redbet change of bonus WR from x40b to x25(d+b)

[spintee]

Looks like theres a few different terms hidden abit than,

Unless stated otherwise all bonus money awarded will have a 45x wagering requirement;

Free spinss deposit::: Unless stated otherwise all winnings from free spins will have a 50x wagering requirement

Free spins, No deposit::: Unless stated otherwise all winnings from free spins will have a 60x wagering requirement

Unless stated otherwise all winnings from free spins will have a 60x wagering requirement

Winnings earned using any bonus, triggered by deposit, are limited to a maximum amount of the deposit (according to the individual terms of promotion) multiplied by 20;
So a 20 depo has a max cash out 400, & thats the rules, NO DISCRETION?

Last but not least Following slot games will only contribute 70% towards wagering requirement, meaning every €1 wagered on the following games will reduce the bonus wagering requirement by €0.70: Blood Suckers, Creature From The Black Lagoon, Eggomatic, Elements The Awakening, Fisticuffs, Gonzo's Quest, Lights, Magic Portals, Mythic Maiden, Reel Rush, Retro Super 80s, Secret of the Stones, Starburst, The Wish Master, Twin Spin, Wild Turkey (both web and mobile versions of the above games are included);

Sorry I no its gone abit of topic from the original OP,

Also, did you notice this general term:

"Winnings earned using any bonus, triggered by deposit, are limited to a maximum amount of the deposit (according to the individual terms of promotion) multiplied by 20;"

Disappointing to hit something really big and then only be able to cashout $2 000. Not as bad as lucky247 6x deposit though

Not sure if the first deposit bonus is 45x b or 45x d + b. There is this term just before the term KasinoKing quoted:

"Wagering requirement for bonus money, triggered by deposit, is being calculated from bonus+deposit multiplied by rollover count;"

Lastly not sure about if this means that you need to deposit more money to continue wagering if you have only bonus money left:

From the VIP bonus individual terms:

"Wagering requirement is 40 times the total gaming amount (bonus+deposit). Wagers made with deposited funds count towards reducing wagering requirement."

..and real money is used first. From the general terms:

"Bonus money is used after real money funds;"

 

[Dinahnana]

Interesting thread. I think the CAG (Bryan was suggesting he'd have a discussion about the way accredited casinos present bonuses and their terms) should have a look at all this.
IMO silly little percentages like 25% or 30% should NOT be tied in with deposits. To have a 30% bonus on $100 say and making the whole $130 'bonus funds' is simply unreasonable and a way of essentially making a player deposit cash far in excess of the bonus awarded and buying $100 of play chips with it.
There should also be one common denominator in any promotion WR - in the Redbet case the promotion should be described properly as '104 x B WR' (or whatever the calculation made by another poster was).

I think that this is a great idea. I agree small bonuses like 30% especially like in the case of Redbet where max bonus is 30 should not be tied in with deposits as you say. Maybe the 6x withdrawal max that some casinos have should also be discussed as well.

BTW: CAG always makes me think of Battlestar Galactica (new one). Great show that.

 

[psychogene]

Agree spintee.

I only had one withdrawal with them and that was in my Neteller account in 28 minutes. The only downside is i can't have my account in AUD as only Euro is available. As my home currency is THB, EUR is the most expensive currency for me to deposit. 100AUD cost me 2700THB, 100 Euro 3700THB. Would really welcome it if they would start accepting more currencies

My daily hangouts are now 32RED, VS (both accounts in AUD) and when my Neteller account is at a good level then always Redbet Love it that i can open 4 slots at the same time My question would be though, why can i do that only with Casino Red Slots and not with the ones on Casino Blue. Marius?

I agree I hate to play in Euro it gives so little value for my Aussie dollar. Mind you I only deposit small amounts but 30 Euro is like 45 AUD if you include the transfer fees involved. Its a bit of give and take because if you win big in Euros its nice to see that converted to much more than if it was just AUD but the flipside is you get less spins and less chance of longer play.

On the plus side theres alot more slots to choose from in Euro currency casinos as I have yet to find a site that has WMS and novomatic in AUD (I'm guessing its not supported?).

Thrills/Videoslots/32Red/Guts/Betat/Next Casino all support AUD and all but 32red/Betat support direct bank transfer for me.

I think the best place to play in Euro if you must as an Australian is Royal Panda (Netent/Microgaming) because they support direct bank transfer, fast payouts (1-2 days usually). There is a deposit fee of 10% or something but no withdrawal fees.

 

[hedgehok]

(...)
The 30% bonuses will practically not be seen anymore and we will be changing the weekend top-up from 30% to 50%. As you may noticed we'll lower or drop the use of the lowest bonuses and bump up the percentages. Additionally, 1st deposit bonuses are still at a very fair wagering (50x bonus) and the highest bonus percentages offered have dropped in wagering.
(...)

Can you assess when this changes will be applied?

 

[KasinoKing]

Not sure if the first deposit bonus is 45x b or 45x d + b. There is this term just before the term KasinoKing quoted:
"Wagering requirement for bonus money, triggered by deposit, is being calculated from bonus+deposit multiplied by rollover count;"

I checked this with my affy rep yesterday and he confirmed that it IS (D+B)x45 on the Welcome Bonus!
Someone over at VIP Stakes has seriously lost the plot. I told him my opinion, and he has promised to bring it up with the management.

Other bonuses do have their own specific WRs, which can be different to the standard terms.

