- February 6, 2022
- Comments: 0
- Posted by: 1stladysaloon
Cashable or Non Cashable Casino Bonuses
As mentioned above, there are six types of bonuses (and maybe even more depending on how a casino wants to welcome its new players), but all these bonuses can be placed into two main categories: cashable and non cashable bonuses. They both have their advantages and disadvantages, and to make the right decision while picking a good bonus or an online casino, you’ll need to know exactly what they are.
A bonus is called a cashable bonus when it allows you to withdraw the bonus amount along with the profit you’ve made from your games. So it’s only natural that it’s the more preferred category of bonuses among the two despite it having often stringent cash out limits.
For example, if you deposit ?100 in your casino account initially and apply the code for a cashable 100% match bonus deposit, you’ll have ?200 in your account to play with. If at the end of your session, you’ve managed to make a profit of ?100, then you can withdraw a total of ?300. In case there’s a maximum cash out limit of ?200 applied, then you’ll only be able to withdraw ?200 regardless of how much you’ve won. In our example, the rest of the ?100 will be removed from your account.
Non Cashable Bonus
Non cashable bonus, also known as a sticky bonus, is a type of bonus that can’t be withdrawn by the player. This means that you’ll indeed be given a bonus amount to play with, you can use this amount to win (or lose) how much ever you want, but when you’ve used all the bonus amount and satisfied all the wagering requirements, you’ll only be able to withdraw your deposit amount and your winnings. Unlike a cashable bonus, it won’t convert into spendable money upon satisfying the wagering requirements.
For example, if, just like last time, you open a new account and make a deposit of ?100. However, this time you’re applying a sticky 100% match bonus deposit. This will give you ?200 to play with. Suppose you win ?100 from playing some casino games and meeting the wagering requirements. So while a cashable bonus welcome bonus would have let you withdraw ?300, a sticky one keeps the bonus amount for itself and only gives you ?200, that is, your deposit amount and win.
Juxtaposing the two categories of bonuses may make it look like picking a cashable bonus will always be a better option than going for a sticky one, but the latter has several advantages under its sleeve.
- Sticky bonuses usually have higher percentages than cashable bonuses, most of them being in the 300% range. They allow you to make bigger bets and play for longer, both of which could create a substantial profit.
- Sticky bonuses have fewer and laxer wagering requirements. Some non-cashable bonuses even let players play any game of their choice while cashable ones strictly dictate which casino games contribute towards meeting the wagering requirements. Sticky bonuses also commonly don’t have maximum cashout limits, allowing you to play comfortably and without affecting your play style.
- If your bonus balance expires due to losses, you can cash out the winnings immediately, without the need to exceed the initial balance.
There are many factors you need to know while selecting a welcome bonus, but there are some tips that are exclusive to welcome bonuses. Keep them in mind and you’re casino experience will surely start off the right way.
- Sign up with as many casinos as possible. This way you can decisive link get access to many different types of welcome bonuses. You can explore casino websites for features, bonuses, and play casino games completely risk-free. Then, when you’ve found the ones that you really like, you can commit to an online casino that has proven itself worthy of your time and money.