Sunday, February 24 is Oscar Night, and to honor the occasion, Golden Nugget Online Casino is holding a massive Red Carpet Giveaway.
Out of all of the NJ gambling websites, Golden Nugget is one you know you can count on to celebrate big events with over the top promotions. So, of course, Oscar weekend, featuring one of the most prestigious award shows of the year, is no different.
After all, why should celebrities have all the fun? At Golden Nugget, you can experience red carpet treatment without being a movie star or a big shot in the entertainment world.
All you have to do is show your interest by opting in and playing your favorite online casino games. When the weekend is over, you could be one of 1,000 players to walk away with a prize, maybe even the top prize of $5,000 bonus dollars!
How to Participate in the Golden Nugget Red Carpet Weekend Giveaway
The Red Carpet Weekend Giveaway is open to all registered Golden Nugget Online Casino players. The time period for earning entries starts Friday, February 22 and continues all weekend long until 11:59 p.m. Sunday, February 24.
But the sooner you opt-in, the more time you will have for your play to count towards earning entries into the drawing. In order to enter, you need to do the following:
- Log into your GoldenNuggetCasino.com account anytime during the Feb. 22-24 promotion period, but the sooner the better.
- Claim the offer from Available Bonuses.
- Start playing.
You will earn one entry for every $100 that you wager during the promotion period. Note that “weighted wagering applies.”
On Monday, February 25, the casino will hold a random drawing among all eligible entries to determine the 1,000 prize winners. See the next section “What you can win” for a table showing the range of prizes and how they will be distributed.
What you can win
|1st Place||$5,000 Bonus|
|2nd to 3rd||$1,000 Bonus|
|4th to 10th||$250 Bonus|
|11th to 25th||$50 Bonus|
|26th to 100th||$20 Bonus|
|101st to 1000th||$10 Bonus|
As you can see, the prizes range all the way from a top amount of $5,000 down to only $10. Being that a thousand players’ names will be randomly selected to win something, your odds of winning a prize are excellent.
However, in all likelihood, it will only be a small amount.
On the other hand, some players will win a big prize, and everyone entered in the drawing has a shot, even if it’s a longshot.
Be careful: bet what you can afford
The description of this promotion on the GoldenNuggetCasino.com website does not specify any limit to the number of entries a single person can have. In other words, the number is presumably unlimited.
Obviously, there will be plenty of high rollers who have no problem betting thousands of dollars per day and will do exactly that.
However, my advice is not to worry about how many entries anyone else has and only wager what you can comfortably afford. Even with only a handful of entries, the luck of the draw can work on in your favor.
More importantly, the preponderance of prizes are only for a $10 bonus, and only 25 of the 1,000 prizes (2.5 percent) are for $50 or more. It makes no sense to risk much more money than you would ordinarily, given the strong likelihood–if you win–that your bonus will be small.
Claiming your prize
All winners will be notified by email and have their respective prizes credited to their account by 5 p.m. Tuesday, February 26.
However, because all prizes are in the form of not yet withdrawable bonus money, having access to both the bonus money itself and any additional associated winnings is contingent on first meeting the casino’s wagering requirements described in the next section.
Wagering requirements for the bonus
The wagering requirements for the Red Carpet Weekend bonus money prizes are as follows:
- Most slots: 1x bonus
- Excluded slots* and all other games: 5x bonus
Regardless of what size bonus you receive, you have to be very happy with these wagering requirements. Wagering the bonus just 1x is as low as you can go, and that’s all you have to do if you clear the bonus with 511 of this casino’s 532 slot games.
However, 21 slots only count 20 percent towards clearing the bonus instead of 100 percent like the other slots. Therefore, if you decide to clear the bonus with any of those “excluded” slots, the wagering requirement jumps to 5x the bonus, the same as for non-slot play.
See the GoldenNuggetCasino.com website for the complete list of the 21 excluded slots.
Best way to clear the bonus
If all slots counted the same 100 percent, clearing the NJ casino bonus with one of the excluded slots would be a great idea. The casino knows what it’s doing increasing the wagering requirements for these games based on their higher than average return to player (RTP).
