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Topic: Comments on deposit bonuses (Read 537 times)

legendary
Activity: 1834
Merit: 1036
June 27, 2019, 06:50:17 PM
#54

Many gambling sites have deposit bonuses.
However, if you receive the deposit bonus, there is a condition for withdrawal.
For example, 10 times the deposit amount, etc.
What is the reasonable condition you think?
That is insane, I know sites who will ask you for a number of rolls before you can claim your bonus deposits but remember its a business. They will do everything to attract everyone to try their site and the same thing, they will do everything to keep you from playing in their site, just like the topic on the other thread, they will go to the distance to keep you playing, the longer you stay in their site, the better for their business.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
June 27, 2019, 06:30:20 PM
#53
Gambling sites are giving bonuses to attract investors, their terms and conditions are very strict, so it would be difficult for ordinary investors to fulfill that and withdraw.

And usually, they give a bonus with applied some amount of wagering. But I don't know much about the deposit bonus since I don't deposit too much money on the gambling website. Maybe we need to wager in more than 10 times or so, and then we can get the deposit bonus. But sometimes, I receive an email from the gambling site that if I deposit 0.01 btc, I can get a bonus deposit 100% from the amount I deposited.

it only applies to some gambling sites that can provide deposit bonuses after we deposit money into the related site. maybe this is the same as we make a deposit at the bank and we get a percentage of interest from it
Banks never ask about the tripling the loan amount and come back to take back your interest. Wagering requirements are absurd on famous online casinos due to rollover amounts for bonus + deposit. Usually, only slots are 100% calculated towards wagering requirements and table games(Blackjack,Roulette,Baccarat) only counted as 10%.
sr. member
Activity: 1792
Merit: 264
June 27, 2019, 06:14:31 PM
#52
Gambling sites are giving bonuses to attract investors, their terms and conditions are very strict, so it would be difficult for ordinary investors to fulfill that and withdraw.

And usually, they give a bonus with applied some amount of wagering. But I don't know much about the deposit bonus since I don't deposit too much money on the gambling website. Maybe we need to wager in more than 10 times or so, and then we can get the deposit bonus. But sometimes, I receive an email from the gambling site that if I deposit 0.01 btc, I can get a bonus deposit 100% from the amount I deposited.

it only applies to some gambling sites that can provide deposit bonuses after we deposit money into the related site. maybe this is the same as we make a deposit at the bank and we get a percentage of interest from it
full member
Activity: 420
Merit: 108
June 27, 2019, 12:23:41 AM
#51

Many gambling sites have deposit bonuses.
However, if you receive the deposit bonus, there is a condition for withdrawal.
For example, 10 times the deposit amount, etc.
What is the reasonable condition you think?

10 times of the deposit amount is really high. And withdrawal conditions should be linked to the bonus given, not deposit amount. 100%-200% of a bonus given should be quite fair condition. If it is more it looks like a trap from a start. But of course you need to read terms and conditions before making any decision.
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
June 26, 2019, 03:13:05 PM
#50
Honestly, I have never used a deposit bonuses that is widely available because I'm sure the requirements made to achieve withdrawals are very difficult and the possibility of them having withdrawal restrictions if we use these bonuses. So I have never been interested in things like this and will only gamble as usual, as for those who often use bonuses like this I am sure they are people who have good experience so they are able to reach withdrawal requirements.
hero member
Activity: 2730
Merit: 632
June 26, 2019, 02:08:33 PM
#49
The terms and conditions for bonuses are in order otherwise people will cheat to have loads of bonuses . the gambling website will bleed and eventually close shop.

Bonuses are probably useless for most online gamblings considering that they and your own fund will most likely be lost in bets.
No gambling site would ever tend to do such thing or else they would really be bankrupt and its just like that they are
knocking their own heads with a hammer.

Conditions would be applied on such bonuses and as usual they do always have the edge.
Ucy
sr. member
Activity: 2674
Merit: 403
Compare rates on different exchanges & swap.
June 26, 2019, 02:01:02 PM
#48
The terms and conditions for bonuses are in order otherwise people will cheat to have loads of bonuses . the gambling website will bleed and eventually close shop.

Bonuses are probably useless for most online gamblings considering that they and your own fund will most likely be lost in bets.
full member
Activity: 1638
Merit: 122
June 26, 2019, 01:52:54 PM
#47
Gambling sites are giving bonuses to attract investors, their terms and conditions are very strict, so it would be difficult for ordinary investors to fulfill that and withdraw.

And usually, they give a bonus with applied some amount of wagering. But I don't know much about the deposit bonus since I don't deposit too much money on the gambling website. Maybe we need to wager in more than 10 times or so, and then we can get the deposit bonus. But sometimes, I receive an email from the gambling site that if I deposit 0.01 btc, I can get a bonus deposit 100% from the amount I deposited.

i think it depends on the gambling site . some sites have condition that  you must wager or do some task before you get the bonus while there are some that credits bonus automatically on your account after you deposit on thier site  . i see that fortune jack have a 1btc welcome bonus though idk if thats true or ill already misslook the ad banner  .

 ive also played on freebitco and they also offer a bonus after you wagger the stated amount but it was too hard and i cant afford to bet more just to get the bonus  . i can say that its not worth it .
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
June 26, 2019, 12:24:29 PM
#46
Gambling sites are giving bonuses to attract investors, their terms and conditions are very strict, so it would be difficult for ordinary investors to fulfill that and withdraw.

