Bitcoin Forum

Many gambling sites have deposit bonuses.
However, if you receive the deposit bonus, there is a condition for withdrawal.
For example, 10 times the deposit amount, etc.
What is the reasonable condition you think?

When a company gives you deposit bonus, it certainly comes with a binding terms and conditions. Otherwise, anyone would deposit 1 bitcoin to that website and onec the bonus is paid, they would withdraw the total amount. Will it help the website in any way? That's why there are many types of terms and conditions attached with such bonuses.

The most reasonable one is, that you have to play a certain number of games before you become eligible to withdraw the amount. However, based on their business situations, additional conditions are applied.

Also such deposit bonuses are not applicable for gambling only. There are many forex trading websites offer such bonuses. Where you get $50 in bonus but the minimum to withdraw is $100. Otherwise it will become an endless circle of deposits and withdrawals, ain't it??

Thank you. What I want to know is the level of bonus withdrawal that the user can understand.

I have never found a gambling site that gets a bonus in making a deposit. Maybe the goal is to attract people to play on the gambling site. And that's good to do, but if the conditions are also for withdrawal I think it's very difficult to do because if it's true many times the amount of deposit may be better I don't want to get a bonus from the deposit.

The condition is most of the times very difficult to meet in many casinos but lately these conditions are becoming easier and easier by the day.The reason for that is that people are turned off when they read about the conditions they have to meet in order to receive the bonus.This brings less deposits to the casinos so lately they are implementing easier comditions.

Not only the bonuses are kind of "locked" but often the coins you received through faucets/free rolls/... are, too. You are often forced to spend them or gamble with those coins and usually cant withdraw them.

Watchout! these offers comes from most of the scam sites so don't get scammed for some bucks.

At least check the receives about the site before depositing and if it is legit then you can try but this is just a strategy to make you play on gambling sites.

They want you to keep betting on their platform til you win the required amount to withdraw, casinos don't want you to stray away to another casino. If you wanna withdraw your winnings you better win or just lose everything there. It isn't a tempting offer for a new casino, I would back away from it if I haven't deposited yet  it feels like I'm manipulated already before I even got there.

so that you play more, i think i never got out with the whole bonus any time, maybe i end up with like 20 % after im done with the requiment to cash out , and alot of time spent to get there.

Deposit bonus usually will get 100% or 200% from initial deposit and the conditions between gambling sites will not always be equal however there was a standard requirements to unlocked those bonuses usually approximately from 30x - 40x wagering requirements before able to withdraw but sometimes the requirements are more than i mentioned above and according to my experience it was very hard to unlocked the bonus even i had several times got busted and my balance was spend

Wager 20 times from your deposit bonus before you can withdraw it. If the wager min is too low, it will b easily abused by some multi accounts cheater. Since it's free, there should be at least some requirement like that

That is the best explanation on op question and I hope he/she still around to read this. That is why I do avoid bonuses, I should not have limit on my withdrawals.However if you know you can meet up with the conditions it is good you should takes the bonus as this will help you to make more betting or playing.

Reasonable condition for deposit bonus? As a player, obviously I want to see low wagering requirement only but obviously it wont happen as deposit bonus is is not designed to give more edge to players. I can even say that deposit bonus is something that will make player lose faster because players are forced to play till they complete the wagering requirement.


Deposit bonus is free? never heard if there is free deposit bonus, are you referring to "no deposit bonuses"?
Deposit bonus is not free because we need to spend some money to deposit to get the bonus.

The gambling sites give bonus for a reason. They want to attract the customers and also want the gamblers wager at their sites. that's the reason we will see that none of these bonus are withdrawable unless you invest some amount in the site. If there were free bonus without any restrictions then everyone will make many new accounts and keep on collecting the bonuses.

