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Hi guys!

 

Is it possible really to cash out your winnings after playing with your first deposit and bonus? 

I'm about to make my first deposit and the welcoming bonus offers from some casinos sound very tempting. However, when I started reading the T&Cs I was susrprised that the wagering requirements are so high! Up to 50xbonus in some cases! This means I have to wager at least $750 for a $15 of bonus money, right?

I am a new player and to me this seems like a very large sum of money.. and I have this feeling that I will lose it all if I make so many bets.. So I am not sure whether it is better to NOT GET first deposit bonuses at all?

 

 

 

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Hi guys!

 

Is it possible really to cash out your winnings after playing with your first deposit and bonus? 

I'm about to make my first deposit and the welcoming bonus offers from some casinos sound very tempting. However, when I started reading the T&Cs I was susrprised that the wagering requirements are so high! Up to 50xbonus in some cases! This means I have to wager at least $750 for a $15 of bonus money, right?

I am a new player and to me this seems like a very large sum of money.. and I have this feeling that I will lose it all if I make so many bets.. So I am not sure whether it is better to NOT GET first deposit bonuses at all?

 

Casperito, I believe there is no right answer here as each of us play in our own different ways. Over time you'll establish the best way to play for you. But here's what I think...

 

When I first started playing I'd only ever take welcome bonuses, I'd go from casino to casino taking the first deposit bonus. All of my withdrawals were a result of this. So in answer to your first question, Yes of course you can withdraw from a first deposit bonus.

 

When it comes to wagering some casinos will offer 30x others may be higher like 50x like you said, my advice here is to do your homework first. Have a look at a few casinos your interested in and compare the wager, $750 for a first deposit bonus is actually not that high and you'll be surprised how quick you can get through this. If you'll be looking to place higher bets, please remember to check the max bet rule before you play. Also check if your wagering is just for your bonus or your bonus and deposit.

 

Be prepared to lose your first few deposits while you learn the ropes and find out which games work best for you. If you do lose don't be disheartened it's just the luck of the draw. It could go the other way and you win on your first few deposits.

 

Finally, in answer to your question "Should you accept the first deposit bonuses" - Yes, in my opinion this is the best option for you. As a new player a boost to your bankroll certainly helps you to get to know what slots are going to be good for you. Playing with just your money alone could be a very, very expensive past time. Bonuses give you time and more funds which is helpful for any new player.

 

This is just my opinion of course, maybe wait to hear from some other members before you decide because I said we are all different. Good luck in whatever you decide.

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Agree here with Coco, the wagering's is gone before you know it. Besides 50xbonus is not that high.

The most casinos require 35x deposit+bonus, that's equals as 70xbonus.

My strategy is ; play low till you hit the big win and then switch game. Never stick to one game after the big win because most time you will lose it again.

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Hi Casper!

Allow me to fly in some words...hehehe.

 

Basically...if you don't have much money to play with, it is best to take up the biggest bonuses you can get! With a bigger starting bankroll, you'll get more spins and playing time...for more experience and knowledge on any slot game you choose to play. When I first started out, I never thought of making wins but just to play with real money...and to learn as fast and as much as I could. The faster you learn, the less you will lose. ^_^

 

If you have plenty of money to play with...like some members here have...me not included...hehehe...then you can afford to play without taking any bonuses. Anytime you make a good win, you can cash it out, without having to worry about restrictions on wagers, max bet allowed and so on. This can be very thrilling and fun...if you're winning! If you're losing...then you'd better learn things FAST!!!  :D 

 

Oh...another thing...as a beginner or a new player, NEVER attempt to play with big bets when you don't know what the game is all about! Simply betting big every time will cut a big hole in the floor you are seating on!!! Kaboooom...down the hole you go! :p

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Oh...another thing...as a beginner or a new player, NEVER attempt to play with big bets when you don't know what the game is all about! Simply betting big every time will cut a big hole in the floor you are seating on!!! Kaboooom...down the hole you go! :p

 

Absolutely! In fact I think this is one of the most valuable pieces of advice you can offer any new player!

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You also have to pay close attention the T&C if you are going to play this welcome bonus game! Not all game count towards that wagering requirement so you might hit big, think you can cash out at some point, but you find you've only made a small dent in your wagering requirement. 

Whether you have money to bet with or not, there's no reason not to accept welcome bonuses in my opinion. 

