Bonuses, in general are bad things.. i can see why people take them.. but the reason for the wagering, is because statistically, the casino’s know that maybe 0.5% cash out when on a bonus.
When you do go to cash out, the T’&C’s come and smash you in the face !
The UKGC needs to regulate casino’s far more than they do, with the rules they abide by… examples
1) No max cashout (the casino’s need to indemnify themselves for any large wins)
2) Bonuses should be simple deposit bonuses, deposit today, and get 20 spins on xxx game. no other type allowed. no wagering
3) They should not be allowed to close your account unless you breach T&C’s. some dodgier ones close your account if you win. !
4) They need to sort verification rules out. every casino seems to do it different. I’ve deposited 12k+ on betfair – and cashed out 10k+ (no longer have an account), but never EVER verified !! Casumo now asking for verification after a deposit of about 2k, with 2k withdrawn.
5) UKGC needs to investigate any casino refusing to payout a player. and arbitrate ANY disputes.
I’m sure there’s more…..