There are a few bonus offers on the promotions page, and you can easily get spoiled for choice which offer to claim first. The bonuses seem really tempting, but let’s see are there any red flags that may spoil the fun and ruin your bankroll.
$6000 welcome bonus + 150 free spins
The casino greets newcomers with a welcome bonus package for the first three deposits they make:
- First deposit – 300% match deposit bonus of up to $3000 + 50 FS on Mystic Wolf
- Second deposit 200% up to $2000 +50 FS on Ten Times Wins
- Third deposit – 150% up to $1000 + 50 FS on Big Cash Win
The qualifying deposit is $20 for each of the bonuses. There is a 45x wagering requirement you need to clear within 30 days of receiving the bonus. Keep in mind that the max winnings conversion is 10x the deposit amount, but no more than $10,000.
As for the free spins, they are valid for 72 hours after being credited to your account. To release your free spins winnings, you have to clear a 30x wagering. The highest amount you can cash out is $100.
The bonus conditions look pretty standard, but we recommend you to be careful if you are planning to play big, as the higher the deposit is, the more difficult it becomes to beat the bonus wagering.
If we assume your first deposit is $1000, you will receive a $3000 bonus fund and you will have a total of $4000 to play with. To release your bonus funds, you need to play through 45x $4000 = $180,000.
In other words, think twice before claiming the bonuses because you risk damaging your bankroll.
Crypto welcome bonus – 400% up to $4000 + 50 FS
To claim this bonus, you need to make a deposit using a preferred cryptocurrency.
The minimum deposit required is $20. To release your funds, you need to clear a 48x wagering requirement within 30 days after claiming the bonus. Keep in mind that not all games have a 100% contribution to beating the wagering requirement. Some games have a modest 5% contribution, while others, such as live casino games, are entirely excluded from the bonus offer.
When you manage to clear the wagering requirements, you will be allowed to withdraw 10x the deposit amount but no more than $10,000.
The free spins winnings come with 30x wagering attached.
Up to $500 weekly rebate
Essentially, the weekly rebate is the so-called cashback bonus. Every Monday, the casino gives you back 10% up to $500 for losses you had the previous week. To qualify for the bonus, you must have lost at least $500 the previous week.
The rebate bonus comes with a 40x rollover requirement within 7 days. What is worse, the max amount you can cash out after beating the rollover requirement is 5x the bonus amount. All things considered, the rebate bonus terms are not player-friendly at all and it would not be excessive to say that this is the worst bonus offer at Payday casino right now.
Blackjack Mondays 10% cashback
Table games and live casino games are usually excluded from the bonus offers, but this time around, blackjack players can get a 10% cashback up to $100 every Tuesday. To qualify for the bonus, you must have lost at least $100 the previous week.
Slots Happy Hour
If you play the game of the week during the happy hour, you get free spins. The slots happy hour special takes place every Wednesday 5-10 pm ET. The free spins are granted as follows:
- $100+ wagered – 10 free spins
- $150+ wagered – 25 free spins
- $250 wagered – 50 free spins
To release your free spins winnings, you need to clear a 30x rollover requirement within 7 days. The max amount you can cash out is $100. Even if you end up with a higher amount, the remaining amount will be forfeited and you will be paid exactly $100.
Refer a friend bonus
The refer a friend bonus is a rarity now, but at Payday casino you can enjoy unlimited free chip as long as you invite friends to join the casino and they make qualifying deposits. Every time your friends make a deposit, you earn free chip as follows:
- For deposits between $25 and $50 you get $50 free chip
- For deposits between $51 and $100 you get $100 free chip
- For deposits $101+ you get $200 free chip
To get your free chip, your friend must have made an initial deposit of at least $25 and must have rolled over the entire deposit at least once for 30 days.
Once you receive your free chip, you also have to clear a 30x wagering requirement to release your bonus.
It seems that earning free chips is not an easy task. Actually, the bonus terms of all bonus offers at Payday have predatory clauses. The bonuses look tempting, but if you read between the lines, it turns out that transferring these funds into your bank account is next to impossible. Of course, you can do anything as long as you have an unlimited budget, but most of us nurture small bankrolls and would do the impossible to avoid overspending.