KK

 

[dunover]

I checked this with my affy rep yesterday and he confirmed that it IS (D+B)x45 on the Welcome Bonus!
Someone over at VIP Stakes has seriously lost the plot. I told him my opinion, and he has promised to bring it up with the management.

Other bonuses do have their own specific WRs, which can be different to the standard terms.

KK

I'd give these shysters the boot KK!
I was going to try them out via your site until I saw:



DEPOSIT BONUS
•Unless stated otherwise all bonuses, triggered by deposit, require a minimum deposit of 10 EUR or currency equivalent;
•Wagering requirement for bonus money, triggered by deposit, is being calculated from bonus+deposit multiplied by rollover count;
•Unless stated otherwise all bonus money awarded will have a 45x wagering requirement;
•While wagering the bonus the maximum bet per round is 5 euro or currency equivalent, and if player exceeds this amount VIP Stakes reserves the right to cancel the bonus and any winnings attached;
•Unless stated otherwise, the maximum bonus amount, triggered by deposit, is limited to 100 EUR or currency equivalent;
•Bonus is valid for a period of 7 days from the date of issue. VIP Stakes reserves the right to remove any remaining/unused bonus from the player's account at the end of the stated period.


So they still have inaccurate terms and a batshit-crazy WR. So it looks like 45xB but as your site says it's 45xD+B and if you look at the red type above it says separately that the multiplier applies to BOTH D+B.
Why can't they just say "you must wager deposit+SUB 45x"???

Then we have this crap:

•Following slot games will only contribute 70% towards wagering requirement, meaning every €1 wagered on the following games will reduce the bonus wagering requirement by €0.70: Blood Suckers, Creature From The Black Lagoon, Eggomatic, Elements The Awakening, Fisticuffs, Gonzo's Quest, Lights, Magic Portals, Mythic Maiden, Reel Rush, Retro Super 80s, Secret of the Stones, Starburst, The Wish Master, Twin Spin, Wild Turkey (both web and mobile versions of the above games are included);

So given the 150% 'welcome bonus' your wagering is up to £8775 (if you played Twin Spin for example) 175.5 x DEPOSIT!!!!!!!!!

Jokers.

Oh, I forgot - you tick UK on the site but they don't show a UKGC logo or licence no.

 

[KasinoKing]

I'd give these shysters the boot KK!

So they still have inaccurate terms and a batshit-crazy WR. So it looks like 45xB but as your site says it's 45xD+B and if you look at the red type above it says separately that the multiplier applies to BOTH D+B.
Why can't they just say "you must wager deposit+SUB 45x"???

Oh, I forgot - you tick UK on the site but they don't show a UKGC logo or licence no.

Having bloody awful Welcome Bonus terms in itself is not good enough reason to dump them.
For sure they definitely would not get on my site as a new casino now with such stupid WR - but at the time I added them (June 2014) the wagering was definitely only Bx35.
They increased it to Bx40 in October, and then again to (D+B)x35 in January. On both occasions I wrote to them expressing my opinion (and as you know - I don't hold back!) - but they did nothing.
They contacted me again just last month asking how they could get more customers - so I told them! But they didn't even reply to my e-mail

Thanks for the heads-up about the UK licence. I was told by them on Skype last September that they were applying for one. I can only assume they decided not to go down that route in the end...

KK

 

[Wild Reels]

they have a UK license its listed on the front page icons, and on the ukgc website under Evoke Gaming Limited

 

[brianmon]

they have a UK license its listed on the front page icons, and on the ukgc website under Evoke Gaming Limited

i think they're referring to VIP Stakes casino, the thread got diverted a little recently

 

[Harry_BKK]

Having bloody awful Welcome Bonus terms in itself is not good enough reason to dump them.
For sure they definitely would not get on my site as a new casino now with such stupid WR - but at the time I added them (June 2014) the wagering was definitely only Bx35.
They increased it to Bx40 in October, and then again to (D+B)x35 in January. On both occasions I wrote to them expressing my opinion (and as you know - I don't hold back!) - but they did nothing.
They contacted me again just last month asking how they could get more customers - so I told them! But they didn't even reply to my e-mail

Thanks for the heads-up about the UK licence. I was told by them on Skype last September that they were applying for one. I can only assume they decided not to go down that route in the end...

KK

Redbet is a great casino but their bonus terms are indeed one of the worst. However, when i take the bonus i use it to "warm up" the slot, meaning i play with higher bets than normal and rather lose the first deposit + bonus and then play normal with my second deposit. Worked well most of the times.

I pretty much try to avoid bonuses and go for straight deposits, rather play with smaller bets in the knowledge i can cash out whenever i want than trying the make some hilarious wagering requirements.

In my view the only fair bonuses are at places like Bet-AT and Slotty where you are not tied into your bonus unless your balance dips into the bonus amount. That still gives you the freedom that you can withdraw whenever you like in case you hit something nice before you go below that. Happened today and it was all fine and dandy.

 

[Wild Reels]

yeah i read back a few pages now doh

 

[KasinoKing]

Redbet is a great casino but their bonus terms are indeed one of the worst.

Just to clarify (as pointed out by brianmon), I was referring to VIP Stakes in my previous post, not Redbet.

KK

 

[Harry_BKK]

Just to clarify (as pointed out by brianmon), I was referring to VIP Stakes in my previous post, not Redbet.

KK

Uppsss KK, sorry about that.

 

[brianmon]

Damn it... I'd forgotten about this thread, and just took Redbet's 50% monthly bonus. €3000 wagering for a €40 bonus

So I've now deleted them from the list of casinos which I regularly play at.