Welcome to "How to Withdraw Winnings"
To withdraw winnings from your online bingo account will vary from site to site. As most bingo sites offer deposit bonuses and other bonus monies, you may end up receiving 3-4 bonus dollars to every real dollar you deposit. This is great in that you get a good value for your buck and get to play longer but has created a variable not associated with land based bingo. These sites that offer bonus monies have developed a system called play through to level the playing field so to speak. You may have to wager your deposit money and bonus money from 2 times to 15 times depending on whether you play bingo only or casino games as well. Many online bingo sites also offer slots, video poker and other casino games. Playing the casino games will almost always place you in the higher play through bracket as it is easier to rack up winnings playing slots and other casino games. We will try to explain this to you here.
Let's say you make a deposit for $50. You receive a 200% deposit bonus. This means you would get an additional $100 in bonus money. If you played bingo only at a play through of 3 times you would have to multiply your $50 x 3 = 150 and your $100 bonus x 3 = 300 add the 150 + 300 = 450. You would have to buy $450 dollars worth of bingo cards before you would be able to withdraw your winnings. So in order to withdraw your winnings you will need to get a couple good bingos under your belt first. Being that you start with $150, if you play smart and the lucky bingo balls fall your way you are good to go.
Keep in mind all sites have different rules when it comes to how much you have to wager before you can cashout. You would need to see the sites rules on that. Once you have been informed that your cashout has been approved you will be asked in which manner you want to withdraw. USA players have been using either Ewalletxpress, Western Union or Wire Transfer; and in some cases, you can be mailed a Check. Chat with Live Help or write a Support Ticket on site, and they can let you know which way there site pays out withdrawals.