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Playzee Welcome Bonus

100% up to €300
Max Bonus 300
Min Deposit 20
Max Bet 5
Type Cashable
Wagering 35x(D+B)
100 Complimentary Spins
# of Spins 100
Max Bet 5
Max Win 50
Wagering 35x(D+B)
Deposit Method Restrictions: Neteller; Skrill

Playzee

Casino Rating: 8/10
OFFICIAL ADR
DEPOSIT GUARANTEE

Terms and Conditions

The Playzee Casino Welcome bonus currently consists of a bonus of 100% up to £300 with 100 Complimentary Spins on Starburst (10 spins a day for 10 days).

The wagering requirement is 35x(D+B).

The bonus is structured so that only wagering with bonus funds, which are stacked beneath the deposited funds, counts towards the wagering requirement. This also means that bonus restrictions, do not apply while you are wagering with your deposited funds. In other words as long as you are only using deposited funds you can withdraw at any time you like.

The maximum bet term associated with these bonuses is £5 per round of play.

The maximum allowed from the Complimentary Spins is £50.

The bonuses are cashable.

The minimum deposit qualifying for the bonus is £20.

Bonus and associated winnings expire after 30 days; complimentary spins after 10 days if the wagering requirements are not completed.

No Bonuses for deposits by Neteller and Skrill.

This is the UK Welcome Bonus – on other jurisdictions bonus may vary.

Game Weightings:

    Each game is weighted individually – see operator’s website for further details.

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, High Rollers and Super 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 large player bet size (£4.95/spin) and a large deposit size of £100.

Super High Rollers will use a large player bet size (£4.95/spin) and a large deposit size of £300.

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 Playzee Casino complimentary spins we have 100 complimentary spins on Starburst with a value of €0.10/spin. That’s a total of 100×0.10 = £10.00 of wagers. The average win from the complimentary spins will simply be the total wagers multiplied by the RTP. So 10.00×0.961 = £9.61.

We then take the €9.61 win and assess the impact of the wagering requirement. The wagering requirement will be 9.61×35 = £336.35. We then conduct the following simulations for Low, Mid, High and Super High Roller play:

Low Roller

So the complimentary spin value is £4.35 when placing minimum bets.

Mid Roller

Complimentary spin value is £3.09.

High Roller

Complimentary spin value is £1.32.

Deposit Bonuses

Due to the structure of the Playzee bonus where wagers with deposited funds do not count towards the wagering requirement the bonus has to be assessed in two parts: the pre-bonus wagering and the value of the bonus. Once we have conducted these simulations we work out the value of the bonus as follows:

[Expected Loss from pre-bonus play] -([Value of the bonus]x[Chance of using the bonus]) = [Average Expected Value for the bonus]

Low Roller Bonus

Using a deposit of £30 with a bonus of £30, with a wagering requirement of 35x(30+30) = €2100 and a bet size of £0.09/spin we get the following results:

We now do a quick sum to calculate the overall value of the bonus:

Average Expected Value for the bonus = -£22.88 + (£7.08×0.9562) = -£16.11.

Adding the free spin value on to the result above we get -£16.11 + £4.35 = -£11.76.

Mid Roller Bonus

Using a deposit of £50 with a bonus of £50, with a wagering requirement of 35x(50+50) = £3500 and a bet size of £0.54/spin we get the following results:

We now do a quick sum to calculate the overall value of the bonus:

Average Expected Value for the bonus = -£18.26 + (£22.38×0.8950) = £1.77

Adding the free spin value on to the result above we get £1.77 + £3.09 = £4.86.

High Roller Bonus

Using a deposit of £100 with a bonus of £100, with a wagering requirement of 35x(100+100) = £7000 and a bet size of £4.95/spin we get the following results:

We now do a quick sum to calculate the overall value of the bonus:

Average Expected Value for the bonus = -£16.48 + (£66.00×0.8871) = £42.07

Adding the free spin value on to the result above we get £42.07 + £1.32 = £43.39.

Super High Roller Bonus

Using a deposit of £300 with a bonus of £300, with a wagering requirement of 35x(300+300) = £21000 and a bet size of £4.95/spin we get the following results:

We now do a quick sum to calculate the overall value of the bonus:

Average Expected Value for the bonus = -£82.70 + (£153.82×0.8847) = £53.38

Adding the free spin value on to the result above we get £53.38 + £1.32 = £54.70.