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

[Finebone]

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.

This is my primary concern about bonuses this days, because the clause or wagering conditions it usually comes with makes it unappealing and impossible for you not to be at the losing end after everything. When I register in a new casino, I don't pay any attention to bonuses, because I have come to understand that it is a trap this casino uses to entice gamblers to gamble above their limits, unless the bonus comes with a lower wagering conditions like 2-5x,  so anything more than that is too dangerous, since I only want to gamble on my own terms, when I feel like, without being compel to do so because of one useless bonus that may expose me to addiction.

[Elainebue]

5% cashback sounds way better than a 200% bonus with 40x wagering, at least the value is actually yours

[BigTarget]

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.

There is a word in English that is not used a lot, which is called "goading"; it means deliberately provoking someone to do something. And the entire premise of bitcoin casinos is goading the gambler to lose more. So if you do a $ 100 bonus sign-up, the entire marketing is "even if I gave you another 100 bucks on top of your 100 deposit, you will still lose all 200, wanna bet?" and the gambler takes that bet and loses it. If you do 5% back, that is not the same; it is "we are sorry that you lost", and it is not the same way.

Sure, that is a nicer bonus and a better return for the gambler, but it is not making them gamble more. Remember, casinos make money when there is a lot of wagering going on. Having 1 person gambling 10 million a day is still better than 1000 people betting 10 dollars a day. So the idea for marketing is to make sure that you guide your players to keep on losing money, make them want to bet more, and offer them something that will make them want to make a bet.

[YOSHIE]

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

When you talk about the phenomenon surrounding online gambling bonuses, I immediately think of the bonus system becoming increasingly strict due to regulations and algorithms and advanced technology used by the online gambling industry such as artificial intelligence (AI), with these two systems it is enough to make the bonus system maintain its profits for the online casino, in fact online bookies can use AI algorithms to track player activity, so that no bonuses can be manipulated or multi-account.

In addition to increasingly strict and complicated rules and conditions, bookies often set unreasonable betting requirements, We often see players simply turning over bonus funds many times over before they can be withdrawn, this is deliberately designed to make it difficult for players to win, nothing is free in this world.

[Z_MBFM]

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?

Deposit bonuses are not for everyone. For those who can meet the wagering requirements or those who just want to gamble for a long time and enjoy the moment, such high wagering is not a problem. They only look for big deposit bonuses and when a platform gives 200-300% deposit bonus, they enjoy it. But if your intention is to profit from it and cash out the bonus money, then such high wagering requirements are not for you and you should never accept such a thing. Rakeback & Cashback are very small amounts. And they depend on Betting Activity, Loss and Casino Revenue, so this is also not a good offer. So use gambling only for entertainment.

[Pandu Geddon]

This is my primary concern about bonuses this days, because the clause or wagering conditions it usually comes with makes it unappealing and impossible for you not to be at the losing end after everything. When I register in a new casino, I don't pay any attention to bonuses, because I have come to understand that it is a trap this casino uses to entice gamblers to gamble above their limits, unless the bonus comes with a lower wagering conditions like 2-5x,  so anything more than that is too dangerous, since I only want to gamble on my own terms, when I feel like, without being compel to do so because of one useless bonus that may expose me to addiction.

Weekly or monthly bonuses are more appealing to me than a big bonus with very difficult wagering requirements. Some gamblers may still be interested in welcome bonuses that offer a large amount. They just need to pay closer attention to the terms.
Ignoring such bonuses when registering and trying a new casino is also my choice. Unless there is a welcome bonus specifically given to try out the casino. The amount is certainly not large, but for trying out a casino I think it is not a problem as long as it is not burdened by high wagering requirements.

[hedgeh0g]

Weekly or monthly bonuses are more appealing to me than a big bonus with very difficult wagering requirements. Some gamblers may still be interested in welcome bonuses that offer a large amount. They just need to pay closer attention to the terms.
Ignoring such bonuses when registering and trying a new casino is also my choice. Unless there is a welcome bonus specifically given to try out the casino. The amount is certainly not large, but for trying out a casino I think it is not a problem as long as it is not burdened by high wagering requirements.

Out of long-standing habit, I always try to claim bonuses after all, why turn one down when it’s so easy to get? Even if there’s a high wagering requirement, that doesn’t mean I’ll necessarily push to meet it. Of course, many players will try to clear it, which is exactly what the casino wants, as that’s how they make a profit. I think players need to decide for themselves whether they actually want the bonus, or if it’s better to just play for fun without any added pressure simply to relax after work.

[Iranus]

would you rather take a 200% bonus with 40x wagering or 5% cashback you can actually withdraw?

