Topic: Wagering - share your opinion (Read 798 times)

Wagering requires money, consequently we must first establish stable sources of income before succumbing to gambling. We make profits and losses, followed by we return to our profession. We should make good use of games, but only if we know exactly what we're getting into. When it comes to gambling, we have different points of view. I've come across proficient gamblers who supply complicated statistics for games, some of them are profitable gamblers while others are addicts. We're left with a plethora of targets to choose from throughout the system.

Casinos are profit-driven companies, not philanthropic organizations that give away free money. Those alluring advertisements? They are traps that entice unsuspecting newcomers with alluring promises only to confront them with impractical wagering requirements afterwards. It irritates me that they take advantage of the ignorant, and it makes me much angrier to watch those newbies be caught repeatedly.

Your suggestions? Right on. Before spending their hard-earned money, players MUST comprehend the wagering conditions. Why invest money in a game that is fixed? It's obvious to stay away if the wagering requirements are too high. You can either bet responsibly or not at all. Otherwise, you're merely a pawn in their elaborate scheme to make money.

Depends on the VIP program of the casino actually, because not all VIP programs are the same.
There are some casinos where the VIP status is based on how much you deposit in specific period of time, BK8 and Coinroyale are some of them.
So we cant generalize that wagering to rank up VIP level is the one system in online gambling, but it is obviously the most used system.
However I have to agree that bonuses are not given based on how big our bets/wins unless he is referring to a special promotion.

General bonuses and spins aren't dependent on the size of your bet or the amount you've won but they are given to anyone making a deposit that meets the minimum requirement of a promotion, and when you do so, you get a bonus with your deposit. But when you make a deposit that is smaller than the minimum required amount for a certain promotion or bonus, you simply don't get any bonus on top of your deposit and you will need to play without it.

The VIP level does depend on the amount of money that you wager in a certain platform because the more you wager, the higher your xp gets, and with higher xp, you will become more likely to get a VIP status after reaching a certain level of wagering. That is how things work in online gambling.

For those users who really don't understand how bonus terms work, they should just ignore those.

It's good that some sites are user-friendly with their respective interface on the deposit section and new users or newbies can easily check if the deposit are bounded with promotion or not. In that way, users can decide if they will push on a normal deposit or participate instead in a bonus.

Around 30x-50x turnover is already usual to see as a wagering requirement for a bonus.

But you know, in some cases, I don't mind dealing with a 30x-50x turnover if there's no maximum winning amount set.

The casinos might've noticed that the welcome bonuses aren't as good as the VIP rewards. It's reasonable for the casino to reward the gamblers that consistently play in their casino because they're the profit maker of the casino and one of the best ways to make them stay is by giving out rewards. The new gamblers have to prove themselves through wagering and it's risky for the casino to spend a portion of their budget only for the new gamblers when they're not guaranteed to become a regular player later on.

Wow! That news about somebody hacking into their seeds and finding out how many rounds it takes for the winning seed to occur is actually alerting. We are going to have a revolution in the name of Artificial Intelligence in the next few decades, and I wonder what they would do with casinos if things like these are possible, they will simply tear them apart if they can hack into the seeds and find out a winning seed to be able to wager big on that round.

The whole community is already optimistic about AIs and their intervention in gambling, and if things like this start to come to the surface, I believe AI models created in the future will surely put casinos out of business since almost everyone will be able to win a lot of profits using AI models.

The attractive promotions provided by casinos tempt many beginners, and they will always try to follow them without checking the wagering requirements. But once they find out, they feel like they can never get anything out of those casino promotions, and it's discouraging to see how many people have made it. If they never learn from their mistakes, they repeat them repeatedly without getting their bonus.

Anyone, including beginners, can deposit some money to participate in the promotion. Still, they should check the wagering requirements first and ensure they follow them properly. And only take a promotion with low wagering requirements because that will only make things difficult for yourself. And if no promotion yet has wagering requirements that we can, we don't need to join any promotion and just deposit as much money as we can or we are better off not gambling for a while.

For VIP or rank level then it would really be just that a standard because even if you arent aware then its really that default that the more you play whether win or lose, that progress bar would really be counting or increasing

on which for bonuses then it would really be totally different since you would really be needing to comply or reach out that threshold before you could be able to withdraw. Unlike if you dont just activate or simply ignore it then there's no such thing or target that you would be needing to caught up but rather simply with that deposit wagering which it isnt really just that hard to reach out which it is usually playing on x2 on your deposit
which needs to be wagered but for bonuses which this one is s peaking about 30-50x maximum depending on which casino you are dealing off with.

This is why most of the time i dont really have that kind of interest on spending up time or trying to get those bonuses due to horrendous reason or wagering requirement.
This is something that would really be putting yourself on being that desperate on trying to reach that.

I think the casino intentionally does not give a big bonus when normal accounts win these bets and wager a lot as they are already increasing their VIP level and the more they play the faster they will come to the next level of rewards.However this is not true in all casinos,as far as I know in Stake they give the monthly bonus even to non VIP-s recently while the weekly bonus is only to VIP accounts.So even when the new standard account is winning it means that they most probably will playing more and wagering more which in turn will result in them getting faster to the first VIP level and from there on to enjoy the rewards.

When it comes to wagering,  it all depends on the angle you look at it from and where you decide to pick it from,  because wagering to claim a bonus is like a punishment since it could lead to more losses for the gambler.

