The Bonus Wallet is a separate wallet in your MyWinners account that holds promotional bonus funds. These funds are not immediately withdrawable.
Instead, bonus funds transfer into your Cash Wallet automatically as you place bets, according to the rules of the promotion that credited the bonus.
You’ll see your Bonus Wallet balance listed separately from your Cash balance in your account overview.
$250 bonus cash for new MyWinners accounts
New customers can receive up to $250 in bonus cash when creating a new MyWinners account.
This offer credits 50% of your first deposit, up to a maximum bonus of $250.
Examples:
Deposit $100 → receive $50 in bonus cash
Deposit $500 → receive $250 in bonus cash
Bonus funds are added directly to your Bonus Wallet once your first deposit is completed.
How to claim the MyWinners $250 bonus
To qualify for the bonus:
Sign up at https://app.mywinners.com/#/signup
Complete your profile details via Menu → Profile
Enter promo code MW250 at the bottom of your profile information
Make your first deposit (up to $500)
Once your deposit is confirmed, 50% of the deposit amount will be credited automatically to your Bonus Wallet.
How the Bonus Wallet converts to cash
Bonus funds do not need to be selected or manually used.
Each time you place a bet, 10% of the value of that bet is automatically transferred from your Bonus Wallet into your Cash Wallet.
Example:
Place a $50 bet → $5 moves from your Bonus Wallet to your Cash Wallet
Place a $100 bet → $10 moves from your Bonus Wallet to your Cash Wallet
This transfer happens instantly when the bet is placed.
Where to see Bonus Wallet transfers
You can view bonus-to-cash transfers at any time:
Open Menu (top left)
Select Transaction History
Look for a line item showing a manual bonus amount added to your Cash Wallet
This confirms that bonus funds have successfully converted into cash.
Withdrawals and bonus funds
Bonus Wallet funds cannot be withdrawn directly
Converted cash can be withdrawn once all wagering requirements are met
Initial deposit funds must be bet before withdrawals are processed
Refunded or cancelled bets do not count toward bonus conversion.
Eligible deposit methods
Only deposits made using the following methods qualify for the bonus offer:
Credit or Debit Card
PayNearMe
Venmo
ACH
PayPal
Bitcoin
Additional Terms & Conditions
Must be 18 years or older (21+ in AL, AZ, IA, IN, KS, NH, ND, WA)
Offer valid for new online MyWinners accounts only
Account must be in good standing
Offer cannot be combined with any other promotion
Refunded or cancelled bets do not count
Void where prohibited
All management decisions are final
Certain exclusions apply
💡 Did You Know? There’s no button to “use” your bonus. Bonus funds are released automatically as you bet and appear in your Cash Wallet right away.
Frequently Asked Questions
What is the MyWinners Bonus Wallet?
What is the MyWinners Bonus Wallet?
The MyWinners Bonus Wallet is a separate wallet that holds promotional bonus funds and automatically converts them into real cash as you place bets.
Can I withdraw money directly from the Bonus Wallet?
Can I withdraw money directly from the Bonus Wallet?
No. Bonus Wallet funds must first convert into cash through betting before they can be withdrawn.
How quickly do bonus funds convert into cash?
How quickly do bonus funds convert into cash?
Bonus funds convert instantly at a rate of 10% of the value of each bet you place.
Where can I see my bonus conversions?
Where can I see my bonus conversions?
Converted bonus funds appear in your Cash Wallet and are listed in Transaction History as a manual bonus credit.
Do refunded or cancelled bets convert bonus funds?
Do refunded or cancelled bets convert bonus funds?
No. Only settled bets count toward bonus conversion.