Please note that you always have to read the requirements for receiving a bonus. It turns out that in a large number of casinos the 200% bonus can only be used for certain casino games. In almost every case these are online slots. This is because the casino must have an advantage over the player. In order to be able to withdraw your bonus you always have to wager it a certain number of times. Usually, online slots have RTP of 95-97%. 97% RTP is usually the maximum value of the casino game you can play with a bonus. With such a return to players and the required number of spins, the casino is able to build up an advantage. Below we will try to show you exactly the expected value that can be achieved in online slots and a 200% welcome bonus.
Example – You deposit £1000 and receive a 200% welcome bonus. The wagering requirement is 30x (B). The online slot has an RTP value of 96%.
- The amount of the bonus received is ВЈ2000 (1000 x 200%).
- The total amount to be wageredВ is ВЈ60,000 (2000 x 30)
- Expected loss is £60,000 pounds – 96% RTP = £2400
- The expected value of the bonus is 2000 – 2400= -£400.
So as you can see, receiving such a bonus and playing online slots with 96% RTP is unprofitable. But we’ll see what happens if we play online slots with 97% RTP.
- The amount of the bonus received is ВЈ2000 (1000 x 200%).
- The total amount to be wageredВ is ВЈ60,000 (2000 x 30)
- Expected loss is £60,000 pounds – 97% RTP = £1800
- The expected value of the bonus is 2000 – 1800= £200
In this case, the real value of 200% welcome bonus is 10% (2000 bonus and 200 expected value). Of course, 97% of RTP should be approached with a wink in the eye because it is the average rate of return made after millions of turns. In practice, this means that you will never achieve exactly 97% of RTP.
Please also note that you play for real money balances first. It is only when you run out of money that the bonus account is activated.
Receiving a bonus is extremely easy. Our IT team has created a list of casinos offering a 200% bonus. To receive the bonus simply click on the “play now” button next to the casino. You will be redirected to the online casino and the bonus will be automatically assigned. All you have to do is register and make your first deposit and the welcome 200% bonus will be automatically credited to your account.
рџЌЉ What should i watch out for before claiming a 200% welcome deposit bonus?
The most important thing is to read the requirements for receiving and withdrawing the bonus. Sometimes you will need to make a minimum deposit of pounds or make a deposit using a specific payment method to receive your bonus. Therefore always read the terms and conditions for receiving the bonus before registering.
рџЌ‡ How often is the list of casinos with 200% welcome bonus updated?
Our list of casinos offering a 200% bonus on your first deposit is updated at least once a month. However, as soon as there is a new offer, we start placing it on our list as soon as possible.
рџЌ‰ Is a 200% deposit bonus the biggest bonus?
The 200% welcome bonus is one of the highest offers you can get in the UK online casinos. However sometimes there are even bigger promotions such as 300 or even 500% welcome bonus. There is a special section on our website where you can find such huge bonuses.