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Hi guys!

 

Is it possible really to cash out your winnings after playing with your first deposit and bonus? 

I'm about to make my first deposit and the welcoming bonus offers from some casinos sound very tempting. However, when I started reading the T&Cs I was susrprised that the wagering requirements are so high! Up to 50xbonus in some cases! This means I have to wager at least $750 for a $15 of bonus money, right?

I am a new player and to me this seems like a very large sum of money.. and I have this feeling that I will lose it all if I make so many bets.. So I am not sure whether it is better to NOT GET first deposit bonuses at all?

I tend to search welcome bonuses where cash balance is played first and you can withdraw your winnings if you win from the start without touching your bonus balance. A great example for this is Betat welcome bonus. Even if you win and cancel the bonus you can still play the 50 free spins later and still redeem the same bonus again. Worth checking it out. 

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I tend to search welcome bonuses where cash balance is played first and you can withdraw your winnings if you win from the start without touching your bonus balance. A great example for this is Betat welcome bonus. Even if you win and cancel the bonus you can still play the 50 free spins later and still redeem the same bonus again. Worth checking it out. 

 

Yep...I agree with you mate. Not many casinos are offering his sort of bonuses though.

 

It would be great if someone can do some research and list out all the casinos that have this kind offer. I can't recall correctly but either iGame or Betspin has this too. Casumo, for example, allows you to withdraw your winnings too...and you can know exactly how much you can withdraw by its indicator in the withdraw section...the BEST indicator example I have ever seen so far! ^_^

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Yep...I agree with you mate. Not many casinos are offering his sort of bonuses though.

 

It would be great if someone can do some research and list out all the casinos that have this kind offer. I can't recall correctly but either iGame or Betspin has this too. Casumo, for example, allows you to withdraw your winnings too...and you can know exactly how much you can withdraw by its indicator in the withdraw section...the BEST indicator example I have ever seen so far! ^_^

Leo you reading this mate? :D Start making the list :D

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I agree boys this is by far one of the better bonus structures and I wish more casinos would do it. I actually believe that in the future this bonus structure will become far more popular with casinos which will be good news for us!

 

It will never be adopted by many online casino and thus becoming an industry standard if we don't talk about it all the time and give most of our deposits and playtime to casinos which offer such bonus scheme. ;)

 

 

Leo you reading this mate? :D Start making the list :D

 

So, as hajnrih said, Leo hope you are reading this! :D

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It will never be adopted by many online casino and thus becoming an industry standard if we don't talk about it all the time and give most of our deposits and playtime to casinos which offer such bonus scheme. ;)

 

 

 

You don't think it will become more popular then?

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Hi guys!

 

Is it possible really to cash out your winnings after playing with your first deposit and bonus? 

I'm about to make my first deposit and the welcoming bonus offers from some casinos sound very tempting. However, when I started reading the T&Cs I was susrprised that the wagering requirements are so high! Up to 50xbonus in some cases! This means I have to wager at least $750 for a $15 of bonus money, right?

I am a new player and to me this seems like a very large sum of money.. and I have this feeling that I will lose it all if I make so many bets.. So I am not sure whether it is better to NOT GET first deposit bonuses at all?

 

Greetings Casperito , 

 

You will be able to cash out but take my advice read up on all the terms and conditions and yes indeed the wagering can sometimes be daunting in some respects 

but each casino will have different wagering requirements some more flexible than others : also another thing to factor is which casino is right for you and there are many but as a guide the reviews of each casino can be very revealing as to which one is right for you . 

 

Gambling is always going to encompass the element of risk whichever the case may be ...be it slots , poker , and so forth but armed with the house rules in mind 

and after selecting a casino that you feel safe playing in helps reduce the difficulty somewhat : if I may be as so bold as to make a recommendation I would advice 

either 32 red , videoslots , and guts casino's as a first choice for rolling the dice. 

 

All the best player , 

 

-Tane 

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  • 2 weeks later...

I tend to search welcome bonuses where cash balance is played first and you can withdraw your winnings if you win from the start without touching your bonus balance. A great example for this is Betat welcome bonus. Even if you win and cancel the bonus you can still play the 50 free spins later and still redeem the same bonus again. Worth checking it out. 

Thank you, @hajnrih! Didnt know these little details!

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Hi guys!

 

Is it possible really to cash out your winnings after playing with your first deposit and bonus? 

