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Author Topic: Are bonuses getting worse or players just get harder to fool?  (Read 553 times)
Hispo
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Today at 12:25:31 AM
 #41

...

Here is the "2 pills question": would you rather take a 200% bonus with 40x wagering or 5% cashback you can actually withdraw?

I think I would perfect to have access to the Cashback instead of trying my luck with that bonus. When it comes to bonuses, I mostly consider money getting used to claim bonuses is basically lost money, from the very money we decide to claim the bonus.

That is how it is designed so statistically the casino manages to make money with those bonuses, the whole idea is keeping the percentage of winning gamblers minimal.

At least with Cashback there are not so many string attracted to one's money, it is simpler and more straight forward.

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Today at 12:45:07 AM
 #42

Been looking at how some projects approach rewards and honestly i'm starting to question the whole bonus model wth

Whats even the point of a huuge 300% bonus if you gotta recycle your balance 40 times before you can withdraw anything? And heres what i dont get... we willingly accept bonuses that basically lock our money behind a bunch of conditions nobody reads.

Give me some decent rakeback or actual cashback over a locked balance with a fancy number attached to it!

Here is the "2 pills question": would you rather take a 200% bonus with 40x wagering or 5% cashback you can actually withdraw?

Honestly, if I doubt that any player is interested in taking a 40x wagering bonus? I had a thread collecting all casinos that are required more than 3x wagering just for the withdrawal after a deposit, and I was against it as everyone else. I think it’s not logical for a bonus to go above 40x requirement, especially when the amount is low or worse, some bonuses are requiring a real money deposit to unlock it.

I prefer a very small instant cashback without any requirements, because it can be a good tip for gamblers who deposits high balances and left with nothing. In that case, bonuses that are impossible to take advantage of, are just a waste of time and actually disturbing players.

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Today at 12:50:57 AM
 #43

I'd say both, but more on bonuses getting worse because casinos would frequently update their bonuses if they see a lot of people still winning despite the tough requirements.

Here is the "2 pills question": would you rather take a 200% bonus with 40x wagering or 5% cashback you can actually withdraw?
I'll always take the cashback over the deposit bonus. I can't see myself taking the deposit bonus again when the success rate of clearing it is very low. The cashback isn't much better, but at least it helps increase my bankroll for my next deposit.

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Today at 07:24:47 AM
 #44

The answer is simple and I don't think that anyone would love to worn himself out playing for a very long time because of huge bonus with a very high wager requirement. I will go for 5% cashback that I can withdraw. However, some greedy gamblers will go for 300% bonus because their instinct tells them they can end up making profit.
A lot of gamblers don't think this way and it's end up affecting them in the long run, I would also go for the cash back than going for a bonus that does not even guarantee making profit.

The problem is that most gamblers gets easily excited when they hear of a huge bonus offers, and because of that they became blind to the real danger of gambling in excess, just to meet up to the wagering conditions, so they only get to know about it when it's already late, or when they are in it already, because if greed or excitement does not be cloud their sense of reasoning, they will always go for 5% cashback that is less harmful, over a bonus offer that has a wagering conditions attached to it.

 
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Today at 08:08:53 AM
 #45

The answer is simple and I don't think that anyone would love to worn himself out playing for a very long time because of huge bonus with a very high wager requirement. I will go for 5% cashback that I can withdraw. However, some greedy gamblers will go for 300% bonus because their instinct tells them they can end up making profit.
A lot of gamblers don't think this way and it's end up affecting them in the long run, I would also go for the cash back than going for a bonus that does not even guarantee making profit.

The problem is that most gamblers gets easily excited when they hear of a huge bonus offers, and because of that they became blind to the real danger of gambling in excess, just to meet up to the wagering conditions, so they only get to know about it when it's already late, or when they are in it already, because if greed or excitement does not be cloud their sense of reasoning, they will always go for 5% cashback that is less harmful, over a bonus offer that has a wagering conditions attached to it.

These weekly and monthly bonuses have kept gamblers like slaves to casinos operating such bonuses. The deposit matching ones and their crazy wagering requirements have not tied gamblers like slaves in the way weekly and monthly bonuses do. Gamblers in my humble opinion are like drugged people when the monthly bonus hit in mid month or end of month in some other casinos. They don't realize the RTP inmediately changes after such bonus and all of them lose the monthly which is the biggest bonus in a very short amount of time so there is no real benefit from such bonus.


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Today at 08:11:18 AM
 #46

Been looking at how some projects approach rewards and honestly i'm starting to question the whole bonus model wth

Whats even the point of a huuge 300% bonus if you gotta recycle your balance 40 times before you can withdraw anything? And heres what i dont get... we willingly accept bonuses that basically lock our money behind a bunch of conditions nobody reads.

Give me some decent rakeback or actual cashback over a locked balance with a fancy number attached to it!

