This place has some of the most interesting Terms and Conditions I have ever seen. Here is a quick run-down:
"Only withdraws smaller and/or equal to cashable bonus will be processed and remaining amount removed from players account."
As stated by the original poster. Your maximum cashout cannot exceed the amount of the bonus you received. For the 200% bonus this effectively means you can only hope to double your deposit. For bonuses of less than 100%, your deposit loses value quicker than gaming stocks did on October 2nd, 2006. However, keep reading - there is a way to get around this restriction that I will describe later on in the post.
You will be required to fax us a photocopy of valid document with picture and address.
Based on the wording of this sentence, the following items would fulfill your obligation:
Photocopy of valid document:
Picture and address:
The promotion is for genuine players only.
Any player who clicks the "spin", "roll" or "deal" button while their attention is diverted is deemed to not be genuinely playing, and is therefore excluded from "the promotion".
Bets placed in the games of Roulette (all sorts of Roulette), Baccarat (all sorts of Baccarat), Craps (all sorts of Craps), Black Jack (all sorts of Black Jack) or Video Poker (all sorts of Video Poker) do not fulfill players obligations with regards to the minimum wagering requirements.
Rest assured that you will enjoy a true gaming experience at Maxima Casino, because they have
all sorts of Craps.
Players, who endeavor only to meet minimum play through requirements of a given bonus, exhibiting 'bonus hunter' characteristics, will have their accounts automatically flagged and audited. Should the security department determine that a new player account was set-up solely to exploit this bonus, The player may forfeit their bonus money, any winnings gained under this promotion and their initial deposit returned.
This is the escape clause that can save the unlucky player in a pinch. Suppose you receive an offer for a 50% match up to $250. You deposit $500 and receive a $250 bonus, so your maximum cashout is $250. If you only wager the minimum wagering requirement of $22,500 and cash out $250, your account will be automatically flagged and audited, any winnings gained under the promotion will be forfeited, and your deposit of $500 will be returned.
Conclusion: "The promotion" is actually a cash-back insurance bonus, disguised as something more sinister.