Deposit bonus withdrawl limit query

[Stevo69]

So I deposited $100 to the mr bet site and they were offering 100% bonus so received $200. Within about 10 bets I won a jackpot of $2300 and I’ve continued to play and now have $28,000. I’ve requested a small withdrawal first of $3000. I’ve since been reading the fine print and saw this 

 

7.5.1 The maximum amount that can be withdrawn from bonus funds is capped at 200% of the bonus amount. Any winnings beyond this limit will not be eligible for withdrawal and will be voided.

 

 

does this mean I’m only going to get 200 of $100? Or have I misunderstood 

[Afi4wins]

@Stevo69 Hi there and welcome to the forum.

No, you have not misunderstood. The terms clearly state that the max win amount is capped at 200% of the bonus amount.

Geees...that's awfully low...other casinos are capping at 5x or 10x the bonus amount!

Maybe it's time for you to go and play ELSEWHERE?! 

[Ultras34]

@Stevo69 werry sad storie.. you going to get only 200$ from all this wins i learned on my skin how is take bonus 5x pay and get big hit..never more taking bonus with caped payout..

[cocopop3011]

10 hours ago, Stevo69 said:

So I deposited $100 to the mr bet site and they were offering 100% bonus so received $200. Within about 10 bets I won a jackpot of $2300 and I’ve continued to play and now have $28,000. I’ve requested a small withdrawal first of $3000. I’ve since been reading the fine print and saw this 

 

7.5.1 The maximum amount that can be withdrawn from bonus funds is capped at 200% of the bonus amount. Any winnings beyond this limit will not be eligible for withdrawal and will be voided.

 

 

does this mean I’m only going to get 200 of $100? Or have I misunderstood 

Hi and welcome to the forum - yes unfortunately it does mean your winnings is capped. As Afi said this is extremely low and quite a ridiculous offer to be honest! Assuming you didn’t check these terms before you deposited? 

[Sweet Bonanza]

Really feeling sad after seeing this

[Stevo69]

1 hour ago, cocopop3011 said:

Hi and welcome to the forum - yes unfortunately it does mean your winnings is capped. As Afi said this is extremely low and quite a ridiculous offer to be honest! Assuming you didn’t check these terms before you deposited? 

No didn’t. What’s a good honest online casino in sick of all these thieving ones 

[cocopop3011]

1 hour ago, Stevo69 said:

No didn’t. What’s a good honest online casino in sick of all these thieving ones 

Technically they’re not theiving ones. YES this term is awful but it is up to you to check these before you deposit unfortunately. 

[cocopop3011]

14 hours ago, Sweet Bonanza said:

Really feeling sad after seeing this

It’s really important to always read terms and conditions, so many people get caught out with this 

[Icy]

The dame above me is absolutely, smashingly, head over heels, swept off our feet, correct! Very important to read terms before accepting bonuses.

At 200% max cap that's pretty low for a casino tbh....and that's after completing the casino's wagering requirements.

Would have been so very good to have played in a casino that gives "no maximum cash out limit". Possible but not impossible!

[Maiwen]

The maximum amount that can be withdrawn from bonus funds is capped at 200% of the bonus amount, but if you've won the jackpot and your casino balance still contains your deposit balance, it means you can request an unlimited withdrawal, because you won the jackpot with your deposit balance. Based on my experience with online casinos, that's what I believe.

[cocopop3011]

1 hour ago, Maiwen said:

The maximum amount that can be withdrawn from bonus funds is capped at 200% of the bonus amount, but if you've won the jackpot and your casino balance still contains your deposit balance, it means you can request an unlimited withdrawal, because you won the jackpot with your deposit balance. Based on my experience with online casinos, that's what I believe.

Usually only applies to progressive jackpots which are paid in full - so it would depend on what jackpot he won. 

[Flatzem888]

I thought a 5x cap was low but a 2x is outrageous