A.M.
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January 10, 2017, 03:02:58 PM |
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I never use bonuses or cashbacks because there are always some strange hidden terms and conditions with most bonus.
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Red-Apple
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January 10, 2017, 04:32:59 PM |
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Hi guys! Nearly every online bitcoin casino offers many many bonuses such as free spins, deposit bonuses etc. Many casinos (for example Oshi) offer you a choice whether you want to use bonuses or get cashback from your losses. My question is which of those option do you prefer and benefit from? Why? Let us all know ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) i am always down for any kind of bonus and interesting giveaways that any casino is doing. but i don't use all of them. most of the times i firstly check the conditions of the giveaways, bonuses or ... and then if the conditions were to my liking or within my ability to fulfill them i would then move ahead and participate.
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izanagi narukami
Legendary
Offline
Activity: 2030
Merit: 1028
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January 10, 2017, 04:50:35 PM |
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Hi guys! Nearly every online bitcoin casino offers many many bonuses such as free spins, deposit bonuses etc. Many casinos (for example Oshi) offer you a choice whether you want to use bonuses or get cashback from your losses. My question is which of those option do you prefer and benefit from? Why? Let us all know ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) It's depend on people interest on gambling activity For who are gambling addicted, they will accept anything as long as they fulfill their gambling desire But for who are interest for free money , they will accept the bonus without do any bet / gambling activity at all
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OshiHugo (OP)
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January 10, 2017, 05:47:43 PM |
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Always go for cashback. You want to minimize your losses in the long run, and cashback helps with this as it reduces the amount you lost and gives you some additional bankroll again when the payout happens.
Bonusses are nice, but the end result is often that you lose it before you reach the minimum bet amount to release it for withdrawel.
Work out the best damage limitation strategy via math and see if on average you can beat the bonus amout. We should come up with a table to compare all different options. Faucets should not count they are always good but time wasted. There is problem that you never know how much (and if) you are gonna win with free spins
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Bitcoinsummoner
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January 10, 2017, 06:31:35 PM |
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Always go for cashback. You want to minimize your losses in the long run, and cashback helps with this as it reduces the amount you lost and gives you some additional bankroll again when the payout happens.
Bonusses are nice, but the end result is often that you lose it before you reach the minimum bet amount to release it for withdrawel.
Work out the best damage limitation strategy via math and see if on average you can beat the bonus amout. We should come up with a table to compare all different options. Faucets should not count they are always good but time wasted. There is problem that you never know how much (and if) you are gonna win with free spins Useless if you are just getting the bonus like faucet it is such small amount like other said its wasted time.. Much better to gamble with cashback because you can bet large amount in the first time like in primedice cash back before if you lose they will give back your loses.. but sometimes they are giving a good bonuses just like before primedice is giving away of 0.03 btc or less just forgot that you can withdraw instantly or you can use to gamble ..
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ethereumhunter
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January 10, 2017, 06:32:54 PM |
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Cashback and bonuses are awesome. It helps me to reduce the losing amount and encourage me to gamble more and more. I used to hunt for top wages bonuses because it is one of the easiest bonuses in the casino. I also have a method which makes me get on the top of the chart without losing much capital
Yes Bonus and cashback is always the best way to attract new users and to freely test out the casino functionality, but only few people got lucky getting the terms of bonus for withdrawal, but its still its a free game to enjoy without risking our own money, i think bonus will be good option for people which only use free money from faucet like me and as you said, free money means we don't have risking our own money and we can use that free money to playing gambling but we can not expecting to get win much of money as we only use free money to gambling.
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asuryan180
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January 10, 2017, 09:33:30 PM |
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I have used cashbacks because it's a really good promotion and it's nice as long as there are no hidden conditions.I have came across a cashback recently which had conditions not explained on the main page of the promotion and that led to tell me that we should be careful when we participate in such a thing but as long as you are sure that everything is at it has been sait,sure go for it
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Yuuto
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January 10, 2017, 11:06:45 PM |
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I never use bonuses or cashbacks because there are always some strange hidden terms and conditions with most bonus.
Yeah definitely. Most of the bonuses have absolutely ridiculous terms and wagering requirements which makes them completely irrelevant if you are trying to make a quick buck or two. It might sound lucrative at first but if you look into the fine prints then you will quickly realise that it's not the best deal. The cashbacks though if done through a reputable site, sometimes they also call it loyalty points, is actually a pretty good tool for profit because there is no wagering requirement and basically the more you wager the more you can get in loyalty points.
