Mr Vegas Welcome Bonus 100% up to £200 and 11 Bonus Spins on Pink Elephant 2

91%

How do we rate bonuses?

The overall bonus rating is determined based on several factors: the amount of the bonus, the company's rating, the ease of obtaining it, the players' rating and the conditions for obtaining the bonus.

Total bonus amount
92 %
Easy to reach
92 %

Welcome Bonus 100% up to £200 + 11 Free Spins on Pink Elephant 2

Bonus value

£ 201

Deposit required

YES

The bonus is for

New players
Easy to reach
The fairest bonus
Fair conditions
Bonus can be used on
Slots
Slots

Bonus detail

Bonus

Welcome Bonus 100% up to £200 + 11 Free Spins on Pink Elephant 2

Bonus amount

£ 201

Deposit and get back

100 %

Full conditions

  • Conditions for receiving a bonus

    Welcome Bonus

    • Wagering requirement is 35x deposit – that’s £7,000 for the £200 bonus
    • All slots except for progressive jackpot slots can be played with the bonus
    • Slots contribute according to their RTP; the base contribution is 100% for a 96.00% RTP slot
    • The minimum game contribution is 25% and the maximum is 175%
    • Bonus funds aren’t playable; they need to be released to the main balance
    • Bonus funds are released into the main balance in ten tranches of 10%, each after a 3.5x wagering of your initial deposit is completed

    Bonus spins

    • Register a new account at Mr Vegas
    • Deposit £10 or more within 24 hours of registration
    • Claim the Mr.Vegas Welcome Bonus 100% up to £200 at the same time if you wish
    • Activate the Welcome Spins in your account within 7 days after successful deposit
    • Free spins have to be used within 24 hrs.
    • You can use your free spins on the Pink Elephants 2 slot from Thunderkick
    • Each free spin is worth £0.1
    • All winnings from Free spins will be transferred directly to your account
    • You can withdraw winnings right away with no additional wagering requirements
  • Bonus time limits

    Once you have made the initial deposit, you have 30 calendar days to activate the bonus. You have 60 calendar days from the activation date to use the bonus.

    • You must deposit within 24 hours of registration to be eligible for Welcome Spins
    • The Welcome Spins need to be activated in your account within seven (7) calendar days
    • Bonus spins have to be used within 24 hours from activation
  • Bonus wagering requirements

    The wagering requirement for this bonus is 35x your initial deposit. In total, you will have to wager £7,000 to receive the £200 bonus

    Deposit amount Bonus value WR You have to wager in total
    £10 100 % 35x £350
    £20 100 % 35x £700
    £50 100 % 35x £1750
    £100 100 % 35x £3500
    £200 100 % 35x £7000
    • All winnings earned from your Welcome Spins will be transferred to your main account and can be withdrawn without any wagering requirement

Get 100% deposit bonus up to £/€200 on your first deposit. Your bonus is immediately available for activation after you have made your first deposit. To activate your bonus, go to “My Profile” → “My Bonuses”.

What games can you play with this bonus?

 All slots except for progressive jackpot slots will contribute to wagering requirements and will do so according to the slot’s theoretical payout (RTP). The base value is a 100% contribution of a game that has an RTP of 96.00%.

There are no game restrictions other than the fact that progressive jackpot slots can’t be played with bonus money. Meaning, that all of the Mr Vegas slots, 11,000 of them, can be played with bonus money.

Roulette, blackjack and video poker contribute 10% to wagering requirements.

How to claim this bonus ?

  • Register

    • Visit the Mr Vegas website.
    • Click on the “Register” button.
    • Fill in your personal details to create a new account.
  • Make Your First Deposit

    • Log in to your new Mr Vegas account
    • Go to the deposit section
    • Deposit an amount between £10 and £200
  • Activate the Bonus

    • Navigate to “My Profile” in your account
    • Select “My Bonuses”
    • Activate the available bonus
  • Wager to Receive Bonus Funds

    • Wager your deposit 3.5 times.
    • Receive the first 10% tranche of your bonus.
  • Continue Wagering

    • Keep wagering to unlock an additional 10% tranches
    • Repeat until all ten 10% tranches of bonus funds are claimed

How to calculate the game contribution to wagering requirements

 At Mr Vegas, slots contribute to wagering requirements according to their theoretical payout (RTP), so the contribution of every game is individual.

