When you sign up for a new account and receive bonus money, the question on everyone’s mind is: Can you withdraw this money? The answer to this question is not always straightforward, as there are a few things that you need to consider. In this blog post, we will explore the rules surrounding withdrawing bonus money and help you figure out if it’s possible in your case.
Let’s first consider what a casino bonus is before thinking about whether you can withdraw this money and, of course, how to do it!
What is a casino bonus online?
A casino bonus is a sum of money that is added to your account after you make a deposit. This money can be used to play any of the games on offer at the casino. In some cases, you may be required to wager a certain amount of money before you can withdraw the bonus. For example, if a casino offers a 100% match deposit bonus up to £100, this means that they will match your deposit dollar-for-dollar up to £100. So, if you deposited £50, you would receive an additional £50 in bonus money.
Wagering requirements
As we mentioned above, wagering requirements are often attached to casino bonuses. This means that you will need to bet a certain amount of money before you can withdraw the bonus. For example, if a casino has a wagering requirement of x30, this means that you will need to bet 30 times the bonus amount before you can withdraw it. So, if you received a £50 bonus with x30 wagering requirements, you would need to bet £50×30, which equals £1500, before you could make a withdrawal.
Bonus terms and conditions
Each casino has its own set of terms and conditions that apply to its bonuses. It’s important that you read these carefully before claiming a bonus as they will contain information on the wagering requirements and any other restrictions that may be in place. For example, some casinos only allow certain games to contribute towards the wagering requirements, while others may exclude certain payment methods from claiming a bonus.
Check out the casino’s website
The best way to find out if you can withdraw bonus money is to check the casino’s website. They should have all of the information that you need on their bonuses, including any restrictions that are in place. If you can’t find what you’re looking for, or if you’re still unsure, you can always contact the customer support team and they will be able to help you out.
Withdrawing your bonus money
If you’ve met all of the requirements and are eligible to withdraw your bonus money, congratulations! The process for doing this will vary depending on the casino, but it should be fairly straightforward. In most cases, you will need to go to the cashier page and select the withdrawal option. From there, you will need to enter the amount of money that you want to withdraw and confirm the transaction. Once it’s processed, the money should be in your account within a few days.
Summary
We hope that this blog post has helped to clear up any confusion surrounding withdrawing bonus money. Thanks for reading!
Will Writing has been writing about online casinos and casino bonuses for over 9 years. Will prides himself on paying attention to detail when checking out any new casino bonuses that come onto the market. Aside from verifing casino bonuses, Will enjoys playing video games and football. Will currently resides in London, UK.