iNetBet´s Tournament max cashout

[maphesto]

I received an email from iNetBet and when I read about the tourney/offer I wonder how a player can win on it?

Old / Expired Link

Can you help me understand it? As I read it the player who wins the most with 11$ wins 100$ but all money he has on his account is being removed even if he has won a RJ.

Of course, if the winning player has 60$ on the account when the tournament is over he´s winning 40$.

Or am I totally wrong?

I hope you see something that can explain the whole thing.

 

[De Beuker]

As I read it, its a 10% bonus with 50x bonus playthrough and if you manage to win the tourney you can only get $100.- of your winnings.
ROTFL!!
Who invented this one?

And I'm bonusbanned, I cannot join!

 

[maphesto]

And I'm bonusbanned, I cannot join!

I´ll bet you are angry all weekend over this..

Seriously, are there any reading players who take this bonus/offer?

 

[lauram]

After you have finished your playthrough on this tourney, all your winnings are removed. Then it leaves you with your 10 dollars to play as normal.

 

[oldtrvlagt]

I had to read this twice...why would anyone do it? With my luck it would be the one time I'd win a RJ (at INET) and they would take it away

 

[maphesto]

Yes, and how clever is it to take part in that?

I can see the scenario:

1. Player with 3000$ bucks on the account "wins" 100$ and 2890$ is being removed from the account. (3000-100-10)

On fifth place I show up after hitting my first RJ on 1300$ and all my winnings are removed but I can keep those 10$ I deposit..

 

[oldtrvlagt]

Exactly! I can't remember the last time I cashed out from there...but if that happened I would have to shoot myself

 

[chuchu59]

If there are lots of players who take up this offer it is likely that there will be plenty of them with winnings in excess of $100. However, there is only one winner of $100 and there will also be 3 other players being prized with a total of $150. Therefore, the total prizemoney is $250 but God know how much in winnings they will be confiscating not to mention those who busted in the process.

 

[iNetBet Promos]

Hi Everyone,

This was just a quick tourney set up for for slots players as something different to do.

It is not a bonus it is a tournament.

As in any tourney you pay an entrance fee to take part. Then you wager for a given period and the winner is determined by certain criteria. In this case whoever, in the given wagering, turns their $11 into the most wins.

Once wagering is met your initial fee is returned to you.

As we do not have an tournament system in the RTG software so we thought this might be a novel way to run something like this.

Saying that winnings are being taken away is not true. You need to look apon these as bonus tournament funds and not real funds.

As you well know if any Random Jackpot is hit, that cannot be cashed out, we will add these back to the Jackpot. So nobody will be missing out on anything.

In fact should players take part in the tourney it will actually benefit the Jackpot amounts as all play will be adding to the Jackpots.

Again this is just something a bit different, if you do not want to take part then that is fine.

Have a good weekend.

iNetBet Promos

 

[oldtrvlagt]

The only problem with this is that players are depositing "Real Money". The casino is in a no lose situation because you only need a handful of players to cover the "prizes". The idea that someone could "trigger" a random jackpot under these conditions is IMHO a complete turnoff...much the same as it is with the "managers bonus".

My 2 cents worth...obviously I'm not playing.

 

[AudiManinBoro]

Just one of the many reasons I closed my account with this casino. They must really think were all idiots or something

 

[iNetBet Promos]

"They must really think were all idiots or something"

No reply needed to that one then

Sorry could not resist.

Have a good weekend all.

 

[Cant_Get_Right]

Hi Everyone,

This was just a quick tourney set up for for slots players as something different to do.

It is not a bonus it is a tournament.

As in any tourney you pay an entrance fee to take part. Then you wager for a given period and the winner is determined by certain criteria. In this case whoever, in the given wagering, turns their $11 into the most wins.

Once wagering is met your initial fee is returned to you.

As we do not have an tournament system in the RTG software so we thought this might be a novel way to run something like this.

Saying that winnings are being taken away is not true. You need to look apon these as bonus tournament funds and not real funds.

As you well know if any Random Jackpot is hit, that cannot be cashed out, we will add these back to the Jackpot. So nobody will be missing out on anything.

In fact should players take part in the tourney it will actually benefit the Jackpot amounts as all play will be adding to the Jackpots.

Again this is just something a bit different, if you do not want to take part then that is fine.

Have a good weekend.

iNetBet Promos

IMHO, inetbet has gone to crap. You have downgraded keno payouts. You have restricted the bet amount on free $5 (which i think is now $3 free bonus), you cap $11 tournaments to $100. You refuse to get live or phone support. You have a rude person named Alan working as support. Your bonus offers lags the rest of your competition. Besides having history amongst the players here. I really don't see why people continue to support this group.

