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Question about cashing out before bonus WR hit.

Discussion in 'Online Casinos' started by zeronero, Aug 3, 2005.

    Aug 3, 2005
  1. zeronero

    zeronero Dormant account

    Occupation:
    Student
    Location:
    NorCal
    I have a stupid question that I'm about to ask, here it goes.

    What happens if one cashes out early before the bonus WR is hit?

    Here's an example: Deposit $100 get 100% bonus = $200. End up cashing out early at $150.

    My guess is that you start playing with the bonus first so one would still get the $100 deposit back and forfeit the $50, right?

    The only reason it would be different is if the bonus is for wagering purposes only, then they take back that $100 bonus no matter what the case leaving $50 to the cashed out. That is the type of "false bonus" that should be avoided correct?
     
  2. Aug 3, 2005
  3. Vesuvio

    Vesuvio Dormant account

    Location:
    UK
    No, as a rule you're playing with your own money first, so if you do that you'll end up with $50, though more often than not the whole withdrawal will be cancelled and you'll find the money back in your casino account.

    Casinos vary, so you need to check the particular terms and conditions. "Cryptos" which give the bonus up front, like Intercasino, always let you withdraw your deposit, but nothing in excess of your deposit until you meet the wr.

    That sort of "false" bonus shouldn't be rejected as they're often very lucrative. The traditional approach is just to lump everything on the first hand/spin & meet the wr if you win. If you work it out you're getting extremely good odds on a near 50/50 shot, though obviously on each individual offer you're expected to lose.
     
  4. Aug 3, 2005
  5. zeronero

    zeronero Dormant account

    Occupation:
    Student
    Location:
    NorCal
    The reason for me asking this question is because currently I'm playing with Casino on Net and didn't realize that deposits through Neteller require a 50x WR to get the bonus. Since my bonus is $200 I'll have to gamble $10,000 in order to get the money. Right now I'm debating it, time is the major issue here. If I do cash out early I just would like to get my $100 back, but if that's not going to happen then guess I'll have to go for it.
     
  6. Aug 3, 2005
  7. universexf6

    universexf6 Dormant account

    Occupation:
    Harakiri
    Location:
    A Country Called Full Of Geld
    Most of the new players play only to find how imporatant reading T&C
    is.

    Reading T&C is the only way not to be trapped at such cunning casinos
    who try to take money out of players.
     
  8. Aug 4, 2005
  9. nafanny29

    nafanny29 Dormant account

    Occupation:
    financail adviser
    Location:
    London, England
    Very true universexf6. I personally have nothing to do with bonuses but for your average 1st time player they must seem great... until eventually they win a few quid, try to cashout.. and then get told theve gotta gamble another $10000, or worse are told their account is locked due to condition 766659 of the T&Cs barring anyone who wins anything.
     
  10. Aug 4, 2005
  11. antibes

    antibes Dormant account

    Occupation:
    Unemployed
    Location:
    Ireland
    In Littlewoods yesterday I lost my 25 bonus after only playing 100 of the 500 WR, and stopped.

    If I don't play again this month, when I get Septembers 25 bonus, will I have to wager 900, or just the usual 500.

    Tks
     
  12. Aug 4, 2005
  13. KasinoKing

    KasinoKing WebMeister & Slotaholic.. CAG MM PABnonaccred webmeister

    Occupation:
    House-Husband and Casino Advisor
    Location:
    Bexhill on sea, England
    Do yourself a favour - in future ALWAYS read ALL the T&C's before you deposit! :eek:
    (I know it's a ball-ache, but it will save you grief later..)

    I don't know what C.O.N.'s policy is - I suggest you ask them!


    Antibes: Same advice - contact Littlecocks and ask them!
    (Some Crypto's do carry WR over, and some don't)
    I would guess that as they have Littlecocks they WILL carry it over - after all, I got banned for so-called 'bonus abuse' after a 6-month period during which I made a net LOSS at their crapsino!
     
  14. Aug 4, 2005
  15. zeronero

    zeronero Dormant account

    Occupation:
    Student
    Location:
    NorCal
    I decided to cash out early. I calculated that I would be able to play roughly 12 hands a minute playing 3 hands at a time since their software is slow due to the animation. In order for me to clear the bonus it would take about 12-14 hours of play. Assuming that I would make all of the bonus, $200, I would only be making about $16 dollars and hours which is not worth my time at all.
     
  16. Aug 4, 2005
  17. KasinoKing

    KasinoKing WebMeister & Slotaholic.. CAG MM PABnonaccred webmeister

    Occupation:
    House-Husband and Casino Advisor
    Location:
    Bexhill on sea, England
    I not sure they'll pay you anything if you don't finish the WR...
    Let us know...
     
  18. Aug 4, 2005
  19. Bruce Hamilton

    Bruce Hamilton Dormant account

    Occupation:
    What's a job?
    Location:
    USA
    Oh? :eek: :eek2:
    I was under the impression that hitting a zero balance negated any WR.
     

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