Any bonus under 100% and requires a B+D X wagering is a rip off? Example I deposit $100 get 25% (2nd deposit bonus) and have to wager $100+$25 X 20?
I can see if its was greater than 100% or if it was just X Bonus. But to wager my greater deposit amount more times then the bonus its self???
Am I the only one who thinks
- Started by
- Bitspender
- Super Hero 1354
- last active 2 years ago
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- Started by
- Bitspender
- at Oct 01, 14, 08:24:29 AM
- Super Hero 1354
- last active 2 years ago
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- Replied by
- drtheolen
- at Oct 01, 14, 09:12:34 AM
- Moderator 2277
- last active 1 hour ago
If my calculation is right, from casino's perspective, if you play a slot that for example have a house edge of 4% (which I think is roughly average house edge for online slots of major providers), casinos expect you too lose 4% for every 1x you wager, or in your case $5. After wagering 20x, in "ideal" circumstances you will lose $100 from deposit+bonus, or $75 from your deposit.
On a same example but with 100% bonus, you will lose $160 from deposit+bonus or $60 from your deposit.
In both cases, expected loss is greater than bonus amount, and also its greater than just playing straight deposit.
Advantage of taking any bonus is more play time, thus more chance for a big win, but those bonuses of only 25% do not really give significantly more playtime, so they are not quite appealing to me. -
- Replied by
- blueday
- at Oct 01, 14, 12:23:46 PM
- Almighty Member 38014
- last active 2 years ago
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- bongo
- at Oct 01, 14, 12:37:14 PM
- Super Hero 1840
- last active 11 days ago
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- Replied by
- Bitspender
- at Oct 01, 14, 04:29:47 PM
- Super Hero 1354
- last active 2 years ago
I agree... I usually play table games as well as slots. So something the bonus does come in handy if its a good bonus, and it has to be cashable. Why people flock to Club World bonuses are beyond me. They are the worst ones in my book. Because they are non Cashable. I agree with you also blueday, It makes no sense to even have to wager your deposit. But USA casinos does this. Its criminal if you ask me.
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- Replied by
- Bitspender
- at Oct 02, 14, 06:00:20 AM
- Super Hero 1354
- last active 2 years ago
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- ChokeDee
- at Oct 02, 14, 06:36:12 AM
- Sr. Member 456
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- Replied by
- Bitspender
- at Oct 02, 14, 06:45:22 AM
- Super Hero 1354
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- Cat50
- at Oct 02, 14, 07:06:10 AM
- Superstar Member 6582
- last active 3 hours ago
Any casino that does things like that with deposits and bonuses need to be avoided (IMO) or maybe deposit without the bonus. I saw where a player was accused of cheating when he won (which to me is ridiculous) so i guess casinos can find a way to not pay even if you do a straight deposit. Finding a good casino that you like and sticking with them seems to be the best bet.
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- Replied by
- Bitspender
- at Oct 02, 14, 07:20:51 AM
- Super Hero 1354
- last active 2 years ago
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- Replied by
- wscalley
- at Oct 03, 14, 09:54:14 AM
- Sr. Member 316
- last active 4 years ago
Any bonus under 100% and requires a B+D X wagering is a rip off? Example I deposit $100 get 25% (2nd deposit bonus) and have to wager $100+$25 X 20?
I can see if its was greater than 100% or if it was just X Bonus. But to wager my greater deposit amount more times then the bonus its self???
Often I think some casinos use this way of describing the bonus to try and make it appear that the wagering requirement is lower than it really is - you know, 20xD+B sounds lower than 40xB, for example. I would usually always convert it back to just x Bonus when assessing whether to take an offer, in your example above, you are being asked to wager the bonus x100, which doesn't seem like a good deal to me. So yes, I'd say its often a rip off! -
- Replied by
- bongo
- at Oct 03, 14, 11:56:18 AM
- Super Hero 1840
- last active 11 days ago
I think you're better off taking your chances with a straight up deposit--no bonus attached. I like to be able to switch between the games and hate having restrictions on them. I hate having a slots only bonus and not be able to play a progressive slot for example. And Wscalley, that's just far too much math ....LMAO Chocolateman, I really miss MG too. Hope they come back to the US soon.
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- Replied by
- wscalley
- at Oct 03, 14, 03:29:54 PM
- Sr. Member 316
- last active 4 years ago
Your not wrong, my housemate had a 100x bonus WR on the go yesterday - it was at Roxy Palace, £10 no deposit bonus, and shouted me after he managed to hit a £75 win on Break Da Bank Again off a 9p spin - it was the five sapphires on a regular spin. I said go ask them how much WR you have remaining.. they told him over £800 lol ....
By this morning he was back down to £10 and contacted support to find he was on £493 to go. Of course he busted out a few minutes later still spinning at 9p.
I love it when you make a small deposit without bonus and have a great hit straight away - but of course, those days are few and far between. The extra playtime a bonus usually gives can often be extremely useful. Nevertheless, I would be VERY unlikely to take a 25percent bonus if the WR included wagering my own deposit 20 or more times.. sack that !Rated:4/ 5
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- Replied by
- Bitspender
- at Oct 03, 14, 04:25:47 PM
- Super Hero 1354
- last active 2 years ago
Bonuses are ok when they are reasonable. But I DO NOT take anything below 100% if it requires wagering my money also. ND Bonuses used to be fun. They are a headache because of their massive wager requirements. I literally make 1 or 2 deposits a week now. If that... LCB bought me a new BLU-RAY with Netflix off Ebay from the Chips. So I been chilling on the couch after work. Watching REVENGE!!!
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