Joined: Mar '11
Location: Netherlands
Age: 53 (M)
Posts: 5
Hi,
Today I received an email from BRM, stating that "Get 100% up to €100 + €10 Free!! For All New Players at VideoSlots.com residing in Finland, Germany, Australia, Canada, Great Britain, Netherlands and Sweden! The Bonus has no wagering requirements and no max cashout! The €10 Free is available as soon as you make your first deposit!"
"The bonus has no wagering requirements and no max cashout" got my attention. So I checked the website of Videoslots, but this site states that this bonus has a wagering of 40x.
Joined: Jan '13
Location: Malta
Age: 33 (M)
Posts: 7
Hi Gaivs,
Good morning. I trust you are well.
The Description of the welcome bonus here at BRM was slightly unclear, in fact i have just spoken to BRM, and informed them to update it accordingly.
Here is how the description of both the welcome bonuses is: ie; the 100% up to 100 and the 10 Free Cash.
100% up to €100 + €10 Free Cash For All New Players at VideoSlots.com
100% up to €100 welcome bonus - wagering requirements of 20x Bonus & Deposit.
The €10 Free Cash Bonus on first deposit has no wagering requirements and no max cash out! And is valid for players residing in Finland, Germany, Australia, Canada, Great Britain, Netherlands and Sweden!
Now the Terms & Conditions for the 100% up to €100 welcome bonus have been 20x bonus & deposit for a long while now.
Joined: Dec '08
Location: Netherlands
Age: 43 (M)
Posts: 579
So if you deposit 100 then you will get 200 to play with + the 10 free. You will have a playthrough of 20 X 200 (deposit +welcome bonus) so 4000 playthrough..
The 10 extra would make it 4200 instead of 4000 playthrough ...
So the offer is not that great as they make it sound...
They say no max cashout and no wagering requirements but thats not true. Because you first have to deposit and the welcome bonus + deposit WILL HAVE wagering requirements...so the 10 extra doesnt make a big difference..
So bottom line is 20x bonus + dep on 100% up to €100 welcome bonus.
And No wagering requirements on the €10 Free Cash Welcome bonus on first deposit.
Thank you for your queries, and feel free to ask me anything you may need to be helped out with, as i'll help out as quick and efficiently as possible.
We give you a 100% deposit bonus up to €100 on your first deposit at Videoslots! The bonus is available in your account immediately after you have made your first deposit. To activate your bonus, go to "My Account" -> "My Bonuses".
Your bonus funds will be available for withdrawal when you have wagered your bonus 40 times within 30 days.
The bonus applies for games in the categories video slots, slots and scratch cards. Roulette, blackjack, video poker and other games generate a lower contribution to your bonus conversion - 10% of the bet amount rather than 100%. For example, if you bet €100 in roulette or blackjack, €10 are added to the turnover of your current bonus.
Jackpot games do not contribute to the bonus conversion.
The bonus expires upon withdrawal if the qualification requirement is not reached. Additional terms are described in the Terms & Conditions section.
It states according to the Wellcome Bonus "Your bonus funds will be available for withdrawal when you have wagered your bonus 40 times within 30 days."
And indeed the T&C's, you're refferring to states the turn over criterium of 20x the bonus + deposit, so practically it's the same (with a 100% bonus), i.e. deposit €100, get €100 bonus, wager 40x100=4000 or wager 20x(100+100)=4000.
Now I understand and agree with Remco, that the offer is not as nice as it looked at first glance.
@BRM-admin: please change the text for Videoslots, since the no wagering requirements only are valid for the €10; now the text "no wagering requirements" is misleading. Thanks!
Joined: Dec '08
Location: Netherlands
Age: 43 (M)
Posts: 579
Posted by VideoSlots: Hi remco2504,
If you deposit �100, you will get �200 + A further 10 Free. So the player now has �210 Correct.
Playthrough for the 100% up to �100 when depositing �100 and so the player now has �200 is exactly 20x the bonus & dep. so that is �4000.
The �10 Extra Free Cash does not have any wagering requirements. So the playthrough will remain at �4000.
So bottom line is 20x bonus + dep on 100% up to �100 welcome bonus.
And No wagering requirements on the �10 Free Cash Welcome bonus on first deposit.
Thank you for your queries, and feel free to ask me anything you may need to be helped out with, as i'll help out as quick and efficiently as possible.
Kind Regards, Lucas
Well that was exactly what i was saying ... Instead of 4200 playthrough if the 10 had wager requirements too you have 4000 playthrough if you deposit 100....
So the 10 extra does have wager requirements because you wont get it before you make a deposit wich DOES have wager requirements.. So you always end up with playtrough requirements....
