Cashback Bonus

Losing has never felt so good; cashback promotions curb your losses.

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Losing is just part of the game that everyone needs to get used to.  Cashback programs give you back some of the money you've lost usually according to a certain percentage or a set period of time.  More often than not these promotions roll on for a week, but can also be daily or monthly as well. The cashback program may be limited to specific games too. Cashback is usually rewarded as casino credit or real money-back credited to your casino account. 

Cashback casino bonuses are the casino’s way to soften the blow dealt by acquiring some losses from gaming. Although every player knows it is a part of any casino gaming, it is still a nice gesture to receive something as a consolation especially after a heavy loss. With a cashback bonus, a percentage of the losses is given back to the player in free casino cash.

Types of Cashbacks

Cashbacks works differently between online casinos, just like other online casino bonuses. Bonus funds is the most common type of cashback bonus and is given to a player to be used in conjunction with other bonuses later on. Although these bonuses are not real cash which the player can withdraw, they can still benefit players since it impacts other bonuses as well.

It is also possible to receive actual credits from cashback bonuses (this is when a percentage of losses is given back to the player). The percentage given back to players range from 5% to 20% although some online casinos give as much as 50% back. The higher cashbacks are not as common and are usually a part of or related to a VIP program.

Cashback Mechanics

Casinos have different ways of giving the cashback but most of them follow a certain pre-set timetable. There are differences in the frequency as well as percentage, with some casinos giving the cashback payouts on a daily basis, or weekly basis, and some have scheduled monthly releases. The time tables can be related to a player’s VIP status and/or loyalty level.

As for the cashback terms and conditions, they also vary between casinos. Some casinos make cashbacks available only for certain games and only if the player met a certain required wager amount to qualify. It is helpful to read the fine print and know how a casino’s cashback system works before playing.

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