Magic Red Welcome Bonus Code

Terms and Conditions

The Magic Red Welcome bonus currently consists of a bonus of 100% up to £200 plus 20 complimentary spins on Starburst. The minimum deposit that will trigger the bonus is £10. This bonus has a wagering requirement of 35x(deposit+bonus) for the deposit bonus and the complimentary spins have a wagering requirement of 35xwinnings. 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 bet term. There is no maximum win on either the deposit bonus or the complimentary spins. The bonus is cashable. Game Weightings:

• All Video Poker games, All Roulette games, All Quick Play games, Hi Lo Fever, All Baccarat games, 3 Card Poker, Blood Suckers, Jackpot 6000 0%
• All Blackjack games, Magic Spinner 10%
• All Netent games, Big Bad Wolf, Treasure Island, Diamond Tower, Serengeti Diamonds, Frog N flies, Medusa 2, Foxin wins, Moon Temple, King Kong, Creature from the Black Lagoon, Frankenstein, Crime Scene, Thunderstruck II, Mermaids Millions, Alaskan Fishing, What A Hoot, Football Star, Bikini Party, Game of Thrones, Bar Bar Black Sheep, Avalon, Immortal Romance 50%
• All other games 100%

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. Super High Rollers will use a player bet size (£9.99/spin) and a deposit value of £200. 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 Magic Red complimentary spins we have 20 complimentary spins on Starburst with a value of £0.10/spin. That’s a total of 20x0.10 = £2 of wagers. The average win from the complimentary spins will simply be the total wagers multiplied by the RTP. So 2x0.961 = £1.92. We then take the £1.92 win and assess the impact of the wagering requirement. The wagering requirement will be 1.92x35 = £67.20. We then conduct the following simulations for Low, Mid and High Roller play: Low Roller

So the free spin value is £1.38 when placing minimum bets. Mid Roller

Free spin value is £1.37. High Roller

Free spin value is £1.51.

 

 

Deposit Bonuses The structure of the Magic Red 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 60x35 = £2100 and a bet size of £0.09/spin we get the following results:

Adding the value of the complimentary spins we get -£12.04 + £1.38 = -£10.66. Mid Roller Bonus Using a deposit of £50 with a bonus of £50, with a wagering requirement of 100x35 = £3500 and a bet size of £0.54/spin we get the following results:

Adding the value of the complimentary spins we get -£1.83 + £1.37 = -£0.46. High Roller Bonus Using a deposit of £100 with a bonus of £100, with a wagering requirement of 200x35 = £7000 and a bet size of £4.95/spin we get the following results:

Adding the value of the complimentary spins we get £33.02 + £1.51 = £34.53. Super High Roller Bonus Using a deposit of £200 with a bonus of £200, with a wagering requirement of 400x35 = £14000 and a bet size of £9.99/spin we get the following results:

Adding the value of the complimentary spins we get £67.24 + £1.51 = £68.75.