Here is the "2 pills question": would you rather take a 200% bonus with 40x wagering or 5% cashback you can actually withdraw?

How bad or tough those casino bonuses might look like don't forget that they don't force anyone to participate and also this is not about your own money for getting access to the bonuses, it's free and only comes with requirements, it's not compulsory to participate and as a gambler that I am I don't do gambling and start looking for bonuses, they are too frustrating for me so I always pretend as if I don't see them.

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Today at 08:24:57 AM
 #47

I wont be saying that players are harder to fool, I would rather say that players became used to bonuses. You cant surprise a player with bonus today. You cant surprise anyone anymore by promising hundred of percent bonus to balance. Casinos also can not change game rules and decrease or cancel any wagering requirement, because among thousand of competitor casinos they wont survive for long. Make 1x wagering requirement only, players would come and empty your balances and leave. Casinos cant create wagering requirement dumping just to get more or new clients, because gamblers will try cheating, it might increase number of addicted gamblers, they cant risk money.

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Today at 08:27:35 AM
 #48

Here is the "2 pills question": would you rather take a 200% bonus with 40x wagering or 5% cashback you can actually withdraw?

I personally don’t avail this bonus but I knew the reason behind why some users still avail it anyway.

Some gamblers avail those bonuses because they know that they can forfeit it anytime while still trying their luck to complete it while gambling naturally.

However, Casino bonus ToS is already adapting to this user behavior by forfeiting all the profits made while the bonus is active so user will just end up on breakeven in case they forfeited while in + bankroll.

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Today at 08:32:35 AM
 #49

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Are bonuses getting worse or players just get harder to fool?

It's definitely a combination of both... Years ago, it was easier to find a bonus with "normal terms. These days, except for high wagering requirements, casinos are adding maximum cashout caps, which is a totally unfair rule!  But players are wiser with the help of communities like ours...

It would be interesting to see how many people play with bonuses these days... but that's almost impossible.

Here is the "2 pills question": would you rather take a 200% bonus with 40x wagering or 5% cashback you can actually withdraw?

Well, I would take both... but only if 40x wagering is the only requirement! Give me the money & let me play all the games, and have all games contribute equally to the wagering requirements.

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Today at 08:32:57 AM
 #50

A higher bonus comes with lots of rules which some gamblers fail to read through the line before jumping into the game because of how attractive the bonus offer is, that does not necessarily make the case back the best option though but to avoid stories I just go for the cash back because I would not want to find myself stuck in a bonus offer that is quite draining. Normally whatever that is offered for free usually comes with lots of stress, because to get the bonus a person will need to work really hard to finally get it, that is even if a person is lucky with several attempts.

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Today at 08:43:50 AM
 #51

Casinos must rename bonus into something else because people still confuse bonus elsewhere (when you get something for free) and casino bonus (a risky challenge) Cheesy However, people should start understanding that casino or any other business, will never give you anything free of charge. If you are given something for free from any company, then it is just you dont get yet where they fooled you Cheesy

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Today at 08:48:44 AM
 #52

Some gamblers avail those bonuses because they know that they can forfeit it anytime while still trying their luck to complete it while gambling naturally.

However, Casino bonus ToS is already adapting to this user behavior by forfeiting all the profits made while the bonus is active so user will just end up on breakeven in case they forfeited while in + bankroll.

The decision by most users to walk away with what they have already gotten is just because of the unrealistic conditions these casinos keep to unlock all of it, because if it was easier, most gamblers wouldn't be thinking of forfeiting it along the way in their quest to unlock all the full bonus rewards. So this new harbit of forfeiting all the profit earn seems like a good strategy by the casino, but this action exposes the fact that they are not giving out all thesse bonuses from their mind, it's just a strategy to force we the gamblers to gamble more, since their is a fake reward for that.

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Today at 08:58:02 AM
 #53

Here is the "2 pills question": would you rather take a 200% bonus with 40x wagering or 5% cashback you can actually withdraw?

Some gamblers avail those bonuses because they know that they can forfeit it anytime while still trying their luck to complete it while gambling naturally.
Those who gamble on a daily basis get it easily because their goal is to make a profit and in this way they get bonuses. Other gamblers do not gamble much, they become greedy after seeing the bonuses, so they think that they should gamble and get bonuses because they think that they will not lose their money and will get a good bonus. And while doing so, they also lose their money and do not get bonuses in their luck. If the bonus is considered as luck, then it can definitely be obtained, if we get it as a goal, then we will lose money anyway. We should try to stay away from such thinking because gambling is always full of greed, that is why we get attracted.