 

[Cant_Get_Right]

"They must really think were all idiots or something"

No reply needed to that one then

Sorry could not resist.

Have a good weekend all.

Smart A$$

 

[iNetBet Promos]

Cant_Get_Right - May I please answer a couple of your points:

- We have not downgraded Keno - if any alterations have been made it was not by us. If changes have been made it would have been by RTG and done across the board.

- The bet amount on free chips is no longer in place.

- The current free chip is $11 not $3

- In what way do bonuses lag behind? There are always constant ongoing promotions. Also all % deposit bonus offers are fully cashable, unlike at other Casinos.

Back on topic

- This was a quick slot tourney that we have not run previously. The idea was that it was a tourney for depositing players. They simply have to wager $50 and whoever wins the most in that play wins the tourney.

It would seem that some of you are not a fan of the idea. That is fine. It is not compulsory to take part. For those that do I hope you have fun.

Best Regards
iNetBet Promos


p.s The response to audimaninboro was a light hearted reply. Hence the "Sorry could not resist " comment. I would hope it was taken that way too.

 

[marcsudbury]

well i havn't played inet in a long time, but at least a casino is trying to come up with something new and fresh. it's a tourny. when you play the MG tournys yopu don't kkep what you win. all tournaments are like that. everyone who seems to be a fan of 3dice on here should appreciate inet doing something different like 3dice does.

 

[silcnlayc]

iNetBet Promos: If changes have been made it would have been by RTG and done across the board.

Isn't that by the operators request?

iNetBet Promos: Also all % deposit bonus offers are fully cashable, unlike at other Casinos.

What about the many players that dislike those bonuses?? We get the basic comps which should be adjusted per bonuses claimed as in: you deposit 15 times with no bonus, shouldn't your comps reflect this vs a player that deposits and claims one EVERY time??

I know when I used to play a lot (here and at other RTG's) my comp base sucked big time and I deposited regularly...to get what 5 bucks for every few thousand deposited?

That is definitely a place where all casinos can get a little fairer in my opnion...the managers bonuses were pretty decent but that too must be linked to deposits...I guess...since they have dropped to almost non existent..( I guess cause I quit playing so much, woo woo!! there you go people)...

.

 

[maphesto]

well i havn't played inet in a long time, but at least a casino is trying to come up with something new and fresh.

Good point and as a happy player at iNetBet I think it´s good to try new things for the customers.
But this one is really too bad for the customers. The only one who wins on it are the casino and those who manage WR and have below 10$ when it´s done.

. it's a tourny. when you play the MG tournys yopu don't kkep what you win. all tournaments are like that.

Don´t mix it up with MG tourneys, they are by play money. Those money you use in the tournament are in no way "together" with real money.

everyone who seems to be a fan of 3dice on here should appreciate inet doing something different like 3dice does.

Good point again, maybe we have to give iNet some good ideas.

As in any tourney you pay an entrance fee to take part. Then you wager for a given period and the winner is determined by certain criteria. In this case whoever, in the given wagering, turns their $11 into the most wins.

Once wagering is met your initial fee is returned to you.

I understand the idea, but here are some things to think of:

1. The "bonus buck" is similar to a 10% bonus with WR.

2. The players will feel that they are using their own money and can´t cashout if they win.
To avoid this you could have given the players 1000$ to play with instead. Then the players feel like betting with other peoples money instead, like in MG tournaments.

3. When all money above 10$ are removed they are still showed as returned to player in your casino.

4. Those who have 0$ left before WR is met are exactly like any other losing player in your casino.

5. Isn´t it possible to have exactly the same tournament with your own money? A bonus credited just to see when WR is met and first price 100$ extra?

Last:

I use your casino and I do it without bonuses. I will continue so but I think that this "tourney" was too much like those bad Rival bonuses with high WR and a max cashout.

 

[iNetBet Promos]

Maphesto - Thanks for the comments. All constructive feedback is greatly received. I will be sure pass on your comments.

We would love to give you $1000 to play as suggested - however we could not do that as all play would contribute to real Jackpots. We have no specific tournament software in place at this time (so it was only tournament play). So unfortunately this is not an option.

We will see if we can structure future tourneys as you suggest in point 5. The reason it was constructed in the current format is that the system physically logs how much is removed when the wagering requirement is met. So we have easy to access to this information to determine the winners. With your suggestion every entrants account would need to be monitored.

At the moment it's a kind of work around with what we have in place. Maybe in the future we might have something better

Best Regards
iNetBet Promos

 

[vinylweatherman]

Maphesto - Thanks for the comments. All constructive feedback is greatly received. I will be sure pass on your comments.

We would love to give you $1000 to play as suggested - however we could not do that as all play would contribute to real Jackpots. We have no specific tournament software in place at this time (so it was only tournament play). So unfortunately this is not an option.

