as you start gambling, it is easy to get the bonus in most casinos and just x10 wager is easily achievable with dice 98% chance to win strategy, usually it gives you for the amount you deposit much more than x10 if done with the right currency and the right amount as bet in autobet, this is how most people become high level VIP-s in no time in most well known casino and this can be a good way as I said to be profiting from such bonuses, of course it needs a high balance to achieve that, like 100 dollars and to be played in IDR currency for example as it means almost 1.6 million IDR-s to increase your rank and profit from the bonus with a 1000-2500 IDR base bet for the strategy mentioned.
hero member
Activity: 1680
Merit: 845
This is similar to when Binance's tasks were introduced, offering a $50 reward if you deposited or traded a X amount of money, although it was specified with tiny letters that it was a trading rebate fee reward and not $50 in your balance. The misleading bonuses are a common practice of many casinos to attract new players and deposits; it has been mentioned quite a few times here that it's extremely rare they come with no strings attached. This is the main reason I'm rarely paying attention to them.
legendary
Activity: 3500
Merit: 1354
It is normal practice where most bonuses comes with some requirements because there is no bonuses which is 100% free.
This is why it is always important to read the whole terms when we are interested to take any bonus offered by the casino.
For more specific bonus as what you mentioned "cashback", some casinos may have different terms because there are casinos that give cashback without wagering requirement as well.
We need to be more selective, at least reading the terms is must thing to do so we can choose which casinos that offer bonuses as what we like.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
You are not alone by not reading ToS because I am sure many people experienced that matter. Many times we forget that every promotions from casino have its requirements such as wagering requirements or else.
I am not chase the promotion anymore because I know there are many requirements that I can not meet. So I just deposit some money to gambling and whatever the result, I will go out from the casino.
That will not make us regret because we only gambling when we want and with limit money. But for those who want to chase the promotions, you need to make sure to read the ToS.
hero member
Activity: 714
Merit: 521
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.

What a nice advise, i always made mention that it is very important that we look well into the conditions attached on every offer they are giving us before we apply, most especially on their ToS, we shouldn't be enticed alone, but we must know what's in there for us as well as the conditions attached before we give on for submission, as part of paying negligence to things like this, we have seen a number of gamblers complaining scam on casinos without knowing they are the one actually at fault.
full member
Activity: 308
Merit: 142
I always choose to not accept these cashback pure because of their wagering requirements. As someone described it, it is giving the player money with the right hand and collecting it with the left hand. But do I blame the casino? No. It is business and it is optional. The casinos has to be in business and stay in business that's one way to remain profitable. Secondly since they don't mandate players to accept it, then any player who does must stick with the rules.
That's a poor way of doing business. You don't have to make it obvious that you are indirectly taking back the money from the gamblers. I know they ought to make money but isn't the money gamblers lose enough for them? When we calculate how much has been lost in a bet it's enough for the casino to tap into those funds and pay the tax for each to their government. It's unfair because gamblers keep losing and winning, paying taxes whether they win or lose.
hero member
Activity: 770
Merit: 538
Leading Crypto Sports Betting & Casino Platform
If this is true, it's actually funny to me because they don't expect you to lose first before giving you the cash back bonus. So, do they mean you have to lose x10 wagering before they can give you the bonus?

If you actually read the ToS correctly and they didn't mention that a specific amount must be wagered and losed, the  you can just stake with little amount in a game that you will experience loses.

The casino that am using doesn't require you to lose first before you get a cash back, they just need you to wager at least a certain amount and you will be credited the cash back.
full member
Activity: 126
Merit: 94
I always choose to not accept these cashback pure because of their wagering requirements. As someone described it, it is giving the player money with the right hand and collecting it with the left hand. But do I blame the casino? No. It is business and it is optional. The casinos has to be in business and stay in business that's one way to remain profitable. Secondly since they don't mandate players to accept it, then any player who does must stick with the rules.
Exactly, such cashback offers, promotion, whatever it is you get from my casino's, is to get you excited, get interested in depositing and playing more games. One thing we need to understand, always and always remember, is that these casinos were built first for their profit, before they think of you. So when you see a promotion, you should check where they are profiting from, and then check if it will actually profit you, before you make a move.

