Casino On Net will steal your deposit and winnings

[GrandMaster]

Originally Posted by fortuneriver

27th March 2006, you played one round of Roulette on your Reef Club Casino account, betting $200, which was lost. You then cashed out your original $200 deposit which was paid according to the Cash-out Policy.

Originally Posted by fortuneriver

What they call abuse in my case?

The fact that you only risked the bonus at Reef Club. I must say, I have some simpathy with Reef Club here.

Originally Posted by Zoozie

Interesting. You did nothing wrong except playing LEGAL games, but in a way they didnt like.

Actually you played excacly as suggest by Wizard of Odds
http://wizardofodds.com/askthewizard/163

No, the Wizard recommends "If you're not afraid of losing, a good way to get out of the wagering requirement is to bet aggressively early, either going for a big win or go bust trying." Fortuneriver was not willing to risk his own money. I don't see the Wizard recommending anywhere that you withdraw your deposit once you have lost the bonus.

[fortuneriver]

Originally Posted by GrandMaster

The fact that you only risked the bonus at Reef Club. I must say, I have some simpathy with Reef Club here.


No, the Wizard recommends "If you're not afraid of losing, a good way to get out of the wagering requirement is to bet aggressively early, either going for a big win or go bust trying." Fortuneriver was not willing to risk his own money. I don't see the Wizard recommending anywhere that you withdraw your deposit once you have lost the bonus.

But it is not about wizard recommending or not- it is about what casino lets you to do and what not. Reefclub as well as Casino on Net LETS YOU to withdraw your deposit after you played with the bonus. It is the same story as with Intercasino. Actually, at Intercasino , i was refused to receive any bonuses after the half a year i played in a no risk manner. But they NEVER refused to pay me my winnings. And if Reef club doesnt let me to withdraw my deposit without risking it- why would they let me to withdraw it and then confiscate three times more money from their sister casino? So,once again, in no way i violated Casino On Net's rules and that is why i state: Casino On net stole 500$ from me.

[mitch]

Fortuneriver gets no sympathy from me.
It is players like him who have caused the casinos to tighten up their conditions to such an extent that I bet at very few casinos these days. (Well done for killing the golden goose!)

You now have to be a high roller to get good offers.

Having said that I have no time for 888.com. They were the first and only casino to specifically bar me from bonuses.

I had been with them for some time and was well up overall depositing for all their bonuses but also depositing far more money every month without bonuses and betting quite often at table limits.

I then eventually joined Reef Club. On my first ever visit I lost all my money including bonus, I immediately re-deposited a few thousand dollars and bet upto table max. I ended up well ahead and cashed out.

The following day Reef Club gave me a gift of $300 for my "style of play", the day after they gave me a substantial sum for coming second in their BJ wagering contest (which I didn't even realise was running whilst I was playing)

A couple of days later (Xmas day!) Casaver e- mailed me and said I would not receive any more bonuses from their casinos as they did not like my play and withdrawal pattern eg I won and withdrew my winnings.!!!

After going backwards and forwards with their reps and ECOGRA, I informed them I was banning them from ever receiving any more deposits from me (LOL) until they gave me recompense for their insulting behaviour.

Hell, my biggest ever single internet bet is 60 times their BJ table max!

They have sent me generic e-mails since, offering a few dollars but I ignore them because they are a crap operation and I am glad the Meister has rogued them.

Mitch

[fortuneriver]

Originally Posted by mitch

Fortuneriver gets no sympathy from me.
It is players like him who have caused the casinos to tighten up their conditions to such an extent that I bet at very few casinos these days. (Well done for killing the golden goose!)

You now have to be a high roller to get good offers.

Having said that I have no time for 888.com. They were the first and only casino to specifically bar me from bonuses.

I had been with them for some time and was well up overall depositing for all their bonuses but also depositing far more money every month without bonuses and betting quite often at table limits.

I then eventually joined Reef Club. On my first ever visit I lost all my money including bonus, I immediately re-deposited a few thousand dollars and bet upto table max. I ended up well ahead and cashed out.

