Jackpot247 backed by ITV - beware - bonus conditions almost guarantee you will lose initial depost.
Ths casino is offering a very attractive bonus very recently. Open an account and you will get:
£10 absolutely free
3x deposit up max deposit of £200.
So deposit £200 and get £610, sounds great.
£10 bonus requirement is x99 and any winnings accrued may not be withdrawn until you have wagered at least 99x your bonus amount within 30 days of the issue date.
3x depost bonus requirement is x25 and any winning accrued may not be withdrawn until you hve wagered at least 25x your deposit and bonus within 30 days of receving the bonus.
I was lucky enough to get decent winnings whilst playing with my cash and wanted to withdraw my deposit and winnings and foregoing my bonus which I had not touched but this is not possible, it is only possible to withdraw original depost and lose accrued winning and bonus.
The way the accounting works is wagering stakes are taken from cash but returns are added to bonus. If bonus is above 3x deposit + free £10 then stakes are taken from bonus. You can easily end up with withdrawable cash deminishing but bonus increasing. There was know way of knowing they would take wagering from cash first but add winnings to the bonus, which happened to me, it's not in the . I ended up with withdrawable cash of approx £100, but a bonus + winnings of nearly £700 inaccessible until I had turned over approx another £14000.
The bonus is great for having decent play time on the games but is there is very little chance of coming out with any cash even if you get a decent win. You pretty much have to accept you are paying for some entertainment time. It is not gambling in sense of a normal risk-rewards sense of a casino. I would argue the marketing and selling of the product is actually misleading and deceptive. I would like to see some statistics of how many new account holders ever come out with a withdrawable profit situation, My guess nobody except when a big win in the thousands occurs.
I don't play casino's much nowadays but a few years ago, you were able to draw out original cash plus winning, just not the bonus and this is a much fairer way of giving the account holder a chance of actually achieving a profit occasionally.