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Bonus takers, Is this worth me trying?

Discussion in 'Online Casinos' started by Casino2014man, Oct 6, 2015.

    Oct 6, 2015
  1. Casino2014man

    Casino2014man Non-Gambler

    Occupation:
    Noneya
    Location:
    United Kingdom
    After you have made your first deposit, and provided that your deposit is equal to or greater than €/£/$/AUD/CAD 20, you will receive a 200% Match Bonus of this deposit (the "Match Bonus") up to €/£/$/AUD/CAD 60.

    This bonus need to be wagered 35 (Thirty five) times the Bonus plus deposit amount before the Bonus Balance can be converted to your real money balance.

    What are my chances of succeeding? I feel like taking a bonus soon... Feeling adventurous!
     
  2. Oct 6, 2015
  3. barbara12

    barbara12 Senior Member

    Occupation:
    Retired
    Location:
    Canada
    Well the one lesson I have learned is not to take a bonus if it ties in your real money. You might have a nice hit only to find out you cannot withdraw. I love bonuses too but will not take them anymore if there is no chance of withdrawing should you have an early win (happened to me too many times to count).
     
    1 person likes this.
  4. Oct 6, 2015
  5. goatwack

    goatwack Praise the Sun! CAG

    Occupation:
    Stuntman
    Location:
    Londonia
    Wouldn't touch it with a bargepole, perhaps if it were a 100% match but at 200% and the unenviable task of clearing the bonus + deposit I would steer well clear. Barring an early miracle you would never clear that wagering :(
     
  6. Oct 6, 2015
  7. brianmon

    brianmon Meister Member webby mm4

    Occupation:
    self-employed
    Location:
    uk
    It' not unreasonable £3150 WR, for a starting balance of £90 (assuming you deposit £30, to get the full £60 bonus). I've managed to clear lager WR.
    But it also depends on the games. If it's NetEnt, MGS, etc. I'd say you've a good chance.
     
  8. Oct 6, 2015
  9. Casino2014man

    Casino2014man Non-Gambler

    Occupation:
    Noneya
    Location:
    United Kingdom
    Mixed opinions so far then.. :oops:

    If I did go for it, any slot recommendations ;)
     
  10. Oct 6, 2015
  11. goatwack

    goatwack Praise the Sun! CAG

    Occupation:
    Stuntman
    Location:
    Londonia
    You're not going to clear £3k doing low variance games so unfortunately it might have to be..........DOA. At least if you hit a biggie you can up bets or move onto something else.

    Georgie Porgie

    Any of the older 9- liners

    Anything high variance to boost your balance. Playing Bloodsuckers ain't gonna do it! But do as you see fit, I am sure there are other suitable games :thumbsup:
     
    1 person likes this.
  12. Oct 6, 2015
  13. spoton

    spoton Senior Member webmeister

    Occupation:
    Student
    Location:
    Right behind you
    Personally I'd go for it. It might give you the opportunity to bet a bit higher than you normally do, and if you are lucky maybey you can hit a nice win.

    Give the MG 243 liners a try?
     
  14. Oct 6, 2015
  15. 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 an EV- proposition. At 96% you would lose 126 wagering 3150 of spins assuming the 30+60 scenario. So on average the player will be -£36 therefore bust at about 2250 of 3150 WR completed. So you would get to around 71% of WR.:cool:
     
  16. Oct 6, 2015
  17. Wild Reels

    Wild Reels Meister Member webmeister

    Occupation:
    IT
    Location:
    United Kingdom
    if i was going to take a 200% bonus i'd do it on dead or alive at 0.45 spins, if you get a major hit the wagering becomes a non issue. if you bust out at least 2/3's of it wasnt your money :d
     
  18. Oct 6, 2015
  19. Harry_BKK

    Harry_BKK Senior Member CAG mm1

    Occupation:
    job is OK
    Location:
    Balcony
    To be honest i can't be bothered anymore with bonuses that tie down your cash balance.

    - If i take bonuses i do it at Bet-AT, Slotty or Mr. Green, where i can always withdraw if i have not touched my bonus balance. :thumbsup:

    - If i want to make straight deposits it is Bet-AT and Videoslots. I won't even register at new casinos anymore, very happy with those, especially Bet-AT :thumbsup: :D

    On top at Bet-AT you don't get penalized if you bet higher than the 6.50 EUR when wagering. In thise cases only 6.50 counts towards the wagering, hence you can go big whenever you feel like. :thumbsup:

    And then WR of 50 x B or 35 x D+B is just too much to sit there and hope it will all go well. :rolleyes: :eek:

    If my gaming kitty is low on funds i do take very rarely a 50% or 100% at Next, Energy, 32RED or RV. The WR there are at least still in the normal range and also extend my gameplay.

