How our Bonus Money works.
Bonus money is awarded with the specific hope that members will use it to win more money in the casino. As a result, our bonuses come with a wagering requirement so that the bonus money may not be withdrawn from the casino itself until you have met the wagering obligation.
This is always set in the terms and conditions accompanying the bonus promotion you are playing for. Please read on to see how you play with our bonus money. How does the bonus program work? When you wager in the casino, the money you wager with first will always be from the funds that you have deposited into the casino. You continue to play and wager until you meet the minimum-wagering requirement or decide to cash out.
How much can I cash out and how much will that be?
Let's assume that our casino has offered you a bonus of $250 if you deposit $250 or more. Our terms and conditions state that we ask that you please wager at least 20 TIMES the combined value of the deposit and bonus before being granted the right to withdraw the bonus amount.
1. You have a new account with a deposit of $250 and get a bonus of $250.Your total balance is $500.
2. Your first Blackjack wager is $20.00.
3. If you win the bet of $20, the casino will place the $20 you have won into your casino account adjusting this balance from $500 to $520.
Of course, if you were unlucky on your first wager, your balance would decrease to $580. If you were to cash out at this point, your total available cash balance that can be withdrawn is $270 if you won your wager and $230 if you lost your wager.
*Please note! If you wish to cash out before fulfilling the wagering requirement, you may do so, but you are restricted to cash out what is available in your casino account less any funds that were granted to you in bonuses.
It is important for you to be aware that if you cash out prior to fulfilling the wagering requirement, your bonus will be removed and forfeited back to the casino.
How do I know how much I can withdraw?
In order to know exactly what is available to withdraw, please click on "Cashier." You will see your "Webdollar balance" which is your casino balance and your "Max Withdrawal" balance which is the amount you can withdraw. If you have fulfilled your wagering requirement, then both balances will be the same. If you have not fulfilled your requirement, your "Max Withdrawal" balance is the sum of (total balance - bonus granted = max withdrawal). In summary, the rules of the bonus system at our casino are as follows:
1. You wager with your own funds first and foremost.
2. If you decide to cash out before fulfilling the wagering requirement, please bear in mind that you may only withdraw your casino balance less the amount of the bonus granted. (Total balance - bonus amount = max withdrawal).
3. If you decide to cash out before fulfilling the wagering requirement, please bear in mind that you will forfeit any additional bonus funds back to the casino.
If you have any questions regarding our bonuses or restrictions concerning them please contact us at: support@jackpotpalace.com.
