You can find more details about cashable bonuses below the table but just to keep it short: cashable casino bonuses are the ones that you’re looking for. I mean if you wish to have a reasonable chance to win some money.
On the opposite side stand that phantom/sticky bonuses. Sticky bonuses are the ones that cannot be withdrawn and serve for play through purposes only. Those tend to offer higher bonus amount and percentage and due to that appear more lucrative to some players, while in fact they diminish your chances of “walking home” with some cash.
Bottom line is: cashable bonus increases your chances of winning and in some cases, can even place your odds above the casino. Here you can find our list of best cashable casino bonuses and also more detailed explanation on how casino bonuses work and what you should pay attention to.
How Casino Bonuses Work
It’s pretty obvious that bonus is an incentive given to players to sign up or deposit into certain online casino. Bonuses that are given without deposit are called Free or No Deposit bonuses, while those that require a deposit are referred as match bonuses.
Those two types are very different in their nature. No deposit bonuses are free and therefore there is no harm in using them, but they are usually given one time upon registration and the amount tend to be low: 5, 10 25 pounds/ dollars / euro.
The main drawback of no deposit bonuses is that they always carry max cashout limit. Meaning even if you hit 5,000,000 jackpot – the amount you can withdraw is usually five times the bonus amount and rarely crosses 100 GBP/USD. That can be quite frustrating and kind of keeps you in between real money and just fun play mode. For most of us it’s not enough, we go to casinos to have that thrill / dream of winning big, not winning a meal in McDonald’s.
However, I know many players that do use free chips to fund their game play and that’s enough for them, so it is a matter of your personal taste.