How about a good reason NOT to take a bonus
I was reading up on a new casino last night and had to re-read the following terms a number of times out of disbelief.
Is this the first casino that has these terms and conditions or are there more out there?
From the casino website....
The maximum cashout limitation is permanently enforced on your account once you take any deposit bonus. All future withdrawals become limited to the most recent maximum cashout you had with the last bonus you took. The fact that you don't take a bonus on your latest deposit is not considered relevant. Once you take a bonus whatever the last available maximum cashout on your account was is considered the maximum withdrawable amount.
Example : If you deposit $ 100 & receive a 200% bonus the bonus you will receive will be 200% of $ 100 = $ 200. Since the maximum cashout is 5X the amount of the bonus the maximum withdrawable amount will be $ 200 x 5 = $ 1000. Let's say you either win and withdraw the maximum cashout or lose everything and then decide to deposit $ 100 again but choose not to take a bonus this time (a bonus is always available to take on insertcasinonamehere.com) In this case your maximum cashout will still be $ 1000. Even if you win $ 1500 the maximum withdrawable amount will remain $ 1000 even though you didn't take a bonus on the last deposit. This maximum cashout won't change until you take another bonus which has a different maximum cashout.
The reasoning behind this rule is simple. Whatever deposit bonus we offer is redeemable unlimited times. So if you are a player that enjoys bonuses there is no reason not to redeem at least one of our bonuses on every deposit (no reason except bonus abuse of course, which we deplore)
Never run faster than your Guardian Angel can fly.
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