Tropicana Online Casino Season’s Sharepot
This is the season for celebrating–and also for sharing. So the timing for this week’s aptly named Season’s Sharepot at Tropicana Online Casino couldn’t be better. All together there’s a whopping $10,000 in Bonus Money up for grabs. That’s plenty to go around for lots of players.
Even better news is that this is a promotion any player can afford. As long as you wager a minimum of $50 on at least one day of the promotion, you are guaranteed to get a share of the Sharepot. No walking away empty handed from this promotion!
However, the more you play (up to a point), the more tickets you earn and the bigger your share will be. This puts you in the driver’s street.
How to Participate in the Tropicana Online Casino Seaon’s Sharepot
This promotion is open to any registered player at Tropicana Online Casino. Sharepots are a regular feature on both TropicanaCasino.com and sister NJ online casino VirginCasino.com. So if you have been playing on either of these NJ gambling websites for a while, you have probably participated in multiple other Sharepots and know how they work. In fact, virtually everything about the current Season’s Sharepot except the name is identical to last month’s Sweater Weather Sharepot.
The period for earning earning Sharepot tickets runs from Monday, December 17 through Thursday, December 20. Then, Friday, December 21, just in time for Christmas, TropicanaCasino.com will determine each participant’s share of the Sharepot. 24 hours later the money will be in your account!
Participating couldn’t be easier. Simply log into your TropicanaCasino.com account anytime during the promotion period, but the sooner the better, and play your favorite games.
No deposit is required. However, if your account balance is very low, making a deposit would probably be a good idea.
How to Earn Tickets for the Sharepot
The minimum wager that will earn you a ticket that will entitle you to a piece of the pie is $50. However, as long as you can afford to wager more, you should to get a bigger piece of the pie.
For every $50 wagered on any given calendar day during the promotion, you earn one Sharepot ticket, up to a maximum of five tickets per day if you wager $250 or more.
Therefore, the maximum number of tickets possible is 20. In order to earn this many tickets, one would have to opt in on Monday, the first day of the promotion, and wager $250 or more every day through Thursday.
However if you’re unable to complete that much play, don’t worry about it. Simply play as many days as you can and wager what you can afford. As long as it’s at least $50 on at least one day, you will get a piece of the Sharepot.
Determining Your Share of the Sharepot
The total size of the prize pool is already set. It’s $10,000 in Bonus Money, and that amount is fixed, regardless of the total number of Sharepot participants and tickets. However, the total number of participants and the number of tickets earned by each individual and by everybody combined will remain unknown until the promotion period is over. So until then, how exactly the Sharepot will be divided up is anyone’s guess.
It will take some complicated math to determine what each player gets. But don’t worry because the casino will handle it quickly, efficiently, and perfectly. In case you’re curious, here is a summary of the steps entailed in the process.
- The casino will add up the total number of tickets earned by each player to get the total number of tickets earned by all players combined.
- Then, to get the percentage of the total number of tickets earned by each player, that player’s number of tickets is divided by the total number of tickets earned by all of the players.
- Each of these percentages is then multiplied by the total Sharepot amount of $10,000. The resulting figure is the amount of Bonus Money the player will receive.
For example, if the number of Sharepot tickets you have is 10 and the total number of tickets earned by all of the participants combined is 4,000, your percentage of the Sharepot is .0025. That percentage is multiplied by $10,000 to determine what part of the $10,000 in Bonus Money will go to you. In this case it is $25.
When You Will Get Your Bonus Money Prize
Barring any technical difficulties, which could delay payment up to three business days, all players who are entitled to a share of the Tropicana Online Casino Season’s Sharepot can expect to receive it by Saturday, December 22.
Wagering Requirements for the Bonus Money
All Sharepot prizes given out in this promotion are in the form of Bonus Money added to your account. As such, they are subject to the same wagering requirements and other terms and conditions as all other Bonus Money awarded to Tropicana Online Casino players.
All you have to do is wager the Bonus Money 1x on any game of your choosing. You have up to 30 days to do so. However, in all probability, since the wagering requirements are so minimal, you will finish much sooner.. As soon as you do, you will be able to withdraw any resulting winnings.
Unfortunately, the same cannot be said about the bonus. Like all other TropicanaCasino.com (and VirginCasino.com) bonuses, this one is sticky. As soon as you wager it once, win or lose, the casino takes it back. You never see it again.
Is the Tropicana Online Casino Season’s Sharepot worth your time?
Like most NJ online casino promotions, this one has some features that are great and others that are not so great.
What could be better
This applies to all of the bonuses that Tropicana Online Casino players receive. When you wager the bonus, you can only keep the winnings and not the bonus itself. Therefore, you would need a bigger amount than if the bonus were cashable to have a realistic chance for a profit. In addition, you can only wager the bonus once. This further limits your potential for turning this money into a decent size win since you can’t capitalize on a winning streak.
Features that make this promotion great
These are the offsetting great features of this promotion.
Reasonable entry requirements almost anyone can afford
One similarity between this Sharepot at Tropicana Online Casino and many online casino drawings is the option to earn additional entries based on play. However, in this case, the maximum number of tickets any one player can have is five per day based on $250 in wagers. This very reasonable cap on the number of entries helps level the playing field and makes it a fairer deal for everyone.
Naturally, some players have no problem wagering many times $250 per day, which they would no doubt do if the number of entries per person was unlimited. That would entitle them to the lion’s share of the prize pool, leaving everyone else with crumbs. But you don’t have to worry about that.
You also don’t have to worry about the luck of the draw possibly robbing players with a lot of entries from getting what they feel is their fair share. In a random drawing, it is entirely possible for players with only a few entries to win a top prize and players with the most entries to win no prize at all. However, in a Sharepot such as this, the size of your prize is based solely on the amount you played compared to other participants.
Even if you’re only entitled to a very small percentage of the Sharepot, with a $10,000 prize pool, your bonus might be considerably larger than you think.
While the sticky bonus feature makes winning a huge amount of money highly unlikely, the flip side is that you can’t possibly lose. For starters, anyone who participates, even if it is with just one Sharepot ticket, is guaranteed to get a piece of the Sharepot. In this respect, the Season’s Sharepot at Tropicana Online Casino is completely different from a drawing. In most drawings, only a few participants win any prize and everybody else walks away empty-handed. No one walks away empty- handed in a Sharepot.
Furthermore, since you only have to wager the bonus once, the wager is completely risk free The worst that can possibly happen is you lose the casino’s money. So you wind up with the same amount of money in your account that you had before you got the bonus. On the other hand, you could win.
The Bottom Line
As long as you are going to be playing at Tropicana Online Casino this week anyway, you should definitely take advantage of the Season’s Sharepot and gladly take whatever share of the prize pool you have coming to you. Once the four-day ticket earning period is over, there’s zero risk of losing. But with a little luck, the outcome might be a lot better. This could be the holiday season when your winnings really give you something to celebrate.