Question about how bonus and withdrawals work

[rshkrn]

Please help me out here, lets assume I deposit 100$ with a 20% bonus with with a 30 times wagering requirement. Does this mean I need to wager 600$ before requesting any cashout? Or does this mean I can cashout 400 if I move my account up to say 1000$?

Now if I deposited the same amount 10 times with the bonus, does that accumulate in the wagering requirements, so do i now need to wager 6000$ before I can cashout?

In lieu of this does it even make sense to accept these bonuses?

Thanks for all who care to help out here.

 

[ksech]

If the WR are 30X deposit + bonus, then you have to wager
(100 + 20) X 30 = 3600
Is there a max cashout rule on this bonus? Watch out for excluded games. And is this a fully cashable bonus or will the bonus money be deducted once playthrough is met?

 

[KasinoKing]

Please help me out here, lets assume I deposit 100$ with a 20% bonus with with a 30 times wagering requirement. Does this mean I need to wager 600$ before requesting any cashout?

First of all we need to know what you are dealing with;
Is the WR just Bonus x30 or Deposit+Bonus x30?
(If it is just Bx30, then yes, WR is $600).
And is the bonus Cashable or Phantom?

{You beat me this time ksech! }

Or does this mean I can cashout 400 if I move my account up to say 1000$?

No it definitely does not mean that.
600$ is just the amount of bets you need to place before a cash-out.

Now if I deposited the same amount 10 times with the bonus, does that accumulate in the wagering requirements, so do i now need to wager 6000$ before I can cashout?

The vast majority of casinos will only let you claim one bonus at a time. You should ALWAYS completely ZERO your balance by cashing-out and/or playing every last cent away and log out of the casino BEFORE claiming another bonus.
In the few casinos where you are allowed multiple bonuses, YES the WRs will be accumulative.

In lieu of this does it even make sense to accept these bonuses?

No.
Personally I would never take a 20% bonus unless the WR was VERY low.
It's just not worth getting your own money "trapped" for such a small %.

KK

 

[rshkrn]

Wow didnt realize the wagering requirement is for the whole amount and not just the bonus . This is a fully cashable bonus and the T&C do not speak about a max cashout!