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Topic: Do you use Cashback or bonuses? - page 4. (Read 3567 times)

legendary
Activity: 2898
Merit: 1006
Leading Crypto Sports Betting & Casino Platform
January 15, 2017, 12:05:37 PM
While it is nice that there are cashbacks, it's better than nothing. I think it's still kind of useless, as it's just really low. I don't even realize I have it. Indeed you can compare it to loyalty points as it just like less than 0.1% of the purchase. So I don't really care anymore about it.
Indeed, cashback offers small rewards and like you said, you don't even realize it with this cashback but Bonus(es) is also ridiculous with some requirements in order to withdraw your bonuses but if you can keep up your winnings, that's possible to get it.
i don't even know that cashback options will have hidden term or some requirements to able to withdraw because usually cashback only 10% from our total bets then i thought there wouldn't have requirements and if the term just like that i suggest you choose the bonus because it is the amount is more higher
sr. member
Activity: 294
Merit: 250
Oshi.io
January 15, 2017, 06:03:14 AM
When you play poker, Bitcoin casinos offer both: First deposit bonus + cashback (rakeback) + leaderboard prizes.

If you are a good player, this is always an extra money. Would be stupid to not use it...


Still there are many people who just don't like either of them
hero member
Activity: 1344
Merit: 507
January 15, 2017, 05:53:07 AM
When you play poker, Bitcoin casinos offer both: First deposit bonus + cashback (rakeback) + leaderboard prizes.

If you are a good player, this is always an extra money. Would be stupid to not use it.

hero member
Activity: 1372
Merit: 512
January 15, 2017, 05:33:45 AM
I dont like to use bonus in casino because the wager is too big, in the end i wont be able to take the bonus, the cashback also come in a small amount, but it is better than bonus, so usually i dont take bonus if the wager is not making any sense

For casino games it's hard indeed to release a bonus. With dice is it a lot easier.
sr. member
Activity: 294
Merit: 250
Oshi.io
January 15, 2017, 05:04:28 AM

the problem with these different types of bonuses or cashbacks is that the sites go crazy with the rules they set for people to be able to use them. i have said this before but whenever i check one of these promotions i find them overly complicated with lots of room for the site owners to not fulfill their part of the deal. i have obviously not checked every one of them, so there may be some good things out there that i have not yet found.

No no you're right. It's the case for all of them.

In fact casino bonuses are not a way to earn money. They're a way to have fun. They're not at all profitable for a very simple reason: if they were we would all abuse them. Especially considering the BTC world, when you just have to send btc from a wallet. It's not like in real life casino where you have to provide an ID so they can give you a real promo because you'll claim it only once! There you can claim it as much as you want so it MUST be unprofitable.
It would really be abused if you could able to claim those bonuses so easily from a gambling site that's why they set a particular rule such as (rollover) in able to cashout and as you mentioned its not a way to earn money but those bonuses just add up the enjoyment on your money but in reality you will hardly to get it and if you are lucky enough then its possible but in rare cases only.
This is really hard to set for a win-win case. But I guess wager req about 20-50x is kinda okay.
legendary
Activity: 1218
Merit: 1007
January 12, 2017, 11:33:31 AM
I had been a fan of free spins that I used to get by watching many cashback-based websites and also made much more out of those free spins and converted the bonus to many times and withdrawn them too. But I hate the bonuses as it's not so easy to redeem those bonuses and most websites are just rigged IMO, so they won't let you wager the required amount to be able to make it withdrawable.
legendary
Activity: 3094
Merit: 1127
January 12, 2017, 11:27:06 AM

the problem with these different types of bonuses or cashbacks is that the sites go crazy with the rules they set for people to be able to use them. i have said this before but whenever i check one of these promotions i find them overly complicated with lots of room for the site owners to not fulfill their part of the deal. i have obviously not checked every one of them, so there may be some good things out there that i have not yet found.

No no you're right. It's the case for all of them.

In fact casino bonuses are not a way to earn money. They're a way to have fun. They're not at all profitable for a very simple reason: if they were we would all abuse them. Especially considering the BTC world, when you just have to send btc from a wallet. It's not like in real life casino where you have to provide an ID so they can give you a real promo because you'll claim it only once! There you can claim it as much as you want so it MUST be unprofitable.
It would really be abused if you could able to claim those bonuses so easily from a gambling site that's why they set a particular rule such as (rollover) in able to cashout and as you mentioned its not a way to earn money but those bonuses just add up the enjoyment on your money but in reality you will hardly to get it and if you are lucky enough then its possible but in rare cases only.
legendary
Activity: 1904
Merit: 1000
January 12, 2017, 10:24:15 AM
I dont like to use bonus in casino because the wager is too big, in the end i wont be able to take the bonus, the cashback also come in a small amount, but it is better than bonus, so usually i dont take bonus if the wager is not making any sense

