Question about Bonus and Cash-outs

[BrazilMac]

HI All, this is my first post and to be honest, Im pretty much a noob when it comes to gambling. Anyways, it was very useful to find this site and Im pretty sure someone can clear up something to me:

I have a question about bonuses and winnings. Well, I get pretty confused reading these terms and conditions all casinos have when it comes to bonuses. I can understand the part where you need to wager your bonus amount X times in order to withdraw it and such, what I need to know is this: If I deposit, say £100 and the casino gives say 100% bonus, then my balance would be £200;

Now, say I play for a week and I win £90, my balance is now £290. Since I cant cashout the bonus, then my cash balance is £190. Can I cash my deposit + winnings at anytime? It seems all casinos "copycat" their terms and conditions (at least all Microgaming's licensed casinos; I like Microgaming's software and I will pretty much be playing on the microgaming's accredited list of casinos).

Thanks again for all the help!!!!

[KasinoKing]

Originally Posted by BrazilMac

Now, say I play for a week and I win £90, my balance is now £290. Since I cant cashout the bonus, then my cash balance is £190. Can I cash my deposit + winnings at anytime? It seems all casinos "copycat" their terms and conditions (at least all Microgaming's licensed casinos; I like Microgaming's software and I will pretty much be playing on the microgaming's accredited list of casinos).

Thanks again for all the help!!!!

Welcome to the BEST online gambling forum!

No, at the vast majority of casinos (including most MG's) you can NOT cash out at any time if it is your initial sign-up bonus. Most MG's allow this for subsequent bonuses, but for the SUB you usually need to complete the full wagering (WR).

This will be spelled out in the T&C's somewhere. If you can't find it (for any casino), tell us which casino it is & someone here will undoubtedly be able to answer your question for you.

Good luck!

[BrazilMac]

Thanks for the prompt answer! I figured they wouldnt let me

Its funny, because Im at the moment with 7 Sultans casino. I did the 60 minutes thing and won 50 quid + a deposit of 20. I have been playing for 8 days and my balance is currently at 220. The screenshot below says I have 180 to withdraw:



How come it says I can withdraw? Playthrough says 141.60

[babs7262]

Honstly

The best thing to do is NOT take those bonuses. If you hit a nice jackpot, you will regeret it. Besides, dont you want to be able to deposit and play knowing you can cashout anytime you want? Its just not worth it in the long run

BTW...Welcome to the forum!

[KasinoKing]

Originally Posted by BrazilMac

How come it says I can withdraw? Playthrough says 141.60

That is a bit strange, and I can't honestly answer why it says that. I ALWAYS know that I've completed the full WR before withdrawing and have never tried withdrawing early, so I don't know what might happen...
But... clause 11 of their bonus terms says this:-

If you attempt to withdraw any winnings before fulfilling all the play-through requirements of the welcome bonus, you will forfeit your cash winnings and Bonus Balance.

...so I think if you did try to withdraw you would lose everything except your initial 20 quid deposit.

I'm a it confused here though, if your completed playthrough is only 141, then your bonus chips should still be 50...
Anyone know what's going on here - Vinylweatherman?

KK

[BrazilMac]

I will probably contact their CS. I dont want to cash out now, I just wanted to be sure because Im planning to signup with other MG casinos and I guess I wont bother with bonuses then.

Thanks for the replies!!!

[jas2587]

Originally Posted by BrazilMac

Thanks for the prompt answer! I figured they wouldnt let me

Its funny, because Im at the moment with 7 Sultans casino. I did the 60 minutes thing and won 50 quid + a deposit of 20. I have been playing for 8 days and my balance is currently at 220. The screenshot below says I have 180 to withdraw:



How come it says I can withdraw? Playthrough says 141.60

The FL Group will let you cash out minus the bonus anytime your overall cash goes above the bonus like yours does

I have turned a $10 bonus into $300 $400 many times an went st8 to cashout an they just deduct the $10


Good Luck

Cindy

[BrazilMac]

Hey Cindy!

Thanks for the posting!!! Can I be a member of other Fortune Lounge Casinos simultaneously?

[jas2587]

yes I am a member at all their sites



yqw an Good Luck


Cindy

[BrazilMac]

Would you mind telling me how many sites you are member of (FL sites)?

Thanks again