Cinco de Mayo is a Great Time for Bonuses

 

I can’t remember the last time that Cinco de Mayo and the Derby fell on the same day. But it’s definitely happening this year, making this truly a weekend to celebrate. Of course, one way to make a blockbuster weekend like this even better is to cash in on some good NJ online casino bonuses, so I will now mention two of them. The first is from GoldenNuggetCasino.com. The second is from CaesarsCasino.com.

Golden Nugget Online Casino: May the Fourth Be With You

This is a rather odd name for an online casino promotion, but even more unexpected is the percentage of your deposit that the casino is offering as a bonus. Not 100%, not 50%, not 40%, but 44%.

Make a single deposit of $20 or more anytime from Friday, May 4 through Sunday, May 6, and the casino will match it 44% up to $44.

If you would like the maximum bonus of $44, you need to deposit $100. If you deposit more than $100, your bonus will still be $44. On the other hand, if you only make the minimum deposit of $20, all you will receive as a bonus is $8.88.

If you wish to participate, simply go to Available Bonuses and claim the May the Fourth Be With You offer. As soon as you make your deposit, the bonus will be credited to your account immediately. You can only claim this offer once.

Wagering Requirements for the 44% Deposit Match Bonus

Before you will be permitted to withdraw the bonus, your deposit tied to the bonus, or any resulting winnings, here are the wagering requirements you will need to meet:

  • Most slots: 10x bonus
  • Excluded slots* and all other games: 50x bonus

*The following 19 slot games only count 20% instead of the usual 100%. Therefore, if you choose to play any of these games for the purpose of clearing the bonus, the wagering requirement will be the same 50x the bonus as for non-slot games.

  • Bloodsuckers
  • Vampires vs. Werewolves
  • Starmania
  • Wolfpack Pays
  • Golden Monster Wins
  • Jack and the Beanstalk
  • Jack Hammer 2
  • Medusa II
  • Secrets of Atlantis
  • Spin Sorceress
  • Steam Tower
  • Wild Dodo
  • Xing Guardian
  • Diamond Tower
  • Jack Hammer vs. Evil Dr. Wuten, King of Slots
  • Monopoly Big Event
  • Reel Rush
  • Samurai Princess
  • Serengeti Diamonds

You have seven days to complete the wagering.

Your own deposited funds are used first for this purpose, and then the bonus. As long as the wagering to clear the bonus is still in progress, the bonus, your deposit tied to the bonus, and any bonus related winnings are temporarily locked into your account and cannot be withdrawn. Any attempt to withdraw these funds prematurely or failure to complete the wagering within the allotted seven day time frame will result in forfeiture of both the bonus and any resulting winnings. However you can still withdraw any winnings from wagers made with your own cashable wallet funds. The remaining money will become available upon satisfactorily completing the wagering requirements.

Caesars Online Casino:  Cinco de Mayo 100% Deposit Match Bonus up to $100

What is better than a 44% deposit match bonus?. A 100% deposit match bonus! And this weekend, in celebration of Cinco de Mayo, Caesars Online Casino is offering it.

The offer is good all weekend long, starting Friday, May 4 and continuing through Monday, May 7.

If you would like to take advantage of this promotion, simply do the following:

  • Log into your CaesarsCasino.com account anytime during the 5/4-5/7 promotion period.
  • Click on “My Account” and then on “My Bonuses.”
  • Enter the code MAY100. Then click on “Get Details.”
  • Find the offer 100% Deposit Match under “Available Bonuses.” Then click on “Deposit” next to the bonus.
  • Make your deposit and claim your bonus.

This offer can only be claimed once, and only your first deposit of the weekend counts. Deposits made at the Caesars Atlantic City casino’s cage or via PayNearMe do not count.

Wagering Requirements for the Cinco de Mayo 100% Match Bonus

Caesars may be the only NJ online casino that includes both the bonus and deposit when determining the wagering requirements. Here are the rather hefty wagering requirements that apply to this bonus.

  • Slots: 5x bonus + deposit
  • Video Poker: 10x bonus + deposit
  • All Other Games: 25x bonus + deposit

You have seven days to complete the wagering. In the meantime, while the wagering is still in progress, the bonus, deposit tied to the bonus, and any resulting winnings are all locked into your account and unavailable for withdrawal. Cancelling the bonus, attempting to withdraw unavailable funds prematurely, or failing to complete the wagering within the allotted time period will all result in both the bonus and any resulting winnings being forfeited. However, once the wagering requirements have been met, assuming it is before the bonus expires, you will have full access to the money.

Evaluating The Two Cinco de Mayo Bonuses–Hits and Misses and What Makes Them Both Good Offers

The two promotions highlighted in this article are by no means the only special online casino promotions you can access this weekend. I chose them because overall, they are both solid offers that are worth your time.

Golden Nugget Offer

A 44% deposit match, even though it’s not as good as a 100% deposit match, is still far superior to many of the other deposit match bonuses that NJ online casinos are offering. However, unless your deposit is a round number like $100, the math, both for determining the amount of your bonus and the amount you have to wager, becomes unnecessarily complicated. A 50% deposit match bonus would have made more sense.

If you can afford to deposit $100, that’s what you should do so you will get the maximum bonus of $44. Otherwise, deposit $50 for a $22 bonus. I don’t recommend depositing less than $50 because that will make the bonus so tiny, it would be a waste of time.

I recommend clearing the bonus fully or partly with slots that count 100%. That will keep the wagering requirements reasonable. Take advantage of the full seven days allotted to you to spread out your play.

Caesars Offer

This is another bonus where you need to be very mindful of the wagering requirements. Requiring you to wager the deposit the same number of times as the bonus in effect doubles the wagering requirement over what it would be playing just the bonus the same number of times.

Actually, the wagering requirement of 5x the bonus + deposit for slots is identical to the requirement of 10x the bonus for most of the slots at Golden Nugget. Likewise, the requirement of 25x the bonus + deposit for table games is identical to the requirement of 50x the bonus for these games at Golden Nugget.  Furthermore, at Caesars, just like at Golden Nugget, you are being given seven days to clear the bonus. Accordingly, the same recommendations I have given concerning clearing the bonus at Golden Nugget also apply to Caesars.

The Caesars bonus is the superior one of the two in two respects. For starters, it has a higher cap of $100. Secondly, you are getting a full 100% match of your deposit.

 

 

 

 

 

 

 

 

Barbara Nathan
Barbara Nathan is both a professional writer and casino, poker, and sports betting expert. Originally from NYC, she relocated to Absecon, NJ in 2013 just prior to the official launch of New Jersey regulated online casino and poker gambling. Besides keeping tabs on important developments in the industry from day 1, Barbara is very familiar with what each NJ online casino has to offer. Her comprehensive, unbiased reviews and promotion descriptions provide a valuable service to NJ online casino players. Barbara also enjoys volunteering in the Atlantic City community. She is a certified literacy tutor at the Atlantic City Public Library.

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