But wagering to increase your casino rank,  is a different ball game entirely and this is what we must discuss intensively since it goes in both ways since both lose and winnings are calculated together to make the total wagered amount that qualifies you for ranking in the casino,  it then means accumulating more wagering requirements still leads you to higher chances of increasing your overall wagered amount that aid your next rank,  so in this circumstance claiming bonuses with wagering requirements becomes a plus for the gambler.

Also, talking about bonuses and the urge some gamblers feel to reach them is what drives the market of the selling and purchase of accounts with high accumulate wager, which is of course against the rules of most casinos.

Some accounts can be very expensive and the bonuses are not worth such even bigger hassle in the short and mid term, assuming the buyer does not get banned as soon as the casino realizes what is going on.

I have not yet met anyone who have had a good gambling experience while exclusively chasing bonuses, because that is very unlikely to happen, almost as unlikely as hitting the jackpot.

When you create a new account on one of the platforms it's very unlikely to get a bonus, you're just logging in there and haven't participated in anything including depositing money so I think this is one of the reasons. To be honest I also often check my weekly or monthly bonuses, for example when this week I made a deposit to bet and the result lost then next week I will check again there, and on average I will get a rolling bonus, maybe it's part of the bonus from them because in the last week I did a lot of betting there. But for beginner accounts the bonus they get is quite small.
Oh yeah to be honest besides I enjoy every bet on the other hand I also pursue the account level, I aim to upgrade the account to VIP because when I can reach that point then the bonus I get is quite decent there and it can be used at least for a few long rounds without making deposits at certain times.

This is true. By the way, there is a small paradox here - experienced gamblers are likely to make the necessary wager, but they do not engage in such nonsense (including so as not to annoy the casino by deliberately abusing bonuses). It is the beginners who do this (who have no other ideas and skills), but in the end they simply lose the deposit.

it is the right choice because the promotion always has wagering requirements so why take it even though many casinos give more than 100% welcome promotion bonus and I think newbies might be tempted by the bonuses and promotions that are offered, but for longtime users it might be a promotion and the bonus is just wasted because in the end we will also make a deposit.

Depositing some money for example in less money to play and enjoy the game as a trial will probably be better, as it is not burdened with other wagering requirements, playing for fun and the usual entertainment that I do when trying to play on a new gambling platform to prevent fraud and addicted usually depositing less just for fun never hurts.

I think when an account is created on a casino platform, he may not be given any bonus by the casino. But when a person deposits money on the casino platform and when placing a bet, if that bet goes, does he get a bonus from the casino? It is often seen that those who bet more money are given a lot of bonuses or spins if they make a big bet. When an account goes to VIP level it gives a bonus to those VIP accounts, but when a new account wins a bet, why doesn't it give a bonus or Spain to those accounts?

This is actually the right mindset- if a person wagers purely in expectancy of achieving bonuses, then most likely the whole experience may be a drag and costly at the same time. But if you leave it as it is and continue to gamble, then you would definitely notice that your account would reach the next tier of rewards/bonuses in the whole process.

I think this kind of perspective is mainly for the people who really like to take advantage of the bonuses/rewards being offered at a casino. If this is what you want to focus, then there are better ways for you to earn and receive such bonuses in different categories without undergoing this hassle.

Most of the times, the gamblers will not be able to make use of bonus and promotions but instead they would lose more money in order to fulfill the wagering requirements.

Good for those who want to gamble but got some additional money in terms deposit bonus, but not good if any gamblers purposefully deposit more in order to avail that bonus on deposits.

Another aspect is that gambling sites will give deposit bonus on new signup and that is obvious , they want more gamblers to make an account on their site and then deposit too.

It happened to me because I didn't look at the wagering requirements back then and just entered or participated in a promotion. But as soon as I found out there were wagering requirements that I needed to meet and I was far from the minimum, and my bankroll was gone, I couldn't get anything out of the promotion. And it was a lesson for me that I should check the wagering requirements before deciding to participate in the promotion.

And for now, I'm not trying to participate in a promotion because it must be really hard for me. And I prefer to deposit some money and just enjoy gambling. That's more feasible for me because at least, I don't think about anything and just enjoy playing gambling.

Well, with respect to the wager, it's something that I don't like, first because whenever I do that I lose, maybe it's because I don't have enough patience to do things well, if I have patience, but when I know it's to fulfill a a very large-scale objective that tends to stress me out a bit, because if I don't see that I have the results that I'm looking for, that makes me a little bad, what I like is that I can go up a bit in game rank within the casino, but If I see it from a point of view that it is money that I am risking, well, I do not like it much, because internally I tell myself that I am already losing it, little by little but I am losing.

It is clear that there are some casinos that abuse, I know that. If I make a 1x wager that is enough for me, since my way of playing is not so patient, however I know that to play with an associated wager you need patience, you almost need to be very concentrated in the game and Don't put anything else into thinking.

I don't know about you, but I have come across sites where they ask for a 30x wager, and another for 50x, that really is something totally impossible for me to achieve, I couldn't, if I only suffer with 1x and sometimes I don't I did it, I can't imagine doing something like 50x, that's not on my radar as possible, but I've seen that here in the forum there are people who are dedicated to hunting bonuses, and those bonuses they enjoy, and there are some who If they manage to make the most demanding waer, the truth is that for me I admire a lot, and it seems to me that they are players who are on another level, it is that if I played with play money I think it would also stress me out, in fact I would do I do the wagers first in fictitious money mode, because there I apply everything I know, and if I see that something in particular works for me, then I do it, but of course the techniques don't work all the time, but for me when there are enough bonuses What I really do is avoid them and play only with my money without taking bonuses, but because of the experience I have.