IW Welcome Bonus Code

IW Casino Welcome bonus The IW Casino Welcome bonus currently consists of a bonus of 100% up to €200. This bonus has a wagering requirement of 30xbonus for the deposit bonus. 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 wager when playing with this bonus. There is no maximum win on this bonus. The bonus is cashable and post wager. You will receive the bonus in instalments after you complete wagering on in the relevant game types in the following stages (for a deposit of €200): Casino – wager €1200 to receive €40 Scratch Cards – wager €1200 to receive €40 Casino – wager €1200 to receive €40 Games – wager €1200 to receive €40 Live Casino – wager €600 Scratch Cards – wager €1200 to receive €40 As this bonus is post wager simulation is not required to establish the value of the bonus. The value to the player is simply the [House Edge] x [Wagered Amount] + [Bonus]. For simplicity we will assume that the player plays slots for the casino sections of the bonus. A game with a 3.5% House Edge. We will also assume the Scratch Cards/Games lead to the selection of a game with a House Edge of 3.5%. Live Casino we will assume the player selects Roulette with a House Edge of 5.26%. As Roulette only counts at 25% the total wagers on Roulette will be €2400. Low Roller players will deposit €30. Mid Roller players will deposit €50. High Roller players will deposit €100. Super High Roller players will deposit €200. Low Roller Casino – 180x0.035 = -€6.3 Scratch Cards – 180x0.035 = -€6.3 Casino – 180x0.035 = -€6.3 Games – 180x0.035 = -€6.3 Live Casino – 360x0.0526 = -€18.94 Scratch Cards – 180x0.035 = -€6.3 So the total value of the bonus is 30-6.3-6.3-6.3-6.3-18.94-6.3 = -€20.44 Mid Roller Casino – 300x0.035 = -€10.50 Scratch Cards – 300x0.035 = -€10.50 Casino – 300x0.035 = -€10.50 Games – 300x0.035 = -€10.50 Live Casino – 600x0.0526 = -€31.56 Scratch Cards – 300x0.035 = -€10.50 So the total value of the bonus is 50-10.50-10.50-10.50-10.50-31.56-10.50 = -€34.06 High Roller Casino – 600x0.035 = -€21.00 Scratch Cards – 600x0.035 = -€21.00 Casino – 600x0.035 = -€21.00 Games – 600x0.035 = -€21.00 Live Casino – 1200x0.0526 = -€63.12 Scratch Cards – 600x0.035 = -€21.00 So the total value of the bonus is 100-21-21-21-21-63.12-21 = -€68.12 Super High Roller Casino – 1200x0.035 = -€42 Scratch Cards – 1200x0.035 = -€42 Casino – 1200x0.035 = -€42 Games – 1200x0.035 = -€42 Live Casino – 2400x0.0526 = -€126.24 Scratch Cards – 1200x0.035 = -€42 So the total value of the bonus is 200-42-42-42-42-126.24-42 = -€136.24