You can tell when a casino bonus is a sticky bonus because the casino's terms and conditions will specify that it is "for wagering purposes only." Though many online gamblers don't realize it, a sticky bonus may be as valuable to a knowledgeable player as a traditional non-sticky bonus of the same amount, even though the actual sticky bonus cannot be withdrawn. But you have to play a sticky bonus differently than a regular bonus to extract its value.
First, let's assume you have the same terms and conditions as in the non-sticky example already described. The only difference is that, instead of being cash-able after meeting the wagering requirement, this bonus is for wagering purposes only. When sticky bonuses were first introduced in online casinos about 8 years ago, many players thought they were worthless. Since you expect to lose on the game itself due to the built-in house edge, and since you cannot withdraw the bonus from your account, where's the profit?
The profit comes from the fact that you can gamble with the house's money and keep your winnings.
Here's an oversimplified example to illustrate this point. Let's assume that after meeting your wagering requirement on this bonus play, you are allowed to flip a coin and call heads or tails, with even money payouts. So, you are sitting there with your $190, having played through your wager requirement. If you do not withdraw the $90 remaining of your deposit at this point, but instead place a single bet of $190 on a coin flip, you will have one of two results.
If you win the flip, you will have $380 in your account. If you decide to quit at this point, you can withdraw the $380 minus the $100 sticky bonus. This means you can withdraw $280, for a win of $180 on your $100 deposit. If you lose, your account will be zero, but all you will have lost is the $100 you initially deposited. Since you will win 50% of the time and lose 50% of the time on a coin flip, you will win $180 half the time and lose $100 half the time.
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