Starting to think “welcome bonuses” are just red flags now

[oliverjohn]

Claimed a 200% match bonus last night , sounded great, right?
Until I read the 40x wagering and the “max cashout” fine print.
I swear, legit casinos should be proud enough to skip the gimmicks.
Do you guys still go for bonuses or just deposit clean?

 

[dunover]

I always used to deposit clean 90% of the time unless I was getting something as an existing player.

In the UK it isn't so bad as the real money is played first, if you win you can cash out if not using bonus money and forfeit the bonus.

If you lose your real money, then you go into bonus terms which may be as you say 40x wagering with a conversion or cash-out limit of say 5x deposit or £500 although some casinos don't impose limits.

So it's like a 'parachute' bonus here, a second-chance affair so even just 5x deposit cap is something if you make wagering.

If you take bonuses (like we used to once in the UK) whereby the deposit and bonus is amalgamated into one amount with wagering to do, then putting a limit on that seems a bit off.