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  • colt29
    SBR Sharp
    • 03-22-07
    • 381

    #1
    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.
  • Sean
    SBR Wise Guy
    • 08-01-05
    • 985

    #2
    colt29,

    Is there a bonus involved?
    Comment
    • colt29
      SBR Sharp
      • 03-22-07
      • 381

      #3
      yes 15%. A whopping 750.
      Comment
      • Sean
        SBR Wise Guy
        • 08-01-05
        • 985

        #4
        Did you see their bonus rules and restrictions on this page:
        http://www.islandcasino.com/restrictions_bonus.html ?
        Comment
        • colt29
          SBR Sharp
          • 03-22-07
          • 381

          #5
          Obviously not.I guess they can hang on to the money forever.
          Comment
          • Bill Dozer
            www.twitter.com/BillDozer
            • 07-12-05
            • 10894

            #6
            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.
            Comment
            • colt29
              SBR Sharp
              • 03-22-07
              • 381

              #7
              I have to wager 120K to get out 5k in deposits. That sounds proportionate.Bullshit
              Comment
              • Ganchrow
                SBR Hall of Famer
                • 08-28-05
                • 5011

                #8
                Originally posted by colt29
                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 5× 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.
                Comment
                • Sean
                  SBR Wise Guy
                  • 08-01-05
                  • 985

                  #9
                  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".
                  Comment
                  • colt29
                    SBR Sharp
                    • 03-22-07
                    • 381

                    #10
                    Yep, played casino also.
                    Comment
                    • Ganchrow
                      SBR Hall of Famer
                      • 08-28-05
                      • 5011

                      #11
                      Originally posted by Sean
                      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?
                      Comment
                      • Sean
                        SBR Wise Guy
                        • 08-01-05
                        • 985

                        #12
                        Rollovers in the casino can be much quicker.
                        Comment
                        • Wild Reet
                          SBR High Roller
                          • 02-09-07
                          • 116

                          #13
                          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.
                          Comment
                          • Bill Dozer
                            www.twitter.com/BillDozer
                            • 07-12-05
                            • 10894

                            #14
                            Originally posted by Ganchrow
                            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.
                            Comment
                            • colt29
                              SBR Sharp
                              • 03-22-07
                              • 381

                              #15
                              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.
                              Comment
                              • Bill Dozer
                                www.twitter.com/BillDozer
                                • 07-12-05
                                • 10894

                                #16
                                colt29,

                                Congrats on the win! I have been told you have met your requirement and are free to withdraw.
                                Comment
                                • WWTSblows
                                  SBR High Roller
                                  • 10-14-06
                                  • 161

                                  #17
                                  It's not "Free" for nothing.
                                  Comment
                                  • spliff
                                    SBR Wise Guy
                                    • 07-16-06
                                    • 547

                                    #18
                                    Originally posted by Bill Dozer
                                    colt29,

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

                                    congrats man!
                                    Comment
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