Why Casinos Restrict Maximum Bonus Cashouts and How to Avoid It

Ian Mac
Ian Mac is a dedicated content writer and editor with consistent five-star feedback for high-quality gambling content. He covers casino bonuses and destinations, plus games such as slots, roulette, and blackjack.
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Playing online casino games without incurring any risk is virtually impossible unless you practice in demo mode or opt for promotional incentives that do not require you to make a deposit. While practice play with free credits cannot earn you real money, some casino bonuses can boost your balance, provided that their terms and conditions are player-friendly enough.

One tricky term to beware of is the maximum cap many casinos impose on bonus-related winnings. This condition effectively restricts the amount of cash you can withdraw from your bonuses, reducing the value you can extract from free play. The following article discusses maximum bonus cashouts, why they exist, and where to find promotions without such restrictions.

Types of Online Casino Bonuses With Maximum Winning Caps

If a gaming site caps withdrawable bonus winnings at $1,000 and a player wins $10,000 on a lucky spin, the casino will pay only $1,000, or 10 percent, of the bonus winnings. Gambling businesses typically impose such limits on promotional offers that do not require real-money deposits. The two most common promotions of this kind are the no-deposit bonus and the free spins bonus.

No Deposit Bonus
Free Spins Bonus
Deposit Bonus

Terms and Conditions - The Caveat of Online Casino Bonuses

1Overview

Terms and conditions accompany every giveaway, and casino bonuses are no exception. Sometimes these terms are so confusing that even experienced players can get lost while reading them.

Even if the casino bonus you are considering has no restrictions on the maximum cashable winnings, you must still read the attached terms. Violating a promotional rule will almost certainly result in the confiscation of your bonus credits and any related profits. Below are several common pitfalls to watch out for when redeeming online casino bonuses.

2Minimum Deposit Requirements

Minimum deposit requirements often apply to offers that ask you to transfer money to your balance when opting in for a bonus. If you deposit less than the specified amount, the casino will not credit the bonus funds or free spins to your account.

3Wagering Requirements

Wagering requirements are attached to nearly every casino promotion and are among the most important terms to watch. At most gambling sites, your balance is divided into bonus credits and real money. When this is the case, the casino first credits the bonus to your bonus balance, where it remains locked.

To convert it into cash and move it to your real-money balance, you must play it through the designated number of times. For example, assume the wagering requirement for a free spins promotion is 20x. You win $20 with your free spins, so you must wager 20 x $20 = $400 to release the profits from your bonus balance.

4Maximum Bet Restrictions

Maximum bet restrictions often apply when you wager with bonus credits. Casinos impose them as a form of damage control to prevent players from winning massive amounts risk-free. Low-risk betting and hedging are also commonly against the rules. Players who exceed the allowed maximum bet usually have their bonuses voided, a common penalty for violating the promotional terms.

5Game Restrictions

Game restrictions are another detail you must double-check. More often than not, games with very low house edges are not eligible for participation in casino promotions or contribute less toward the wagering requirements. Some casinos completely exclude games like baccarat or blackjack from bonus participation and wagering. Similarly, free spins are often limited to one or more qualifying slots. Many casinos also exclude progressive jackpot slots from bonus play. Keep your eyes peeled for all these details unless you want your bonus voided.

6One Bonus Per Account

One bonus per player, account, and household is a common rule at most online casinos. Customers can opt in to certain promotions no more than once. Creating multiple accounts to redeem the same bonus several times will almost certainly get you permanently banned from the casino.

7Players Have a Limited Time to Use Their Bonuses

Players have a limited time to use their bonuses and clear the attached wagering. All promotions come with time restrictions, but the exact window you get depends on where you play. Some operators give players a month, while others void bonuses one week after redemption. As a rule of thumb, the smaller the bonus, the less time you have to use and wager it.

We cannot emphasize enough how important it is to read all promotional terms in advance. A combination of steep wagering requirements, short expiration times, numerous game restrictions, and a low cap on withdrawable winnings can turn a seemingly great bonus into an offer with little or no value for players.

Why Do Online Casinos Impose Caps on Bonus Winnings?

Caps on Bonus WinningsThe reason online gambling operators enforce caps on the winnings players can cash out from their bonuses is obvious. They use these caps as a form of damage control to prevent bonus play from affecting their overall profitability. Some bonuses, especially those that do not require any real-money deposits, enable players to win cash with zero risk to their bankrolls.

As appealing as this sounds, online casinos are like any other business, and turning a profit is their primary purpose. Allowing players to withdraw all their free-play winnings straight away could affect the operators’ bottom line and cause them to lose money. Customers would simply redeem the free cash, play with it, and withdraw whatever they have won, without returning to wager any real money again.

No Maximum Cashout Casinos and Their Advantages

1Advantage #1 - No Maximum Caps on Bonus Winnings

Most casinos give players money to use, but some give them money to keep. Such gambling sites are rarer than hen’s teeth, yet they do exist. “Fair” is the best word to describe them because they offer cashable bonuses without maximum caps on bonus cashouts or wagering requirements.

2Advantage #2 - Bonus winnings are paid in cash

At no maximum cashout casinos, players keep whatever they win from their bonuses. Additionally, all bonus-associated profits are paid in cash rather than being locked into the players’ bonus balance. These sites often remove wagering requirements altogether. Even when you must wager your bonus, the playthrough is low and does not significantly reduce the offer’s value.

3Advantage #3 - No sneaky terms and conditions

At these casinos, there are usually no sneaky terms and conditions to devalue your bonus play. Customers can withdraw as much or as little as they want, with no restrictions on maximum bonus wins. The bonus winnings are yours to keep, and you can use them however you like. You can win $100, $500, $1,000, or more; the sky is the limit at no maximum cashout casinos.

4Advantage #4 - Players have the opportunity to win big at no risk

The absence of maximum cashout caps is highly advantageous to players. After all, most of us gamble for the chance to win big. By capping the winnings players can withdraw, online casinos effectively deny them this opportunity during bonus play. Imagine finally scoring a massive win only to have most of your profits voided by the casino. “Disappointed” hardly covers how you would feel in that situation.


Where Can You Claim Bonuses with No Cashout Caps?

Casinos without maximum caps on bonus winnings are rare because few gambling operators are willing to offer such player-friendly promotional terms. There are hundreds of gaming sites online, but very few are generous enough to dish out such appetizing bonus opportunities to their customers.

Fortunately, we have scoured the internet, vetting dozens of gaming sites to find those that place no limits on the amount you can cash out from free play. Everything you win is yours to keep as long as you meet the other terms and conditions. Check out the six recommendations below and see which one best matches your preferences.

PlayOJO
Videoslots
No Bonus Casino
Yako Casino
Hyper Casino
bet365