Springtime Sharepot at TropicanaCasino.com
TropicanaCasino.com has a brand new Springtime Sharepot promotion for you this weekend. It’s not a drawing where only some players win prizes, but as close as you can get to a sure thing. All you have to do is play and you’re almost guaranteed to get a share.
The casino is even ready to sweeten the Sharepot with up to 1 million Trop Points. That’s why it’s calling the promotion Springtime Million Sharepot!
Tropicana Online Casino Had the Same Promotion in March
This promotion is virtually identical to the Springtime Sharepot promotion that Tropicana Online Casino offered from March 19 through March 22. The only difference, other than being for just three days now rather than four, is that New Jersey was hit by so much snow, rain, and wind during the March promotion, it should have been called a Winter Sharepot. This time spring really is here–finally.
The current promotion started Friday, April 27 and continues over the weekend only, through 11:59 p.m. Sunday, April 29. You certainly don’t have to be a big player to benefit, as the minimum wager is only $50. However, the more you play, the more Sharepot tickets you earn, and the bigger your share of the Sharepot!
How the Springtime Sharepot Works
In order to participate, all you have to do is log into your TropicanaCasino.com account during the promotion period and play your favorite games.
Each day of the promotion, every $50 you wager on any game earns you one Sharepot ticket, up to a maximum of five tickets per day if you wager $250 or more. In other words, if you wager $250 or more on all three days, you will earn the maximum of 15 Sharepot tickets. Even if you miss the first day and start playing on Saturday, you can still earn up to 10 tickets.
Meanwhile, for every $10 wagered by any player during the three day promotion period, the casino will add 1 Trop Point to the Sharepot, up to a maximum of one million Trop Points.
Distribution of Prizes
On Monday, April 30, each player’s share of all the Trop Points in the Sharepot will be determined. Here is a brief summary of the math that’s involved. But if you don’t understand it, don’t worry. That’s the casino’s job. All you have to do is convert the Trop Points you receive to bonus money and wager your bonus once.
- TropicanaCasino.com will determine both the number of Sharepot tickets earned by each player and the total number of Sharepot tickets earned all together by everybody.
- Your percentage or “share” of the Springtime Sharepot will then be computed. To arrive at this figure, the casino will simply divide the number of Sharepot tickets you have earned by the total number of tickets earned by all players combined.
- This percentage is then multiplied by the number of Trop Points in the Sharepot. The resulting figure is the number of Trop Points you receive.
For example, if you earn 10 tickets and all players combined earn 1,000 tickets, your percent of the Sharepot will be 10/1,000 or 1 percent. Then, let’s say that all together the Sharepot holds 150,000 Trop Points. Your prize is 1% of 150,000, or 1,500 Trop Points.
As soon as the final Springtime Sharepot results have been determined, all participating players will be notified how many Trop Points they will receive. However, it may take up to three business days for the points to be credited to players’ accounts.
How to Convert Trop Points to Bonus Money
Trop Points in their existing form won’t do you any good. They need to be converted into Bonus Money. Instructions on how to do this are provided on the TropicanaCasino.com website. You can also contact Customer Support for assistance.
Every 100 Trop Points is worth $1 in Bonus Money. So, using the hypothetical example above, a player who earns 1,500 Trop Points would earn $15 in Bonus Money.
Wagering the Bonus
Any Bonus Money received from this promotion works exactly like any other Bonus Money awarded to existing TropicanaCasino.com players. Before you will be permitted to withdraw any bonus related winnings, you need to wager the bonus 1x. You can play any game you wish, as long as you do so within 30 days.
Unfortunately, even after completing this small wagering requirement, all you will be able to keep is your winnings, if any, from betting the bonus, not the bonus itself. As soon as the wagering is completed, the casino takes the bonus back, so it is not withdrawable then or ever.
The Bottom Line–Is the Tropicana Online Casino Springtime Sharepot Worth Your Time?
The honest answer to this question is that the promotion’s title “Springtime Million” is a bit misleading. For starters, the number of Trop Points in the Sharepot is likely to be far less than 1 million. Secondly, unless you are very lucky and win a jackpot during the course of your play, this is not the type of promotion that is conducive to making a big score.
Any winnings are likely to be small.
The terms and conditions are such that winning a large amount of money from taking part in this promotion is very unlikely. One factor working against you is that you can only bet the bonus once. Then, on top of that major constraint comes another one–you can’t keep the bonus, only the winnings.
However, reasonable wagering requirements keep the promotion affordable.
On the other hand, because the wagering requirements throughout this promotion are minimal, both to be eligible for a share of the Sharepot and later, when you receive your bonus, this is an equal opportunity offer. In addition, no deposit is required at any time. Therefore, virtually any player can afford to participate, Even if you don’t play enough to earn the maximum number of tickets, you are not left out. You still get a share of the Sharepot.
Later, when you receive your bonus, since you only have to wager it once, the casino is giving you a free shot to try to win with it. If you only win a tiny bit or don’t win at all, even though it would be disappointing, the good news is that betting the bonus still won’t cost you any of your own money.
Based on all of the foregoing, the bottom line is this. The Tropicana Springtime Sharepot isn’t a great promotion, but it adds to the fun of playing, and you’re rewarded with a no risk bonus, too. Therefore, as long as you’re planning to play on TropicanaCasino.com anyway this weekend, you might as well give this promotion a shot.