Inet "comp" Program

[Stovetopp]

I just signed up with Inet and so far I have been lucky....but can some of the more experienced players at INET explain to me how this program works?

This is from the T&C at INET website

Additionally every player at iNetBet earns points for all wagering through our acclaimed best on the net comps program. Once accrued these points can be converted into real cash.

.Any free money given, that does not require a deposit, e.g. a Non-Deposit Coupon, loyalty bonus, comps, VIP bonus, vanity card, manager deposit, competition/tournament prizes, compensation bonus, inconvenience bonus, birthday bonus etc. (unless otherwise stated) will have a maximum cash out of 10x the bonus given e.g. $50 given max cash out = $500. Excess winnings will be removed. Monies must be turned over at least 15x (unless otherwise stated) before any cash out can be made.(amended June 2004)


OK. Lets assume I redeem my comp and receive $50. I cant add this to my cash account and withdwaw so its not real cash.

Ok . My cash account is 0..I redeem the comp of 50 bucks and play. I win 300 dollars.
Does this mean I have to have a playthrough of 750 dollars before I can cash anything?
So the comp{ is not really a cash back like in some other casinos Am I correct?
If I am correct then the program SUCKS
eg if you win 50 bucks and you are playing 20cents Does that mean you have to spin 3250 times for playthrough requiremenrs?

Thanks for your INPUT

 

[catrina m]

At inet if you get free money (a non deposit) you have a max cashout of 10 times with 15x wagering

$5 = $50 cahout etc.

Thats it. So gamble with your own money or accept the terms.

 

[heatherad]

I noticed that comps was in with that group too. Is that to say that you have a wagering requirement and max cashout on comps at Inetbet too?

 

[Stovetopp]

Thanks Catrina
I don't intend to ever take that bonus Its definitely a loser..However , I must say at 3 different casinos including INET I have won on the free sign up bonus.

I will take it when I get the itch and my account is zero and nothing on the one credit card I can use for deposit

 

[Pinababy69]

There is no max cashout on comp points at either Inetbet or Club World. CW used to limit the max cashout to 10X...I know, because it happened to me. I won $1000 on $10 worth of comp points, and could only cash out $100.

There was a thread on here some months later about it, and CW changed their terms to match Inetbet's. So any free money ie. manager's bonus, n/d coupon, contest wins at a forum, etc are limited to 10X max cashout. But comp points, you are good to go.

 

[heatherad]

Okay, thanks Pinababy, I knew CW has no restrictions on comp points but was just curious about Inetbet seeing as comps were mentioned in the original posters section there from Inets T&C.

 

[catrina m]

its all here: Old / Expired Link


Any free money given, that does not require a deposit, e.g. a Non-Deposit Coupon, loyalty bonus, comps, VIP bonus, vanity card, manager deposit, competition/tournament prizes, compensation bonus, inconvenience bonus, birthday bonus etc. (unless otherwise stated) will have a maximum cash out of 10x the bonus given e.g. $50 given max cash out = $500. Excess winnings will be removed. Monies must be turned over at least 15x (unless otherwise stated) before any cash out can be made.(amended June 2004)

happened to me at inet

hit 100 free spins on raindance

 

[Pinababy69]

Okay, thanks Pinababy, I knew CW has no restrictions on comp points but was just curious about Inetbet seeing as comps were mentioned in the original posters section there from Inets T&C.

It is confusing Heather....they should maybe use a different term than comps when describing a n/d bonus...people automatically associate it with comp points...and they are two different things.

 

[Stovetopp]

Whoa!!! Are you saying the "comp" you see when you go to cashier is not the comp we are talking about and its as good as cash excwpt its 10x and there is no playthrough requirements?

 

[Pinababy69]

Whoa!!! Are you saying the "comp" you see when you go to cashier is not the comp we are talking about and its as good as cash excwpt its 10x and there is no playthrough requirements?

Yes, the comp points in your cashier are not limited to any max cashout. I'm not sure if they have a playthrough requirement or not. But if you cash in $5 worth of comp points, and win $1000, you can keep it all.

Comps are what Catrina posted in her post above...and are not the same thing as COMP POINTS.

 

[Pinababy69]

its all here: Old / Expired Link


Any free money given, that does not require a deposit, e.g. a Non-Deposit Coupon, loyalty bonus, comps, VIP bonus, vanity card, manager deposit, competition/tournament prizes, compensation bonus, inconvenience bonus, birthday bonus etc. (unless otherwise stated) will have a maximum cash out of 10x the bonus given e.g. $50 given max cash out = $500. Excess winnings will be removed. Monies must be turned over at least 15x (unless otherwise stated) before any cash out can be made.(amended June 2004)

happened to me at inet

hit 100 free spins on raindance

Did that happen on the monthly manager's bonus Catrina? I always hate to think of hitting a random jackpot or something, when I've gotten a $10 or $15bonus and will only be able to cashout $150 max. That would be a nightmare.

The CW thing was bad enough.....I had cashed in my $10 worth of comp points, and got all the way up past $1000. I was so happy, then I remember writing to the manager and getting the answer back that they did have the max cashout rule on comp points. I was not a happy camper, lol. Anyway, they did take a look at that rule a few months later, and changed it. While it didn't help me, it is a much better way for a reputable casino to go.

There should never be a max cashout on comp/loyalty points, IMO. Those are rewards that you have earned through deposits.

 

[iNetBet Promos]

Hi Everyone,
Just to clarify, as pinababy says our "comp points" do not have a max cash out. Other forms of complimentary credits may have a 10x limit as per the rules but this does not include "comp points".
I hope that this clears things up
Best Regards
iNetBet Promos

 

[Stovetopp]

Thanks to the INET PROMO for clarifying one point but what about the "PLAY THROUGH" requirement. Is there one associated with this comp?

 

[Stovetopp]

pinababy, INETPromo FYI

I just saw the rules on the comp points,,YES There is a 10x turnover here..I assume it means playthrough "onies claimed must be turned over at least ten times before any withdrawal can be made."





# Comp points are accumulated during real money wagering only.
# Comp points must always be redeemed for the highest possible comp value.
# Minimum number of comp points that can be redeemed is 50.
# **Maximum number of comp points that can be redeemed at one time is 2000.
( implemented 01/29/04 09:30 EST )
# Monies claimed must be turned over at least ten times before any withdrawal can be made.
# Comp points accrued solely from non deposit offers will be non-redeemable.

 

[Pinababy69]

Thanks Stovetopp, that's the one thing I wasn't sure of. I knew absolutely there was no max cashout, but didn't know if there were wagering requirements...now I do.