- Wagering
- 40× deposit + bonus
- Max withdrawal
- 20× deposit amount
- Min deposit
- $20
- Bonus expiry
- 30 days of no activity
Midas Casino Welcome Bonus: How The Golden Welcome Works
The Midas Casino Welcome Bonus is called The Golden Welcome. It can add up to $3,000 in bonus funds plus 150 Free Spins across your first three deposits, with a $20 minimum deposit and a 40× wagering requirement on the deposit and bonus combined.
The Golden Welcome: what you receive across three deposits
The Golden Welcome is a three-deposit package for Midas Casino Online. The total headline value is $3,000 plus 150 Free Spins. The package uses the code GOLD150, and the same code applies to deposits 1, 2 and 3.
| Deposit | Bonus and spins | Key condition |
|---|---|---|
| 1 | 150% bonus up to $1,000 plus 50 Free Spins on Cash Bandits 3 | Minimum deposit $20 |
| 2 | Part of the remaining $2,000 bonus and Free Spins | Enter GOLD150 at the cashier |
| 3 | The balance of the remaining $2,000 bonus and Free Spins | Enter GOLD150 at the cashier |
The first deposit is the clearest part: a $20 deposit qualifies for the minimum entry, while a deposit of about $666.67 would reach the $1,000 bonus ceiling at 150%. The later deposits complete the package, with the remaining bonus funds and spins distributed across them.
The package is play-only
All bonuses in The Golden Welcome are non-redeemable play-only bonuses. Your real-money deposit is used for bets first. Bonus funds only become active after the deposit balance reaches $0.
How to claim the welcome offer without missing a step
You need to apply the offer through the cashier when making each qualifying deposit. It is worth checking the code before confirming the transaction, honestly, this is the part most people skip.
- Choose your first depositMake a deposit of at least $20. The general maximum deposit is $500, while payment-specific limits can also apply.
- Enter the offer codeUse GOLD150 in the cashier for the first deposit. The first stage provides the 150% bonus up to $1,000 and 50 Free Spins on Cash Bandits 3.
- Complete the first stageUse the account with the deposit funds first. The bonus balance is used only once the deposit balance has reached $0.
- Make deposits two and threeUse GOLD150 again at the cashier for the next two qualifying deposits. These deposits distribute the rest of the $3,000 package and the remaining spins.
- Finish the wagering requirementComplete the required wagering before requesting a withdrawal. A withdrawal request made before the requirement is complete may void the bonus and winnings.
The welcome package is limited to one per household and/or one per account. Midas Casino also permits only one active casino account per household. Second accounts may be closed, with bonuses and winnings cancelled.
The 40× wagering rule, shown with real numbers
The Golden Welcome has a wagering requirement of 40× the deposit amount plus the bonus amount. Both parts matter. You do not multiply only the bonus, and you do not multiply only the deposit.
| Deposit | Bonus | Wagering calculation | Total to wager |
|---|---|---|---|
| $20 | $30 | 40 × ($20 + $30) | $2,000 |
| $100 | $150 | 40 × ($100 + $150) | $10,000 |
| $500 | $750 | 40 × ($500 + $750) | $50,000 |
For example, a $100 first deposit creates a $150 bonus. The qualifying amount is therefore $250, and 40 times that amount is $10,000 in wagering. This is turnover, not a fee: the same stake can count each time it is placed on an eligible game.
A withdrawal can affect the bonus
The wagering requirement must be completed before any withdrawal. Requesting a withdrawal early may void the bonus and its winnings, so check your progress before sending the request.
Which games count towards the welcome wagering?
Game contribution determines how quickly your bets count. Slots and other games contribute 100%, while table games, card games and video poker contribute 10%.
| Game category | Contribution | What that means |
|---|---|---|
| Slots | 100% | A $10 qualifying bet adds $10 to wagering turnover |
| Other games | 100% | A $10 qualifying bet adds $10 to wagering turnover |
| Table games | 10% | A $10 bet adds $1 to wagering turnover |
| Card games | 10% | A $10 bet adds $1 to wagering turnover |
| Video Poker | 10% | A $10 bet adds $1 to wagering turnover |
That makes the choice of game important. If you wager $100 on slots, $100 counts. If you wager $100 on a table game, $10 counts. Midas Casino offers more than 300 games, including slots, live tables, video poker, crash games, jackpot games and keno, so check the contribution category before settling into a session.
Slots are available through browser instant play and a downloadable client. Some slots also have a free-play demo mode, which can help you get familiar with the layout before playing for real money. Games Online are presented across several categories, including titles from Real Time Gaming and other providers.
The welcome withdrawal cap and the expiry rule
The Golden Welcome has a maximum withdrawal of 20× the deposit amount. This cap applies to the welcome package, so it is separate from the general weekly withdrawal limits attached to player status.
| Deposit amount | 20× calculation | Maximum withdrawal |
|---|---|---|
| $20 | 20 × $20 | $400 |
| $100 | 20 × $100 | $2,000 |
| $500 | 20 × $500 | $10,000 |
The bonus funds expire after 30 days of nil activity. Keeping the account active matters if you are working through the wagering requirement. A player balance can also be removed after 180 days with no further deposit.
