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Latest Ladbrokes Bull

Discussion in 'Online Casinos' started by Deeplay, Mar 9, 2011.

    Mar 9, 2011
  1. Deeplay

    Deeplay New World Order CAG mm1 webmeister

    Occupation:
    Works For Self
    Location:
    The biG Eu
    Have not played at Ladbrokes casino since removing them a few weeks ago but still get the odd email. Latest promo is get £30 bonus (deposit £25 get £25 plus a £5 free sports bet)

    Read the terms usual crap of 20 times playthrough for neteller and moneybookers account before you even get the bonus credited. But then this :

    21. Customers found to be abusing the spirit of any Ladbrokes promotion may have their accounts suspended.


    It was my understanding from the last CM webcast that ladbrokes had removed this term ? I have no idea why this casino is still on the accredited list with terms like this (including the extra 20xs playthrough to get the bonus for neteller /moneybooker deposit)

    Comments welcome.
     
    1 person likes this.
  2. Mar 9, 2011
  3. rainmaker

    rainmaker I'm not a penguin CAG webmeister

    Occupation:
    -
    Location:
    -
    I also got the understanding that Ladbrokes had removed "in the spirit" BS after seeing the CM webcast. But no, they have not.



    I wrote this in the other Ladbrokes thread (couple of days ago)

    I thought that Ladbrokes would stop using "in the spirit of the bonus (ref: webcast- 3 march). But I see that they still use it in the £25 free promotion.

    Now they use it in realtion to the turnover requirement
    .
     
  4. Mar 9, 2011
  5. hussainyes

    hussainyes Dormant account

    Occupation:
    gold smith
    Location:
    uk
    hello every one

    you r right ladbrokes is full of bull they just money grabbers not the same ladbrokes they not bother about there regular players you cant win any more you never get xmas and birth day bonus, they new mission is bring in new players and fck the old player
     
  6. Mar 9, 2011
  7. petro

    petro Dormant account, per user request PABnoaccred2 PABaccred

    Occupation:
    N/A
    Location:
    Narnia
    I read through their sign up bonus T&C just a few days ago.
    It mentioned nothing about spirit of the bonus in there.

    Their usual promos might...
     
  8. Mar 9, 2011
  9. Deeplay

    Deeplay New World Order CAG mm1 webmeister

    Occupation:
    Works For Self
    Location:
    The biG Eu
    Well maybe but terms for this "bonus offer" as of 9th March 18.48pm are below :

    You must register/login in order to see the link.
    scroll down to point 21.

    Edit: just to note : if you do abuse the "spirit of a ladbrokes casino promotion" not only will you likly not get paid they will also suspend your account ... lol .. yep right all for A £25 bonus (after 20xs playthrough for lowly neteller and moneybooker account deposits!) > strange I had to go through multiple security checks to get my neteller account authorised but hey thats old news as far as Ladbrokes as concerned.

    As I have said before because of the size of the Ladbrokes outfit they care not about players or what is said about them. Still its a personal good feeling knowing my hard earned £££ is deposited elsewhere.
     
  10. Mar 9, 2011
  11. Rhyzz

    Rhyzz Experienced Member

    Occupation:
    Online Gaming
    Location:
    United Kingdom
    Contrary to popular belief, this is the 'bull' that you speak of. These operations wouldn't be in business if they relied solely on the business from high staking players. They need the 'bread and butter' players to generate steady turnover and keep that house edge. One player can cause serious damage to profits just as they can improve them.

    I don't agree with the term though. If they have a problem with specific playing patterns they should detail them. This is a tactic used to deter bonus hunters, but it just effects those of us who are savvy enough to understand that bonuses effect house edge dramatically, meaning we can turn a profit if we play sensibly.

    Bad karma for Ladbrokes but what can you do, it's their choice how to run their business. Just don't play there, it's that simple.
     
