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Bingo Cove Welcome Bonus
| 20 free spin | |
|---|---|
| # of Spins | 20 |
| Spin Value | 1 |
| Max Bet | NA |
| Max Win | 50 |
| Wagering | 80xw |
Terms and Conditions
The Bingo Cove Welcome bonus currently consists of 20 free spins.
The minimum deposit that will trigger the bonus is £10.
This bonus has a wagering requirement of 80xwinnings for the free 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.
There is no maximum bet term associated with this bonus
The maximum allowed win with the free spins is £50.
The bonus is cashable.
Game Weightings:
- Slots, PJPSlots, Arcade, ScratchCards, Keno 100%
- Hi-Lo, Roulette, LiveRoulette, Blackjack, LiveBlackjack, VideoPoker 0%
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 deposit value of £10.
Mid Rollers will use an average player bet size (£0.54/spin) and a deposit value of £10.
High Rollers will use a player bet size (£4.95/spin) and a deposit value of £10.
Super High Rollers will use a player bet size (£9.99/spin) and a deposit value of £10.
Free Spins
Free Spins have to be assessed in two steps. Firstly the average win for the Free 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 Bingo Cove free spins we have 20 free spins – presumably valued at £1/spin – on an undefined game (we’ll use Starburst). That’s a total of 20×1 = £20 of wagers. The average win from the free spins will simply be the total wagers multiplied by the RTP. So 20×0.961 = £19.22.
We then take the £19.22 win and assess the impact of the wagering requirement. The wagering requirement will be 19.22×80 = £1537.60. We then conduct the following simulations for Low, Mid and High Roller play:
Low Roller
Free spin value is -£4.44.
Mid Roller
Free spin value is -£5.51.
High Roller
Free spin value is -£7.91.
Super High Roller
Free spin value is -£8.46.
