WinTingo's new cashback program

[wintingo]

Hi meister members,

I hope this post does not come across as too spammy but we wanted to open up a discussion with players to get their feedback regarding our new website. The new site sees the introduction of what we think is a ground-breaking new cashback rewards system called Cashpay.

Cashpay awards real money cashback on both winnings and losses on every wager on any game, in real time! As soon as a player earns cashback the money is immediately transferred into the player’s account. The cashback amount can be withdrawn at any time. The player can also withdraw their deposit at any time – without any wagering requirements.

Cashback is awarded on every deposit a player ever makes at WinTingo. New players get up to 65% back on their first deposit, no maximum.
Thereafter, all players get up to 30% back on every deposit made. Again, no maximum.

In addition to the launch of Cashpay, we added the entire suite of Microgaming quickfire games to our existing games portfolio and these games are all available under the Cashpay system.

We welcome feedback about the new site and in particular the cashpay program. Visit the

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website for further information.

 

[Casinomeister]

Admin note: this was in the moderated queue for a couple of weeks while I was away - but now it's live

Anyway - this looks interesting. @everyone - I'd like to hear your feedback on this.

 

[wintingo]

Admin note: this was in the moderated queue for a couple of weeks while I was away - but now it's live

Anyway - this looks interesting. @everyone - I'd like to hear your feedback on this.

Thanks Meister.. As previously suggested, the purpose of this discussion is to get players feedback and commentary on the Cashpay system. Its an open discussion but please try and keep as constructive as possible

We will monitor the forum on an ongoing basis and send replies where appropriate to specific questions that are brought to the table..

 

[Balthazar]

Cashback is awarded on every deposit a player ever makes at WinTingo. New players get up to 65% back on their first deposit, no maximum.
Thereafter, all players get up to 30% back on every deposit made. Again, no maximum.

Maybe my grasp of the English language isn't what it should be but how can you get "up to X%" with "no maximum"?

 

[marioking24]

great idea, i think!
I´ll definately check it out!

 

[mrmark21]

That's a good idea. That would benefit allot of players who prefer to play without a bonus.

 

[clees42]

Maybe my grasp of the English language isn't what it should be but how can you get "up to X%" with "no maximum"?

Its means that the 30% cashback applies even if the deposit is 10000000000000.

 

[clees42]

This is pretty smart move. They are effectively upping the rtp for everyone which results in more game time and happy customers.
We still havent seen any numbers yet though. Would like to know how much needs to be wagered for 1€ cashback.

 

[mrmark21]

Would like to know how much needs to be wagered for 1€ cashback.

That's a good question?

 

[clees42]

I just checked out the site.
The system seems very reasonable, almost too good.
wager 60€ and get 2€.

Lets say you deposit 100 euro and play 97% rtp slot.
You would have 100,3% rtp until you have wagered 900€.

 

[Slotster!]

I see Microgaming at their site.

If, as we're led to believe therefore, they'll be playing the same RTP as everywhere else - this could be potentially very good news for people who are way more organised and sensible than me.

Interesting!

 

[wintingo]

Maybe my grasp of the English language isn't what it should be but how can you get "up to X%" with "no maximum"?

The cashback is unlimited as it applies to a deposit of any amount. In addition, we carry over any un-earned cashback from 1 deposit to the next. For example: On the players first deposit of $200 they are eligible for 65% cashback which equals $130. If the player busts out and only manages to earn $100 of the $130, should the player deposit again, they are eligible to earn the remaining $30 from the previous deposit plus the additional up to 30% on the new deposit. This works on a continuous basis fr every deposit and is also applied should a player withdraw without having earned their full cashback on a particular deposit.

 

[wintingo]

I see Microgaming at their site.

If, as we're led to believe therefore, they'll be playing the same RTP as everywhere else - this could be potentially very good news for people who are way more organised and sensible than me.

Interesting!

This would be a question for Microgaming but as far as we know, the RTP for their games are the same across all casinos.. As an operator we cannot change or manipulate the RTP.

 

[incrediblestuff]

I remember getting this per mail, and thinking to myself that is a good way to market "another" MJG casino:
This is definitely an innovative bonus-system!
I'll see to it when i have some spare funds, because i would like to test how this affects an average session.
I remember when i read it i also thought something along the line of "too good to be true" and must say seeing that you are active on here
is soothing,
Good idea.

 

[societyofslots]

I may of judged wintingo too harshly in the past by taking the piss out of its name

 

[Nifty29]

Here's my issue, if I read the OP correctly.

The cashback is added in real time as it is earned.

So, every time you wager $60 they slip $2 into your balance I.e. the cashback cannot be accumulated and used as a lump sum, which is a turn off for me personally.