When I first started gambling, I did see a lot of bonuses that come from deposits. I did something like double your deposit. So, of course, being the serious and risk taker that I am, I deposited. If I remember correctly, it was 0.005 BTC, and the final balance of my account became double, 0.01 BTC (obviously) Anyways, I didn't read any condition like that, and I just tried playing. I did remember that it became something near to 0.02 BTC just as I was playing, but I still can't entirely withdraw because of the said condition. It's like play/bet at least this x amount (x will depend on the amount you deposited IIRC) then that's just it. As long as that condition is set, it's like you will be locked in for an amount of bet, and you still can't recover. I think you could consider it as a loan and just lending you some extra BTC that you might lose with your deposit also in the long run.

The most reasonable one that I could think of is that you just need to bet at least the same amount then you could withdraw, but the drawback with that (as the casino owner) you are probably going to lose more money than gain one. That's a good thing (for the houses) that it's not like that.

What a great time to be the house, though. Lol.

The requirements for withdrawal shouldn't be exceptionally high or else it'll be nearly impossible to legitimately withdraw anything you might earn with bonuses, but at the same time making them low does mean people can abuse the system as others have said here. There's really no easy solution to this problem, and as a result I really don't take advantage of deposit bonuses very often as I find it is usually very hard to withdraw any funds you get with the bonuses. If you're ever unsure of what the minimum requirements for withdrawal are, reading the terms of service or terms for the promotion should show you that.

If you can attain to reach the required wager and you want to stay to that casino for good, you can acquire the deposit bonus. But if you are someone who are just lurking on different casinos for this kind of bonus, it would be hard for you to claim one. Because each of them has strict rules regarding the amount that they require each gambler to be eligible to the bonus. It's not just about depositing but there's a set of rule that you need to follow and it's not just one.

LOL! What you are expecting? Gambling site is a business not a charity that's why you should expect for such condition into these kind of bonuses.
They wont give anything just for nothing where there would be always a corresponding terms which would lead out into their edge because wager requirements is
almost an impossible thing to beat.

Like many others said, deposit bonus are not giveaways or airdrops. They are just giving you some money to spend on their plataform, as an incentive. Not to automatically withdrawal the funds

Let's put it this way; you might have a good reward in return after playing/betting for such long. Not just you will deposit, bet, lose, that's it.

What condition can be considered as "reasonable"?

It varies per gambler as we have different views if a certain requirement is difficult or quite easy to achieve. Example in Cloudbet's 100% deposit bonus, I don't remember what's the wager requirements back then but I able to reach it within just a short period of time because of my consecutive winning streak in sports betting. Maximum bet I did was BTC0.01 with the odds playing around @1.7 to @2. The initial deposit was BTC0.1. I never attempted to reach the requirements. It's just that I want to play there and test the sports betting. But in the end, I was surprised I made it.

Its an another story yet not most people do have same mindset as yours who do solely seek out for fun and just trying making bets for entertainment
since majority do have the same or similar mindset on how to take advantage out of those bonuses and also most of them do believe that its a free money which the
site had given without even realizing that it has terms.

I had that bonus done many times, the EU actually spoiled the party so I was lucky to take part in many company offers years back.   It works fine as you just play through with the cash at least once.     Where it gets hard is when in either betting or anywhere if you have play through the bonus cash 10 times or more then obviously you may never get to withdraw if you lose.

Its understandable either way but I've got the offer to place a bet bonus for just taking part at least once and obviously thats the easiest and biggest draw for people who might not otherwise consider a gamble.     I call it a no brainer to have a go then and I usually try to get people to take part, not everyone can recognise a good offer always but its fairly straight forward hopefully

I wouldn't disagree or complain about the deposit bonus before you can withdraw your money. If a site have deposit bonus then whoever deposit and get the bonus they will just abuse the bonus so it is reasonable that they have their binding terms and conditions. You should be happy that they have deposit bonus when you deposit a certain amount where some site doesn't have any bonuses at all.

Among all of the deposit bonuses,i do rank up them basing on how hard you would able to make it out.(Easiest-Hardest).
-Dice Game
-Sportsbook
-Slots
Dont stress out yourself too much and just enjoy with your extended bankroll due to bonuses.

