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| Valuation of Bonuses |
Age: 70
Joined: 16 Jun 2008
Posts: 426
Likes: 224
Location: Las Vegas, NV
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I've been working on a spreadsheet to calculate the TRUE and CORRECT value, or in most cases, cost, of the advertised coupons/bonuses/codes/etc. I wanted to see just exactly what you have to expend to meet the playthrough requirements, and thus, hopefully, in the end, withdraw. What it showed is just how ludicrous these supposedly awesome offers really are! I won $2,000 at one place, had to deposit a minimum of $25, then P/T 12X.
THAT WOULD WORK OUT TO BE . . . . . . drumroll, please: $25,000 worth of bets! So, I would have to win an additional $23,000, and not lose it. 
HA!!HA!HA!!HA!!HA!!HA!!HA!!HA!!!!!!!!, and again, I say, HA!!HA!HA!!HA!!HA!!HA!!HA!!HA!!!!!!!! It's better to deposit w/ no bonus at all; it really isn't worth it, in most cases.
If anybody wants to use it, especially for a really good laugh, just let me know. It's a simple spreadsheet created with WordPerfect 12, but
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You're just jealous because the voices talk to me!
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Age: 59
Joined: 08 Jan 2007
Posts: 1390
Likes: 45
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LOL................. I play more without the bonuses than with so there's no play thur
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Joined: 03 May 2006
Posts: 5577
Likes: 4211
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hmmmm NLN, I thought the playthru was just the deposit amount lpus the bonus. Meaning, let's say 25.00 deposit with a 25.00 match equals 50.00. multipy times 12 equals 600.00.
What you figured out, is that how the Rivals do it?
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Joined: 31 Mar 2008
Posts: 76
Likes: 4
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Ahhh nevermind.
Last edited by BB28 on 23.06.2008, 18:40; edited 1 time in total
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Joined: 11 Mar 2006
Posts: 105351
Likes: 51323
Location: Gambleville
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« RGALP » wrote:
hmmmm NLN, I thought the playthru was just the deposit amount lpus the bonus. Meaning, let's say 25.00 deposit with a 25.00 match equals 50.00. multipy times 12 equals 600.00.
What you figured out, is that how the Rivals do it?
NLNLoni, just because you played at some AWFUL bingo place,
and at the horrible RTG casinos that we do not recommend,
does not mean OUR Recommended casinos have the stupid
playthrough rules your are talking about.
OR ARE You talking about freebies? Are you complaining
about the wagering on a free offer? They do not have
to give free offers at all. Remember, there is no free lunch.
You can not compare regular bonus with free offer bonus,
as many free offers have bad terms. If they did not,
the casinos would be busted by a bunch of free chippers
and go out of business
About bonus playthrough: MOST player
at noluck KNOW that you simply MULTIPLY the deposit X the play
to get the wagering requirement.
If the playthrough is 10X on a $20 deposit the required wagering is
$200.. Not $20,000 or whatever.
As MOST players will tell you, many bonuses from
Rival casinos and microgaming casinos
are EASILY beatable.. DUH.. Look at all the winners we have.
In fact, AT MANY Microgaming casinos, you can cashout
on the first spin of you win.. HOW EXACTLY is that wagering
requirement unbeatable?
 It is in your right to play with out with out bonus.. and
many times I play with no bonus. At RTG casinos,
play no bonus (or do not play at all) Rival and Micro
bonuses are usally ok. Other casinos with other software,
probably have bad terms, always check. For Rival freebies
you have to deposit to get paid winnings from a free chip,
but you do not have to claim another bonus with playthrough on
that deposit.... 
If you think people can not win online, then go play in a regular casino..
AFTER ALL, you do live in Las Vegas 
If you are talking about a free offer, then that is just the way
things are.. FREE OFFERS can have bad terms. Welcome to the real world
That is why I always tell members when a free offer has bad terms...
many do.
Remember: deposit your own money and you can play with
or without a bonus.. If you are a free chipper,
you can not really compare those terms to deposit terms..
and you are at the mercy of the casino.
NLNLoni:
How can you say that that most bonuses are unbeatable?
You have no experience with most of our casinos. Have you
deposited at any Rival or Microgaming casinos?
If you are talking about one casino, do not generalize all
the others with it.. Tell us what casino you are talking about
when you are complaining..
As a newbie, you need more experience before you
can comment on "Most" bonus being unbeatable
It is simply not true and I know from 3 years personal experience.
Free offers tend to have bad terms.. deposit bonus can have
great terms or not so great terms. NoLuckNeeded is very clear
when telling members if a bonus stinks or not.
What is with these veiled complaints? Like I say here is
a great offer when the terms stink? Some people think
any free offer is a good one, so they get posted, and
if the terms stink, then I say so.
If you think I am misrepresenting bonus, noluckneeded is not
the place for you, and we wish you good luck.
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Last edited by TDTAT on 23.06.2008, 20:03; edited 10 times in total
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Age: 54
Joined: 01 Dec 2005
Posts: 4462
Likes: 8
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WOW!!!!!  not gonna get into this one
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Joined: 11 Mar 2006
Posts: 105351
Likes: 51323
Location: Gambleville
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« RGALP » wrote:
hmmmm NLN, I thought the playthru was just the deposit amount lpus the bonus. Meaning, let's say 25.00 deposit with a 25.00 match equals 50.00. multipy times 12 equals 600.00.
What you figured out, is that how the Rivals do it?
ACTUALLY: Now all the Rival bonus is playthrough on DEPOSIT ONLY!!
A $25 deposit with 12X wagering equals $300 playthrough
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| (No subject) |
Joined: 03 May 2006
Posts: 5577
Likes: 4211
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Great TDTAT, I thought I had heard that recently, now I feel even better.
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