The following day Reef Club gave me a gift of $300 for my "style of play", the day after they gave me a substantial sum for coming second in their BJ wagering contest (which I didn't even realise was running whilst I was playing)

A couple of days later (Xmas day!) Casaver e- mailed me and said I would not receive any more bonuses from their casinos as they did not like my play and withdrawal pattern eg I won and withdrew my winnings.!!!

After going backwards and forwards with their reps and ECOGRA, I informed them I was banning them from ever receiving any more deposits from me (LOL) until they gave me recompense for their insulting behaviour.

Hell, my biggest ever single internet bet is 60 times their BJ table max!

They have sent me generic e-mails since, offering a few dollars but I ignore them because they are a crap operation and I am glad the Meister has rogued them.

Mitch

Very sad story of yours...But it surely makes you feel better knowing that somebody else was refused his winnings. And, by the way, i don't need your sympathy.

[mitch]

Originally Posted by fortuneriver

And, by the way, i don't need your sympathy.

Didn't think I was offering it!

Mitch

[fortuneriver]

This is my last post in this topic.

I see that some users consider Casino on Net's decision as a fair one. Ok ,that is their right. My only point is that when somebody comes to play at the casino- the only thing that he is obliged to are terms and conditions. Unfortunately, this time it was not the case. I was playing exactly according to the rules i didn't violate it in ANY WAY. And still- i was refused my winnings. The term "bonus abuse" means nothing because you will not find any exact definition for this term at the Casino On Net website. So, from now on, anyone playing at Casino On Net may find himself robbed by the casino on the base of the unclear words- "bonus abuse". I wish you all not to find yourself in my situation and advise you not to play at this casino. Regarding my 500$ stolen from me by the richest casino in the world...what can i say...the rich just get richer

Sorry for my bad english and good luck!

[chuchu59]

Originally Posted by fortuneriver

My friend, what is a bonus abuse? I played by the RULES. Tell me where and when I violated the rules of the Casino On Net.

Mon ami,

Let's see if I have got this right. You purchased $200 at Reef and got a $200 bonus. You played $200 in one spin ,lost and cashed out the remaining $200. 0 risk and a profit of $400 if you win. All casinos will lose their shirts if all players did this. Bonuses are meant to cushion you against bad luck/streaks but frankly I do believe you did not take them in good faith by choosing to cash out immediately. You did not even bother to play anymore or anything else. So I still think this is a classic example of bonus abuse.

[dickens1298]

It's interesting to note that at the end of all of this, Fortuneriver is no worse off than the moment before he began wagering at Reef Club and 888. He either cashed out or was refunded his deposit both times, so his net loss is zero, yet he still feels that there was money "stolen" from him.

Obviously, the casinos are there to make money for themselves. And obviously, they do so at the expense of us. The balance is a fine one - if the casinos are too successful, they end up killing their markets, and if the gamblers are too successful, then the casinos are no longer profitable to run.

Bonuses are designed to attract customers, and the casino "out" is that "catch-all" clause that allows the casino to bar any customer is suspects of bonus abuse. But the bottom line is that they're seeking to bar players who can win with no threat to their own bankrolls. It's pretty similar to a retail establishment posting a sign that says "WE RESERVE THE RIGHT TO REFUSE SERVICE TO ANYONE". We may think it's "unfair" or "not right", but the casinos are doing what they can to maintain profitability, and the bottom line is that Fortuneriver lost nary a penny when all was said and done.

[Linus]

They're not refusing service. They're accepting a wager, and refusing to pay when they lose.

[Zoozie]

Originally Posted by GrandMaster

I don't see the Wizard recommending anywhere that you withdraw your deposit once you have lost the bonus.

I agree with that one, but I misunderstood that he was able to withdraw after just wagering 200$. Normally there is a wagering requirement so withdrawal is not possible.

I thought he was gambling the full bonus+deposit on the roulette. (this is the 'normal' way to bonus whore, but TC should still be more clear)

In this case I gotta change my mind then. No sympaty for the player.

Zoozie