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[winbig]

Originally Posted by vinylweatherman

It would seem that RTG operators can not support the financial risk of allowing free money to be used to "chase" the bigger RJ's. I cannot see why other casino operators can though, if reputable RTG casinos cannot.

If you ask me, if a $20,000 RJ is going to really put a hurt on their financial situation just because it was won on a $1+ free chip at any casino, you won't catch me playing there.

Besides, what is the REAL REASON behind that?

It's not like in this case that it was a "hit and run". The RJ was won by a loyal player to the casino. If they had simply signed up just for the $9, then I would fully support their decision.

But, again, you have to really ask yourself "What are their motives?"

This is money that is ALREADY PUT BACK AND SAVED FOR WHEN SOMEONE HITS THE RJ. It's not like they're paying the RJ 'out of their pocket' so to speak. A % of every penny bet on that slot is set aside for the jackpot.

[vinylweatherman]

Originally Posted by winbig

If you ask me, if a $20,000 RJ is going to really put a hurt on their financial situation just because it was won on a $1+ free chip at any casino, you won't catch me playing there.

Besides, what is the REAL REASON behind that?

It's not like in this case that it was a "hit and run". The RJ was won by a loyal player to the casino. If they had simply signed up just for the $9, then I would fully support their decision.

But, again, you have to really ask yourself "What are their motives?"

This is money that is ALREADY PUT BACK AND SAVED FOR WHEN SOMEONE HITS THE RJ. It's not like they're paying the RJ 'out of their pocket' so to speak. A % of every penny bet on that slot is set aside for the jackpot.

Some RTG operators have argued that play with free money also contributes a % to the RJ, so they do not want players winning them with free money. Unfortunately, they do not differentiate between the new player just using a free chip, and the loyal player who deposits regularly, but just happens to win the RJ with a free chip given as part of the player retention programme. MG will only restrict withdrawals from an INITIAL free chip, and even then will waive this restriction where a player subsequently makes a deposit and gives some play before attempting to withdraw the winnings.

This model has allowed RTG operators to offer HUGE bonuses (especially the less reputable ones), that look very generous indeed, but are not so when these max cashout rules are taken into consideration. MG offer less in the way of bonuses, but they are fully cashable, and with no max cashout.

iNetBet do not offer the large bonuses found with other RTG casinos, so maybe do not need the protection of the max cashout on the odd free chip.

I have yet to see any RTG casino without this rule on free chips, so it is probably recommended to them by RTG.

They would only suffer if there was an organised effort by bonus whores to take down an RJ with free chips, it could happen, but there would be no guarantees as with other forms of bonus whoring.