With these perks, you stand a chance to win real money. However, you can’t withdraw the winnings derived from your bonuses right away, as 1Win imposes certain preconditions on the funds before any withdrawal is made.
Fundamentally, users need to read, understand, and adhere to all requirements associated with the bonuses to claim the winnings they earn.
How to Withdraw Bonus Balance
The 1Win platform has two wallets for keeping your funds. One is for your real cash, and the other for bonuses. You can access your bonus balance in your profile once it has been credited. Note that you can only withdraw it after moving it to the main balance.
Here are the rules you should observe to transfer bonus credits to your main or real money balance for withdrawal:
Review bonus T&C
We don’t put the cart before the horse. And so, you need to go over the T&C (terms and conditions) to which a given bonus is tied before you claim it. The following are the T&C you’ll likely have to fulfill to withdraw your bonus winnings:
- Deadline. Typically, bonus funds are valid for a specified period. So, ensure you wager yours before it expires.
- Wager. You need to bet a specified number of times using bonus money before requesting a withdrawal.
- Making a deposit. Sometimes you may be required to wager real money. In that case, you’ll be asked to make a deposit.
- Maximum withdrawal limit. There are bonuses where you can only withdraw your winnings up to a specified amount. Don’t exceed the set limit.
- Game contribution. Refers to the percentage of different games that contribute towards meeting wagering requirements. Some contribute more, while others don’t. Ordinarily, slots contribute 100% and live dealer games 0%.
- Maximum bet limit. The operator may cap the amount you can stake while completing wagering requirements.
You have to abide by all these rules, as violating any of them can result in the forfeiture of your winnings.
Complete the wagering requirements
Completing wagering requirements entails a couple of things. You have to roll over your bonus the indicated number of times (this may include the deposit). While at it, remember that games don’t contribute equally towards completing wagering requirements. Some may not even be part of the process.
Pay attention to the set limits when betting with bonus funds to avoid the odds of your bonus and winnings being cancelled. Lastly, ensure you complete wagering within the stated timeframe as bonuses do expire.
Note that casino and sportsbook bonuses have their own peculiarities when completing wagering requirements.
WITHDRAW BONUSES FROM 1win CASINO
Complete the KYC process
The KYC (Know Your Customer) process is a requirement that helps gambling platforms identify users. Actually, it is an anti-money-laundering policy that operators must comply with to help fight fraud.
For proof of identity, you are required to submit a clear copy of your national ID card, driver’s licence, or passport. A utility bill not older than 3 months is required to prove your residence.
1Win usually asks you to upload the documents. Alternatively, you can go to the account verification section in your profile and complete the process.
It can take up to 3 days or longer, depending on the number of documents in the queue. You can contact customer support for help with any issues related to the KYC procedure.
As aforementioned, you need to wager to convert your bonus money into real cash for withdrawal. Once you do that, your winnings are automatically transferred to the main balance.
These are the steps to follow to withdraw the winnings:
Access the official site of 1Win. Next, hit the “Login” button and sign in to your account.
Navigate to the Withdrawal page in your profile.
Choose your preferred withdrawal method from the supported options.
Specify the amount of money you’d like to cash out from your account. After that, enter payment details, submit your request, and wait for it to be processed.
It is usually fast for winnings to hit your card, e-wallet, or bank account after submitting your withdrawal request, as long as you’ve passed the KYC test.
Tips on Withdrawing Your Bonus at 1Win
While 1Win withdrawals are generally straightforward, you can make the process easier and quicker by using these tips:
- Choose bonuses with lower wagering requirements. Opt for bonuses with lower play-through requirements, as they are easy to roll over.
- Know which games ooffer 100% contribution. Choose games with the highest contribution towards wagering. A perfect example is slots, which normally contribute 100%.
- Mind the deadline. Bonuses usually have a validity window. So, ensure you complete wagering within the stated timeframe.
- Choose fast payment methods. Work with banking methods that offer instant withdrawals, such as e-wallets, phone wallets, and cryptocurrencies.
- Bet responsibly. Don’t be carried away by winnings from bonus funds and spend most of your time betting. Always balance between your daily routine and betting.
