I would like to take this opportunity given to me by CGW and put in my 2 cents on the whole fraud issue:
If these types of bonuses bring in highly fraudulent players, and advertisers can have their account shut down for exploiting these bonuses, than why are the casinos offering them? And by exploiting, I mean by teaching the player about the T&C’s and the wagering requirements and how to outlast them, not by cheating, but by following the rules layed out by the casino.
My opinion is that there is no such thing as “fraudulent player”. This term was recently made up by the cookie-cutter online casinos, who had nothing more to offer to the potential players, but a different casino name. Let’s face it, there is no noticeable difference from casino A to casino B if they use the same platform – same game, same jackpot, the only difference – the bonus. In order to attract players, the mediocre online casinos ante up the bonus to the point where they put their own foot in their own mouth.
Something had to be done and they came out with the “fraudulent player” concept, which is nothing more than a player taking advantage of the bonus-gone-wild marketing of online casinos ran by idiots without any brain for marketing and branding. Fraudulent player is a player who wins after following the exact T&C posted by the casino. You can also fund them under “bonus whores” and “bonus abusers” – terms also made up by the casinos in order to demean smart and winning players.
There is no such animal as fraudulent player. A player who commits fraud is the one who plays with stolen funds or opens multiple accounts – all of those happen not so often and hardly affect anyone’s bottom line in a long run, just extra hustle. Everything else is casinos ripping off players and affiliates.
The bonus abusers, turns out, are the casinos themselves. A good way to spot a bonus-whore-casino is as follows: open their T&C and if the first thing you read deals with “fraudulent players” – just close the page and move on, for your own sake.