Casino Bonus Bagging

[Pob]

Oh dear, some advice needed.

Basically, i'm doing the Coral £100 in, wager £1600 and get £100 bonus one, but it's just going absolutely disasterously.  I've never seen anything like this.

Betting £2 hands, i've managed to drop from £112 ish which i built up early on, to around £15.  At the £25ish mark i dropped to £1 bets as i didn't want to run out of money, but this is just soul destroying.  I'm putting bet after bet on (and i have a fucking long way to go) and i'm slowly decending to £0.

Basically, if i get there, should i cut my losses and lose £100, or put MORE money in and play out the wager?  Chances are i'd probably end up losing less than £100 if i did that, but there's still the chance of losing even more with this terrible luck.  It's really difficult not to question a site like this when this happens.  I've genuinely not moved away from the wizard of odds table and i've kept my bets very stable and consistent.

←

I think everyone who does this has questioned the integrity of some casino or other when on a massive losing streak - I know I have. You have to play out the bonus though as it will certainly reduce your loss drastically. I went £67 up on Coral within about twenty minutes, so I don't think they're dodgy (unlike William Hill, who everyone seems to lose money on ).

EDIT: and reading your post again, it sounds like you've not even dropped low enough yet to be into your own money. What are you worried about?

[Bushby]

Weird you should post that a minute after mine!

The other side of the coin i guess

←

Crikey, didn't see that one when I posted. On the William Hill one I did tonight I went all the way down to £1.50 from my original £50. Managed to claw it back to £14.50 by the end of the wagering.

I'd have stuck with the £2 bets myself, be consistent. Basically if you lose all your cash, I personally, no matter what the numbers say, wouldn't put more money in chasing the bonus, especially when you have such a long way to go.

Chances are you'll bounce straight back in you next casino. I remember a £50 loss at Red Lounge and thinking "bugger", went to Totesport and made a £134 profit the next day.

Whatever happens, remember you're still up.

[evil p]

Well I am (deep) into my own money because I haven't reached the bonus yet. Yes, with the bonus i'm still technically in profit, but it's whether i'm going to get there that frightens me.

I guess at the moment i'm worried about playing out the bonus because my luck is so bad that I can't see myself making the £1600 wager requirement without losing another fortune first. I'm barely over £350 wagered and i've lost close to £100. At the moment, bringing myself to hit the deal button any more is the hardest thing. I'm just losing every hand i play.

[evil p]

Crikey, didn't see that one when I posted. On the William Hill one I did tonight I went all the way down to £1.50 from my original £50. Managed to claw it back to £14.50 by the end of the wagering.

I'd have stuck with the £2 bets myself, be consistent. Basically if you lose all your cash, I personally, no matter what the numbers say, wouldn't put more money in chasing the bonus, especially when you have such a long way to go.

Chances are you'll bounce straight back in you next casino. I remember a £50 loss at Red Lounge and thinking "bugger", went to Totesport and made a £134 profit the next day.

Whatever happens, remember you're still up.

←

Cheers for that - it's the sort of thing I need to keep telling myself in this 'lull' in my gambling career . It's just so unpleasant carrying on when you're basically doing it just to reduce your losses as much as possible. And, for me at least, clicking the button to put more money in would be fucking hard.

[Cheeko]

you probably don't want to hear this but I say keep playing, losing £100 on £2 bets is a really bad run and although it could carry on, odds are it won't. Losing a further £100 with £1 bets is nigh on impossible.

I look at it this way, even if you totally lose all your first £100 (I've literally been down to my last pound/dollar bet 3 times and come back, and put in more money to cover my loss and pulled it back aswell) if you don't play out the requirement you've lost £100, if you do play out the requirement you'll get an extra £100 to break even.

Put another £100 in there and play it out at £1 bets, if you go over £101 then increase your bet to £2. I'd say after the wagering requirement you're pretty much guaranteed to have lost less than £100.

EDIT: plus its only a 16x wagering requirement, you've already done a portion of it. you'll have to wager much more than than for two £50 bonuses elsewhere to scrape back your loss. changing casinos doesn't increase your chances in any way on a bad run.

[evil p]

you probably don't want to hear this but I say keep playing, losing £100 on £2 bets is a really bad run and although it could carry on, odds are it won't. Losing a further £100 with £1 bets is nigh on impossible.

I look at it this way, even if you totally lose all your first £100 (I've literally been down to my last pound/dollar bet 3 times and come back, and put in more money to cover my loss and pulled it back aswell) if you don't play out the requirement you've lost £100, if you do play out the requirement you'll get an extra £100 to break even.

Put another £100 in there and play it out at £1 bets, if you go over £101 then increase your bet to £2. I'd say after the wagering requirement you're pretty much guaranteed to have lost less than £100.

←

I see this is the right thing to do, but i'm not sure i can face it now. Weird the way blackjack suddenly becomes much harder to play when you've lost a load...

Anyway, time to 'sleep on it'. Cheers for the advice.

[Poet]

What cheeko said. Suck it up and keep on playing.

