User Rating: 5 / 5

Star ActiveStar ActiveStar ActiveStar ActiveStar Active
 

 How to Withdraw Winnings Derived from a No Deposit Casino Bonuses?

How to Withdraw Winnings Derived from a No Deposit Casino Bonuses

Withdrawing winnings derived from no deposit casino bonuses offered by an online casino may seem a bit overwhelming but as long as you follow the terms and conditions it can definitely be done. If you’re taking your first dip into the no deposit bonus pool, there are a few things you should know when it comes to cashing out.

Online casinos are quite generous when they offer players free chips but there is a protective mechanism in place on behalf of the casino known as the wagering requirement.

What is wagering requirement of online casinos?

The wagering requirement of online casinos, also known as playthrough or rollover are essentially the number of times you must playthrough the amount of the bonus. Playthroughs can be applied to all sorts of no deposit casino bonuses.

The wagering requirement of online casinos attached to a bonus may range from 10 times up to and exceeding 99 times. This means that you must wager the amount of your free chip ten times in the case of a 10x wagering requirement. The lower the wagering requirement, the better your chances are of being able to meet it. Wagering requirements on the higher end may seem like it would take an act of God in order to meet and you will most often see this with rogue casinos so watch out for those. At best players can claim bonuses with higher wagering requirements for fun.

NEVER redeem 2 No Deposit Bonuses back to back

Never redeem two no deposit casino bonuses at one online casino back to back. This will void your ability to cashout. It is critical to read the terms associated with the bonus you intend to claim to verify the wagering requirements, maximum withdrawal amount and withdrawal procedures.

Make sure your playing the allowed games.

Making the playthough applies to certain casino games as well so ensure that you are interested in the allowable games before you proceed. Some bonuses only allow Slots while others apply to Table Games etc. Only playing the allowed games will count toward meeting wagering requirements of online casinos.

For example, you claim a $10 Slots No Deposit Bonus and the terms specify that you must rollover the bonus 30x.

10x$30 = $300

You will be required to make $300 in bets in order to meet this wagering requirement. So let’s say you decide to bet $1 per spin on a Slot Game. You will need to do this 300 times before your winnings will be eligible for withdrawal.

Another key factor to note is that some bonuses allow multiple games that will all count toward your wagering requirements; however the percentages that go toward the playthrough may vary.

Wagering Requirements can vary depending on the casino game.

For example, a player claims a $100 bonus with a 40x wagering requirement which means that $4,000 in wagers must be made. The allowed games include the following games and contributions:

  • Slots – 100%
  • Video Poker - 80%
  • Blackjack – 10%

Contributions refer to the percentage of each bet that goes towards meeting the playthough.

The player wagers $50 on Slots at 100% meaning that the entire $50 goes toward the wagering requirement.

The player moves on to spend $25 playing Video Poker at 80% meaning that only $20 will go toward the wagering requirement.

Finally the player heads to the Blackjack tables and bets $25 at 10% resulting in just $2.50 of the entire $25 wagered going toward the playthrough.

$50+$20+$2.50 = $72.50

In total, $72.50 of the $4,000 wagering requirement has been met. The player would be best to continue on Slots for the best chance of making the playthrough.

The moment of withdrawing winnings is arrives when you meet the wagering requirement.

Leave your comments

0
  • No comments found

Related articles

How to Make Easy Money with No Deposit Casinos
You can make easy money with free spins casinos that offer bonuses without needing to make a deposit but there is a...
How to Win in Online Casinos Using No Deposit Casino Bonuses?
No Deposit Bonuses are the best way to try out a casino for free before you deposit a single cent. It is a most popular...
No Deposit Bonus Strategy: How to Maximise Your Casino Bonus Winnings
The first step that you want to take is to check the bonus percentage and the maximum bonus amount. Most casinos match...
Types of Online Casino Bonuses
No deposit casino bonus is the simplest of all the bonuses. All you need to do is register a real players account at...
Play in Casinos With No Deposit Bonuses and Win Real Money
You get free money or free casino chips, you make no cash deposit at the casinos and you play real casino games and win...
 
 

Last Activities

Nice pictures and nice animations, bonus game is really great when soldier shoot in aliens creatures...
I didn't expect to enjoy Aloha! very much but it has quickly become a game that I fire up for a few ...
Based on my play, loss and winnings, this is a very fair casino. Great games and staff, will continu...
I deposited $100 with the 400% bonus at lucky red and had a great time playing. As I was dropping be...
I tried to find a no deposit bonus in Old Havana casino and succeeded. After registration I went to ...