Bonuses are a big part of attracting and retaining customers for any online casino or sportsbook. Many new players do not quite realize what kind of restrictions these bonuses come with. Customers have questions like ‘can I withdraw bonus bet winnings?’ or ‘Bonus bets winning not showing up in account balance’ pretty frequently when they are new to this online gambling world.
Here is exactly what you need to know.
Can I withdraw bonus bet winnings?
The short answer to this question is yes. The question, though, that you should be asking is when can you withdraw these winnings.
Lets us get to that now.
When can you withdraw bonus bet winnings?
You need to meet certain wagering requirements, also called a playthrough, before you can withdraw money won from any bonuses. These wagering requirements are separate for casino bonuses and sportsbook bonuses. They also vary greatly from one online betting sites to another.
We see playthrough bonuses as being around 5x in some of the better websites and even close 150x in others that we would not quite recommend.
What are wagering requirements?
Let us assume that you got a betting bonus of Rs.100 after making your initial deposit ( or from any other bonus). This bonus is going to come with a wagering requirement. In this case, let’s assume it to be 10x.
This means that you have wager Rs.100 x 10 = Rs.1000 before you can withdraw any subsequent winnings.
Different casino games have different weigh towards meeting this wagering requirement. Andar-Bahar may not count towards meeting this wagering requirement but Roulette might.
The exact amount of wagering requirement, as well as the manner in which different games contribute to meeting these requirements, are all clearly visible at licensed websites. Make sure you read the fine print closely because you can only withdraw money after meeting these wagering requirements.