When 40x wagering requirement is attached to 200% bonus, you should realize that you are essentially giving that casino a license to take your money for free.
Given total turnover you are required to generate based on sum of your own deposit and bonus fund, house edge will in long run inevitably consume your money. There’s no benefit to this at all. it’s entirely a casino marketing gimmick. So I always avoid such type of casino.

On the other hand casino that offer cashback or rakeback are something like pure gold. Whether you win or lose, portion of platform's house edge is returned to your wallet as real cash. There are no locked balance, no hidden term and you can withdraw your fund whenever you like.

[giammangiato]

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

Bonuses have always been designed to be a pretext, to build player loyalty.
At first, bonuses were easier to use, and clever users used this opportunity and used it in an overly opportunistic way, "in some cases" even damaging the casino.
Over time, they have figured out how to refine the bonus, making it attractive in a limited way. In fact, when a casino offers a very favorable bonus, it often presents itself as a rip-off, with various constraints in the event of a win or, in the worst case, a scam.
Taking advantage of bonuses can be useful (in my case I even won $20 with a 0.05 cent bonus) but still the probability of this happening is really very low.
Take advantage of bonuses as much as possible, play responsibly but don't fall for the trap.

[danadc]

I will prefer the 5% cashback than a ridiculous percentage in bonus that has a high wagering requirement before I can claim it.

That's the most logical thing to do, but we have to start from the premise that casinos don't have the right or obligation to give free, withdrawable bonuses to everyone, because that's giving away money. Casinos don't give away money. In a casino, we take risks to win, but when we take risks, we can also lose, and that's what we have to consider. We can't assume that every bonus should be easy for a casino to give out just like that.

I'm not a 40x player, but since I'm not that type of player, I don't take it and I play with my own money without taking anything. If I want to take it, it's because I want to take on that adventure without regrets.

[free-bit.co.in]

would you rather take a 200% bonus with 40x wagering or 5% cashback you can actually withdraw?

Suppose I deposit $100 and receive additional $200 as 200% bonus. If 40x wagering requirement applies only to bonus amount then I would need to wager $8k.v And if requirement applies to both  deposit and bonus, that would come to $12k! In process of completing such large turnover, I could end up losing more money than bonus itself.

However, cashback and rakeback are not the same thing. Rakeback usually depend on wagering volume. And in many case, cashback is calculated based on net loss.

But whatever, personally I would prefer 5% cashback or decent rakeback over 200% bonus.

[Perfectbaby]

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

5% is always the best because I can't even hope on what I am not sure of because that percentage is actually higher than expected.
Cashback that I can actually have access to is always the best, because most time you would be trying to meet up your wagering requirements, thus this would always make you to keep spending at all time just to make sure you meet the requirements.
Most casinos usually get people entangled in a particular spots at the expense of trying to make you enjoy the game.

[decodx]

I still remember my early days in online gambling well. Back then, I spent a long time hunting for every signup perk I could find... And man I learned my lesson the hard way. killed off my bankroll on these insane wagering requirements just to get a pretty number on screen. Never again.

As goldkingcoiner already mentioned bonuses are a marketing tactic to attract new players. I do not even pay attention to them anymore so I am not sure if the terms have gotten worse or not. Meeting those wagering requirements has always been a mission impossible.

Give me the 5% cashback any day tbvh. It's not a even debate, at this point.

Cashback, in my opinion, is also a bad option... Cashback is paid only on your net losses. No cashback is paid on winnings. And I prefer winning, not losing.🙋

You know a lot of these commenters don't even understand how cashbacks work. They think they stand a chance to get rewarded when they make a deposit but, perhaps on a much lower scale.

What do you mean, I don't understand how cashback works? I've been grinding these sites for years and you're missing the whole point. Sure, smartprofit is right that it's technically based on losses... but did I ever mention anything about making a deposit? I don't think so, and I have no idea how you came to that conclusion.

[DanielBaker]

Deposit bonuses are not for everyone. For those who can meet the wagering requirements or those who just want to gamble for a long time and enjoy the moment, such high wagering is not a problem. They only look for big deposit bonuses and when a platform gives 200-300% deposit bonus, they enjoy it. But if your intention is to profit from it and cash out the bonus money, then such high wagering requirements are not for you and you should never accept such a thing. Rakeback & Cashback are very small amounts. And they depend on Betting Activity, Loss and Casino Revenue, so this is also not a good offer. So use gambling only for entertainment.

Yeah, I think that's the real problem. When you watch your balance double or triple the thought of walking away with that profit you mentioned can turn into the goal even if it wasn't one at the start.