We will see if we can structure future tourneys as you suggest in point 5. The reason it was constructed in the current format is that the system physically logs how much is removed when the wagering requirement is met. So we have easy to access to this information to determine the winners. With your suggestion every entrants account would need to be monitored.

At the moment it's a kind of work around with what we have in place. Maybe in the future we might have something better

Best Regards
iNetBet Promos

I thought RTG DID have tournament software in place I had all these mailers for those "Blackjack tournaments" for quite a while.

Some MGS casinos DID run tournaments BEFORE the tournament software was released. Casino Action created a separate tournament account for each of it's active players, and each month ran a Blackjack tournament. It was all "fun money", and the real account was NEVER used, thus no mixing of real and tournament monies. I see no reason why RTG operators could not allocate a second account in a similar manner, solely for tournament play. They would need to use a different server so that the Random Jackpots were not shared between real play and tournament play. Tournament prizes could then be placed into the players' real account.

 

[iNetBet Promos]

vinylweatherman - I am sorry but your assumptions are not correct.

The Blackjack Tournaments were just that - Blackjack. They cannot be used for other games. The software was not RTG but provided by 21GNET.
So no we could not use that platform for a slot tournament.

As I say RTG have NO tournament software at this time - if they did we would use it

The idea of using a fun account is a nice one but unfortunately we cannot create coupons just for fun play. So we could not track to see who had taken part etc

Hence the reason this particular offering was structured as it was.

Best Regards
iNetBet Promos

 

[chayton]

I don't see this as any different than the 3 Dice buy-in tourneys really - if you're bored and only have $10 to play, you can try the tourney with the chance to win $100. IF you chose to take part, you should get your head around the fact that anything you win during the tourney is a SCORE rather than real money.

I wonder how the RJs are handled - probably the same as if you win one with a bonus, the funds are put back after....?

 

[silcnlayc]

All Star Slots

Things are getting stranger and stranger...I just got this offer fromn All star Slots:

..can anyone see a PATTERN developing here with the RTG's...

La Carte Slots Tournament


Menu A: ( $175)

Deposit $100 and we'll credit $75 bonus chips

Coupon code: TOURNAMENTA

Menu B: ($350)

Deposit $200 and we'll credit $150 bonus chips

Coupon code: TOURNAMENTB

All you have to do is to pick one of the menus above and play any of your favorite Slots between Friday and Sunday. Top ten players who have managed to score the highest wagering will win some fabulous prizes!

Prizes will be awarded as follows:

- 1ST Place: $300

- 2nd Place: $200

- 3rd-10th Place: $50 each

Promotions Manager

Event Rules:
* This promotion will begin at 00:01 Friday 23rd and ends at 23:59 EST Sunday on 25th April 2010
Coupon: TOURNAMENTA, TOURNAMENTB
* The deposit and the bonus must be wagered (25) times before a cashout is permitted
* Only wagers on slots are permitted before you have met this requirement.
Coupon: LUCKYDAY75
* The deposit and the bonus must be wagered (20) times before a cashout is permitted
* Only wagers on Slots, Keno, Video Slots and Scratch Cards are permitted before you have met this requirement
Coupon: LUCKYSOCK50
* The deposit and the bonus must be wagered (45) times before a cashout is permitted
* Only wagers on Blackjack, Video Poker and all Table Games are permitted before you have met this requirement

Now why in the world would anyone deposit so much to get back so little??

Just wondering..

 

[De Beuker]

Things are getting stranger and stranger...I just got this offer fromn All star Slots:

..can anyone see a PATTERN developing here with the RTG's...Now why in the world would anyone deposit so much to get back so little??

Just wondering..

I'm speechless!!!!
Have they completely lost their mind??

For a tourney with a $100.- entry fee I EXPECT a top prize of at least 25K!!


If I decide to play a tourney:
I deposit $100.-
I get $175.-
The max. I can win is $300.-
The max. I can lose is $100.-

If I decide to deposit with a 75% bonus:
I deposit 100
I get $175.- to play with (HEY!, thats the same as the tourney)
The max. I can win is UNLIMITED (theres usually no max. cashout on a 75%)
I can keep the random in case it might hit.


Now can ANYBODY PLEASE explain to me what exactly is the ADVANTAGE of playing in tournamentmode??
I really dont have a clue!

Edit: Ah, thanks VWM, I missed the wagering part.

In that case I'd like to ask the question to Inetbet, whats the advantage of playing the tourney compared to a straight bonusfree deposit of $10.-?
In both cases I have to win to win, but if I play for real I can just keep everything I win.

 

[vinylweatherman]

Things are getting stranger and stranger...I just got this offer fromn All star Slots:

..can anyone see a PATTERN developing here with the RTG's...Now why in the world would anyone deposit so much to get back so little??

