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Originally Posted by caruso
These days, Golden Palace are are worst guilty of acts of idiocy ranging from buying baby names to sabotaging the olympic games. What they are NOT doing these days is stealing legitimate cashins. Then, yes. Now, no. These days, Golden Palace pays first and bars second - the correct way around.
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How is this T&C interpreted (From golden palace signup bonus T&C's)?
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If the casino deems that you have wagered and risked only the BONUS in order to pass the audit, the casino reserves the right to void any winnings resulting from these wagers as well as the bonus itself, and will refund your purchases.
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What constitutes "risking only the bonus"?
What about this:
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Upon your FIRST withdrawal (regardless of the number of deposits), any amount up to the equivalent value of the PLAY BONUS will be deducted from your play balance or winnings prior to settlement.
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So if I deposit 100 today, get 300 bonus, lose all 400, then deposit say 300, tomorrow, wager up and down breaking even in the end, with a balance of 300 again, try to withdraw it, according to the T&C's the 300 will be deducted...and I end up with zero.
OK, the latter is not thievery as it's clearly stated, but it's a rotten deal.
Cheers,
SM