To me bonuses and cashback are basically the same thing anyway. No bonuses means no wagering requirements and then you can just play and relax. Sure a casino like that probably makes less money but we're not here to make them rich. We're here to have some fun.

[Yorubek]

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?

It is a strategy of the casino to fulfill the conditions of the bonus and withdraw the bonus money. This is completely a strategy of the casino so that you get very excited to withdraw the money as soon as you get the bonus and gamble aggressively to fulfill the conditions. Finally, when you are not able to fulfill the conditions, you will lose financially and the casino will profit. The casino always wants you to gamble for a long time, become emotional, bet more and face losses, this is what the casino will present to you in such a way that you will not be able to control your greed and gamble and face losses.

Honestly, I am not aggressive about getting bonuses. I usually gamble what I can afford to lose, I don't want to face big losses while fulfilling the bonus conditions.

[Cityhunter34]

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

A gambler doesn't need to think twice about this question, because it makes no sense when you go something that you know too well that would give you problems at the end of the day. 5% cashback is pretty good go for because you wouldn't have to worry about any requirements at all; you would gambling with a free mind and enjoy the game without any second thoughts about it.

Honestly, gamblers shouldn't rely heavily on bonuses. No matter small the requirement is, you should try as much as possible to gamble with your own money, because most times we often get carried away by bonuses and end up regretting it in the end.

[r_victory]

I've already expressed my opinion regarding bonuses and promotions. I don't usually pay much attention to them, as my betting habits don't allow me to meet the wagering requirements most of the time. Those who can take advantage of them do, but I believe that if the uptake and claiming of such bonuses decreases, casinos will start to review their policies for granting these "benefits".

[Sandra_hakeem]

I still remember my early days in online gambling well. Back then, I spent a long time hunting for every signup perk I could find... And man I learned my lesson the hard way. killed off my bankroll on these insane wagering requirements just to get a pretty number on screen. Never again.
As goldkingcoiner already mentioned bonuses are a marketing tactic to attract new players. I do not even pay attention to them anymore so I am not sure if the terms have gotten worse or not. Meeting those wagering requirements has always been a mission impossible.

Give me the 5% cashback any day tbvh. It's not a even debate, at this point.

Cashback, in my opinion, is also a bad option... Cashback is paid only on your net losses. No cashback is paid on winnings. And I prefer winning, not losing.🙋

You know a lot of these commenters don't even understand how cashbacks work. They think they stand a chance to get rewarded when they make a deposit but, perhaps on a much lower scale.

What do you mean, I don't understand how cashback works? I've been grinding these sites for years and you're missing the whole point. Sure, smartprofit is right that it's technically based on losses... but did I ever mention anything about making a deposit? I don't think so, and I have no idea how you came to that conclusion.

Relax buddy, I didn't even mention your name so how did you end up taking it personal? That was a shared quote and, from the comments I've read on this thread so far, I was only being honest with the situation of things. You have been around this forum for quite sometime now and you should know that if I ever wanted to call out a user, I'd say your name plain and simple. If someone made a post asking if it was right to chase ranks in a casino, I wouldn't be surprised if we get to see another thread asking if it's appropriate to just be a gambler or try to chase cashbacks?  Exactly...!! It's not supposed to make sense  

[Yablee0]

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. Personally I stopped using this bonus because the conditions that is applied to those bonus is way too much for me and there's no way I can meet up those requirements without losing that is why I prefer gambling with my own personal cash than to waste my time in chasing after bonus.

Is no longer a news that most of all these bonuses are trap in disguise and it takes only a careful gambler and with zero greed to notice this deadly trap that can cause you more harm in no time. Personally I don't fancy attractive bonuses because I know that there is more to it that you wouldn't notice till the time of withdrawal which I do well to avoid. However, going for a 5% Cashback with zero stress is worth more than a 300% bonus that will probably turn into a nightmare. However, the rule is pretty clear, once the offer look too good then you just need to be careful for not all that glitters are gold.

But if you most go for fat bonus as a gambler, then bear it in mind that you're at your own risk because not all are honest. The main plan is to get your attention first and later stripped you off your funds. Wise gambler always understand every language as not to be a victim.

[nara1892]

Many gamblers complain about this bonus because its requirements are impossible to meet, but it really comes down to personal choice  You’re free to click the bonus button or not when filling out the deposit form. I understand that there are always some people who carelessly click the bonus feature without reading the terms and conditions, but on the other hand, I don’t think this is entirely bad. For me, this is a situation where the casino gives me the opportunity to gamble with a higher multiplier by using the large bonus they offer, and if, for example, you’re lucky, it’s not impossible to meet those requirements.