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now wagering requirements

Discussion in 'Online Casinos' started by aye-nay, Nov 1, 2004.

    Nov 1, 2004
  1. aye-nay

    aye-nay Dormant account

    Location:
    In Norway
    in some previous tred it was mentioned that newbies often get confused about wagering requirements, and that's the case with me. they usually explain it in some very complicated way. could anybody tell if there are any major tendencies, advantages and disadvanrages in some particular casinos?
     
  2. Nov 1, 2004
  3. KasinoKing

    KasinoKing WebMeister & Slotaholic.. CAG MM PABnonaccred webmeister

    Occupation:
    House-Husband and Casino Advisor
    Location:
    Bexhill on sea, England
    Yes there are.
    If you would like to post or PM me with questions about specific casinos, I will do my best to help.
    KK
     
  4. Nov 3, 2004
  5. aye-nay

    aye-nay Dormant account

    Location:
    In Norway
    well, I can't put it more specifically yet, I'm afraid - I mean can't name the casinos I'm particularly interested, as thet are almost all the same for me yet. I want to know:
    is BJ always forbidden to regain your bonus?
    can I always refuse the bonus in order to play BJ? should I do it or will I lose it automatically?
    do I get my winnings only after all the bonus turns into real money, or can I withdraw a part in the middle?

    that's it for now and 10x for your help!
     
  6. Nov 3, 2004
  7. jpsartre

    jpsartre Dormant account

    Location:
    Denmark
    First, to answer some of your questions:

    You can almost always refuse a bonus but not if you have wagered with it. So if you get a bonus you do not want, DON'T PLAY, not even a single $. Email the casino and ask them to remove the bonus. Whne they have done so, you can play.

    I know of no place where you can withdraw, say half the bonus after fulfilling half the wager-requirements. It's always a all or nothing affair.

    Think of it this way: Say you take a bonus form a casino. In this case the casino wants you to wager x amounts of $ before they will let you withdraw that bonus (this is called the wager-requirements for the bonus). In other words, you have to do some work (that is, play at the casino) before you earn your pay (the bonus). It's difficult to say something that applies to all casinos. However, here are some rules that applies to most:

    Microgaming:

    Bonuses are sometimes credited automatically, sometimes you have claim them, either by email or a claim-form on the casino-website. Sometimes you can play BJ to earn the bonus but most times not. This is always specified in the casinos Terms and Conditions. At most Microgaming casinos you cannot make a withdrawel before you finish your work. So say your playing to earn the bonus and lose it halfway through leaving you with only your original deposit, the casino will not allow you to withdraw this money. You will have to keep 'working' (playing) until you have fulfilled the wgaer-requirements.

    Cryptologic:

    The bonus is added to your account automatically. You can almost always play BJ top earn the bonus. You are also able to withdraw your deposit anytime, though if you want to withdraw any winnings and the bonus you have to finish the wager-requirements.

    Boss-casinos:

    Again, the bonus is added automatically. You can play BJ to earn the bonus. You can withdraw your winnings and your deposit anytime but this means that the casino will take back the bonus. Alos, note that you lose your own money first. So if you deposit $50 and get a $50 bonus and lose $50, the $50 left in your account will be considered the bonus. And as such you cannot withdraw it before finishing the wager-requirements.

    Playtech:

    Most of the time the bonus can never be withdrawn, even after finishing wager-requirements.

    RTG:

    Don't play there.

    And something that applies to all casinos: ALWAYS READ THE T&C CAREFULLY AND IF YOU HAVE ANY DOUBTS, ASK HERE OR EMAIL THE CASINO!!!

    Specifically, you should look for:

    1) Wager-requirements
    2) Excluded games (games that cannot be played to earn the bonus).

    Hope this helps you out :)
     
  8. Nov 3, 2004
  9. KasinoKing

    KasinoKing WebMeister & Slotaholic.. CAG MM PABnonaccred webmeister

    Occupation:
    House-Husband and Casino Advisor
    Location:
    Bexhill on sea, England
    JP, thanks for saving me LOADS of typing! :thumbsup:

    (I couldn't have explained it as good as you anyway!)
     
  10. Nov 3, 2004
  11. Ping

    Ping Dormant account

    Occupation:
    coffee drinker
    Location:
    Asia
    Correct me if I am wrong, but usually, isn't it games with low-risk bet opportunities, like BACCARAT, CRAPS, ROULETTE, SICBO are the ones that are excluded in the wagering requirement?

    Playing BLACK JACK is usually included in the wagering requirement, right? :what:



    Ping
     
  12. Nov 3, 2004
  13. jpsartre

    jpsartre Dormant account

    Location:
    Denmark
    With the current wager-requirements there are no low-risk bets. And as I said, there are quite a few casinos that excludes BJ, mostly Microgaming casinos.
     
  14. Nov 3, 2004
  15. KasinoKing

    KasinoKing WebMeister & Slotaholic.. CAG MM PABnonaccred webmeister

    Occupation:
    House-Husband and Casino Advisor
    Location:
    Bexhill on sea, England
    Wrong! (Consider yourself corrected! ;) )

    Read JPSartre's 1st post - it's spot on!
    (Especially RTG - Don't play there! ;) )

    From my study of ALL MG's last month:-

    By the way, here's some more 'did you know's...' about the 82 MG's (in terms of wagering requirements for sign-up bonuses):-

    Only 7 allow full wagering on Blackjack,
    14 count it as 50%, 13 less than 50%, the rest ZERO!

