Metal Casino - Deposit For Free Spins Existing Customer Offer
Metal Casino is a relatively new casino, but they seem to offer a lot of ongoing customer offers. I receive these via text message usually, and when logged into their website there is a banner at the top.
The offer we will look at is a fairly standard 30 free spin offer
“If you deposit you’ll get 30 spins on Guns N Roses. 45x Wagering, Game weighting, Bonus Terms and General Terms & Conditions apply. Horns up Daryl!”
Low / medium risk offer - please do not attempt unless you have happy with putting your deposit at risk.
Check Terms & Create Strategy
Key bits I’ve pulled out:
Max £5 bets while wagering the winnings
There is a list of eligible & excluded slots for wagering - so we need to check the slot we choose is available for 100% wagering contribution.
Now to put together our yesbets offer strategy
Qualifier: Deposit £10
Reward: 30 free spins, £0.20 each on “Guns N Roses” (x30 wagering)
Notes: £5 max spin while using bonus. Check excluded slots list.
Is this offer worth completing? Let´s take a look at the key info and work out the EV.
Min deposit - £10, min withdrawal £10.
Wager the deposit on £1 blackjack (EV -£0.12)
Guns N Roses minimum spin amount is £0.20 so 30 x £0.20 = £6 worth of free spins.
If we win £5 from the free spins, with x45 wagering (which is is higher than other similar offers), and we wager on low stake medium variance slots, we have a 9% change of completing with an EV of +£3.42.
Overall the offer does have a +EV, so over the long term by completing these offers we should come out with a profit. Please make sure you fully understand how EV works, as this does not mean you will make a profit from this offer.
Step By Step
1. Deposit (minimum) £10
2. Check Free Spins Have Been Credited
Open Guns N Roses slot to see if the free spin popup is available BUT do not spin
3. Wager Deposit & Withdraw
As we opted for just £10 deposit, we are taking a little more of a risk as we will need to keep playing until we have a £10 balance.
Standard low risk blackjack wagering strategy (described here).
I think this is a good opportunity to show the risks of depositing the minimum withdrawable amount, there is no room for error. I busted out and lost all my deposit on this offer as I could not get back to the min £10 to withdraw. A more sensible option would be to deposit more and allow for some loss from the wagering.
4. Play Free Spins
5. Wagering Free Spin Winnings
The following page (My Account - Bonuses) shows our progress, you can see from the screenshot below the other list of free spin offers I’ve taken part in.
Make sure to select a slot that contributes to wagering 100%. I’m going to stick with Guns N Roses (96.98% RTP & Medium Variance). Please use quick cruncher to help with your decision on stake size.
Another bust out on this one. With any free spin offer with wagering, having a bust out is nothing new, you only really need one win to provide a decent profit to make up for all of the times that you bust out. I was left with £0.08, however with Metal Casino anything lower than £0.10 will be moved straight to the cash balance, so there is no need for the 1p slot list this time around.
Risk Free Spin Offers
Metal Casino also provide an abundance of risk free free spin offers that do not require any wagering. Just login to your account and they are available.
I managed a nice profit of £24.69 one one, so makes up for my £10 loss on the above offer!