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Thread: Your thoughts on large welcome bonus

  1. #1
    addaminsane's Avatar
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    Your thoughts on large welcome bonus

    okay, i figured i'd get some input on you're thoughts on ginormous welcome bonuses.

    Particularly i'm referencing the new go casino bonus which is made up of 20 deposit bonuses of 100% up to $1000. I'm sure many have seen this, it seems to be a headliner in alot of casino affiliate websites right now.

    Anyways, any thoughts, points to be maid, or presuppositions about bonuses like these with newer casinos? Does it give credibility? take away trustworthiness? Add to it....?

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    Quote Originally Posted by addaminsane View Post
    okay, i figured i'd get some input on you're thoughts on ginormous welcome bonuses.

    Particularly i'm referencing the new go casino bonus which is made up of 20 deposit bonuses of 100% up to $1000. I'm sure many have seen this, it seems to be a headliner in alot of casino affiliate websites right now.
    Anyways, any thoughts, points to be maid, or presuppositions about bonuses like these with newer casinos? Does it give credibility? take away trustworthiness? Add to it....?
    ......and these casinos wonder why they suffer "bonus abuse"

    This one looks too good to be true, I have seen this through SPAM.

    So

    1) They SPAM
    2) They offer $20,000 to NEW players - ones with no history to speak of, could be a loyal player, could be an aggressive "bonus hunter".

    Respectable casinos baulk at offering 100% to $1000 ONCE, let alone on the first 20 deposits. The terms may well reveal this headline is all froth, and the actual offer is nothing like what it seems. I suspect the following bonuses are only applicable UNTIL the player makes a withdrawal. I can't see them allowing play on 20 consecutive $1000 bonuses, with players winning from some as well as busting.

    If they are rogue, they will take up to $1000 in one go BEFORE this becomes apparent, and that is assuming you win first try.
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  3. #3
    love2winalot's Avatar
    love2winalot is offline Playing to Win, not lose.
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    Hiya: When a Casino, "New or Not", makes a banner, or sends an e mail, or anything, they are in direct compitition with hundreds of other Casio's doing exactly the same thing.

    There are 2 targets only.
    1. The true newbie who has never played at any on line casion before. an
    2. The player who is/has played at online casino's before.

    You, "the Casino", are asking someone to come to your Casino to play instead of the others, or you are asking someone to quit playing where they are at now, or open multiple accounts and play at more than 1 casino at a time.

    WHY? Big Fat Bonus is as good as bait as anything. No matter how Good your Casino is, if you have,

    Small initial bonus
    few if any follow up bonus
    extended play through requirements, and limited games
    no established reputation
    and so on........

    Then, WHY would anyone come play at your Casino? There are simply to many other choices. imhop

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    big bonuses are irrelevant

    Hi Everyone,


    As far as I see it, big bonuses are irrelevant to the casinos exposure to bonus abuse, and to it's reputation.

    Big bonuses are meaningless. We could offer 10,000% Bonus if it had enough restrictions we would still not be in any trouble.

    We have a policy of offering a mid size sign up bonus with more restrictions and a large bonus with less restrictions. There are players that mind playthrough/sticky and prefer a small bonus, there are players who don't mind restrictions and just want the largest starting bankroll to play for hours on end. We as a casino need to be able to cater to both.

    It is when bonuses have too-good to be true restrictions that you must be concerned. 200% Blackjack bonus with no playthrough and no-max cashout? You know that there has to be more to it than that! 200% bonus with high playthrough, restricted games and such... can be more reasonable.

    The old adage of 'if it sounds too good to be true...' is applicable even in the high tech world of today

    Atleast that is my opinion. If I'm wrong and you guys feel otherwise, please tell me, since pleasing YOU is the reason we make bonuses for.

    Kind Regards,
    Nicolas Johnson
    Regal Affiliates Manager

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  6. #5
    split em is offline Newbie member Achievements:
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    Quote Originally Posted by vinylweatherman View Post
    ......and these casinos wonder why they suffer "bonus abuse"

    This one looks too good to be true, I have seen this through SPAM.

    So

    1) They SPAM
    2) They offer $20,000 to NEW players - ones with no history to speak of, could be a loyal player, could be an aggressive "bonus hunter".

    Respectable casinos baulk at offering 100% to $1000 ONCE, let alone on the first 20 deposits. The terms may well reveal this headline is all froth, and the actual offer is nothing like what it seems. I suspect the following bonuses are only applicable UNTIL the player makes a withdrawal. I can't see them allowing play on 20 consecutive $1000 bonuses, with players winning from some as well as busting.

