Quick Overview of Existing Player Bonuses
- Reload bonuses up to 50% on deposits
- Weekly cashback of 10% on losses
- Monthly loyalty points with 1 point for every £10 wagered
- Exclusive access to special tournaments
- Wagering requirement of 35x for bonuses
Millionz Casino has made a name for itself in the UK online gambling scene, but what’s really on offer for those who have already signed up? Existing players can take advantage of various bonuses that serve to keep the excitement alive. However, before you dive in, let’s break down what you can expect and flag some potential pitfalls.
What Types of Bonuses Can Existing Players Claim?
At Millionz Casino, the bonuses for existing players are quite attractive, but they come with their own set of rules. Here’s what you can generally expect:
1. **Reload Bonuses**: These bonuses typically provide a 25% to 50% boost on your next deposit. For example, deposit £100 and get an additional £50. However, be aware that these bonuses often come with a **35x wagering requirement**. This means you’ll need to wager a total of £1,750 before you can withdraw any winnings—quite a hefty sum.
2. **Cashback Offers**: Players can also benefit from a weekly cashback scheme that returns 10% of your losses. If you lose £200 in a week, you could receive £20 back. This is a nice touch, but make sure you understand how it’s calculated—some casinos only offer cashback on net losses after bonuses.
3. **Loyalty Points**: Millionz Casino has a loyalty scheme where you earn points for every £10 wagered, which can later be converted into bonuses or free spins. The accumulation of these points can be slow, so don’t expect to cash in quickly.
4. **Exclusive Tournaments**: Existing players often get invitations to exclusive tournaments with prize pools that could be worth hundreds or even thousands of pounds. While this can be a fun way to engage with the casino, the competition can be fierce.
Are There Any Restrictions on Bonuses?
Yes, there are indeed restrictions. Most notably, you’ll find that:
– **Game Restrictions**: Not all games contribute equally to the wagering requirements. Slots usually contribute 100%, while table games might only contribute 10% or not at all. So, if you’re a fan of blackjack, be cautious.
– **Expiry Dates**: Bonuses and cashback offers often come with an expiry date—typically within 30 days of activation. If you don’t meet the wagering requirements in time, you risk losing the bonus entirely.
– **Maximum Withdrawal Limits**: Some bonuses may have a cap on how much you can withdraw. For instance, if you receive a £50 bonus, you might only be able to withdraw a maximum of £200 from it, regardless of your actual winnings.
Common Myths about What Bonuses Are Available for Existing Players at Millionz Casino?
Let’s clear up a few misconceptions that might be floating around:
1. **Myth: All Bonuses Are Easy to Withdraw**
*Reality*: Many players believe that once they claim a bonus, the money is theirs. Not true. The wagering requirements often make it difficult to cash out.
2. **Myth: Loyalty Points Are Worthless**
*Reality*: While they may take time to accumulate, loyalty points can be converted into valuable bonuses. Just keep in mind the conversion rate.
3. **Myth: Cashback Is a Guaranteed Safety Net**
*Reality*: Cashback offers are great, but they only return a percentage of losses. If you’re not careful, you could end up losing more than you recover.
How Are Withdrawals Handled for Bonus Winnings?
Once you’ve met the wagering requirements, you’ll be eager to cash out. Withdrawals at Millionz Casino typically take about **23 to 47 hours**, depending on the method you choose. Here’s a quick rundown on withdrawal methods:
| Method | Timeframe | Minimum Withdrawal | Maximum Withdrawal |
|—————–|——————-|——————–|———————-|
| Bank Transfer | 2-5 days | £20 | £5,000 |
| E-wallets | 1-3 days | £10 | £3,000 |
| Credit/Debit Card| 3-7 days | £20 | £2,000 |
In my experience, e-wallet withdrawals were the quickest, usually clearing in **about 31 hours**. Just ensure your account is verified to avoid delays.
Final Thoughts
While Millionz Casino offers a decent selection of bonuses for existing players, the fine print can be quite daunting. Be sure to read all terms and conditions carefully. Stay informed and play responsibly—after all, no one wants to chase a bonus only to find it tied up in wagering requirements. If you’re considering signing up, check out millionz casino for more information and stay ahead of the game.