new site bonus question

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reddev3

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is it possible to deposit say 500 dollars on a site that gives 100% upto 500 and then withdrawal most of your money back out and and just work the bonuses off with say a 100 dollar bankroll? I fancy playing a little at cake poker and maybe sunpoker but dont want to have nearly 600 dollars on each site.
 
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markkaz

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I haven't read all of the rules from each website but from reading posts here at Cards Chat, you will not be able to easily withdraw you money. You usually have to play awhile before you can make any withdrawals.
 
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njpokerhoney

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just email cake support- they are pretty good at replying with 15 min or less.
 
Jack Daniels

Jack Daniels

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Be careful of doing this deposit/withdrawl method even if the site allows it. Most (if not all sites) reserved the right to cancel your bonus, etc if you are "abusing" their bonus offers. When they offer to match $x, the intent is that you will deposit and play with $x dollars. Depositing $x, getting the pending bonus of $x on the books then withdrawing $y is easily considered "abuse" as you'd obv be trying to get something for nothing. I understand that technically you'd be playing by their rules (unless they specifically state that a withdrawl with pending bonus negates the offer), but it's obviously just to get over on them. Most sites I've seen also state that if a new deposit bonus is offered and you withdraw money before depositing for the new offer, then you void your eligibility for the new offer.

Best advice: If you only want to have $100 on the site, then deposit $100 and get the $100 bonus to work at. Besides, if you're following correct BRM methods, you'll have an extremely difficult time clearing a $500 bonus with only $100 on the site due to the limits you'd be playing by BRM guidelines.
 
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reddev3

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i dont have any bank roll i just play two 2/4 limit tables with 100 on each if i lose just deposit again, but thanks for your response it has cleared things up i think im just going to stay at full tilt then not really worth the risk.:)
 
Debi

Debi

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Your bonus is likely to be cancelled if you do this.
 
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