You have a chance to score some really big wins with the $1,000 no deposit bonus, whenever you come across a casino that offers it. However, winning a big score is one thing; being able to withdraw it all is a totally different game altogether, thanks to the maximum cashout limit clause!
There is a limit to the maximum you are allowed to cash out from the total winnings you score with a $1,000 no deposit bonus; anything more than the cashout limit is removed from your account. We will use an example to understand how this condition works.
A casino offers a $1,000 no deposit bonus with a wagering requirement of 60x your bonus and a maximum cashout limit of $700. You use the bonus and win a total of $1,200 with it.
Once you have fulfilled your wagering requirements and made the minimum required deposit, you will be able to redeem only $700, because that is the cashout limit – the remaining $500 is removed from your account.