foxrich
foxrich
Joined: Mar 15, 2015
  • Threads: 4
  • Posts: 9
March 19th, 2015 at 8:05:17 AM permalink
Hi, guys, I have a question about online casino bonus.

In general, casinos usually offer deposit bonus for 100%, means double the deposit. For example, if I deposit 100 USD, i got 200 in my bankroll, if I lost 50 USD when I play, 50 USD is my real money or bonus?

In other word, if I lose money, does casino deduct the money from the bonus or from the deposit?

If they deduct money from the deposit, the bonus and the deposit is dangerous, maybe lose all in the rollover period. Won't play in this kind of casinos.

If they deduct money from the bonus, it's fair to player, if player lost bonus, they have remaining money(deposit), which they can withdraw.
FatGeezus
FatGeezus
Joined: Jun 12, 2010
  • Threads: 7
  • Posts: 475
March 19th, 2015 at 9:39:23 AM permalink
Quote: foxrich

Hi, guys, I have a question about online casino bonus.

In general, casinos usually offer deposit bonus for 100%, means double the deposit. For example, if I deposit 100 USD, i got 200 in my bankroll, if I lost 50 USD when I play, 50 USD is my real money or bonus?

In other word, if I lose money, does casino deduct the money from the bonus or from the deposit?

If they deduct money from the deposit, the bonus and the deposit is dangerous, maybe lose all in the rollover period. Won't play in this kind of casinos.

If they deduct money from the bonus, it's fair to player, if player lost bonus, they have remaining money(deposit), which they can withdraw.



Read the rules and definitions! (The small print)

Sometimes you have to bet 5X the amount of your Bonus Money. In your example of a $100 in Bonus Money added to YOUR $100 deposit, you would have to bet $500 before you can touch the Bonus Money.

Again

*******Read the rules and definitions************
beachbumbabs
Administrator
beachbumbabs
Joined: May 21, 2013
  • Threads: 97
  • Posts: 13422
March 19th, 2015 at 5:54:11 PM permalink
In my (small) experience of those bonuses, it's 20x to 40x the deposit of play before any money can be withdrawn, depending on whether you're playing slots or tables. Your deposit is NOT withdrawable until you've played that multiple of the total funds (usually deposit + credited bonus funds). You can only play it until it's gone or you've fulfilled the obligation. The better casinos track this for you so you can see how far you have to go.

After you've completed your obligation, the entire amount remaining in your account is withdrawable, whether it's larger or smaller than your original cash deposit (subject to withdrawal amount caps, more fine print). It's kind of like a RoR formula in reverse; the casino's betting you can't turn the money over that many times without losing it. Maybe 1 person in 1000 can get to the end with funds, let alone a profit. I got close once, 90% of the way there, but everything tanked on that last bit of gambling.
If the House lost every hand, they wouldn't deal the game.
GWAE
GWAE
Joined: Sep 20, 2013
  • Threads: 89
  • Posts: 8833
March 19th, 2015 at 6:41:20 PM permalink
Way back when, when I was a bonus whore, there were a few that took their bonus back when you went to withdraw if you were able to make it through their rollover. Now this was back in the hay day where the requirement was as low as 5x on some sites.
Expect the worst and you will never be disappointed. I AM NOT PART OF GWAE RADIO SHOW
terapined
terapined
Joined: Dec 1, 2012
  • Threads: 75
  • Posts: 5184
March 19th, 2015 at 7:59:43 PM permalink
1st off, I do some gambling online.
I have a Bovada account.
Its primarily for poker and sports betting.
Out of all the online games offered, I recommend only playing poker or betting on sports.
My advice if you want to gamble online.
Do not accept a bonus.
Once you accept a bonus, the casino is now in charge of your money. The casino now dictates how much you have to play and what games you have to play.
When I walk into a casino in real life, I am in charge of my bankroll. I may make a 5 dollar bet then leave. I may play a couple of hours. I decide how much I want to play. I can play say only 10 hands of BJ , am hot, say win 8 of the hands. I can at that time cash out with a profit and leave.

