Do you know what is a sticky casino bonus? What are the implications? This article will help you better understand what a sticky bonus is and its implications.
Almost all online casinos offer sign up bonuses to new players. This is standard in gambling business in order to catch your attention. But there are different types of bonus offers, and it is very important for you to read through casino bonus terms and conditions and to understand all the rules to avoid surprises when you win. Almost all problems players have with online casinos come from the player not sticking to the house rules and not from a lack of honesty of the casino. You must always read the casino rules.
In this article I’ll try to explain you what is a Sticky Bonus, and all its implications.
When you sign up at a casino, the casino usually offers you a sign up bonus as a percentage of your first deposit, like 100%, 200%, or even more. Microgaming casinos usually impose you some conditions like wager requirements and Game Exclusions. After you fulfill these requirements you are able to cash in your winnings, including the bonus given to you by the casino. If you deposit $100, receive $200 in bonus and it happens you win some money and end up with a balance of $800, you will be able to withdraw all these funds from your casino account.
A sticky bonus is a bonus given to you with your deposit but it is deducted from your first cash in. Looking at the above example, it means that when you withdraw $800, the casino will pay you $600. $200 will be deducted from your winnings and removed from your account. The casino doesn’t really give you free money. It lends you money in special conditions. If you win, you will have to pay back this money; if you loose, you don’t have to pay anything.
A sticky bonus helps you to make larger bets, because it expands your bankroll, and it usually has better wager requirements attached than other bonuses. A casino who offers you a cashable bonus usually requires from you a playtrough of 15 to 30 times your deposit plus bonus. A casino who offers you a sticky bonus usually requires much less play to allow your first cash in. Let’s look at an example:
Sticky Bonus terms and conditions example
- All PLAY BONUS credits are for wagering purposes only. No withdrawal will be honored for an amount less than the PLAY BONUS. Upon your FIRST withdrawal (regardless of the number of deposits), any amount up to the equivalent value of the PLAY BONUS will be deducted from your play balance or winnings prior to settlement. The first credits wagered will be deducted from your deposit(s) rather than from the PLAY BONUS.
- By claiming this promotion, all forms of Craps, Roulette, Baccarat, or Sicbo cannot be played until you have cashed in after wagering 4X the total amount deposited or your play balance reaches zero. Failure to comply will void any and all winnings, as well as play bonus credits, and may result in your account being locked at the sole discretion of the casino.
Look at the first clause. It refers to the bonus as a Play Bonus, given to the player for wagering purposes only. It also says the bonus will be deducted from your balance when you request a cash in. this is a typical example of a sticky bonus. The second clause refers to the wager requirement and game exclusion conditions I spoke about. Note that the casino only requires 4 times playthrough. Much less that you will find for a normal bonus. This is the main advantage of a sticky bonus. If you win a good amount of money you will have to play much less than you would with a normal bonus, before requesting a withdrawal. Of course nothing is free, and the price of this advantage is the bonus itself that will be removed from your winnings.
I hope you can now make a clear distinction between normal and sticky bonuses. Look at the casino terms carefully to see if the bonus is sticky or not. In case the bonus is sticky look for low wager requirements. A sticky bonus with 4X, 6X, 10X wager requirements may be very good for you. A sticky bonus wth 25X wager requirements is not favorable, because you are able to find a normal bonus with that requirements.
That’s all for now. Good luck!