- High maximum bonus
- Variety of payment methods
- Inclusive 3-deposit package
- Cryptocurrency-friendly
- Large free spins bundle
- High minimum deposit
Claim Your Exclusive BurningBet Casino Offer
Jumpstart your gaming adventure at BurningBet with a generous BurningBet First Deposit Bonus designed to double the excitement for every new player. Begin your journey with a massive 100% boost up to €1000. This introductory bonus is a substantial offering that sets the stage for an engaging casino experience.
The welcome package is added to the new member rewards, ensuring that the bonuses don’t stop at the first deposit. Your second deposit is met with a 70% bonus up to €1000 and an additional 100 free spins, and your third deposit receives an 80% bonus, also up to €1000, plus another set of 100 free spins. This structured welcome gift provides a comprehensive starter pack for every new account.
Compared to other casinos, the BurningBet Welcome Offer is impressive, tending to favor high rollers with its significant maximum bonus size and the high minimum deposit required to activate the offer. It’s a welcome benefit that positions itself above average in the market, catering to players ready for a substantial initial deposit and eager for large-scale play.
How to Claim the Bonus
To be eligible for the BurningBet Deposit Bonus, you must be a new customer at least 18 years of age and not previously banned from gambling. You need just one bonus per individual, ensuring that each new member stimulates their playtime in a fair and controlled manner. Criteria for eligibility include having a registered account that fits the stated requirements.
However, engaging in the BurningBet Welcome Offer comes with certain territorial restrictions. The following countries are prohibited from new player registration:
Upon claiming your initial deposit reward, note that it must be used within 10 days after activation, ensuring the welcome benefits are enjoyed promptly. While there is no specific promo code mentioned, make certain to adhere to the deposit methods for your bonus to apply: cryptocurrency payments via Bitcoin, Tether, Dogecoin, TRON, Litecoin, Ethereum, without any stated limits, and traditional options like credit cards VISA, Mastercard with a minimum of €20 and a maximum of €10,000. E-wallet solutions like Skrill, Neteller, ecoPayz, Klarna, and Interac are also available, starting from €20 without an expressed upper cap.
Wagering Requirements
BurningBet New Customer Offer is attractive, but it comes with a standard industry wagering obligation. The wagering requirement for the bonus and your deposit is set at a 35x multiplier, which must be completed within the 10-day validity period from the bonus activation.
To illustrate, if a player deposits €300 and receives a €300 match bonus, it is mandatory to wager the total of €600 multiplied by 35, totaling €21,000, before any winnings can be withdrawn.
The €5 cap on the maximum bet applies while meeting the bonus wagering requirements, ensuring players abide by the bonus rules and maximize their experience. It’s noteworthy that wagering applies to both the bonus and the deposit, which can be a determinant when compared to other casinos that may only require wagering on the bonus funds.
EV Calculation
Understanding the Expected Value (EV) is paramount when evaluating the new customer benefits of online casinos. In simple terms, EV is the amount one expects to win or lose on average given certain wagering conditions and is calculated as EV = (Bonus − Expected Loss), where Expected Loss = Wagering Requirement × House Edge.
Let’s focus on two slots with their respective house edges to compute the expected loss for each when using the BurningBet Deposit Bonus. For ‘Mystery Joker’ by NetEnt, with a Return to Player (RTP) of 94%, the house edge is 6% and for ‘Warlords: Crystals of Power’ by NetEnt, with an RTP of 96%, the house edge is 4%.
For a €1000 bonus, this translates into:
Mystery Joker Calculation
- Expected Loss = €35,000 x 6% = €2100
- EV for Mystery Joker = €1000 – €2100 = -€1100
Warlords: Crystals of Power Calculation
- Expected Loss = €35,000 x 4% = €1400
- EV for Warlords: Crystals of Power = €1000 – €1400 = -€400
Thus, after meeting the wagering requirements, a player utilizing the bonus on ‘Mystery Joker’ might expect to keep significantly less of the initial deposit and bonus amount compared to ‘Warlords: Crystals of Power’, based on the expected values calculated.
Game Contributions
Different games contribute differently towards meeting the wagering requirements of the BurningBet first deposit offer. Below is a table showcasing the contribution percentage by game type:
| Type of Games | Contribution % |
|---|---|
| Slots and Other | 100% |
| Table Games | 0% |
| Video Poker | 0% |
| Roulette | 0% |
| Blackjack | 0% |
| Baccarat | 0% |
| Craps | 0% |
For example, when playing slots with a 100% contribution, every euro wagered goes towards fulfilling the wagering requirement. On the other hand, placing a roulette bet, regardless of the bet size, will not contribute to the wagering requirement.
It is also important to note that jackpot games do not contribute to the bonus wagering, thus, choosing the right type of game can greatly influence completing the requirements.
Understanding the nuances of bonus wagering extends to knowing which games are excluded or have limited contribution towards the requirements. BurningBet enforces a list of excluded slots on which play with bonus funds is not permissible. These include but are not limited to: Dead or Alive 2, Vampires, The True Sheriff, and so forth, encompassing titles from various providers like NetEnt and Amusnet.
Slots with limited contribution towards the wager requirements include Safari, Gold Rush, Beautiful Bones, and others, all contributing 20% towards the wagering quota. This ensures players must carefully choose their games to optimize their welcome benefits.
Bonus Withdrawal Details
After joyously using the new customer promotions, specific verification documents are required for withdrawal, such as a copy of your passport and a screenshot of your e-wallet.
The withdrawal methods at BurningBet are straightforward, with options ranging from cryptocurrencies like Bitcoin and Ethereum to e-wallets like Neteller and ecoPayz, each with a minimum of €20 and a maximum of €400. No fees are associated with either deposits or withdrawals, and the processing times are not explicitly mentioned.
It’s vital to abide by all bonus terms, as the withdrawal of unused bonus and winnings may be canceled if wagering requirements are not fulfilled within the stipulated 10 days.