I mean you can offer someone 500% welcome bonus + 50 $ free (no wager requirements) But if you deposit 100 then you get 600 to play with + the 50 makes 650$ Well if the playtrough of the welcome bonus is 20X you still have to play 12000 $ before you can cash out...so the free 50 $ is not without wagering requirements because your deposit + bonus IS WITH bonus requirements..
Joined: Jan '13
Location: Malta
Age: 33 (M)
Posts: 7
Hi Gaivs,
You're very welcome, and Thanks for also getting back with your feedback.
Yes in that page it says 40 times as it is exactly the same as 20x bonus and deposit for the 100% up to €100 welcome bonus.
I guess any bonus would look and be better if it had no wagering requirements at all, although that is why there are terms and conditions for certain bonuses and different type of t&c's for others.
Yes, i believe the text at BRM has been updated, and shows that only the €10 Free Cash has no wagering requirements.
Thanks again for your feedback, and as i said before, feel free to ask me about anything else you may need help with.
Kind Regards, Lucas
------------ Hi remco2504,
The playthrough is €4000 when depositing €100 and getting a further €100 in bonus.
The €10 Extra Free Cash however does not have wagering requirements.
And even though you have to make a deposit - (That's why it is a deposit bonus & not a free no deposit bonus) as the wagering requirements on that deposit is not towards the €10 Free Cash Bonus but the wagering requirements are solely towards the 100% up to €100 Welcome Bonus.
ie; The player needs to complete the wagering requirements for the 100% up to €100 Welcome Bonus, and then he can cash out.
IF the €10 free cash had to have further wagering requirements, then the player would need to first complete the wagering requirements for the 1st welcome bonus (100% up to €100) and then also complete the wager of X amount on the 2nd Bonus (€10 Free Cash) - Then like that it would be that the €10 Free has wagering requirements.
Moreover, the player can also activate the €10 Free Cash Bonus by itself, and not with the 100% up to €100 welcome bonus.
And in that case, the player will need to wager the bonus 2 times. ie; (10x2) This is Only when the €10 Free Bonus is activated alone and not with the other welcome bonus of 100% up to €100.
Now if the welcome bonus of 100% is activated as well as the €10 Free Cash then the player first must complete the wagering requirements towards the 100% up to €100 welcome bonus, and then he is free to Cash Out the €10 Free Cash Bonus Without Any wagering requirements.
So Bottom line is that the €10 Free does Not have any wagering requirements when activated as a whole welcome bonus.
Kind Regards, Lucas
Edited by VideoSlots (15 January 2013 @ 12:04 GMT)
Joined: Dec '08
Location: Netherlands
Age: 43 (M)
Posts: 579
Yeah sure ...thats exactly what i am saying again...
But the fact is without the welcome bonus + deposit you will never get the 10 $ And because the welcome bonus + deposit do have wager requirements you will always end up with a large playthrough amount on this offer.
So to claim its without wager requirements is not true and yes i understand the 10 has no wager requirements but that doesnt matter because you still have the deposit + welcome bonus WITH a playthrough...
Joined: Jan '13
Location: Malta
Age: 33 (M)
Posts: 7
Yes, remco i understand what you are saying, but one can not say that the wagering requirements are from the €10 Free Cash bonus.- that is what i was trying to explain to you.
And now i have updated it a little bit more as one player can also activate the €10 Free Cash bonus by itself, and therefore has different t&c's which i have explained just now in my previous post.
let me know if you understand everything or if you find anything which you may find still unclear.
Joined: Mar '11
Location: Netherlands
Age: 53 (M)
Posts: 5
Hi Lucas,
Do I understand well that there is a no deposit bonus of €10 with a wagering requirement of 2x? according to your previous post, in which you mention the following:
"Moreover, the player can also activate the €10 Free Cash Bonus by itself, and not with the 100% up to €100 welcome bonus. And in that case, the player will need to wager the bonus 2 times. ie; (10x2) This is Only when the €10 Free Bonus is activated alone and not with the other welcome bonus of 100% up to €100."
If this is correct, how do I activate this no deposit bonus with wagering requirements of 2 times? And which are the criteria for cashing out your possible winnings and is there a max cashout?
Joined: Jan '13
Location: Malta
Age: 33 (M)
Posts: 7
Hi Gaivs,
No, you must have misunderstood what i said, but no worries. We don't have a €10 free no deposit bonus.
In the text that you quoted from me, i am referring to the €10 Free Cash Bonus on the first deposit.
All players from Finland, Germany, Australia, Canada, Great Britain, Netherlands and Sweden can activate it (the €10 Free Cash Bonus on first deposit) by itself - not combined with the 100% up to €100, and then would only need to turn it over 2 x the bonus amount.
