Site is somewhat scammy , and I will tell you why
They advertise a 125% bonus up to 250 MBTC, however the bonus is near impossible to achieve.
Bonus requires a very reasonable 10X rollover, so far so good. However the bonus is near impossible to achieve.
read
Follow these steps to receive 125% bonus on your first deposit, up to mBTC 250:
- Register for an account with BetOpen;
- Make your first deposit;
- Place bets equal to your first deposit amount from your player account. Single bets must have a minimum odd of 1.80 to be accounted for bonus activation; parlay bets must contain at least one selection with a minimum odd of 1.80 to be accounted for bonus activation;
- Upon rollover completion, 125% bonus of your first deposit size will be added to your balance, available to withdraw.
So lets say you deposit 5 BTC, only bets 5 BTC or over will count towards your rollover. You would have to bet your entire balance on your first bet ( assuming they took a bet of that size on that market)
Even if you only deposit only 1 BTC, you would have bet balance on your first bet.
You could make 5000 bets at 500 MBTC and you would never achieve your bonus. They are certainly making a great impersonation of a website that never intends to honor their advertised bonus.
Sounds unethical to me. I have never seen that requirement in any sportsbook anywhere. They certainly do not promote that rule in their headlines about 125% bonus.
I am looking forward to BetOpen's response here as to why I am incorrect calling them out for an unethical promo.
I think you got it wrong mate, the bonus is capped at 250 mbtc, so why the hell you will deposit 5btc? 200 mbtc is enough for this, when you lose you can deposit again, to achieve the FDB. So it means, you only need to bet 2 btc in total to achieve this FDB.
It's okay since its their discretion for auch promotions, but it is certainly achievable,
The main thing here, is proving the guy who won huge amount of btc is not yet paid, and there is no proof that he cheated,
Another important thing is that, location and license to operate of the site is not disclosed.
So without this, I suggest users to avoid the site.
Of course the no-pay accusation is more important to the discussion. However, the misleading bonus advertisement is a sure sign of an unethical operation. Why would someone deposit more than 1/4 BTC, simply because they want to play many different games at many different amounts (like the true gambler they are seeking). I did not deposit simply to beat them on the promotion, I deposited to gamble and have fun.