View New Posts
  1. #1

    Default islandcasino

    Just tried to make a withdraw from them.They said I have to wager 20x the deposit amount before a withdrawal. 5k deposit so all you have to do is wager 100k woth. What a scam.

  2. #2

    Default

    colt29,

    Is there a bonus involved?

    SBR Founder Join Date: 8/1/2005


  3. #3

  4. #4

    Default

    Did you see their bonus rules and restrictions on this page:
    http://www.islandcasino.com/restrictions_bonus.html ?

    SBR Founder Join Date: 8/1/2005


  5. #5

    Default

    Obviously not.I guess they can hang on to the money forever.

  6. #6
    Bill Dozer's Avatar Administrator
    Join Date: 07-12-05
    Posts: 9,092
    SBR Points: 2931
    Message Me

    Default

    Looks like you are looking at 5x for the sportsbook.

    15% re-up bonus. When playing in the sportsbook clients will be required to wager 5 times, when playing in the casino and/or sportsbook clients will be required to wager 20 times their initial deposit + bonus + fees BEFORE requesting a payout.

    SBR Founder Join Date: 7/12/2005


  7. #7

    Default

    I have to wager 120K to get out 5k in deposits. That sounds proportionate.Bullshit

  8. #8
    Ganchrow's Avatar Become A Pro!
    Join Date: 08-28-05
    Posts: 5,014
    SBR Points: 119
    Message Me

    Default

    Quote Originally Posted by colt29 View Post
    I have to wager 120K to get out 5k in deposits. That sounds proportionate.Bullshit
    If I'm reading that correctly for the sportsbook it's only deposit+bonus+fees not 20×.

    So assuming $100 in fees (it's a nice round number) that would mean your wagering requirement would be 5×($5,000+$750+$100) = $29,520.

    SBR Founder Join Date: 8/28/2005


  9. #9

    Default

    The bonus rule in question here actually seems a bit vague to me (a lot of things seem vague to me though) ...

    When playing in the sportsbook clients will be required to wager 5 times, when playing in the casino and/or sportsbook clients will be required to wager 20 times their initial deposit + bonus + fees BEFORE requesting a payout.


    Did the OP place wagers in the casino?

    Nonetheless, this is a good reminder for players to read the fine print before accepting any bonuses. There are always going to be strings attached to "free money".

    SBR Founder Join Date: 8/1/2005


  10. #10

  11. #11
    Ganchrow's Avatar Become A Pro!
    Join Date: 08-28-05
    Posts: 5,014
    SBR Points: 119
    Message Me

    Default

    Quote Originally Posted by Sean View Post
    The bonus rule in question here actually seems a bit vague to me (a lot of things seem vague to me though) ...

    When playing in the sportsbook clients will be required to wager 5 times, when playing in the casino and/or sportsbook clients will be required to wager 20 times their initial deposit + bonus + fees BEFORE requesting a payout.


    Did the OP place wagers in the casino?

    Nonetheless, this is a good reminder for players to read the fine print before accepting any bonuses. There are always going to be strings attached to "free money".
    What the T&Cs appear to be saying is that a player accepting the 15% reup bonus and playing exclusively in the sportsbook has a 5× rollover requirement. But if the same player were to wager even a $1 in the casino his rollover would increase to 20×.

    But that couldn't be right, could it?

    SBR Founder Join Date: 8/28/2005


  12. #12

    Default

    Rollovers in the casino can be much quicker.

    SBR Founder Join Date: 8/1/2005


  13. #13

    Default

    They might let you forfeit the bonus and then let you withdraw. After what their racebook did to you I would be out of there.

  14. #14
    Bill Dozer's Avatar Administrator
    Join Date: 07-12-05
    Posts: 9,092
    SBR Points: 2931
    Message Me

    Default

    Quote Originally Posted by Ganchrow View Post
    What the T&Cs appear to be saying is that a player accepting the 15% reup bonus and playing exclusively in the sportsbook has a 5× rollover requirement. But if the same player were to wager even a $1 in the casino his rollover would increase to 20×.

    But that couldn't be right, could it?
    I would bet they mean to say that if the player rolls the amount 5x in the book, regardless of any additional bets, he is eligible for a payout and that if it is a combination of some SB bets (less than 5x the deposit+bonus) and some casino, it's the 20x.

    colt,
    I am also going to bet IslandCasino will let you pursue the 5x on sports either way. We will get clarification on the rule in the AM.

    SBR Founder Join Date: 7/12/2005


  15. #15

    Default

    I'm trying to get out, but I can't get the money. Maybe I'll get on the casino and play 50 on black, and 50 on red and just roll it up that way. No rule against that. It's actually ironic, because I won 4k on horses yesterday when I would have just taken the money out.

  16. #16
    Bill Dozer's Avatar Administrator
    Join Date: 07-12-05
    Posts: 9,092
    SBR Points: 2931
    Message Me

    Default

    colt29,

    Congrats on the win! I have been told you have met your requirement and are free to withdraw.

    SBR Founder Join Date: 7/12/2005


  17. #17

  18. #18

    Default

    Quote Originally Posted by Bill Dozer View Post
    colt29,

    Congrats on the win! I have been told you have met your requirement and are free to withdraw.

    congrats man!

Top