Terms and Conditions
The Golden Reef Welcome bonus currently consists of a bonus of 100% up to $100.
The minimum deposit that will trigger the bonus is $20.
This bonus has a wagering requirement of 60xbonus for the deposit bonus.
The bonus uses a standard structure where the full balance is locked from the moment of deposit until the wagering requirement has been completed.
The maximum allowed bet is 25% of the bonus amount received on any single round of play.
There is no maximum win on either the deposit bonus or the complimentary spins.
The bonus is cashable.
Game Weightings:
- Slots and Parlor Games 100%
- Table Poker, Casino War and Sic Bo 50%
- All Blackjacks except Classic Blackjack, Craps and Baccarat 10%
- All Video Pokers except All Aces Video Poker, Caribbean Draw Poker, Texas Hold'em Bonus Poker Gold, Triple Action Hold'em Bonus Poker Gold, Classic Blackjack and all Roulettes 2%
- All Aces Video Poker does not count towards wagering requirements
Available to newly registered players only.
Every effort is made to ensure these terms are accurate and up-to-date, however we accept no responsibility for inaccuracies or errors. It is your responsibility to ensure that you confirm the terms of any promotion you accept with the operators website before you play.
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 ($4.95/spin) and a deposit value of $100.
Deposit Bonus
The structure of the Golden Reef 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 30x60 = $1800 and a bet size of $0.09/spin we get the following results:

So the value of the bonus is -$9.47.
Mid Roller Bonus
Using a deposit of $50 with a bonus of $50, with a wagering requirement of 50x60 = $3000 and a bet size of $0.54/spin we get the following results:

So the value of the bonus is $1.49.
High Roller Bonus
Using a deposit of $100 with a bonus of $100, with a wagering requirement of 100x60 = $6000 and a bet size of $4.95/spin we get the following results:

So the value of the bonus is $36.73.