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Question about Videoslots Welcome Bonus

Discussion in 'Online Casinos' started by davidsmith56, Jan 23, 2015.

    Jan 23, 2015
  1. davidsmith56

    davidsmith56 Senior Member

    Occupation:
    retired civil servant
    Location:
    Kent,United Kingdom
    Ok,i know this is something I should know the answer to but for some reason I just can't get my head around it.As the welcome bonus is added in 10% increments,this presumably means that if you take the full £200 deposit with 20x wr,this means the first £20 is added after wagering £400,the second after £800 and so on.Does each increment get added to your balance automatically by the system or do you have to claim each £20 manually.Also if you bust out before completing the full £4000 wr,is the wagering and bonus carried forward to subsequent deposits or is it lost forever if you lose your first deposit.Thanks guys.
     
  2. Jan 23, 2015
  3. bowki

    bowki Senior Member

    Occupation:
    -
    Location:
    Germany
    Added automatically by the system. And you can reload to continue wagering. Or you can forfeit the bonus if you like on your next deposit.
     
    2 people like this.
  4. Jan 24, 2015
  5. spintee

    spintee Meister Member webby mm2

    Occupation:
    gambler :)
    Location:
    Northants
    It is auto and as you already start with double your deposit your guarantee to get your first instalment :) But if your on a bad roll than will be lucky to get your 2nd instatement, But if your lucks in than than bonus will keep going on, If you bust out than you can cancel it, Theres no sticky bonus here,

    Video slots is a really good site, Only thing I do not like is the bonus structure, Other than that you cannot go wrong.
     
    2 people like this.
  6. Jan 26, 2015
  7. Philip

    Philip General Manager for Videoslots

    Occupation:
    General Manager
    Location:
    Malta
    Hi davidsmith56,

    If you make a deposit of £200 you will get a bonus of the same amount. The bonus amount it released to your account in increments of 10% which in this case would be £20. The WR for this bonus is x20 so the total WR would be £4,000 and for every £400 you wager you would get one instalment. You can make as many deposits as you want during this bonus and continue to wager it. The instalments are paid to your account automatically so you don't have to worry about not getting them.

    // Philip
     
    1 person likes this.
  8. Jan 26, 2015
  9. asadzareef89

    asadzareef89 Meister Member MM

    Occupation:
    Admin Asst
    Location:
    United Kingdom
    so technically people might have to make 5-6 or even 10 deposits if they are really unlucky to get the full bonus amount? so does this actually mean 100% welcome bonus? it could be marketed as free money for wagering but not really bonus as you never actually get it until you wager a certain amount and then get cash so bonus is never there right, its actually cash for wagering
     
  10. Jan 26, 2015
  11. spintee

    spintee Meister Member webby mm2

    Occupation:
    gambler :)
    Location:
    Northants
    Its about the only negative thing I can say about them is & thats how there wager works, You are right about the 5-6 deposits to take full advantage of the deposit bonus if you not having much luck, It can always be cancelled low if you reach 0, But if you dis deposit 100 with 100% than you may only get £20 of the bonus if your on a bad roll, Plus the cons that come with a bonus such as max wager ect,
     
  12. Jan 26, 2015
  13. asadzareef89

    asadzareef89 Meister Member MM

    Occupation:
    Admin Asst
    Location:
    United Kingdom
    I dont think its a bad thing, its just a poor marketing tool. Not one of my regular casinos but hve heard/read plenty of gr8 things abt it. I dont play there as i made 3 deposits i think to get my welcome bonus n still failed so i gave up.

    I personally would like to see the words in promo changed to something like get rewarded for upto 100% of your 1st deposit just 4 wagering. I think its a bit misleading in its current form
     
  14. Jan 26, 2015
  15. spintee

    spintee Meister Member webby mm2

    Occupation:
    gambler :)
    Location:
    Northants
    Yes you can end up sticking 500 - 600 in just to get the full £100 100% deposit bonus, So I cannot see how it really is a 100% deposit bonus?

    Your a great site VS but with the new regs from the U.K this may be breaching rules as could be classed as misleading, As if you do end up sticking £500 in just to get the full £100 deposit bonus than it really becomes a 20% bonus,

    Only the other day a site was fined and adverts was pulled from U.K for stating a 100% cash back (cannot lose) when in fact it was not cash back as it had a wager tied to it,
     
  16. Jan 26, 2015
  17. Deeplay

    Deeplay New World Order CAG mm1 webmeister

    Occupation:
    Works For Self
    Location:
    The biG Eu
    I would tend to agree with this. When I have played there is the past I did not take further bonuses because of the way it is set up. Just not for me.
     
    1 person likes this.
  18. Jan 26, 2015
  19. ProbabilityZero

    ProbabilityZero Senior Member

    Occupation:
    Carer of Dementia sufferers
    Location:
    Onmybutt
    This reminds me of another Casino I joined with an identical bonus structure. I think it was Starspins (but it may have been Bet 365 or Sky Bingo).

    The bonus is obviously designed so that if you don't meet wagering requirements (as is more likely) in first deposit, it encourages you to make further deposits so that you "see" the complete bonus. This wouldn't bother me (as I would be likely to make a lot of further deposits anyway) if it werent for the fact that these extra deposits would need to be made within a 7 day period. I would ask the rep to clarify if the bonus would expire within 7 days if completely unused or would still expire if partially used. If the latter is the case I think the bonus would be fine if they extended to 30 days.

    On the flip side it only carries 20x wager for the bonus amount. If you strike lucky early on this is certainly achievable and actually with low enough cost spins and high enough bank roll effectively gives EV+ odds on this bonus.

    I love the idea of the weekly cash ladder competition. I presume looking at the terms though that you cannot enter this at all whilst a bonus is active even if you are unlucky enough to make many deposits to gain the whole bonus. In fact I love the idea of the achievements too as it appeals to the console gamer in me. I think this casino shows fantastic innovation in a genre that is just too stale. Just a shame they don't have freeroll tournaments.

    Taking nothing away from this site with my above observations. On the surface it would seem to me by far the best casino to surface for some while and it would seem that their popularity is growing vastly. I'll be joining in the fun :)
     
  20. Jan 26, 2015
  21. andym

    andym Experienced Member

    Occupation:
    student
    Location:
    germany
    absolutely. Thats why i cancel my account immediately there after my first deposit. I was not able to get more than 20Eur with my 200Euro deposit.
    And as soon as i realized their bonus structure (unfortunately too late) i let them delete my account immediately.
    Thats not the kind of bonus structure or welcomebonus i want to deal with.
     

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