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-   -   What happens to your reload bonus if you go broke? (http://archives2.twoplustwo.com/showthread.php?t=246174)

bookie socks 05-05-2005 11:22 AM

What happens to your reload bonus if you go broke?
 
If you get a reload bonus and you don't wager enough to clear the bonus then you lose all the money in the account will the site send you a bill for the bonus you lost?

Muisyle 05-05-2005 11:29 AM

Re: What happens to your reload bonus if you go broke?
 
They don't give you the bonus until after you've cleared it.

splashpot 05-05-2005 11:31 AM

Re: What happens to your reload bonus if you go broke?
 
Party example: You deposit $500 for a $100 bonus. If you lose $500 before clearing the bonus, you are done. Unless you deposit more to finish clearing the bonus.

benfranklin 05-05-2005 11:33 AM

Re: What happens to your reload bonus if you go broke?
 
As an example, the lastest reload at PokerNow was 30%, up to a bonus of $200. To get the max, you would have to deposit $667. The $200 is shown in your account as an uncleared bonus, and cannot be used, either to bet or to withdraw, until you played the required 7X raked hands. It is kept separate from the $667 available in your account. In this case, the requirement would be 1400 raked hands. The $200 is essentially not really there until and unless you play 1400 hands. If you lose all your own money, or if you do not play 1400 raked hands by the "expiry" date, the $200 goes away.

dfscott 05-05-2005 11:41 AM

Re: What happens to your reload bonus if you go broke?
 
I think OP is referring to the fact that some sites actually let you play with the bonus, even though you can't withdraw it.

And I'm pretty sure they're not going to bill you for a lost bonus that you didn't earn.

Art Vandelay 05-05-2005 11:43 AM

Re: What happens to your reload bonus if you go broke?
 
Yes, and to give OP an example, I deposited $90 at Intercasino last night for their monthly bonus and only played with the bonus money which I managed to blow through in about 20 minutes when the damn dealer got showed 39 tens in a row at BJ. I don't owe them any more money next month when I go back and try the same bonus again.

bookie socks 05-05-2005 11:48 AM

Re: What happens to your reload bonus if you go broke?
 
OK. This makes sense, because (i am not home right now so I can't check for sure) I could almost swear the bonus money was deposited to my account. So I can use it to gamble but I can't keep it until I meet the requirements.

mbpoker 05-05-2005 12:15 PM

Re: What happens to your reload bonus if you go broke?
 
On sites, like Party, where you have only a limited time to earn the bonus you may well lose it. On sites, like Stars and Paradise, where there is no expiration time, you can come at any point later with another deposit and continue to collect hands to earn the bonus.

As most players do go broke before they earn their bonus, these bonuses cost Party not as much as it may appear.

mc1 05-05-2005 12:22 PM

Re: What happens to your reload bonus if you go broke?
 
pacific give you the money up front, if you empty your account after receiving the bonus (except for the bonus of course) you can blow it and they wont ask for it back.

bookie socks 05-05-2005 12:30 PM

Re: What happens to your reload bonus if you go broke?
 
It was Pacific Poker

dabluebery 05-05-2005 12:39 PM

Re: What happens to your reload bonus if you go broke?
 
I hadn't played on party itself in months, and one day I got an email from them saying that I'd had $50 deposited in my account to get me back in the fold. I had to clear it somehow, and found out about it only a day before the offer expired, so I said "Screw it, I'm gonna let it ride," and I won $5 quick on a NL table then played a $50 SNG.

I figured if I made a decent cash in the tournament, I'd be able to eat the bonus they'd take back, and had really nothing to lose. I got sucked out and finished 4th.... Money was gone, but now I've been back using Party plenty of times.

Grinder 05-05-2005 02:55 PM

Re: What happens to your reload bonus if you go broke?
 
You can Cash out Winnings that you have over the bonus amount. On pacific I was given the up front bonus I made that in winnings and cashed it out and kept playing with the original amount to meet their $2000 wagered requirement. Never met the wager requirement but Cashed out 2X the amount the provided up front.

busguy 05-05-2005 02:59 PM

Re: What happens to your reload bonus if you go broke?
 
[ QUOTE ]


As most players do go broke before they earn their bonus, these bonuses cost Party not as much as it may appear.

[/ QUOTE ]

And you can make a statement like this because . . . . . why ??

I'd be very interested to know where you heard this . . or if it just personal opinion . . . why you think this would be the case.

[img]/images/graemlins/blush.gif[/img] busguy

CostaRicaBill 05-05-2005 03:24 PM

Re: What happens to your reload bonus if you go broke?
 
It is divided among poor Indian orphans.

jonoo 05-05-2005 03:34 PM

Re: What happens to your reload bonus if you go broke?
 
[ QUOTE ]
Yes, and to give OP an example, I deposited $90 at Intercasino last night for their monthly bonus and only played with the bonus money which I managed to blow through in about 20 minutes when the damn dealer got showed 39 tens in a row at BJ. I don't owe them any more money next month when I go back and try the same bonus again.

[/ QUOTE ]

this is probably wrong, but does this mean that you can deposit money there, get the bonus right away and play with it and lose nothing if you go broke with it?

Skipbidder 05-05-2005 04:24 PM

Re: What happens to your reload bonus if you go broke?
 
[ QUOTE ]
As most players do go broke before they earn their bonus, these bonuses cost Party not as much as it may appear.

[/ QUOTE ]

You really think so?
Most?

Maybe they will lose it eventually, but are they overplaying their bankrolls so much as to lose it that fast?


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