Casino Midas Welcome Bonus: How the Three-Deposit Offer Works

What the welcome package gives you across three deposits

Casino Midas has operated since 2012 and is run by Luckland Group B.V. The casino operates under the Curaçao Gaming Authority, Master Gaming Licence OGL/2024/494/0671.

On your first deposit, the offer is 150% up to $1,000 plus 50 free spins on Cash Bandits 3. The complete package can reach $3,000 in bonus funds plus 150 free spins across three deposits. GOLD150 is the Promo Code for the package, and the same code applies to deposits one, two and three.

The welcome package is a deposit-based offer rather than a No Deposit Bonus. Its Free Spins are included with the deposit promotion, and all bonuses in the package are non-redeemable play-only funds. You can claim the package once per household or account.

How to claim the offer from your first deposit

There are two parts: creating the account and applying the package to your deposits. Take it one step at a time. Honestly, this is the part most people skip, and it is where the important details are easiest to check.

1. Create your account

   Click sign up on the website, then enter your name, email address and password. Select next.

2. Add your address

   Enter your address details and select next again.

3. Complete your personal details

   Enter your date of birth and phone number, select your gender, agree to the terms and conditions and privacy policy, then click register.

4. Complete verification

   After verification, log in to the account. The minimum age is 18, or the legal gambling age in your jurisdiction if that is higher.

5. Make the deposit and use the code

   Make a deposit of at least $20 and use GOLD150 for the welcome package. The code also applies when you make the second and third deposits in the package.

Before depositing, check that you are using one active account and that the offer is the one you intend to claim. Casino Midas permits one account per player. A second account can be closed, with its bonuses and winnings cancelled.

• Use the welcome code with the deposit.
• Meet the $20 minimum deposit.
• Keep to one account per player and one claim per household or account.
• Remember that the package covers three deposits, not only the first one.

How the 40× wagering rule works in practice

The welcome requirement is 40× the deposit plus bonus amount. That means you multiply the combined value, not just the bonus portion. The first-deposit match is capped at $1,000, so the bonus calculation changes once that ceiling is reached.

A $20 deposit example

A $20 deposit receives a 150% bonus of $30. The wagering base is therefore $50: $20 deposit plus $30 bonus. At 40×, the required playthrough is $2,000.

A $500 deposit example

A $500 deposit receives a $750 bonus. That creates a $1,250 wagering base, and 40× produces a total requirement of $50,000. The maths is simple, but the total can become large quickly, so choose a deposit you are comfortable using for entertainment.

A deposit at the bonus ceiling

With a $1,000 deposit, the 150% calculation would be $1,500, but the offer cap limits the bonus to $1,000. The combined wagering base is then $2,000, making the 40× requirement $80,000.

Which games count, and the bonus rules that matter

Game types do not all contribute at the same rate. Slots make the full contribution, while table games, card games and video poker each contribute 10%. Here is the practical breakdown for the welcome wagering calculation.

Real-money bets are funded from the deposit first. Bonus funds are used only after the deposit balance reaches $0. This means the order in which funds are used matters when you are working through the package.

The bonus funds expire after 30 days of nil activity on the account. If you change your mind, the bonus can be cancelled before wagering begins through Cancel bonus in the cashier.

• Slots provide the strongest contribution at 100%.
• Table games, card games and video poker contribute at 10% each.
• Keep every bonus-active bet at or below €5.
• Avoid leaving the account inactive for 30 days if you want to keep the bonus funds available.

What the withdrawal cap means after you finish wagering

The welcome package has a maximum withdrawal of 20× the deposit amount. This is separate from the wagering calculation: 40× tells you how much playthrough is required, while 20× the deposit sets the welcome package withdrawal ceiling.

The standard account withdrawal limit is $2,000 per week, while VIP players can withdraw up to $4,000 per week. The minimum withdrawal is $50 for most methods and $100 for Bank Wire. E-wallet withdrawals are instant; bank card and bank transfer withdrawals take up to three days.

Payment charges can also affect the amount you receive. Bank Wire withdrawals carry a $40 fee, while Bitcoin, Ethereum and Litecoin withdrawals each carry a $30 fee.

Identification information must be provided within six months of notification. An account that remains inactive for 180 days has its playable balance removed, so keeping the account active matters beyond the welcome promotion itself.

A sensible way to use the welcome bonus

The package can look generous at first glance, but the useful question is whether its conditions fit the way you already play. A smaller deposit can make the wagering maths easier to manage, while slots contribute more quickly than the other listed game groups.

Run through this checklist before claiming

• Calculate 40× the combined deposit and bonus before you deposit.
• Factor in the 20× deposit maximum withdrawal.
• Keep the €5 maximum bet in mind for every bonus-active wager.
• Remember that the deposit balance is used before bonus funds.
• Choose deposit limits and time limits that keep play within your entertainment budget.

Casino Midas provides deposit limits, time limits and self-exclusion tools. Gambling involves real money and real risk, so there is no need to increase your deposit or keep playing to recover a result. Set your limit first, then treat the bonus as an optional extra rather than a reason to spend more.

If you need help with an account or offer, support is available 24/7 through live chat, email and telephone support. Support languages include English, German, Spanish and Italian.