Crack the Vault Golden Nugget Giveaway

The first weekend of spring seems like a perfect excuse for another grand scale Golden Nugget Giveaway. By grand scale, I mean exactly that. This time the object is to “crack the vault.” With $20,000 in bonus money up for grabs and 1,000 winners sharing the bounty, there are plenty of prizes to go around.

Not all of the prizes are big, but some of them are huge. Ten of the prizes are for a $250 bonus or more, and the top prize is $5,000 bonus dollars!

So if you’re a NJ online casino player with an account at Golden Nugget Online Casino, it’s a giveaway definitely worth playing for.

How to participate in the Crack the Vault Golden Nugget Giveaway

The period for earning entries into the Crack the Vault Weekend Giveaway started Friday, March 22 and continues until 11:59 p.m. Sunday, March 24. Here’s what you need to do if you wish to participate.

  • Log into your GoldenNuggetCasino.com account during the March 22-24 promotion period.
  • Go to Available Bonuses and opt into the Crack the Vault Weekend Giveaway.
  • Start playing!

You don’t necessarily have to play every day this weekend, but it would definitely be to your advantage to play as much as you can and as often as you can.

For every $100 you wager during the promotion period, you will earn one entry into the drawing. However, keep in mind that “weighted wagering applies.” Furthermore, sports bets don’t count at all.

What you can win the Crack the Vault Giveaway

As mentioned above, 1,000 players will win a prize in this giveaway.  The winners will be selected in a random drawing including all eligible entries. All prizes are in the form of bonus dollars added to your account. No player can win more than one prize. The following table shows how the various prizes will be distributed.

 

Place Prize
1st Place $5,000 Bonus
2nd to 3rd $1,000 Bonus
4th to 10th $250 Bonus
11th to 25th $50 Bonus
26th to 100th $20 Bonus
101st to 1000th $10 Bonus

 

All winners will be notified by 5 p.m. Tuesday, March 26.

Don’t overbet your bankroll just to earn entries

As you will see, while there are some big prizes, the overwhelming majority of the prizes are small. So even though the more entries you have, the better your chances, what is most important is that you limit your wagers to what you can comfortably afford.

Since there will be 1,000 winners, you have an excellent chance of having your name drawn even if you don’t have a ton of entries. Also, in a random drawing like this, anything can happen. So don’t worry about the other players who have more entries than you. The luck of the draw can still work in your favor.

Wagering requirements for the bonus

If you’re one of the 1,000 prize winners, you would probably love to be able to withdraw the money immediately, especially if it’s for a big amount. But you won’t be able to until you meet the casino’s wagering requirements. Depending on your game choice, here is the amount you will need to wager:

  • Most slots: 1x bonus
  • Excluded slots*: 5x bonus
  • All other casino games: 4x bonus

*If you’re a slot player, there may not be any better place to clear a bonus playing your favorite slot games than Golden Nugget Online Casino. As of this writing, you have your pick of 541 slots. And the best news of all is that all but 21 of these slots count 100% towards clearing the bonus.

However, there are 21 slots in the bunch that only count 20% towards clearing the bonus. Therefore, if you select any of those games, instead of facing a wagering requirement of just 1x the bonus, the wagering requirement jumps to 5x the bonus.

You will find the complete list of these 21 “excluded” slots on the casino website. They were probably singled out because of their higher than average return to player (RTP). However, every slot on GoldenNuggetCasino.com includes an information tab. So you can easily find other high returning slots that count 100% towards clearing the bonus. Choose from those and wait until you don’t have a bonus to clear to play an excluded slot.

Video poker and table games count 25%

I mistakenly reported in some previous posts that these games also counted only 20% towards clearing the bonus. However, they actually count 25%. Therefore, if you choose to clear the bonus with one of these games, you will need to wager the bonus 4x.

Sports bets do not count at all towards clearing the bonus.

Other important terms and conditions

Regardless of the size of your bonus, you have up to seven days to complete the necessary wagering. During the time this wagering is in progress, both the bonus money itself and any additional winnings from wagering it will remain temporarily locked into your account. However, if you have other funds in your cashable wallet unrelated to the bonus, you are free to withdraw that money if you so desire.

As soon as you complete the necessary wagering, provided you do so in time, you will have access to the other money (or whatever is left of it) also. However, opting out, attempting to withdraw unavailable funds prematurely, or letting the bonus expire before you complete the wagering will cause you to forfeit both the bonus and any resulting winnings.

Is the Golden Nugget Crack the Vault Weekend Giveaway worth your time?

Those of you who participated in last month’s Red Carpet Giveaway at Golden Nugget Online Casino will recognize that this weekend’s Crack the Vault Giveaway is identical in every respect except the name. The prize pool is once again $20,000, with 1,000 chances to win.

All of the prizes are in the form of bonus money rather than cash. They cover a very wide range–all the way from a measly $10 to an extraordinary $5,000.

Depending on which games you decide to play to clear the bonus, your wagering requirements will be 1x, 4x, or 5x the bonus, You have up to seven days to complete this wagering.

On first glance, this promotion–offering 1,000 prizes, including a top prize of $5,000 bonus dollars–sounds great. However, like most other NJ online casino promotions, it has some features that are not so great. So I need to point those out, too.

How this giveaway could be better

  • Too many tiny bonuses

900 of the 1,000 bonus dollars prizes are in the amount of only $10, and another 75 prizes are in the amount of $20. Even $20 is a very small size bonus to try to build into any kind of meaningful win, while $10 is almost a complete waste of time. Considering the fact, that you may be wagering hundreds of dollars this weekend just to earn entries for the drawing, the likely meager return is disappointing. The bottom prize should be at least $20.

  • Place a limit on the number of entries per person

Since the description of the giveaway on the Golden Nugget website makes no mention of any limit to the number of entries per person, one can assume that none exists. Allowing an unlimited number of entries basically allows those players who can afford to bet thousands of dollars per day to do exactly that and penalize everyone else.

I am not against allowing players who bet more money to earn more entries. But placing a reasonable cap on the number of entries per day per person will give all players a fairer chance to win.

Why this is still a very good offer

Despite the above shortcomings, which I am no way trying to minimize, this promotion has more than enough great things going for it to warrant your participation.

  • 1,000 ways to win

This is not your average drawing where only a handful of people win anything and the overwhelming majority of participants walk away empty-handed. The fact that 1,000 prizes will be given away makes your chances excellent, even if you don’t have a lot of entries.

  • No deposit required

As long as you have enough money in your account to cover the wagering you want to do this weekend, there is no need to make a deposit to participate in this promotion.

  • Potentially no-risk bonus

Most bonuses at GoldenNuggetCasino.com carry wagering requirements of 10x the bonus for slots that count 100%, 40x the bonus for non-slot play, and 50x the bonus for excluded slots. However, the wagering requirements for the three types of games, respectively, for bonuses awarded in this promotion are only 1x, 4x, or 5x the bonus.

So clearing the bonus, even if you’re lucky enough to get a big one, should be no problem at all. And if you pick any of the more than 500 slot games that count 100%, you won’t have to risk another cent of your own money.

  • Up to seven days to clear the bonus

If you receive a small bonus like $10 or $20, you won’t need a whole week to clear it. You can probably complete the tiny wagering requirement in just one day.

But if you’re lucky enough to snag a big bonus, it’s reassuring to know you can take your time.

The bottom line

In conclusion, if Golden Nugget Online Casino is a site you enjoy and you have time to play there this weekend, I recommend you opt into this $20,000 giveaway. With 1,000 chances to win, even if you’re not a big player, it’s worth a shot. If you’re extra lucky, you might even crack the vault and win one of the top prizes.

 

 

 

 

 

 

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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