Mines Games Tips Why Do Online Casinos Impose Caps on Bonus Winnings
The reason why online gambling operators enforce caps on the maximum winnings players can cash out from their bonuses is quite 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 some cash with zero risk for their bankrolls involved.
As good as it sounds, online casinos are like all other businesses, and turning a profit is their primary purpose. Allowing players to withdraw all their free-play winnings straight away could affect the operators’ deadline 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
Advantage – No Maximum Caps on Bonus Winnings
Most casinos give players money to use but there are some that give them money to keep. Such gambling sites are rarer than hen’s teeth but they still do exist. “Fair” is the word that best describes them as they tend to offer cashable bonuses without maximum caps on bonus cashouts or wagering requirements.
Advantage – Bonus winnings are paid in cash
At no maximum cashout casinos, players get to keep whatever they have won from their bonuses. Furthermore, all bonus-associated profits are paid in cash rather than being locked into players’ bonus balance. It is not uncommon for such gaming sites to altogether lift the wagering requirements on their bonuses. Even if you have to wager your bonus, the playthrough is low and does not take away much from the offer’s value.
Advantage – No sneaky terms and conditions
At such casinos, there are usually no sneaky terms and conditions to devalue your bonus play. Customers can withdraw as much or as little as they like without any restrictions on the 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’s the limit at no maximum cashout casinos.
Advantage – 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 opportunity to win big. By capping the winnings players can withdraw, online casinos practically deny them this opportunity during bonus play. Imagine how you would feel when you finally score a massive win only to have most of your profits voided by the casino. We think the word “disappointed” is not quite strong enough in one such situation.