Terms and Conditions
The Bao Casino Welcome Bonus is 100% up to €200 plus 20 complimentary spins on Northern Lights.
The minimum deposit to receive this bonus is €15.
This bonus roller bonus has a wagering requirement of 40xBonus and 30xwinnings for the complimentary spins.
The bonus uses the standard bonus structure with funds being locked from the moment of deposit until all wagering requirements are met and bets with both deposited and bonus funds contributing to the wagering requirement.
The maximum bet term associated with these bonuses is €2 per single round of play.
There is no maximum win term associated with these bonuses and you can win a maximum of €50 from the complimentary spins.
The bonuses are cashable.
These bonuses expire after 7 days.
Players from: Sweden are not eligible for these bonuses.
- Slots not listed below 100%
- table games, classic slots and video poker 5%
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Our review will provide a value for Low Rollers, Mid Rollers, High Rollers and Super High Rollers correlating the bonus applicable to each. 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 large player bet size (€1.98/spin) and a large deposit size of €100.
Super High Rollers will use a large player bet size (€1.98/spin) and a large deposit size of €200.
The value of the complimentary spins will be assessed first and added on to the value of the bonus at the end of simulation.
Complimentary Spins have to be assessed in two steps. Firstly the average win for the Complimentary Spins have to be established and secondly the wagering requirement has to be assessed for that average win to find how much the player will be left with on average.
In the case of the Bao Casino complimentary spins we have 20 complimentary spins on Northern Sky with a value of €0.10/spin. That’s a total of 20×0.10 = €2 of wagers. The average win from the complimentary spins will simply be the total wagers multiplied by the RTP. So 2×0.9657 = €1.93.
We then take the €1.93 win and assess the impact of the wagering requirement. The wagering requirement will be 1.93×30 = €57.90. We then conduct the following simulations for Low, Mid and High Roller play:
So the free spin value is €1.39 when placing minimum bets.
Free spin value is €1.17.
Free spin value is €0.76.
The structure of the Bao Casino Bonus is of the straightforward kind where bonus terms apply from the moment of deposit. This makes for a very straight forward simulation that requires only one step.
Low Roller Bonus
Using a deposit of €30 with a bonus of €30, with a wagering requirement of 30×40 = €1200 and a bet size of €0.09/spin we get the following results:
So the value of the bonus is -€2.39.
Adding the value of the complimentary spins we get -€2.39 + €1.39 = -€1.00.
Mid Roller Bonus
Using a deposit of €50 with a bonus of €50, with a wagering requirement of 50×40 = €2000 and a bet size of €0.54/spin we get the following results:
So the value of the bonus is €9.86.
Adding the value of the complimentary spins we get €9.86 + €1.17 = €11.03.
High Roller Bonus
Using a deposit of €100 with a bonus of €100, with a wagering requirement of 100×40 = €4000 and a bet size of €1.98/spin we get the following results:
So the value of the bonus is €48.58.
Adding the value of the complimentary spins we get €48.58 + €0.76 = €49.34.
Super High Roller Bonus
Using a deposit of €200 with a bonus of €200, with a wagering requirement of 200×40 = €8000 and a bet size of €1.98/spin we get the following results:
So the value of the bonus is €35.70.
Adding the value of the complimentary spins we get €35.70 + €0.76 = €36.46.
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