Just wondering..

This one is different, you KEEP what you win with your deposit & bonus after meeting WR, it is NOT "confiscated" as with the iNetbet variant. This is also "most wagered", rather than "most won". There is nothing wrong with playing this mixed in with "real money", and if you get the RJ, you keep it, AND any eventual prize you may win for high wagering.

iNetBet are trying to mimic the MGS system, where you have so many "coins" to play ($50), and are ranked according to your "winbox", which is calculated by determining the highest balance remaining after wagering $50.

I did not know that the BJ tournaments were a different software, I thought it was all part of RTG, and similar to the way MGS implemented their BJ tournaments.

The long term solution would be to press RTG to develop a PROPER tournament interface, such that RTG operators could offer something similar to MGS.
MGS have made something of a mess of theirs though, and RTG could learn from these mistakes, and steal tournament players from MGS casinos.

3Dice tournaments are also run from a separate "account", and tournament and real money do not get mixed together.

The major problem with the iNetBet version IS this mingling together of real and tournament money, and the fear among players that their big win will happen in this "tournament mode", and they will see a mere $100 of it.

 

[maphesto]

This one is different, you KEEP what you win with your deposit & bonus after meeting WR, it is NOT "confiscated" as with the iNetbet variant. This is also "most wagered", rather than "most won". There is nothing wrong with playing this mixed in with "real money", and if you get the RJ, you keep it, AND any eventual prize you may win for high wagering.

Exactly!

 

[silcnlayc]

vinylweatherman: the fear among players that their big win will happen in this "tournament mode", and they will see a mere $100 of it.

I wouldn't play any of these tourneys. The fear of not meeting wagering requirements after hitting a decent win (yea, right, still dreaming) only to lose it to the wagering requirements..how silly is that? Lets say you take Menu b: that is $350x 25=8750.00 Now I hit a super nice random of $6000 only to have another $2000 to go for wagering...so, I lose the $6000 and miss my wagering by 10 bucks..how sad is that??? Yes, it happens and will continue to happen IMO...it is structured to do this..

So in essence you gave up $6000 to win $300...um yea right.. I do not think so if I am understanding this right..

.

 

[Cant_Get_Right]

I wouldn't play any of these tourneys. The fear of not meeting wagering requirements after hitting a decent win (yea, right, still dreaming) only to lose it to the wagering requirements..how silly is that? Lets say you take Menu b: that is $350x 25=8750.00 Now I hit a super nice random of $6000 only to have another $2000 to go for wagering...so, I lose the $6000 and miss my wagering by 10 bucks..how sad is that??? Yes, it happens and will continue to happen IMO...it is structured to do this..

So in essence you gave up $6000 to win $300...um yea right.. I do not think so if I am understanding this right..

.

Aren't you just sick of these damn wagering requirements? I mean this is getting old! They even want you to put a wagering on comp points.

 

[vinylweatherman]

I wouldn't play any of these tourneys. The fear of not meeting wagering requirements after hitting a decent win (yea, right, still dreaming) only to lose it to the wagering requirements..how silly is that? Lets say you take Menu b: that is $350x 25=8750.00 Now I hit a super nice random of $6000 only to have another $2000 to go for wagering...so, I lose the $6000 and miss my wagering by 10 bucks..how sad is that??? Yes, it happens and will continue to happen IMO...it is structured to do this..

So in essence you gave up $6000 to win $300...um yea right.. I do not think so if I am understanding this right..

.

Well, this is simply how it is for ANY deposit bonus, there are WR, the prize for most wagering is just an extra "treat". IF you get a big hit, and meet WR, you might NOT "go for it" just to be the highest wagerer, but cash in as soon as WR were met.
Having a big hit early on, and then losing it all to WR happens anyway, whether there is a tournament element or not.

I play these "wager challenges" at MGS casinos. It's real money, may or may not come with deposit bonuses, BUT if I win big, I KEEP ALL OF IT, whether I choose to cut & run, or push for top position on the scoreboard - I have the CHOICE, all money after any WR is met is mine to keep. MGS prizes for such events are almost always a bonus chip, with the usual WR, BUT yet again, THERE IS NO MAX CASHOUT.

I once won £300 off a promo at Spin Palace. After it was credited, I played, won, won some more, and then had that LEGEND of a hit on Munchkins, eventually withdrawing £15,000!

This would NOT happen if I had played at most, if not all, RTG casinos. The $300 (few offer UK Pounds) would be classed as a no-deposit free chip, and would most likely have a max cashout of around 10x, so a similar run (not on Munchkins, obviously) would have left me with $15,000 - $3000 would have been paid, but $12,000 removed.

