The Bonus Withdrawal Cap That Catches Irish Players Out
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When you claim a casino bonus, the first thing you probably look at is the wagering requirement, right? There’s another term that’s just as important: max cashout casino bonus. Find out in this guide what this limit means and why it’s so important. The experts at KingCasinoBonus have put together a detailed article with all the information you need to know!
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What a Max Cashout Cap Actually Is
A bonus withdrawal limit casino is the highest amount you can cash out from winnings earned using a bonus. Don’t confuse it with the wagering requirement, which determines how many times you must wager the bonus before you can withdraw the money.
What you need to understand is that the wagering requirement tells you when you can withdraw, while the maximum withdrawal limit shows you how much you can withdraw. Do you see the difference?
You’ll most often see this rule with no-deposit bonuses, where you receive free money. However, be careful you may also find this requiement with high-percentage bonuses. If a casino offers such a bonus, it’s taking a big risk, and precisely to avoid paying out very large winnings, it limits the amount you can withdraw.
Where This Cap Shows Up Most
We’ve noticed that no-deposit bonuses have the most restrictive max cashout casino bonus. We carefully reviewed the operators’ terms and conditions and found that the limits are often between €50 and €100. Of course, there are exceptions to the rule, some operators limit withdrawals to just €30, while other, more generous casinos allow you to withdraw up to 200 euros.
The most common type of bonus is the no-deposit bonus, but it’s usually a small amount and comes with a 30x-40x wagering requirement. Generally, it also has a set withdrawal limit, roughly double the bonus amount.
If you want to claim a deposit bonus, things are a little different. Here, you’re using your own money, which is precisely why operators are more generous. Many offers have no maximum withdrawal limits at all. And if there is one, it’s significantly higher!
A Worked Example of the Gap
Let’s say you claim €20 no-deposit bonus that has a 40x wagering requirement. You must wager a total of 800 euros before you can make a withdrawal. You’ve managed to meet the wagering requirement and now have €400 in your balance. Well, here’s the catch. Your bonus has a maximum withdrawal limit of €100. This is the most you can withdraw; the rest of the money will be forfeited.
| Before the cap is applied | After the cap is applied |
|---|---|
| You have €400 in your account and you expect to withdraw it | You can withdraw only €100 |
| Winnings that appear to be available €400 | €300 are lost due to the maximum cashout limit |
We’re not talking about an incident or a withdrawal error here. This limit is mentioned in the bonus terms and conditions, even before you claim the offer. The problem is that many players don’t read the full terms of a no-deposit bonus before they start playing. And so they only notice this limit when they try to withdraw their money.
The Mistake Players Actually Make
It’s not wrong to play using a bonus, what’s wrong is not checking the rules before you start playing!
Unfortunately, many players only check the wagering requirement and forget about the maximum withdrawal limit. That’s the truth, but we want you to learn from other players’ mistakes and avoid making them yourself!
The second mistake is assuming that once the wagering requirement has been met, you can withdraw all your money. It’s not that simple. Even if you’ve met the wagering requirement, you must still adhere to the max cashout casino bonus..
Don’t keep playing after your balance has already exceeded the set limit. Basically, you’ll be playing for nothing even if you win more money, you won’t be able to withdraw it.
How to Check Before You Play
It takes less than a minute to check if the bonus has a maximum withdrawal limit.
- Look in the bonus terms and conditions to see if there’s any mention of the maximum amount you can withdraw. Many operators list this information next to the wagering requirement.
- Make a note of the limit along with the wagering requirement. Don’t confuse them! These are two completely different things.
- If your balance clearly exceeds the limit, don’t try to increase it any further. It’s a waste of time because you can’t withdraw more than the specified limit.
The Bottom Line
A maximum withdrawal limit doesn’t mean the bonus is a bad one that isn’t worth activating. It means there’s a limit on the amount the casino can pay out to you after you’ve used the bonus. This is completely different from the wagering requirement, so don’t confuse the two.
We recommend that you always read the terms of the bonus you’re about to activate and check the maximum withdrawal amount. Do this beforehand, not after you’ve won!
How We Verified This
This guide you’ve just read is based on the terms and conditions of casino bonuses that we’ve researched. We checked the T&C pages of several operators, as well as independent bonus monitoring websites. That’s how we gathered all the information needed to create this guide for you. Information about responsible gaming was verified separately on the official “Get Help” page of the Gambling Regulatory Authority of Ireland.
If bonuses become a problem for you and you feel you need help, the Gambling Care Ireland national helpline is free and available 24/7. You can call 1800 936 725.
