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Introduction
We appreciate that some months aren't as prosperous as others which is why we have developed a monthly cash bonus for our VIPs.
The way it works is that at the beginning of each month we work out your True loss/profit and then credit you a percentage of any loss in cash.
We offer two Bad Luck Bonuses based on the size of loss:
- 10% Bad Luck Bonus - for VIP members who have a monthly True Loss of between £5 - £1,000.
- 15% Bad Luck Bonus - for VIP members that have a monthly True Loss of £1,000 or more.
'True Loss/Profit' is worked out with this formula:
(Monthly withdrawals - Monthly deposits) + (Monthly ending balance - Monthly starting balance)
So let's say John Smith started February with £500 in his account. If, during the course of the month, he deposits a total of £500, withdraws a total of £200 and then finishes the month with nothing in his account, his True loss would have been £800.
Our definition of True Loss is different then Net Loss (which is based on wagering) but we believe that it is definitely the fairest way of assessing how our members got on during the month.
Remember, the Bad Luck Bonus comes at the beginning of every month and is in straight cash - no wagering requirement to start using your bonus!
Finally, if you have any questions about this scheme or any other VIP-related promotion, please do not hesitate to contact me directly at this address vipmanager@getminted.com.