    If they are rogue, they will take up to $1000 in one go BEFORE this becomes apparent, and that is assuming you win first try.
    I believe it's (20) 100% bonuses UP to $1000, so 20 bonuses of $50...
    I may be wrong, but that's how I read the original post

  7. #6
    paul02085 is offline Ueber Meister Achievements:
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    In general i like the larger % bonuses just because i can make a smaller $ deposit and have alot of $ to play with which means i get to play longer and that is mainly what i am after. Lot of play time.
    paul02085

  8. #7
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    Quote Originally Posted by NicolasJohnson View Post
    Hi Everyone,


    As far as I see it, big bonuses are irrelevant to the casinos exposure to bonus abuse, and to it's reputation.

    Big bonuses are meaningless. We could offer 10,000% Bonus if it had enough restrictions we would still not be in any trouble.

    We have a policy of offering a mid size sign up bonus with more restrictions and a large bonus with less restrictions. There are players that mind playthrough/sticky and prefer a small bonus, there are players who don't mind restrictions and just want the largest starting bankroll to play for hours on end. We as a casino need to be able to cater to both.

    It is when bonuses have too-good to be true restrictions that you must be concerned. 200% Blackjack bonus with no playthrough and no-max cashout? You know that there has to be more to it than that! 200% bonus with high playthrough, restricted games and such... can be more reasonable.

    The old adage of 'if it sounds too good to be true...' is applicable even in the high tech world of today

    Atleast that is my opinion. If I'm wrong and you guys feel otherwise, please tell me, since pleasing YOU is the reason we make bonuses for.

    Kind Regards,
    Nicolas Johnson
    Regal Affiliates Manager
    My point was that it is your AFFILIATES that do the damage. Not only do they show as "headliners" these big bonuses, but they will often offer a service to encourage players to sign up through THEIR banners. Often, this is a step by step guide to "abusing" the bonus, and if their is the slightest chink of an exploit, some affiliate sites will spell it out. This is how the "big bet & grind" came on the scene. No sane recreational player would think of placing their entire bankroll on a single bet, but when these affiliate sites spell out, and show with irrefutable mathematics that this method is a guaranteed winner long term, you get players who will try it, succeed, and spread the word.
    Before I joined Casinomeister, I joined a couple of these so called "bonus whoring" forums, and this is what they are still doing now.

    Before all the current, and highly leveraged, methods of advantage play, it was mainly about making small bets, and grinding out the small, but pretty consistent positive value in those early bonuses. These often had 20x or 30x playthrough, Blackjack allowed, and really WERE a way to make a living if you had nothing better to do than spend an entire day playing $1 hands for a few tens of dollars profit.

    The current problems are indeed down to poorly written terms, or badly structured offers, rather than the size, or percentage, of the bonus offered.
    Bigger bonuses will always get more advertising exposure, but also will get the attention of those unprofitable "advantage" players the casino does not really want, especially at launch.

    This current offer being discussed does seem too good to be true, BUT it may be sticky, and have 100x playthrough, which would actually make it a safe bet for the casino, and a poor deal for the advantage player.

    The problem at present is that many casinos neglect their loyal players, and this makes it easy for a new casino to lure them away with even a modest offer. To KEEP loyal players, the casino should be offering them deals that make it a waste of effort for them to play elsewhere, with all the hassle of again being a new player, having to send in documents, etc.

    Players who play at several casinos STILL tend to stick to a set of favourites, and will perhaps try a new one every now & then, and if it doesn't match up to their favourites, will ditch it again.
    Empty Fruities Astern Capt'n
    Back to port for unloading.
    Full Sails - before we get raided ourselves.

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    universal4 is offline Webmeister
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    The terms state 100% up to $1000 each.

    Playthrough is 20X

    Rick

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    Quote Originally Posted by universal4 View Post
    The terms state 100% up to $1000 each.

    Playthrough is 20X

    Rick
    Has to be sticky then. Even so, highly exploitable, so I would expect there are other terms involved than 20x playthrough.
    Empty Fruities Astern Capt'n
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    Full Sails - before we get raided ourselves.

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    Quote Originally Posted by vinylweatherman View Post
    Has to be sticky then. Even so, highly exploitable, so I would expect there are other terms involved than 20x playthrough.
    Not exactly. You have a bonus account and real money account, you first bet with the bonus and any winnings goes to real money account. The wager goes back to the bonus account tough.

    The software seems to be Vegas Technologies and it seems to be slots only so nothing to exploit with 20xD+B.

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