carlisle1
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December 23, 2022, 10:45:16 PM |
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Lots of casino giving bonus in different form such as free spin, free bet and bonus deposit but some of applies wagering requirements which is very hard to complete without losing money greater than bonus that you acquired. I know that wagering requirements is calculated by the casino so that can't go bankrupt by abusing this bonus.
I follow Duelbits Christmas giveaway since day one and I still can't find the challenge that I know that I can win.
Does completing bonus is still possible and profitable or it's just like chasing the wind?
Bonuses are marketing strategy to attract both new and potential users into using a casino. And before answering your question. Have you ever seen any free thing that is worth it? Because if it was worth it, everybody by today would have had it all, but since it's not worth it that's why it's called bonus (i.e free). Casino bonus is meant to boast the staking odds of a regular or new casino user, and not what you could think you could use alone to rob a casino of it's funds. But sometimes it will be beneficial, maybe when you have a good rank in that particular Casino? bonuses will be overflowing since you are one of those good players and frequent gambler it will be depend on the situation as always so we cannot close the fact that bonuses are just for marketing because it will be a win win scenario for the both parties The more bonus it will be the better since it can really attract people and will make some to stay or to shift from another. Another good purpose of bonuses and additional perks is to reach those gamblers who are playing using other platforms if they see that the site are offering better bonuses they might be engaged and start using it. Though I agree with what you said, depends on your rank and how you really enjoy your stay with the site, chasing for bonuses as addition to your enjoyment, may count. All in all, experienced and the amount that you will get from the offer bonus may depend on your take.
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boyptc
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December 23, 2022, 11:04:26 PM |
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Is the casino bonus worth it? Worth it. It's done to attract attention and increase member interest. For members who are active at one of the casinos and don't want to complete it, I don't think it's a problem. But we are also not wrong to complete or participate in it. Like the answer of every participant here, it all depends on you whether you want to complete the bonus or not and for me it's the right answer.
If you have the goal to complete it, there is no problem but I agree to you that whoever doesn't want to complete it, that's also okay. We always consider that (to attract attention and increase member interest) on every bonus offer at every casino and if we want to complete the bonus it's better as long as we can. If you can complete it, yes that's much better but just have fun and see the difference of able to enjoy without thinking of the completion of bonus and the opposite of it. There's no need to think of things for you to complicate it, just do it if you think it's necessary and you'll be satisfied of it or not.
Whether you're up for it and that's your only goal at most times, that's totally okay and not really a problem as long as you afford it.
This is the most reasonable attitude because playing in a casino is an activity just for fun as in welcoming the new year. If the curiosity about the bonus settlement offered is really challenging, don't make it silent, the best advice from us is to give it a try just in case you get lucky. We all knew where we're coming from if we step or start to gamble. It's your money, your rules and your reason to be there. So, basically you can do anything that you want as you wish if you want to get those bonuses or not.
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wxa7115
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December 24, 2022, 06:12:30 AM |
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Bonuses are marketing strategy to attract both new and potential users into using a casino. And before answering your question. Have you ever seen any free thing that is worth it? Because if it was worth it, everybody by today would have had it all, but since it's not worth it that's why it's called bonus (i.e free). Casino bonus is meant to boast the staking odds of a regular or new casino user, and not what you could think you could use alone to rob a casino of it's funds.
But sometimes it will be beneficial, maybe when you have a good rank in that particular Casino? bonuses will be overflowing since you are one of those good players and frequent gambler it will be depend on the situation as always so we cannot close the fact that bonuses are just for marketing because it will be a win win scenario for the both parties The more bonus it will be the better since it can really attract people and will make some to stay or to shift from another. At the end this is a decision that each gambler needs to answer on their own, when I gamble since I prioritize my fun over anything else even if I get a good bonus I may not use it, as I could not feel like gambling at the time or I have something else to do at that moment. Now I know that not everyone has the same posture and that is fine, if someone wants to make the most out of the bonuses they can receive from their favorite casino they can do that too, since using bonuses on that way can help you to gamble for longer periods of time while at the same time it minimizes your losses as well.
