Borgata Online Casino Five Year Anniversary
November 26, 2018 isn’t a holiday, but it’s a very important day in New Jersey–the five year anniversary of online casino gambling in this state. Borgata Online Casino, one of multiple NJ gambling websites up and running since day 1, is joining the celebration in a big way. On Monday, November 26, BorgataCasino.com will announce the 100 winners of its Five Year Anniversary $5,000 Sweepstakes.
How to Enter the BorgataCasino.com Five Year Anniversary $5,000 Sweepstakes
The period for earning entries into this special Five Year Anniversary giveaway started Friday, November 23 and continues through 11:59 p.m. Sunday, November 25. Here’s what you need to do to participate.
- Log into your BorgataCasino.com account during the November 23-25 promotion period.
- Go to My Promotions and opt into the Five Year Anniversary $5,000 Sweepstakes. This will entitle you to one free entry.
- Earn additional entries by playing. For every 5 iRPs earned during the promotion period, you get one additional entry. A maximum of 50 additional entries per player is permitted.
What You Can Win
On Monday, November 26, Borgata Online Casino will hold a random drawing to determine the winners. The distribution of prizes will be as follows:
|GRAND PRIZE||$1,000 CASH|
|2 – 3||$500 CASH|
|4 – 5||$250 CASH|
|6 – 9||$100 CASH|
|10 – 24||$50 BONUS DOLLARS|
|25 – 45||$25 BONUS DOLLARS|
|46 – 100||$15 BONUS DOLLARS|
As you can see, the top nine prizes are in cash, while the remaining 91 prizes are all in the form of Bonus Dollars added to the player’s account.
All winners will be notified by email and have their cash or bonus money prize credited to their account by 5 p.m. on November 26.
Wagering Requirements for Bonus Dollars Prizes
All cash prizes will be available for immediate withdrawal and are also reportable for tax purposes. However, any bonus dollars won in the five year anniversary promotion are subject to usual Borgata Online Casino wagering requirements.
Players will be required to wager the bonus 15x. This can be on any game, and all games count 100%. You will also earn loyalty points on all of these wagers, including those made with the bonus money as well as your own money.
The only tough part is your very short window of time.You only have until 11:59 p.m. the following day (Tuesday, November 27) to complete the wagering. Depending on whether your bonus is $50, $25, or $15, the total amount you will have to wager is $750, $375, or $225, respectively.
While the bonus playthrough is still in progress, you will be unable to withdraw either the bonus money itself or any winnings therefrom. However, as soon as the required wagering is completed, as long as the allotted time has not expired, all of this money (or what’s left of it) will be fully available. As always, opting out, attempting to withdraw unavailable funds prematurely, or failure to complete the wagering on time will result in forfeiture of both the bonus dollars and any resulting winnings.
Is the Borgata Online Casino Five Year Anniversary Giveaway worth your time?
Unlike many other online casino prize drawings where only a handful of players win prizes, this one offers 100 prizes. That makes your chances much better. Another nice feature is that both cash and bonus money prizes are included. Also, the latter range from $15 to $50 bonus dollars. The amounts are not so tiny players would regard them as virtually useless, but at the same time not so large as to make the wagering requirements prohibitive.
Although it would be better if the casino would give you more than just one day to complete the 15x bonus wagering requirement (most casinos allow up to seven days to clear a bonus), Borgata is one of the few casinos where all games contribute equally. It is not unusual to encounter a 50x bonus wagering requirement for clearing a bonus with low house edge games like video poker or blackjack, so a 15x bonus wagering requirement for those games is quite reasonable. On the other hand, a 15x bonus wagering requirement is heftier than usual for slots.
In summary, if you have an account at BorgataCasino.com and have time to play both this weekend and Monday, I recommend opting into this promotion. I agree wholeheartedly that the five year anniversary of online casino gambling in New Jersey calls for a celebration, and if you’re one of the 100 winners in the upcoming Borgata drawing, you’ll have even more reason to celebrate.