Azzurri
Banned User
- Joined
- Feb 8, 2014
- Location
- From Foil Land
First off, let me state that the point of this thread is not to discredit Videoslots or complain about their service in anyway, but more to start a debate as to whether their much advertised offer is actually beneficial when compared to other casinos who regularly offer comps after losing sessions.
I was originally a big supporter of VS when they first started their BOF, and initially thought the cash back offer was a good one. In the first month I played there I deposited approximately $5,000, and received a huge cash back figure of approx. $470. Sounds great on paper, but what must be taken into consideration was that on my very first deposit, I had built my balance up to $7,000, and then in my own stupidity, I lost it all. No arguments there, as I was accountable for the loss, however I'm sure that first session had much to do with that first monthly cash back figure I received.
The following couple of months I continued to deposit quite regularly, however I could never replicate that first session, and loss most deposits very quickly one after another. Of course my cash back rewards also dwindled down, and without the exact figures in front of me, it was something along the lines of, 2nd month - $29, 3rd month - $12 etc.
Now this wasn't a huge issue, as although I could never win more than my original deposit, Lucas was always on hand to grant a losers comp to have another try, and seeing as I was losing $200 deposit after $200 deposit, this was a nice gesture to keep me continuing to deposit despite my losing streak.
Fast forward to present time, and it would seem that now VS has passed the BOF, Lucas is more reluctant to offer any comps, and prefers to direct players attention to the fact that there is cash back waiting in the wings. Of course Lucas and VS are well within their rights to do this, as comps are a goodwill gesture and not a necessity. Once I realized VS was no longer giving out comps, I decided to close my account, and stick with casinos that do, as I didn't feel I was getting much value from the cash back offer compared to the deposits I was making. As I was also losing my deposits very quickly, I also wasn't getting much value from the races due to minimal spins from those quick losses.
Now fast forward to yesterday, and as I was having trouble depositing at my favourite site, I decided to try VS again, as I know they do AUD transactions, and I reopened my account and deposited $190. Predictably, I lost it all in a blink of an eye, with no features and no wins. Tough break, but nothing I'm not use to, case in point I had just lost $800 at Leo Vegas just prior.
Now this is where my question as to whether VS's cash back offer is overrated comes into play. I thought my quick loss and the modest amount deposited, was worthy of asking Lucas for a comp, as I knew from my quick play time I wouldn't have much to expect from the promos they offer. Lucas' response was yet again 'no' to a comp, and again he politely told me that I could pleasantly look forward to my cash back, which would appear soon.
Fast forward to today, and my cash back amount in waiting is a huge $3.50! Lucky me, lol.
Now, there's no question in my mind, that if this was at Guts or Leo Vegas, and I had loss that amount that quickly, Ben or Olle would grant me a $35 - $50 comp (they've been known to credit me much more, like $90 from Olle recently) without a second thought. I still find VS's terms regarding the cash back very vague, as in there is no way for a customer to calculate it, and as it is a % of their daily profits, there is no way for us to check it's correctness. Basically it is a luck of the draw scenario, and we can only hope for prolonged play time, and a profitable day for them, to see any value from it.
So, from my experience, my personal opinion is I have to say that I am no longer seduced by VS's 25% cash back claim. It's too hit and miss for me, and if you are on a losing streak like I have been, then you've obviously got no chance of getting any worthwhile compensation from it, regardless of the size of your deposits. If you're winning, then you can expect value, and a larger cash back portion, however, if you're winning, provided you cash out like a smart human being whilst your up (yes, personal jibe), then you hardly really need the compensation it provides. These are the key points imo, in determining it's true value as a much hyped promo, and obviously my pick is pro comps.
Like I said, this is not to sledge VS, but I thought the cash back vs. comps debate is a worthy topic, and found it interesting, as many praise VS's promo. Yet on further reflection, I feel once the dust has settled, it stands out to me that the comps avenue is much more beneficial to players. It should also be noted that most of the promo's fans, are those who have had a winning session, hence they get a large piece if the cash back pie. I was also one of these early advocates for this reason, before realizing exactly how it works as a compensation measure.
I'll close with this; I have never made a withdrawal at VS ever, and have amassed a total of approximately $650 in compensation from the cash back and races offer since joining in Feb 2014.
I joined Guts at the same time, have made multiple withdrawals, and have amassed close to double that amount in comps.
Amazingly, I most recently joined Leo Vegas last month, and have already amassed approximately $600 in comps.
I have deposited almost equal amounts at Guts and VS, and a quarter of that amount at Leo Vegas.
So what is your opinion? Overrated gimmick, or legitimate beneficial compensation for losing players? Interested to hear your thoughts.
