1. By continuing to use the site, you agree to the use of cookies .This website or its third-party tools use cookies, which are necessary to its functioning and required to achieve the purposes illustrated in the cookie policy.Find out more.
    Dismiss Notice
  2. Dismiss Notice
  3. Follow Casinomeister on Twitter | Facebook | YouTube | Casinomeister.us US Residents Click here! |  Svenska Svenska | 
Dismiss Notice
REGISTER NOW!! Why? Because you can't do diddly squat without having been registered!

At the moment you have limited access to view most discussions: you can't make contact with thousands of fellow players, affiliates, casino reps, and all sorts of other riff-raff.

Registration is fast, simple and absolutely free so please, join Casinomeister here!

5000% Deposit Bonus (Explanation Wanted)

Discussion in 'Online Casinos' started by X-Raided, Nov 25, 2014.

    Nov 25, 2014
  1. X-Raided

    X-Raided I'm Beetlejuice Baby! PABinit

    Occupation:
    Philanthropist
    Location:
    Globe-Trotter
    I don't understand why a deposit bonus like this exists and who in their right
    mind would take on this challenge, other than getting MAJOR playtime. But if
    that's the case, why not just play for fun?

    I'm definitely not the best at math, but according to this, the minimum deposit is $50.

    $50 X 5000% is $2,500 starting balance. Play-through on this is 75 X deposit & bonus putting
    the total play-though at a whopping $191,250. :eek::eek::eek: and that's JUST on the minimum deposit.

    So, I would like for you guys to read the terms and conditions (especially with the red stars next to it)
    and explain how someone could withdraw from this ridiculous deposit bonus. Also, even if the wagering requirement
    is made, what the stipulations are before getting your withdraw approved.

    5000% Deposit Bonus (Explanation Wanted): Whatthelll.jpg,Nov 25, 2014
     
    Last edited: Nov 25, 2014
    1 person likes this.
  2. Nov 25, 2014
  3. maphesto

    maphesto Ueber Meister CAG MM webmeister

    Location:
    Sweden
    It's infact very easy to understand. They have created this bonus for the ones who really want a long playtime and still have the chance to win.

    Since the bonus isn't cashable it's quite understandable that the amount when WR is met has to be larger than the bonus.

    To sum it up, if you want to play with this HUGE bonus you have to read the rules. If you do so, you can play for weeks! :)
     
    6 people like this.
  4. Nov 25, 2014
  5. homerbert

    homerbert I-Gaming Industry Representative webby

    Occupation:
    nothing :)
    Location:
    middle of Europe!
    so what the question? :)
     
    1 person likes this.
  6. Nov 25, 2014
  7. X-Raided

    X-Raided I'm Beetlejuice Baby! PABinit

    Occupation:
    Philanthropist
    Location:
    Globe-Trotter
    Yeah, I thought about that being the case. HUGE play time with a very small chance at winning.

    So, another question would be, has anybody ever took on a challenge like this and succeeded with a withdraw?

    Also, what does "the maximum cash-out of 0.25 times the bonus applies" mean?
     
  8. Nov 25, 2014
  9. gagamel

    gagamel Professional smurf hunter MM

    Occupation:
    Care Manager
    Location:
    Switzerland
    I like the bonus if I want to have a long playtime. And I was able to make a cashout more than once.

    It`s a great deal for people who want to play and don`t want to spend a lot of money.

    Nothing wrong with it I think:)
     
    3 people like this.
  10. Nov 25, 2014
  11. Googobucs

    Googobucs Meister Member

    Occupation:
    IT Manager
    Location:
    Florida, USA
    Yes. More than once.
    Same with the 2000%

    I was spinning for days and it was quite fun.
     
    5 people like this.
  12. Nov 25, 2014
  13. spoton

    spoton Senior Member webmeister

    Occupation:
    Student
    Location:
    Right behind you
    5000% of 50 aint 250 000. It is (5000/100)*50=2500

    As others has explained it is probably so you can have some good playtime, and still have a chance of a profit.
     
    2 people like this.
  14. Nov 25, 2014
  15. X-Raided

    X-Raided I'm Beetlejuice Baby! PABinit

    Occupation:
    Philanthropist
    Location:
    Globe-Trotter
    Thanks Spoton. Told ya I'm bad at math :oops: Corrected.

