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New RTG - Casino Beach - Proceed with Caution
I just received an email from ReeferPoker last night about a new casino called "Casino Beach"...how original.
They're offering a $25 ND bonus, but check out the T&C for it:
These "free trial dollars" do not qualify for major game prizes, promotions or chat game credits (bingo), and winnings from this offer are capped at $50. To make a withdrawal you must first deposit a minimum of $50 and wager it 40 times on valid games only. (If you claim a deposit bonus on your first deposit the wagering requirements for both bonuses will be added together and any bonus funds remaining in your account will be removed on withdrawal.
Ok, so basically all this "ND" offer is, is a 100% bonus up to $50, with a maximum cashout of $50. Which has to be wagered 40x. I couldn't even find what the WR are for the 200% SUB. But instead, I read the T&C and the WR are added on top of the ND WR's if you claim the SUB when you make the $50 deposit to claim your "winnings" from the ND chip.
and wait! It gets better!!!
7.3 Annuities
Individual or aggregate withdrawals in excess of USD 1,000.00 per month will be paid in separate, monthly installments of USD 1,000.00. Depending on your Account history, we may, at our sole discretion, choose to raise this annuity limit in your favor.
By way of example, if you requested a USD 5,000.00 withdrawal (either through a single withdrawal or in multiple withdrawals), you would be paid USD 1,000.00 every subsequent calendar month until the entirety of the withdrawal has been made.
$1,000 a week? wtf? I see RTG is still licensing any Tom, Dick or Harry. If they can't afford more than $1,000 a month to players, then they're in the wrong business.
and yes! there's more!
This casino is also related to Saturn Bingo. I ran across this thread, which shows that they (saturn bingo) impose a 15x max cashout on each and every deposit..............
http://www.casinomeister.com/forums/...-deposits.html
proof: Click on the T&C link from their promotions page (xxxhttp://www.casinobeach.com/promotions/promotions.html), then click on the live chat button on the 10,000 item (I'm not shitting you, it's a huge list of T&C) page on the top right hand side of the page. Once it times out and says operators are busy, reload the page a few times and you'll eventually get:
Support is currently unattended. Please submit an email to support@saturnbingo.com and it will be attended to ASAP - thankyou
If anyone else wants to chime in with more details about how this place may end up in the rogue pit over time, then feel free to do some sleuthing on your own.
edit: OOOOOoooOOOOooOOOOOooo I forgot the BEST PART!!
They only process withdrawals ONE DAY A WEEK, and not even a full day, at that!!!!! Their processing department only works 15 hours a week, and only for one day.
Provided that you have completed any documentation requirements as stipulated in Section 7.1, withdrawal requests will be processed once a week on Monday at 15:00 to Tuesday at 06:00.
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Originally Posted by lnspin
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