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CanBet Goes Microgaming...But...$500K win limit!

Discussion in 'Online Casinos' started by AussieDave, Nov 15, 2007.

    Nov 15, 2007
  1. AussieDave

    AussieDave Dodgy whacko backstabber

    Occupation:
    Gaming SEO Specialist & Casino Webmaster
    Location:
    Australia
    Hi,

    The T&C's for CanBet (Canbet Casino Legal Information) seem a bit odd:

    xxxhttp://www.canbet.com/casino/casino-help-main.aspx
    (remove x's)

    "3. Maximum winnings. The amount that any one idividual or group deemed to be acting in concert are eligible to win in any one calender day (GMT) is limited to $500,000 US Dollars. Winnings over this amount will be void."

    Does this mean if you win a Jackpot like Mega Moolah they'll only pay out $500,000US?

    I don't know of any other MG casino that places a limit on winnings. Hence the reason I posted this.



    Cheers

    Trezz
     
  2. Nov 15, 2007
  3. ugaboga

    ugaboga Casino Addict

    Occupation:
    Information Technology, Day Trader
    Location:
    Australia
    Interesting. Quite poor for a bookmaker their size...:eek2:
     
    1 person likes this.
  4. Nov 15, 2007
  5. Slotster!

    Slotster! I predict a riot. CAG

    Occupation:
    al Hazard
    Location:
    Location, Location!
    Bet it doesn't include progressives, and it'd be pretty spectacular if you could somehow win more than that any other way at a MG casino in one day!!!

    Remember progressives are paid out from an MG central pool... They're just limiting their own liability for insurance purposes no doubt.
     
  6. Nov 15, 2007
  7. shjcard

    shjcard Experienced Member

    Occupation:
    Retired
    Location:
    Cardiff, UK
    I tried to log into there as I have an account. I kept getting problems with loading the MG as Live help says it has the validation code has intermittent problem.

    I eventually got into my account but could not pass the reg form, which I then filled in, it said "YOU HAVE AN ACCOUNT" so after playing merry go rounds for a while I gave up and withdrew my deposit.
     
  8. Nov 15, 2007
  9. Casinomeister

    Casinomeister Forum Cheermeister Staff Member

    Occupation:
    Homemaker
    Location:
    Bierland
  10. Nov 15, 2007
  11. tristan727

    tristan727 Banned user - violation of <a href="http://www.ca

    Occupation:
    credit manager
    Location:
    London
    Was this $500k rule in place though when it was an RTG? They haven't updated much on their website since the switch...ie. their current weekly promo - a generous 35%, 80-something x bonus on slots only - was there when it was an RTG...none of the usual '25% of wagering on roulette counts towards the bonus' MG stuff.
     
  12. Nov 15, 2007
  13. alfred666

    alfred666 Experienced Member

    Occupation:
    consultant
    Location:
    online
    > Bet it doesn't include progressives, and it'd be pretty spectacular if you could somehow win more than that any other way at a MG casino in one day!!!

    @Slotster, I guess you are right with regards to the progressive, for the reasons you gave.
    However, there are players climbing up to and exceeding the $500k win range on MG, without ever hitting a progressive.
    I have heard of one case recently, although this wasn't achieved in one single day, but over several (but few) days.

    If they want to limit their liability/exposure they should rather reduce the max bet sizes than limiting the max win through the T&Cs.

    my 0.02
     
  14. Nov 15, 2007
  15. SlotsWizard

    SlotsWizard Dormant account webmeister

    Occupation:
    I currently work for the Wizard of Odds
    Location:
    North of Antarctica
    I also think that it wouldn't apply to progressive wins, I doubt MG would let them get away with that.

    And the $500K rule is probably negligible because it applies to a relatively small 24-hour period.

    A max bet of $100 on 4-hand Deuces & Joker with five wilds dealt pat would "only" net you $200K. You'd have to hit that twice and then win more than $100K from something else... all within a day's time. I doubt it would happen often, if ever.
     
  16. Nov 15, 2007
  17. ugaboga

    ugaboga Casino Addict

    Occupation:
    Information Technology, Day Trader
    Location:
    Australia
    Anyone know why they abandoned the RTG platform?
     
  18. Nov 15, 2007
  19. Casinomeister

    Casinomeister Forum Cheermeister Staff Member

    Occupation:
    Homemaker
    Location:
    Bierland
    Because I told them to ha ha ha ha ha
     
  20. Nov 15, 2007
  21. SlotsWizard

    SlotsWizard Dormant account webmeister

    Occupation:
    I currently work for the Wizard of Odds
    Location:
    North of Antarctica
    It's....... so....... tempting.......... but I won't say it. :D
     
  22. Nov 15, 2007
  23. Simmo!

    Simmo! Moderator Staff Member

    Occupation:
    Web Dev.
    Location:
    England
    I've emailed this thread to a rep there to ask them to clarify the progressives limit. I agree with Slotster - progressives come from MG so I bet they are not included.
     
    Last edited: Nov 16, 2007
  24. Nov 17, 2007
  25. Canbet

    Canbet Dormant account

    Occupation:
    Head of Marketing
    Location:
    Melbourne, Australia
    Progressive Payouts

    Apologies for the confusion, progressives are excluded. We have ammended our t&c's accordingly.

    Best Regards,

    JULIA
    Head of Gaming
     
    4 people like this.
  26. Nov 19, 2007
  27. maxlevine

    maxlevine Webmaster webmeister

    Location:
    Montreal
    Don't know where to post this. Was looking for a thread where Bryan is welcoming Canbet. Got the news from Meister Mail but no link to a specific thread.

    I just want to say that this is a great addition. Canbet has been one of my top 3 sportsbooks, an excellent organization. They are friendly, helpful, pay extremely fast. I know they've been going back and forth with their casino software, from Boss to RTG to MG. But I'm really happy they got the recognition from Casinomeister, and vice versa ;)

    Congrats and welcome!

    Edit: Found the thread in Announcements but can't reply... so I'll leave this here :)
     
    Last edited: Nov 19, 2007
    1 person likes this.
  28. Nov 20, 2007
  29. shjcard

    shjcard Experienced Member

    Occupation:
    Retired
    Location:
    Cardiff, UK
    Played this site for the last week. I have found that the payouts are very poor. on all MG games. I will leave it for a while, until they settle down and realise it's not all take.
     
    1 person likes this.
  30. Nov 22, 2007
  31. YodaJedi

    YodaJedi Dormant account

    Occupation:
    government
    Location:
    Melbourne
    What does that mean? I was under the impression that Microgamings could not adjust the HA on slots like RTG's can. Is that incorrect?
     

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