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IW is Not Recommended, Click here to find a great bonus at a Recommended Casino

IW Welcome Bonus Code

100% up to €200

Max Bonus 200
Min Deposit 10
Max Bet NA
Type Post Wager
Wagering 30xb

IW

Casino Rating: 6.25/10

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 – 180×0.035 = -€6.3
Scratch Cards – 180×0.035 = -€6.3
Casino – 180×0.035 = -€6.3
Games – 180×0.035 = -€6.3
Live Casino – 360×0.0526 = -€18.94
Scratch Cards – 180×0.035 = -€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 – 300×0.035 = -€10.50
Scratch Cards – 300×0.035 = -€10.50
Casino – 300×0.035 = -€10.50
Games – 300×0.035 = -€10.50
Live Casino – 600×0.0526 = -€31.56
Scratch Cards – 300×0.035 = -€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 – 600×0.035 = -€21.00
Scratch Cards – 600×0.035 = -€21.00
Casino – 600×0.035 = -€21.00
Games – 600×0.035 = -€21.00
Live Casino – 1200×0.0526 = -€63.12
Scratch Cards – 600×0.035 = -€21.00

So the total value of the bonus is 100-21-21-21-21-63.12-21 = -€68.12

Super High Roller

Casino – 1200×0.035 = -€42
Scratch Cards – 1200×0.035 = -€42
Casino – 1200×0.035 = -€42
Games – 1200×0.035 = -€42
Live Casino – 2400×0.0526 = -€126.24
Scratch Cards – 1200×0.035 = -€42

So the total value of the bonus is 200-42-42-42-42-126.24-42 = -€136.24

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.