The Onyx Odds redemption process checks all the boxes for what you need from a sweepstakes casino. It has a low 20 Onyx Cash minimum, which trumps the 50 – 100 Sweeps Coin (SC) minimum requirement on other sweepstakes betting sites.
Onyx Odds offers only a sweepstakes betting service, with odds that rival many traditional online betting sites. This makes it a great option for real bettors looking to have fun. With the option to redeem Onyx Cash winnings, you’re getting the full sports betting experience. If you’re unfamiliar with its redemptions, this article will cover everything you need to know.
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Onyx Odds Highlights
- Sign-up bonus: Get 200 in Bonus Picks
- Explore popular sports like basketball, football, hockey, and soccer
- Choose from a variety of betting types, including moneylines, spreads, and parlays
Onyx Odds redemption times
If you ask, “How long does Onyx Odds take to redeem?”, the answer you get might vary. This is due to differences in circumstances from one player to the next. In general, an Onyx Odds redemption can take up to 20 days to reflect in your account, and sometimes as little as three days. This can change depending on several factors, including verification status, redemption amount, and your banking institution’s processing speed.
For players trying to maximize their monthly redemptions, it’s best to understand which method is best for you. Below is a detailed breakdown of all available redemption methods and their expected processing times:
| Redemption Method | Processing Time | Advantages |
| PayPal | 3–7 Business Days | The fastest way to receive funds. Must be a verified account. |
| ACH Bank Transfer | 5–10 Business Days | Reliable and direct. Works via Trustly for most US banking institutions. |
| Check by Mail | 10–20 Business Days | A traditional option available upon request if digital methods aren’t an option. |
Onyx Odds maximum limit
As a player at Onyx Odds, it’s important to understand the maximum limits that Onyx Odds has for redemptions on the platform. These restrictions have been implemented by the platform in order to minimize fraud, and due to state laws, like in Florida and New York that implement limits on sweepstakes operators. Other restrictions that Onyx Odds has to abide by regard U.S. sweepstakes law, which requires identity verification and age restrictions of 18+ (depending on state laws).
Onyx Odds has weekly and monthly limits totalling up to 5,000 OC per month, which can be increased when you reach Platinum VIP rank on the platform. Below is a breakdown of the maximums and minimums required to redeem from Onyx Odds:
| Limit Type | Maximum Amount | Details |
| Weekly Limit | 1,000 OC | Maximum you can redeem per 7-day rolling period.
|
| Monthly Limit | 5,000 OC | Total redemption cap per calendar month. Resets on the first of each month. Can be increased through VIP rank. |
| Minimum per Transaction | 20 OC | Lowest amount you can reddem in a single redemption request. |
| Verification
| Required before first request | Redemptions above this amount require additional identity verification before processing. |
The Onyx Odds redemption process – A step-by-step guide
To process a redemption on Onyx Odds, you need to meet the playthrough requirement, have enough redeemable Onyx Cash, and have a verified account. Additionally, if you didn’t enable the geolocation feature for one reason or the other, you will need to do so to proceed. If everything is set up correctly, you can follow these steps to redeem your OC winnings:
-
Log In to Your Account:
Launch the Onyx Odds app and enter your username and password using a secure connection. Skip the public Wi-Fi and keep your account safe from hackers.
-
Find Your Account Settings:
Look for the “Account” button at the bottom right of your screen. Tap it to access your dashboard and view your balance information.
-
Hit the Redeem Button:
Spot the “Redeem” button at the top of your Account page and tap it. If it’s greyed out, complete the KYC process to make sure that your account is Verified first.
-
Enter Your Amount:
The app will ask you how much you want to withdraw. Enter 20 OC or more, up to your redeemable balance, keeping the limits in mind for both monthly and weekly.
-
Confirm & Submit:
Select ACH, PayPal or check as your redemption method and verify the necessary details. Double-check everything, then tap “Redeem” to submit your withdrawal request.
Congratulations!
You should receive emails as the redemption process progresses and, depending on your method, the funds will be deposited within the time constraints.
Important Tip:
Make sure to keep your confirmation reference number for your records in case you need to contact Onyx Odds support.
