Online casinos are always looking for new ways of attracting players to their casino. One might think that having a cool, user-friendly website with thousands of slot machines and the best Live Casino would be enough, but that’s just not the case anymore. 

Those days are long gone and in an ever-competitive marketplace where new casinos open their virtual doors every week, great bonuses are the best way to attract new players. A casino will usually offer a range of promotions that are tempting and really hard for you to resist. One of the very best examples of this is the cashable bonus.

How does the cashable bonus work?   

Simply put, a cashable bonus is a bonus given to you by an online casino that you can transfer from the casino to your bank account once the wagering requirements are met. 

Let’s say the casino offers you a 100% bonus up to 100 dollars with a wagering requirement of x 30. This means you will have to wager 6,000 dollars (200 x 30) before you can make a withdrawal of funds won using the 100-dollar bonus. 

If you successfully meet the wagering requirements, you can withdraw your initial deposit of 100 dollars and any winnings. The casino will usually keep the money they gave you as a bonus before making any payments, but a cashable bonus means you keep the bonus money and it will be paid to the bank account of your choice.

Benefits of the cashable bonus

Being able to withdraw the bonus may not sound like a big deal, but let’s not forget there are online casinos offering thousands of dollars in bonuses. Therefore, the cashable bonuses give you the opportunity to make some serious cash and you get to keep the bonus money as well!

As long as you meet the wagering requirements, you will at the very least double your money!

No deposit cashable bonus

In most cases you will have to make a deposit of real money to get a cashable bonus, but in some cases casinos will go to the extreme and offer you a “No deposit cashable bonus”.

There are however, some requirements which will vary a lot from one online casino to another and you will have to keep your eyes open at all times, as this is not a bonus that is being offered up often.

Where can you find a cashable bonus?

As with any other bonus, it is quite time consuming keeping up with all the different offers from hundreds of casinos online. But don’t worry, Casino Hacks is here for you! We will keep you up to date with all the best bonuses from old and new casinos, and our casino reviews will always take a closer look at all bonuses on offer.

Cashable Bonus VS Non-Cashable Bonus (sticky bonus)

Cashable Bonus:

  • You may withdraw the bonus amount with your winnings
  • Counts towards the playthrough requirements
  • Often have lower wagering requirements
  • Usually comes with no limit on withdrawal amount

Non-Cashable Bonus:

  • The bonus amount must be “paid” back to the casino before making a withdrawal 
  • The bonus will stay with the casino, hence the term “sticky bonus”
  • Bonus amount is often higher than cashable bonuses
  • Only used to increase your bankroll
  • Wagering requirements are usually higher

As mentioned, the cashable bonus is far from the easiest to find online, so we would recommend that you also familiarize yourself with the more frequent “Free Money bonus.”