RTG always seem to PANIC at the thought of a player winning like this off a prize credit, yet MGS take it in their stride, with an attitude of "it happens sometimes, not a problem". I am lucky enough to have the choice, unlike Americans, who are stuck with RTG and Rival in the main.

 

[lauram]

It would be hard enough to gain a higher balance as it is starting with 11 dollars.
Never mind having them remove whatever you won during this tournament.
Not only that if you did hit the rj and you do not qualify to cash it in, does inet place the funds back into the jackpot.

If you did make turnover and have any funds in your account you will receive your $10 deposit back. You can play as you like in the casino.
Players that accrued winnings above their $10 stake will have these removed at this point.

 

[silcnlayc]

vinylweatherman: Well, this is simply how it is for ANY deposit bonus, there are WR, the prize for most wagering is just an extra "treat". IF you get a big hit, and meet WR, you might NOT "go for it" just to be the highest wagerer, but cash in as soon as WR were met.

Ok, maybe I am obtuse or something but this makes no sense whatsoever...If I deposit $300 without a bonus and win HUGE...I withdraw...If I win with a bonus..I HAVE TO lose $6000 because of WR...and have 10 bucks left after WR..how is that a "treat"???

Taking a bonus on a large deposit such as this makes absolutly no sense whatsoever IMO..and casinos know that 99.9% will not meet the WR so who is ahead??


Why not just donate it? It would save you the heartache if you should hit something worthwhile and not get anything..

.

 

[vinylweatherman]

It would be hard enough to gain a higher balance as it is starting with 11 dollars.
Never mind having them remove whatever you won during this tournament.
Not only that if you did hit the rj and you do not qualify to cash it in, does inet place the funds back into the jackpot.

If you did make turnover and have any funds in your account you will receive your $10 deposit back. You can play as you like in the casino.
Players that accrued winnings above their $10 stake will have these removed at this point.

What You deposit $10, and for a SINGLE DOLLAR bonus you have a $100 cap on your winnings

Surely it would be better to have players put in $10, NO BONUS, and give the prize to whoever withdraws the most.

I thought the $11 was at least a free chip for depositing players who wanted something "a bit different" other than the standard 10x max cashout.

You need your head examined if you play this. Just deposit $10 without a bonus, or even use a "normal" no max cashout coupon, and have a bit of fun, and only risk NOT winning $100 if you hit big.

Whoever DOES win the $100 prize is pretty likely to do so by winning MORE than $100 from a lucky hit early on. Other than the 3 prize winners, the rest simply lose their $10, never having had a chance to win more than $100 from it.

 

[Deeplay]

wow what a thread its mind boggling - what ever happend to good ol fashion gambling without a stack of weird and most of the times Pain in the Ass terms and cons to read through no matter if its a free chip a tourney a 100% match deposit or what ever. Damn last time I walked into a land based casino and was given somthing for "free" it had no strings I could have walked. Life gets more complex these days in the way of online gambling which is supposed to be fun -) These days I tend to deposit cash only no strings attatched - win or loose I know where I am. Casinos need to see that when it gets to complex people loose interest or start discussing in detail and NOT depositing (which aint it what we supposed to be doing from a casinos point of view ?) Casinos keep it simple and ye will benefit. Make it to complex and you loose decent depositers like myself and others I presume.

Small example : was given a free chip tonight out of the blue from an acredited casino, had some strings attatched, and a max withdraw attatched, I immediatly lost interest when I saw the terms, played the money in quick time , lost, and closed down the software. I did then deposit with my own cash at another casino (same software) and am still playing ) win or loose at least I know where I am without having to read through pages of Terms n cons - as a player / customer I dont want or need this bull.

 

[iNetBet Promos]

vinylweatherman - have you actually read the promotion at all?

- There is not a cap on winnings as you say.

- Also players that take part but don't win a prizes will not lose their deposit.

If you had read the terms you would see that their $10 entrance deposit is given back to them once they meet the $50 wagering. They can then use these monies to play whatever they wish with no restrictions.

Please read a promotion fully before commenting.

As I said previously entering is not compulsory. If someone wants to play with a bonus, play without or enter this tourney then the decision is up to the individual player. Either way we trust you have fun. After all that's the whole point is it not?

Have a good weekend all.

Best Regards
iNetBet Promos

 

[oldtrvlagt]

Quite honestly you are missing the big picture and consider the mindset. In the tourneys we are all used to we DO NOT deposit real $$$ (no matter how small and receive a $1 bonus) and then play the normal slots where people (at the same time we are playing) are trying for a random jackpot where if we hit won the most we are going to win is possibly $100.

You are mixing apples and oranges by combining real money with (play) money it is a conundrum.

