If someone gives you a bonus, you expect to be able to keep the money when you’re done clearing that bonus. That’s exactly what happens in a cashable bonus, which is the most common type of bonus offered today by online casinos.
What is a Cashable Bonus?
A cashable bonus is any online casino bonus that lets you keep your bonus money at the end of the bonus period. This is what most people expect to happen after they clear a bonus; after all, if the money is in your account, you should be able to keep it!
Typically, a cashable bonus will be structured as a matching bonus that will match a certain percentage of your deposit with the casino’s own money. If this is a cashable bonus, at the end of the bonus term, you’ll be able to keep any of the remaining bonus money and use it however you like. Not the worst thing in the world for playing blackjack online!
The alternative to a cashable bonus is what’s known as a sticky bonus – one where you can play with the bonus money given to you, but you cannot withdraw it from your account. For more information on these bonuses, see our article on sticky bonuses.
Finding a Good Cashable Bonus
There are two major things to consider when figuring out which cashable bonuses to take advantage of. First of all, you’ll want to get a bonus you can really take advantage of. Look for a bonus that offers a high matching percentage, while also giving you a bonus on the entirety of your deposit. If you want to put $500 into a casino account, it really doesn’t make sense to use a bonus that comes with a maximum bonus amount of $250. There are bonuses available for players who want to make deposits of any size, so don’t settle for the first bonus you see if it’s not right for you.
Perhaps even more importantly, be sure to check the terms and conditions of a bonus, as this can often be the difference between a bonus you’ll enjoy clearing and one that will feel like a nightmare. The terms of cashable bonuses can vary greatly from casino to casino, so don’t make assumptions – take a look at the conditions associated with the bonus before depositing your money.
For instance, some casinos may let you play any games you like while clearing your bonus, while others may restrict your bonus play to only certain games. You’ll also want to keep track of how the casino will allow you to play the games; often times, the casino will outline certain strategies or systems that they consider “bonus abuse,” which may void your bonus if you attempt to use them.
Finally, make sure to take a look at the rules regarding withdrawing your money during the bonus period. While few (if any) casinos will prevent you from withdrawing your own money at any time, doing so may void your bonus in its entirety – possibly including any winnings you may have made from that bonus. You’ll also want to make sure that there are no special rules or restrictions based on the country you’re playing in, or other factors.