32Red Welcome Bonus Code

Terms and Conditions

The 32Red Welcome bonus currently consists of a bonus of £10 No Deposit Bonus + 320% up to £160. The minimum deposit that will trigger the bonus is £10. This bonus has a wagering requirement of 50xbonus for the deposit bonus and 50xbonus for the No Deposit Bonus. The bonus is structured so that only wagering with bonus funds, which are stacked beneath the deposited funds, counts towards the wagering requirement. This also means that bonus restrictions, do not apply while you are wagering with your deposited funds. In other words as long as you are only using deposited funds you can withdraw at any time you like. The maximum allowed bet is £6.25 on any single round of play. There is no maximum win on the deposit bonus and the maximum allowed win for the No Deposit Bonus is £100. The bonus is cashable. Bonuses and winnings expire if the wagering requirement is not completed within 7 days. Game Weightings:

• Slots (except those listed below), Keno, Scratch Cards 100%
• Table Poker games (except those listed below), Wheel of Riches, Sic Bo, Live Three Card Poker, Live Caribbean Stud, Hot Ink 50%
• All versions of Roulette (except those listed below) 20%
• Live Roulette French Roulette, Video Poker (except All Aces), Blackjack (except Blackjack games listed below), Pontoon, Baccarat, Caribbean Draw Poker, Vegas 3 Card Rummy Gold, Casino War, Multi-Hand Hold'em High Gold, Poker Ride, Red Dog 10%
• All versions of Atlantic City Blackjack, All versions of Vegas Downtown Blackjack, All versions of Vegas Strip Blackjack, All versions of Vegas Single Deck Blackjack, Hi Lo 13 European Blackjack Gold, Classic Blackjack,All Aces Video Poker, Live Blackjack, Live Casino Hold'em, Live French Roulette, Texas Hold'em Bonus Poker Gold 2%
• Craps, Mega Spin Slots (Double Magic, Fantastic 7s, High 5, Break da Bank Again and Major Millions), Max Damage Alien Attack, Castle Builder, Live Baccarat Forsaken Kingdom, Dragons Myth, River of Riches & All Retro Reels Slots. 0%

Available to newly registered players only.

Every effort is made to ensure these terms are accurate and up-to-date, however we accept no responsibility for inaccuracies or errors. It is your responsibility to ensure that you confirm the terms of any promotion you accept with the operators website before you play.

     

Simulations

Our review will provide a value for Low Rollers, Mid Rollers and High Rollers. Each category will use the same slots game (Thunderstruck) for accurate comparison. Low Rollers will use the minimum possible bet size (£0.09/spin) and a low deposit value of £30. Mid Rollers will use an average player bet size (£0.54/spin) and an average deposit value of £50. High Rollers will use a player bet size (£6.21/spin) and a deposit value of £50. The value of the No Deposit Bonus will be assessed first and added on to the value of the bonus at the end of simulation.     No Deposit Bonus Low Roller

So the bonus value is £4.60 when placing minimum bets. Mid Roller

No Deposit value is £4.25. High Roller

No Deposit value is £1.87.     Deposit Bonus Due to the structure of the 32Red bonus where wagers with deposited funds do not count towards the wagering requirement the bonus has to be assessed in two parts: the pre-bonus wagering and the value of the bonus. Once we have conducted these simulations we work out the value of the bonus as follows: [Expected Loss from pre-bonus play] -([Value of the bonus]x[Chance of using the bonus]) = [Average Expected Value for the bonus] Low Roller Bonus Using a deposit of £30 with a bonus of £96 with a wagering requirement of 96x50 = £4800 and a bet size of £0.09/spin we get the following results:

We now do a quick sum to calculate the overall value of the bonus: Average Expected Value for the bonus = -£22.87 + (13.83x0.9561) = -£9.65. Adding the No Deposit value on to the result above we get -£9.65 + £4.60 = -£5.05. Mid Roller Bonus Using a deposit of £50 with a bonus of £160, with a wagering requirement of 160x50 = £8000 and a bet size of £0.54/spin we get the following results:

We now do a quick sum to calculate the overall value of the bonus: Average Expected Value for the bonus = -£18.10 + (£53.09x0.8944) = £29.38 Adding the No Deposit value on to the result above we get £29.38 + £4.25 = £33.63. High Roller Bonus Using a deposit of £50 with a bonus of £160, with a wagering requirement of 160x40 = £8000 and a bet size of £4.95/spin we get the following results:

We now do a quick sum to calculate the overall value of the bonus: Average Expected Value for the bonus = -£5.49 + (£103.86x0.8978) = £87.76 Adding the No Deposit value on to the result above we get £87.76 + £1.87 = £89.63. Super High Roller Bonus Using a deposit of £50 with a bonus of £160, with a wagering requirement of 160x40 = £8000 and a bet size of £6.21/spin we get the following results:

We now do a quick sum to calculate the overall value of the bonus: Average Expected Value for the bonus = -£4.96 + (£107.70x0.9030) = £92.29 Adding the No Deposit value on to the result above we get £92.29 + £1.87 = £94.16.