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coinerer
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December 24, 2022, 10:30:13 AM |
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If we see the bonus requirement as quite easy or with a bit of effort, we can possibly achieve it, then it's not wrong to give it a try. But remember that since it's a marketing strategy, expect that we might end up depositing more money just to reach the requirements. Sometimes players become lazy in the middle of completing the said requirements and ended up giving up.
A deposit bonus entices a gambler to make repeated deposits on the site, be it small or large amount . And free spins draw gamblers to that site again and again and compel them to continue gambling on that site . Everything is the marketing model and strategy of that site . These strategies are followed by every site until they get huge amount of gamblers for their site but when they become a big company they stop these strategies. And then they automatically acquire new users according to their company's brand value Of course, such promotions and offered free spins are obviously a way of attracting new users that's why gambling sites try to make it unique as possible since competition between gambling sites is really tough, and the best marketing promotion will be the one that would be noticed. As for reaching the wagering requirements, it's really necessary to deposit more in order to achieve it. Gambling sites won't obviously give free money without an associated task as that promotion will be prone to abuse and cheating.Not just gambling sites. No one wastes money for all types of business. Businessmen always spend money to perform a particular task. And they close those free tasks after achive their potential profits. Gambling sites offer free spins and other incentives for this. this is only truth
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KTChampions
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December 24, 2022, 02:27:12 PM |
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Depends on how close user is to next Vip rank, sometimes it worth chasing next rank. My Stake account was plat 4 and chasing plat 5 rank costed me around $2k but the reward is $3200 so it was right decision in my case. For lower ranks it doesn't worth and I prefer to be in profit rather than chasing Vip level up bonus.
Wow, nice! In this case, spending (or rather, wagering) is definitely worth it, because even if we assume the maximum failure and loss of 2k, the reward is still greater (or I misunderstood and -2k is the result, and wagering was much more?). By the way, do you remember the total wagering you made to reach this level? I mean from zero.
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BitcoinAccepted
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December 24, 2022, 04:40:54 PM |
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If you have an honest casino with a reputable status, it is definitely worth considering using a bonus. Be careful with a bonus that you only get with a certain deposit, since you then have to unlock this bonus and that turns out to be very difficult in practice. There can be huge conditions to clear the bonus. You also have a cashback bonus. There are normally no conditions attached to this, but the moment you get them you have already lost a considerable amount in the casino. That is more of a plaster on the wounds that have arisen. And I think the most important thing is to keep a close eye on the terms and conditions.
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panjul07
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December 24, 2022, 05:17:29 PM |
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Depends on how close user is to next Vip rank, sometimes it worth chasing next rank. My Stake account was plat 4 and chasing plat 5 rank costed me around $2k but the reward is $3200 so it was right decision in my case. For lower ranks it doesn't worth and I prefer to be in profit rather than chasing Vip level up bonus.
Wow, nice! In this case, spending (or rather, wagering) is definitely worth it, because even if we assume the maximum failure and loss of 2k, the reward is still greater (or I misunderstood and -2k is the result, and wagering was much more?). By the way, do you remember the total wagering you made to reach this level? I mean from zero. The information about how much any Stake players to reach each level is available to be read here: https://help.stake.com/en/articles/4974712-how-to-calculate-your-vip-progress but let me quote it for you to make it easier: Bronze - $10k Silver - $50k Gold - $100k Platinum 1 - $250k Platinum 2 - $500k Platinum 3 - $1 million Platinum 4 - $2.5 million Platinum 5 - $5 million Platinum 6 - $10 million Diamond 1 - $25 million Diamond 2 = $50 million Diamond 3 = $100 million Diamond 4 = $250 million Diamond 5 = $500 million As he is now on Platinum V, means that he has wagered at least $5 million to reach his current VIP level. For low bankroll gambler like me, wagering $5 million is so huge amount absolutely but I'm going to this level now and 90% remaining to reach Platinum V lol which means that I still need to wager 90%*$2.5 million (please calculate yourself ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) ) Of course it is not wise to chase any level just for the level up bonus, we should play as what like only and enjoy our progress then take the level up bonus as a surprise side bonus. Seleme is correct, the right time to chase the next level is when we are getting closed to the next level, maybe no more than 10% remaining of the progress.