Just like you said, it's giving you with one hand and collecting with the other hand, nothing goes for nothing, it's not free. So if you want to try out the cashback or the bonuses, when you see it, maybe you do a minimal deposit. Unfortunately, some of the requirements need you to deposit a certain amount or play a certain number of games. That's where the issue is.
But if you are willing to try, go ahead, if not, then don't accept.
legendary
Activity: 1064
Merit: 1298
Lightning network is good with small amount of BTC
I always choose to not accept these cashback pure because of their wagering requirements. As someone described it, it is giving the player money with the right hand and collecting it with the left hand. But do I blame the casino? No. It is business and it is optional. The casinos has to be in business and stay in business that's one way to remain profitable. Secondly since they don't mandate players to accept it, then any player who does must stick with the rules.
Why not collect it. It is just a bonus and it will not take anything from you. But if you do not want to gamble or have time to gamble, you can just overlook it. If I am gambling on a site and I am given such a bonus, I will only be expecting that if I lose my money, I will be given some percentage of the amount lost back. But what the OP is complaining about is that the gambling site did not specify that it is cashback and he thought it was deposit bonus. I think such site is shady if they do not specify and let gamblers think it is a deposit bonus.
hero member
Activity: 1120
Merit: 887
Livecasino.io
I always choose to not accept these cashback pure because of their wagering requirements. As someone described it, it is giving the player money with the right hand and collecting it with the left hand. But do I blame the casino? No. It is business and it is optional. The casinos has to be in business and stay in business that's one way to remain profitable. Secondly since they don't mandate players to accept it, then any player who does must stick with the rules.
hero member
Activity: 1288
Merit: 564
Bitcoin makes the world go 🔃
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.

Not exactly however casino that doing this tactics is relying on gamblers laziness on reading the ToS to trapped money inside while completing the mandatory x1 wagering of the deposit in case player decided to back out on clearing the bonus.

But only mediocre casino do this while most reputable casino always emphasize everything on the ToS and requirements is not shitty like this which even a deposit bonus can only be wager to clear if the deposit is already loss which means it requires the player to lose first before the6 can use the bonus and wager using bonus amount itself only.
hero member
Activity: 2968
Merit: 687
Those deposit bonuses are one of the reasons why i'm always strict about the kind of bonuses I should take. They make it sound too good on paper then hit you with the bonus requirements once you're on the site.

If you fall for it again, you should be able to cancel the cashback bonus and keep playing with your deposit.

I also made a similar mistake years ago. One of the new casinos I used automatically activated the deposit bonus after registration and it got me confused once my balance went up higher than what I put in.
One of the most misconceptions or newbie gamblers would definitely be able to go pass on or something that we will really be experiencing on which we do really thought that the casino
is really that giving some free money on which to add up into your balance on which it would really be giving out that kind of boost up with your emotion that you do have that bigger
bankroll on which you could be able to play even longer but as time goes by on which on the moment that you would really be gonna tending to make some withdrawal then it would
make you scratch your head on what the hell is wrong with your withdrawal on why its locked or not available. You would really be able to realize that you are already that
needing to reach up some wagering threshold for you to be able to make yourself that having that withdrawal on which most likely gamblers do really end up on blowing up their
account balance first before they could be able to do it. hahaha
hero member
Activity: 2366
Merit: 793
Bitcoin = Financial freedom
I try to avoid any bonuses while gambling, it just add extra pressure in my opinion with the wagering requirement and other mathematical terms to claim a little, I will just take a pass and do it as I wish. I am not expecting everyone to be same as mentioned but if you want to enjoy the extra perks then make sure the strings attached to it, cause no one really gives away free money.
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