Magik Welcome Bonus Code

Terms and Conditions

The Magik Welcome bonus currently consists of a bonus of 400% up to €800. The minimum deposit that will trigger the bonus is €20. This bonus has a wagering requirement of 33x(deposit+bonus) 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. The maximum allowed bet while playing with this bonus is 30% of the bonus received. There is no maximum allowed win when playing with this bonus. This bonus is sticky which means that it can never be withdrawn. Once you have completed the wagering requirement the bonus will be removed from your account at the time of your first withdrawal. Game Weightings:

• Slots (all varieties) 100%
• Blackjack (all varieties) 10%
• Roulette (all varieties) 10%
• Casino Poker (all varieties) 10%
• Baccarat (all varieties) 10%
• Video Poker (all varieties) 10%
• Craps (all varieties) 10%
• Casino War 10%
• 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 €400.

 

 

Deposit Bonus The structure of the Magik 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 €120, with a wagering requirement of 150x33 = €4950 and a bet size of €0.09/spin we get the following results:

So the value of the bonus is -€21.51. Mid Roller Bonus Using a deposit of €50 with a bonus of €200, with a wagering requirement of 250x33 = €8250 and a bet size of €0.54/spin we get the following results:

So the value of the bonus is €4.69. High Roller Bonus Using a deposit of €100 with a bonus of €400, with a wagering requirement of 500x33 = €16500 and a bet size of €4.95/spin we get the following results:

So the value of the bonus is €134.08. Super High Roller Bonus Using a deposit of €250 with a bonus of €1000, with a wagering requirement of 1250x33 = €41250 and a bet size of €9.99/spin we get the following results:

So the value of the bonus is €293.08.