[Razzle]

Agreed. Put in the extra cash, your luck is more than likely to turn. I was £100 down on the totesport bonus before getting it back for £102 profit (although I did have the luxury of their bonus to play with). Also Coral is a fair site, I finished the bonus a couple of days ago with a £71 real money profit, £171 inc the bonus.

[evil p]

Oh well, it's official - i've lost £100. All my initial money has now gone having wagered just £387.

After thinking about it over-night I was well up for putting extra money in, but I continued with my £11 just now, lost ten straight bets in a row and am now faced with putting more money in off the back of that.

To be honest, now I know it's very easy to lose a huge amount from a small wager, I can't justify putting anything more in. I know I sound like some paranoid bastard, but when you see the runs of losses I was getting, it defies belief - something is going on here and I don't like it at all. Another £100 could easily be gone before I even wager £1000, and i'm not going to risk it. It's chucking money around which I've chipped away at over the last week or two to earn and i'm not going to walk away from this casino stuff with nowt after the hours i've put in.

Just gonna have to chalk this up to a savage loss and try and win it back when i can face blackjack again. Think i'll stick to bonuses which are given upon deposit from now on...

[Cheeko]

well, as mentioned before, just because you change casino doesn't mean the bad run won't stop, seriously, as said in my post above, keep going.

It is wierd how when you hit a bad run it just feels like you'll never win money at blackjack ever again. If not 100 put another 50in and keep going, your other blackjack wins cover this loss easily.

[Guest kokyu]

Double check the t&c actually allow you to deposit more and use that to play out the wagering requirement.

[evil p]

well, as mentioned before, just because you change casino doesn't mean the bad run won't stop, seriously, as said in my post above, keep going.

It is wierd how when you hit a bad run it just feels like you'll never win money at blackjack ever again. If not 100 put another 50in and keep going, your other blackjack wins cover this loss easily.

←

Just to check though: places like Intercasino that match your initial or monthly deposit do allow you to withdraw funds at any time, right? So you can be betting with £100 in total, but as soon as it reaches £50 you can think 'fuck it' and withdraw your intial deposit anyway? I've never had to do this, so i'm not sure.

If that's the case, it's surely a kind of safeguard against this sort of bad run.

[bazclef]

That's never the case. You're never allowed to cash out the deposit before you've finished the WR.

Unlucky on that bonus mate.

[Guest kokyu]

That's never the case. You're never allowed to cash out the deposit before you've finished the WR.

Unlucky on that bonus mate.

←

You can withdraw your own money deposit whenever you like! It's just that if you do make a withdrawal at any time before you meet the wager rate, you cease to qualify for the bonus, even if you complete the wager rate at a later date.

[bazclef]

You can withdraw your own money deposit whenever you like! It's just that if you do make a withdrawal at any time before you meet the wager rate, you cease to qualify for the bonus, even if you complete the wager rate at a later date.

←

My post was a bit wrong... for some bonuses you can do this. Casinos that credit you the bonus money straight after you deposit and let you play with the bonus money first. (i.e. William Hill)

However in general (and in the case of the bonus evil was playing) this isn't the way it works. Your bonus is usually unlocked after you've wagered through a certain amount of your own money.

[doola]

My post was a bit wrong... for some bonuses you can do this. Casinos that credit you the bonus money straight after you deposit and let you play with the bonus money first. (i.e. William Hill)

However in general (and in the case of the bonus evil was playing) this isn't the way it works. Your bonus is usually unlocked after you've wagered through a certain amount of your own money.

←

Just to clearify a bit:

There are mainly two types of bonuses (there are more, but mainly):

- Sticky Bonus

- Normal Bonus

Sticky means that it never can be withdrawal. You can, however, abuse this. Say you put in $100 and get 100% Sticky bonus, which put you on $200. Put all this on one hand of blackjack, which you have ~49% of winning. If you lose, you lost $100, but if you win, you have won $200 ($400-$100). Do this on 10 casinos and with simple math we get this:

- $1000 deposited

- $1000 Sticky bonuses

- Counting 50% win/lose => $300x5 = $1500 => +$500

In other words, you can put yourself in a 25% edge over the house(s).

Normal bonuses is what you have discussed earlier, which you need to wager before you can withdrawal. Note that you need to wager Sticky bonuses as well sometimes!

http://www.bonus-money.com - This is my site, and I have affiliate links there, if you don't want to use them, just ignore them

[bazclef]

http://www.bonus-money.com - This is my site, and I have affiliate links there, if you don't want to use them, just ignore them

←

Nice site

[Rog]

There's quite a bit of rubbish being chatted here!

There are indeed several casinos that will let you withdraw your deposit and the bonus before completing the wagering*. However, most of them are affiliated and if you do so you will quickly find yourself banned from a lot of them.

With regard to the type of bonus that is awarded after completing the wagering (ie. Coral, Evil P), you should always redeposit to keep going for the bonus. Put simply, if you think the £25 bonus for £750 is good value, once you've lost your initial deposit the offer has become a 25/363 which is obviously better value than the offer you started with.

