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Topic: Signup Bonuses (Read 6769 times)

sr. member
Activity: 294
Merit: 250
Leading Cryptocurency Sportsbook & Live Casino
July 28, 2015, 12:30:54 PM
Signup bonuses always benefit the house, you're always going to eventually lose, thus giving them your money and their money back.
thats not true, there are some people who benefit from it as they manage to complete the huge rollover and withdraw big money, of course there are not a lot of them but still its possible

90% of the people going to loose that money hence it is most of the time benefit to the house. User will loose his/her money + signup bonus

I'd say 90% is too low, I think it should be around or even more than 95%. When the chance of people can complete the rollover requirement is 10%, I'm sure there will be no more sites offering such kind of bonuses because it is not good for the sites.


My estimation is also over 95%, AFAIK, I never heard anyone who completed and profited from 1btc bonus plus 1 btc deposit, very easy to bust 2btc before completing high rollover, a few lucky guys can get 1.X btc in the end, super lucky guys may get many coins profits, but only few.  Sad

At flutterclub.com we offer similar rules to other casinos (35x wager requirement). This is to avoid players trying to gain a competitive edge through multiple accounts. What flutterclub.com does offer specifically to bitcointalk.org forum readers, that have junior member status and above, is an additional 100% Deposit Bonus (for a limited time only). Once the first bonus has been lost simply send me a PM with your username/email address with the promo code: TALK 100% and we will issue a further 100% bonus.

See http://www.flutterclub.com/promotion1 for more details about the Initial Deposit Bonus
hero member
Activity: 840
Merit: 1000
July 28, 2015, 12:04:43 PM
Signup bonuses always benefit the house, you're always going to eventually lose, thus giving them your money and their money back.
thats not true, there are some people who benefit from it as they manage to complete the huge rollover and withdraw big money, of course there are not a lot of them but still its possible

90% of the people going to loose that money hence it is most of the time benefit to the house. User will loose his/her money + signup bonus

I'd say 90% is too low, I think it should be around or even more than 95%. When the chance of people can complete the rollover requirement is 10%, I'm sure there will be no more sites offering such kind of bonuses because it is not good for the sites.


My estimation is also over 95%, AFAIK, I never heard anyone who completed and profited from 1btc bonus plus 1 btc deposit, very easy to bust 2btc before completing high rollover, a few lucky guys can get 1.X btc in the end, super lucky guys may get many coins profits, but only few.  Sad
legendary
Activity: 3500
Merit: 1354
July 28, 2015, 11:54:38 AM
Signup bonuses always benefit the house, you're always going to eventually lose, thus giving them your money and their money back.
thats not true, there are some people who benefit from it as they manage to complete the huge rollover and withdraw big money, of course there are not a lot of them but still its possible

90% of the people going to loose that money hence it is most of the time benefit to the house. User will loose his/her money + signup bonus

I'd say 90% is too low, I think it should be around or even more than 95%. When the chance of people can complete the rollover requirement is 10%, I'm sure there will be no more sites offering such kind of bonuses because it is not good for the sites.
 
legendary
Activity: 1456
Merit: 1005
July 28, 2015, 04:08:57 AM
Signup bonuses always benefit the house, you're always going to eventually lose, thus giving them your money and their money back.
thats not true, there are some people who benefit from it as they manage to complete the huge rollover and withdraw big money, of course there are not a lot of them but still its possible

90% of the people going to loose that money hence it is most of the time benefit to the house. User will loose his/her money + signup bonus
sr. member
Activity: 420
Merit: 250
July 28, 2015, 03:59:20 AM
Signup bonuses always benefit the house, you're always going to eventually lose, thus giving them your money and their money back.
thats not true, there are some people who benefit from it as they manage to complete the huge rollover and withdraw big money, of course there are not a lot of them but still its possible
I guess you're right, but the majority of people lose. So this is good for the house.
sr. member
Activity: 406
Merit: 250
July 28, 2015, 03:21:53 AM
Signup bonuses always benefit the house, you're always going to eventually lose, thus giving them your money and their money back.
thats not true, there are some people who benefit from it as they manage to complete the huge rollover and withdraw big money, of course there are not a lot of them but still its possible
sr. member
Activity: 420
Merit: 250
July 28, 2015, 03:11:21 AM
Signup bonuses always benefit the house, you're always going to eventually lose, thus giving them your money and their money back.
legendary
Activity: 966
Merit: 1001
July 27, 2015, 10:32:48 PM
Yes but you need to bet at least 0.05 BTC, so you need to wager at least 500X0.05= 25 BTC

So most likely you will never see that bonus ever.

Where do you read that the bet has to be > 0.05 btc?
I cannot find any bet size requirement on their main thread, and in fact michael23 wins the 6000th bet bonus with a 0.003 btc bet.
legendary
Activity: 3808
Merit: 1723
July 27, 2015, 09:31:03 PM
The website in my sig gives bonus on every 500th roll that too 0.05 to 0.1 btc. There is no signup however. but it helps. + there is a bonus ball.

But how much wager to withdraw ?
I think a dice sites gives bonus need wager to withdraw.
And very hard to get wager for it.