Getting redeemable Onyx Cash
There is only one way to get redeemable Onyx Cash, and that is by placing social wagers on the site. This only applies to wagers you place using any free Onyx Cash you receive from promotions.
Each time you place a wager and win, the Onyx Odds you get become redeemable. This is because Onyx Odds has only a 1x playthrough requirement on all free Onyx Cash. You can see the exact amount of redeemable Onyx Cash you have by going to the Account section of your profile. At the top of the screen, you’ll find your Onyx Cash Balance, and below it, the amount you can redeem is shown in a much smaller font size.
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Bet on your favorite teams at Onyx Odds
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Play on the go with the Onyx Odds mobile site
Onyx Odds redemption terms and conditions
The Onyx Odds odds service is quite enticing, but you must remember that it isn’t running a charity. If you misuse its bonuses or features, you’re sure to miss out on any potential redemption.
To stay ahead of things while using Onyx Odds, you should take note of the various redemption terms and conditions on the app. I provide a summary and an in-depth explanation of these terms and conditions below:
| Term | What it means |
| Playthrough requirement | 1x |
| Minimum Onyx Cash | 20 Onyx Cash |
| Redemption speed | Up to 30 days |
| Pending redemptions | One redemption every five days |
| Restricted states | AL, CO, CT, ID, LA, MD, MI, MT, NJ, NY, NV, TN, WA, WV |
| Minimum age requirement | 18+ |
| Odds required for eligible Onyx Cash | -500 or longer |
| Ineligible for redemption | Onyx Cash won from Onyx Cash Out or mini games like Onyx Blackjack |
| Maximum redemption limit | 1,000 Onyx Cash per day or 5,000 Onyx Cash per month |
| Onyx Cash validity | 30 days |
Onyx Odds has a low minimum redemption requirement of 20 Onyx Cash. This means you must play games until you have at least 20 redeemable Onyx Cash in your wallet balance before the operator will process your request.
💳 Onyx Cash Out Redemptions
The Cash Out option lets you end a bet early on Onyx Odds. This means you can secure profits before the end of a match, to ensure that any swing in momentum doesn’t affect you.
Although the Cash Out option offers a huge benefit to bettors, Onyx Odds sees it as an unfair advantage on its app. To control this advantage, Onyx Odds will not add any Onyx Cash you win through the Cash Out feature when counting your redeemable Onyx Cash.
For an Onyx Odds redemption, you must place wagers with odds of -500 or longer. This means that in games where there is a clear favorite, your winnings won’t count towards redemption.
From what I’ve seen, you’re likely to see this huge odd gap in live matches. I saw an example of this at Onyx Odds in a live Table Tennis game between Krzysztof Wlockzko (-500) and Grzegorz Poliniewicz (+310).
🎲 Playthrough Requirement
Onyx Odds has a 1x playthrough requirement on all free Onyx Cash you receive. This is a low requirement, and it means you need to wager your free Onyx Cash at least once to be able to redeem the winnings.
🧑🎓 Minimum Age Requirement
Onyx Odds only accepts users who are 18 or older. There is usually an identity check before purchases or redemptions to ensure you’re within the acceptable age range to play on the site.
The minimum
Onyx Odds age
requirement may also change depending on your location. This is to align with the local laws, and only applies to age requirements higher than 18 years.
📍 Geolocation Requirement
Onyx Odds is not legal in all US states, and you can only play from a location where its service is legal. The operator will request proof of address during your account verification, and the site utilizes a geolocation feature to confirm that you are within a legal state.
You can choose not to allow the geolocation feature to track, but this will gray out the redeem option. To process a redemption, simply allow the
Onyx Odds app
to verify your IP address and location.
Onyx Cash isn’t available forever, and it does expire if you don’t use it for 30 days. So, if you’re going to be away for a while, you should first play with your free Onyx Cash and process a redemption if you can.
The expiry period of Onyx Cash is much shorter than what you get on other sweepstakes gaming sites, which is a minor inconvenience. Additionally, your account also becomes inactive if you don’t log in for 30 consecutive days.
