Online Casinos - Casinomeister Logo Online Casinos - Casinomeister
Results 1 to 8 of 8

Thread: Can Somebody Explain This To Me

  1. #1
    me_and_ed's Avatar
    me_and_ed is offline Meister Member Achievements:
    Veteran25000 Experience PointsFriends R Us
    Join Date
    Jun 2006
    Location
    Vancouver
    Posts
    1,261
    Thanks
    491
    Thanked 844 Times in 333 Posts
    Rep Power
    52
    Reputation Points: 4341

    Can Somebody Explain This To Me

    Bonus Information

    There are no wagering requirement before you can withdraw* your deposit or winnings made with your deposit.

    When you make a deposit where you receive a promotional bonus, we insert the bonus money into your account and add your deposit on top. To explain it better, we will be using the stack of chips on the right as an example -- the green chips represent your own deposit, and the red chips represent the promotional bonus you received (this is merely an example - your chips will not be colored like this when you play). the problem and give us details of how you prefer to be contacted as well as your local time zone. You can also contact the Help Desk directly at the toll-free support number below, 24 hours a day. German speaking support is available from 7:00 CET - 24:00 CET.


    When you start playing, you will be wagering with the green chips - your own funds - first.

    Both the green and the red chips can be used for playing at the Casino, and you can withdraw the green chips at any time you wish.

    When you place a bet with green chips only, your winnings will also paid in green chips. If you include a red (bonus) chip in your bet, your winnings will be paid in red chips only.

    The red bonus-chips can not be withdrawn directly -- when you have reached a pre-set wagering level you can withdraw the red bonus chips if you wish.

    Should you choose to withdraw any of the green player-chips before reaching the pre-set wagering level, the red bonus-chips will be removed from your account. In other words - the bonus is a bonus for playing, which is converted into their monetary value only when you have fulfilled the terms of the bonus, but without preventing you from withdrawing at any time, should you wish to do so.

    Please note that the required wagering level before you can withdraw the bonus is cumulative - i.e. you will need to fulfill the combined requirements from both the last and this bonus before you can withdraw the bonus(es) if you receive multiple bonuses before having fulfilled the required wagering level.


    The wagering level before you can withdraw the bonus is set at each promotion separately.

    Welcome Bonus:
    The standard level is set at 35x (Deposit + Bonus).

    For VIP players there are no wagering requirements.




    Sorry it is so long.

  2. #2
    winbig's Avatar
    winbig is offline mmmm, Foxy.
    Achievements:
    VeteranCreated Album picturesCreated Blog entry50000 Experience PointsPeople Likes You
    Join Date
    Mar 2005
    Location
    Pennsylvania
    Posts
    8,229
    Blog Entries
    4
    Thanks
    1,371
    Thanked 3,608 Times in 2,120 Posts
    Rep Power
    166
    Reputation Points: 19093
    Pretty simple actually, it's a "sticky" bonus. They're just nice enough to allow you to dip into the bonus if needed, but still be allowed to withdraw winnings+deposit without having to meet any requirements.

    But on the other hand, it's not really a sticky bonus. You CAN cash it out, only after you've met the WR for it.

    Bottom line is, if you want to cash the bonus, you need to play the WR. If not, you can withdraw at any time.
    Operators: If you don't know what Transparency means, then here you go.....now how about practicing it?

    Transparency, as used in the humanities and in a social context more generally, implies openness, communication, and accountability. It is a metaphorical extension of the meaning a "transparent" object is one that can be seen through. ...

  3. The Following User Says Thank You to winbig For This Useful Post:

    me_and_ed (27th October 2006)

  4. #3
    me_and_ed's Avatar
    me_and_ed is offline Meister Member Achievements:
    Veteran25000 Experience PointsFriends R Us
    Join Date
    Jun 2006
    Location
    Vancouver
    Posts
    1,261
    Thanks
    491
    Thanked 844 Times in 333 Posts
    Rep Power
    52
    Reputation Points: 4341
    Quote Originally Posted by winbig View Post
    Pretty simple actually, it's a "sticky" bonus. They're just nice enough to allow you to dip into the bonus if needed, but still be allowed to withdraw winnings+deposit without having to meet any requirements.

    But on the other hand, it's not really a sticky bonus. You CAN cash it out, only after you've met the WR for it.

    Bottom line is, if you want to cash the bonus, you need to play the WR. If not, you can withdraw at any time.
    Okay, say I dep $50 and get $50 bonus, I play and win $500.00 and have only played through say 10X, I can then withdraw $450.00?

  5. #4
    liquidsoap's Avatar
    liquidsoap is offline Meistermember!
    Join Date
    Apr 2005
    Location
    home
    Posts
    746
    Thanks
    780
    Thanked 173 Times in 133 Posts
    Rep Power
    37
    Reputation Points: 1031
    Quote Originally Posted by me_and_ed View Post
    Okay, say I dep $50 and get $50 bonus, I play and win $500.00 and have only played through say 10X, I can then withdraw $450.00?
    Correct
    As long as you dont lose your origanal 50 first!
    According the the chip theory..

  6. The Following User Says Thank You to liquidsoap For This Useful Post:

    me_and_ed (27th October 2006)

  7. #5
    happygobrokey's Avatar
    happygobrokey is offline the bomb!
    Join Date
    Jul 2006
    Location
    canada
    Posts
    1,179
    Blog Entries
    1
    Thanks
    457
    Thanked 718 Times in 524 Posts
    Rep Power
    46
    Reputation Points: 3594
    yeah to me it says if you lose all your cash chips then all future wins would be in bonus chips and thus you could cash out nothing without meeting the wr. but so long as you are winning with green chips you're not tied to the wr but lose all the red ones if you w/d.

    only difference from industry standard is usually once you reach surpass the amount of bonus you originally received, future winnings are in cash chips, but here once the cash is gone, all winnings from bonus are bonus until the wr is completed. my question, since you're winning more bonus chips, does the wr also increase since you received more bonus?
    +++ like a midget at a urinal, i was going to have to stay on my toes +++
    . . . +++ if you can read this, well done you +++ . . .
    +++ and don't call me shirley +++ ...R.I.P. Leslie Nielsen...