    So what would be the MAXIMUM amount that one can withdraw after all is said and done with a $50 deposit?
    Is it $637.50?

    I MAY have to give this a shot if some of you guys have indeed had success with it.
     
  16. Nov 25, 2014
  17. paul7388

    paul7388 Meister Member MM

    Occupation:
    not a lot
    Location:
    glasgow scotland
    Max withdrawal is 1/4 bonus so would be $625 of a $2500 bonus
     
    1 person likes this.
  18. Nov 25, 2014
  19. spintee

    spintee Meister Member webby mm2

    Occupation:
    gambler :)
    Location:
    Northants
    I had a really good look at theses rules and bonuses last week, Its really to give you some play time and a challenge, I took a big bonus out the other day to try on a 30 deposit and get 2500, Busted out in no time, max bet like £27, If taken a bonus over 1000% than theres no max bet rule but double check as not sure if all sites are the same,

    I have had longer play time of £10 deposits :eek: on MG,

    Only trouble is that no where could you see your playthrew? Only if you had a bonus, So if any person can update me on this as I might of missed something
     
  20. Nov 25, 2014
  21. brianleeporter

    brianleeporter Experienced Member

    Occupation:
    Butcher
    Location:
    liverpool-England
    Well worth a try!

    If you want plenty of playtime plus probably try every single slot on the site haha!

    Might try an give it a go!
     
  22. Nov 25, 2014
  23. bigjohn

    bigjohn Meister Member MM PABnoaccred

    Occupation:
    Swimming Pool Serviceman
    Location:
    Northeast Coastal USA
    I haven't played Rival in a while but I believe you can see your playthrough by attempting to initiate a withdrawal. The system will say you cannot withdraw at this time and your current and target playthrough, I believe, will be displayed.
     
    1 person likes this.
  24. Nov 25, 2014
  25. dunover

    dunover Unofficial T&C's Editor Staff Member CAG PABnononaccred PABnonaccred PABinit mm3 webmeister

    Occupation:
    International Money Launderer
    Location:
    the bus shelter, opposite GCHQ Benhall
    It's a long-shot terrible bet. Reading the terms, basically you are betting $50 in order to withdraw a max $625, so in betting terms odds of 11.5-1 plus your bet back if you are successful.

    At a RTP of 95% (and I'd guess it's less on this site, depending on the math model they use from the software) it's a massively EV----- shot, and the rewards are little compared to the time it would take you.

    In reality it's a clever way of selling you play chips for $50 or whatever you deposit, while be able to describe it as 'real gambling'.

    At one time Tropica had a 10,000% similar offer whereby you could cash $100k out? (but ONLY 100k) if you made it, a long-shot too but at least with a better possible reward than a poxy $625.

    If the greedy lemmings swallow this nonsense and deposit without reading the terms because they see the dollar signs and nothing else, then these 'offers' will continue.
     
    3 people like this.
  26. Nov 25, 2014
  27. gagamel

    gagamel Professional smurf hunter MM

    Occupation:
    Care Manager
    Location:
    Switzerland
    I don`t think you have the authority to tell the rest of the world what gambling is.

    50 deposit and you can cash out 625. It`s 12.5x my deposit. Not too bad for a bonus. Here are RTG casinos who sells you 100% bonuses with a cap of 5x your bonus.
     
  28. Nov 25, 2014
  29. dunover

    dunover Unofficial T&C's Editor Staff Member CAG PABnononaccred PABnonaccred PABinit mm3 webmeister

    Occupation:
    International Money Launderer
    Location:
    the bus shelter, opposite GCHQ Benhall
    Eh? I think something got lost in translation here. I am not 'telling' the rest of the world, merely expressing an opinion about such offers in which you must unravel the true gamble taking place as opposed to the way it is presented.

    12.5x deposit is bad considering there are many unlimited SUB offers about, especially as the true odds are astronomically in excess of the 12.5-1 which you seem to find attractive.
     
    3 people like this.
  30. Nov 25, 2014
  31. KasinoKing

    KasinoKing WebMeister & Slotaholic.. CAG MM PABnonaccred webmeister

    Occupation:
    House-Husband and Casino Advisor
    Location:
    Bexhill on sea, England
    One very important thing to remember with these bonuses is the the maximum bet on the slots is VERY low compared to your starting balance.
    When I last played it the MOST I could bet was €25/spin on some slots, others were €10 - $12.50 and some as low as $2!

