Casino Midas offers a number of different bonuses for new players. If you play mostly slots, you can take the largest bonus which is a 100% match of your funds up to €/$3,333 taken in increments. Another bonus is 200% up to €/$500, where I was able to play any of the games offered. Make sure you read all of the terms and conditions that accompany any bonus or promotions. Online casinos offer these to entice players, but the requirements can be confusing.
Currently, the main Welcome Bonus is for players making their first, second and third deposits. The minimum single deposit is €/$20. You can also click “Cancel Bonus” in the redeem coupon section of the cashier if you don’t want to be bound by any bonus requirements.
All bonuses are non-redeemable (sometimes called “sticky bonuses”). They are deposited immediately for you to use, but can never be cashed-out. Any winnings from their use are yours to keep, after meeting the rollover requirements. In this case, you must play your deposit and bonus 25-times to qualify. That means if you deposit €/$100 and get €/$200 in bonus play, you’ll have to play 25-times €/$300 for a total of €/$7500 in action. Slots and Keno count at 100%, but card games count only 25% and video poker is just 10%
For roulette players, the rate is 50%, so you’ll have to play twice as much, or €/$15,000 from the example above. If you are playing a continuous system like the d’Alembert or the Wells Pendulum, you’ll be in good shape, as your total wagers will add up quickly. You’ll also be able to use many other roulette systems, but the Martingale and Grand Martingale may be problematic.
With the Martingale you will be investing increasing amounts on even-money only wagers, and the casino may consider this to be a way of circumventing their play requirements, even if you have met all the rules. You should inquire with Support if you wish to continue with this system – or risk being disappointed.
Bonus funds will expire after 30 days of no activity on your account.
A nice thing about Casino Midas is that they award complimentary points (money) into your account based on your play. For every €/$10 in wagers that you make, you receive 1 comp point. When you have accumulated 500 points they will deposit €/$5 back into your account! The Slots Special Club awards double the points for play.
In addition, after you have accumulated more than 3,000 points, your exchange rate goes to 9 points for €/$1. At 20,000 points it drops to 8 points per unit.