A new-ish kind of bonus: deposit / meet WR / release bonus into account

[jan duchau]

So this is, for me at least, a new-ish kind of bonus that makes even less sense than D+B.

I'll underline and color the 'you gotta be kiddin' me elements'

I've replaced the name of the casino with X...as it is the sort of bonus I'm targetting here.

Example:

200% up to €1,000 Bonus

X will top up your account with 200% on your first deposit! Kick up your gaming adventure with welcome bonus of 200% up to €1,000. Releasing the bonus is a breeze – simply deposit, meet the wagering requirements, and watch as the bonus transforms into cash credited directly to your account. Join us and seize this incredible opportunity today!

This is how it works

1. Make your first deposit to your X account to activate your 200% bonus
2. Your Reward Tracker will be activated in the sidebar.
3. Wager the bonus amount 30xbonus with your real money
4. When wagering is completed the bonus amount will be released

To get the full value of the welcome offer you would need to deposit €500 or more as this will activate the maximum €1,000 bonus.

Example

1. Your first deposit is €500
2. Your 200% bonus will be activated = €1,000
3. To release your bonus, the amount must be wagered 30 times (€1,000 x 30 = €30,000)

Wager Tracker

As you activate your bonus a wager tracker will appear in the menu. To reach your goal and release the bonus you will need to complete your wagering requirement.

see hs-wager_1.png

When you start playing you will see the lower progress bar begin moving and once it reaches the end of the round your upper progress bar will start to fill up.

see hs-wager_2.png

Your bonus will be released and added to your real money account once you filled the upper progress bar.

see hs-wager_3.png

Terms & Conditions

• The 200% welcome offer is valid and will only be triggered on your first deposit in the casino.
• The welcome offer is not valid for Skrill Wallet, Neteller or Paysafe deposits.
• The minimum deposit to activate the welcome offer bonus is €10 or currency equivalent. For Finland and Estonia the minimum deposit is €20.
• To be able to claim and release the bonus funds, players need to wager the bonus amount 30xbonus with real money.
• 100% of bets placed on slots in the casino will contribute towards wagering requirements.
• Until the wagering requirement is met, the bonus funds will be locked.
• The maximum amount that can be withdrawn of winnings gained from wagering bonuses accounts to €2,000 (or currency equivalent).
• The wagering requirement to release the bonus funds must be completed within 3 Days.
• Example: If your first deposit is €100 you will be rewarded with a €200 bonus which will be released once you have wagered the bonus 30 times (€200 x 30 = €6,000).
• Players can make more than one deposit to complete the wagering requirement.
• X reserves the right to cancel or withdraw this promotional offer as well as changing the criteria for using the offer at any time.
• General bonus terms and conditions apply.

 

[Afi4wins]

@jan duchau  This ridiculous bonus offer may be new-ish to you, but it was actually started by some casinos many years ago. Some have abandoned them, some still maintain them (I think), and some newer casinos have chosen to offer them.

Many members have stated they disliked this kind of bonus, a few liked them (strangely enough), and I personally hate them and would NEVER take them up!

[Fiekie247]

The worst bonus - Videoslots has this type of bonus

Its the same as those offering 200 sign up spins, but wager with real money only.

[jan duchau]

So true.

I did laugh with their math example:

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To get the full value of the welcome offer you would need to deposit €500 or more as this will activate the maximum €1,000 bonus.

Example

1. Your first deposit is €500
2. Your 200% bonus will be activated = €1,000
3. To release your bonus, the amount must be wagered 30 times (€1,000 x 30 = €30,000

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It's like a challenge...drop £500, wager 30,000 in 3 days and you get £1000 which if you manage to withdraw has a maximum of £ 2.000

 

So that's Deposit + 200% bonus + an extra `500...and that's all folks