You are also talking to players who actually read "Terms and Conditions" and do not just blindly deposit because they received an email. There are a lot of players here that are sophisticated gamblers. This is why you are receiving so much static about this type of promotion.

 

[iNetBet Promos]

Hi oldtrvlagt

Point taken As I said earlier unfortunately we cannot run a tourney in free play mode for the reasons given previously.

You should however not look at the $1 added as a bonus. This was simply done to make the sum being used to play in the tourney $11. Given it is our 11th Birthday.

As chayton said the deposit should be seen as an entrance fee to take part. Which will be given back once you complete the wagering.

Again thanks for the feedback.

Best Regards
iNetBet Promos

 

[zap987]

I think the whole reason this thread exists is "If you did make turnover and have any funds in your account you will receive your $10 deposit back. You can play as you like in the casino."

From reading the promotion it does seem like if you lose your $10 without being able to wager $50 you don't get the $10 back.

 

[all4greed]

If you had read the terms you would see that their $10 entrance deposit is given back to them once they meet the $50 wagering. They can then use these monies to play whatever they wish with no restrictions.

If you don't make wagering requirements, you don't get your money back. The point of the contest is to hit something big, therefore the deposit most likely will be gone.

Genius on their part. Small time though...

 

[silcnlayc]

doomed4ever:Small example : was given a free chip tonight out of the blue from an acredited casino, had some strings attatched, and a max withdraw attatched, I immediatly lost interest when I saw the terms, played the money in quick time , lost, and closed down the software. I did then deposit with my own cash at another casino (same software) and am still playing ) win or loose at least I know where I am without having to read through pages of Terms n cons - as a player / customer I dont want or need this bull.

I do the same...I toss the chip as quick as I can...just to clear my account...how silly of them with all the emails I have sent them to give me something with such stringent strings attached...I end up going to another of the same flavor and deposit too..ignoring the free chip casino...

I do not know what it will take to get a casino to stop emailing offers that truly suck IMO..I am against all deposit bonuses and no one cares to listen..the remove button doesn't work, the emails don't work and these are supposedly accredited casinos..

The only casino that had honored my request to stop emailing me and giving me these silly chips was English Harbor...I am an avid and loyal player there now and have been for years since they actually listened..They even toss in some freebies with a one time wagering requirement with no limits on withdrawal..What a novel concept for rewarding loyal players! Unlike these silly other casinos flooding your emails with crap offers..especially when you SPECIFICALLY asked them to stop..

Geez...and now we have to contend with a promo like these that RTG operators are thinking up to get us back..

Just get real and let us play for goodness sake and you might just enjoy a flood of players if you (the operators) get back to the basics...geezes, it is NOT rocket science!


Sorry for the slight derail/rant...just tired of all the bulloney...just to try and enjoy a few hours of fun...we have to worry ourselves to death..how redundant is that???It is to RELAX, not count every spin/bet and try to figure out crap..How hard is it to understand this?? I guess, it is a tough question, since they cannot even find the remove button to take one off the mailing lists...

.

 

[Mavin1]

I do the same...I toss the chip as quick as I can...just to clear my account...how silly of them with all the emails I have sent them to give me something with such stringent strings attached...I end up going to another of the same flavor and deposit too..ignoring the free chip casino...

I do not know what it will take to get a casino to stop emailing offers that truly suck IMO..I am against all deposit bonuses and no one cares to listen..the remove button doesn't work, the emails don't work and these are supposedly accredited casinos..

The only casino that had honored my request to stop emailing me and giving me these silly chips was English Harbor...I am an avid and loyal player there now and have been for years since they actually listened..They even toss in some freebies with a one time wagering requirement with no limits on withdrawal..What a novel concept for rewarding loyal players! Unlike these silly other casinos flooding your emails with crap offers..especially when you SPECIFICALLY asked them to stop..

Geez...and now we have to contend with a promo like these that RTG operators are thinking up to get us back..

Just get real and let us play for goodness sake and you might just enjoy a flood of players if you (the operators) get back to the basics...geezes, it is NOT rocket science!


Sorry for the slight derail/rant...just tired of all the bulloney...just to try and enjoy a few hours of fun...we have to worry ourselves to death..how redundant is that???It is to RELAX, not count every spin/bet and try to figure out crap..How hard is it to understand this?? I guess, it is a tough question, since they cannot even find the remove button to take one off the mailing lists...

.

My solution to email offers, I have unsubscribed from every casino that has come to my inbox, even the places I do play at. If this doesn't work, I put them on my blocked list and they go straight to the delete file.
If I want an offer, they'll have it posted on their casino page anyways, I can look there.

Appologies, for my derail too.

 

[vinylweatherman]

vinylweatherman - have you actually read the promotion at all?

- There is not a cap on winnings as you say.