I'm about to make my first deposit and the welcoming bonus offers from some casinos sound very tempting. However, when I started reading the T&Cs I was susrprised that the wagering requirements are so high! Up to 50xbonus in some cases! This means I have to wager at least $750 for a $15 of bonus money, right?

I am a new player and to me this seems like a very large sum of money.. and I have this feeling that I will lose it all if I make so many bets.. So I am not sure whether it is better to NOT GET first deposit bonuses at all?

Hello Casperito and welcome to Askgamblers!

 

I would like to bring to your attention to check max.bet size allowed when using bonus.

 

If you make a single spin with bet higher then allowed, your winnings would be voided.

 

Make sure to go very carefully trough TC's and we would love to see your winning sreenshots here.

 

I wish to see many more players coming here and asking question before they make first deposit.

 

Wish you luck and let us know what casino you chose for your first session.

 

:hi:

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I tend to search welcome bonuses where cash balance is played first and you can withdraw your winnings if you win from the start without touching your bonus balance. A great example for this is Betat welcome bonus. Even if you win and cancel the bonus you can still play the 50 free spins later and still redeem the same bonus again. Worth checking it out. 

I knew this fact about BETAT but I have completely forgot as I haven't played there for ages there.

 

Heads up hajnrih!

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  • 3 weeks later...

Hello Casperito and welcome to Askgamblers!

 

I would like to bring to your attention to check max.bet size allowed when using bonus.

 

If you make a single spin with bet higher then allowed, your winnings would be voided.

 

Make sure to go very carefully trough TC's and we would love to see your winning sreenshots here.

 

I wish to see many more players coming here and asking question before they make first deposit.

 

Wish you luck and let us know what casino you chose for your first session.

 

:hi:

Greetings Awena , 

 

In regards to the Maximum Bet Size indeed if one was to exceed this the winnings would most definitely 

be in question though to outright void them due to a simple mistake I think is a bit harsh especially for 

new players whom have never experienced online casino's.

One thing the industry may wish to consider as an idea : is the adoption of making it Technically impossible 

for someone to exceed that maximum bet I see some casino's have adopted this idea in particular Casino Luck 

and Next Casino. 

 

All of that Said Rules are Rules and if the ability exists to exceed that maximum bet do so at one's peril I have 

learnt that lesson myself way back in the day ;):rolleyes:

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Greetings Awena , 

 

In regards to the Maximum Bet Size indeed if one was to exceed this the winnings would most definitely 

be in question though to outright void them due to a simple mistake I think is a bit harsh especially for 

new players whom have never experienced online casino's.

One thing the industry may wish to consider as an idea : is the adoption of making it Technically impossible 

for someone to exceed that maximum bet I see some casino's have adopted this idea in particular Casino Luck 

and Next Casino. 

 

All of that Said Rules are Rules and if the ability exists to exceed that maximum bet do so at one's peril I have 

learnt that lesson myself way back in the day ;):rolleyes:

 

The only thing is when do you draw the line between a 'simple mistake' and someone blatantly breaking the terms. I agree if a player's gaming pattern shows one bet out of the ordinary, higher than the max bet allowed, then this could be considered a mistake certainly the casino should be considering honouring this,

 

But I think the max bet rule will always be one that comes up in the forum and complaints.

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Hello Casperito and welcome to Askgamblers!

 

I would like to bring to your attention to check max.bet size allowed when using bonus.

 

If you make a single spin with bet higher then allowed, your winnings would be voided.

 

Make sure to go very carefully trough TC's and we would love to see your winning sreenshots here.

 

I wish to see many more players coming here and asking question before they make first deposit.

 

Wish you luck and let us know what casino you chose for your first session.

 

:hi:

Hi Awena, in the end I chose Rizk casino for my first session, started with Starbust and won $100 on a $0.20 bet, after 15 or so spins! Beginners luck does exist for sure!! :)

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Hi Awena, in the end I chose Rizk casino for my first session, started with Starbust and won $100 on a $0.20 bet, after 15 or so spins! Beginners luck does exist for sure!! :)

 

Yep Starburst can be great for this and great for wagering too! I used to stick it on 30p/40p a spin and set auto play to 250. I'd check my balance after every 250 spins and it was either around the same or a lot more. I had this kind of luck on Starburst for months and even though it's still a great slot which I play a lot I don't have sessions on it like I used to.

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