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Time Limits on Bonuses

Discussion in 'Online Casinos' started by davidsmith56, Sep 4, 2015.

    Sep 4, 2015
  1. davidsmith56

    davidsmith56 Senior Member

    Occupation:
    retired civil servant
    Location:
    Kent,United Kingdom
    Has anyone else noticed that more and more casinos are not only putting time limits to complete wagering on a bonus,but these time periods are getting shorter.An Accredited casino offered me a 100% bonus up to £500 which I normally would have accepted like a shot but the terms stated that wagering had to be completed within 5 days.Taking the maximum bonus would have meant total wagering of £20,000.Fine if you are a high roller but otherwise it would mean spending hours in play and most of us do not have the time to do that.
     
  2. Sep 4, 2015
  3. dionysus

    dionysus can turn wine into water CAG MM

    Occupation:
    n/a
    Location:
    I'm a Canucklehead
    I've not the had reason to mind yet. Makes sense - after all, one, casinos dont want you in for the long haul on one dep when you could again be depositing again (we dont get a big mac combo and sit through three meal periods on unlimited pops or eat the free breadsticks at lunch straight through dinner) and two, it could get in the way of other bonuses - and you just know players will kvetch if any lingering open WR from old bonuses, or gods forbid, a mngr drops some loyalty in that gets mingled into the blalance mix.

    5-7 (to me) seems appropriate
     
    1 person likes this.
  4. Sep 4, 2015
  5. Tirilej

    Tirilej On a Break

    Occupation:
    Breathing
    Location:
    Sweden
    I don't think I agree with you there. 7 days is the lowest they should set, but 14 days should be managable.

    Why? Casinos are constantly telling us that we should play only for recreation, not to win.
    To force someone to play in a hurry at the same time is wrong.

    No I don't play on a bonus that long myself but I know those who do.
     
    4 people like this.
  6. Sep 4, 2015
  7. spintee

    spintee Meister Member webby mm2

    Occupation:
    gambler :)
    Location:
    Northants
    I will not take long to flick 20k away, I mean if deposit 500 than I expect you are not going to be betting 30p, I think 5-7 days is sufficient,

    But I know people like a shot here and a shot there, so It would not hurt for a month, But like was said above the casino would prefer this gone ASAP, But also if casino want to give you a top or free spins than take a step out of casumo's books, They get put in to valuables and most give you 21 days before they self destruct
     
    1 person likes this.
  8. Sep 4, 2015
  9. dionysus

    dionysus can turn wine into water CAG MM

    Occupation:
    n/a
    Location:
    I'm a Canucklehead
    I appreciate that - there's responsible gaming on one hand. Just that on the other, casinos end of day, are a business and one aspect of good business acumen is turnover/rollover.

    I'm good with 7 though. :)
     
    2 people like this.
  10. Sep 5, 2015
  11. Ragnaros

    Ragnaros Dormant account

    Occupation:
    Restaurant manager
    Location:
    America
    Try a combo of:

    Time limit + max bet $10 + 80xB WR (which is 40x D+B) + most games only count 10% towards the WR + max cashout 10x deposit

    $100 deposit would be $80000 WR on say table games, and max bet at $10, time limit 5 days, ya better call in sick for work!

    This is why I don't take bonuses.
     
    2 people like this.
  12. Sep 5, 2015
  13. spintee

    spintee Meister Member webby mm2

    Occupation:
    gambler :)
    Location:
    Northants
    Than you forgot if you do manage the impossible, Get ready for the reversal back in to your account a few times by the casino, Send docs in a few times, and limited withdraw a week,
     
    1 person likes this.
  14. Sep 5, 2015
  15. KasinoKing

    KasinoKing WebMeister & Slotaholic.. CAG MM PABnonaccred webmeister

    Occupation:
    House-Husband and Casino Advisor
    Location:
    Bexhill on sea, England
    Totally agree with this - except I would prefer even LONGER time periods!
    But that just because the way I play - if I'm having a rotten run somewhere, I will often go off and play at other places and not come back for days, or even weeks... sometimes MONTHS!

    I remember a few years back I took a HUGE phantom bonus at a now-rogued RTG and was still playing it EIGHT MONTHS after I took the bonus! :eek2:
    BTW: I did make the $45,625 wagering required (+$5,500 on top), but was unable to get my balance above the amount of the Phantom bonus at the end, so did not get to the cash-out stage. :(
    I have also had a bonus cancelled at Tropica because I exceeded the 21 days limit - but it was a free-chip anyway, so no loss.

    However, I can also see the casino's point of view (and it's NOT just about making money quickly), so I do understand why most have relatively short time limits on bonuses. But 1 week IS too short IMO - unless it's a very small bonus with low-ish WR.

    KK
     
    2 people like this.
  16. Sep 5, 2015
  17. davidsmith56

    davidsmith56 Senior Member

    Occupation:
    retired civil servant
    Location:
    Kent,United Kingdom
    I think 14 days should be the norm.Ok,if you are depositing 500 with a 500 bonus then it is unlikely that you are going to playing at 50p or less per spin but I would never bet higher than £1 a spin,regardless of the balance in my account and I am sure there are others who feel the same.Luckily there are still one or two respected casinos that do not impose time limits but they seem to be getting few and far between.
     
  18. Sep 5, 2015
  19. Tirilej

    Tirilej On a Break

    Occupation:
    Breathing
    Location:
    Sweden
    :) What I will never understand though, is why in the world would someone who only bet as high as $1, can afford to make such a huge deposit, be so stupid that he tide it up with a bonus?

    Sorry, I couldn't help myself :D
     
    1 person likes this.
  20. Sep 5, 2015
  21. brianmon

    brianmon Meister Member webby mm4

    Occupation:
    self-employed
    Location:
    uk
    The one which nearly caught me out the other week was a Betat cashback promotion.

    I deposited quite late at night, maybe around 10:30pm, added the cashback promotion, and started playing.
    Luckily, by around midnight, my balance was quite healthy, because the cashback promotion simply disappeared.

    If they're going to offer a one day promotion right up to the end of the day. they could at least give 12/24 hours to allow the promotion to be completed.

    Remove the option to opt in after midnight. But don't just cancel the whole thing. What if someone was to opt in at 11:45??
     
    1 person likes this.
  22. Sep 6, 2015
  23. davidsmith56

    davidsmith56 Senior Member

    Occupation:
    retired civil servant
    Location:
    Kent,United Kingdom
    Lol,no offence taken:)I just like to have that extra playtime and in fact there have been a number of occasions when I have taken a bonus,played at £1 spins,met wagering and cashed out a decent profit.I do understand that it might be considered a high risk strategy though.It's the having to sit at a pc,for hours on end,trying to meet wagering before the bonus deadline expires which means I am a lot more selective about accepting bonuses than I used to be.
     
    1 person likes this.

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