3Dice casino - Any thoughts?

[Zoozie]

Zoozie:
I do see the proposal as a bonus. Here's why:

I deposit $50, it is matched for a total of $100... I play through the first fifty, now I am playing with free money. I hit some good lines or a feature and decide to cash out. Had I not been playing with their money, I would have no cashout. Now I have 50% of something I would not have had before. Sweet.

You are wrong in your assumption that you are now playing with free money.
Because any winnings from the first 50$ you lose would only have paid 50% effectively. It adds up to same. Try my example with the 9900% bonus.
The EV from the bonus is the same as the house egde of the game you play and it is the same in all 3. cases:
1. No bonus
2. 100% bonus, and divide withdrawal by 2.
3. 9900% bonus and divide withdrawal by 100.

In your argument after you lost your 50$ deposit you would then have 9950$ left to play with, but it still comes down to the same.

This is a good example why I do not like this bonus. It is tricky and most players can not understand the full effect of it.

Zoozie

[Rusty]

Well done 3dice for opening up this thread and showing some genuine interest in how your players feel.
Here is my tuppenceworth on the bonus issue.
I would scrap the sign up bonus and offer a cashback bonus with no WR if the total deposit was lost and no withdrawal made.
The only added condition on receiving this cashback would be another deposit of at least the cashback amount.
I would start with say 20% cashback on the 1st deposit and increase this by 10% each following deposit, thus encouraging and rewarding loyalty.
You can do the sums of how many cashback offers could be made and how much(as regards risk management) but I feel this would be a much fairer system.
Also it is not open to abuse and while being attractive to the genuine player it would be of little use to "bonus abusers"
Obviously B&M casinos get a lot of local traffic which does not apply to remote Casinos so if you want loyalty you will have to give a little something extra back and sign up bonuses with T&C's a mile long are not the answer.

[lojo]

Well done 3dice for opening up this thread and showing some genuine interest in how your players feel.
Here is my tuppenceworth on the bonus issue.
I would scrap the sign up bonus and offer a cashback bonus with no WR if the total deposit was lost and no withdrawal made.
The only added condition on receiving this cashback would be another deposit of at least the cashback amount.
I would start with say 20% cashback on the 1st deposit and increase this by 10% each following deposit, thus encouraging and rewarding loyalty.
You can do the sums of how many cashback offers could be made and how much(as regards risk management) but I feel this would be a much fairer system.
Also it is not open to abuse and while being attractive to the genuine player it would be of little use to "bonus abusers"
Obviously B&M casinos get a lot of local traffic which does not apply to remote Casinos so if you want loyalty you will have to give a little something extra back and sign up bonuses with T&C's a mile long are not the answer.

The 'bonus' thing has to go. It has it's own 'industry'.

[Nifty29]

I think the Microgaming EziBonus system is a good one - you can withdraw deposit and winnings but the bonus is released in portions according to games played.

If you dont offer at least a 100% signup bonus of some kind, then it will be very difficult to get new players as it is pretty much the industry norm.

Another thought it that you could limit the withdraw from the signup bonus to $xxx, and keep the rest in a bonus balance for players to use when they deposit again. This would keep players coming back I would think.

Its a tough one - whatever you choose someone will find a way to abuse it I guess.