Help me Find The Hole In Go Casino Bonus

[addaminsane]

Okay, i thought it would be interesting to analyze the Go Casino 20k bonus as it is one that is on the "too good to be true" side which articles on this site say that if it looks that ways it is.

Not only is it in that field of "too good to be true" it seems to be one of the largest welcome bonuses ever.

After looking through the terms and conditions of this bonus myself it seems to me it sounds like a great bonus. I'm guessing most people who would see it and even look and the terms and conditions would opt to go after it. It seems to have great wagering requirements and since the bonus account is separated it appears that the bonus will not trap your real money if you wish to withdraw and void everything.

i'm wandering if someone here can look at these terms and point out a potential hole.

here are the terms and conditions i pulled from the website

# Eligibility for the "First Deposit Bonus", or "Welcome Bonus", is limited to new players who have registered a real account and deposited the qualifying amount.

# Once you're in the casino and playing, you can withdraw your purchase and any winnings earned from that purchase at any time you like. To play with the Welcome Bonus or to withdraw the bonus as part of your winnings, however, please note that you will need to fulfill a wagering requirement of ten (10) times the combined value of the purchase and bonus before you can do so.

# GoCasino.com reserves the right to require that players from Poland to wager their purchase and play bonus fifty (50) times before reaching the minimum wagering requirements for withdrawal.

# If you wish to withdraw before fulfilling the wagering requirement, you will be advised by the Cashier system that you have not met the wagering conditions and that the withdrawal will be automatically re-deposited into your casino account. If you still wish to proceed with a withdrawal, the original bonus amount and any winnings will be deducted from your withdrawal request and the casino will return the balance of the funds.

# Any bonus money you earn through your play, or, by taking advantage of GoCasino.com promotions will be stored in a "bonus account" indicated as 'Bonus' located under your 'Balance' which holds your own casino deposits.

# All bonus money given to you as an GoCasino.com player will be located in the separate Bonus Account. No amount can be withdrawn from this bonus account. When you are betting at the tables, your wagers will be taken from your Bonus Account money first until the account is empty and then all further wagers are taken from your Real Account.

# If the bet is won, the wagered amount taken from the Bonus Account will be returned to the Bonus Account; and the winnings placed into your Balance Account as normal. If the bet is lost, the Bonus Account stays empty until the player is rewarded a future bonus.

# Please note that the Welcome Bonus cannot be removed once issued.

# The Welcome Bonus may not be combined with any other bonus unless otherwise stated.

# Anyone with pending withdrawals will not be able to receive any bonuses within 48 hours of cashing in.

# You can not claim another bonus offer unless you have a play balance of less than $100.

# If you have any questions regarding our bonuses or restrictions concerning them please e-mail us.

# Only one Real Account is allowed per player and the bonus is available only once per household, address, e-mail address, credit card number, bank account, and environments where computers are shared (university, fraternity, school, public library, workplace, etc). This bonus can only be claimed once.

# If you already have multiple accounts you are NOT eligible for multiple bonuses in your additional accounts. Any player attempting to claim multiple bonuses for which they are not eligible will have his/her account closed and any winnings on all his/her accounts will be null and void. All cash-ins will be cancelled.

# Play at all forms of Blackjack, all forms of Progressive Blackjack, Video Poker, Hold 'Em, all forms of Craps, Tri-Card Poker, all forms of Roulette, Let Them Ride, all forms of Baccarat, War, Red Dog, Pai-Gow Poker, Mulligan Poker, Caribbean Stud Poker game is restricted until you have met our wagering requirement. If you play on these games before meeting our requirements, then you agree that the casino holds the right to void any winnings made from these games at our discretion. Further, all losses incurred while playing said games will be non-refundable. We are therefore strongly advising you not play any of these games until your wagering requirement is met to avoid potential winnings being voided. If you choose to disregard this restriction advisory, then please note that any game play at these games before you meet the requirements set forth will not count for fulfilling your requirement. If you would like to play these games without restriction, please contact our support department before you wager and we will remove the bonus from your account. We will not accept a request once you begin play.

# If, while playing at this casino, you win a sum regarded by the Casino Management as worthy of publicity, you agree to make yourself available for any event of such a nature arranged by the Casino.

# While the Casino protects all personal data entrusted to us, we reserve the right to use first names in any Casino announcement about promotion results.

# In the event of any dispute, the decision of the Casino Manager will be considered full and final. No correspondence will be entered into.

# Employees, officers and directors of the Casino, its promotional or other agencies, licensees and licensors, service providers and any other associated or affiliated companies shall not be eligible for entry. The same terms shall apply to the direct families of such persons.

# Entrants who fail to comply with any of the stipulated Terms and Conditions of this promotion will forfeit their bonus, which will subsequently be removed from their gaming account.

# The Casino reserves the right to bar any promotional abusers from receiving this or any further promotions at the Casino. All persons regarded by GoCasino.com to be promotional abusers lose membership at all Casinos utilizing Odds-On Gaming services. Moreover, in the event a barred (or any likeness of) a barred person attempts to open an account, their account will become void retroactive to one (1) second after the account was opened.

# Only the original account holder is granted winnings, no transference is allowed. Any account that violates this term will be void and only the original deposited amount shall be returned.

# All withdrawals will be subject to audit before being processed. The Casino reserves all rights to void bonuses or any winnings for failed audits.

# The Casino management reserves the right to change or end this promotional offer at any time.

 

[Rusty]

The bonus terms seem reasonable, if not too good to be true.
(20Xbonus on slots only)

The only problem for me is it is Vegas Technology software but if that doesn't make the hairs on the back of your neck stand on end and a Curacao license doesn't bother you then I see no problem with it.

 

[KasinoKing]

The bonus terms seem reasonable, if not too good to be true.
(20Xbonus on slots only)

I agree.
The bonus terms are a little unusual (bonus used first, not deposited funds) but if they stick to their T&C's I can't see any holes in it either.

Might even have a GO myself...!

KK

 

[Rusty]

Let us know how you get on KK if you give it a try.

I am assuming it is not One of those sneaky bonuses that is only added to your account after you have forfilled your WR.

I think that was a favourite of William Hill and my experience was it would take at least 5 deposits just to get the bonus.

 

[addaminsane]

thanks for the confirmation. I figured the only hole seen would be the software provider.

I know that if a bonus like this is legitimate people would argue that the casino can't really afford to do a promotion like this, even though they dominate traffic from all the affiliate sites that dominate the search engines for lucrative terms.

 

[Rusty]

thanks for the confirmation. I figured the only hole seen would be the software provider.

I know that if a bonus like this is legitimate people would argue that the casino can't really afford to do a promotion like this, even though they dominate traffic from all the affiliate sites that dominate the search engines for lucrative terms.

Well that very much depends on the validity of the software and the expected theoretical return of the games.
In this case the slots would need to have over 95% return before the bonus could be considered +ev.

I think it reasonably to assume that Casino is not going to maintain a bonus that is +ev so the safe assumption would be either the games return below 95% and/or the software is not legitimate but that is just MO.

 

[addaminsane]

thanks for the info, i just thought i'd submit this post seeing that it definitely fits into the category of "too good to be true" type bonuses when you see it advertised.

 

[Tengil]

Words of caution. They belong to the same group as Golden Casino.

More info about Golden casino can be found here in maxd's warning:
https://www.casinomeister.com/forum...warning-golden-casino-goldencasino-com.22877/