Yeah, you're right -that sucks.
I've always used my Visa Debit Card at Lads , so never had any of that nonsense.
KK
It doesn't just suck, it is predatory. often it is IMPOSSIBLE to make 20x WR on the amount of your deposit because you go bust trying. Ladbrokes DON'T take this into account, and if you redeposit you have to start over. You are not even allowed to deposit MORE than the promotion asks for as this 20x WR applies to the ENTIRE amount, and not just the amount needed to qualify for the promotion.
Worse, you CANNOT even use money in your sports purse to avoid this, however you got it there (deposit, poker, sports bet win).
It is effectively a ban on Neteller and Moneybookers players from qualifying for the offers, but rather than state this outright, they use a predatory system to make them think they can still be eligible, but which is next to impossible to achieve.
This "bonus abuse" excuse is bollocks. Even "innocent" players who use these methods suffer, and this takes no account of their prior playing history.
They fail to understand that you can "abuse a bonus" just as easily from a debit card deposit, but Ladbrokes seem happy to let such players "abuse away" to their heart's content.
This lets the "guilty" carry on abusing bonuses simply by switching deposit methods, yet punishes the innocent who are not prepared to go to such lengths just to "abuse" a few quid more out of Ladbrokes.
They then pile on further punishment by stating that withdrawals resulting from methods other than Neteller/Moneybookers will only be sent by cheque. Even the abilty to withdraw over the counter at betting shops has been ditched.
The 20x requirement for Neteller deposits even seems to apply where NO bonus has been taken, nor promotion claimed, as they will "deduct fees" from such deposits not rolled over 20x.
This implies that a deposit of £100 from Neteller has to generate £2000 in turnover before it can be withdrawn, even without any bonus having been claimed. They don't even have the miserly compensation of comp points, which would offer £20 for £2000 turned over on the slots.
There doesn't seem to be any eWallet alternative to Neteller for their target market, which seems to be the UK and Europe.
Although all this is laid out in the terms, it gives the misleading impression that there is only a minor imposition placed on Neteller and Moneybookers players, whereas the maths shows it to be a MASSIVE one, and one likely to be impossible to achieve.
I am beginning to think they are taking advice from Ryanair
Ryanair are known for manipulating aviation rules to the extreme, and setting up hoops that mean most customers never see the prices advertised. As soon as customers learn to navigate all the twists and turns needed to get the advertised prices, the rules are changed in order to negate their efforts.
They have had numerous bollockings from the UK and EU regulators, but have managed to manipulate the system so as to carry on pretending to be much cheaper than the rest. It is only those "abusive flyers" that manage to fly for those insane prices.
The "bonus abusers" at Ladbrokes will be doing the same, and will have switched tactics in order to carry on milking the generous boni.
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