Ridiculous Bonus Terms

bigjohn

Dormant account
Joined
Dec 21, 2012
Location
Northeast Coastal USA
Ok, there has been a few threads recently detailing complicated, convoluted or just plain ridiculous terms for bonuses. Here's one for you guys to try to run through your mental computer. This is from Gamesys' new Virgin Casino which opened recently here in NJ, USA. This is the formula which determines if you will get a match bonus up to $50 on your first deposit, see if anybody can follow this;

4. How to Enter: During the Promotion Period, you must make a minimum first deposit of $10 (“First Deposit”) and a first wager, either from bonus money, gaming credits, or cash in your Patron account, whichever you wager first is the “First Wager”. At the time and date you have completed both a Minimum First Deposit and a First Wager (the “P2P Date”), a seven (7) calendar day period will commence (“7 Day Period”). The 7 Day Period is calculated as the P2P Date plus six (6) calendar days and will end at 23.59 (EST) on the seventh (7th) calendar day following the P2P Date.

During the 7 Day Period, a Patron will be eligible to receive up to $50.00 in bonus dollars. In order to receive the bonus dollars, a Patron’s “True Drop” will be calculated. “True Drop” means: a Patron’s total wager during the 7 Day Period minus a Patron’s total win during the 7 Day Period minus total rewards credited during the 7 Day Period plus a Patron’s total rewards debited during the 7 Day Period (rewards include all rewards types, i.e. cash, bonus money, and gaming credits).

If a Patron’s True Drop at any time within the 7 Day Period exceeds 90% of the value of their First Deposit, the Patron will receive the value of the First Deposit up to a maximum of $50.00 in bonus dollars.

If the 7 Day Period ends and the Patron’s True Drop does not exceed 90% of the value of the First Deposit, the Patron will receive an amount equal to their Total Drop during the 7 Day Period in bonus dollars, up to a maximum value of $50.00.


Simple, right?
 
Whuuuut?

bll-cosby-confused-rapradar.png
 
it says for new customers only on the promotions page and unless I'm missing something how can your first wager be from bonus credits or points?

way too complicated.
 
In short, 7 days after your first wager, they'll refund what you've lost of your first deposit up to maximum of $50.

Deposit $50, lose $50 within 7 days: get $50 in bonus money. Deposit $50, lose $30 within 7 days: get $30 in bonus money.

It's total crap, btw.

PS: Don't get confused by the 90%, it means that if you only lost $45 of your initial deposit of $50, they'll still give you the full $50 bonus (instead of $45). Completely unneccesary term.
 
Ok, there has been a few threads recently detailing complicated, convoluted or just plain ridiculous terms for bonuses. Here's one for you guys to try to run through your mental computer. This is from Gamesys' new Virgin Casino which opened recently here in NJ, USA. This is the formula which determines if you will get a match bonus up to $50 on your first deposit, see if anybody can follow this;

4. How to Enter: During the Promotion Period, you must make a minimum first deposit of $10 (“First Deposit”) and a first wager, either from bonus money, gaming credits, or cash in your Patron account, whichever you wager first is the “First Wager”. At the time and date you have completed both a Minimum First Deposit and a First Wager (the “P2P Date”), a seven (7) calendar day period will commence (“7 Day Period”). The 7 Day Period is calculated as the P2P Date plus six (6) calendar days and will end at 23.59 (EST) on the seventh (7th) calendar day following the P2P Date.

During the 7 Day Period, a Patron will be eligible to receive up to $50.00 in bonus dollars. In order to receive the bonus dollars, a Patron’s “True Drop” will be calculated. “True Drop” means: a Patron’s total wager during the 7 Day Period minus a Patron’s total win during the 7 Day Period minus total rewards credited during the 7 Day Period plus a Patron’s total rewards debited during the 7 Day Period (rewards include all rewards types, i.e. cash, bonus money, and gaming credits).

If a Patron’s True Drop at any time within the 7 Day Period exceeds 90% of the value of their First Deposit, the Patron will receive the value of the First Deposit up to a maximum of $50.00 in bonus dollars.

If the 7 Day Period ends and the Patron’s True Drop does not exceed 90% of the value of the First Deposit, the Patron will receive an amount equal to their Total Drop during the 7 Day Period in bonus dollars, up to a maximum value of $50.00.


Simple, right?

Hey Bigjohn,

You cant call these bonus terms ridiculous cos you could never have understood them in the first place. What a bunch of idiots these guys are to come up with this. If anything, most players will be put off after reading the first 2 lines. Sheesh.
 
In short, 7 days after your first wager, they'll refund what you've lost of your first deposit up to maximum of $50.

Deposit $50, lose $50 within 7 days: get $50 in bonus money. Deposit $50, lose $30 within 7 days: get $30 in bonus money.

It's total crap, btw.

PS: Don't get confused by the 90%, it means that if you only lost $45 of your initial deposit of $50, they'll still give you the full $50 bonus (instead of $45). Completely unneccesary term.
Yes, I think that's what they were TRYING to say - but what a fricking confusing way to say something so simple! :eek:

If there is a high WR on the bonus money - I would agree it's crap. But if it has very low, or no WR then it is basically just a "cash-back if you lose" offer - and pretty good value for players IMHO.

KK
 
Last edited:

Users who are viewing this thread

Accredited Casinos

Read about our rating system and how it's done.
Back
Top