 As a rough guideline, a game with 96% RTP contributes 100%, a game with 97% contributes 75%, while a game with 95% contributes 125%.

 The minimum contribution is 25% while the maximum contribution is 175%. Every 0.01% of RTP less than 96.00% will increase the contribution value by 0.25%, which means that it will take a slot game with an RTP of 93.00% to achieve the maximum contribution of 175%.

What is the Expected Value (EV) of the Mr Vegas Welcome Bonus?

 The Bonus Expected Value is a mathematical value that describes how much you’re expected to win or lose with the bonus if you follow the rules of the bonus. It is a rough estimate that tells you whether the bonus rules are beneficial or predatory.

 In the case of Mr Vegas, the first thing that stands out is the wagering requirement of 35x your deposit. Casinos usually have the 35x requirement alright, but for deposit plus bonus, which means Mr Vegas is asking you to wager half what other casino would ask. Also, 35x is very lenient.

 You’re expected to wager £7,000 to get £200 in bonuses. Let’s see how much you’re expected to lose.

 If you’re playing a slot game with a 96.00% RTP, it will contribute 100% to the wagering requirements so you’ll be asked to wager £7,000. If you wager £7,000 on a game with a payout of 96%, you’re expected to get back £6,720 for a net minus of -£280, while you’re getting £200 in bonus money. That makes the Expected Value (EV) of this bonus -£80, which is a 40% loss of your initial deposit.

 That’s actually a fantastic EV as it’s usually much, much lower at other casinos.

 EVs for slots with RTPs lower and higher than 96.00% are consistent with the above calculation, it’s always -£80.

Mr Vegas Casino

Mr. Vegas Casino
Mr Vegas Casino

Mr Vegas Casino is a popular online gaming platform known for its wide range of games, including slots, live casino, and table games. It offers a sleek and user-friendly experience with plenty of promotions, such as welcome bonuses, daily rewards, and special events like the Wheel of Vegas.

Mr Vegas Casino is a popular online gaming platform known for its wide range of games, including slots, live casino, and table games. It offers a sleek and user-friendly experience with plenty of promotions, such as welcome bonuses, daily rewards, and special events like the Wheel of Vegas.

Bonus summary

Mr Vegas Welcome Bonus 100% up to £200 and 11 Bonus Spins on Pink Elephant 2

This is a fantastic bonus due to unique Terms & Conditions that let you play slots that have an RTP lower than 96.00% and thereby reduce the total wagering requirement. Also, the maximum allowed single bet is a whopping £20, which the more shrewd gamblers will know how to use to their advantage to meet the wagering requirements sooner.

While most of the time it makes sense to play low variance slots to meet the bonus requirements, in this case, it’s probably better to go for a high variance slot with a sub-94% RTP. With a little luck and a large win here and there, playing through this bonus will be a breeze.

Review Welcome Bonus 100% up to £200

Overall bonus rating

  • 91%
    Editor's rating
    Martin
    Martin
    Review author for the editorial team
  • 0%
    Rating of 0 players
    Rate this bonus too
How do we rate bonuses?

The overall bonus rating is determined based on several factors: the amount of the bonus, the company's rating, the ease of obtaining it, the players' rating and the conditions for obtaining the bonus.

Total bonus amount
92 %
Easy to reach
92 %

Pros

  • Very lenient wagering requirement of 35x bonus
  • Flexible game contribution up to 175%
  • Bonus released in 10 tranches so you can use the money sooner
  • Very large maximum allowed bet of £20
  • Low deposit requirement (£10)
  • No wagering requirements on winnings
  • Easy activation process

Cons

  • Bonus funds are not playable
  • Can't play live dealer games with the bonus
  • Bonus is only £200
  • Not a no-deposit bonus
  • Spins must be used within 24 hours
Bonus value
£ 201
Bonus can be used on
Slots
Wagering requirement
35x
Minimum deposit to receive the bonus
£ 10
Deposit value to reach the maximum bonus amount
£ 200
The bonus is for
New players
Deposit required
YES
Bonus at a licensed casino
YES

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