tanga
Full Member
- Joined
- Aug 16, 2012
- Location
- United Kingdom
Hi all,
I received an email from a casino that I've not deposited at for a while and they offered me a 100% up to £250 with NO wagering requirements on the bonus. My first thought was the email is SPAM but I logged into my account and it was there under my promotions with the same term. I keep thinking to myself that this is too good to be true so I went to the terms and conditions and found the below terms regarding bonus funds.
From my understanding is: if I deposit £250 it is displayed in my cash balance and all bets will be taken from this until it's reached £0, I can then withdraw the £250 bonus cash straight away because it has no WR. Am I reading this wrong? It's a no lose deposit?
This casino is part of a casino group where I've played a number of times in the past and also made large withdrawals so I trust them.
Terms:
All bonuses awarded work in the following way:
Players accounts will have a Bonus Balance containing bonus money (if any) that is kept separately from their cash balance. On placing a bet money is subtracted from the Cash Balance, unless the amount is zero, upon which it will be taken from the Bonus Balance. Any winnings are added to the Bonus Balance and can not be withdrawn until the specified Wagering Requirements for the bonus are met. Similarly the Bonus itself cannot be withdrawn until the specific Wagering Requirements have been met. Once the Wagering Requirements have been met, the amount in the Bonus Balance linked to the active bonus will transfer to the Cash Balance, where it can then be withdrawn. Any bonus issued is valid for a period of 30 days from the date of issue unless otherwise stated in the specific promotion. Any remaining/unused bonus at the end of the stated period will be removed from the player’s account.
I received an email from a casino that I've not deposited at for a while and they offered me a 100% up to £250 with NO wagering requirements on the bonus. My first thought was the email is SPAM but I logged into my account and it was there under my promotions with the same term. I keep thinking to myself that this is too good to be true so I went to the terms and conditions and found the below terms regarding bonus funds.
From my understanding is: if I deposit £250 it is displayed in my cash balance and all bets will be taken from this until it's reached £0, I can then withdraw the £250 bonus cash straight away because it has no WR. Am I reading this wrong? It's a no lose deposit?
This casino is part of a casino group where I've played a number of times in the past and also made large withdrawals so I trust them.
Terms:
All bonuses awarded work in the following way:
Players accounts will have a Bonus Balance containing bonus money (if any) that is kept separately from their cash balance. On placing a bet money is subtracted from the Cash Balance, unless the amount is zero, upon which it will be taken from the Bonus Balance. Any winnings are added to the Bonus Balance and can not be withdrawn until the specified Wagering Requirements for the bonus are met. Similarly the Bonus itself cannot be withdrawn until the specific Wagering Requirements have been met. Once the Wagering Requirements have been met, the amount in the Bonus Balance linked to the active bonus will transfer to the Cash Balance, where it can then be withdrawn. Any bonus issued is valid for a period of 30 days from the date of issue unless otherwise stated in the specific promotion. Any remaining/unused bonus at the end of the stated period will be removed from the player’s account.