Onyx Odds Social Betting Promo
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What currencies do you spend on Onyx Odds
Onyx Odds is a sweepstakes sports betting site, utilizing virtual currencies for its operations. Similar to other sites, it uses a Gold Coin (GC) and Sweeps Coin (SC) option, but under different names:
- Onyx Coins:
This is the GC on Onyx Odds that lets you place social sports wagers for fun. You can get these Onyx Coins through bonuses or optional purchases, but you don’t have an option to redeem them.
- Onyx Cash:
The Onyx Cash plays the role of the Sweeps Coin on Onyx Odds, and you only get a limited amount of this currency through bonuses. There is an option to redeem Onyx Cash winnings, but you must meet various requirements.
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T&Cs and 18+ apply
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US states where you can redeem real money prizes from Onyx Odds
I love sweepstakes sites that provide all the necessary details to keep you informed. I found a lot of information on the site, but I had to be more thorough when searching for the Onyx Odds legal states. Contrary to the five states listed on its Terms of Service and Sweepstakes Rules pages, the FAQ on its home page provides a more detailed list of 14 states where it doesn’t operate:
- Alabama
- Colorado
- Connecticut
- Idaho
- Louisiana
- Maryland
- Michigan
- Montana
- New Jersey
- New York
- Nevada
- Tennessee
- Washington
- West Virginia
As a sweepstakes casino, Onyx Odds offers several options for you to get free Onyx Coins and Onyx Cash. You need a lot of free Onyx Cash to be able to process a redemption, and these are the top bonuses I found on the site.
The Onyx Odds welcome bonus for new players is a 1,000 Onyx Coins offer. You don’t get any Onyx Cash from this offer, meaning you only get to play in its free play mode until you find a bonus that rewards Onyx Cash.
Claiming the Onyx Odds first purchase bonus is optional, but offers decent rewards. The offer allows you to spend $10 to get 100 in Free Picks. I got a notification of the offer in my email, and was directed to use the Onyx Odds promo code ONYX. When you make your first purchase, you also get free Onyx Cash. This is a great way to grow your balance, considering you don’t get Onyx Cash with the sign-up bonus. Onyx Odds may not be a
$1 minimum deposit sports betting
platform, but this first-purchase offer says a lot of positive things about the site already.
Onyx Odds is looking for ways to grow its community, and you’ll get a reward if you can help. For inviting a friend, the
Onyx Odds Refer a Friend
bonus will reward you with 25 in Free Picks when they make their first purchase. You must share your personal referral link with your friend, and he/she must sign up using that link. You can find this link by going to the Account tab and tapping the “Copy Your Personal Link” button.
I’ve been on lots of sweepstakes sites, and finding one that doesn’t offer a mail-in bonus is much harder than you think. However, the quality of the bonus is what matters. Fortunately, Onyx Odds offers one of the top mail-in bonuses available. You get 5 free Onyx Cash for every request you send, but you can only send 100 requests per sweepstakes period. Onyx Odds will only acknowledge your request if it’s handwritten and contains a unique postal request code. You can generate a postal request code from the Account tab on the site.
These appear at random, and they can include a parlay boost or coinback offers that are only available for a short time. Some of these offers may also appear on the Onyx Odds social media pages.
Conclusion – Enjoy competitive odds and live bets on Onyx Odds
If learning about the 20 Onyx Cash minimum redemption gets you pumped for this social betting site, then you should read my
Onyx Odds review. In that review, I talk about its sports markets, compare its odds to what you get on other betting sites, and also do a quick rundown of its live bets and other betting markets.
To get a feel of the Onyx Odds platform, you can sign up using our banners to receive a 1,000 Onyx Coins bonus. You can spend this bonus on spreads, totals, or moneyline wagers in the NFL or NCAAF markets.
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Onyx Odds redemptions – FAQs
🎲 Does Onyx Odds offer live bets?
Onyx Odds has excellent live bets, and you can also find futures, props, and totals.
💰 What is the minimum redemption on Onyx odds?
You can process a redemption with as little as 20 Onyx Cash in your redeemable wallet.
🆓 Can I place wagers for free on Onyx Odds?
Onyx Odds lets you place free wagers, but you need to set up an account to do so. The registration process takes less than five minutes, and you get 1,000 Onyx Coins for your troubles.