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darkangel11
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December 24, 2022, 06:28:05 PM |
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Depends on how close user is to next Vip rank, sometimes it worth chasing next rank. My Stake account was plat 4 and chasing plat 5 rank costed me around $2k but the reward is $3200 so it was right decision in my case. For lower ranks it doesn't worth and I prefer to be in profit rather than chasing Vip level up bonus.
But to know if it was worth it you'd have to sum up all the cost of getting previous ranks. If you got 3.2k for rank 5 it looks good, but if you add that getting from 1 to 4 made you lose more money than you got from the bonus it doesn't look that tempting anymore. As it was said, if you had to wager 5 million to get that bonus, it's already like nothing. 3k has almost no value for someone who deals in millions. Even if you were spending less than 2 mill a year there and it took you 2 and a half years to get there, gambling with something like 1.5 million USD a year is considered an extreme high roller. You're probably in 0.1% of gamblers! From my experience, it usually isn't worth it, but there can be some extreme cases. You have to do the math every time and keep having fun playing instead of chasing wins, points, ranks and bonuses. They're there to keep you occupied and introduce new inputs that make you lose focus. With how much you've spent I'm pretty sure you weren't thinking about that bonus when you were doing it ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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iv4n
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December 24, 2022, 08:43:52 PM |
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... Does completing bonus is still possible and profitable or it's just like chasing the wind?
Depends on the bonus type I guess, there are different types of bonuses. But in the end, it's like chasing a wind, if you get lucky (with some big wins) you will catch a nice wind that can take you high, and if you are not so lucky (wich happens more often in gambling) you will just lose. ... From my experience, it usually isn't worth it, but there can be some extreme cases. You have to do the math every time and keep having fun playing instead of chasing wins, points, ranks and bonuses. They're there to keep you occupied and introduce new inputs that make you lose focus. With how much you've spent I'm pretty sure you weren't thinking about that bonus when you were doing it ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) But we are playing for wins, points, ranks, higher levels, and bonus drops of any kind. All that makes playing even more interesting. Of course, winning something more doesn't happen to everyone, it's why most of the time bonuses don't worth the money we spent, but it's gambling...
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beerlover
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December 24, 2022, 09:31:14 PM |
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Of course, such promotions and offered free spins are obviously a way of attracting new users that's why gambling sites try to make it unique as possible since competition between gambling sites is really tough, and the best marketing promotion will be the one that would be noticed.
As for reaching the wagering requirements, it's really necessary to deposit more in order to achieve it.
Gambling sites won't obviously give free money without an associated task as that promotion will be prone to abuse and cheating.
Not just gambling sites. No one wastes money for all types of business. Businessmen always spend money to perform a particular task. And they close those free tasks after achive their potential profits. Gambling sites offer free spins and other incentives for this. this is only truth Why would they? I mean the purpose of a casino is to make sure that you end up gambling with it, and a purpose of any business is to make a profit. If they give you money where you can just withdraw then it wouldn't make any sense at all. I am guessing that it's not going to be as simple as just wanting some part of it, obviously everyone would want to have something that would work great for them in the long run and casinos just want to give something to you while not giving anything to you at the same time to attract you to their casino. They will give you a welcome bonus with 40x rollover bonus so you would get nothing, but you would at least deposit and lose money that way.
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harizen
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December 24, 2022, 09:41:24 PM |
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For the most part, these bonuses are really there as a way for a user to have extra money to try out the games. A very good portion of the time, a player will not be able to complete the terms without a redeposit. I have completed a few bonus offers, but it's never been easy.
