VegasKings Casino Welcome Offer Bonus Breakdown
Let’s take an in-depth look at the VegasKings Casino Welcome Offer offered in Canada. We will go through the conditions and requirements and explain what new players can expect from this bonus. We also compare it to other bonuses and list the pros and cons. The bonus does not apply to Ontario residents.
Last updated on August 4th, 2022
$1,000 Welcome Bonus + 200 Free Spins
Vegas Kings Review
Vegas Kings Casino is a relatively new casino with an excellent VIP Program and a good welcome bonus for new Canadian players. They have a wide selection of games with very good mobile support.
Min Deposit: $10
500+ Online Slots
75+ Live Dealer Games
Min Deposit: $10
500+ Online Slots
75+ Live Dealer Games
About the VegasKings Casino Welcome Offer
The bonus breakdown takes an in-depth look at different casino bonuses and explains how they work.
Today we will be looking at the Vegas Kings Casino and their online casino welcome package. Like we say on each Bonus Breakdown the best way to really understand a bonus is to look at the terms and conditions.
So, let’s Dive Right In.
The Vegas Kings Casino welcome package is advertised as a $1,000 bonus plus 200 free spins. You will also get one month of VIP status if you deposit at least $1,000 in total when you take up the offer.
Let’s look at each element of this bonus specifically.
First Deposit Bonus
First of all, it’s important to note that you’ll need to select the offer inside your VegasKings casino account. You must then make a minimum deposit of at least $20 to receive the bonus.
The $1,000 deposit bonus is split among the first 3 deposits.
The first deposit bonus is a 100% match up to $400.
We’ve explained this a few times already but just to clarify this means that Vegas Kings Casino will match your deposit amount up to $400. If you deposit the full amount of $400 in real money, they will give you $400 of bonus money. This means that your entire bankroll will be equal to $800.
Casino Welcome Offer
You will also get 200 free spins but those will only be valid on one slot game: Big Bass Bonanza.
The free spins will be awarded as 40 free spins as soon as you get the bonus, then you will get 20 free spins per day for 8 days. The spins are worth 10 cents each which is the minimum bet on that specific game. If you get any winnings from the free spins, they will be awarded as bonus money and will have 40 times wagering apply to them.
The bonus money also has 40x wagering.
VegaKings Wagering Requirements and Bonus Limitations
However, there is a big caveat here. The full wagering amount is the sum of the deposit amount plus the bonus amount times 40.
This means if you deposit $400 and get a $400 bonus your wagering will be calculated as $800 x 40. You would need to wager $32,000 before the bonus and any winnings are converted into real cash and can be withdrawn. This is an exorbitant amount of wagering in our opinion.
Not only that, but Vegas Kings Casino also caps the amount of winnings that can be converted from a bonus. The cap is calculated as 5 times your bonus amount. To continue with the same example of a $400 bonus, that means the maximum amount that you can convert into real cash is $400 x 5. This works out to $2,000. Any winnings above this amount are automatically voided.
To summarize, you would need to wager $32,000 for a potential $2000 win. This does not seem very interesting to us.
All wagering must be completed within 7-days. There are certain slot games which do not contribute to wagering. You also cannot make any withdrawals while wagering or else your bonus will be voided.
Second and Third Deposit Bonuses
The second deposit bonus is also a 100% match up to $200. It has the same terms and conditions as the first deposit when it comes to wagering and limitations.
The third deposit bonus is a 200% match up to $400. Again, the same terms and conditions apply when it comes to wagering and limitations.
Is this Bonus worth it?
It really depends on what you expect from a bonus.
If you want to extend your gameplay possibilities and increase your bankroll, then this is an enticing bonus.
If you’re more interested in trying to get big wins and convert them into cash, then this is probably not going to happen with this bonus.
How to Claim the VegasKings Casino Welcome Offer
Once you register at VegasKings Casino you need to enter your VegasKings Casino account page and choose the casino welcome offer on your account page. Then you must make the first deposit of at least $20 and then the bonus will be active in your account. When you finish your registration all you need to do is make your first deposit and the bonus funds will be added to your bonus wallet.
VegasKings Casino Welcome Offer Pros and Cons
After going through all the important terms and conditions associated with the VegasKings Casino Welcome Offer in Canada here are the most important positive and negative aspects of the bonus.
The 200 Free Spins are on one of the most popular games at the moment
The wager requirements are too high
Any bonus winnings are capped
VegasKings Casino Bonus Final Words
Those are all the main terms related to the VegasKings Casino bonus.
Taking all of this into consideration, we would rate this bonus a 5 out of 10 because the wagering requirements are just too high and capping the winnings means that there is not really much of an incentive to use this bonus other than to extend your game playtime.
Many casinos are now writing that bonuses are just for ‘entertainment’ purposes, and this bonus really embodies that ideal.
For more bonus options, check out our Casino Bonuses in Canada page.
Learn more about VegasKings Casino in Canada by reading our VegasKings Casino Review.
VegasKings Casino Welcome Offer FAQ
Here is a selection of the most common questions regarding the VegasKings Casino Welcome Bonus in Canada.
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