Deposit Bonuses may sound like they are for people who have lack of money but in reality these bonuses are just another gamble. If you lack money and want to get/claim bonus, then I suggest to stay away from them because chances for you are very low to win, but if you are gambler and a person who doesn't care about loses, then additional bonus is your additional gamble. You may catch bonus or not, this makes whole process more exciting.
Also depends on bonus too, you may get deposit bonus in free spins, that's whole different thing and it's better for first type category people (which I said above). As bonuses look nice when you deposit, the more uglier they are becoming when actually gambling.

is also like the promotion starting a person try to invest in it on speciality some offers given from the same its ok I think it will be good for some investments but we need to be more careful while investing and choosing right field.

What is investment to do with deposit bonuses? Are you talking about ponzi scheme which offer you big return jut in a day or  a week? Just stay away.

Yes, to be fair with gambling sites, they need to implement such rules before anyone can withdraw their deposit bonus. Otherwise, as you said, they can withdraw it once it's credited in their account. If the site will allow it, I don't think they will stay in business for long. Remember, they need to afloat in the business that's the reason why they have gambling business and not a charity one.

Agreed, for sure others will take advantage and abuse it if they won't apply conditions. The site bankroll won't last even 24hrs since the launch if there's no conditions. For me having bonuses is good but if I were going to play, i'd better focus on playing rather than thinking and catching those conditions that could possibly distract my focus.

Well, it is regulation so the users will not be able to abuse the deposit bonus the company has been offered to its users. Deposit bonuses are made for the company to give its users a least of bonus but it doesn't mean that they can afford it very much.

Indeed, a lot of people are taking advantage of these kinds of bonuses. So these kinds of bonuses without any regulations are equivalent of users abusing it. We can consider it as a fair deal and is reasonable to have terms and condition since we did not go to the website to earn a bonus, but to play and gamble.

I agree.




I agree. So I wondered whether the betting companies and betting users would be able to agree on the withdrawal conditions.



right. The withdrawal requirement should not be high, but you should not lose the betting site.

There are many cheats among betting companies, but there are also deposit events at major sites.

Most sites are between 100 and 200%, 30x to 40x wagering?

That’s most of the terms and condition on every gambling site while receiving the deposit bonuses simply because its just a market promotion and they wanted you to play on their site not just for their bonuses. As long as you can withdraw your capital then I think nothing to worry about, beside you can on that site to gamble.

That's a reasonable condition, they will not just give easy money.
When they have a deposit bonuses, you'll have to read the complete terms to ensure you'll not fall for this if you think you don't have a chance to fulfill them. It's part of the marketing to attract more gamblers and although they are paying but in overall, the site are the one who get most of the benefits.

deposit bonus means small gift so there is no sense of abusing it for a small amount of cash  and besides not all are going to play gambling and not all are oftenly depositing on a gambling sites  .


some people are actually hunting for a websites or gambling sites that have a discount or bonuses before they start to use because they want to save some cash however some gamblers are just playing directly without aiming for the bonuses  and they also knew that bonuses are hard to fullfiled so they didnt care at all  .

I am not a big fan of the deposit bonus because like you said it takes so much winnings just to be able to see any profits.
10x a deposit bonus is the sportsbook way to gain your attention but tell me come on who will win 10x the bonus so you can withdraw.
It sounds really nice and we all want to get the free bonus but sometimes you see '500x deposit bonus' and I get a small chuckle out of it.

For sure they will gain after this promotional freebies, if the gamblers won't read and easily been captured by this promising offers, you have to be more careful with such bonuses and same with your opinion the overall beneficiaries will go with the casinos itself.

Knowing all the grounds and all the things behind those bonuses will lead you to manage to take some portions of those offers.

Play or Invest could be a reasonable one.

It cannot just be deposit and withdraw. Some measure should be done before they can give out certain amount of bonuses.
Maybe give them a number of how much they should play.

If the deposited amount is 1 BTC and the bonus will be .5 BTC then the very least a gambler could do is play until he reaches an amount where he already played 1 BTC win or lose doesnt matter.

With investing though, they could input the whole amount and then wait for a certain time.

