Are no deposit bonuses more profitable for casinos than they are for players?

[casinosfyi]

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]

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.

[ryzaadit]

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.

[tabas]

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.

[Synchronice]

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.

[PX-Z]

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.

[Oshosondy]

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.

[Cointxz]

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.

[cryptoaddictchie]

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.

[Yablee0]

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.

[Upgrade00]

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.

[DabsPoorVersion]

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.

That's because their main goal is for you to be encourage to explore their games even without depositing.
Usually, this no deposit bonus comes with restrictions like it can only be used to specific games. This will leave you with no other choice but to play the games they choose for you to play whether you like it or not. Aside from having unrealistic wagering requirements, some casinos even implement a maximum amount you can withdraw from winnings on that bonus.

However, if you are in a situation where you have met all the conditions for the no deposit bonus, but then they suddenly ask you to deposit before you can withdraw your winnings, you better check it first if the casino is legitimate or maybe a scam.

[rohang]

I have never taken a deposit bonus, those are meant to trap our money and force us to play a certain way

100% or 200% bonus seems very tempting but books are not stupid, there are endless rules that bind the player, like max bet amounts, rollovers, type of games that count, odds etc etc

Also even if you win most books will apply strict checks on your account before any money can be taken out. Not worth it IMO

[Don Pedro Dinero]

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.

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.

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.

I have never taken a deposit bonus, those are meant to trap our money and force us to play a certain way

Why don’t you read before you start writing, for goodness’ sake? He is talking about a no deposit bonus. Your managers shouldn't pay you for those posts.

The point here is that offering these bonuses simply attracts people to the casino, very few of whom – if any – are actually able to clear the bonus; however, a percentage of those who visit the casino lured by the bonus end up making a deposit, which makes it profitable for the casino. It was a bit like freebitco.in when it was working properly: it attracted loads of people to the site with the faucet, but made its profit from all those who ended up depositing and losing money there.

[Dr.Bitcoin_Strange]

Are no deposit bonuses more profitable for casinos than they are for players?

Is it not obvious enough? The answer is yes. Matter of fact, no deposit bonus is more like a marketing scheme for the casino, in my opinion. They advertise "no deposit bonus" to attract players who are always chasing after bonus knowing that majority of the customers that is going to register because of the bonus will end up losing enough money while chasing the requirement that will qualify them to withdraw the winning. Any bonuse that have a crazy wagering requirement is not for me because I won't bother myself to use it knowing that I can not be able to fulfill the requirement.

[SamReomo]

I have also tried hard to withdraw such bonuses many times and all times I failed to complete the required wagering requirement for such bonuses. A few days ago I got around $30 worth of free bonus on a casino and after playing a few games I turned that $30 into more than $70 but the bonus came with wagering requirement of 20x and I wasn't able to complete that and lost the whole amount.

Casinos know very well that it is not easy for players to complete high wagering requirements that's the reason such bonuses come with huge wagering requirements. To be honest, I enjoyed playing those games but I wasn't able to withdraw anything from that bonus.

[Agbe]

My experienced in betski, Jackpotter, and when BC Game was good and few other casinos were not bad until recently I met SlicePot.com which I got the worst experienced like the Op. That casino real frustrated me but I thank God that I finally withdrew my capital back. And that should be an abandoned Casino for me.

Really that is very painful when you win with bonus and the condition to deposit to unlock the bonus wins and after depositing and probably you thought you can withdraw them all after some wagering yet you can't withdraw anything and there are more requirements to meet up and you look everything and you can't meet up the requirements and you gave up to just empty the balance. In fact after really emptying your balance in the casino, you might delete the account from the casino.

[NanLomarig]

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.

Yeah this is the classic no-deposit trap. The bonus looks free but the wagering requirements (especially 40x–50x) + short time limits basically force you to gamble it away or deposit real money just to cash out. Most of these offers are designed so the house edge and the conditions work against you.

Only a tiny percentage of people ever successfully withdraw from pure no-deposit bonuses.