**Special Note: I less regularly deposit smaller amounts at Bgo and Betat, yet am always offered a small comp after every losing deposit regardless of size. Credit where it's due.
I was originally a big supporter of VS when they first started their BOF, and initially thought the cash back offer was a good one. In the first month I played there I deposited approximately $5,000, and received a huge cash back figure of approx. $470. Sounds great on paper, but what must be taken into consideration was that on my very first deposit, I had built my balance up to $7,000, and then in my own stupidity, I lost it all. No arguments there, as I was accountable for the loss, however I'm sure that first session had much to do with that first monthly cash back figure I received.
The following couple of months I continued to deposit quite regularly, however I could never replicate that first session, and loss most deposits very quickly one after another. Of course my cash back rewards also dwindled down, and without the exact figures in front of me, it was something along the lines of, 2nd month - $29, 3rd month - $12 etc.
Now this wasn't a huge issue, as although I could never win more than my original deposit, Lucas was always on hand to grant a losers comp to have another try, and seeing as I was losing $200 deposit after $200 deposit, this was a nice gesture to keep me continuing to deposit despite my losing streak.
Fast forward to present time, and it would seem that now VS has passed the BOF, Lucas is more reluctant to offer any comps, and prefers to direct players attention to the fact that there is cash back waiting in the wings. Of course Lucas and VS are well within their rights to do this, as comps are a goodwill gesture and not a necessity. Once I realized VS was no longer giving out comps, I decided to close my account, and stick with casinos that do, as I didn't feel I was getting much value from the cash back offer compared to the deposits I was making. As I was also losing my deposits very quickly, I also wasn't getting much value from the races due to minimal spins from those quick losses.
Now fast forward to yesterday, and as I was having trouble depositing at my favourite site, I decided to try VS again, as I know they do AUD transactions, and I reopened my account and deposited $190. Predictably, I lost it all in a blink of an eye, with no features and no wins. Tough break, but nothing I'm not use to, case in point I had just lost $800 at Leo Vegas just prior.
Now this is where my question as to whether VS's cash back offer is overrated comes into play. I thought my quick loss and the modest amount deposited, was worthy of asking Lucas for a comp, as I knew from my quick play time I wouldn't have much to expect from the promos they offer. Lucas' response was yet again 'no' to a comp, and again he politely told me that I could pleasantly look forward to my cash back, which would appear soon.
Fast forward to today, and my cash back amount in waiting is a huge $3.50! Lucky me, lol.
Now, there's no question in my mind, that if this was at Guts or Leo Vegas, and I had loss that amount that quickly, Ben or Olle would grant me a $35 - $50 comp (they've been known to credit me much more, like $90 from Olle recently) without a second thought. I still find VS's terms regarding the cash back very vague, as in there is no way for a customer to calculate it, and as it is a % of their daily profits, there is no way for us to check it's correctness. Basically it is a luck of the draw scenario, and we can only hope for prolonged play time, and a profitable day for them, to see any value from it.
So, from my experience, my personal opinion is I have to say that I am no longer seduced by VS's 25% cash back claim. It's too hit and miss for me, and if you are on a losing streak like I have been, then you've obviously got no chance of getting any worthwhile compensation from it, regardless of the size of your deposits. If you're winning, then you can expect value, and a larger cash back portion, however, if you're winning, provided you cash out like a smart human being whilst your up (yes, personal jibe), then you hardly really need the compensation it provides. These are the key points imo, in determining it's true value as a much hyped promo, and obviously my pick is pro comps.
Like I said, this is not to sledge VS, but I thought the cash back vs. comps debate is a worthy topic, and found it interesting, as many praise VS's promo. Yet on further reflection, I feel once the dust has settled, it stands out to me that the comps avenue is much more beneficial to players. It should also be noted that most of the promo's fans, are those who have had a winning session, hence they get a large piece if the cash back pie. I was also one of these early advocates for this reason, before realizing exactly how it works as a compensation measure.
I'll close with this; I have never made a withdrawal at VS ever, and have amassed a total of approximately $650 in compensation from the cash back and races offer since joining in Feb 2014.
I joined Guts at the same time, have made multiple withdrawals, and have amassed close to double that amount in comps.
Amazingly, I most recently joined Leo Vegas last month, and have already amassed approximately $600 in comps.
I have deposited almost equal amounts at Guts and VS, and a quarter of that amount at Leo Vegas.
So what is your opinion? Overrated gimmick, or legitimate beneficial compensation for losing players? Interested to hear your thoughts.
**Special Note: I less regularly deposit smaller amounts at Bgo and Betat, yet am always offered a small comp after every losing deposit regardless of size. Credit where it's due.