If you win $30 with Punt Casino’s no deposit Free Spins, you must wager $1200 to convert your winnings to real money. This is because Punt Casino’s no deposit Free Spins come with a 40x wagering requirement.
$30 Free Spins win x a 40x wagering requirement = $1200 to wager.
So, once you’ve staked a total of $1200, any remaining bonus fund will be transferred to your cash balance. However, since the Free Spins also come with a $100 win cap, you can’t cash out more than $100 of your winnings.