Published on 16/08/2019 10:34:33
This is a case study to see if the casino bonus is worth your time and what part of terms and conditions to look at. Casinos most of the time have some bonus for live casino UK players. Now we as usually take a closer look at the quality of the UK casino bonus in our case study review.
As usually, for those who do not feel like reading the whole stuff we have a GOOD / BAD result. In this case, from what we understood about the live casino bonus, there is a catch. Because of this catch we consider this offer to be BAD. It is the wagering.
Requirements of 40 times to wager the bonus is ok, but the Live roulette counts only about 10% for the wagering. This is the reason why the wagering is actually 400 times and this is really not the best number. Please keep reading if you would like to find out more. Casino is usually doing better than this.
The Live Casino Welcome Bonus is only available to players who create an account and make their first deposit.
Comment Spincastle: We have something interesting for you, check the Sloty VIP casino plan to see what is there to be looking forward to. This offer is only to make the new ones come and play. For other loyalty plans of other casinos, please visit our VIP casino club list.
You may only claim one Welcome Offer (Welcome Package or Live Casino Bonus). Once you have claimed one, you will not be eligible for the other.
Comment Spincastle: This is important to realize. If you are claiming the £1 500 casino Welcome package bonus, you are not getting the Live casino bonus. Disappointing, isn't it!
To be eligible to claim the Live Casino Welcome Bonus, players must deposit a minimum of £10 in one instance.
Comment Spincastle: Casinos have some costs with each players. Now the verification process takes much more than at the beginning of the year and casinos are taking the personal costs.
The Live Casino Welcome Bonus is subject to a wagering requirement of 40 times, unless otherwise stated.
Comment Spincastle: The requirement of 40 times wagering is a fair deal. Here is the math behind it (it is only an example, I have no time to spend hours bringing all the calculus. Please do it yourself). Live roulette has no payout rate, but the probability rate given by statistical probability. You have 36 numbers plus a ZERO. (French roulette has one zero, American roulette has 2 of them. From this reason the your statistical disadvantage in French roulette is 2,7%, while in American Roulette is 5.4%. Make sure to chose the French one.)
The math behind wagering: You have the bonus £100 to be wagered 40 times, which is £4 000. Since the statistical advantage of casino is 2.7%, the so-to-say payout is 96.3% (100% - 2.7%). This means the casino is keeping only 2.7%, which is £108. Considering your the deposit amount being 100, by the time you are close to the wagering of the 4000, you have as much as nothing (in average).
But this is not it. This only applies when the wagering of live roulette would count 100%. If you look down, you will find the limit of 10% - and from that reason you have to multiply the disadvantage of yours by 10. How cheeky!
Deposits made via Skrill or Neteller are not eligible for the Live Casino Welcome Bonus.
Comment Spincastle: Those guys charge higher fees and from that reason casinos do not include them into the bonus.
If upon review, it appears that a player is participating in collusive strategies, taking advantage of any software/system bug or failure, or participating in any form of activity upon their sole and complete discretion, deem to be abusive, the player will have their accounts closed indefinitely, and all money permanently frozen.
Comment Spincastle: If you are doing something dodgy, you will be caught. This might be even the case when you have more accounts or anybody from the household is also playing.
The maximum individual stake allowed when using the Live Casino Welcome Bonus is £30, or currency equivalent.
Comment Spincastle: This is for all of you, who like to play the red/black roulette strategy. This limitation is screwing it up. If you would start by placing a bet of 1, in round number 6 you would be stopped by the limitation. You would not be allowed to place a bet of 32, since the limit is 30. My statement is: Thank GOD!
Not all Live Casino games will count towards the qualifying wagering requirement criteria and certain games will have a lower weighting than others.
Casino games contribute to the Live Casino Bonus in the following way:
Comment Spincastle: This is the reason why we at Spincastle consider this offer as being bad.
All other Live Casino games (Baccarat, Poker, Top Card, etc.) – 0%
Minimal risk betting will result in winnings and bonus funds being removed. Any remaining committed funds will be returned to the player.
Minimal risk betting on Roulette includes:
Comment Spincastle: They are talking about the following scenario. You place a bet of 10 on Black and a bet of 10 on Red. Your chance of winning is 97.3% (you only lose if the ball lands on Zero) and you would have wagered 10. This way you could easily cash out the 100.