The short version
A max cashout rule limits the amount you can withdraw after using a bonus. Even if your winnings go beyond the cap, the casino may only allow you to cash out the maximum stated amount.
Example
Imagine a bonus has a max cashout of EUR500. If you clear the wagering terms and end with EUR1,200 in bonus-linked funds, the allowed withdrawal may still be limited to EUR500.
| Cleared balance | Max cashout | Possible withdrawal |
|---|---|---|
| EUR1,200 | EUR500 | EUR500 |
Why this changes offer value
A max cashout rule can make a large headline bonus much less attractive than it first appears. That is why it should be read together with wagering requirements, game weighting, and RTP.
Bonus size is one of the easiest numbers to advertise and one of the least useful numbers if withdrawal caps,
short expiry windows, or poor weighting rules sit underneath it.