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English in United Kingdom
200% up to £100 |
|
|---|---|
| Max Bonus | 100 |
| Min Deposit | 25 |
| Max Bet | NA |
| Type | Cashable |
| Wagering | 40x(D+B) |
25 complimentary spins on Straburst |
|
|---|---|
| # of Spins | 25 |
| Spin Value | 0.10 |
| Max Bet | NA |
| Max Win | 4xb |
| Wagering | 40xB |
The Cheeky Win Casino Welcome bonus currently consists of a bonus of 200% up to £100 plus 25 complimentary spins on Starburst.
The minimum deposit that will trigger the bonus is £25.
This bonus has a wagering requirement of 40x(deposit+bonus) for the deposit bonus and 40xbonus on winnings for the complimentary spins.
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 4xbonus.
The bonus is cashable.
Bonus and associated winnings will expire after 28 days if the wagering requirements are not completed; Complimentray Spins expire after 7 days.
Game Weightings:
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 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 £100.
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
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 Cheeky Win Casino complimentary spins we have 25 complimentary spins on Starburst with a value of £0.10/spin. That’s a total of 25x0.10 = £2.50 of wagers. The average win from the complimentary spins will simply be the total wagers multiplied by the RTP. So 2.50x0.961 = £2.40.
We then take the £2.40 win and assess the impact of the wagering requirement. The wagering requirement will be 2.40x40 = £96.00. We then conduct the following simulations for Low, Mid, High and Super High Roller play:
Low Roller
So the complimentary spin value is £XXXX when placing minimum bets.
Mid Roller
Complimentary spin value is £XXXX.
High Roller
Complimentary spin value is £XXXX.
Deposit Bonuses
Due to the structure of the Cheeky Win 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 £60, with a wagering requirement of 40x90 = £3600, 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 = -£XXXX + (XXXXXxXXXX) = XXXXX
Adding the free spin value on to the result above we get XXXX + £XXXX = -£XXXX.
Mid Roller Bonus
Using a deposit of £50 with a bonus of £100, with a wagering requirement of 40x150 = £6000, 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 + (XXXXxXXXX) = XXXX
Adding the free spin value on to the result above we get XXXX + XXXX = XXXX.
High Roller Bonus
Using a deposit of £50 with a bonus of £100, with a wagering requirement of 40x150 = £6000, 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 = XXXXX + (XXXXxXXXXX) = XXXX.
Adding the free spin value on to the result above we get XXXX+ £XXXX = £XXXX.
Super High Roller Bonus
Using a deposit of £50 with a bonus of £5100, with a wagering requirement of 40x150 = £6000, 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 = -£XXXX + (£XXXXxXXXX) = -£XXXX.
Adding the free spin value on to the result above we get -XXXX + £XXXX = -£XXXX.
| 200% up to £100 | |
|---|---|
| Max Bonus | 100 |
| Min Deposit | 25 |
| Max Bet | NA |
| Type | Cashable |
| Wagering | 40x(D+B) |
| 25 complimentary spins on Straburst | |
|---|---|
| # of Spins | 25 |
| Spin Value | 0.10 |
| Max Bet | NA |
| Max Win | 4xb |
| Wagering | 40xB |
This promotion is only available to new players and only once they've made their first deposit.
The Cheeky Win Casino Welcome bonus currently consists of a bonus of 200% up to £100 plus 25 complimentary spins on Starburst.
The minimum deposit that will trigger the bonus is £25.
This bonus has a wagering requirement of 40x(deposit+bonus) for the deposit bonus and 40xbonus on winnings for the complimentary spins.
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 4xbonus.
The bonus is cashable.
Bonus and associated winnings will expire after 28 days if the wagering requirements are not completed; Complimentray Spins expire after 7 days.
Game Weightings:
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.
