Gioo Welcome Bonus Code

Terms and Conditions

The Gioo Casino Welcome bonus currently consists of a bonus of 100% up to €100 plus 100 complimentary spins on Bull in a China Shop allocated at 20 per day for 5 days.

Bonus code 1GOO must be entered to claim the bonus

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The minimum deposit that will trigger the bonus is €20.

This bonus has a wagering requirement of 40xbonus and 40xwinnings 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 allowed bet is €1 on any single round of play during bonus play.

The maximum allowed win associated with the deposit bonus is €10,000; with the complimentary spins the maximum is €50.

Players from the following countries are not eligible to receive this bonus: Croatia, Finland, Serbia and Sweden.

Players deposting via Neteller and Skrill are not eligible to receive this bonus.

Bonus expires after 5 days and free spins after a day.

The bonus is cashable.

Game Weightings:

• Slots 100%
• Classic slots, table games and video poker 5%
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• Live Games 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 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 (€0.99/spin) and a deposit value 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 Gioo Casino complimentary spins we have 100 complimentary spins on Bull in a China Shop with a value of €0.10/spin. That’s a total of 100x0.10 = €10 of wagers. The average win from the complimentary spins will simply be the total wagers multiplied by the RTP. So 10x0.962 = €9.62.

We then take the €9.62 win and assess the impact of the wagering requirement. The wagering requirement will be 9.62x40 = €384.80. We then conduct the following simulations for Low, Mid and High Roller play:

Low Roller

So the free spin value is €3.61 when placing minimum bets.

Mid Roller

Complimentary spin value is €2.58.

High Roller

Complimentary spin value is €1.11.

 

 

Deposit Bonus

The structure of the Gioo 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 30x40 = €1200 and a bet size of €0.09/spin we get the following results:

So the value of the bonus is -€2.43.

Adding the value of the complimentary spins we get -€2.43 + €3.61 = €1.18.

Mid Roller Bonus

Using a deposit of €50 with a bonus of €50 with a wagering requirement of 50x40 = €2000 and a bet size of €0.54/spin we get the following results:

So the value of the bonus is €9.88.

Adding the value of the complimentary spins we get €9.88 + €2.58 = €12.46.

High Roller Bonus

Using a deposit of €100 with a bonus of €100 with a wagering requirement of 100x40 = €4000 and a bet size of €0.99/spin we get the following results:

So the value of the bonus is €17.84.

Adding the value of the complimentary spins we get €17.84 + €1.11 = €18.95.