Honestly, having a withdrawal cap isn't necessarily a bad thing for me, as it makes it very easy to make a withdrawal. If I hit my limit and know that I can't possibly win any more money, cashing out is a no-brainer. There's no second-guessing or feeling like you could be leaving some money on the table.
What I DO have an issue with, however, is when I win a large amount with my deposited money and they still cap my withdrawal as I'm playing with an active bonus.
Most casinos have a rule such as this..
When making a bet, your deposited money will be used first, then bonus money, then whatever is left in the account
Because of this rule, if I win a large amount on my very first spin, I should be able to cancel my bonus and withdraw my winnings. All of it!
The cap should only apply to funds that have been won while using bonus funds, as you would have been done playing at that point because your deposited money would have been lost.
If you really think about it, most of the bonus terms and conditions at an online casino are there strictly to limit the amount a person can win.
I received 10 no-deposit, wager-free free spins once and won about a buck from them. With that $1, I played Razor Shark and turned it into $10. When I was finally done, I had turned that original $1 into almost $400, but instead of celebrating that accomplishment and using it to promote their casino, they capped my winnings at $50.
Am I the only one who feels like they have most of their best wins when under the restrictions of a bonus? I don't think that this is a coincidence.
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