AN UNUSUAL T&C
31 July 2009
Wagerthroughs to earn a bonus are one thing,
but this.....?
Many players were scratching their heads this week over
an unusual T&C at an online bingo and casino gaming
venue: it calls for a 15x playthrough requirement before
any withdrawal is allowed - whether the player has taken
a bonus or not!
In fairness to RTG-powered Saturn
Bingo.com, the owners - Saturn Gaming of Berkshire in
the UK - are upfront about their business model. It's
all there in the T&Cs, which reinforces the the habitual
advice to newbies given by experienced online punters -
always read the T&Cs before handing over your cash.
The CEO of the company, who identified himself only
as "James", confirmed by email this week that the
playthrough measure was in force regardless of whether
incentives had been taken by a player, commenting in an
email to a player posting about the issue on the
Casinomeister information portal:
"Wagering
requirements on your cash deposit are primarily in place
to protect our business from the high level of fraud
directed toward online gaming sites, and from which no
protection or accountability is accepted by either the
issuing banks , ewallet or credit card companies.
"As a business we need to have policies in place
that limit our liability in relation to processing
fraud, requiring player turnover is a procedure that in
a small way helps us do that."
The Saturn Bingo -
it bills itself as "America's Favourite Bingo!" -
executive goes on to give advice that is particularly
sound regarding his operation:
"Its always best
to read a site's polices before deciding to make a
deposit and play, perhaps this site is not for you, but
we are a long standing and respected player in online
gaming and make every effort to accommodate our players,
however player turnover requirements, however erroneous
they may seem, is an area that we require our players to
conform to."
Other helpful hints in the T&Cs show
that players should be prepared to accept 2 weeks
processing time for cashouts and minimum withdrawal
limits of $100. As one player commented: "They dont have
to worry about money laundering because there isn't
going to be much to launder after wagering 15x your
deposit. These have got to be some of the most predatory
terms I have ever seen."
Players who click the "I
accept" button on the T&Cs without reading the document,
and win without taking a bonus will be confronted with
these requirements.
It is not known whether this
is a group-wide policy although that would seem likely,
therefore it's worth noting that other websites owned by
Saturn Gaming include:
Athenabingo.com
Aztecbingo.com Bingoisle.com Bingomalti.com
Koalabingo.com Lowlimits.com Starbingo.com
Online Casino News Courtesy of
Infopowa
More news here.
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