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Author Topic: Are no deposit bonuses more profitable for casinos than they are for players?  (Read 59 times)
casinosfyi (OP)
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Today at 06:45:56 AM
 #1

No deposit bonuses at gambling sites come with strict conditions that make withdrawing winnings nearly impossible. You get free money, but only in theory.

I feel like I always end up empty-handed.

To withdraw winnings from bonuses, casinos require me to wager an amount 30, 50, or even more times greater than the value of the bonus I received.

These bonuses usually come with a very short validity period. Trying to meet the requirements within such a short time led me to take excessive risks, which resulted in the rapid loss of my balance.

Even if I have met all the conditions and reached the withdrawal stage, the casinos require me to make a real-money deposit before I can withdraw.
crwth
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Today at 06:50:35 AM
 #2

My experience with deposit bonuses was not pretty. I didn't know at the time that you needed to wager a specific amount, and I just played and played- guess what? I lost it.

That's just how deposit bonuses work. The more you play, the more games you do, the more chances you have of losing to the house edge. So deposit bonuses benefit casinos but not players.

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ryzaadit
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Today at 06:52:45 AM
 #3

Yes, for a deposit bonus with 30-50x waggering. Don't take it, cause is imposible for us.
However, right now some casino sometimes giving a promotion deposit bonus with less waggering. My experience, I have experience from BK8 with Deposit Bonus for 3x waggering but with maximum Deposit 500,000 IDR and get 400,000 IDR with 3x waggering.



Last time, I got around 150$ Deposit Bonus with 1x Waggering only on Metawin. These kinds of bonus really rare and some casino can do these. Deposit Bonus like these with less waggering the problem is the amount really low. However, it's really worth. Yesterday, I got promotion for Lossback Deposit with minimum Deposit 250$ for maximum 1,000$ without any strict on Metawin. But can't take the promotion since there is no money to be used.

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Today at 07:05:14 AM
 #4

Even if I have met all the conditions and reached the withdrawal stage, the casinos require me to make a real-money deposit before I can withdraw.
That's part of the business, they just don't give free lunch at all. Unless they have these actual contests and promos that are certainly free and transparent that there's no required wagering to fulfill. Even for the contests that I have won in the past, I get free $$$ but I still have to fulfill the wagering requirements. There are some ways in doing it but it's too long to take so, that 30+ wagering requirements is what stopping gamblers to get into these bonuses offered by the casinos. But if you're a casual gambler and you enjoy staying then that won't be a quest that you'll have to complete.

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Today at 07:15:28 AM
 #5

No deposit bonuses at gambling sites come with strict conditions that make withdrawing winnings nearly impossible. You get free money, but only in theory.

I feel like I always end up empty-handed.

To withdraw winnings from bonuses, casinos require me to wager an amount 30, 50, or even more times greater than the value of the bonus I received.

These bonuses usually come with a very short validity period. Trying to meet the requirements within such a short time led me to take excessive risks, which resulted in the rapid loss of my balance.

Even if I have met all the conditions and reached the withdrawal stage, the casinos require me to make a real-money deposit before I can withdraw.
No-deposit bonuses aren't directly profitable for casinos but potentially they are directly profitable for players because even though there is a very low chance to meet the wagering requirements of no-deposit bonuses, the player can still potentially earn money and casino has absolutely zero edge in this case because they don't earn money when you lose, since it was a bonus from them. The catch here is undirect effect of this no-deposit bonus. If the bonus made you thrilled, there is a chance you are gonna deposit money once you lose the bonus and then you are gonna start gambling with a real money and this is the moment when casino has an advantage over you thanks to the house edge.

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Today at 07:16:33 AM
 #6

It depends to the user who are aware of the bonus and there should be a button to identify if they want to apply for deposit bonus and not automatically. Because there are lots of bad experience including me of that deposit bonus im not aware of. Since it needs me to wager a certain number of amount before i can withdraw and if i want to exclude or disable the bonus it end up almost taking my whole balance lmao.

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Today at 07:33:17 AM
 #7

If you mean no deposit bonus, it is very hard to fulfill the withdrawal requirements. You did not deposit on the gambling site, but you think the gambling site will make it easy? The gambling site can not make it easy at all.

Even deposit bonuses are also having wagering requirements that are hard to fulfill also. Most people that receive the bonus are losing and unable to fulfill the wagering requirements.

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Cointxz
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Today at 07:40:23 AM
 #8

Bonuses was intended to attract players on playing in the casino so the moment that you play means casino is already winning. In short, casino is profitable on this bonuses since they don’t give free money it for the reason that you already mentioned. Most of these bonuses have a strict wagering requirements to assure that casino will not go bankrupt while still giving the sense of incentive to players.

However, there’s still some casino that offer no shit wagering or deposit bonus but most of these bonuses time they have a strict monitoring if you are already having profit mainly by collecting it that will result to excluding you on casino bonuses.

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cryptoaddictchie
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Today at 08:06:25 AM
 #9

Thats why Im not enticed with deposit bonuses even its pretty good money cause the requirement wagering let you spend more which probably sometimes you spend more than the bonus already and when you compute it the amount you wager is more than enough combine with the bonuses to your negative losses.


Btw OP mind transferring this thread to Gambling Discussion section.

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Today at 08:09:38 AM
 #10

I was thinking if a topic like this was supposed to be posted on the gambling discussion section. I maybe wrong but can still be corrected if necessary.

However, bonus normally sound sweet and mouth watering. But in reality is not always what you think. A regular gambler should be able to know that these are measures used in bring customers to a casino. Possible they make you feel welcome and later show you the real them. I don't always patronize it because the conditions attached to it is sometimes unbearable. However, the length I can go while joining a casino is when they got my spec of games, definitely not for free money because there has never been any free money right from time and that is the truth.

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Today at 08:33:55 AM
 #11

All bonuses gets abused, one that requires no deposits especially. If the casinos do not make it as difficult as possible it will not get to the real players at all, which means the casinos do not get a reward from it and will have to discontinue eventually.
If we are going to talk about bonus requirement,  we will also need to have a conversation about abuse.

Even if I have met all the conditions and reached the withdrawal stage, the casinos require me to make a real-money deposit before I can withdraw.
That is not a no deposit bonus.

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