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Today at 10:05:33 AM
 #54

5% cashback is certainly what every gamblers would go for since it doesn't have any terms or condition, sometimes I used to ask about this bonus they usually give; most people think the casino is doing well by giving out bonus to users but if you look at the conditions that is attached to each bonus giving to gamblers you will not be happy with it.
Bonuses are marketing strategy and those that have stayed in the gambling space will never choose it over 5% cashback. by the time you are done with their conditions, you end up loosing more while they are at more advantage than you. this is the reason why it is insane that someone will even consider using a casino basically because they have better bonus option. the reputation of a casino as well as the trust a player has on a casino should not be based on a promised bonus. far better indicators like easy you get your wins is far better than bonuses that comes with a lot of clauses.

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Today at 10:09:03 AM
 #55

Been looking at how some projects approach rewards and honestly i'm starting to question the whole bonus model wth

Whats even the point of a huuge 300% bonus if you gotta recycle your balance 40 times before you can withdraw anything? And heres what i dont get... we willingly accept bonuses that basically lock our money behind a bunch of conditions nobody reads.

Give me some decent rakeback or actual cashback over a locked balance with a fancy number attached to it!

Here is the "2 pills question": would you rather take a 200% bonus with 40x wagering or 5% cashback you can actually withdraw?
I'd prefer 5% cashback, of course Smiley
But someone who plays a lot can choose a 200% bonus with huge wagering requirements - they'll get it eventually, just later.

I mentioned this in another thread here. It feels like cheating when a casino gives you a bonus and, to get it, you have to spend extra money. At the same time, here's one piece of advice: don't change your playstyle just to get a bonus; don't play that game with the casino. If you can get a bonus while playing as usual - fine, that's a bonus. If you have to deposit money, make spins when you're mainly a bettor, etc - that's a casino trick, ignore it.

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Today at 10:50:35 AM
 #56

We are getting wiser.

I will take the rakeback without thinking twice. I don't really like the way online casinos are trying to make it hard for gamblers using the deposit bonus scheme. 40x. That's also the rule here in our local online casino, and I don't really take it because it will make you spend more time gambling, which could lead to more deposits and then probably gambling addiction if one were not able to control it.
Also, it's a mental game when you have a wager that you need to reach. It gets more stressful when you win and are not able to withdraw at all because you need to reach an amount that is almost unreachable.

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Today at 11:21:32 AM
 #57

Everyone here would obviously choose 5% cashback. But what casino would want to promote itself with a bonus like that? After all, casinos don't want to lose money. They have to think carefully before offering this kind of bonus because there have been many cases of gamblers exploiting cashback offers to make a profit.
That's why many casinos prefer to use 200% or 300% bonuses with 40x wagering requirements as part of their marketing strategy.

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Today at 11:32:08 AM
 #58

Been looking at how some projects approach rewards and honestly i'm starting to question the whole bonus model wth
Whats even the point of a huuge 300% bonus if you gotta recycle your balance 40 times before you can withdraw anything? And heres what i dont get... we willingly accept bonuses that basically lock our money behind a bunch of conditions nobody reads.
...

Bonuses have always been a marketing tactic but just like with every other product or service, the greed of corporations cannot ever be satiated. It only grows and grows. And the people who buy the service or product are the very ones who get screwed over. Whether by raising prices or by reducing quality for whatever reason. Nowadays things break because people are supposed to buy new things asap.
...
Yeah,  at first glance, a big bonus looks much more attractive, but once you take a closer look at the terms, it becomes clear that actually getting real money out of such an offer can be very difficult

Let's say you deposit $100 and get a 200% bonus, which gives you another $200. If the 40x wagering requirement applies only to the bonus, you'll have to place $8,000 worth of bets before you can withdraw your winnings. And if the wagering requirement applies to both your deposit and the bonus, that amount goes up to $12,000. And all of this while the casino has a mathematical advantage in every game.

But I still wouldn't say that absolutely all bonuses are useless these days. Sometimes you can find pretty reasonable offers with low wagering requirements of 1x–2x, no maximum withdrawal limits, and no other hidden conditions.


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Today at 12:01:42 PM
 #59

The casino understands the concept of giving bonuses, they expect people to gamble after getting the bonus because of the inherent mindset of gamblers to gamble when they get money all of a sudden into their hands, hoping they will make good deposits to increase the wager and in doing so end up losing it all.

Certain group of players will withdraw before they play, that leads to losses for the casino. Hence they have to come up from just giving cashback to this type of twisted things.

We all have to understand that the more we attempt to exploit the freebies, the more arm twisting the casinos will also do.

 
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Today at 12:11:03 PM
 #60

Here is the "2 pills question": would you rather take a 200% bonus with 40x wagering or 5% cashback you can actually withdraw?

Depends what the 40x applies to - 40x on the bonus only and 40x on deposit + bonus are two VERY different things. Also 5% cashback on what exactly? deposits? net losses? wagering volume?

Can't really pick a pill without knowing that stuff.
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