Agree with. It's somehow impossible to think that we can meet the eligibility without doing several deposits. If efforts have already been made and lots of deposits have already been made, it just makes sense for a user to just continue depositing to reach the bonus requirements. Users really have to put a serious dedication if they really wanted to get that bonus. It's really important for users to truly understand all the mechanics of the bonus requirements. Expect that some terms are really hard to comply with.
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seleme
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December 24, 2022, 09:57:06 PM Last edit: December 26, 2022, 10:01:46 PM by seleme |
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For the most part, these bonuses are really there as a way for a user to have extra money to try out the games. A very good portion of the time, a player will not be able to complete the terms without a redeposit. I have completed a few bonus offers, but it's never been easy.
Agree with. It's somehow impossible to think that we can meet the eligibility without doing several deposits. If efforts have already been made and lots of deposits have already been made, it just makes sense for a user to just continue depositing to reach the bonus requirements. Users really have to put a serious dedication if they really wanted to get that bonus. It's really important for users to truly understand all the mechanics of the bonus requirements. Expect that some terms are really hard to comply with. Sometimes it worth chasing but such rare cases are user is close to next level less than 3%. I have personally done it before because the reward worth much more than sum of deposits I made to make it even if bad luck takes away my deposits. In reality, I don't suggest anyone doing it since it can be very bad idea if things don't work in your favor. Now make a math before depositing and play house games with lower house edge to lose less during wager.
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serjent05
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December 24, 2022, 09:59:37 PM |
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For the most part, these bonuses are really there as a way for a user to have extra money to try out the games. A very good portion of the time, a player will not be able to complete the terms without a redeposit. I have completed a few bonus offers, but it's never been easy.
Also, the bonus is another way to have extra funds to rank up in the casino VIP system. Since VIP ranking is very important, especially to those who are serious to gamble in a casino due to perks and bonuses available on the higher VIP rankings. If we think to bag the bonus with xtimes of wagering requirement then I think we will not be happy with the result because more often than not, we cannot fulfill that wagering requirement but if we aim to hit higher VIP ranks, any extra amount for wagering is helpful.
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yahoo62278
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December 24, 2022, 09:59:52 PM |
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For the most part, these bonuses are really there as a way for a user to have extra money to try out the games. A very good portion of the time, a player will not be able to complete the terms without a redeposit. I have completed a few bonus offers, but it's never been easy.
Agree with. It's somehow impossible to think that we can meet the eligibility without doing several deposits. If efforts have already been made and lots of deposits have already been made, it just makes sense for a user to just continue depositing to reach the bonus requirements. Users really have to put a serious dedication if they really wanted to get that bonus. It's really important for users to truly understand all the mechanics of the bonus requirements. Expect that some terms are really hard to comply with. Sometimes it worth chasing but such rare cases are user is close to next level less than 3%. I have personally done it before because the reward worth much more than sum of deposits I made to make it even if bad luck takes away my deposits. In reality, I don't suggest anyone doing it since it can be very bad idea if things don't work in your favor. I think what makes a bonus terrible is limiting the amount I can win. It's usually already nearly impossible to beat, but if by some miracle I am going to beat it I like to be able to win more than a few bucks. Getting to 3% away would only piss me off BTW.
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goinmerry
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December 24, 2022, 10:07:41 PM |
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Sometimes it worth chasing but such rare cases are user is close to next level less than 3%. I have personally done it before because the reward worth much more than sum of deposits I made to make it even if bad luck takes away my deposits. In reality, I don't suggest anyone doing it since it can be very bad idea if things don't work in your favor.
Meeting such levels isn't that simple but not that we can say that level of difficulty is really too extreme. If the overall progress to the next level is around 3% then it's clear that the user didn't do much effort and spending. As you said, it's a rare case that's why don't expect to meet such terrible requirements in most cases in any bonus-related promotions.