    Also be careful to check what the maximum allowed bet with bonuses is - it COULD be less than $25.
    (I haven't looked recently).

    This bonus is what it is - it appeals to some people, and is ridiculous to others - no-one is forcing anyone to take it!
    As the Tropica Rep has pointed out many times, this is only one of many bonuses that may be available at any given time, there are probably others available with more "sensible" terms.

    KK
     
    5 people like this.
  32. Nov 25, 2014
  33. pottsy67

    pottsy67 Dormant account PABinit

    Occupation:
    n/a
    Location:
    wolverhampton
    It's designed to get players hooked. They make very little whilst you trudge thru the ridiculous wr, so why do they tie up so much playtime for such a small profit?

    It's because they want you to enjoy yourself was mentioned earlier :eek2:

    Guess again.
     
  34. Nov 25, 2014
  35. weesie

    weesie Ueber Meister

    Occupation:
    retired
    Location:
    Old bag lady with a laptop
    The wagering points racked up would/could be huge...... too bad..... you don't get them either.
     
    2 people like this.
  36. Nov 26, 2014
  37. FAZI1

    FAZI1 Experienced Member

    Occupation:
    worker
    Location:
    Punta Cana
    This promotions mayby can be good for players who like a lot play time and fan - only if they not set up rule abaout max allowed bet. If they set up max bet allowed if player play with bonus very low like 6.25 $ or something like this then you have 0 % chance to make wagering and cashauts 0.25 % starting bonus bonus amount.

    Sticky bonus big wagering 75 x deposit + bonus + rule with very low max bet + very low bets set up in most slots = 0% chance to win - Player put real money and got Fun Money and play like a fun mode.

    Without rule abaout max bet allowed this can make sens ( but with low max bet allowed - Is realy poor promotions.

    Of corse they always can dealted rule abaout max bet for players playing with bonus but they set up casino slots to possible bet only low amount and will be same....

    So sumary player make deposit 50$ got 2550$ need make wager 75 x deposit + bonus need wager 191 250$ and need finish with minimum with 2 x starting amount so minimum 5100$ in accont after wager using only Low and medium bets becose - they set up maximum allowed bet low, if you beting high you broke rulez - or system dont allowed you beting high becose they change mosts slots to only low and medium bets allowed .

    If somone make all this wagering using low and medium bets then can withdrawal 625$ .... so 12 x deposit amount.

    So mayby people shoud open fun money sesion on some casino will be same?( but for free) Or if somone wonna real gambling then colect some 400% bonus in Lucky Red rtg and play without max cashuts or 250% bonus in Playgrand Net ent and same play without max cashauts in web is a LOT very good masive bonuses 200-400% (no to good to be true 5000%) from small deposit 20$ up to ..... -> all without max cashuts rule .
     
  38. Nov 26, 2014
  39. Refilliates Casinos

    Refilliates Casinos Dormant account webby

    Occupation:
    Refilliates Brands Casino Manager
    Location:
    Rival Powered
    Hi guys,

    Did not want to multi-quote as it would be a long post. I hope I address everyone's questions here:

    • The 5000% is for those who only have a budget of $50 for the month. These folks get to gamble for 3 weeks and stand a chance to cashout. Yes, the wagering is high, but we are giving 5000% extra.
    • As KasinoKing says: We have daily offers ranging from 50% to 8333% - it is the only way to cater to everyone's needs and style.
    • We had a 10,000% bonus at 1 point, but not with a Max Cashout of 100k (that was Da Vinci's Gold).
    • On a 50 deposit, the Max Cashout on this offer is 675 (0.25 x the bonus + deposit).
    • We don't display numeric values for playthrough, but we do display alphabetic text which advises if wagering is complete or not. You can view it by clicking on your Current Promotion in the cashier and scrolling to below the terms and conditions.
    • FTR: we do not see our customers as lemmings. It's your money and you get to choose how you spend it. We try and make that decision easier by giving you options and relevant information upfront.
    All the best,
    Dieter
     
    2 people like this.

Share This Page