    1 person likes this.
  12. Mar 10, 2011
  13. onlineprime08

    onlineprime08 Dormant account

    Occupation:
    plumber
    Location:
    USA
    Yeah right. I thought before that Ladbroke is a great one to play into. But as I have searched about them, they kinda change a lot now. What happened? Why are they like this now?
     
  14. Mar 10, 2011
  15. petro

    petro Dormant account, per user request PABnoaccred2 PABaccred

    Occupation:
    N/A
    Location:
    Narnia
    I have been told by a casino manager that 95% of the profit his casino takes in comes from low rollers. The other 5% being from high rollers.

    But I suppose there may be rare exceptions to this when high rollers do make up more of a casino's hold (profit.)

    I may have mentioned this in another thread but casinos with sportsbooks make gross amounts of money and I believe because of this they have a tendency to become bull headed.

    It's just like becoming a rich snob. :cool:
     
    1 person likes this.
  16. Mar 10, 2011
  17. dazlazz

    dazlazz Experienced Member

    Occupation:
    Prophet
    Location:
    London, UK
    I notice the Ladbrokes rep hasnt been on the forum for 10 days, so unlikely to have seen the latest "spirit" threads - my understanding is that Ladbrokes has gone through a major management change in its igaming sector - hopefully for the better - lets see if its a good change.
     
  18. Mar 10, 2011
  19. chayton

    chayton aka LooHoo CAG PABnonaccred webmeister

    Occupation:
    Freelance Designer
    Location:
    Edmonton Canada
    That is interesting - 95% of PROFIT from lowrollers. I'd take that to mean that highrollers win and cash out more, no? I mean obviously someone who's playing a dollar a line gets paid more than someone who's betting a penny a line. Maybe I'd better start highrolling...can anyone loan me a couple hundred grand?
     
  20. Mar 10, 2011
  21. Rhyzz

    Rhyzz Experienced Member

    Occupation:
    Online Gaming
    Location:
    United Kingdom
    There is actually some truth in there, in that payout percentages often increase slightly on slot machines if you 'max bet' - purely down to coin multiplier I believe.

    95% from low rollers seems high to me but like I said, these companies need the smaller players, so to ignore them and try to deter them from playing wouldn't make sense!
     
  22. Mar 11, 2011
  23. rainmaker

    rainmaker I'm not a penguin CAG webmeister

    Occupation:
    -
    Location:
    -
    Hello chayton, petro and Rhyzz :)

    This is from the Ladbrokes Preliminary results for the year ended 31 December 2010




    Net revenue (excl. High Rollers) £ 976.6M
    Net revenue from High Rollers £ 3.5M
    Net revenue £ 980.1M

    Operating profit(1) (2) (excl. High Rollers) £ 202.3M
    Operating profit(1) (2) from High Rollers £ 5.0M
    Operating profit(1)(2) £ 207.3M


    1) Profit before tax, finance costs and non-trading items.
    (2) Before non-trading items and discontinued operations. Non-trading items are profits or losses on disposal or impairment of non-current assets or businesses, unrealised gains and losses on derivative financial instruments, business restructuring costs and litigation and transaction costs
     
    Last edited: Mar 11, 2011
  24. Mar 11, 2011
  25. Jasminebed

    Jasminebed Closer to 100 than Birth

    Occupation:
    Not in workforce
    Location:
    Ontario
    It would be interesting to know how casinos classify high rollers vs others.

    Deposits? Total Losses? Total Rollover, average betsize?

    Who's a high roller may vary from casino to casino as well.

    I'm pretty sure that there are many many more low rollers than high rollers. Also, if you are depositing $20-$50 at a time, you are not probably cashing out at under $100. Whereas a player that deposits $1000 may very well be satisfied with doubling their money.
     
  26. Mar 11, 2011
  27. petro

    petro Dormant account, per user request PABnoaccred2 PABaccred

    Occupation:
    N/A
    Location:
    Narnia
    Landbased casinos classify high rollers on how much they wager in a certain timeframe.

    It changes from casino to casino but its somewhere from 50k upwards for most.
     

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