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Riobet does not accept players from your country, click here to find a great bonus at a Recommended Casino

Riobet Welcome Bonus Code

100% up to $500

Max Bonus 500
Min Deposit 20
Max Bet 5
Type Cashable
Wagering 35xb

100 free spins on Gonzo's Quest

# of Spins 100
Spin Value 0.20
Max Bet 5
Max Win 5xb
Wagering 10xw
Country/Regional Restrictions: Australia, Argentina, Afghanistan, Bulgaria, Brazil, Canada, China, Cyprus, Czech Republic, Denmark, Estonia, France, Germany, Great Britain, Hong Kong, Hungary, Indonesia, Iraq, Israel, Italy, Japan, Latvia, Lithuania, Macao, Malaysia, Mexico, Netherlands, North Korea, Norway, Poland, Portugal, Romania, Singapore, Slovakia, Spain, Sweden, Taiwan, Thailand, Turkey, United States of America, UAE, Vietnam, Yemen

Riobet

Casino Rating: 5.45/10
AUDITED

Terms and Conditions

The Riobet Welcome bonus currently consists of a bonus of 100% up to $500 plus up to 100 complimentary spins on Gonzo’s Quest (1 spin for every $5 deposited).

The minimum deposit that will trigger the bonus is $20.

This bonus has a wagering requirement of 35xbonus.

The bonus uses a standard structure where the full balance is locked from the moment of deposit until the wagering requirement has been completed.

The maximum allowed bet is $5 on any single round of play.

Thee maximum allowed win with this bonus is 5xbonus.

The bonus is cashable.

Only players from the following countries are eligible to receive this bonus: Australia, Argentina, Afghanistan, Bulgaria, Brazil, Canada, China, Cyprus, Czech Republic, Denmark, Estonia, France, Germany, Great Britain, Hong Kong, Hungary, Indonesia, Iraq, Israel, Italy, Japan, Latvia, Lithuania, Macao, Malaysia, Mexico, Netherlands, North Korea, Norway, Poland, Portugal, Romania, Singapore, Slovakia, Spain, Sweden, Taiwan, Thailand, Turkey, United States of America, UAE, Vietnam, Yemen

Bonus and associated winnings will expire after 72 hours if the wagering requirements are not completed.

Game Restrictions:

  • all games like “Live casino”, sports betting, virtual sports, all jackpot games, as well as Mega Moolah, Scrooge, CashSplash 5 Reel, LotsALoot 3 Reel, King Cashalot, CashSplash 3 Reel, Mega Moolah Isis, Major Millions 5 Reel, WowPot, Treasure Nile, Tunzamunni, LotsALoot 5 Reel, Castle Builder, Untamed Giant Panda, Untamed Bengal Tiger , Colossus Fracpot, Book of Gold: Double Chance, Max Quest: Wrath of Ra, Battle Mania

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 ($4.95/spin) and a deposit value of $500.

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 Riobet complimentary spins we have complimentary spins on Gonzo’s Quest with a value of $0.20/spin.

We then take the £2.40 win and assess the impact of the wagering requirement. The wagering requirement will be 2.40×50 = £120. We then conduct the following simulations for Low, Mid and High Roller play:

Low Roller

Low Rollers will receive 6 complimentary spins. That’s a total of 6×0.20 = $1.20 of wagers. The average win from the complimentary spins will simply be the total wagers multiplied by the RTP. So 1.20×0.96 = $1.15. We then calculate the wagering requirement – 1.15×10 = $11.50.

So the complimentary spin value is $0.99.

Mid Roller
Mid Rollers will receive 10 complimentary spins. That’s a total of 10×0.20 = $2.00 of wagers. The average win from the complimentary spins will simply be the total wagers multiplied by the RTP. So 2.00×0.96 = $1.92. We then calculate the wagering requirement – 1.92×10 = $19.20.

So the complimentary spin value is $1.72.

High Roller
High Rollers will receive 20 complimentary spins. That’s a total of 20×0.20 = $4.00 of wagers. The average win from the complimentary spins will simply be the total wagers multiplied by the RTP. So 4.00×0.96 = $3.84. We then calculate the wagering requirement – 3.84×10 = $38.40.

So the complimentary spin value is $3.23.

Super High Roller
Super High Rollers will receive 100 complimentary spins. That’s a total of 100×0.20 = $20.00 of wagers. The average win from the complimentary spins will simply be the total wagers multiplied by the RTP. So 20.00×0.96 = $19.20. We then calculate the wagering requirement – 19.20×10 = $192.00.

So the complimentary spin value is $16.98.

 

 

Deposit Bonus

The structure of the Riobet 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 30×35 = $1050 and a bet size of $0.09/spin we get the following results:

Adding the free spin value on to the result above we get -$0.56 + $0.99 = $0.43

Mid Roller Bonus

Using a deposit of $50 with a bonus of $50, with a wagering requirement of 50×35 = $1750 and a bet size of $0.54/spin we get the following results:

Adding the free spin value on to the result above we get $1.97 + $1.72 = $3.69.

High Roller Bonus

Using a deposit of $100 with a bonus of $100, with a wagering requirement of 100×35 = $3500 and a bet size of $4.95/spin we get the following results:

Adding the free spin value on to the result above we get -$22.77 + $3.23 = -$19.54.

Super High Roller Bonus

Using a deposit of $500 with a bonus of $500, with a wagering requirement of 500×35 = $17500 and a bet size of $4.95/spin we get the following results:

Adding the free spin value on to the result above we get $23.12 + $16.98 = $40.10.