The site in his signature is not a dice site but a kind of plinko games. In this case, AFAIK there is no rollover requirement because it is just like a bounty to anyone who hit a specific number of a roll.



Ye no wager amount required. Its on chain so no withdrawals also. Automatic and instant payouts are there.


Yes but you need to bet at least 0.05 BTC, so you need to wager at least 500X0.05= 25 BTC

So most likely you will never see that bonus ever.
So if my bet get 500th roll i will get bonus 0.05 to 0.01 btc even my bet win i still get that bonus?
legendary
Activity: 2716
Merit: 1116
July 27, 2015, 06:41:37 AM
Sign up bonuses is a big help for starting especially when testing a gambling site. It will help you try that site with the bonus then later on investing some bits if you find it better than others and if you also feel lucky there.

I agree with you, it does stimulate people to gamble indeed.
legendary
Activity: 1750
Merit: 1115
Providing AI/ChatGpt Services - PM!
July 26, 2015, 02:27:59 PM
Sign up bonuses is a big help for starting especially when testing a gambling site. It will help you try that site with the bonus then later on investing some bits if you find it better than others and if you also feel lucky there.
legendary
Activity: 3500
Merit: 1354
July 26, 2015, 02:11:40 PM
if the sign up bonus requires players to play slots in order to count into wager requirements then it is nearly impossible to wager enough to withdraw, though i once nearly did it as i wagered 76 mbtc out of 100 in order to withdraw

In fact all site does not require players to play only on slots except site that only has slot games. All games has contribution to the wager amount but has different percentage for each game. And yes slots has the highest contribution (100%), slots game is the fastest way to complete rollover but if you are a patient person you may try other games like blackjack or roulette to complete the rollover.
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
July 26, 2015, 02:05:56 PM
Do signup bonuses hurt or help you guys?  It has always hurt me.  Cry  Two or three different times at different casinos I won a fair amount of money and wanted to cash out but most do not allow you to cash out minus the bonus.  So basically they have always only hurt me rather than me benefit from them.

What are some of your experiences?

nah..i have got my signup bonus from all sites that i have visited..
out of all cloudbet was awesome.

Yes, Cloudbet has a better system, since the bonus is released in small pieces as you play.
I managed to break away from all gambling, but Cloudbet was one of the more interesting memories.
sr. member
Activity: 406
Merit: 250
July 26, 2015, 01:58:03 PM
if the sign up bonus requires players to play slots in order to count into wager requirements then it is nearly impossible to wager enough to withdraw, though i once nearly did it as i wagered 76 mbtc out of 100 in order to withdraw
legendary
Activity: 3346
Merit: 3125
July 26, 2015, 01:53:30 PM
Do signup bonuses hurt or help you guys?  It has always hurt me.  Cry  Two or three different times at different casinos I won a fair amount of money and wanted to cash out but most do not allow you to cash out minus the bonus.  So basically they have always only hurt me rather than me benefit from them.

What are some of your experiences?

Once i deposit 0.04 on bitcasino and got 0.08 total balance with the bonus, have some luck on slots and at end i withdraw that 0.08, i think i was really luck, i try i again like 3 times and always busted.
legendary
Activity: 2156
Merit: 1082
July 26, 2015, 01:51:02 PM
Is no signup bonus, but i really hate the "giveaway" to the forum for more casino "free xx mBtc , only x50 roll" and later roll, you see the rules "the withdraw is permithd only you have deposit xx Btc"
full member
Activity: 238
Merit: 100
★YoBit.Net★ 200+ Coins Exchange & Dice
July 26, 2015, 01:21:55 PM
Signup Bonuses are great for casinos. They aren't great for the user Wink

Like most things, even the signup bonus will usually favour the house. God-tier rollover requirements will usually be the catch for the signup bonus, and a deposit quite often as well. The entire point of a bonus, after all, is to retain players. That's not to say they're bad, though, they can be pretty nice.
there are small amount of players that manage to complete the rollover and when they do that they cashout big amounts of money, i believe that it can be really beneficial for players
legendary
Activity: 1134
Merit: 1118
July 26, 2015, 12:51:06 PM
Signup Bonuses are great for casinos. They aren't great for the user Wink

Like most things, even the signup bonus will usually favour the house. God-tier rollover requirements will usually be the catch for the signup bonus, and a deposit quite often as well. The entire point of a bonus, after all, is to retain players. That's not to say they're bad, though, they can be pretty nice.
hero member
Activity: 658
Merit: 500
July 26, 2015, 12:34:14 PM
signup bonuses are cool as long as you dont have to deposit anything to get it, if you have the rollover will be huge and it will be nearly impossible to get enough to meet rollover requirements and withdraw
full member
Activity: 560
Merit: 100
July 26, 2015, 12:23:52 PM
As far as i know sign up bonus is different with first deposit bonus. In your case i think its a first deposit bonus. All deposit bonus indeed mostly just gonna hurts us because rollover requirements should be done before we can cash out our money. But i do love signup bonus since its all free from the casino for us to try their games.
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