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limit the amount of match deposit bonus - why??

Discussion in 'Online Casino Bonuses' started by morishkan, Jun 26, 2017.

    Jun 26, 2017
  1. morishkan

    morishkan Newbie member

    Location:
    fsdfdsds
    why online casino limit the amount of match deposit bonus e.g. why there are not offering 100% up to 10,000 euro - what are the risk from the casino point of view
     
  2. Jun 26, 2017
  3. KasinoKing

    KasinoKing WebMeister & Slotaholic.. CAG MM PABnonaccred webmeister

    Occupation:
    House-Husband and Casino Advisor
    Location:
    Bexhill on sea, England
    Good question... to which I don't know the answer! :oops:
    With casino's high WR, low bets limits and restricted games I can't see any risk for them.

    There are two groups I list on my websites which do not have any limit on the bonus amount - so it can't be something which is easy to "abuse".

    KK
     
  4. Jun 26, 2017
  5. Bulzaih

    Bulzaih Full Member

    Occupation:
    Customer support
    Location:
    Malta
    I think you should be thinking of the real questions here, like why on earth would one start two threads about the same topic.. :p
     
  6. Jun 26, 2017
  7. petro

    petro Dormant account, per user request PABnoaccred2 PABaccred

    Occupation:
    N/A
    Location:
    Narnia
    There has been unlimited match offers in the past.
    One reason they don't offer unlimited match offers is that the casino may believe that they make more money by portioning out their bonuses.
    It's all about maximizing profits!
     
  8. Jun 26, 2017
  9. goatwack

    goatwack Calendar Time for Buddy CAG

    Occupation:
    Stuntman
    Location:
    Londonia
    The simple reason being as stated, there are too many bonus abusers that see casino funds as an extra boost to do the casinos over.

    This in turn has led to casinos becoming delusional and paranoid with every player. Trust me, if there were no douchebag bonus abusers around we'd all be getting 100% reloads coming out of our ears, as despite their attractive nature they still favour the casinos long-term :cool:
     
  10. Jun 26, 2017
  11. dunover

    dunover Unofficial T&C's Editor Staff Member CAG PABnononaccred PABnonaccred PABinit mm3 webmeister

    Occupation:
    International Money Launderer
    Location:
    the bus shelter, opposite GCHQ Benhall
    Yeah, Caddell do some no-limit 100% offers so they must know the EV- of them!

    It's just a simple case of what the casino is willing to cover in terms of liability. A$$power sites will let you have any bonus you want as they won't pay, so that's easily covered. Caddell have quite a high wagering so it's heavily EV- there. Then you must consider the cash-out limit in relation to the bonus, if any. If there is a limit, or indeed a general withdrawal limit at the casino of say 5k per month, a 10k bonus is pretty pointless for both them and the player.

    Wagering is very relevant as at 35x B to 45x B you have between a 0.27 and 0.19 chance of cashing it. Now if YOU are the player that manages that and have had a 10k bonus then the casino is buggered, it's a risk they cannot take. They'd rather the 100 quid bonus player had won, hence all of you are limited to that 100.
     
  12. Jun 26, 2017
  13. morishkan

    morishkan Newbie member

    Location:
    fsdfdsds
    just because of the abusers?

    can abusers be attracted to unlimited with high WR and contribution only in slots as e.g. the casinos should be safe isn't ?
    also to use the bonus they need to lose their real money deposit first
    that is why i am puzzled



    sorry to open to threads I consider those as two different topics
     
  14. Jun 26, 2017
  15. funnymunny

    funnymunny Sometimes here, always 'away' webby

    Occupation:
    CEO
    Location:
    Isle of Man, Macau or Vegas
    I would suggest the reasons are two-fold...

    One relating to the licensing fees they pay to their games providers... These generally make no distinction between 'real' money & bonus money. E.g. Player deposits 100 & gets 100 bonus. Assuming player loses both (real and bonus) balances, site has to pay rev share fees on 200, not just the 100 the player deposited. This is effectively doubling the software fees on every deposit. (Obviously players will have many small wins during their session, so the fees will be much higher than a simple fixed % of any deposit and bonus).

    Limit the value of the bonus and you also limit your exposure to software licensing fees.


    The other consideration will be directly related to the value of the deposit... The larger the starting balance, the greater the opportunity for a player to hit a big enough win for them to easily surpass wagering requirements.


    Hope this helps
     
  16. Jun 26, 2017
  17. morishkan

    morishkan Newbie member

    Location:
    fsdfdsds
    bonus lost

    thank you very much

    if the bonus is fully lost and of course the real money as well then even after the fees for tax, platform, gaming vendor etc. the casino left with a gain.
    if the WR is high e.g. 35x, 40x, bet limit is low and contribution only comes from slots then.....?


     
  18. Jun 26, 2017
  19. funnymunny

    funnymunny Sometimes here, always 'away' webby

    Occupation:
    CEO
    Location:
    Isle of Man, Macau or Vegas
    A casino will be left with a gain, but I'm not so sure it's as high as most people think...

    If we use my previous example of 100 deposit (& 100 bonus), then from the 100 they get from you they could be faced with the following costs...

    20% goes to software vendor
    20% affiliate fees
    5% gaming duty & tax
    2% for payment processing

    Other costs also include staff salaries, hosting, marketing, office space, etc...

    Yes slots may have an average RTP >96%, but that doesn't mean sites get to keep 96 for every 100 player loss. In fact it's more likely <25 from that 100.

    (Be assured I'm not trying to look for sympathy for gaming sites, just trying to help share understanding of where most of any player losses go).
     
  20. Jun 26, 2017
  21. adamtheaddict

    adamtheaddict Meister Member

    Occupation:
    fruits
    Location:
    Kent
    Been a while since i laughed so much
     
  22. Jul 14, 2017
  23. johnmilner

    johnmilner Banned User

    Location:
    USA
    I think All bonuses will have a playthrough requirement before you can cash out any winnings, so make sure you know what this is and which games are allowed and which are not. Get free casino bonus online calculator to calculate your required amount of wagers.
     

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