- Also players that take part but don't win a prizes will not lose their deposit.

If you had read the terms you would see that their $10 entrance deposit is given back to them once they meet the $50 wagering. They can then use these monies to play whatever they wish with no restrictions.

Please read a promotion fully before commenting.

As I said previously entering is not compulsory. If someone wants to play with a bonus, play without or enter this tourney then the decision is up to the individual player. Either way we trust you have fun. After all that's the whole point is it not?

Have a good weekend all.

Best Regards
iNetBet Promos

This is how I see it, correct me if I have got it wrong.


deposit $10 as entry fee, and this is made up to $11

I am then allowed to play exactly $50 worth of spins, and then I am "booted", and my balance is used to work out my position in the tournament.
All but the initial $10 is then removed, and I am left with my $10, free of any further restrictions. If I bust, I am left with nothing, and don't get the $10 back.

The most I can POSSIBLY win from my $10 "wager" is $100, or 10x stake.

The real argument is over the following scenario.

I start wagering my $11, and OMG - I hit the RJ - I carry on until I have wagered $50 worth of spins, and then everything is taken away except my starting $10. Later, I probably win $100 because I had the highest balance.

HOWEVER, had I simply taken a NORMAL coupon, even if it were $10 for 10% bonus, I would have KEPT my RJ, and wouldn't care a bit about not winning the $100 because I had many times that amount from the RJ.

It is about how the player PERCEIVES "luck". The wasted "lucky hit" that was lost is paid for by removing the lifetime "allowance" of luck in hitting RJs.

The $100 prize will be a hollow victory, and the player feels like $h1t because of what they COULD have had if they had played from a $11 deposit of their own, rather than $10 of their own, and $1 "birthday boost" from the casino.

Why have the boost at all, just have $11 as the entry fee, no strings, and highest cash in wins the prize. Tournament is the same in concept, but there is NO complication due to all this max win & confiscation malarkey because $1 of bonus money was added.

If this scenario does actually happen to a player, unlikely as it is, they are unlikely to be happy about it, and will regret ever having tried this tournament idea.

Why not just give everyone a $11 free chip to start the tournament, a max cashout is expected on these anyway, make having deposited within the last x weeks a precondition to receiving the $11 and tournament entry.

 

[chayton]

Well I'm gonna try it tomorrow and see what happens. I just turned $40 into 0, so if I can turn $10 into $100 that's a big improvement. If I come back whining cause I won my first RJ while playing the tournament and it didn't count, then you can all make fun of me.

I have a question for iNetBet though that I didn't see an answer to - is the prize money from the tournament subject to playthrough as well? Or is it cash money?

 

[darkpixie]

This question is directed at the Inetbet rep.

So here is the deal. Players play this tournament. Win REAL money. Amounts over $10 are confiscated once play through is reached (this means the winnings are removed from the machines and placed directly in Inet's pockets after all its not like Inet can put a $50 win back into the machine it came from). If this were a fair tournament the winnings would be placed into the prize pool and dolled out accordingly (Inet taking their cut of course). Instead Inet is pocketing the winnings. Pretty brilliant if you ask me.

Don't get me wrong, I am playing the tourney, however the case of the winnings that are being removed from the machines via the tournament and the fact that you have no way to check your stats does put me off quite a bit.

Under scrutiny by a higher power I think Inet may be treading on thin ice here as it amounts to hiring a team (the player) to empty the machines for them and effectively place real depositors on the tilt.

 

[darkpixie]

Another thing that picks my butt, when you clear the wagering if you are in autoplay, it just keeps on spinning... no notice nothing... so down $4 bucks of my ten because I was doing other things

 

[all4greed]

Why not just give everyone a $11 free chip to start the tournament, a max cashout is expected on these anyway, make having deposited within the last x weeks a precondition to receiving the $11 and tournament entry.

Attention Promotions Manager:

Hire this person. Seriously...

 

[KasinoKing]

So here is the deal. Players play this tournament. Win REAL money. Amounts over $10 are confiscated once play through is reached (this means the winnings are removed from the machines and placed directly in Inet's pockets after all its not like Inet can put a $50 win back into the machine it came from). If this were a fair tournament the winnings would be placed into the prize pool and dolled out accordingly (Inet taking their cut of course). Instead Inet is pocketing the winnings. Pretty brilliant if you ask me.

I think you are confusing online slots with real physical machines.
There are no "physical winnings" for iNet to put in to any pockets.
The only thing which is effected with this tournament are the RJs, and they have already stated that should these be hit the cash will be put back into the pot.

My only concern with this is how quickly the RJs are returned; suppose someone won a $5K RJ during this tourney and the slot reset to $1K, then a player NOT in the tourney hit it before the $5K had been put back - would iNet give that player the other $4K he missed out on?