    For Video Poker: 14 full, 24 50% and/or no Jacks+, 4 30%, rest Zero.
    18 allow slots only (No progressives!)
    Only 19 have WR x15 or less, 10 of these are x6, but you need D+(Bx2) to cash out.
    The highest WR is a whopping 90x playthrough!
    The smallest % is 30% (excluding 0.05% & zero!), the biggest is 1,000%!
    24 offer 'no deposit' bonus between $10 & $16.
     
    Last edited: Nov 3, 2004
  16. Nov 3, 2004
  17. DeMango

    DeMango Dormant account

    Occupation:
    Postal Clerk, Residential Contractor
    Location:
    Englewood, FL USA
    My 50% ReUp Bonus at FL allows full wagering on BJ. Only Craps and Roulette are excluded. And WR are only 10X(D+B)
     
  18. Nov 4, 2004
  19. chuchu59

    chuchu59 gambling addict CAG PABnonaccred

    Occupation:
    EXECUTIVE
    Location:
    SOMEWHERE IN ASIA
    Frankly,I can never understand why Baccarat and Roulette are low risk bet opportunities as long as you bet on one side only. In the land casinos that I frequent,it is very often that a gambler loses his entire fortune on baccarat.
     
  20. Nov 4, 2004
  21. Ping

    Ping Dormant account

    Occupation:
    coffee drinker
    Location:
    Asia

    Baccarat, Roulette and Craps are considered under "games with low-risk bet OPPORTUNITIES" because if one bet on BOTH SIDES, they have an artificially high value of bet, but is actually risking very small amount only, esp. in Baccarat.

    At least, that's how I think it is... :what:




    Ping
     
  22. Nov 4, 2004
  23. KasinoKing

    KasinoKing WebMeister & Slotaholic.. CAG MM PABnonaccred webmeister

    Occupation:
    House-Husband and Casino Advisor
    Location:
    Bexhill on sea, England
    I'm the same. I know nothing about Baccarat, but I do know it's IMPOSSIBLE to place a no-risk wager on Roulette.
    This game has probably the simplest maths of any casino game to work out, and it has one of the highest house edges at 2.7% - and that's if it's only got ONE zero!
    I am totally mystified why online casinos disallow it in WR.
    If I owned an online site, I'd be happy to allow WR on Roulette ONLY!
    (And I'd be singing all the way to the bank! ;) )
     
  24. Nov 4, 2004
  25. Macgyver

    Macgyver Dormant account PABnononaccred

    Occupation:
    Student
    Location:
    North Carolina
    When I did a google search, I came up with an article from Winner Online. Here's an excerpt:

    Some reasons as to why they're excluded, but at the end, pretty much agrees with KK.
     
  26. Nov 4, 2004
  27. Vesuvio

    Vesuvio Dormant account

    Location:
    UK
    I think it's just that with Roulette you can bet on e.g. red, black & 0 (some variation of 18,18,1). So if the wr's fairly low it'd be possible to get an absolutely guaranteed profit very quickly (quite an incentive for those pesky bonus hunters ;) ). You should on average get more playing BJ, but it also takes longer and you risk losing your deposit.
     
  28. Nov 4, 2004
  29. KasinoKing

    KasinoKing WebMeister & Slotaholic.. CAG MM PABnonaccred webmeister

    Occupation:
    House-Husband and Casino Advisor
    Location:
    Bexhill on sea, England
    The Roulette method you describe would be a VERY bad plan, even for a bonus hunter! To be worth anything the WR would have to be tiny. This plan also ensures that you lose something EVERY spin, ending up with a tiny profit (if any) - at least with other games you have a chance of a good run leading to a nice profit!
    According to 'The Wizard', even Stud Poker has lower house edge of 2.555% if played a certain way - yet this is allowed nearly everywhere!
    I probably would not play Roulette even if it WAS allowed because my fingers have been badly burnt by it before - but I still don't understand why casinos ban it!
     
    Last edited: Nov 4, 2004
  30. Nov 4, 2004
  31. GrandMaster

    GrandMaster Ueber Meister CAG

    Occupation:
    Mathematician by day, online gambler by night.
    Location:
    UK
    The point is that as long as the WR is less than 37xB, you can make a guaranteed profit by covering all numbers in roulette if allowed. Some people may prefer a smaller guaranteed profit to a potentially larger, but uncertain profit that could be achieved by playing, say, blackjack.
     
  32. Nov 4, 2004
  33. aye-nay

    aye-nay Dormant account

    Location:
    In Norway
    btw, I tried to cover all numbers at the wheel of fortune (or at least a lot of numbers, I don't quite remember). but that wasn't worth it :(
     
  34. Nov 4, 2004
  35. KasinoKing

    KasinoKing WebMeister & Slotaholic.. CAG MM PABnonaccred webmeister

    Occupation:
    House-Husband and Casino Advisor
    Location:
    Bexhill on sea, England
    Yes, you're probably right - a guaranteed tiny profit - I'm to tired to try to work it out right now!

    Myself - I'd rather do something more risky and try to make a good profit - this is supposed to be gambling you know!!! :D
     
  36. Nov 4, 2004
  37. Ping

    Ping Dormant account

    Occupation:
    coffee drinker
    Location:
    Asia

    Well said! :thumbsup:



    Ping
     
  38. Nov 5, 2004
  39. KasinoKing

    KasinoKing WebMeister & Slotaholic.. CAG MM PABnonaccred webmeister

    Occupation:
    House-Husband and Casino Advisor
    Location:
    Bexhill on sea, England
    Thanks!
    PS. Where's my 200 bucks? ;)
     

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