New Bonus Type

You know I'm always Frank & Honest;
First impression: What a load of crap!

All it is now is 25% of your losses back. Whoopie-do!
That's not a bonus, that's just compensation for having a rotten time. :(
Any 'so called' bonus which you only get by losing all of your deposit first is not a bonus at all in my opinion.

Nothing personal - just my 2c.
KK

I understand your reflexion, it is like you say a cash back of 25%, where I would disagree is when you say it's crap! I'm pretty sure it will turn out to be costly for the casino.
 
This is simpler, and it MAY be costly for the casino if the majority of players use the strategy of a single $400 bet on a near 50/50 outcome, half win, and half lose 75% of their money - the casino loses overall.
This is mitigated by making it a once only by invitation offer, which allows the casino to estimate the potential damage assuming all players try this strategy, and win the long term average number of hands, with the lost hands rebated by the 25% cashback.

I will not comment on the reasons for my mathematical lapse earlier, where I suggested playing the rebate as a sticky bonus, but forgetting that, unlike a sticky bonus, the 50% removal cancelled out the extra leverage from the non-withdrawable part of the rebate.

Well, dammitt, I HAVE commented, haven't I:confused:
 
I enter $1k, i win or lose

wtf?

Is this not 75% what is with you bonus freaks, really. You are going against an edge.. is it less than that? I really don't get it. They are buying back more than you are 'expected' to lose. If you can't do this you are in the wrong game. really.
 
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BTW

7 pages to talk about what Casino Extreme does since forever...

deposit

1-999999999999999999999999

u lose u get 20% cashback, no invite mail, no week-ends just always

the 20% is ur money u can do what u want, also istant withdrawl

max cashable is 20%*4

isn't this more easy? :p

and BTW i personally play ONLY istant pays casinos, i put my money istant= i want my winning istant!
 
BTW

7 pages to talk about what Casino Extreme does since forever...

deposit

1-999999999999999999999999

u lose u get 20% cashback, no invite mail, no week-ends just always

the 20% is ur money u can do what u want, also istant withdrawl

max cashable is 20%*4

isn't this more easy? :p

and BTW i personally play ONLY istant pays casinos, i put my money istant= i want my winning istant!

It's surely not that fancy anymore but 25% is more than 20 and we have no max cashout which was recognized by forum members as a major negative aspect for the previous bonus setup.

Like I previously stated I would be more than happy to implement new bonus ideas that would differentiate our casino from others and that offers real benefit to players. Bonuses we are looking for need to be as simple as possible, unique, easily understandable, not ambiguous, rewarding, attractive to both casino and players and thus should not remove the aspect of gambling.

It's a real challenge!
 
XXLClubCasino,

How about the same terms, the only difference being a kickback as long as you have lost 50% of your deposit and cashed out the remainder. Yes, that would be quite tilted towards the player but emotionally, the player may feel much better off as he had lost his whole deposit and still retains something he can work on. As an ongoing bonus, this should be able to retain players. Really, some players dont feel that good to lose 100% of their deposit before a kickback.
 
XXLClubCasino,

How about the same terms, the only difference being a kickback as long as you have lost 50% of your deposit and cashed out the remainder. Yes, that would be quite tilted towards the player but emotionally, the player may feel much better off as he had lost his whole deposit and still retains something he can work on. As an ongoing bonus, this should be able to retain players. Really, some players dont feel that good to lose 100% of their deposit before a kickback.

Thanks, good input, surely worse doing the math for this variation.
 
i Personally think:

the kickback or cashback or how u want call it...

just give 20-25% back (this is what an affiliate takes)

so.. an affiliate can use it with no wanger/limit/kicks/playt etc..

why should players had all this crap?

wanno do something really cool and innovative on the web and obvoiusly easy to understand?

Just make an easy, clear 20% kickback/cashback do whatever u want, it's just ur money.

this is what a "kickback" should do, put u back in game and have fun without *50 /25 -xyz +1 cosy+sen@ etc etc


AND

offer as many istant withdrawl as u wish just by a click (check 3dice casino).

I PERSONALLY think this is the key and i'll surely play ONLY this type of casino.

My 2 cents :=)
 
Why no answer by the XXL? :D

Not sure what to answer, I think I do not understand all your post. This bonus is a 25% cashback on the deposit.

With regard to withdrawal processing time we handle payments in 4 working days, higher VIP levels get faster cashout time. I truly believe 4 days is fine when you know it's a final transaction and that you are 100% sure to be paid.

