iNetBet´s Tournament max cashout

[maphesto]

I received an email from iNetBet and when I read about the tourney/offer I wonder how a player can win on it?

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Can you help me understand it? As I read it the player who wins the most with 11$ wins 100$ but all money he has on his account is being removed even if he has won a RJ.

Of course, if the winning player has 60$ on the account when the tournament is over he´s winning 40$.

Or am I totally wrong?

I hope you see something that can explain the whole thing.

 

[De Beuker]

As I read it, its a 10% bonus with 50x bonus playthrough and if you manage to win the tourney you can only get $100.- of your winnings.
ROTFL!!
Who invented this one?

And I'm bonusbanned, I cannot join!

 

[maphesto]

And I'm bonusbanned, I cannot join!

I´ll bet you are angry all weekend over this..

Seriously, are there any reading players who take this bonus/offer?

 

[lauram]

After you have finished your playthrough on this tourney, all your winnings are removed. Then it leaves you with your 10 dollars to play as normal.

 

[oldtrvlagt]

I had to read this twice...why would anyone do it? With my luck it would be the one time I'd win a RJ (at INET) and they would take it away

 

[maphesto]

Yes, and how clever is it to take part in that?

I can see the scenario:

1. Player with 3000$ bucks on the account "wins" 100$ and 2890$ is being removed from the account. (3000-100-10)

On fifth place I show up after hitting my first RJ on 1300$ and all my winnings are removed but I can keep those 10$ I deposit..

 

[oldtrvlagt]

Exactly! I can't remember the last time I cashed out from there...but if that happened I would have to shoot myself

 

[chuchu59]

If there are lots of players who take up this offer it is likely that there will be plenty of them with winnings in excess of $100. However, there is only one winner of $100 and there will also be 3 other players being prized with a total of $150. Therefore, the total prizemoney is $250 but God know how much in winnings they will be confiscating not to mention those who busted in the process.

 

[iNetBet Promos]

Hi Everyone,

This was just a quick tourney set up for for slots players as something different to do.

It is not a bonus it is a tournament.

As in any tourney you pay an entrance fee to take part. Then you wager for a given period and the winner is determined by certain criteria. In this case whoever, in the given wagering, turns their $11 into the most wins.

Once wagering is met your initial fee is returned to you.

As we do not have an tournament system in the RTG software so we thought this might be a novel way to run something like this.

Saying that winnings are being taken away is not true. You need to look apon these as bonus tournament funds and not real funds.

As you well know if any Random Jackpot is hit, that cannot be cashed out, we will add these back to the Jackpot. So nobody will be missing out on anything.

In fact should players take part in the tourney it will actually benefit the Jackpot amounts as all play will be adding to the Jackpots.

Again this is just something a bit different, if you do not want to take part then that is fine.

Have a good weekend.

iNetBet Promos

 

[oldtrvlagt]

The only problem with this is that players are depositing "Real Money". The casino is in a no lose situation because you only need a handful of players to cover the "prizes". The idea that someone could "trigger" a random jackpot under these conditions is IMHO a complete turnoff...much the same as it is with the "managers bonus".

My 2 cents worth...obviously I'm not playing.

 

[AudiManinBoro]

Just one of the many reasons I closed my account with this casino. They must really think were all idiots or something

 

[iNetBet Promos]

"They must really think were all idiots or something"

No reply needed to that one then

Sorry could not resist.

Have a good weekend all.

 

[Cant_Get_Right]

Hi Everyone,

This was just a quick tourney set up for for slots players as something different to do.

It is not a bonus it is a tournament.

As in any tourney you pay an entrance fee to take part. Then you wager for a given period and the winner is determined by certain criteria. In this case whoever, in the given wagering, turns their $11 into the most wins.

Once wagering is met your initial fee is returned to you.

As we do not have an tournament system in the RTG software so we thought this might be a novel way to run something like this.

Saying that winnings are being taken away is not true. You need to look apon these as bonus tournament funds and not real funds.

As you well know if any Random Jackpot is hit, that cannot be cashed out, we will add these back to the Jackpot. So nobody will be missing out on anything.

In fact should players take part in the tourney it will actually benefit the Jackpot amounts as all play will be adding to the Jackpots.

Again this is just something a bit different, if you do not want to take part then that is fine.

Have a good weekend.

iNetBet Promos

IMHO, inetbet has gone to crap. You have downgraded keno payouts. You have restricted the bet amount on free $5 (which i think is now $3 free bonus), you cap $11 tournaments to $100. You refuse to get live or phone support. You have a rude person named Alan working as support. Your bonus offers lags the rest of your competition. Besides having history amongst the players here. I really don't see why people continue to support this group.

 

[Cant_Get_Right]

"They must really think were all idiots or something"

No reply needed to that one then

Sorry could not resist.

Have a good weekend all.

Smart A$$

 

[iNetBet Promos]

Cant_Get_Right - May I please answer a couple of your points:

- We have not downgraded Keno - if any alterations have been made it was not by us. If changes have been made it would have been by RTG and done across the board.

- The bet amount on free chips is no longer in place.

- The current free chip is $11 not $3

- In what way do bonuses lag behind? There are always constant ongoing promotions. Also all % deposit bonus offers are fully cashable, unlike at other Casinos.