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U2
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 10, 2017, 11:18:42 PM |
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I never use bonuses or cashbacks because there are always some strange hidden terms and conditions with most bonus.
Yeah definitely. Most of the bonuses have absolutely ridiculous terms and wagering requirements which makes them completely irrelevant if you are trying to make a quick buck or two. It might sound lucrative at first but if you look into the fine prints then you will quickly realise that it's not the best deal. The cashbacks though if done through a reputable site, sometimes they also call it loyalty points, is actually a pretty good tool for profit because there is no wagering requirement and basically the more you wager the more you can get in loyalty points. Ok good so it's not just me. I tried to get cash back but holy crap you need to jump through this hoop tap your nose 3x spin in a circle climb a mountain then kiss your granny on the lips before they release your 20k Satoshis or whatever meaningless amount it is. It sounds great in theory bit there's always a catch and it's never worth it.
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tabas
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 10, 2017, 11:30:24 PM |
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I never use bonuses or cashbacks because there are always some strange hidden terms and conditions with most bonus.
Yeah definitely. Most of the bonuses have absolutely ridiculous terms and wagering requirements which makes them completely irrelevant if you are trying to make a quick buck or two. It might sound lucrative at first but if you look into the fine prints then you will quickly realise that it's not the best deal. The cashbacks though if done through a reputable site, sometimes they also call it loyalty points, is actually a pretty good tool for profit because there is no wagering requirement and basically the more you wager the more you can get in loyalty points. Ok good so it's not just me. I tried to get cash back but holy crap you need to jump through this hoop tap your nose 3x spin in a circle climb a mountain then kiss your granny on the lips before they release your 20k Satoshis or whatever meaningless amount it is. It sounds great in theory bit there's always a catch and it's never worth it. Yes surely there are always some twist whenever you are in the feeling of getting excited of getting those cash backs or bonuses. That's why also I don't rely with it either even though it sounds pretty good at first. But once you are already on the time of claiming it, I would just like to say good luck for those guys.
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ufaiz50
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 10, 2017, 11:56:08 PM |
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Hi guys! Nearly every online bitcoin casino offers many many bonuses such as free spins, deposit bonuses etc. Many casinos (for example Oshi) offer you a choice whether you want to use bonuses or get cashback from your losses. My question is which of those option do you prefer and benefit from? Why? Let us all know ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I think the cashback and bonus have the same meaning but if you mean is bonus free spins i prefer cashback. better chose both
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michkima
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January 11, 2017, 02:36:05 AM |
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Hi guys! Nearly every online bitcoin casino offers many many bonuses such as free spins, deposit bonuses etc. Many casinos (for example Oshi) offer you a choice whether you want to use bonuses or get cashback from your losses. My question is which of those option do you prefer and benefit from? Why? Let us all know ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I think the cashback and bonus have the same meaning but if you mean is bonus free spins i prefer cashback. better chose both I think cashback is similar to rake back, where you get a portion of the money you lost or where you lost an accumulated amount of money the casino would give you some money back. Typically a small amount every time, like around 1-5% of your total losses. Bonuses are when you deposit and get some more money you can play with, however the terms before you get that free money are really hard to do.
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bhadz
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January 11, 2017, 02:58:08 AM |
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I have used cashbacks because it's a really good promotion and it's nice as long as there are no hidden conditions.I have came across a cashback recently which had conditions not explained on the main page of the promotion and that led to tell me that we should be careful when we participate in such a thing but as long as you are sure that everything is at it has been sait,sure go for it
I did used it also before but those conditions they are hiding are very crazy. If I knew that there are some conditions needed to be filled then I won't rely going to take that chance of getting that cash back. And from that incident, I really don't believe anymore with those cash back / bonuses a site is saying, that is just like a click bait.
