diff --git a/hasql-dynamic-statements.cabal b/hasql-dynamic-statements.cabal
--- a/hasql-dynamic-statements.cabal
+++ b/hasql-dynamic-statements.cabal
@@ -1,5 +1,5 @@
 name: hasql-dynamic-statements
-version: 0.2.0.3
+version: 0.3
 synopsis: Toolkit for constructing Hasql statements dynamically
 description:
   This library introduces into the Hasql ecosystem a new abstraction named Snippet,
@@ -34,7 +34,7 @@
     Hasql.DynamicStatements.Snippet.Defs
   build-depends:
     base >=4.12 && <5,
-    bytestring >=0.10 && <0.11,
+    bytestring >=0.10 && <0.12,
     containers >=0.6 && <0.7,
     hasql >=1.4 && <1.5,
     hasql-implicits >=0.1 && <0.2,
diff --git a/library/Hasql/DynamicStatements/Session.hs b/library/Hasql/DynamicStatements/Session.hs
--- a/library/Hasql/DynamicStatements/Session.hs
+++ b/library/Hasql/DynamicStatements/Session.hs
@@ -15,5 +15,6 @@
 in @Session@.
 For details see the docs on that function.
 -}
-dynamicallyParameterizedStatement :: SnippetDefs.Snippet -> Decoders.Result result -> Session result
-dynamicallyParameterizedStatement snippet decoder = Session.statement () (Statement.dynamicallyParameterized snippet decoder)
+dynamicallyParameterizedStatement :: SnippetDefs.Snippet -> Decoders.Result result -> Bool -> Session result
+dynamicallyParameterizedStatement snippet decoder prepared =
+  Session.statement () (Statement.dynamicallyParameterized snippet decoder prepared)
diff --git a/library/Hasql/DynamicStatements/Statement.hs b/library/Hasql/DynamicStatements/Statement.hs
--- a/library/Hasql/DynamicStatements/Statement.hs
+++ b/library/Hasql/DynamicStatements/Statement.hs
@@ -8,9 +8,11 @@
 import qualified Ptr.Poking as Poking
 import qualified Ptr.ByteString as ByteString
 
+
 {-|
 Construct a statement dynamically, specifying the parameters in-place
-in the declaration of snippet and providing a result decoder.
+in the declaration of snippet and providing a result decoder and
+specifying whether the statement should be prepared.
 
 The injection of the parameters is handled automatically,
 generating parametric statements with binary encoders under the hood.
@@ -27,7 +29,7 @@
     foldMap (mappend " for " . Snippet.'SnippetDefs.param') to <>
     ")"
   decoder = Decoders.'Decoders.singleRow' (Decoders.'Decoders.column' (Decoders.'Decoders.nonNullable' Decoders.'Decoders.text'))
-  in 'dynamicallyParameterized' snippet decoder
+  in 'dynamicallyParameterized' snippet decoder True
 @
 
 Without the Snippet API you would have had to implement the same functionality thus:
@@ -45,14 +47,14 @@
     foldMap (\\ x -> Encoders.'Encoders.param' (x '>$' Encoders.'Encoders.int8')) from <>
     foldMap (\\ x -> Encoders.'Encoders.param' (x '>$' Encoders.'Encoders.int8')) to
   decoder = Decoders.'Decoders.singleRow' (Decoders.'Decoders.column' Decoders.'Decoders.text')
-  in Statement sql encoder decoder False
+  in Statement sql encoder decoder True
 @
 
 As you can see, the Snippet API abstracts over placeholders and
 matching encoder generation, thus also protecting you from all sorts of related bugs.
 -}
-dynamicallyParameterized :: SnippetDefs.Snippet -> Decoders.Result result -> Statement () result
-dynamicallyParameterized (SnippetDefs.Snippet chunks) decoder = let
+dynamicallyParameterized :: SnippetDefs.Snippet -> Decoders.Result result -> Bool -> Statement () result
+dynamicallyParameterized (SnippetDefs.Snippet chunks) decoder prepared = let
   step (!paramId, !poking, !encoder) = \ case
     SnippetDefs.StringSnippetChunk sql -> (paramId, poking <> Poking.bytes sql, encoder)
     SnippetDefs.ParamSnippetChunk paramEncoder -> let
@@ -61,4 +63,4 @@
       newEncoder = encoder <> paramEncoder
       in (newParamId, newPoking, newEncoder)
   in case foldl' step (1, mempty, mempty) chunks of
-    (_, poking, encoder) -> Statement (ByteString.poking poking) encoder decoder False
+    (_, poking, encoder) -> Statement (ByteString.poking poking) encoder decoder prepared
diff --git a/test/Main.hs b/test/Main.hs
--- a/test/Main.hs
+++ b/test/Main.hs
@@ -33,7 +33,7 @@
           foldMap (mappend " for " . Snippet.param @Int32) to <>
           ")"
         decoder = Decoders.singleRow (Decoders.column (Decoders.nonNullable Decoders.text))
-        in runSession (Session.dynamicallyParameterizedStatement snippet decoder)
+        in runSession (Session.dynamicallyParameterizedStatement snippet decoder True)
       in do
         assertEqual "" (Right (Right "bc")) =<< sample "abcd" (Just 2) (Just 2)
         assertEqual "" (Right (Right "bcd")) =<< sample "abcd" (Just 2) (Just 3)
@@ -45,7 +45,7 @@
           snippet =
             "SELECT 1 " <> (foldMap @[] ("," <>) $ replicate 1001 $ Snippet.param (10::Int64))
           statement =
-            Statement.dynamicallyParameterized snippet Decoders.noResult
+            Statement.dynamicallyParameterized snippet Decoders.noResult True
           sql =
             case statement of
               Statement.Statement x _ _ _ -> x