Speaking of crap bonuses, one of the casinos I list on my sites sent me an e-mail about a special new bonus to attract new players. When I read the terms I nearly fell off my seat, and this is the reply I sent to them:-
"Your 3 bonus score as follows:
700%; -11.07
100%; +1.80 - Are players REALLY allowed to play Blackjack, Craps & Roulette with this???
350%; -1.86
How am I supposed to attract new players with crap like that??
Maybe you just don't understand how bad these are, so I'll explain the 700% one:-
(700%, WR (D+B)x40, Phantom)
Deposit $100, get $700 bonus.
Wagering = $800 x 40 = $32,000
$32,000 x 96% RTP slots = a player loss of $1,280 by the time they finish WR.
Take off the $700 Phantom bonus = Total loss of $1,980 on a $100 deposit...!
These aren't player bonuses - they are player traps; it is virtually guaranteed that any players who take them will lose.
No-one is expecting you to offer bonuses which mathematically favour the players - but you have to keep them realistic.
I mean, what is the point of offering a "bonus" which mathematically will result in the player losing nearly TWENTY times his deposit???
Isn't ONE times his deposit enough for you??"
Of course, they never replied to my e-mail...
KK
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