Casinos are fun recreational facilities, which are in most cases built into hotels and tourist attractions and offer gambling services and activities. Recent technological advancements and adoption of internet based industries, casinos have gone big online. Statistics show over 5 million people visit online casinos worldwide. Data from these gamblers and online casinos show an estimated expenditure of over 11 billion dollars. These advancements have made casinos easily accessible from every connected phone or laptop with very little technical know-how.
Casino bonuses are cash incentives used by online casinos to draw in and retain gamblers. These online casinos offer higher bonuses giving regular local casinos stiff competition. A first time player often finds themselves asking, “Can I withdraw a bonus as real cash?” This cash can come in handy when broke and bail out when struggling financially. Imagine having money in an online casino while in debt and you can’t access it. This is why gamblers need to know how best to cash out from online casinos and when it is advisable to do it.
So can you withdraw a bonus as real cash?
Online casinos may offer bonuses in form of free spins, cash to buy tickets and free tickets. Players may often get concerned about how to get their hands on money they have accrued while playing online. This prompts them to find out if, when and how they can withdraw their money as real cash. Yes, casino bonuses can be withdrawn as real cash but often based on certain conditions. Most online casinos offer welcome bonuses and free spins to help gamblers kick-start their gambling upon registration. However, to avoid getting ripped off, these casinos have put in place measures called wager requirements. Players can’t just go on to withdraw bonus. These wager requirements give players a target minimum amount of withdrawal to be met and a minimum number of wagers to be placed before they can process their withdrawals. These wager requirements give time to online casinos to recover the extended credit bonuses and avoid making losses. They also push players to play towards their winnings and in the process making money for both themselves and the casino. Once these minimum amounts and wager requirements are met, players are able to initiate their withdrawal process. Once they submit their withdrawal, there is a slight waiting period usually in wait for verification and an approval on their cash out request. These delay though annoying is usually a safety measure to prevent scamming and secure the withdrawals on both the player and the casino. Once approved the funds can then be transferred into the player’s accounts and credit cards.
Why you cannot withdraw bonus as real cash
There are times when gamblers are not allowed to withdraw real cash from bonus. When a gambler plays with their bonus money, there is a wagering requirement they are expected to meet before the bonus money can be converted to cash for withdrawal. Each online casino has its own unique bonuses and wagering requirements. Wagering requirements refers to the number of times a gambler is expected to wager their bonus cash, that can’t usually be withdrawn, in order to turn it into real cash that can be withdrawn. If the player does not meet the minimum wagering requirements, they are not allowed to withdraw their bonus by their casino. These measures ensure participation for people who register. They have to earn their money, otherwise getting the bonus would be as easy as registering with an online casino and withdrawing the bonus as soon as it is awarded. However, if they meet their minimum wagering requirements they can start processing their withdrawal bonus. Some online casinos also have a minimum withdrawal amounts that if not met, the gambler can’t make a withdrawal on their bonus.
What’s the best way to withdraw bonus as real cash?
Before deciding to play a certain online casino or trying to withdraw bonus as real cash, a player should first research the terms of the wage requirements of the available casinos. This can be done by reading reviews, comparing casinos and games, contacting experienced players and website Frequently Asked Questions (FAQs). Different casinos operate differently and have differing wage requirements. This will help a player know the casinos and games with the best bonuses and what are their minimum withdrawal amounts. It is advisable to select games with low wager requirements that can quickly be achieved so that the player can start processing their withdrawals and earn their winnings early. Gamblers should also select casinos and games with low withdrawal amounts that are achievable. If after playing the game you discover that achieving the minimum withdrawal amount is difficult and takes a lot of time you may give up and quit your pursuit for withdrawal. Online casinos come with over 500 games. Players should know the games that offer the best pay-outs and bonuses to help them get to their pay-outs quicker. A lot of articles and reviews have been written on online casinos and their games. Players should utilize the information in these places to make informed decisions that will result in quick pay-outs and easier withdrawals. Players should also check the compatibility of the online casinos with their preferred payment options, be it by card, bank account or E-Wallet.
Once you have played a game for a while and made your earnings, check to make sure you meet the minimum requirements needed to withdraw real cash from bonus. These include a casino specific withdrawal value minimum and a minimum number of placed wagers. If the player meets this criteria, make sure you are logged in to your casino account, go to the casinos “Cashier” page and select the withdrawal option. In some casinos, you may be asked to pick a payment option, preferably the same one you use for making deposits so as to earn bonus from real cash deposits. Be careful here as different options have different processing times and varying security. It should also be compatible with the respective online casinos to make sure your withdrawal request will go through and you don’t lose your money. Enter the amount you would like to withdraw bearing in mind you may need to leave some in your online casino for future gaming. You will then confirm the operation and wait for your withdrawal to be verified and approved. It may take time to convert your bonus to real cash, but you should trust the process as it’s worth the wait.
Which casino games pay the best?
Winning at online casinos is a matter of chance. However, players have discovered ways to determine the best offers from online casinos. This is done by assessing the type of the game, pay-out rates, volatility, singles and multiplayer games and whether the game needs strategy or is a matter of pure luck. In order to get the best pay-outs, go for online casinos that have a low house edge and a high return to player percentage. This increases your chances of making winnings. Experts recommend that players should stick to table games such as roulette and blackjack over slot games and avoid the flashy games as they have the worst odds. For example, in a span of thirty minutes, a player on a roulette table is more likely to get their winnings quicker than a person on a slot machine unless they get the jackpot. Blackjack in online casinos can make you rich. There is no waiting for a seat at the table and you get to play as much as you want as long has you have enough to place a wager. It is also recommended that players try for single deck blackjack to increase their chances at winning. If you intend to play slot games, it is recommended to stick with games that have a high Return to player (RTP) percentage such as Starburst, Mega Joker, Supernova and Monopoly Big Event. They have a high RTP hence give players higher and more frequent pay-outs.
We can conclude that albeit hard, it is not impossible to earn real cash from casino bonuses. These bonuses offer players a base for their gaming by giving them a financial stepping stone. Over time, players are able to make more money from wagering the initial bonus. When these players achieve the minimum wager requirements of the specific casino they are allowed to make cash withdrawals so that they can get their hands on their hard earned winnings.
- Where can I find the best first deposit bonuses?
- How long are bonuses around for?
- What is a flash/instant play casino?
- How Often Does a New Casino Launch?
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- What is a Payout Percentage?
- Do free spins always require a bonus code?
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- What if I hit the Jackpot on a no deposit bonus?
- Do I have to spend any money to claim a no deposit bonus?