Third Bullet Poker bottomless bonus

[johnep]

Greetings,

So I was surfing through Bonus Whores and came across the bottomless bonus at Third Bullet. And I read
"The reason Third Bullet is at the top of the BW101 is because they offer a 10% up to $50 bonus on all deposits with Bank Drafts or Cashier Checks. There are no playthrough requirements to withdraw this bonus."

So after reading this Im thinking why not just deposit $500, collect your $50 bonus, withdrawl $500, deposit $500, collect $50 bonus, and on and on it goes. However common sense tells me that everybody would be doing this and the website would go broke in oh I say a few minutes. However I went to the Third Bullet website and looked at the summary and I didn't see anything that says you couldn't do that.
Maybe someone could explain this option to me better?
Thanks for the help :-)

[johnep]

Ok

I think I found my answer as I dug a little deeper. I read

"Bank drafts and checks are restricted to one per player per week with a minimum $50.00 per transaction (unless it is your full and final cashout)."

So does this mean that you can do this bottomless bonus four times a month to make an easy $200 without having to play a single hand of poker?

Thanks again for any help :-)

[Potabuser]

[ QUOTE ]

So does this mean that you can do this bottomless bonus four times a month to make an easy $200 without having to play a single hand of poker?


[/ QUOTE ]

Yes, of course!

[prodonkey]

yes.. but u can't cash it out until u play I think it's 10x's the bonus in raked hands.. which is hard to do with the traffic that third bullet/truepoker has.