However, there are many other slots which also have a higher than average RTP, but count 100 percent, so those are the ones you should choose from instead.
On first glance, it might seem that picking the best slot games out of more than 500 would be a formidable task. But Golden Nugget actually makes it easy by including a helpful description of every slot game along with the RTP.
Simply click on the “i” tab for whatever slot game you are considering and review this information before you start playing.
Alternatively, if you don’t mind the extra wagering requirement of 5x the bonus, keep in mind that there are other games, like blackjack and video poker with a lower house edge than even the best slots.
However, their low house edge is contingent on knowing and using the correct basic strategy.
In any case, if you wish to clear the bonus with slots, take advantage of the great 1x bonus wagering requirement available to you. Avoid games where you have to wager the bonus 5x and wait until you don’t have a bonus to clear to play them.
Other terms and conditions
You have up to seven days to complete the wagering requirements. Depending on your game choice, you only have to wager the bonus 1x or 5x, so even for large bonuses, you should not have a problem.
While the bonus playthrough is still in progress, both the bonus and any additional winnings therefrom will be temporarily locked into your account. However, you are free to withdraw additional funds in your cashable wallet unrelated to the bonus.
As soon as the bonus is fully cleared, provided it is within the allotted time frame, you will be able to withdraw the other money, too.
However, opting out, attempting to withdraw unavailable funds prematurely, or failure to complete the wagering on time will result in forfeiture of both the bonus and any additional winnings resulting from it.
Is the Golden Nugget Red Carpet Weekend Giveaway worth your time?
Golden Nugget Online Casino held a similar $20,000 giveaway that helped to make the start of 2019 extra special for 1,000 players. Now the same casino is at it again with another $20,000 Giveaway in celebration of Oscar Weekend.
When I highlighted the previous promotion in my December 28 post on this website, I pointed out not only the great features but several ways the offer could have been better. I will now do likewise for this promotion.
How this promotion could be better
Far too many token bonuses
900 of the 1,000 bonus money prizes are for $10, which is a very meager reward considering all the wagering players will be doing just to earn entries into the drawing. The bottom prize should be no less than $20.
There should be a cap on the number of entries per person
The absence of any cap at all on the number of entries gives a huge advantage to players with deep pockets and no qualms about betting big, while limiting the chances to win for everybody else.
I am not against awarding bigger players with more entries, but in order to be completely fair to other players, too, there should be a reasonable cap on the number of entries per day for each person.
What’s great about this promotion and why you should still participate
Even with the above limitations, anyone who plays at this casino and has time to play this weekend should opt into this promotion. Here’s why.
1,000 chances to win
Think of the many times you entered a drawing, only to come away with nothing because only a handful of participants won a prize. Only rarely do you get a golden opportunity like this to participate in a random prize draw with 1,000 winners.
With that many names being picked, one thing you can count on is that not all of these lucky players will have a lot of entries.
No deposit needed and extremely reasonable wagering requirements for the bonus
Assuming you have enough money in your account to cover your wagers through the weekend, there is no need to make a deposit. Later, if you do win, you definitely don’t need to make a deposit to complete the wagering requirements.
In fact, if you clear the bonus with any of the 511 included slots, as recommended, you will be doing so entirely with the casino’s money and not your own since you only have to wager the bonus 1x.
You also have up to seven days to complete the wagering. Most GoldenNuggetCasino.com bonuses come with a 10x bonus wagering requirement for included slots and a 50x bonus wagering requirement for all other games, so you can see you are getting a real bargain.
Chance to get into the spirit of a big weekend
Last but definitely not least, Oscar Weekend is one of the biggest weekends of the year. This promotion gives you a chance not only to root for your own personal favorites to win the various awards, but also to root for yourself to win a prize.
Bet on the Academy Awards, too
By the way, this year, for the first time ever, if you have a strong opinion about Sunday’s Oscar winners, you can put your money where your mouth is with a legal bet at the online or land-based New Jersey sportsbook of your choice.