home Casino Bonus winnings withdrawal- Meeting terms to cash out your wins

Bonus winnings withdrawal- Meeting terms to cash out your wins

Online casinos offer generous signup bonuses and promotions to attract new players and give them extra funds to play with. However, these bonus funds usually come with wagering requirements, and other terms be met before you withdraw any winnings.  The most crucial term attached to bonuses is the wagering or playthrough requirement. It specifies how much you bet before you withdraw wins from bonus funds. For example, a 50x wager means you must bet 50 times the bonus amount before cashing out. On a $100 bonus, you are to place $5,000 in wagers before making withdrawals.

Wagering requirements keep players from instantly withdrawing bonus funds. The terms vary greatly between online casinos, typically from 20x to 50x the bonus amount. Some bonuses don’t have wagering terms but limit the maximum withdrawal amount instead. Familiarize yourself with the specific playthrough rules before claiming any bonus.

Game contributions to wagering requirements

Importantly, not all games contribute equally to playthrough. Slots M88 Top1Casino usually count 100% towards requirements while table games like blackjack may only contribute 10% or 20%. For example, betting $100 on slots would reduce your wager by the full $100 amount. Betting $100 on blackjack may only count for $20 towards the requirement if the contribution rate is 20%. Check which games count and their percentage contributions before playing. Focus first on slots as they tend to count fully and speed up bonus clearing. Table games help vary the gameplay once you’ve finished the wagering on slots.

Bonus validity period

Bonuses a time limit to complete the wagering, such as 30 days from activation. The clock starts ticking as soon as you claim the bonus. Make sure to check the validity period and focus on efficiently clearing the playthrough within that timeframe. Otherwise, any remaining bonus funds and associated winnings are forfeited.

Strategies to clear wagering requirements

Here are some key strategies to speed up clearing wagering requirements:

  1. Activate bonuses only when you fully dedicate time to play. Avoid claiming bonuses if you have limited playtime.
  2. Focus your play on slot games with 100% contribution and higher volatility. The higher variance means bigger wins to clear playthrough faster.
  3. Bet big to complete requirements quickly. With high wagers, you’ll finish a playthrough faster than low-stakes betting.
  4. Avoid side games until requirements are cleared. Playing table games too soon wastes time due to low wager contributions.
  5. Claim bonuses with the lowest wagering requirements. Compare playthrough rates between casino offers.
  6. Check for free spin bonuses with no wagering. These allow instant withdrawal of wins.
  7. Play casino games with high RTP like blackjack and reduce house edge.

Withdrawal limits on bonus winnings

Another common term is a limit on withdrawal amounts from bonus wins. For example, a bonus may cap withdrawals at 5x the bonus amount. On a $50 bonus, you could at most withdraw $250 even if you earned higher winnings from the bonus funds. Withdrawal limits let casinos reduce risks from bonus abuse. Be aware of any max cashout rules that apply to your bonus wins. Withdraw promptly up to the limit when completing wagering to maximize your bonus value.