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50% and 50x wagering?

Discussion in 'Online Casinos' started by lockinlove, Apr 18, 2017.

    Apr 18, 2017
  1. lockinlove

    lockinlove Staring into the sun PABaccred

    Occupation:
    I work :D
    Location:
    Canada
    With fortune lounge I never get any sort of bonus, Its always like 10% or 30% if I deposit $500 or more.

    Today I am offered a 50% reload with 50x wagering.

    I have been offered this a few times before (probably 8) and taken it and made it probably with 75% success rate. I obviously got lucky and it was mainly from a really good hit and then staying even for awhile.
    Anyways, what do you guys think of this offer. Is it worth taking or smart?

    I would deposit $500 and get $250 bonus

    $250 x 50x wagering which is $12,500 wager.

    No max cashout or max bet rules and no restricted games and its all microgaming slots
     
  2. Apr 18, 2017
  3. Jasminebed

    Jasminebed Closer to 100 than Birth

    Occupation:
    Not in workforce
    Location:
    Ontario
    I wouldn't take it, 50x bonus is simply too high. Maybe if it was some huge offer, 200%, might be worth a toss, but even then it's not great IMO.

    at 3% loss expected on $12,500, that's $375 you should lose of your $750 start balance, so you are worse off than with a straight up cash deposit. And not all the slots pay back 97% either.

    Mind you, if they allow table games at full weight, jump all over it!
     
  4. Apr 18, 2017
  5. Steviedoo

    Steviedoo Senior Member

    Occupation:
    Writer
    Location:
    South
    Doesn't fortune lounge give you the opportunity to cash out your money even if wagering is not met....You forgo 50% of the winnings and bonus is gone. Do I have that right?

    Anyway I don't take bonuses anymore, I don't like the stress of meeting the wagering. i used to be a bonus hog.....completely addicted....
     
  6. Apr 18, 2017
  7. lockinlove

    lockinlove Staring into the sun PABaccred

    Occupation:
    I work :D
    Location:
    Canada
    Im not sure. I know that I have asked support before if I can forfeit my bonus and they said no I must fulfill all wagering but I also know their support isnt very good either. maybe ill pm the rep and ask her
     
  8. Apr 18, 2017
  9. KasinoKing

    KasinoKing WebMeister & Slotaholic.. CAG MM PABnonaccred webmeister

    Occupation:
    House-Husband and Casino Advisor
    Location:
    Bexhill on sea, England
    As it's only the bonus x50, then it's not too bad (still too high for my liking).
    If it was (Deposit + Bonus) x50 then it would be extra long barge-pole time! :p

    KK
     
  10. Apr 18, 2017
  11. Valhalla

    Valhalla The Professional MM

    Occupation:
    Poker Player
    Location:
    Northern Ireland
    I don't get why, if you're willing to deposit $500 to begin with, you'd be arsed taking an extra $250 and tying yourself down to that much wagering :confused:
    Why not just make your deposit and play? You're already starting off with a healthy balance, I wouldn't give the casino the satisfaction of owning my deposit for any length of time ;)
     

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