There are so many different casino bonuses around that it can be tricky to know what they're all about. Cashable bonuses are among the most popular, but it's important to know what they involve before you claim them.
That's what we are going to look at here.
What are cashable casino bonuses?
The clue is in the name. If a casino bonus is cashable, it means you can withdraw the bonus amount. However, you can only do this if you complete the wagering requirements connected to that deal. You should find them listed alongside the offer, albeit often in small print.
They work like this:
- A casino may offer 100% on top of a deposit of $30 or more
- You deposit $30 and get another $30 as the cashable bonus
- This means you get $60 to play with
- You then need to meet the wagering requirements before withdrawing any winnings
If you end up with enough winnings to give you a balance after completing the wagering requirements, everything remaining can be withdrawn.
How common are these bonuses?
Not that common, but that makes sense as the casino offers bonus funds that the player can withdraw if they tick all the boxes for those wagering requirements.
It is far more likely that you would find a sticky bonus at a casino. This bonus type earned its name from the fact that the bonus stays with the casino, rather than being available for you to withdraw.
In the above example, the same scenario might play out. Yet the amount left in your account would have the bonus $30 cash deducted from it before you got your payout.
Stay alert for the best cashable bonuses online today
Now you know how these bonuses work, you know how much potential they hold. Fortunately, we make it easier for you to find the best casino bonuses. Since they're not the most common ones to spot, it makes sense to look for them whenever you can.