It is better to read the term and conditions couple times before using such bonuses. If everything looks fine and we're thinking that we can achieve the minimum requirement to be able to withdraw such bonuses, then we can give it a try.
hero member
Activity: 840
Merit: 501
January 12, 2017, 09:49:23 AM
I dont like to use bonus in casino because the wager is too big, in the end i wont be able to take the bonus, the cashback also come in a small amount, but it is better than bonus, so usually i dont take bonus if the wager is not making any sense
legendary
Activity: 1344
Merit: 1251
January 12, 2017, 05:33:59 AM

the problem with these different types of bonuses or cashbacks is that the sites go crazy with the rules they set for people to be able to use them. i have said this before but whenever i check one of these promotions i find them overly complicated with lots of room for the site owners to not fulfill their part of the deal. i have obviously not checked every one of them, so there may be some good things out there that i have not yet found.

No no you're right. It's the case for all of them.

In fact casino bonuses are not a way to earn money. They're a way to have fun. They're not at all profitable for a very simple reason: if they were we would all abuse them. Especially considering the BTC world, when you just have to send btc from a wallet. It's not like in real life casino where you have to provide an ID so they can give you a real promo because you'll claim it only once! There you can claim it as much as you want so it MUST be unprofitable.
legendary
Activity: 1148
Merit: 1097
Bounty Mngr & Article Writer https://goo.gl/p4Agsh
January 12, 2017, 05:32:56 AM
While it is nice that there are cashbacks, it's better than nothing. I think it's still kind of useless, as it's just really low. I don't even realize I have it. Indeed you can compare it to loyalty points as it just like less than 0.1% of the purchase. So I don't really care anymore about it.
Indeed, cashback offers small rewards and like you said, you don't even realize it with this cashback but Bonus(es) is also ridiculous with some requirements in order to withdraw your bonuses but if you can keep up your winnings, that's possible to get it.

Cashback is just a form of bonuses. I think they are just same. I think OP must be specific on what kind of bonus because there is a lot of bonuses jist like deposit and referral bonuses.
But i agree to you that cashback is the best because it can be easily withdraw without any condition
legendary
Activity: 1946
Merit: 1137
January 12, 2017, 02:00:22 AM
I never use bonuses or cashbacks because there are always some strange hidden terms and conditions with most bonus.

Yeah definitely. Most of the bonuses have absolutely ridiculous terms and wagering requirements which makes them completely irrelevant if you are trying to make a quick buck or two. It might sound lucrative at first but if you look into the fine prints then you will quickly realise that it's not the best deal.

The cashbacks though if done through a reputable site, sometimes they also call it loyalty points, is actually a pretty good tool for profit because there is no wagering requirement and basically the more you wager the more you can get in loyalty points.
Well that's the point of cashback that there are no hidden, ain't it?
At least we do not have any at Oshi - cashback is meant for people who dont wanna study terms and care about wagering etc

While it is nice that there are cashbacks, it's better than nothing. I think it's still kind of useless, as it's just really low. I don't even realize I have it. Indeed you can compare it to loyalty points as it just like less than 0.1% of the purchase. So I don't really care anymore about it.

the problem with these different types of bonuses or cashbacks is that the sites go crazy with the rules they set for people to be able to use them. i have said this before but whenever i check one of these promotions i find them overly complicated with lots of room for the site owners to not fulfill their part of the deal. i have obviously not checked every one of them, so there may be some good things out there that i have not yet found.
hero member
Activity: 2814
Merit: 526
Undeads.com - P2E Runner Game
January 12, 2017, 01:57:08 AM
While it is nice that there are cashbacks, it's better than nothing. I think it's still kind of useless, as it's just really low. I don't even realize I have it. Indeed you can compare it to loyalty points as it just like less than 0.1% of the purchase. So I don't really care anymore about it.
Indeed, cashback offers small rewards and like you said, you don't even realize it with this cashback but Bonus(es) is also ridiculous with some requirements in order to withdraw your bonuses but if you can keep up your winnings, that's possible to get it.
hero member
Activity: 896
Merit: 514
January 12, 2017, 01:39:36 AM
I never use bonuses or cashbacks because there are always some strange hidden terms and conditions with most bonus.

Yeah definitely. Most of the bonuses have absolutely ridiculous terms and wagering requirements which makes them completely irrelevant if you are trying to make a quick buck or two. It might sound lucrative at first but if you look into the fine prints then you will quickly realise that it's not the best deal.

The cashbacks though if done through a reputable site, sometimes they also call it loyalty points, is actually a pretty good tool for profit because there is no wagering requirement and basically the more you wager the more you can get in loyalty points.
Well that's the point of cashback that there are no hidden, ain't it?
At least we do not have any at Oshi - cashback is meant for people who dont wanna study terms and care about wagering etc

While it is nice that there are cashbacks, it's better than nothing. I think it's still kind of useless, as it's just really low. I don't even realize I have it. Indeed you can compare it to loyalty points as it just like less than 0.1% of the purchase. So I don't really care anymore about it.
sr. member
Activity: 294
Merit: 250
Oshi.io
January 11, 2017, 05:13:50 PM
I never use bonuses or cashbacks because there are always some strange hidden terms and conditions with most bonus.

