Referral bonuses are just baits to win people over. In reality, its not what its actually presented as. The conditions are always vague until it gets to withdrawal, thats when you actually know whats at stake.
No, the referral bonus is intended for a gambling site to have more customers by having an affiliate share referral link and an affiliate will get number of benefits when a gambler registers using the link he or she has shared.
But the size of the bonus that can be obtained depends on how many accounts are registered with the link and also how many accounts make deposits on the gambling site.
If you think about it logically referral bonuses are equally beneficial for both parties.
So they get gamblers in through those ref bonuses and promise them juicy offers and at the end of the day, you have to either commit funds or you are required to hit an almost impossible target to receive the ref bonuses in reality.
The person who spends money to reach the target so that the bonus can be claimed is not a gambler who is an affiliate but a gambler who registers using a referral link that has been shared by an affiliate.
Here I think there are quite lot of gamblers who are also affiliates on one of the gambling sites.
And you have different point of view regarding referral bonuses.