This sign up offer from Foxy Casino, an ElectraWorks Limited company is a low risk sign up offer, as we all love free slots. Yes there is a chance of losing your £10 deposit. As with any casino offer that we define as low,medium or high risk there is a change of losing your deposit, but still has a positive EV, which is what we are looking for when completing casino offers long term.

Welcome Offer Landing Page

Let´s start as we usually do with a glance at the terms:

Terms

Key terms:

“New depositors only. Min £10 deposit & £10 wager. Free Spins valid on TED only, expire in 7 days. 10x wagering req. on spins. Excludes deposits made with Skrill or Neteller. T&Cs apply.”

Full terms

  • The Promotion is valid between 17th October 2018 and the day we withdraw the Promotion, which we may do at any time without notice by ceasing to make the Promotion available on our website.
  • This promotion is only available to new Foxy Casino customers and only one per person, family, household address, payment method number and shared computer.
  • Players must be over 18 years old and residents of the UK (“Qualifying Players”);
  • In order to qualify for this Welcome Offer, a Qualifying Player must:
  • Deposit a minimum first deposit of £10 (a “Qualifying Deposit”)
  • Wager a minimum of £10 within 14 days
  • Upon completion of these requirements, a Qualifying Player will be awarded 50 Free Spins on the TED slot game
  • Deposits made via Skrill and/or Neteller shall not amount to a Qualifying Deposit;
  • Free Spins must be activated via the ‘My Free Spins’ section of your player account;
  • Free Spins must be used within 7 days from when they are credited (the “Time Limit”) ; any unused Free Spins after the Time Limit shall expire and be removed from your account;
  • Amounts won using Free Spins (“Winnings”) have a 10x wagering requirement before they can be withdrawn;
  • Winnings shall be forfeited and removed from a Qualifying Player’s account if that Qualifying Player does not use all 50 Free Spins within the Time Limit;
  • Free Spin Winnings shall be forfeited and removed from a Qualifying Player’s account if that Qualifying Player does not meet the 10x wagering requirements within 30 days;
  • Foxy Casino reserves the right to stop or change this promotion at any time.
  • If Foxy Casino suspects fraudulent activity, it reserves the right to suspend or remove that player from the promotion and/or suspend that player’s account and/or suspend the promotion pending investigation.
  • General Terms and Conditions apply.
  • Play responsibly, begambleaware.org.

To summarise our strategy (yesbets generic offer strategy) – set out for reload offer, but works just as well with sign ups too.

  • Qualifier: Deposit & wager £10
  • Trigger: Activate free spins
  • Rewards: 50 x £0.20 free spins on TED (x10 wagering)

Sign Up & Deposit

Create a new account & complete a £10 deposit

Deposit Success



Wager Deposit

Wager deposit once on blackjack, low stakes (£1) using perfect blackjack strategy. (some users prefer to go minimum stakes, max lines of low variance, low house edge slots (bloodsuckers).

Wager on Blackjack

Activate Free Spins

As stated by the terms, head over to the “My Free Spins” page to activate them

Activate Free Spins

Play Free Spins

Open up TED, the free spins will start automatically.

Play Free Spins

Wager Free Spin Winnings

With lots of the free spin reload offers, I always recommend withdrawing your deposit before you play the free spins. However with Foxy Casino there is no need, it uses bonus funds first, so all we need to do is keep an eye to make sure we carry on wagering whilst we have a bonus. If we reach our cash balance, stop and withdraw.

There are lots of ways to wager winnings, we will add an article on how to use the quick cruncher can help you decide on what game & stake levels to use.

I’ve decided to go with NetEnt slot Bloodsuckers 1 low variance,98% RTP, using the lowest stake value £0.25.

From my £7.60 winnings, I need to complete £7.60 x 10 = £76 worth of bets before my bonus balance will convert into my cash balance and available to withdraw. With these values plugged in quick cruncher provides us with the following values:

Percentage of completing the offer before busting out: 40%
Estimated Value (EV) of +£6.92

Casino Cruncher

So time to start wagering, auto spin where possible. I’ll keep an eye on the slot, as it will stop if I hit a bonus round, otherwise, I just need to keep activating another 100 auto spins each time. I actually continued a little too much here, my cash balance dropped from £12.50 to £11.93, so a few auto spins too far! 

Check Wagering 2

Complete

This time, I bust out on this offer, however made a £1.93 profit from wagering my deposit. As we mentioned at the start, its a low risk casino offer, but does not guarantee profit as we could have lost £10 while wagering my bonus. The offer is +EV this is what we are looking for when completing casino offers. There won’t be profit each and every time (as you may have been used to with matched betting sign up offers). But still a great addition to your repertoire to making profit online.

Withdraw

The information provided in this article is correct at time of writing (30th Oct, 2018).

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