Terms and conditions for bonuses at goldenpalace.be
Bonuses are offered by goldenpalace.be to promote the site, part of the site or an event linked to the site. Bonuses are not affected by cash-out requests. Certain bonuses can be turned into real money through players’ activity on the site, in accordance with the rules issued for the promotion.
To take advantage of a bonus, players must:
- Hold a valid, finalized goldenpalace.be account
- Not be a “bonus abuser” (see Misuse)
- Accept the goldenpalace.be terms and conditions and the rules of the bonuses in question
- Ensure ALL their personal information is correct. Players who provide false or incomplete information will have their accounts blocked and their bonuses cancelled.
Each action or promotion includes one or a number of different types of bonus. The rules for these bonuses are available on the goldenpalace.be website. Concerning bonuses that can be turned into real money through player’s activity on the site, it will only be possible to cash out the part of the bonus that has already been cleared according with the rules issued for that bonuses (points bonuses). When it concerns a bonus which does not need to be cleared before it can be used is issued to a player’s account, cashing out all of the money from an account will result in the user immediately relinquishing any bonuses and other promotions present in the account.
Bonuses will be played after the money deposited by the user in his/her player account. Goldenpalace.be reserves the right to modify the terms and conditions of a given bonus and to withdraw any bonus, promotion or special offer at any moment, without justification.
Bonus codes are only valid for one deposit.
The extra amount will be added in bonus money. This bonus money can only be paid out after the wagering requirements have been met (see specific bonus terms and conditions for specific wagering requirements).
For the purpose of determining the odds, the potential winnings of a bet selection is divided by the stake. This means players should be careful when placing two bets on the same game (as this highers the stake, but lowers the potential winnings) or placing on multiple games at the same time in one betslip when the average odds are lower than 1.70. Players are however free to place these kinds of bets in separate betslips.
Table games (roulette, video poker, blackjack) wagers only count for 25% towards fulfilling the wagering requirements.
The game ‘Craps’ does not count towards fulfilling the wagering requirements.
Players wager their real money first. Once the real money is depleted, the bonus money will be used.
As soon as any bet uses any bonus money (even if the bonus money used is less than the real money used), all winnings from that point on will be added as bonus money until the wagering requirements of the bonus have been met. Example: a player has 100 euro real money and 50 euro bonus. He first places a 100 euro bet and then places a 10 euro bet before the result of the 100 euro bet has been determined. Since the 10 euro is bonus money, all winnings from that point on will be added in bonus money, including any winnings from the 100 euro bet. As soon as the wagering requirements of the bonus have been met, all bonus money will be converted into real money.
Asking for a payout or activating another bonus without fulfilling the wagering requirements first will void a player’s bonus money.
Players have 60 days to fulfill the wagering requirements of prizes tied to a deposit. After this point, any remaining bonus money will be voided. Players have 14 days to fulfill the wagering requirements of prizes not tied to a deposit (30 days if the prize is at least €1,000). After this point, any remaining bonus money will be voided.
Real money will not expire or be voided by asking for a payout or activating another bonus.
Social Media Bonus Rules
On our Facebook page https://www.facebook.com/goldenpalacebelgium, goldenpalace.be organizes small contests for our followers. With these contests you can win a small amount of money which will be placed as a bonus in the account of the winner.
In order to be able to take advantage of the bonus the following rules apply:
- All participants must be registered on goldenpalace.be
- All bonuses cannot be cashed out
Keep in mind that all contests are placed in English, French and Dutch on our Facebook page. If the winners share €25 prize money, it will be divided between the winners of the three posts. Depending on your Facebook settings, you might not be able to see the posts who are not in your preferred languages. We post them specifically in one of the three languages to prevent that every follower gets three messages.
Misuse of bonuses
Goldenpalace.be reserves the right to refuse all cash-outs and/or to void all winnings if it deems that the player has engaged in any practices contrary to the rules. “Irregular play and misuse of bonuses” includes:
- When a player cashes out the money he/she deposited to obtain a bonus in order to play only with the bonus credits offered by goldenpalace.be.
- When a player deposits with the sole intention of claiming a bonus without the intention of playing. Each bonus amount needs to be wagered according to the promotion terms and conditions. If no mention is made in the promotional terms and conditions, the bonus amount needs to be played a minimum of 20 times the bonus amount on casino or on sports (odds of 1.70 or higher).
- When a player repeatedly uses the promotions offered by goldenpalace.be in an abusive manner (including but not limited to our partner’s promotions) by only depositing a minimal sum in order to play with the bonuses.
- Betting with the sole purpose of clearing a bonus with limited risk by betting across multiple sites.
This list is non-exhaustive.
Once goldenpalace.be has declared that a user is a “bonus abuser”, this user will no longer be able to take advantage of any promotional bonuses.
Have fun at goldenpalace.be!
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