How Does the Amount of Bonus Affect Payouts
As a member of any one of the most popular casinos online, you may have had a different experience with payouts. Because every payout is determined by the institution or company handling the payout, you may wonder: How does the amount of bonus affect payouts?
Let's use Liberty Slots Casino as an example. We know that this casino has been touted as having the best customer service of all casinos. In addition, their payout practices are beyond reproach. In fact, several players have boasted that LibertySlots pays quicker than other popular casinos.
How, then, does the amount of bonus affect payouts? The answer may lie within each casinos payout procedures and specifically the "payout type." The questions need answers to are: What is the casino's hours of operation? Do they process payouts on weekends? What form of currency do they utilize for payouts?
At Liberty Slots USA, the minimum withdrawal is $30 per day and the maximum is $5,000 per week. This is important because if the amount is greater than $5,000, it is then divided into parts and paid out on consecutive weeks until the full amount is paid.
What about bonuses? Liberty Slots USA Casino takes bonuses and places them in your account under bonus credits. When you place a bet and win, the initial bet is returned to the bonus account and the winnings are placed in your cash account. The more bonuses you win, the more dollars you accumulate in your cash account. Each casino has a different bonus structure that converts bonus credits into cash.
So how does the amount of bonus affect payouts? Basically, it is affected through the processing or payout type. For example, Liberty offers several payout types: Bank Wire, QuickCash, UseMyWallet, Neteller, Click2Pay, My Cidatel, Moneybookers (Skrill), and ECO. Each of these payout companies, in some cases, may charge a fee. All, however, have a minimum and maximum payout amount.
For example: Neteller does not charge a fee for payouts. The minimum amount that can be paid out is $30 and the maximum is $5000 per transaction. Conversely, QuickCash charges a $35 fee. The minimum you can withdraw is $300 and the maximum is $950 per 72 hours.
Therefore, the amount you want to withdraw is determined by the minimum and maximum amount as required by the pay out company. So to answer the question, while the amount of bonus only affects payouts to the point at which the withdrawal exceeds the amount you can withdraw - the answer is yes.
The solution then would be to use a payout company that does not charge a fee so that your winnings are not decreased significantly. Also, it may be prudent to use a pay out company that allows a maximum payout of $5000.
When deciding upon what casino you wish to join, read the "payout" section on their website so that you easily ascertain if they offer a payout system that meets your needs.