The Grand Ivy Welcome Bonus Code

Terms and Conditions

The Grand Ivy Welcome bonus currently consists of a bonus of 100% up to £300 plus 25 complimentary spins on Starburst. The minimum deposit that will trigger the bonus is £20. This bonus has a wagering requirement of 35x(deposit+bonus) for the deposit bonus and 35xwinnings for the free spin winnings. 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 standard bonus structure where all funds are locked until wagering requirements have been completed are used for non-UK players.) The maximum allowed bet is £5 on any single round of play. Minimum bets of £1 are required to count towards wagering requirements. There is no maximum win on the deposit bonus and the complimentary spins carry a maximum win of £100. The bonus is cashable. Players depositing via Neteller or Skrill are not eligible for this bonus. Players from the following countries are not eligible to receive this bonus - Armenia, Poland, Greece, Hungary, Croatia, Ukraine, India, Russia, Czech Republic, Slovakia and Serbia The bonus and associated winnings will expire after 30 days if the wagering requirements are not completed. Game Weightings:

• *Slots 100%
• Table Games 0%
• Video Poker Games 0%
• Other 0%
• Scratchcards & Keno 100%
• *Blood Suckers, Dead or Alive, Devils Delight, Kings of Chicago, Jackpot 6000, Lucky 8 Line, Mega Joker, Super Nudge 6000, Big Bad Wolf, 300 shields, Secrets of the stones and Victorious. 20%

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 High Rollers. Each category will use the same slots game (Thunderstruck) for accurate comparison. 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 £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 Grand Ivy complimentary spins we have 25 complimentary spins on Starburst with a value of £0.10/spin. That’s a total of 25x0.10 = £2.50 of wagers. The average win from the complimentary spins will simply be the total wagers multiplied by the RTP. So 2.5x0.961 = £2.40. We then take the £2.40 win and assess the impact of the wagering requirement. The wagering requirement will be 2.40x35 = £84. We then conduct the following simulations for Low, Mid and High Roller play: High Roller

Free spin value is £1.11.

 

 

Deposit Bonus The structure of The Grand Ivy 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. 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:

We now do a quick sum to calculate the overall value of the bonus: Average Expected Value for the bonus = -£16.48 + (£64.16x0.8871) = £40.44 Adding the free spin value on to the result above we get £40.44 + £1.11 = £41.55. Super High Roller Bonus Using a deposit of £300 with a bonus of £300, with a wagering requirement of 600x35 = £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 = -£84.60 + (£152.93x0.8857) = £50.85 Adding the free spin value on to the result above we get £50.85 + £1.11 = £51.96.