Laugh Your Way To Bonus Cash With Virgin Online Casino’s Sharepot

Barbara Nathan Updated on March 19, 2019
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Now that the over the top celebrating of St. Patrick’s Day weekend is finally over, it’s back to the reality of everyday responsibilities. But that doesn’t mean the fun has to stop, and Virgin Casino is going all out to make sure it doesn’t

Coinciding with National Let’s Laugh Day on March 19, Virgin Casino is encouraging you to share some laughs with your friends. But that’s not all. Since sharing fun is what this casino is all about, this week seemed like the perfect time to offer another sharepot.

As if playing your favorite Virgin Casino games isn’t already fun enough, a guaranteed way to make it even more fun is to sweeten the pot. This time there’s $10,000 in bonus money up for grabs.

The more you play during the four-day earning period — Monday through Thursday — the bigger your share of the sharepot.

How this week’s Virgin Casino sharepot works

In February, Virgin Casino shared the love, giving away $10,000 in bonus money on a Valentine’s Day sharepot.

Now, a month later, it is extending the same offer. In fact, everything about the offer, except the occasion prompting it and the dates for earning sharepot tickets, is identical.

The period for earning tickets for the Share a Laugh Sharepot started March 18 and continues until 11:59 p.m. March 21.

For every $50 wagered on any game on any given calendar day during the promotion, you will earn one Sharepot ticket, up to a maximum of five tickets per day if you wager a total of $250 or more.

Bet the maximum for a bigger share of the sharepot

The maximum number of tickets per person is 20. In order to get this many tickets, you would have to play all four days of the promotion and wager $250 or more each day.

If you can afford to wager that much, you’ll be sitting pretty. You are guaranteed to get the biggest share of the Sharepot you can possibly get. No other players will wind up with a bigger share than you.

But if that much wagering is more than you can comfortably afford, don’t worry about it.  Do the best you can without overextending yourself. The whole point of this promotion is to have fun, not to break the bank. As long as you can wager at least $50 on at least one day during the promotion, you will qualify for a share of the Sharepot.

How Virgin Casino will determine your share

All rewards from the March Sharepot will be in the form of bonus money credited to your account. However, there is no way to know ahead of time what your bonus will be. Even after the promotion period ends, you still won’t know for a few days.

You will know how many tickets you earned, but not how that translates into actual bonus dollars.

The other important piece of the puzzle that is still missing is how many tickets all of the other players earned. Virgin Casino will use that information to figure out each player’s fair share and then distribute the bonus money accordingly.

The good news is that it’s Virgin Casino’s job, not yours, to figure out the precise rewards for each player. But for those of you who are mathematically inclined, I am including below the various steps that will go into this determination.

  • First, the casino will determine the total number of tickets for each player separately.
  • Then it will arrive at the total number of tickets for all players combined.
  • Next, the casino will calculate each player’s percentage of the sharepot by dividing each player’s total number of tickets by the grand total for all players.
  • Lastly, each player’s percentage of the sharepot will be multiplied by $10,000 (the amount of bonus money in the sharepot). The result is the amount of bonus money each player will receive.

For example, if you have 10 sharepot tickets and all of the participants combined have 5,000 tickets, your percentage of the total is .20 percent. When you multiply that percentage by $10,000, you get $20. That’s the amount of your bonus.

When will you get your bonus money?

According to the Virgin Casino NJ gambling website, you can expect to receive your bonus within 24 hours of March 22. However, in the event of technical difficulties, allow for up to three business days.

Bonus money wagering requirements

The bonus money you receive from this March sharepot at Virgin online casino is subject to the same terms and conditions as any other bonus money you receive as a Virgin Casino player.

You have up to 30 days to meet the casino’s very modest wagering requirement of 1x the bonus. You can play any game you wish. All games count 100 percent.

As soon as you complete this wagering, you can keep any resulting winnings, but unfortunately, not the bonus money itself. Win or lose, as soon as you wager the bonus once, the casino removes the bonus from your account. You never see it again.

Virgin Casino sharepot pros and cons

If you are new to Virgin Casino, you are probably wondering if this Share a Laugh Sharepot promotion, apart from being fun, will be worth your time.

The offer does come with some very good features, along with others that are not so great. In that respect, it is similar to most promotions at NJ online casinos.

What’s not to like

Sticky bonus

Most NJ online casino bonuses are cashable. The wagering requirements may be a lot higher than just 1x the bonus, but if you’re lucky, the additional wagering will give you many more chances to win.

In addition, as soon as you complete the wagering and clear the bonus, not just your winnings, but whatever is left of the bonus, too, is yours to keep.

However, all of the bonuses for existing players at VirginCasino.com (and sister NJ online casino Tropicana Casino) are non-withdrawable. Furthermore, you can only bet the bonus once. This significantly limits the amount you can potentially win from betting the bonus.

The subsequent removal of the bonus from your account limits the amount you can win even more.

Bonus amount is probably small

Non-cashable bonuses, because of their nature, need to be larger than traditional bonuses to give you any reasonable chance for a decent size win.

Although a Sharepot containing $10,000 in bonus money sounds generous enough, you need to keep in mind that it is going to be distributed among a very large pool of players. So individual shares, particularly for those whose play during the promotion period has been minimal, could be quite small.

What to like

Now that I have gotten the not so great features of this promotion out of the way, here is a summary of why, in spite of those shortcomings, you should take advantage of this offer.

Affordability

Small players find themselves shut out of many otherwise good promotions on NJ gambling websites simply because the deposit and/or wagering requirements are too steep for their budget.

This sharepot at Virgin NJ online casino requires no deposit at all. In addition, the wagering requirements, both to earn sharepot tickets and to clear the bonus, are extremely reasonable.

Reasonable cap on number of entries

If the number of entries was unlimited, high rollers who could easily bet thousands of dollars a day would do exactly like that. It’s the last thing you want if you’re a small to average size player because then the big players would hog virtually the whole sharepot for themselves and leave everyone else with crumbs.

With a maximum of five entries daily per person based on $250 in wagers, the playing field is sufficiently leveled to give everyone a fair chance.

Guaranteed mystery bonus

A Sharepot is different from a drawing because every participating player is guaranteed to win something. The fact that it’s also a mystery bonus adds to the fun.

No risk bonus

Another great feature of this bonus is that it’s completely risk-free. While you do have to risk your own money to earn tickets for the sharepot, it doesn’t need to be any more than you would ordinarily wager otherwise. And that’s the only time you are gambling with your own money during the whole promotion.

Once you get the bonus, the casino is giving you a free shot to bet it once and try to win with it. Even if you don’t win, you finish with the same amount of money you started with, and that’s the absolute worst that can happen.

However, you could win twice, first in your play during the promotion period to earn sharepot tickets and later, when you wager the bonus, too.

The bottom line

If you’re looking for a fun promotion that in all likelihood won’t make you a ton of money, but where you don’t have to worry about jeopardizing your bankroll either, you’ve found it with this week’s sharepot at Virgin Casino.

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