And usually, they give a bonus with applied some amount of wagering. But I don't know much about the deposit bonus since I don't deposit too much money on the gambling website. Maybe we need to wager in more than 10 times or so, and then we can get the deposit bonus. But sometimes, I receive an email from the gambling site that if I deposit 0.01 btc, I can get a bonus deposit 100% from the amount I deposited.
legendary
Activity: 1372
Merit: 1027
Dump it!!!
June 26, 2019, 08:34:03 AM
#45
Deposit bonuses are designed to both reward the player for taking a chance and playing on a new platform (in the case of a first deposit bonus), or are aimed at creating regular players by rewarding repeat deposits.

As with any bonus or reward, there are terms and conditions that need to be followed that both prevent it from being abused by unscrupulous players, and to ensure the house gains the desired benefit (player retention).

Personally, I believe casinos should be able to place whatever restrictions they want on their bonuses, so long as they are upfront and honest about what players need to do to get hold of their funds.
sr. member
Activity: 2520
Merit: 280
Hire Bitcointalk Camp. Manager @ r7promotions.com
June 26, 2019, 08:29:03 AM
#44
Gambling sites are giving bonuses to attract investors, their terms and conditions are very strict, so it would be difficult for ordinary investors to fulfill that and withdraw.
Ordinary investors?

Gambling sites meant for the normal people,if it is for only millionaires then they are not going to get the desired profits.
legendary
Activity: 1890
Merit: 1148
June 26, 2019, 07:56:09 AM
#43
I've tried of few of those bonuses for new players on different casinos and it is always a major hassle to walk away with any winnings.  They have strict conditions that must be met and they often try to disable your account if you win any large amount from it.
I never had that. I was also tried some if deposit bonuses from several gambling site. My biggest winning was around $6k from deposit bonuses (i even wagered more than 40 times at that time, while the min wager was only 25 times), and i was be able to withdraw around $20 because of that (yes only $20, since that's the max amount you can withdraw from deposit bonuses)
hero member
Activity: 1120
Merit: 554
June 26, 2019, 06:15:52 AM
#42
I've tried of few of those bonuses for new players on different casinos and it is always a major hassle to walk away with any winnings.  They have strict conditions that must be met and they often try to disable your account if you win any large amount from it.
sr. member
Activity: 1176
Merit: 301
June 26, 2019, 06:05:39 AM
#41

Many gambling sites have deposit bonuses.
However, if you receive the deposit bonus, there is a condition for withdrawal.
For example, 10 times the deposit amount, etc.
What is the reasonable condition you think?
I think it is fine whatever their term is as long as they wouldn't put up a time limit to play with their deposit bonus,
Because not everyone could play continuously and achieve their desired condition in order to withdraw the bonus.
I think it is great that some of them would give out a deposit bonus so that other player could enjoy more in their gambling site.
full member
Activity: 1218
Merit: 112
June 26, 2019, 02:05:24 AM
#40
Gambling sites are giving bonuses to attract investors, their terms and conditions are very strict, so it would be difficult for ordinary investors to fulfill that and withdraw.
hero member
Activity: 3052
Merit: 651
June 26, 2019, 01:13:57 AM
#39
Play or Invest could be a reasonable one.

It cannot just be deposit and withdraw. Some measure should be done before they can give out certain amount of bonuses.
Maybe give them a number of how much they should play.

If the deposited amount is 1 BTC and the bonus will be .5 BTC then the very least a gambler could do is play until he reaches an amount where he already played 1 BTC win or lose doesnt matter.

With investing though, they could input the whole amount and then wait for a certain time.
hero member
Activity: 1302
Merit: 540
June 26, 2019, 01:08:44 AM
#38
That's a reasonable condition, they will not just give easy money.
When they have a deposit bonuses, you'll have to read the complete terms to ensure you'll not fall for this if you think you don't have a chance to fulfill them. It's part of the marketing to attract more gamblers and although they are paying but in overall, the site are the one who get most of the benefits.
For sure they will gain after this promotional freebies, if the gamblers won't read and easily been captured by this promising offers, you have to be more careful with such bonuses and same with your opinion the overall beneficiaries will go with the casinos itself.

Knowing all the grounds and all the things behind those bonuses will lead you to manage to take some portions of those offers.
legendary
Activity: 3122
Merit: 1032
#1 VIP Crypto Casino
June 26, 2019, 12:56:55 AM
#37

Many gambling sites have deposit bonuses.
However, if you receive the deposit bonus, there is a condition for withdrawal.
For example, 10 times the deposit amount, etc.
What is the reasonable condition you think?
I am not a big fan of the deposit bonus because like you said it takes so much winnings just to be able to see any profits.
10x a deposit bonus is the sportsbook way to gain your attention but tell me come on who will win 10x the bonus so you can withdraw.
It sounds really nice and we all want to get the free bonus but sometimes you see '500x deposit bonus' and I get a small chuckle out of it.
full member
Activity: 1750
Merit: 118
June 26, 2019, 12:07:26 AM
#36
Well, it is regulation so the users will not be able to abuse the deposit bonus

deposit bonus means small gift so there is no sense of abusing it for a small amount of cash  and besides not all are going to play gambling and not all are oftenly depositing on a gambling sites  .

We can consider it as a fair deal and is reasonable to have terms and condition since we did not go to the website to earn a bonus, but to play and gamble.

some people are actually hunting for a websites or gambling sites that have a discount or bonuses before they start to use because they want to save some cash however some gamblers are just playing directly without aiming for the bonuses  and they also knew that bonuses are hard to fullfiled so they didnt care at all  .
hero member
Activity: 2940
Merit: 613
Winding down.
June 25, 2019, 11:03:34 PM
#35
That's a reasonable condition, they will not just give easy money.
When they have a deposit bonuses, you'll have to read the complete terms to ensure you'll not fall for this if you think you don't have a chance to fulfill them. It's part of the marketing to attract more gamblers and although they are paying but in overall, the site are the one who get most of the benefits.
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