This just shows how confusing max cashout rules are, and why most casinos just don't have them. It seems odd that MG casinos can safely run with no max cashout rules on their bonues, yet RTG have to stick rigidly to this rule or risk going bust.
It has been made worse by the forum rep saying one thing, but casino management limiting what "no max cashout" actually means in practice.
I dislike the rule, as it punishes those rare runs of luck, and they DO happen, yet when the run is in favour of the casino, there is no similar rule to help the player limit their total loss, such as a 100% rebate on losses beyond the highest max cashout.
This could also distort the house edge. A player could deposit many times with these bonuses, and FINALLY hit somethig that merely wins him back his money, yet this positive run could be cut by the max cashout, and he would NOT win back his money, but only a fraction of it. In this way, the rule caps positive variance, but does nothing to limit the negative variance.
I also found SERIOUS problems with their bonus mailers, they had a bonus for, say, 2nd Feb, but the link took you to a page giving the terms for a bonus dated 24th Jan, which had nothing to do with the offer. This happened repeatedly, and all these offers came from "Lauren", probably a made up name like "Lyris" of "Lyris Listmanager" to make it look like a real person had sent it, instead of a general player mass mailer. I ignored them all, since it was impossible to get at any terms and conditions, and eventually "Lauren" got the push, and I have received nothing since.
I have not played there in quite a while, and have replaced them with iNetBet recently. They have a more stable bonus regime, all the terms can be seen, and max cashouts only apply to simple free chips, better still, the bonus itself is CASHABLE, proven after my recent first cashout where the amount of the bonus was NOT removed from the total. In my final session, I won back all but $100 of my total deposits, but had a max cashout and phantom bonus rule applied, I would have probably only got half my money back, not nearly all of it.
Empty Fruities Astern Capt'n
Back to port for unloading.
Full Sails - before we get raided ourselves.
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