Casino Talks

Posted by: sdaddy at September 25, 2007, 8:57 pm

Topic: Casino Rewards down the drain like Fortune Lounge? Forum: Casino Meister

Quote: Originally Posted by Casinomeister

Most of you are aware that a few months ago, several MG casino groups were hit by a massive fraud ring that played the exact same way - making a deposit, taking the bonus, and placing it all on one bet, and if the player won, they would grind the wagering requirements away with roulette, etc. The casinos locked all accounts that exhibited this sort of action mainly because they did not like the way the players played. (not to mention about +60% of these accounts were fraudsters).

I appreciate that new rules were written to stop such activity, and I don't deny that the casino has every right to prohibit it in its promotional T&C. Like I said, however, it's all about how it's worded. Saying that a majority of the player's available balance is the maximum allowed bet, you not only stop the large wager on the initial bet, but you can have the unintented effect where the player who followed the rules has a small balance left after a period of wagering and few options of how to avoid iolating rule #13.

Such a rule is certainly doable, however. It's been in place at Galaxiworld for years, where it's clearly stated that at no point can a bet be more than 25% of the original balance after receiving a bonus.

Quote:

The main outcry was that there was nothing in the terms and conditions that prohibited this sort of play - the players should be paid. The Fortune Lounge group was rouged mainly because of this subjectivity. Rules need to be clear-cut.

So now these casinos have included these terms, and it's still not good enough for you?

Except that part of rule #13, IMO, still leaves Casino Rewards some wiggle room to make subjective decisions regarding withholding cash-ins: "Other practices of playing behaviour which may lead to the casino withholding cashins and/or confiscating all winnings include, but are not limited to,..."

Quote:

This is BONUS money and not your money. The casino has every right to dictate how this can be played out. If you don't like it, move on to something else.

Your point is well taken. Although I think these terms are unfair and arbitrary, if the player knowingly accepts them, then he should have to live by them. That is why I would never play at a casino where all the terms aren't clear-cut, and I would advise other players to do the same.

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