Attention Promotions Manager:

Hire this person. Seriously...

They couldn't afford him!

KK

 

[darkpixie]

KasinoKing you are completely ignoring simple rules of logic and mathematics. Although a casino is random, that RNG is based upon a non random payout percentage.. In my example 97%.

If an online casino has say a 97% payout over all without the tournament then logic would stipulate that the following scenarios would occur:

1. Player deposits $10 no bonus no tournament. Player wins say $50. The player would then do one of the two. Play back the winnings, or withdraw. In the case of withdrawing that $50 would count towards the casinos 97% payout.

2. Player deposits $10 and gets the $1 for the tournament. Player wins $50. The casino withdraws the $50 winnings and doing who knows what with it. The $50 still counts towards the casinos 97% payout. Player only gets their original $10 deposit back, but busts out.

3. Player deposits $10 and gets the $1 for the tournament. Player wins $50. The casino withdraws the $50 winnings and doing who knows what with it. The $50 still counts towards the casinos 97% payout. Player only gets their original $10 deposit back, and wins another $50 and withdraws, counting further towards the 97% payout.

4. Several players of this tournament will eventually bust out. Great news for the casino. No need to pay any winnings.

To further illustrate, say 1000 people enter the tournament. That is $10000 in tournament fees. Say of that 1000 people 10% or 100 of them actually complete play through and have $50 confiscated. That is another $5000 the casino is keeping and not putting back into play. So the casino has made $15000 on a tournament that is offering a whopping $100 top prize. Heck if I could get that gig I would

 

[vinylweatherman]

KasinoKing you are completely ignoring simple rules of logic and mathematics. Although a casino is random, that RNG is based upon a non random payout percentage.. In my example 97%.

If an online casino has say a 97% payout over all without the tournament then logic would stipulate that the following scenarios would occur:

1. Player deposits $10 no bonus no tournament. Player wins say $50. The player would then do one of the two. Play back the winnings, or withdraw. In the case of withdrawing that $50 would count towards the casinos 97% payout.

2. Player deposits $10 and gets the $1 for the tournament. Player wins $50. The casino withdraws the $50 winnings and doing who knows what with it. The $50 still counts towards the casinos 97% payout. Player only gets their original $10 deposit back, but busts out.

3. Player deposits $10 and gets the $1 for the tournament. Player wins $50. The casino withdraws the $50 winnings and doing who knows what with it. The $50 still counts towards the casinos 97% payout. Player only gets their original $10 deposit back, and wins another $50 and withdraws, counting further towards the 97% payout.

4. Several players of this tournament will eventually bust out. Great news for the casino. No need to pay any winnings.

To further illustrate, say 1000 people enter the tournament. That is $10000 in tournament fees. Say of that 1000 people 10% or 100 of them actually complete play through and have $50 confiscated. That is another $5000 the casino is keeping and not putting back into play. So the casino has made $15000 on a tournament that is offering a whopping $100 top prize. Heck if I could get that gig I would

You are confusing RTP with "hold". RTP is simply the sum of game payouts divided by the sum of wagers made. It is the same whether the casino offers bonuses, confiscates winnings, etc.

What DOES increase however, is the HOLD, because there is confiscation of excess winnings from those players taking part. They are giving each player an extra $1, and if they win, they get to keep their initial $10 fee, which you would do anyway, even WITHOUT playing the tournament. HOWEVER, instead of the winners keeping everything after meeting WR on their $1, they have the excess above $10 confiscated, and the casino ONLY pays a fixed sum in prizes, rather than the total sum of winnings made by the winners. Unless the casino is unlucky, this is a good deal for them because the excess winnings is likely to be greater than the fixed prize fund. Only if the tournament winners win with a balance LOWER than their prizes will they benefit, but even so, those players with lower balances, but above $10, will get NO prize, nor will they keep their small amount of winnings.

This is a pretty bad offer, but mainly because of the "what if" factor, such as "what if I won the RJ whilst playing the tournament....."


My suggestion removes nearly all the negative arguments. Give out a $11 free chip & tournament code to QUALIFYING players only, and the max cashout and concept of "tournament mode" would be more in line with what is expected of ANY of the normal free chip offers from iNetBet. NO player would be in a position of losing $10 of REAL money by missing out on the prizes.

The only other solution would be to give EVERYBODY back their $10, so AGAIN no player was risking $10 with no chance of winning more than $100, but every chance of busting out.

 

[darkpixie]

FWIW, I won second prize, doubled up then busted out on Naughty or Nice

 

[just play]

FWIW, I won second prize, doubled up then busted out on Naughty or Nice

Was there a playthrough? I saw your name, I smiled cuz I remembered reading that you were going to play.