Registration Guide – Claim Bonus & Calculate Wagering

Posted on October 19, 2017 by ame in Uncategorized

Setting up an account at an online casino is quick, but knowing exactly what to expect at each step saves time and frustration. This guide walks you through the entire process, from gathering documents to claiming your first bonus and understanding wagering requirements.

Getting Ready

Valid email address and phone number
Government-issued ID (passport, driver’s license, or national ID card)
Proof of address (utility bill or bank statement dated within 3 months)
Payment method (credit/debit card, e-wallet, or bank transfer)
Stable internet connection and a modern browser

Step-by-Step Sign-Up

Visit the official website of Spinbit app.
Click the “Sign Up” or “Register” button.
Fill in your personal details (name, date of birth, address).
Create a username and strong password.
Select your preferred currency.
Enter any bonus code if applicable.
Agree to the terms and conditions.
Verify your email address by clicking the link sent.
Complete identity verification (KYC) by uploading documents.
Make your first deposit to activate the bonus.

Wagering Calculation

Understanding wagering requirements is crucial. Let’s assume you deposit $100 and receive a 100% match bonus up to $200. The wagering requirement is 35 times the bonus plus deposit amount. Here’s the calculation:

Total wagering required = (Deposit + Bonus) × WR multiplier
Total wagering required = ($100 + $100) × 35 = $200 × 35 = $7,000

If you play only slots (which contribute 100%), you need to wager $7,000. With an average slot RTP of 96%, the expected loss is $7,000 × (1 – 0.96) = $280. Starting with $200, you’ll likely exhaust your balance before meeting the requirement. The formula for expected winnings after wagering is: (Deposit + Bonus) × (1 – (1 – RTP) × WR multiplier) but it’s easier to use the expected loss approach.

can help visualize these numbers.

Money In, Money Out

Here are common payment methods and their details:

Method	Min Deposit	Max Deposit	Processing Time	Fees
Visa/Mastercard	$20	$5,000	Instant	None
Skrill	$10	$10,000	Instant	None
Neteller	$10	$10,000	Instant	None
Bank Transfer	$50	$50,000	3-5 business days	May apply

Withdrawals to e-wallets typically take 24-48 hours, cards 3-5 days, and bank transfers 5-7 days. Always complete KYC before requesting a withdrawal to avoid delays.

Licence & Player Protection

The casino operates under a Curacao eGaming license, ensuring compliance with basic security standards. Important: Winnings from Curacao-licensed casinos may be subject to local income tax, unlike MGA or locally licensed platforms. The site uses SSL encryption to protect your data. Responsible gambling tools like deposit limits and self-exclusion are available.

Fix It Fast

Cannot log in: Use the password reset option via email.
Bonus not credited: Contact support with a screenshot showing the deposit and bonus terms.
Withdrawal pending: Ensure all KYC documents are approved; otherwise, submit them.
Game not loading: Clear your browser cache or try a different browser.
Payment declined: Check your card limits or try an alternative method like Skrill.

Insider Advice

To maximize your chances, choose games with the highest RTP. Slots with RTP above 97% (like Starburst or Blood Suckers) are favorable, while those below 95% should be avoided. Table games like blackjack (with optimal strategy) offer RTP above 99%. Video poker also provides high returns. Avoid keno and scratch cards, as they typically have lower RTP. Additionally, check bonus terms to see which games contribute 100% to wagering – often only slots do.