Back on topic

- This was a quick slot tourney that we have not run previously. The idea was that it was a tourney for depositing players. They simply have to wager $50 and whoever wins the most in that play wins the tourney.

It would seem that some of you are not a fan of the idea. That is fine. It is not compulsory to take part. For those that do I hope you have fun.

Best Regards
iNetBet Promos


p.s The response to audimaninboro was a light hearted reply. Hence the "Sorry could not resist " comment. I would hope it was taken that way too.

 

[marcsudbury]

well i havn't played inet in a long time, but at least a casino is trying to come up with something new and fresh. it's a tourny. when you play the MG tournys yopu don't kkep what you win. all tournaments are like that. everyone who seems to be a fan of 3dice on here should appreciate inet doing something different like 3dice does.

 

[silcnlayc]

iNetBet Promos: If changes have been made it would have been by RTG and done across the board.

Isn't that by the operators request?

iNetBet Promos: Also all % deposit bonus offers are fully cashable, unlike at other Casinos.

What about the many players that dislike those bonuses?? We get the basic comps which should be adjusted per bonuses claimed as in: you deposit 15 times with no bonus, shouldn't your comps reflect this vs a player that deposits and claims one EVERY time??

I know when I used to play a lot (here and at other RTG's) my comp base sucked big time and I deposited regularly...to get what 5 bucks for every few thousand deposited?

That is definitely a place where all casinos can get a little fairer in my opnion...the managers bonuses were pretty decent but that too must be linked to deposits...I guess...since they have dropped to almost non existent..( I guess cause I quit playing so much, woo woo!! there you go people)...

.

 

[maphesto]

well i havn't played inet in a long time, but at least a casino is trying to come up with something new and fresh.

Good point and as a happy player at iNetBet I think it´s good to try new things for the customers.
But this one is really too bad for the customers. The only one who wins on it are the casino and those who manage WR and have below 10$ when it´s done.

. it's a tourny. when you play the MG tournys yopu don't kkep what you win. all tournaments are like that.

Don´t mix it up with MG tourneys, they are by play money. Those money you use in the tournament are in no way "together" with real money.

everyone who seems to be a fan of 3dice on here should appreciate inet doing something different like 3dice does.

Good point again, maybe we have to give iNet some good ideas.

As in any tourney you pay an entrance fee to take part. Then you wager for a given period and the winner is determined by certain criteria. In this case whoever, in the given wagering, turns their $11 into the most wins.

Once wagering is met your initial fee is returned to you.

I understand the idea, but here are some things to think of:

1. The "bonus buck" is similar to a 10% bonus with WR.

2. The players will feel that they are using their own money and can´t cashout if they win.
To avoid this you could have given the players 1000$ to play with instead. Then the players feel like betting with other peoples money instead, like in MG tournaments.

3. When all money above 10$ are removed they are still showed as returned to player in your casino.

4. Those who have 0$ left before WR is met are exactly like any other losing player in your casino.

5. Isn´t it possible to have exactly the same tournament with your own money? A bonus credited just to see when WR is met and first price 100$ extra?

Last:

I use your casino and I do it without bonuses. I will continue so but I think that this "tourney" was too much like those bad Rival bonuses with high WR and a max cashout.

 

[iNetBet Promos]

Maphesto - Thanks for the comments. All constructive feedback is greatly received. I will be sure pass on your comments.

We would love to give you $1000 to play as suggested - however we could not do that as all play would contribute to real Jackpots. We have no specific tournament software in place at this time (so it was only tournament play). So unfortunately this is not an option.

We will see if we can structure future tourneys as you suggest in point 5. The reason it was constructed in the current format is that the system physically logs how much is removed when the wagering requirement is met. So we have easy to access to this information to determine the winners. With your suggestion every entrants account would need to be monitored.

At the moment it's a kind of work around with what we have in place. Maybe in the future we might have something better

Best Regards
iNetBet Promos

 

[vinylweatherman]

Maphesto - Thanks for the comments. All constructive feedback is greatly received. I will be sure pass on your comments.

We would love to give you $1000 to play as suggested - however we could not do that as all play would contribute to real Jackpots. We have no specific tournament software in place at this time (so it was only tournament play). So unfortunately this is not an option.

We will see if we can structure future tourneys as you suggest in point 5. The reason it was constructed in the current format is that the system physically logs how much is removed when the wagering requirement is met. So we have easy to access to this information to determine the winners. With your suggestion every entrants account would need to be monitored.

At the moment it's a kind of work around with what we have in place. Maybe in the future we might have something better

Best Regards
iNetBet Promos

I thought RTG DID have tournament software in place I had all these mailers for those "Blackjack tournaments" for quite a while.

Some MGS casinos DID run tournaments BEFORE the tournament software was released. Casino Action created a separate tournament account for each of it's active players, and each month ran a Blackjack tournament. It was all "fun money", and the real account was NEVER used, thus no mixing of real and tournament monies. I see no reason why RTG operators could not allocate a second account in a similar manner, solely for tournament play. They would need to use a different server so that the Random Jackpots were not shared between real play and tournament play. Tournament prizes could then be placed into the players' real account.