Can someone explain this casino bonus to me??

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I am a little confused about this one. Is it just me?

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To qualify, initial depositors must wager at least 12 to 15 5imes their purchase amount in order to cash-in any amount of their real money balance. Bonus credits may not be cashed in and must be put into play once received. Wagers made on Roulette or Craps will not count towards the minimum level of play. However, when a promotions is running, customers must wager an amount equal to at least 15 times (15X) the amount of your deposit in order to apply for any ongoing promotional Bonus or spend 95% of your deposit when trying to meet wager requirements. For example, if you deposited $100 and bet $10 per hand you would have to make at least 80 bets ($800 total) to qualify for any of our Bonuses: 8 x $100 = $800. Once you do qualify, your Bonus credits are deposited into a special Bonus Account. The winnings from wagers placed using your Bonus Account will be credited to your CASH account. However, the Bonus credits remain in the Bonus Account only, until they have all been used. Maximum Bonus amount: $500 US

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