Before withdrawing, complete the wagering and provide the required identification information. The payment name must match the name registered on the account. If identification is not supplied within six months of notification, the account may be closed.
Payment limits to keep in mind before depositing
The general minimum deposit is $20 or €20, and the general maximum deposit is $500 or €500. The available cashier methods include Visa, Mastercard, Skrill, Neteller, eZeeWallet, Apple Pay, Google Pay, bank transfer, Bitcoin, Ethereum, Litecoin and other options.
| Method | Deposit detail | Withdrawal detail |
|---|---|---|
| Visa | Instant; minimum $20; maximum $100 | Bank Wire if the method does not support withdrawals |
| Bitcoin, Ethereum or Litecoin | Instant; minimum $20 | Minimum $100; $30 fee |
| Bank Wire | Withdrawal only | Minimum $100; $40 fee |
| Skrill, Neteller or Ecopayz | Minimum €20 | Minimum €50 |
| eZeeWallet | Minimum $20 | E-wallet withdrawals process instantly |
E-wallet withdrawals process instantly, while bank card and transfer withdrawals can take up to three days. The general payout time is two days. Weekly withdrawal limits are $2,000 for Silver players and up to $4,000 for VIP players.
Other Midas Casino promotions after the welcome package
The welcome package is the main introductory offer, but Midas Casino also runs recurring promotions. The Hot Game promotion offers a 50% bonus up to $1,000 and 55 Free Spins on Cash Bandits 3, with a 30× deposit-plus-bonus wagering rule and availability twice per day.
Other offers include the Master Game promotion, Royal Lounge bonuses, a 100% eZeeWallet bonus up to $500, a 200% first mobile-deposit bonus, Tuesday Reload and 48 Hour Weekend Madness. The Spin of the Week promotion offers 30, 50 or 100 spins on Treasure Sparks for deposits of $20, $30 or $50, respectively, and adds double Comp Points on the featured slot.
Pick one offer before you deposit
Several promotions use their own terms and codes. Read the qualifying deposit, wagering calculation and any withdrawal cap for the specific offer you intend to use before confirming the deposit.
The Royal Lounge unlocks after three total deposits and includes a one-time Deluxe Package. Its benefits include Royal Card offers every Thursday and Friday, while VIP Club tiers add loyalty point increases and faster withdrawal processing.
A practical checklist before you claim
- Confirm that you are over 18, or above the applicable age of majority in your jurisdiction, whichever is greater.
- Use only one active casino account and make sure no other account in your household is claiming the package.
- Prepare a deposit of at least $20 and check the payment method's own limit.
- Enter GOLD150 at the cashier for the first deposit, then use it again for deposits two and three.
- Remember that the first deposit is wagered before bonus funds become active.
- Choose games with the contribution rate in mind: slots and other games count at 100%, while table, card and video poker games count at 10%.
- Track the 40× deposit-plus-bonus requirement before requesting a withdrawal.
- Keep the 20× deposit maximum withdrawal in mind.
- Stay active, because bonus funds expire after 30 days of nil activity.
- Complete identification when requested and ensure your payment name matches your account name.
Responsible gambling tools include deposit limits, time limits and self-exclusion. Treat the bonus as entertainment rather than a way to recover losses, and only deposit money you can afford to spend.
FAQ
Welcome Bonus questions
What is included in the Midas Casino welcome bonus?
The Golden Welcome offers up to $3,000 in bonus funds plus 150 Free Spins across the first three deposits. The first deposit provides 150% up to $1,000 and 50 spins on Cash Bandits 3.
What is the minimum deposit for The Golden Welcome?
The minimum single deposit is $20. The general maximum deposit is $500, although individual payment methods can have their own limits.
How is the welcome wagering requirement calculated?
It is 40× the deposit amount plus the bonus amount. A $100 deposit with a $150 bonus creates a $250 qualifying amount, making the wagering total $10,000.
Which games contribute most to the wagering requirement?
Slots and other games contribute 100%. Table games, card games and video poker contribute 10%.
Can I withdraw before completing the wagering requirement?
The wagering requirement must be completed before a withdrawal. Requesting one early may void the bonus and its winnings.
What is the welcome bonus withdrawal limit?
The maximum withdrawal for the welcome package is 20× the deposit amount. This is separate from the weekly withdrawal limits for Silver and VIP players.
When do the welcome bonus funds expire?
Bonus funds expire after 30 days of nil activity. Keeping the account active while completing the requirements helps you avoid this expiry.
Can I claim the welcome package more than once?
The package is limited to one per household and/or per account. Midas Casino permits only one active casino account, and second accounts may be closed.
What identification is needed before a withdrawal?
Identification information must be provided when requested. The payment name must match the registered account name, and the account may be closed if identification is not supplied within six months of notification.
Does Midas Casino work on mobile?
Yes. The mobile website works through browsers on iPhone, Android, BlackBerry and Windows Phone devices. There is no dedicated iOS or Android app.