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milewilda
Legendary
Offline
Activity: 3220
Merit: 1149
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January 11, 2017, 04:59:44 AM |
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Hi guys! Nearly every online bitcoin casino offers many many bonuses such as free spins, deposit bonuses etc. Many casinos (for example Oshi) offer you a choice whether you want to use bonuses or get cashback from your losses. My question is which of those option do you prefer and benefit from? Why? Let us all know ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I think the cashback and bonus have the same meaning but if you mean is bonus free spins i prefer cashback. better chose both I think cashback is similar to rake back, where you get a portion of the money you lost or where you lost an accumulated amount of money the casino would give you some money back. Typically a small amount every time, like around 1-5% of your total losses. Bonuses are when you deposit and get some more money you can play with, however the terms before you get that free money are really hard to do. Its really hard to do withdraw on that bonuses since you will really need to rollover it and it depends on the casino rules.This thing is just a lure up so that people would see huge bonuses but they didn't know whats exactly the mechanics on this one specially to those new gamblers/newbie.Thats why I really don't bother myself on this bonuses and I would eventually choose cashback rather than that bonus.
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novemberwoah
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January 11, 2017, 05:03:43 AM |
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Maybe if I gamble I always take advantage of a bonus given to gambling. Because I think if getting a bonus, I was able to gamble with more sparingly. Different with cashback is usually just get a little, so it was not comparable to bet has been issued to gamble. So if suppose I were to choose between the bonus and cashback, I prefer to get bonus
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carlfebz2
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January 11, 2017, 06:36:53 AM |
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Maybe if I gamble I always take advantage of a bonus given to gambling. Because I think if getting a bonus, I was able to gamble with more sparingly. Different with cashback is usually just get a little, so it was not comparable to bet has been issued to gamble. So if suppose I were to choose between the bonus and cashback, I prefer to get bonus
Having bonus does really give advantage but the issue is just the rollover requirement but overall with bonus because it expands your bankroll even more and could able to make more bets not fully depending on your initial deposit.Same as yours i would choose bonus than cashback.
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Kemarit
Legendary
Offline
Activity: 3192
Merit: 1382
Fully Regulated Crypto Casino
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January 11, 2017, 02:40:57 PM |
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Always go for cashback. You want to minimize your losses in the long run, and cashback helps with this as it reduces the amount you lost and gives you some additional bankroll again when the payout happens.
Bonusses are nice, but the end result is often that you lose it before you reach the minimum bet amount to release it for withdrawel.
Cashback is more appealing, because cashback is a nice way of recouping and generally gives about 20% of what you have lose. so it is a win-win for the gambler. But be aware and inform about cashback, because some of them if not all have hidden charges and restrictions.
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chixka000
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January 11, 2017, 02:46:07 PM |
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Maybe if I gamble I always take advantage of a bonus given to gambling. Because I think if getting a bonus, I was able to gamble with more sparingly. Different with cashback is usually just get a little, so it was not comparable to bet has been issued to gamble. So if suppose I were to choose between the bonus and cashback, I prefer to get bonus
Nope, I would have to disagree with you on the other terms because if you do think that cash bonus is an advantage for gamblers how much more if you often do gambling(lol maybe some of us only gambles because of the cash back bonus) and that makes the difference. What advantageous to regular gamblers would somehow be much better to often gamblers
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FFrankie
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January 11, 2017, 02:54:39 PM |
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Maybe if I gamble I always take advantage of a bonus given to gambling. Because I think if getting a bonus, I was able to gamble with more sparingly. Different with cashback is usually just get a little, so it was not comparable to bet has been issued to gamble. So if suppose I were to choose between the bonus and cashback, I prefer to get bonus
Having bonus does really give advantage but the issue is just the rollover requirement but overall with bonus because it expands your bankroll even more and could able to make more bets not fully depending on your initial deposit.Same as yours i would choose bonus than cashback. I agree, with you but if you crunch the numbers. Lets say you deposit 777 mbtc and get a 1 BTC bonus. You have to bet that bonus 40 times before being able to withdrawal. You bet 1 BTC on dice with chance of winning at 98%, if you win, you will gain .0102 (typically) 1.0-.02^40 =1 So that means you have a 100% chance of winning, so that means my math is wrong if someone would like to try to correct it. Cause you have a 2% chance of losing for 40times. Would it be that you have a 80% chance of losing over those 40 times?
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adzino
Copper Member
Hero Member
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www.Crypto.Games: Multiple coins, multiple games
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January 11, 2017, 03:12:59 PM |
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Deposit bonus has a huge wager requirements which is almost impossible to achieve. In most cases you end up losing all the money you deposit which is actually highly likely to happen. All those offer the casino gives are just to attract your attention and make you deposit. Giveaways with no string attached are much better imo.
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