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blockman
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December 24, 2022, 10:13:54 PM |
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If you have an honest casino with a reputable status, it is definitely worth considering using a bonus. Be careful with a bonus that you only get with a certain deposit, since you then have to unlock this bonus and that turns out to be very difficult in practice. There can be huge conditions to clear the bonus. You also have a cashback bonus. There are normally no conditions attached to this, but the moment you get them you have already lost a considerable amount in the casino. That is more of a plaster on the wounds that have arisen. And I think the most important thing is to keep a close eye on the terms and conditions.
That's one condition in most bonuses, there's a need to unlock it and it will be based on how much you'll be wagering and the required amount for you to have it. Reputable casinos have no problems with this and you can count on them but to those that have been just new and not yet known, there's a tendency that they might not release it even if you're eligible.
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BitcoinPanther
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December 24, 2022, 10:21:49 PM |
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I think what makes a bonus terrible is limiting the amount I can win. It's usually already nearly impossible to beat, but if by some miracle I am going to beat it I like to be able to win more than a few bucks.
Getting to 3% away would only piss me off BTW.
I feel you considering the bonus amount is somewhere around $100 and you are able to withdraw at most $10 or less due to the wagering requirement eats almost all the bonus money. It is such a waste of time and possibly cause of frustration which is not beneficial at the end.
Casino bonuses worth it if the bonus does not require wagering. There are casino promotions that does not have any wagering requirement so I think we should always check the mechanics of any promotions and bonuses the casino offers so that we can avoid the ones that we think will give us headaches and frustrations.
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agustina2
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December 24, 2022, 11:24:01 PM |
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For a user that is a regular user on that site, there's no need to chase level but just gamble on usual. Not even to the point that we should think about reaching those levels. It's not also a usual bonus but that was a LOYALTY REWARD for playing on that site regularly. It's an advantage for regular players on that site as every bets count as their progress and they just need to continue playing there at their usual. With continued playing, they might not realize that they are already close on such levels even if they are not really targeting that levels.
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STT
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December 24, 2022, 11:25:58 PM |
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Chasing implies you dont perhaps intend to bet, if you were going to bet anyway then its quite fair to claim the bonus. If you bet almost reluctantly then perhaps its not the ideal betting strategy you employ, if depends how comfortable you are when playing I think as to how your luck might also proceed. Claiming a bonus is just like a offer to shop you might get when going shopping, dont buy what you dont want as they wont be a bargain. If you get my reasoning on that level I think you know what I mean, its like a cashback but you have to be wanting to play anyway imo dont expect a bonus to right every wrong or change the luck especially, its just some cashback in effect for bothering to play there.
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coinerer
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December 25, 2022, 11:20:46 AM |
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Of course, such promotions and offered free spins are obviously a way of attracting new users that's why gambling sites try to make it unique as possible since competition between gambling sites is really tough, and the best marketing promotion will be the one that would be noticed.
As for reaching the wagering requirements, it's really necessary to deposit more in order to achieve it.
Gambling sites won't obviously give free money without an associated task as that promotion will be prone to abuse and cheating.
Not just gambling sites. No one wastes money for all types of business. Businessmen always spend money to perform a particular task. And they close those free tasks after achive their potential profits. Gambling sites offer free spins and other incentives for this. this is only truth Why would they? I mean the purpose of a casino is to make sure that you end up gambling with it, and a purpose of any business is to make a profit. If they give you money where you can just withdraw then it wouldn't make any sense at all. I am guessing that it's not going to be as simple as just wanting some part of it, obviously everyone would want to have something that would work great for them in the long run and casinos just want to give something to you while not giving anything to you at the same time to attract you to their casino. They will give you a welcome bonus with 40x rollover bonus so you would get nothing, but you would at least deposit and lose money that way. Casino sites offer a variety of offers in addition to a marketing strategy to compete with other casinos. Because now almost all casinos are giving different types of bonuses so if a new site is not willing to give bonuses then no one will want to use their casino site. So to keep up and compete with other casinos almost all casinos offer many attractive offers and bonuses at the beginning.
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