| Posted by: Moshe at December 4, 2002, 10:45 am | | Topic: INETBET - Deposit bonus rules are exact - humph Forum: Winner Online |
I don't understand the concept of any casino letting a player purchase more to meet the wagering requirement.
If the casino lets me top up, there is almost no risk invloved to me the player.
Being skillfull or lucky enough to wager $10 x10 is not the same as being able to wager the same amount, though depositing an extra $10 or more to do it. It is a no lose situation for the player.
Let me know which casino's do this and I will play there straight away !
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| Posted by: scaven at December 4, 2002, 10:11 am | | Topic: INETBET - Deposit bonus rules are exact - humph Forum: Winner Online |
I am pretty sure that if you lose your deposit before the bonus requirements are met, that they will let you deposit to meet those requirements. I was down to my last $5 on a recent promo, so i deposited more and was able to make the bonus. also, I think ickinz was in a similar situation, she might be abel to back me up on this.
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| Posted by: Got2Bet at December 4, 2002, 9:51 am | | Topic: INETBET - Deposit bonus rules are exact - humph Forum: Winner Online |
How weird... but I think I understand what is being said now. But it still seems to me that the rollover requirement could have been applied to the bonus only and not the deposit - so if a max bonus is $10, simply roll it over 11x. If it's a 10% coupon, roll it over 110x (kinda sucks when you look at it but at least this type of issue will never be a problem again).
formula = (bonus x (rollover+1))/coupon percentage.
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| Posted by: AmateurSleuth at December 4, 2002, 7:33 am | | Topic: INETBET - Deposit bonus rules are exact - humph Forum: Winner Online |
Quote: Originally Posted by Moshe:
Emily
If a player goes for a 100% bonus, and does not meet the wagering requirements, do you let the player purchase more to meet them ?
If yes, why have playing requirements ? You could just give the player the bonus anyway ?
Moshe,
If I understand your question, the answer seems to be that the casino wants you to risk a certain amount of money before you earn the bonus. So, you don't get the bonus if you do not place a certain amount (10X Deposit) at risk.
They gave the bonus to two_card because he had risked 10X the $10 bonus he received. I don't believe they give the bonus two_card would have qualified for the bonus had this not been the case.
AS
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TheAPage.com
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| Posted by: Moshe at December 4, 2002, 6:18 am | | Topic: INETBET - Deposit bonus rules are exact - humph Forum: Winner Online |
Emily
If a player goes for a 100% bonus, and does not meet the wagering requirements, do you let the
player purchase more to meet them ?
If yes, why have playing requirements ? You could just give the player the bonus anyway ?
There seems to be little risk for the player, if this is the case, not exactly gambling !
The is no fun if there is no risk, thats why we are all addicted to promotions !
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| Posted by: Emily iNetBet at December 4, 2002, 4:57 am | | Topic: INETBET - Deposit bonus rules are exact - humph Forum: Winner Online |
Hello to all at WOL,
Just to clarify some points that I see have been raised since my reply to this post.
We were not in any way trying to "penalize a player who deposits MORE" neither were we trying to ‘churn’ a players bankroll.
The coupon bonus clearly stated deposit $5 to $10 and then 10X deposit. If a player wants to be certain of receiving the bonus they will deposit a larger sum to make the enabling of this easier (as mentioned by ‘scaven’), however the downside is that a larger deposit creates a larger (10X) turnover.
We have the ability to create two different types of coupons.
Firstly there is the "Required Turnover" coupon. With this a certain amount of turnover can be entered and once this is met the coupon is redeemed. This is the type that Got2Bet was alluding to earlier.
The other type is "Percentage of Deposit". In this case the coupon is redeemed when the deposit to which it has been applied is turned over by... | | Read Entire Entry |
| Posted by: richeddy at December 4, 2002, 1:56 am | | Topic: INETBET - Deposit bonus rules are exact - humph Forum: Winner Online |
Quote: Originally Posted by scaven:
I think the casino has the right...can we really expect the casino to allow us to deposit $200, get a $10 bonus, and wager only $100 to recieve it?
Yes, of course, the casino has the RIGHT to do whatever they want. But it is foolish to act this way. This implementation of a bonus offer makes it so that a player will always deposit a MINIMUM amount. Otherwise, it looks as though the casino is using the bonus requirements to CHURN the player's bankroll.