The Bonus game is a whole different thing. Due to extremely generous bonuses, you will give up a lot of control over your bank roll and how much is required to play vs what you want to play. Its ying yang.

My advice is to play online but not accept the bonus. That way you can play as much or as little as you want.
You hit a jackpot, you can withdrawl the cash right away.
I looked very closely at some of the casinos bonuses below and the fine print. They are all up front in the rules about how much play is required on what games before you can make a withdrawl. What bothers me is some of these online casinos have no automated procedure to make a deposit and refuse a bonus. Some sites say if you don't want the bonus, you must accept initially and then send them an email for manual intervention.
"Everybody's bragging and drinking that wine, I can tell the Queen of Diamonds by the way she shines, Come to Daddy on an inside straight, I got no chance of losing this time" -Grateful Dead- "Loser"
Wizard
Administrator
Wizard
Joined: Oct 14, 2009
  • Threads: 1197
  • Posts: 19968
March 19th, 2015 at 8:32:56 PM permalink
Depends if it is a cashable bonus, Sticky Bonus or Phantom Bonus.
It's not whether you win or lose; it's whether or not you had a good bet.
AxelWolf
AxelWolf
Joined: Oct 10, 2012
  • Threads: 126
  • Posts: 16174
March 20th, 2015 at 2:08:27 AM permalink
Quote: terapined

1st off, I do some gambling online.
I have a Bovada account.
Its primarily for poker and sports betting.
Out of all the online games offered, I recommend only playing poker or betting on sports.
My advice if you want to gamble online.
Do not accept a bonus.
Once you accept a bonus, the casino is now in charge of your money. The casino now dictates how much you have to play and what games you have to play.
When I walk into a casino in real life, I am in charge of my bankroll. I may make a 5 dollar bet then leave. I may play a couple of hours. I decide how much I want to play. I can play say only 10 hands of BJ , am hot, say win 8 of the hands. I can at that time cash out with a profit and leave.

The Bonus game is a whole different thing. Due to extremely generous bonuses, you will give up a lot of control over your bank roll and how much is required to play vs what you want to play. Its ying yang.

My advice is to play online but not accept the bonus. That way you can play as much or as little as you want.
You hit a jackpot, you can withdrawl the cash right away.
I looked very closely at some of the casinos bonuses below and the fine print. They are all up front in the rules about how much play is required on what games before you can make a withdrawl. What bothers me is some of these online casinos have no automated procedure to make a deposit and refuse a bonus. Some sites say if you don't want the bonus, you must accept initially and then send them an email for manual intervention.



It depends on if you want an advantage or not. Rarely will you find an advantage online without a bonus you can find many advantages using bonuses.

Disclaimer: RNG's, Tricky T&C's and getting paid may vary. Bovada has paid each and every time.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
Deserture
Deserture
Joined: Feb 7, 2015
  • Threads: 0
  • Posts: 5
April 27th, 2015 at 9:57:16 AM permalink
removed
AxelWolf
AxelWolf
Joined: Oct 10, 2012
  • Threads: 126
  • Posts: 16174
April 27th, 2015 at 10:07:34 AM permalink
Quote: Deserture

link removed

The Company has strict anti-fraud policy. If the player is suspected of fraudulent actions including but not limited to: Player is known to have gone bankrupt in the country of his residence, the Company reserves the right to terminate the user account and suspend all payouts to the player. This decision is at sole discretion of the Company and the player will not be notified or informed about the reasons of such actions.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
terapined
terapined
Joined: Dec 1, 2012
  • Threads: 75
  • Posts: 5184
April 27th, 2015 at 10:26:22 AM permalink
Quote: Wizard

Depends if it is a cashable bonus, Sticky Bonus or Phantom Bonus.



What are the differences between cashable bonus, sticky bonus and phamtom bonus?
Are these bonus terms different from the rules regarding bonuses advertised below?

I find the rules regarding the below bonuses advertised at the bottom of this website to be extremely restrictive.
"Everybody's bragging and drinking that wine, I can tell the Queen of Diamonds by the way she shines, Come to Daddy on an inside straight, I got no chance of losing this time" -Grateful Dead- "Loser"

  • Jump to: