Spring Sharepot Weekend at Tropicana Online
Even if the weather outside says otherwise, one of the sure signs of spring is the abundance of special NJ online casino promotions to welcome the start of the new season. If you’re a Tropicana Online Casino player, Spring Sharepot Weekend is yet another great offer you can take advantage of along with the others I have already highlighted on this site.
The Spring Sharepot is a weekend promotion only. So if you wish to participate, you’ll have to hurry. The period for earning entries started Friday, March 22 and continues until 11:59 p.m. Sunday, March 24.
All together there’s $10,000 in Bonus Money up for grabs. The more tickets you earn based on your play, the bigger your share of the Sharepot.
How to participate in the Tropicana Spring Sharepot this weekend
This Tropicana Spring Sharepot works exactly like last month’s Billboard Bonus Sharepot. It’s an easy and fun way to get a guaranteed bonus, with the added suspense of wondering what your bonus will be. You can only guess, but there’s no way to know for sure until the earning period is over and the casino tallies up everybody’s tickets and determines each player’s proportional share of the prize pool.
But first things first. In order to participate, here’s what you need to do:
- Log into your TropicanaCasino.com as often as possible during the March 22-24 promotion period.
- Play your favorite games.
You can’t carry over your play from one day to the next, so each day you play, be sure to wager at least $50. For every $50 wagered on any game on any given calendar day, you will earn one Sharepot ticket, up to a maximum of five if your wagers for the day total $250 or more.
Therefore, if you started your play Friday and play all three days, wagering $250 each day, you will have 15 tickets, which is the maximum number possible. If you start today (Saturday), you can still earn up to 10 tickets.
Determining your bonus
As long as you wager at least $50 on at least one calendar day, you will definitely receive a piece of the Sharepot, so no worries there. But if you wager more than the minimum, you’ll get a bigger share.
On Monday, March 25, Tropicana Online Casino will determine exactly how much bonus money each participant is entitled to by doing all of the following:
- Tallying up the total number of tickets for each player.
- Getting the grand total of tickets for all players combined.
- Getting a percentage of the total for each player by dividing each player’s total number of tickets by the total of tickets for everybody.
- Multiplying each player’s percentage of the total number of tickets by $10,000, which is the total amount of Bonus Money available for distribution in the Sharepot. This will tell the casino how much Bonus Money to give each player.
For example, if you have 10 Sharepot Tickets and all of the participants combined have 4,000 tickets, your percentage of the total is .25%. When you multiply that percentage by $10,000, you get $25. So $25 bonus dollars would be your share of the Sharepot.
When will you get your Bonus Money?
Don’t expect to see the bonus in your account on Monday, March 25. The casino will need that day to perform all of the above calculations. However, barring technical difficulties, you will probably receive your bonus by Tuesday, March 26. At the latest, you will get your bonus in three business days.
Bonus Money Wagering Requirements
All Bonus Money awarded from the Tropicana Spring Sharepot works exactly the same way and is subject to the same terms and conditions as any other bonus awarded to existing TropicanaCasino.com players.
Before you will be permitted to withdraw any bonus related winnings, you need to wager the bonus 1x. Any game is fine and counts 100%. You also have up to 30 days to complete this wagering.
As soon as you do, any resulting winnings are yours to keep, but unfortunately not the bonus itself. Like all other bonuses at TropicanaCasino.com and also at sister online casino VirginCasino.com, it’s sticky, so you won’t be able to withdraw it then or ever. In fact, as soon as you wager the bonus once, win or lose, it disappears from your account permanently.
Tropicana Spring Sharepot Weekend Pros and Cons
Like most other NJ online casino promotions, this one includes some features that are great and others that are not so great. We will mention the various shortcomings first.
Is the Spring Sharepot promotion worth your time? Hard to say
Ordinarily, when the amount of the bonus is a mystery, that’s a positive feature rather than a negative one because it makes participating in the promotion more exciting. But in this case, particularly if most of the other participants have more tickets than you, your bonus could be so small that it’s virtually useless.
You can only bet the bonus once and you can’t keep it either
Neither of these factors is conducive to making much of a profit from betting the bonus, and the two combined are especially detrimental. For this reason, a sticky bonus like this needs to be bigger than a traditional bonus to have a realistic chance for it to be worthwhile.
Tropicana Spring Sharepot great features
If this promotion didn’t also have some offsetting great features, I’d tell you to forget it. But fortunately, that is not the case. Here’s what’s great about the offer.
NJ online casino promotions come in many varieties, but I can’t think of any that are as fair and affordable to all players as a Sharepot. Not only is no deposit required, but the amount of play needed to be eligible for a bonus is so reasonable, it should be within anyone’s budget. You also have the option to play more, if you can afford it, to get a bigger bonus. What can be fairer than that?
In addition, Tropicana is placing a very reasonable cap on the number of tickets per person based on $250 in wagers per day. Even if you wager more than that, you won’t gain any extra advantages. This helps to level the playing field and makes it impossible for a small minority of high rollers to hog virtually the whole Sharepot for themselves.
A Sharepot is fundamentally different from a drawing. In the latter, only a very small number of participants win anything. In a Sharepot, the prizes may be a lot smaller, but nobody walks away empty-handed. Everybody who participates wins a piece of the prize pool.
Last but certainly not least, one of the same factors I mentioned before as a negative–that you can only bet the bonus once–also has a positive aspect to it. Because you can only bet the bonus once, you are doing so with the casino’s money, not your own. In other words, the casino is giving you a free shot to bet the bonus and try to win with it.
In the worst case scenario, you win very little or not at all, so your account balance is where you started before you got the bonus. But you can’t possibly lose your own money betting the bonus.
The bottom line
A $10,000 Sharepot may seem like a lot of money. But keep in mind that it will be divided up among a lot of players, after which you can only keep the winnings and not the bonus itself. Consequently, anything more than a small win from participating in this promotion seems unlikely. On the other hand, you could get lucky and win a lot in your earlier play to earn tickets for the Sharepot.
In any case, anyone looking for a low cost, fun promotion with a guaranteed bonus should check out Spring Sharepot Weekend at Tropicana Online Casino.