Let's cut to the chase: you're here because you saw a banner or an ad promising a $700 free chip at This is Vegas Casino, and you want to know if it's actually legit or just another string of impossible wagering requirements. The truth is usually somewhere in the fine print. While the idea of a massive free chip to test out a Real Time Gaming (RTG) platform sounds appealing, these offers often come with more strings attached than a puppet theater. But that doesn't mean they are useless—it just means you need to know exactly how to play them.
Breaking Down the $700 Free Chip Offer
Before you claim anything, you need to understand what a 'free chip' actually is in the context of an offshore casino. Unlike regulated US sites like BetMGM or Caesars Palace Online, where you get bonus money that converts to cash relatively easily, offshore free chips are often 'sticky' or come with high playthrough rates.
A $700 free chip is rarely $700 in your pocket. It's usually a no-deposit bonus or a deposit match masquerading as free cash. Most commonly, these offers require a specific bonus code entered during registration or at the cashier. If you don't enter the code, you don't get the funds. Once credited, that money sits in a bonus balance. You can use it to play slots, Keno, or Scratch Cards, but you cannot withdraw it until you meet the terms.
Typical terms you'll see attached to this specific offer include:
- Game Restrictions: Usually limited to specific slots or Keno. Table games like Blackjack or Roulette might be excluded or contribute a tiny percentage (like 5%) to the wagering requirement.
- Max Cashout: This is the kicker. A $700 chip might have a max cashout of $100 or $200. Even if you hit a jackpot, you can only withdraw the cap.
- Wagering Requirements: Expect anywhere from 30x to 60x the bonus amount. On a $700 chip, 60x means you need to wager $42,000 before requesting a withdrawal.
How to Claim Your Bonus Code
Getting the funds credited isn't always automatic. This is Vegas Casino operates on a model that relies heavily on coupon codes. If you have a code for the $700 offer, here is the standard process to activate it:
- Create an Account: Download the casino software or use the instant play option. Fill in your details accurately because you will eventually need to verify your identity.
- Go to the Cashier: Navigate to the banking section. Do not make a deposit yet if it is a no-deposit chip.
- Enter the Code: Look for a tab labeled 'Coupons' or 'Redeem Coupon'. Paste your code exactly as provided. These codes are case-sensitive.
- Verify the Balance: Check your bonus balance. If it shows $700, you are good to go. If it doesn't, contact live support immediately before you spin any reels.
Sometimes, the $700 offer is actually a 'chip' given after you make a deposit. For example, 'Deposit $50, get a $700 Free Chip'. Read the prompt carefully so you don't accidentally lock your real money behind a bonus you didn't intend to claim.
Wagering Requirements and Withdrawal Limits
This is where most players get frustrated. Let's do the math on a hypothetical $700 free chip with a 40x playthrough requirement.
You start with $700. To clear it, you must wager $700 x 40 = $28,000 in total bets. On a slot with a 95% Return to Player (RTP), statistically, you are expected to lose 5% of every dollar wagered. 5% of $28,000 is $1,400. You started with $700. The math doesn't work in your favor.
However, variance is the name of the game. If you hit a high-volatility slot early and build a balance, you might clear the wagering. But you have to watch out for the Max Cashout. If the terms state '10x value of the chip', your maximum withdrawal is $7,000. But many free chip offers have much lower caps, sometimes as low as $100-$500, specifically to prevent players from walking away with massive wins on the house's dime.
Also, check the list of restricted games. Playing a prohibited slot while a bonus is active can void your winnings instantly. RTG casinos often restrict games with high RTP or progressive jackpots when a bonus is active.
Game Selection at This is Vegas Casino
Since you are playing with bonus funds, you might as well know what you are playing on. This is Vegas is powered largely by RTG (Real Time Gaming), one of the oldest software providers for offshore casinos. The library is extensive, but quality varies.
Slot Titles and Variance
RTG slots tend to lean towards high volatility. Games like Achilles, Cash Bandits, or Plentiful Treasure are popular because they offer free spin features that can pay out significantly. If you are grinding through a $28,000 wagering requirement, look for slots with high 'hit frequency' to keep your balance afloat. Low volatility games allow you to grind longer, while high volatility games give you a shot at actually beating the requirement through a big win.
Table Games and Video Poker
If you prefer strategy, RTG video poker usually pays well. However, check the bonus terms. Often, playing Video Poker or Blackjack while on a free chip will not contribute to the wagering requirement, or might even void the bonus. If the terms allow it, games like Jacks or Better offer a lower house edge than slots, which helps preserve your bankroll.
Banking Options for USA Players
Once you have miraculously cleared your wagering requirement on the $700 chip and hit the cashout limit, how do you actually get paid? This is Vegas caters to the US market, but the options are standard for offshore sites.
| Method | Type | Processing Time | Fees |
|---|---|---|---|
| Bitcoin (BTC) | Crypto | 24-48 Hours | None |
| Mastercard/Visa | Credit Card | Instant Deposit | Variable |
| Bank Wire | Transfer | 5-10 Business Days | High ($50+) |
| Check by Courier | Paper | 14-21 Business Days | Variable |
For withdrawals, Bitcoin is your best bet. It is faster, usually has higher limits, and avoids the hefty fees associated with bank wires or courier checks. While you won't find Venmo or PayPal here like you would at DraftKings or FanDuel, crypto provides a reliable alternative for offshore banking.
Is This is Vegas Casino Legit?
When dealing with offshore casinos, 'legit' is a spectrum. This is Vegas has been around for years under the same ownership group (Virtual Casino Group). That longevity counts for something in an industry full of fly-by-night operations.
They generally pay players, which is the most important factor. However, they have a reputation for strict enforcement of terms and conditions. If you play a restricted game or bet over the max allowed bet size (usually $10 while on a bonus), they will deny your withdrawal. It is not a scam, but it is a rigid system where one mistake can cost you your winnings.
Unlike US-regulated sites, there is no state gaming commission to complain to. You rely on their internal support and reputation. Always verify your account by sending ID and a utility bill before you try to cash out. This speeds up the process significantly.
FAQ
Can I withdraw the $700 free chip immediately?
No. The $700 is bonus money, not cash. You must meet the wagering requirements (often 30x to 60x) before you can withdraw any winnings derived from it. The chip itself is usually removed from your balance once the wagering is complete.
Is the $700 free chip offer available to players in New Jersey or Pennsylvania?
This is Vegas is an offshore casino. While they accept players from most US states, playing at offshore sites is legally grey in states with regulated online gambling like NJ, PA, MI, or WV. Players there should stick to licensed sites like BetMGM or FanDuel for consumer protection.
What is the max cashout for the free chip?
It varies by specific coupon code, but typically max cashouts range from $100 to $500 for a free chip of this size. Check the specific terms of the bonus code you are using to confirm the 'max withdraw' limit.
Do I need a bonus code to claim the offer?
Almost always. Free chip offers at RTG casinos are driven by coupon codes. If you try to claim a bonus without entering the correct code in the cashier, the system will not credit the funds.
Can I use the free chip on Blackjack or Roulette?
Usually no. Free chips are almost always restricted to Slots, Keno, and Scratch Cards. Table games often contribute 0% to wagering requirements, meaning playing them with bonus funds would simply lock your balance.
