Comments on deposit bonuses

[jongchan4256]

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?

[avikz]

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??

[jongchan4256]

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.

[rachman mahesa]

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?

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.

[swogerino]

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.

[Lakai01]

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.

[playboy654]

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?

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.

[bittraffic]

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.

[partysaurus]

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?

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.

[bering]

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

[numanoid]

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

[omonuyak]

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.

[panjul07]

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?

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.

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

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.

[JohnBitCo]

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?

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.

[crwth]

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.

[leowonderful]

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.

[batang_bitcoin]

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.

[carlfebz2]

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?

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.

[bitmover]

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

[harizen]

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?

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.