Gambling sites are giving bonuses to attract investors, their terms and conditions are very strict, so it would be difficult for ordinary investors to fulfill that and withdraw.

I think it is fine whatever their term is as long as they wouldn't put up a time limit to play with their deposit bonus,
Because not everyone could play continuously and achieve their desired condition in order to withdraw the bonus.
I think it is great that some of them would give out a deposit bonus so that other player could enjoy more in their gambling site.

I've tried of few of those bonuses for new players on different casinos and it is always a major hassle to walk away with any winnings.  They have strict conditions that must be met and they often try to disable your account if you win any large amount from it.

I never had that. I was also tried some if deposit bonuses from several gambling site. My biggest winning was around $6k from deposit bonuses (i even wagered more than 40 times at that time, while the min wager was only 25 times), and i was be able to withdraw around $20 because of that (yes only $20, since that's the max amount you can withdraw from deposit bonuses)

Ordinary investors?

Gambling sites meant for the normal people,if it is for only millionaires then they are not going to get the desired profits.

Deposit bonuses are designed to both reward the player for taking a chance and playing on a new platform (in the case of a first deposit bonus), or are aimed at creating regular players by rewarding repeat deposits.

As with any bonus or reward, there are terms and conditions that need to be followed that both prevent it from being abused by unscrupulous players, and to ensure the house gains the desired benefit (player retention).

Personally, I believe casinos should be able to place whatever restrictions they want on their bonuses, so long as they are upfront and honest about what players need to do to get hold of their funds.

And usually, they give a bonus with applied some amount of wagering. But I don't know much about the deposit bonus since I don't deposit too much money on the gambling website. Maybe we need to wager in more than 10 times or so, and then we can get the deposit bonus. But sometimes, I receive an email from the gambling site that if I deposit 0.01 btc, I can get a bonus deposit 100% from the amount I deposited.

i think it depends on the gambling site . some sites have condition that  you must wager or do some task before you get the bonus while there are some that credits bonus automatically on your account after you deposit on thier site  . i see that fortune jack have a 1btc welcome bonus though idk if thats true or ill already misslook the ad banner  .

 ive also played on freebitco and they also offer a bonus after you wagger the stated amount but it was too hard and i cant afford to bet more just to get the bonus  . i can say that its not worth it .

The terms and conditions for bonuses are in order otherwise people will cheat to have loads of bonuses . the gambling website will bleed and eventually close shop.

Bonuses are probably useless for most online gamblings considering that they and your own fund will most likely be lost in bets.

No gambling site would ever tend to do such thing or else they would really be bankrupt and its just like that they are
knocking their own heads with a hammer.

Conditions would be applied on such bonuses and as usual they do always have the edge.

Honestly, I have never used a deposit bonuses that is widely available because I'm sure the requirements made to achieve withdrawals are very difficult and the possibility of them having withdrawal restrictions if we use these bonuses. So I have never been interested in things like this and will only gamble as usual, as for those who often use bonuses like this I am sure they are people who have good experience so they are able to reach withdrawal requirements.

10 times of the deposit amount is really high. And withdrawal conditions should be linked to the bonus given, not deposit amount. 100%-200% of a bonus given should be quite fair condition. If it is more it looks like a trap from a start. But of course you need to read terms and conditions before making any decision.

it only applies to some gambling sites that can provide deposit bonuses after we deposit money into the related site. maybe this is the same as we make a deposit at the bank and we get a percentage of interest from it

Banks never ask about the tripling the loan amount and come back to take back your interest. Wagering requirements are absurd on famous online casinos due to rollover amounts for bonus + deposit. Usually, only slots are 100% calculated towards wagering requirements and table games(Blackjack,Roulette,Baccarat) only counted as 10%.

That is insane, I know sites who will ask you for a number of rolls before you can claim your bonus deposits but remember its a business. They will do everything to attract everyone to try their site and the same thing, they will do everything to keep you from playing in their site, just like the topic on the other thread, they will go to the distance to keep you playing, the longer you stay in their site, the better for their business.