Help with a definition please

Last post made 3 months ago by SinMore
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  • SinMore
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  • While I was reading the terms for a free chip I purchased in the shop it said "Max cash out = $100, or $0 for players whose gameplay in the past 30 days has resulted in a net win." 

    What exactly is a "net win" is it a cashout?

  • Hello SinMore

    Net win is all the extra winnings you have made from your original bet. Say for example you deposit and bet $100 and you win $1,000. Your net win would be $900. Hope this helps. 

  • So if I had any payoff larger than my bet in the last 30 days then I cant cash out? Even if I bet .50 and had a payoff of 1.00?

    Ok so i'd have to wait 30 days before cashing out, right? Or  do you mean my original deposit not bet? Sorry, im confused lol

  • Sorry but I have to bump this thread. Lets look at what the rule says again. "Max cash out = $100, or $0 for players whose gameplay in the past 30 days has resulted in a net win."  First of all I think KingNemo means "Deposit" not "Bet" So if I deposited $100 and made $1000 then I can see the net being $900. And in this case if I had a net win of $900 the rule is stating I can only cash out $100 of that. So my question is what happens to the remaining $800?

  • Hi SinMore

    Correct, I meant deposit. If you are referring to Winaday $20 Casino Chip from our LCB Shop. 

    "Max cash out = $100, or $0 for players whose gameplay in the past 30 days has resulted in a net win."

    It means that if in the case you have won in the past 30 days (had a net win) you CAN'T cashout the maximum amount of $100 until those 30 days passes. However, if you have a clean slate and you are playing with this FREE $20 Chip, the maximum amount you can cashout is $100 dollars, if you surpass this amount the rest of your funds will be zeroed out as the terms and conditions for this bonus you are only allowed to cashout a certain amount. In this case being $100. 

    Hope this helps and draws a better picture on the situation. idea

  • Yes I am in reference to Winaday Casino free chip. Thank you for clearing that up, the remaining is zeroed. Sorry one last question, because the rules are so vague. The $100 maximum cash out is actually the ONLY cash out I can do, correct? For example if my net win was $90 then I am unable to cash out ? Since the rule states $100 or $0.

  • Hey SinMore

    If you won using the $20 FREE CHIP from Winaday you are able to cashout up to $100 MAX. Soo if you have $90 you are able to withdraw this money as max cashout is $100. HOWEVER, I will reiterate this again. This is separate from this bonus...IF in the last 30 days you had a net win of any sort, THEN you can't cashout and you must wait for these 30 days to pass in order to be able to cashout on this bonus. 

    If you'd like we can contact Casino Rep and they can clarify the situation and give us assurance. 

  • I guess I'll just never understand lol. It's fine I'm actually doing a project and gathering info on these types of promotions. I'll be posting a community poll on this topic soon. Thanks for your replies KingNemo.

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