Can You Cash Out Freeplay from MGM Casinos?

The short answer is – yes, you can cash out any winnings generated from freeplay offers at MGM properties, once you complete the casinos‘ playthrough requirements.

While the freeplay credits themselves cannot be directly withdrawn, any real money you win using freeplay is yours to keep! Let‘s take a closer look at how freeplay works and some smart ways to maximize the value from casino freeplay bonuses.

What Exactly is Freeplay?

Freeplay, also known as free slot play, refers to promotional credits that casinos give players to use on certain games – almost always slots. Think of freeplay as a risk-free way to play, while also giving you the chance to win real cash payouts if luck is on your side.

But it‘s crucial to understand that the freeplay funds themselves are not actual withdrawable cash. You can‘t directly cash out freeplay from your account like a cashable bonus. You first need to meet the casino‘s playthrough rules by wagering your entire freeplay amount at least once.

Any winnings generated from your freeplay are yours to withdraw and pocket once you complete the playthrough requirement. Now let‘s look at how to take advantage of freeplay offers specifically at MGM casinos.

Scoring Freeplay at MGM Properties

There are several ways you can get your hands on some tasty freeplay offers as an MGM casino customer:

• MGM Rewards Points – Members can redeem loyalty points for freeplay credits to use on slots. At a 1 cent per point conversion rate, 10,000 points would score you $100 in freeplay.

• Promotions & Sign-up Bonuses – Freeplay is often included in promotional offers like a new member bonus when you join the casino‘s player‘s club.

• Casino Comps – High rollers and frequent players may get freeplay as part of their VIP comp packages.

• Status Benefits – Higher tiers in the MGM Rewards program gain freeplay perks like monthly freeplay rewards.

Once you‘ve scored some freeplay, head to a slot machine of your choosing and hit the "POINTPlay" button on the screen to load your credits. Now let‘s look at how to make the most of your freeplay balance.

Tips to Maximize Your Freeplay Value

Follow these tips from the experts to stretch your freeplay comp and maybe even line your pockets with some cash:

• Pick slots with the best payout % – Games like Cleopatra, Tipsy Riches, and Raging Rhino offer over 96% RTP.

• Always bet max – You want to maximize your wins when you hit bonus rounds.

• Take it slow – Don‘t rapidly tap spin, take time to carefully consider each move.

• Set loss limits – Determine ahead of time how much you are willing to lose chasing big wins.

• Avoid long shots – Don‘t waste freeplay on ultra low percentage bets hoping to hit the jackpot.

• Play on days/times with better odds – Avoid busy evenings and weekends when slots are tighter.

Withdrawing Your Winnings

Once you‘ve played through your freeplay amount completely, any winnings you built up are now withdrawable cash! Be sure to have a validated payment method set up for your casino account. The process can take up to 48 hours for the funds to reach your bank account or PayPal.

Of course you can also keep playing and try to grow your bankroll even more. But know your limits and cash out once you‘ve reached a solid win target.

Freeplay vs. Cashable Bonuses

While freeplay offers the upside of risk-free play and real winning potential, a drawback is you can‘t directly cash out freeplay funds from your account. You have to play through the credits first.

Cashable bonuses on the other hand can simply be withdrawn as cash instantly once wagering requirements are fully met. But the tradeoff is their playthrough rules are typically much steeper than for freeplay bonuses.

At the end of the day, freeplay gives you a great opportunity to take some risk-free shots at a slot jackpot and maybe walk away with real cash winnings! Just know the difference in how it pays out compared to withdrawable cash bonuses.

Legalities of Using Someone Else‘s Card

Given you can‘t directly cash out freeplay funds, you might be tempted to use a friend‘s or family member‘s freeplay bonus that they aren‘t using. However, this is extremely risky and inadvisable in legal terms!

Most casinos strictly prohibit using another player‘s card. If caught, they can confiscate any winnings you accumulated and even ban you from the property. Simply not worth the risk for a bit of freeplay!

How Free-to-Play Games Earn Big Revenues

You may be wondering how casinos offering freeplay can remain profitable. While real money games allow players to win hard cash, many mobile and social games utilize a free-to-play model by generating revenue through ads and in-app purchases instead.

According to Statista, the total global revenue from free-to-play mobile games is a massive $67.1 billion! The majority comes from Asia at $41.8 billion. Even though the games themselves are free to download, players have the option to progress faster by purchasing upgrades and bonuses.

By contrast, real money online casinos allow players to deposit actual funds and withdraw any winnings. The lure of winning hard cold cash is powerful! But free-to-play games clearly also drive significant revenues through their business models.

Can You Play Free Slots and Still Win Money?

While traditional online casinos require depositing real cash to play for withdrawable winnings, there are some neat legal alternatives!

Sweepstakes casinos have become popular in recent years which allow playing slot machines 100% legally across most US states, with the chance to win real cash prizes. You earn "Sweeps Coins" to play with for free, and any winnings can be redeemed for cash.

Apps like Mistplay reward you with gift cards and prizes for playing mobile games. While you can‘t cash out freeplay from a standard casino directly, these options let you play certain games for free and still win withdrawable rewards!

So in summary, while freeplay itself remains not directly cashable – you can absolutely win real money from it! Just be sure to take advantage of legit sweepstakes games and rewards apps within your state laws.

Thanks for reading and may Lady Luck bless your next freeplay offer with a big cashout!