Do online casinos let you cash out rewards on blackjack?

At both offshore and legalized online casinos in the US, you can earn money just by playing your favorite blackjack and table games.

On signing up to an online casino, you can opt straight in to a VIP scheme or Loyalty Program. The more you play, the more points you will earn. And the more points you earn, the more cash you can claim.
As you earn more points and reach set points targets, you can climb the VIP ladder. The higher you go, the more benefits you can claim. Benefits might include preferential treatment like access to a VIP manager, cashback, or a birthday bonus.

At most legal casinos in the US like bet365 in New Jersey, there are no minimum play requirements to maintain a status. Some overseas casinos will demote you to a lower tier if you don’t meet the monthly requirements.

Most online casinos will give you cash in exchange for points

At Golden Nugget online casino, you can earn 5 points for every $100 gambled on slot machines. For every $100 you wager on blackjack, you will earn just 1 Golden Point. 100 Golden Points can be exchanged for $1 in cash.

At Virgin Casino, you will earn 1 V*Point for every $100 bet on blackjack. You can redeem your points for cash once you reach 20 V*Points. At Caesars Casino, meanwhile, players can earn Tier Credits and Reward Credits every time they bet on blackjack. 1 Tier Credit and 1 Online Reward Credit are awarded for every $100 wagered.

So, why is blackjack penalized in comparison with slots?

For example, most casinos will credit players with 10 times as many points.

The answer is the house edge. The theoretical long-term return to players in blackjack is far higher in blackjack than in most video slots. In a standard online slot machine, you might find a house edge of around 4-6%. That means that for every $100 wagered on a slot, $4-6 dollars is kept by the casino. In blackjack, when played optimally, this can be as low as 0.5%.

Savvy gamblers can, therefore, hit the blackjack tables and work through a bonus far more easily, or accrue playing points a lot faster. To counter that, the casino won’t award a lot of points for your blackjack play.