If it was user configurable so that the credit increments could be chosen it would be better.

It really amounts to a 30% deposit bonus that you can only use $2 at a time. Also, the cashback is capped at a percentage of your original deposit.

Good idea, but needs tweaking IMO.

Is this promo instead of comp points, or in addition?

 

[dionysus]

ya, I'm rather with Nifty here; bits and pieces doesnt do it for me; I'd want a chunk to cash in at my leisure, like, when I'm broke

 

[mrmark21]

The cashback is added in real time as it is earned.

So, every time you wager $60 they slip $2 into your balance I.e. the cashback cannot be accumulated and used as a lump sum, which is a turn off for me personally.

I agree with Nifty on that, I though that the cash back was one lump sum

 

[clees42]

they could just add "claim accumulated cashback now" button in the cashier.
I dont see how it is a negative thing they give the bonus in 2€ pieces.
Ive had to deposit 4 times to get post wager bonus at one casino
and i would have gladly taken a smaller portion of the bonus earlier if possible.

 

[wintingo]

If it was user configurable so that the credit increments could be chosen it would be better.

It really amounts to a 30% deposit bonus that you can only use $2 at a time. Also, the cashback is capped at a percentage of your original deposit.

Good idea, but needs tweaking IMO.

Is this promo instead of comp points, or in addition?

In version 2 of the website we are building in functionality so that players can configure how they receive their cashback. It should be something we will release in a few months.

Yes you can look at it as a 30% deposit bonus but the major difference with Cashpay is that there are no wagering requirements in order to withdraw. Players can withdraw their own money and the cashback money at any time.

At the moment Cashpay is instead of comp points.. We are also developing a comp points system which should be released in V2.

 

[dionysus]

Ah, in that case, personally, not a fan of the system. Gl.

 

[wintingo]

Ah, in that case, personally, not a fan of the system. Gl.

I'm confused, you are not a fan of either way that the cashback is awarded? i.e. currently its 2 credits for every 60 and in the coming months we will give players the ability to configure it themselves.

 

[wintingo]

Here's my issue, if I read the OP correctly.

The cashback is added in real time as it is earned.

So, every time you wager $60 they slip $2 into your balance I.e. the cashback cannot be accumulated and used as a lump sum, which is a turn off for me personally.

If it was user configurable so that the credit increments could be chosen it would be better.

It really amounts to a 30% deposit bonus that you can only use $2 at a time. Also, the cashback is capped at a percentage of your original deposit.

Good idea, but needs tweaking IMO.

Is this promo instead of comp points, or in addition?

Nifty, we had a meeting with our developers today to discuss your comments and the necessary changes we would need to make. I have some comments which i would appreciate if the board would consider. Which situation is better:

• The cashback earnings are released in increments of 2 credits for every 60 wagered. The 2 credits are placed in a side balance and can accumulate and the player can redeem this whenever they choose or cashout it out whenever they choose.
  
  Alternatively:
  
  
• We keep with the current format where by we automatically add the cashback earnings to the players balance but we make it user configurable so the user decides how it is added to the balance. For example, instead of 2 in every 60, the player can decide to change it so they receive 10 credits for every 300 wagered.. or 20 credits for every 600 wagered, so on and so forth..

 

[dunover]

I think it's OK as it is. I know in Chopley's videos he once made a comment when he won a decent hit early on on BDBA 'I'll have to rethink this bonus thing' where his bonus was added all at once with a 30x playthrough and he bust out. It does give us the opportunity to cashout which is a big issue with bonuses. VPL have the system whereby it get loaded up front but gets turned into cash in increments of 10% and you can cashout at any time as it will clearly show your bonus balance and w/d able cash balance which goes from 50-50 to 40-60 etc.
I have signed up to Wintingo but not yet played as not had time, but I like the sound of the separate total in your latter idea whereby you can add it when you like.

It is a good idea overall and quite novel, so I like it so far.

 

[incrediblestuff]

Nifty, we had a meeting with our developers today to discuss your comments and the necessary changes we would need to make. I have some comments which i would appreciate if the board would consider. Which situation is better:

• The cashback earnings are released in increments of 2 credits for every 60 wagered. The 2 credits are placed in a side balance and can accumulate and the player can redeem this whenever they choose or cashout it out whenever they choose.
  
  Alternatively:
  
  
• We keep with the current format where by we automatically add the cashback earnings to the players balance but we make it user configurable so the user decides how it is added to the balance. For example, instead of 2 in every 60, the player can decide to change it so they receive 10 credits for every 300 wagered.. or 20 credits for every 600 wagered, so on and so forth..

Both options are perfectly fine, the second one might give the player the feeling they are more in control, but i would be happy with either in any case.