Sure instant cashout sounds good but are most of the time not practicable as not even neteller, click2Pay clear instantly.

Please reformulate your statement about affiliates I simply didn't get it.

Thanks
Frank
 
Not sure what to answer, I think I do not understand all your post. This bonus is a 25% cashback on the deposit.

With regard to withdrawal processing time we handle payments in 4 working days, higher VIP levels get faster cashout time. I truly believe 4 days is fine when you know it's a final transaction and that you are 100% sure to be paid.

Sure instant cashout sounds good but are most of the time not practicable as not even neteller, click2Pay clear instantly.

Please reformulate your statement about affiliates I simply didn't get it.

Thanks
Frank

If i'm an affiliate i get between 15% up to X% on what "my" player lose right?

this money i get (call them X% money) are my money and i do wha i want.

What u want to do is the hard kickback/cashback, which , up to me, is not so innovative and no so clear.

So just think put "player" and "affiliate" on same level, and give the player just a clear-straight-no doubt X% cashback whit no rules, restriction etc.

Clear now or u think will go broke if this? lol
 
Not sure what to answer, I think I do not understand all your post. This bonus is a 25% cashback on the deposit.

With regard to withdrawal processing time we handle payments in 4 working days, higher VIP levels get faster cashout time. I truly believe 4 days is fine when you know it's a final transaction and that you are 100% sure to be paid.

Sure instant cashout sounds good but are most of the time not practicable as not even neteller, click2Pay clear instantly.

Please reformulate your statement about affiliates I simply didn't get it.

Thanks
Frank

If i'm an affiliate i get between 15% up to X% on what "my" player lose right?

this money i get (call them X% money) are my money and i do wha i want.

What u want to do is the hard kickback/cashback, which , up to me, is not so innovative and no so clear.

So just think put "player" and "affiliate" on same level, and give the player just a clear-straight-no doubt X% cashback whit no rules, restriction etc.

Clear now or u think will go broke if this? lol

Part2.

4 daYs to put money back on click2pay-neteller-moneybrookers etc?
i can understand 4 days back to credit cards...

4 days are really A-LOT.
U running MG casino right?

Now i've a question for u;

Why Should i play a 4-days-payout casino when same software is on same Istant payout casinos or casinos on line since forever?

I'll make it more clear;

Why shold i play XXL casino? What make it so attractive? the kickback?

Sure instant cashout sounds good but are most of the time not practicable as not even neteller, click2Pay clear instantly.

When i withdrawl from 3dice casino i just click on withdral, select neteller and while i click i recevie the mail money are on neteller, i go check and... THERE they'r :)

Same with casino extreme, while i chat asking to proceed it, next aswer i get is "they'r just on ur account now".. 15sec chat.

I can understand bet365 taking 1 long hour and only do it on day-time ( u need someone do it manually).


Hope i'm helping and no just compling :)
 
If i'm an affiliate i get between 15% up to X% on what "my" player lose right?

Small note about the affiliates .. lets not forget that they also share that percentage in the withdraws any of "their" customers make .. putting that on the same level as the player is not so simple as few players will be prepared to pay back their kick-backs when they win ;)

There is however more than enough room for an elegant solution, and the one we have in place at 3Dice is a perfect example. ( the comp point program regulates the amount of bonus a player gets, which rewards the players that play .. abuse strategies will mean less play and lead to less bonus whereas slot players that generate a lot of play through will get much more ..)

When i withdrawl from 3dice casino i just click on withdral, select neteller and while i click i recevie the mail money are on neteller, i go check and... THERE they'r :)

Same with casino extreme, while i chat asking to proceed it, next aswer i get is "they'r just on ur account now".. 15sec chat.

I can understand bet365 taking 1 long hour and only do it on day-time ( u need someone do it manually).

Another small note : neteller, moneybookers and click2pay all provide in instant payment to the customers, and it is just a matter of setting things up correctly in the back-end to make this work .. we feel that instant cash-outs are an important aspect of the customer gambling experience and it is good to know for the customers that there's no-one 'in-between' that can 'hold' the withdrawal ..

U running MG casino right?

Now i've a question for u;

Why Should i play a 4-days-payout casino when same software is on same Istant payout casinos or casinos on line since forever?

I'll make it more clear;

Why shold i play XXL casino? What make it so attractive? the kickback?

