Re: New Party Bonus Rule
This rule is clearly spelled out in the promo T&Cs and I pointed it out in a thread on the last Party bonus. So this should come as no surprise.
Some of the value to a poker site in offering a bonus is that not all players reload/withdraw with the speedy service that Neteller gives. Some send money from their checking accounts, use the phone-card-method, or use a credit card. And then some cash out by getting checks.
I'm sure there are many players who very infrequently withdraw and probably play through most or all of their deposit. So a big benefit to Party are those players who deposit $500 for the bonus and play through far more than the 1050 hands with it.
Clearly the purpose of the bonus is not to reward players for taking an existing bankroll on the system and doing a cashout/re-deposit, but to reward players bringing what might reasonably be presumed to be "new money" into the system. Furthermore the cashout/re-deposit method costs Party money in neteller fees. I think it entirely resonable that they restrict this. I am certain that Absolute Poker restricts this as well.
What we must understand is that the average Bonus Chaser is not PartyPoker's "ideal customer." I don't believe Bonus Chasers are BAD for PartyPoker, but they are certainly not in the perfect demographic.
It seems that Bonus Chasers and grinders are totally welcomed at PartyPoker, and I think that is entirely reasonable within the context of how gambling and casinos treat "advantage play" customers.
There are plenty of things Party could do like regular casinos if they didn't like Bonus Chasers. They could offer account specific comps (ie bonuses) only to losing players. Or they could do promos only targeting big $$$ playthrough players for example by requiring bonus clearing on high-limit tables.
If you don't have the bankroll to take full advantage of this bonus, just work hard to build one and save it in Neteller for next time.
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