  8. The Following User Says Thank You to happygobrokey For This Useful Post:

    me_and_ed (27th October 2006)

  9. #6
    winbig's Avatar
    winbig is offline mmmm, Foxy.
    Achievements:
    VeteranCreated Album picturesCreated Blog entry50000 Experience PointsPeople Likes You
    Join Date
    Mar 2005
    Location
    Pennsylvania
    Posts
    8,229
    Blog Entries
    4
    Thanks
    1,371
    Thanked 3,608 Times in 2,120 Posts
    Rep Power
    166
    Reputation Points: 19093
    Quote Originally Posted by happygobrokey View Post
    my question, since you're winning more bonus chips, does the wr also increase since you received more bonus?
    Nope, the WR is set in stone once you deposit and recieve the bonus...If I'm understanding those terms right....

    Say you use the first $20 of red chips for a blackjack hand. You hit blackjack, and recieve $50 total. The $20 will be put in the red chip stack, and the other $30 will be in green chips.
    Operators: If you don't know what Transparency means, then here you go.....now how about practicing it?

    Transparency, as used in the humanities and in a social context more generally, implies openness, communication, and accountability. It is a metaphorical extension of the meaning a "transparent" object is one that can be seen through. ...

  10. The Following User Says Thank You to winbig For This Useful Post:

    me_and_ed (27th October 2006)

  11. #7
    uungy is offline Senior Member

    Join Date
    Jul 2004
    Location
    Planet Earth (I think)
    Posts
    704
    Thanks
    222
    Thanked 175 Times in 120 Posts
    Rep Power
    39
    Reputation Points: 958
    Quote Originally Posted by me_and_ed View Post
    Okay, say I dep $50 and get $50 bonus, I play and win $500.00 and have only played through say 10X, I can then withdraw $450.00?
    As long as you haven't used their chips (the bonus) to play with

  12. The Following User Says Thank You to uungy For This Useful Post:

    me_and_ed (29th October 2006)

  13. #8
    happygobrokey's Avatar
    happygobrokey is offline the bomb!
    Join Date
    Jul 2006
    Location
    canada
    Posts
    1,179
    Blog Entries
    1
    Thanks
    457
    Thanked 718 Times in 524 Posts
    Rep Power
    46
    Reputation Points: 3594
    Quote Originally Posted by winbig View Post
    Nope, the WR is set in stone once you deposit and recieve the bonus...If I'm understanding those terms right....

    Say you use the first $20 of red chips for a blackjack hand. You hit blackjack, and recieve $50 total. The $20 will be put in the red chip stack, and the other $30 will be in green chips.
    that is the sticking point. i didn't see anywhere it saying that winnings with bonus chips in excess of the original bonus amount would be in cash chips. i read all winnings from wagers using only bonus chips will be given in same.

    the bonus forfeit feature suggests that a player withdrawing prior to wr completion does so because player used own funds to rack up a win and is willing to give back the bonus to get the hassle free win (as if there never were a bonus). in this instance, the casino feels once you have lost all the chips you bought in for (the green ones), you no longer deserve to string up a win and cashout without meeting wagering. now that you depend on their goodwill bonus to make any money, they want to hold you to the conditions upon which you agreed to in receiving the bonus chips. i don't think this is unreasonable. perhaps unconventional, but it is in line with the 'spirit in which it was given' as they like to say.

    <***>however, iirc it did say that if a bet consists of both green and red chips, the winnings are given entirely in green chips. [don't quote me, i read the t&c days ago]. if that's the case, when you have one dollar (or less than a minimum bet) left in the cash balance, simply bet the whole wad in the next hand and you will forego the wr if you lose, and maintain your cash balance and get maximum cash value out of the bonus chips if you win. if you were able to double up this way every time your cash balance dwindled, you would avoid the requirement and stay 'in the green'.</***>
    Last edited by happygobrokey; 30th October 2006 at 04:01 AM. Reason: <***>
    +++ like a midget at a urinal, i was going to have to stay on my toes +++
    . . . +++ if you can read this, well done you +++ . . .
    +++ and don't call me shirley +++ ...R.I.P. Leslie Nielsen...

  14. The Following User Says Thank You to happygobrokey For This Useful Post:

    me_and_ed (30th October 2006)

Similar Threads

  1. how to explain the bonus terms
    By betting88 in forum Casinomeister's Poker Room
    Replies: 2
    Last Post: 16th February 2006, 09:46 AM
  2. Can somebody explain me?
    By retlaw in forum Online Casinos
    Replies: 2
    Last Post: 20th September 2005, 12:53 PM
  3. Replies: 17
    Last Post: 22nd January 2005, 10:40 AM
  4. Can some one explain to my Ebonic self?
    By bethug in forum Online Casinos
    Replies: 2
    Last Post: 18th September 2004, 04:48 AM

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Legal Statements and Privacy Policy
Casinomeister.com does not intend for any of the information contained on this website to be used for illegal purposes. You must ensure you meet all age and other regulatory requirements before entering a casino or placing a wager. Online gambling is illegal in many jurisdictions and users should consult legal counsel regarding the legal status of online gambling and gaming in their jurisdictions. The information in this site is for news and entertainment purposes only. Casinomeister.com is an independent directory and information service free of any gaming operator's control. Links to third party websites on Casinomeister.com are provided solely for informative/educational purposes. If you use these links, you leave this Website.