Cashable Bonuses

The most common online casino bonus type is the cashable one – this is a bonus, which can be withdrawn after the promotion's wagering requirements are met. A simple example is a 100 percent match bonus that awards a 100-dollar prize and featuring a wagering condition of 30 times. That would mean that after the bonus amount was deposited in the player's account, they would have to place wagers the total sum of which exceeds 30 x 100 dollars, which equals 3000 dollars before the earnings made through that bonus sum can be withdrawn into players' bank accounts.

Acquainting oneself with the Unique Rules of the Online Casino

Reading the online casino's terms and conditions is always a must for every player that wants to be fully acquainted with the details surrounding the site's cashable bonuses. All the limits regarding the use of these promotions will be listed there. Certain game types will be unavailable. Roulettes, Craps, Sic Bo, Blackjack, and Baccarat are often not available with cashable bonuses. Blackjack, in particular, doesn't give the house a lot of advantage, which makes it the preferable game as far as players are concerned. Other games with low house edge percentages are Jacks or Better (usually located in the site's Video Poker section), Texas and Casino Hold 'em, 3-Card Poker: Ante & Play, and 3-Card Poker: Pair Plus.

Coming Up with a Strategy

Since the main goal is to satisfy the bonus's wagering requirement successfully, players can also consider using a lower bet range. It will reduce the risk of running out of funds before the promotion's conditions are met, but it will also increase the time players will be forced to spend before taking advantage of the funds they have acquired. Developing a strategy that involves, for instance, big bets with more profitable games and then resuming with smaller, safer bets is also advisable. An equation that players can follow as a basic guideline is that the profit of a cashable bonus is equal to the average wagering times the house edge.

Exceptions to the Norm

Unfortunately, there are also online casinos, which do not award the prize promised in the cashable bonus until the wagering requirement is completed. These promotions are called "Post-wager" as opposed to the regular cashable bonuses – "Pre-wager." Certain casinos also offer players the opportunity to utilize the bonus amount before completing the wagering requirements.