How many times, while playing with a bonus, have you won a decent amount at the beginning of the session and been stuck with wagering?
What if Casino's could offer an option of an early surrender value?
Obviously It wouldn't be the full value of your balance. But surely someone could write an algorithm to work out a surrender value, taking into account how much was left to wager, the chances of completing wagering, the chances of increasing the balance by placing with higher stakes (now your bankroll is bigger), previous playing patterns and stake to balance ratios
Last week i took a 50% bonus on £60 at 32Red, and while playing IR my balance increased to £550 with about 80% of wagering to go, I'd have been quite happy to 'cut a deal' and take, say £250 and walk away (it's still a decent profit on a £60 deposit). As it is, I completed the wagering with a balance of about £375. So 32Red could have potentially saved £125 and I'd have been just as happy with £250 as £375.
another example. In April I took a 50% bonus on £60 at Energy casino, again, bumped my balance up to £500, then hit a £500+ bonus round on IR giving me a balance of over £1000, still with a huge wagering to go. So, having to carry on because of the wagering, I upped my stakes a little and eventually hit an £1100 bonus round on JP, my balance then stood at around £1500. Now my balance was high enough to start playing at £3 a spin on TSII and IR. Unfortunately I didn't hit any more huge wins, but the potential was always there. I did however complete the wagering and withdrew £1800.
Once my balance had hit £1000, I'd have been quite happy to have surrendered the bonus for £500-£600 settlement, but as it is I was forced to carry on because of the wagering, and the casino would have saved £1300.
I know about the sites who offer early withdrawals, if you haven't touched the bonus money.
But these work more like a second chance / cash-back, since in order to avoid going into the bonus you really need to forget about the bonus money and play with stakes appropriate to the cash balance only.
Obviously bonus experiences aren't all as positive, and the idea is just off the top of my head. I haven't done any kind of calculations or any deep thinking into it. It's just an idea and a topic of possible discussion
What if Casino's could offer an option of an early surrender value?
Obviously It wouldn't be the full value of your balance. But surely someone could write an algorithm to work out a surrender value, taking into account how much was left to wager, the chances of completing wagering, the chances of increasing the balance by placing with higher stakes (now your bankroll is bigger), previous playing patterns and stake to balance ratios
Last week i took a 50% bonus on £60 at 32Red, and while playing IR my balance increased to £550 with about 80% of wagering to go, I'd have been quite happy to 'cut a deal' and take, say £250 and walk away (it's still a decent profit on a £60 deposit). As it is, I completed the wagering with a balance of about £375. So 32Red could have potentially saved £125 and I'd have been just as happy with £250 as £375.
another example. In April I took a 50% bonus on £60 at Energy casino, again, bumped my balance up to £500, then hit a £500+ bonus round on IR giving me a balance of over £1000, still with a huge wagering to go. So, having to carry on because of the wagering, I upped my stakes a little and eventually hit an £1100 bonus round on JP, my balance then stood at around £1500. Now my balance was high enough to start playing at £3 a spin on TSII and IR. Unfortunately I didn't hit any more huge wins, but the potential was always there. I did however complete the wagering and withdrew £1800.
Once my balance had hit £1000, I'd have been quite happy to have surrendered the bonus for £500-£600 settlement, but as it is I was forced to carry on because of the wagering, and the casino would have saved £1300.
I know about the sites who offer early withdrawals, if you haven't touched the bonus money.
But these work more like a second chance / cash-back, since in order to avoid going into the bonus you really need to forget about the bonus money and play with stakes appropriate to the cash balance only.
Obviously bonus experiences aren't all as positive, and the idea is just off the top of my head. I haven't done any kind of calculations or any deep thinking into it. It's just an idea and a topic of possible discussion