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Black Spins Welcome Bonus Code

100% up to £200

Max Bonus 200
Min Deposit 10
Max Bet NA
Type Cashable
Wagering 40x(d+b)

Black Spins

Casino Rating: 5.32/10

Terms and Conditions

The Black Spins Casino Welcome bonus currently consists of a bonus of 100% up to £200.

The minimum deposit that will trigger the bonus is £10.

This bonus has a wagering requirement of 40x(deposit+bonus) for the 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.

There is no maximum bet term associated with this bonus.

The maximum allowed win with this bonus, including from the complimentary spins, is 5xbonus.

The bonus is cashable.

Bonus and associated winnings will expire after 7 days if the wagering requirements are not completed.

Game Weightings:

  • Roulette, Blackjack 0%
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Simulations

Our review will provide a value for Low Rollers, Mid Rollers, High Rollers and Super 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 large player bet size (£4.95/spin) and a large deposit size of £100.

Super High Rollers will use a large player bet size (£9.99/spin) and a large deposit size of £200.

 

 

Deposit Bonuses

Due to the structure of the Black Spins 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 £30, with a wagering requirement of 40x60 = £2400, a withdrawal target of 5xdeposit 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 = -£XXX + (£XXXx0.9562) = -£XXXX

Mid Roller Bonus

Using a deposit of £50 with a bonus of £50, with a wagering requirement of 40x100 = £4000, a withdrawal target of 5xdeposit 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 = -£XXXX + (£XXXXx0.8952) = -£XXXX

High Roller Bonus

Using a deposit of £100 with a bonus of £100, with a wagering requirement of 40x200 = £8000, a withdrawal target of 5xdeposit 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 = -£XXXX + (£XXXXx0.8977) = £XXXX.

Super High Roller Bonus

Using a deposit of £200 with a bonus of £200, with a wagering requirement of 40x400 = £16000, a withdrawal target of 5xdeposit and a bet size of £9.99/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 = -£XXXXX + (£XXXXx0.8977) = -£XXXX.

The United Kingdom of Great Britain and Northern Ireland sits to the north-west of mainland Europe. The United Kingdom shares a border with The Republic of Ireland and has coasts on the Atlantic Ocean, Celtic Sea, North Sea, Irish Sea and English Channel. The population of the UK is approaching the 67.6 million mark leading to a fairly densely populated land mass. The gambling sector in the United Kingdom is entirely regulated and licensed by the UKGC – the United Kingdom Gambling Commission. Should players resident In the UK wish to gamble with foreign based operators there is no history of this being treated as a criminal offence, but high levels of protection exist for UK residents playing with UK licensed operators.

Disclaimer:

The above information is what we believe to be the the legal status of online gambling, however information on this topic is limited and hard to find. We accept no liability for any errors or ommissions. It is the reader’s responsibility to ensure that they know the legality of online gambling in their country before engaging with any online gambling service.