Comments on deposit bonuses

[dunfida]

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.

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.

[STT]

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??

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

[nakamura12]

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.

[milewilda]

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.

[shield132]

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.

[whirlcoin]

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?

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.

[numanoid]

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.

[tippytoes]

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??

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.

[Shinpako09]

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??

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.

[Ryker1]

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.

[jongchan4256]

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.

I agree.

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??

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.

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

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.

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

[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?

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.

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

[jongchan4256]

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

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

[Dreamchaser21]

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?

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.

[Vaculin]

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.

[shoreno]

Well, it is regulation so the users will not be able to abuse the deposit bonus

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  .

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.

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  .

[mich]

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 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.

[Caladonian]

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.

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.

[Reid]

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.

[emmybd]

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.