Yeah definitely. Most of the bonuses have absolutely ridiculous terms and wagering requirements which makes them completely irrelevant if you are trying to make a quick buck or two. It might sound lucrative at first but if you look into the fine prints then you will quickly realise that it's not the best deal.

The cashbacks though if done through a reputable site, sometimes they also call it loyalty points, is actually a pretty good tool for profit because there is no wagering requirement and basically the more you wager the more you can get in loyalty points.
Well that's the point of cashback that there are no hidden, ain't it?
At least we do not have any at Oshi - cashback is meant for people who dont wanna study terms and care about wagering etc
legendary
Activity: 1400
Merit: 1009
January 11, 2017, 11:38:37 AM
Maybe if I gamble I always take advantage of a bonus given to gambling. Because I think if getting a bonus, I was able to gamble with more sparingly. Different with cashback is usually just get a little, so it was not comparable to bet has been issued to gamble. So if suppose I were to choose between the bonus and cashback, I prefer to get bonus
Having bonus does really give advantage but the issue is just the rollover requirement but overall with bonus because it expands your bankroll even more and could able to make more bets not fully depending on your initial deposit.Same as yours i would choose bonus than cashback.


I agree, with you but if you crunch the numbers. Lets say you deposit 777 mbtc and get a 1 BTC bonus. You have to bet that bonus 40 times before being able to withdrawal. You bet 1 BTC on dice with chance of winning at 98%, if you win, you will gain .0102 (typically)

1.0-.02^40 =1



So that means you have a 100% chance of winning, so that means my math is wrong if someone would like to try to correct it. Cause you have a 2% chance of losing for 40times. Would it be that you have a 80% chance of losing over those 40 times?
No casino gives 40x rollover on dice game, you have to play games like slots or other games with higher house edge. if casinos gave 40x rollover on dice, it would be easy to achieve.
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
January 11, 2017, 10:12:59 AM
Deposit bonus has a huge wager requirements which is almost impossible to achieve. In most cases you end up losing all the money you deposit  which is actually highly likely to happen. All those offer the casino gives are just to attract your attention and make you deposit. Giveaways with no string attached are much better imo.
hero member
Activity: 2254
Merit: 960
100% Deposit Match UP TO €5000!
January 11, 2017, 09:54:39 AM
#99
Maybe if I gamble I always take advantage of a bonus given to gambling. Because I think if getting a bonus, I was able to gamble with more sparingly. Different with cashback is usually just get a little, so it was not comparable to bet has been issued to gamble. So if suppose I were to choose between the bonus and cashback, I prefer to get bonus
Having bonus does really give advantage but the issue is just the rollover requirement but overall with bonus because it expands your bankroll even more and could able to make more bets not fully depending on your initial deposit.Same as yours i would choose bonus than cashback.


I agree, with you but if you crunch the numbers. Lets say you deposit 777 mbtc and get a 1 BTC bonus. You have to bet that bonus 40 times before being able to withdrawal. You bet 1 BTC on dice with chance of winning at 98%, if you win, you will gain .0102 (typically)

1.0-.02^40 =1



So that means you have a 100% chance of winning, so that means my math is wrong if someone would like to try to correct it. Cause you have a 2% chance of losing for 40times. Would it be that you have a 80% chance of losing over those 40 times?
hero member
Activity: 910
Merit: 500
January 11, 2017, 09:46:07 AM
#98
Maybe if I gamble I always take advantage of a bonus given to gambling. Because I think if getting a bonus, I was able to gamble with more sparingly. Different with cashback is usually just get a little, so it was not comparable to bet has been issued to gamble. So if suppose I were to choose between the bonus and cashback, I prefer to get bonus

Nope, I would have to disagree with you on the other terms because if you do think that cash bonus is an advantage for gamblers how much more if you often do gambling(lol maybe some of us only gambles because of the cash back bonus) and that makes the difference. What advantageous to regular gamblers would somehow be much better to often gamblers
legendary
Activity: 3080
Merit: 1353
January 11, 2017, 09:40:57 AM
#97
Always go for cashback. You want to minimize your losses in the long run, and cashback helps with this as it reduces the amount you lost and gives you some additional bankroll again when the payout happens.

Bonusses are nice, but the end result is often that you lose it before you reach the minimum bet amount to release it for withdrawel.

Cashback is more appealing, because  cashback is a nice way of recouping and generally gives about 20% of what you have lose. so it is a win-win for the gambler. But be aware and inform about cashback, because some of them if not all have hidden charges and restrictions.

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