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| Posted by: scaven at December 3, 2002, 10:38 pm | | Topic: INETBET - Deposit bonus rules are exact - humph Forum: Winner Online |
I think the casino has the right to make the rules 10X whatever the deposit amount is, up to a reasonable amount. can we really expect the casino to allow us to deposit $200, get a $10 bonus, and wager only $100 to recieve it?
we expect the casino give us an fair shot to make money, so the casino should have a fair shot too, IMO
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| Posted by: Got2Bet at December 2, 2002, 9:21 pm | | Topic: INETBET - Deposit bonus rules are exact - humph Forum: Winner Online |
Emily -
Your backend can handle a proper calculation - should be 11x $10 regardless of the amount deposited unless less than $10. Though I'm sure the people appreciate the explanation, it really should be a simple change in your software.
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| Posted by: Tester at December 2, 2002, 6:52 pm | | Topic: INETBET - Deposit bonus rules are exact - humph Forum: Winner Online |
Although formally, the casino has a point, I think the "fair" meaning is X10 the deposit needed for the bonus.
And Emily, why bother to take the "exact stated" rule for a mere $10? its not simpler and cheaper to just say: "we did a mistake, a mistake which is a legitimate one - since its according to the rules - but we want to be fair and we are crediting the bonus"
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| Posted by: ohdreampop at December 2, 2002, 3:01 pm | | Topic: INETBET - Deposit bonus rules are exact - humph Forum: Winner Online |
I use this coupon whenever they offer it, and I have never had a problem. As Emily pointed out, it is clearly stated in the promo description. Most of the time I make the 10X without a second deposit but sometimes I need just one more. Either way, it's fun, worth it, and not misleading in the least.
-- ohdreampop
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| Posted by: scaven at December 2, 2002, 11:36 am | | Topic: INETBET - Deposit bonus rules are exact - humph Forum: Winner Online |
Inetbet has always been a fair and honest casino, with excellent CS since I have played there.
If the rules say, 10X deposit , the thats exactly what it means, I dont see the confusion.
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Life's a Gamble, Bet I Win
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| Posted by: Emily iNetBet at December 2, 2002, 9:50 am | | Topic: INETBET - Deposit bonus rules are exact - humph Forum: Winner Online |
Hello to all at WOL.
I would like to clarify the parameters that exist regarding bonus coupons and the redemption of.
This particular bonus was aimed specifically, but not exclusively, to players that enjoy making only smaller deposits, to quote:
Bonus #2 : 100% Match Bonus
Valid until Sunday, December 22nd
Enter coupon code: N8F9J
Deposit $5 - $10
Play through 10X Deposit and 1X Bonus
Receive 100% Bonus.
As you see it clearly states the amount required to deposit to receive the bonus, should a player have a zero balance before this is attained, they are of course, at liberty to deposit more funds to reach the requisite turnover.
In the case of ‘two_card’ they had deposited $50 so the backend created a required turnover of $500.
We are not looking for our players to ‘go broke’ before they can claim their bonus, it is simply a parameter that I am sure everyone here fully understands.
I hope this clears up any ambiguity.
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| Posted by: caruso at December 2, 2002, 7:28 am | | Topic: INETBET - Deposit bonus rules are exact - humph Forum: Winner Online |
This is evidently a far-sighted casino; they are encouraging you into making the SMALLEST DEPOSIT POSSIBLE. The perfect solution for problem gamblers.
An alternative would be to simply shut up shop - then you couldn't make ANY deposits.
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| Posted by: two_card at December 2, 2002, 7:03 am | | Topic: INETBET - Deposit bonus rules are exact - humph Forum: Winner Online |
They had a $10 coupon for a 100% bonus. The wagering requiurments were 10X. I redeemed the coupon and deposited $50 - almost never make 10X with $10. Wagered $170 and still no bonus. Contacted Inetbet ia e-mail and received two messages ery quickly. One - they credited my account with the $10 bonus. Two - needed to wager $500 because of the $50m deposit.
(Cut and paste of their e-mail below.)
be sure to only deposit the exact amount necesaary to claim the bonus !! Hopefully you can deposit more if you go broke first.
==
Dear two_card,
Thank you for contacting us. The coupon has a turnover requirement of 10 times, so if you had deposited $10 this would be $100. However you deposited $50 this therefore
created a turnover of $500, you have reached $170, that is why it is not
automatically updating with your bonus.
I will however credit your bonus manually for you.
Kind regards
CSR Alan
iNetBet Support Team
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