Guide: Withdrawing Bonus Funds as Cash
Not every casino will let you withdraw bonus funds as cash. Find out about the terms and conditions affecting your bonus funds.
Cashable Bonus Guide
Online casinos vie for your attention by offering quality games and a selection of enticing promotions. However, the first key piece of information that jumps out at any player is the quantity of bonus funds that can be claimed following registration. For the most part, these take the form of a welcome bonus that will be triggered when a player has made their first cash deposit with a site.
Claiming Bonus Money
Now, the provision of bonus funds can be tricky to understand. When viewing TV adverts for online casinos, the sites displayed will typically reference deals in which players can deposit their own money and receive a specified quantity for free. Quite often, the adverts can make it seem as if new players receive the bonus money from the outset. However, this is only the case when players use the bonus money to play games with. Otherwise, the funds are subjected to wagering requirements.
Cashable vs. Non-Cashable
Before we touch upon wagering requirements, first it is vital to discuss whether your bonus funds are cashable or non-cashable. In the case of cashable, this is where a casino site will permit you to withdraw bonus funds as cash once the specified wagering requirements have been met. On the flip side, non-cashable means that a casino will only permit players to use bonus cash for playing games. This is largely the case for no deposit bonuses, but it can also happen for deposit bonuses.
The final element to consider before withdrawing cashable bonus funds is whether or not there are wagering requirements to be met. Quite simply, this is where you are required to play through with bonus funds a set number of times. For instance, 10x wagering requirements on a £10 bonus would require you to play £100 worth of bets before withdrawing the £10. Always check terms and conditions to understand your bonus funds.