Golden Nugget Speedway Challenge
Here is a new offer from Golden Nugget Online Casino that you can take advantage of this weekend. This deposit match bonus is nowhere near as spectacular as the one simultaneously being offered by Caesars Online Casino. However, contrary to what you might think from the name this casino has given this promotion, Golden Nugget Speedway is not a race, but a solid offer you should opt into if you are a GoldenNuggetCasino.com player.
An important enhancing feature of the offer is that you can customize it to fit your budget and playing preferences. In other words, you can pick your bonus.
How the Golden Nugget Speedway Challenge Works
This promotion started on Friday, August 11 and continues through 11: 59 p.m. Sunday, August 13. Any day during the three day promotional period that works for you, log into your account at GoldenNuggetCasino.com. Then pick one of the following two offers:
Make a deposit of $20 or more and receive a 25% bonus up to $75.
Make a deposit of $20 or more and receive a 50% bonus up to $25.
Note that you can only claim this offer once. In addition, once you pick which of the two bonuses you want, you cannot change your mind and opt into the other one instead.
How to Decide Which Bonus is Better
Decisions, decisions. However, the math to determine which bonus is the better of the two is actually quite simple.
If you will be depositing less than $100, take the 50% bonus. If you will be depositing more than $100, take the 25% bonus. If your deposit will be exactly $100, it makes no difference. Either way, your bonus will be exactly $25.
On the other hand, where it really starts to matter significantly which bonus you select is with larger deposits. It will take a minimum deposit of $300 to receive the maximum 25% deposit match bonus of $75. However, if you deposit $300 and opt into the 50% bonus by mistake, you will lose out on $50 extra bonus money that could be yours. That’s because, even if you deposit a lot more than $100, the 50% bonus is still capped at only $25.
Golden Nugget Speedway Wagering Requirements
Both bonuses come with the same wagering requirements, which are as follows:
Slots: 10x bonus
All Other Games: 50x bonus
The reason why the amount you have to wager is so much greater for games other than slots is that video poker and table games only contribute 20% towards satisfying the wagering requirements, whereas slots contribute the full 100%. This means in effect that if you deposit $300 and thereby qualify for the maximum bonus of $75, your total wagering requirements would be only $750 for slots, but a rather steep $3,750 for other casino games. The wagering requirements for players receiving a $25 bonus would be one-third of those amounts: $250 for slots or $1,250 for any game other than slots.
While the playthrough of the bonus is in progress, not only the bonus itself, but also the deposit tied to the bonus and any resulting winnings, won’t be available for withdrawal. Furthermore, in meeting the wagering requirements, the player’s own deposited money is used first and then the bonus money. You have up to seven days to complete the wagering requirements. Otherwise, the bonus and any winnings therefrom will be forfeited.
Should You Accept the Golden Nugget Speedway Challenge?
If you’re a Golden Nugget Online Casino player, by all means sign up for this weekend’s Golden Nugget Speedway Challenge. The deposit requirements are minimal and the terms and conditions reasonable enough, so even if you’re a small player, this is an offer that should work for you.
However, if you choose a game other than slots for all or part of your wagering, be mindful of the increased wagering requirements. You are under no obligation to complete them the same day you receive the bonus. Take advantage of the extended time of one week that the casino is giving you.