Please read my complete post.
The $100 was the first deposit for this week and the $2K in wins brought me back to just even, in fact a little profit, for this month. Hence, I lost nearly $2K from 1st - 20th November and got to that date some $50 in cashback, appr. $60 in FS winnings from battles/Tuesday FS and about $40 in race winnings only, that's about 7.5% of my deposits. With this week I am about even and will have about $400 in rewards in total plus the Freerolls and the upcoming battle weekend on top. Looks like a very good month so far, but there is still one week to go.
It's not all fine and dandy! There are countless sessions where I do not get ahead by a dime, let alone a dollar. But I do go onto medium to high bets when I see a good session ($10 on Bonanza or White Rabbit, $9 on DoA are high bets for me). Strolling along with the same bet size means you need to be VERY lucky to get back just to even.
Truth is, casinos owe us nothing, nada, zilch. Whatever they do are all player retention tools and these are finely calculated to avoid making a loss on the extras they dish out as well as making sure the player comes back for more. The business model at VS is calculated to the extreme, it is actually genius when you look at it. All and everything is hinged on the fact that you must wager on the games to get anything, be it trophies, rewards, cashback, access to the Free Battles, race winnings. Absolutely great model as a casino earns money only on the wagered amount, hence you basically pay for your rewards before they even have to hand them out!
The reason VS is giving out lower amounts of extras is purely because they are all cash. They could quadruple the race winnings or cashback and slap 30X or 40X wagering on it, the player has the feeling he gets more but in fact he/she doesn't as most of the time they won't successfully convert the bonus to cash.
Personally, I take $50 cash any time over a $100 or $200 bonus as I don't have to care about T&C's, no limits on withdrawals, no restricted games etc. The bonus certainly gives you more play time but it is in no way a guarantee that you will cash out more.
My personal feeling is that I am appropriately rewarded for my loyalty at VS, on average 10% of my deposits all in cash is sufficient. I know from another reputable casino that they can sustain on average a 25 - 30 % bonus/deposit ratio to still stay profitable and that is all with minimum 30X wagering attached. Higher WR will support higher ratios. Hence, appr. 10% in cash from VS is pretty good value IMHO. Not everyone achieves the 10% but I am pretty sure that is about the average VS is calculating with.