Whilst you haven't posted anything incorrect Doola, sticky bonuses aren't relevant to the recent posts in this thread and confuse the issue!

*at least, this was traditionally the case. As you have to be stupid to try it, I don't know whether the software in question has ironed out the fault yet.

[Rog]

As I feel like being a pain in the arse, I would also point out that most of the casinos on bonus-money are not for those new to bagging or without a decent bankroll.

How do the casinos get their mark /10?

[evil p]

With regard to the type of bonus that is awarded after completing the wagering (ie. Coral, Evil P), you should always redeposit to keep going for the bonus. Put simply, if you think the £25 bonus for £750 is good value, once you've lost your initial deposit the offer has become a 25/363 which is obviously better value than the offer you started with.

←

Hmmm, i'm not sure I really get that last sentence... What do you mean exactly?

[doola]

There's quite a bit of rubbish being chatted here!

There are indeed several casinos that will let you withdraw your deposit and the bonus before completing the wagering*. However, most of them are affiliated and if you do so you will quickly find yourself banned from a lot of them.

With regard to the type of bonus that is awarded after completing the wagering (ie. Coral, Evil P), you should always redeposit to keep going for the bonus. Put simply, if you think the £25 bonus for £750 is good value, once you've lost your initial deposit the offer has become a 25/363 which is obviously better value than the offer you started with.

Whilst you haven't posted anything incorrect Doola, sticky bonuses aren't relevant to the recent posts in this thread and confuse the issue!

*at least, this was traditionally the case. As you have to be stupid to try it, I don't know whether the software in question has ironed out the fault yet.

←

You need a big bankroll to do this, indeed. $1000 to start with, which is quite alot, and you need to know that you _can_ lose it all. Gambling is never bulletproof, even though you can come quite close, and everone who play on a casino or a poker site should now this.

The post wasen't ment to confuse anyone, just to explain the difference between a normal wagering bonus vs sticky bonus.

How do the casinos get their mark /10?

They get there by having a good software, support and bonus. Every rate isen't done by Bonus-Money.com internal, but by users we know. We are working on a rating system for users to auto vote, and we hope it will go live within a week or two. We will basically set the score on every casino to 5/10 with one vote at that, and registred users will be able to score once on every casino. It's not always good to have an auto voteing system due to the abuse risk, though, so we are not really sure if we can have it live for long yet.

If you think we higher the score by request from the casino/poker/sport sites, which it sounds like, your wrong indeed. It's true, however, that we've had few (one or two) sites asking what they need to do to get to the top 10, but we've never once replayed nor increased their score.

We dosen't get anything for increasing scores (we really dosen't get much for the affilites at all).

I hope you are satisfied with that answer?

EDIT: You are welcome to post rates at our forum between, which we will review and change the score of a site if needed.

[Rog]

Take the usual Coral offer of 25/25/250. If you deposit and lose your first 25 £1 bets, you should still redeposit as the offer has become 25/25/225. The terms are better than those you initially took up.

I was mentioning confusion as the last page or so of posts are discussing the difference between instant bonus casinos and those that credit once you've completed the wagering. You start chatting about sticky bonuses and I thought it may be sewing a little confusion.

Regarding your scoring, it's good to hear that you are staying impartial. You might understand my cynicism when some of your casinos are...how shall I put it? Slightly off the beaten track? I guess you are quite a new site and everyone has to start somewhere!

[doola]

Take the usual Coral offer of 25/25/250. If you deposit and lose your first 25 £1 bets, you should still redeposit as the offer has become 25/25/225. The terms are better than those you initially took up.

I was mentioning confusion as the last page or so of posts are discussing the difference between instant bonus casinos and those that credit once you've completed the wagering. You start chatting about sticky bonuses and I thought it may be sewing a little confusion.

Regarding your scoring, it's good to hear that you are staying impartial. You might understand my cynicism when some of your casinos are...how shall I put it? Slightly off the beaten track? I guess you are quite a new site and everyone has to start somewhere!

←

Ok, I understand what you ment about the bonuses, I would have stated that I was adding something to the discussion.

I do understand your cynicism, but 10/10 isen't ment to be the perfect room, just a point. It's nearly impossible to do a 100% justice score, the voting system may solve it, but it may very well destroy it as well.

[Bushby]

Just a quick question about the littlewoods £50 bonus. I wagered £500 for the £25 sign-up last month on the 28th, do I need to wager a further £500 to be counted for the £50 monthly or another £1000 since it's now Janurary?

[Bushby]

£75 profit from the Sporting Odds monthly. Wipes out my previous £50 loss. Hurrah!

[Bushby]

Littlewoods Casino should really just be a cash machine.

£80.50 profit for their monthly.

[Rog]

Littlewoods will stop crediting you the bonus after a few months, if that's all you play for.

[Bushby]

Thanks for letting me know. Will they contact me, or just stop.

[Rog]

In my experience, they'll just stop crediting it.

[Cheeko]

I use a system where I withdraw different amounts for different casinos so I an keep track of the payments, it also means I invariably leave some money in there to play with during the month when I fancy checking out videopoker or other games the have.