Post-wager bonuses, what's the point?

[ChopleyIOM]

Slightly dodgy email from Virgin today IMO:

Subject line is as follows. Look, a free £100!



You haven't visited in a while. Here's £100 FREE!



Oh right, I see, I need to wager £2500, and then I get my 'free' £100.

Fantastic!

 

[ChopleyIOM]

Compare and contrast with the email I got from Jackpot Party today. No flannelling, no nonsense about 'free money', just a nice straightforward message about tomorrow's match-up offer.

Nice clear link to the T&Cs as well.

 

[Simmo!]

For an alternative view, post-wagering bonuses are perfect for me. I like to deposit with no bonus and have the freedom to cashout when I'm up. In most sessions I'll be up at some point and I need the flexibility of being able to stop at that point to avoid the age-old casino trap of not getting out when you're ahead. Which I still screw up on sometimes but at least the decision was in my hands

As long as it's a casino that doesn't f*** around with reverse times and signed authorisation forms etc, then I'll probably be around long enough to get the bonus anyway eventually. To me, auto-credited sign-up/deposit bonuses with silly WR over say 20x are simply restrictive and I avoid them like the plague unless I am simply playing for the fun.

 

[chuzzleaddict]

GetMinted have this same post-wager bonus thing going on. I just joined up last week and this is the first time I encountered this system. Found it all very confusing. Have wagered a fair bit and still have about £147 of the £200 yet to be released, but can't even have the portion I am already eligible for, until the whole WR has been met. I think they should let you take it in £10 portions or something because it may be a lonnnnnnnnng time before I reach WR the way things are going, and the £200 bonus was a huge incentive when joining. On the flipside, at least wins are instantly withdrawable when playing on 'your own money'. Swings and roundabouts I suppose.

 

[AudiManinBoro]

You have got it wrong. The money you have lost is a sunk cost. If the bonus was a good deal to start with, it is even a better deal after you have satisfied part of the wagering.

I fail to see how having to continously throw money into getting a bonus is `a good deal` If you cant afford to continously keep on redepositing in the hope of receiving your initial 100 % sign up bonus, this is a lure and nothing more. Granted you might get lucky, but most will not. A match bonus, if you put 50 on you GET 50, if you lose it all its game over, there is no incentive, desire or frustration to carry on playing by adding more money. With a post wager bonus many people im sure feel the need to get what they believe is theirs which they should have had to begin with and as a result feel obliged to keep on adding money into the casino. If it eventually costs you 100 in deposits to release that 50 bonus in essence the bonus you have recieved is only 50 % and not 100. If your unlucky, you have to continously keep on redepositing to get what you should have had to begin with, which means the bonus you receive drops even further in terms of what you have spent versus what you get. Very manipulative in my opinion.

 

[AudiManinBoro]

For an alternative view, post-wagering bonuses are perfect for me. I like to deposit with no bonus and have the freedom to cashout when I'm up. In most sessions I'll be up at some point and I need the flexibility of being able to stop at that point to avoid the age-old casino trap of not getting out when you're ahead. Which I still screw up on sometimes but at least the decision was in my hands

As long as it's a casino that doesn't f*** around with reverse times and signed authorisation forms etc, then I'll probably be around long enough to get the bonus anyway eventually. To me, auto-credited sign-up/deposit bonuses with silly WR over say 20x are simply restrictive and I avoid them like the plague unless I am simply playing for the fun.

Which I would hazard a guess and say, most people play for fun and for play time lol. If you hit big great, if not the next best thing is to get as much enjoyable play time as you can. If you put your 50 on and the slots play bad, you bust out quickly, lose your own deposit and receive NO bonus UNLESS you give the casino even MORE money :s

 

[chuzzleaddict]

Just remembered something that happened to me a couple of years back when I first joined Virgin Games and had this post wagering thing. Was having a terrible run on slots and had released about £68 of bonus in wagering. I complained and said I wanted to leave the site due to how badly I had been doing eek:lol), and they then offered to release the bonus I was eligible for to try and play with and change my luck, forfeiting the rest of the bonus. I agreed to this, and low and behold my £68 bonus money turned in to about £700 on my next slots session! I became a big fan of Virgin Games after this for quite a while, especially as I am a Flying Club member so love collecting the points, which soon rack up when you high roll.

I no longer play there due to a few reasons (found a new hang out and like to stick to just one or two) but it was a good time while it lasted.