    To manage such high WR you can only hope a high variance slot is giving you a 1000+ win or you hit constantly 50-100+ wins. Other than that it is a sure bust.

    Good luck :lolup:
     
    5 people like this.
  20. Oct 6, 2015
  21. MightyDuck

    MightyDuck Experienced Member

    Occupation:
    electrical engineer
    Location:
    €urope
    The EV will never be below zero because the bust will save you from that. Generally speaking bonuses with d+b are bad for the player (depending on the bonussystem) while it can be good if you are able to withdraw the cash-part of your balance. The WR are not insurmountable it might be worth the try. Use high variance games to build up a healthy balance is crucial. If you don't like to bust you shouldn't try.
     
    2 people like this.
  22. Oct 6, 2015
  23. Casino2014man

    Casino2014man Non-Gambler

    Occupation:
    Noneya
    Location:
    United Kingdom
    Also, just seen..

    The following Video slots will be excluded from playing with Bonus balance: Blood Suckers, Dead or Alive, Kings of Chicago, Devil's Delight™, Mega Joker, The wish Master, Champion of the Track, Robin Hood, pearls of India, Tower Quest, Scrooge and Jackpot 6000.*
     
  24. Oct 6, 2015
  25. KasinoKing

    KasinoKing WebMeister & Slotaholic.. CAG MM PABnonaccred webmeister

    Occupation:
    House-Husband and Casino Advisor
    Location:
    Bexhill on sea, England
    If you really want a bonus - why don't you look for some with much more reasonable WR?
    I don't think I've ever taken one that high!

    Unless you've already played at just about all the decent casinos - I'm sure you can find some with much more reasonable terms: as low as Bonus (ONLY) x30 to x40.

    KK
     
    1 person likes this.
  26. Oct 6, 2015
  27. Harry_BKK

    Harry_BKK Senior Member CAG mm1

    Occupation:
    job is OK
    Location:
    Balcony

    So super high wagering and excluding slots......i wouldn't touch it. No thanks
     
  28. Oct 6, 2015
  29. Casino2014man

    Casino2014man Non-Gambler

    Occupation:
    Noneya
    Location:
    United Kingdom
    Yeah

    After going through this thread I will give it a miss, I will take KKs advice and see if I can find somewhere with a better one :eek2:

    Had DOA been allowed, I may have considered.

    It was casinocruise ;)
     
  30. Oct 6, 2015
  31. Harry_BKK

    Harry_BKK Senior Member CAG mm1

    Occupation:
    job is OK
    Location:
    Balcony
    Good decision. I registered at CC and made my 1st deposit before reading the small print. Never deposited again.

    Try one of these :
    CasinoLuck, Next - monthly 50% up to 200/300 - WR 13 x D&B
    Energy - weekly 50% match up to 100 - WR 30 x B
    Betat - deposit 100 get 50 Superspins on Magic Portals
     
    2 people like this.
  32. Oct 6, 2015
  33. 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
    EV- simply means in our terms that a bonus on average will take more credits to convert than the total credits of the bonus or bonus+deposit. In other words in theory your bonus will be on average negative after playing enough spins to completer WR.
     
  34. Oct 6, 2015
  35. 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
    Psssstt....a little tip. If in need of a WR and the casino has the game 1429 Uncharted Seas by Thunderkick it has a RTP of over 98%.....;);)
     
    3 people like this.
  36. Oct 6, 2015
  37. MightyDuck

    MightyDuck Experienced Member

    Occupation:
    electrical engineer
    Location:
    €urope
    What do you mean "in our terms"? In mathematical terms the expected value of your play will be between 0 and quasi infinite depending on TRTP and variance of the underlying slots. You can not just deduct WR multiplied with TRTP from the starting balance.

    If you are interested in it you can run a simulation in your excel programming a simplistic slot with 3 possible outcomes. For instance bet (B) B=1; possible outcome (X); X=0 {p=0,9}, X=5 {p=0,09}, X=50 {0,01}. Slot RTP would be 95% in this case. You will see the result will not be -36£.
     
  38. Oct 7, 2015
  39. 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
    So you run a simulation where the probabilities are no win 90% of the time. It has a 95% TRTP. I was working on 96% and secondly assuming a long-term average. Of course it won't be exactly -£36 after the required spins but the long-term average would be near exactly that at 96% whatever the variance of the game.

    I was attempting to explain the average outcome in basic terms, rather than baffling the OP with BS and starting a mathematical pissing contest.:)

    I could simply reverse your example and make a slot with zero variance: B=1; X=0,96 {P=1,0} :rolleyes:

    I used the negative figure -£36 to demonstrate how poor a proposition the bonus is, to put it in perspective. I agree with those above that the best way to tackle this is by trying for a big win on a high-variance game which if enough would make WR moot.
     

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