now wagering requirements

[aye-nay]

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?

 

[KasinoKing]

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

 

[aye-nay]

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

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!

 

[jpsartre]

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

 

[KasinoKing]

JP, thanks for saving me LOADS of typing!

(I couldn't have explained it as good as you anyway!)

 

[Ping]

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?



Ping

 

[jpsartre]

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.

 

[KasinoKing]

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

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.

 

[DeMango]

My 50% ReUp Bonus at FL allows full wagering on BJ. Only Craps and Roulette are excluded. And WR are only 10X(D+B)

 

[chuchu59]

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?



Ping

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.

 

[Ping]

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.

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...




Ping

 

[KasinoKing]

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.

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! )

 

[Macgyver]

I am totally mystified why online casinos disallow it in WR.

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

Many people will argue that the reason no-risk wagers are disqualified from bonus wagering requirements is because it gives players a way of artificially increasing their overall wagering volume, which makes it easier for players to meet the required threshold. Or it helps players reduce their risk of ruin by smoothing out the volatility of their wagering sessions. These are valid arguments, but in the end no-risk wagers will give back more money to the house than other, smarter wagers at the same table will. I'd like to see a casino run a limited-time promotion that encourages people to place no-risk wagers, or at least doesn't discourage them. It may attract some good, dumb money.

Some reasons as to why they're excluded, but at the end, pretty much agrees with KK.

 

[Vesuvio]

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! )

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.

 

[KasinoKing]

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.

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!

 

[GrandMaster]

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!

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.

 

[aye-nay]

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.

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

 

[KasinoKing]

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.

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!!!

 

[Ping]

Myself - I'd rather do something more risky and try to make a good profit - this is supposed to be gambling you know!!!

Well said!



Ping

 

[KasinoKing]

Thanks!
PS. Where's my 200 bucks?