At the end of the day, you make a strong point drk .. why would anyone play at 'the next mg casino', when there's others, around for much longer, that are offering the same product. The internet is a global market and taking a success formula to apply it a couple of miles down the road is not a strategy that works very well online. When your product is exactly the same, you'll have to differentiate yourself by making a crazier bonus or offering affiliates an even more desperate percentage than any of your competitors .. and some of them are pretty desperate for players ...

The internet is a small, small place .. with only room for one casinomeister, one youtube, one 32red ... you're in competition with the best so better make sure you've got some weapons to compete with ..

Enzo
 
Nice to see someone agree with something so clear :)

ty Enzo

3dice is making nice job, only thing u should increase the bet on slots..

Let's see what XXL asnwer is :)
 
Bet 365 is the only Playtech casino I have come across that offers near instant withdrawals. Of course, XXL could try to improve on this by giving an option to flush the withdrawal and have it placed in the customer's account within 24-48 hours. This is unsatisfactory but still places tjem ahead of most of their playtech competitors

I also do not understand what drk's concern on the kickback is. If you lose your whole deposit, you either get back 25% kickback with no strings attached ie you can withdraw right away or you can opt to have a 50% kickback of your deposit which you must play with and you may only be able to withdraw half of the balance after play up to the maximum of your original deposit. If this is correct, it might be slightly better than what is offered to affiliates, right? XXL may care to comment on whether my understanding is correct.
 
First we are a Playtech operators and not that desperate as you might think, but I will not further comment on this.

I/we truly believe that their is plenty place for online casinos that offer a great service to players and great playing rewards (btw. we do have a comp points program).

To think that 1 MG or 1 Playtech casino is enough to cover all different areas and player tastes is somehow simply not a valid argument and you might want to review marketing 101 about differentiation (XXL Club main target market is Russia).

I surely do not want to force anyone to play at our casino and just try to find the best offer that would best suites player tastes and playing behavior, that's all.
 
Bet 365 is the only Playtech casino I have come across that offers near instant withdrawals. Of course, XXL could try to improve on this by giving an option to flush the withdrawal and have it placed in the customer's account within 24-48 hours. This is unsatisfactory but still places tjem ahead of most of their playtech competitors

I also do not understand what drk's concern on the kickback is. If you lose your whole deposit, you either get back 25% kickback with no strings attached ie you can withdraw right away or you can opt to have a 50% kickback of your deposit which you must play with and you may only be able to withdraw half of the balance after play up to the maximum of your original deposit. If this is correct, it might be slightly better than what is offered to affiliates, right? XXL may care to comment on whether my understanding is correct.

I now understand where the confusion come from, last month we started this promotion with the more complicated 50% cashback and 25% direct cashout with a max cashout of the amount deposited.

Due to great post in this thread and very constructive feedbacks we slightly change the rules of this bonus (see new post "second edition") to get rid off the unpopular max cashout amount and to simplify the wording and "just" kickback 25% of the player lost (this on top of the comps).
 
To think that 1 MG or 1 Playtech casino is enough to cover all different areas and player tastes is somehow simply not a valid argument and you might want to review marketing 101 about differentiation (XXL Club main target market is Russia).

I surely do not want to force anyone to play at our casino and just try to find the best offer that would best suites player tastes and playing behavior, that's all.


Go for Russia, when u want have europeans make a post :)


I also do not understand what drk's concern on the kickback is. If you lose your whole deposit, you either get back 25% kickback with no strings attached ie you can withdraw right away or you can opt to have a 50% kickback of your deposit which you must play with and you may only be able to withdraw half of the balance after play up to the maximum of your original deposit. If this is correct, it might be slightly better than what is offered to affiliates, right? XXL may care to comment on whether my understanding is correct.

so exactly what casino extreme do since forever.. where's the innovation?

my point is:

If u want to do some INNOVATION do it, and i'll really appreciate it, but MUST BE an innovation.

AND the 4 days payout is simple ridicoulus.

Cheers
 
how about run some kind of tournament - might get me to check out your casino again...once in I may even gamble (outside of the tourney)
 
Yup tournies are a good idea.
How about freeroll tournies for new accounts.
A great way to introduce peeps to your games with a chance of winning some free cash.
You could get say 3 tokens bronze,silver,gold that give you entry to 3 freeroll tournies of differing value.
Any winnings go into the bonus account and subject to a low WR say *10
 

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