Question by Mits: What is non-cashable bonus in online casino?
Answer by L
Non-cashable bonus is when you can’t cash out your bonus cash they give you. Depending on the site you’re trying to play at they wont give you that money. Here is some Q and A from Cherry Red. When you want to cash out your money including your bonus you need to refer to the Wagering Requirements.
Q. What do you mean by ‘Wagering Requirements’? Does it mean that I have to deposit that amount/win that amount?
A. When claiming a bonus you are asked to wager (place bets) your deposit & bonus a certain amount of times before you are able to cash out. Wagering requirements for Slots bonuses are usually 15 or 20 times and for Blackjack bonuses 50 times.
For example: You deposited 0, redeemed 100% bonus and received 0, your wagering requirements will be: (0 + 0) x 15 = 00.
It does not mean that you need to deposit or win 00. The total amount of the bets that you place should be 00. If you are playing Slots and betting a spin, you will need to spin 3000 times to complete the wagering requirements.
The amount that you wagered will change as you play and will appear as ‘Playable Balance’. Once you have played the required amount, your winnings will appear as ‘Withdrawable Balance’ and you can then request a withdrawal.
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