Cashback Bonus

When you lose on casino games, cashback programs help to minimize your loses by giving you back a percentage of the money you've lost for a limited time period.

Name Bonus  
$400
€100
€50
$300
$300
£500
$100

Every player is aware that losses are a normal part of playing at an online casino. Cashback casino bonuses are bonuses which gives back a part of the losses to the player to soften the blow of losing a large amount of funds. In this regard, free casino cash which is a percentage of the player’s losses is given to the player as a cashback bonus.

Types of Cashbacks

Cashbacks words differently depending on the casino. Bonus funds are the most common types of cashbacks and can be used later together with other bonuses offered by the online casino. Although Cashbacks are not the same as real cash, they can be of great benefit if used correctly with other bonuses.

There is also a possibility for players to receive actual funds as cashback bonuses although this would only be a percentage of their losses. The typical percentage is at about 5% to 20% but there are higher percentages, some of which can reach up to 50%. Oftentimes, the higher percentages are tied up with a VIP program or are given out at a lower frequency than the lower percentage cashback bonus.

Cashback Mechanics

The mechanics for cashbacks differ from casino to casino and oftentimes, online casinos award them according to pre-set timetables. Some online casinos choose to give this on a monthly basis, some do it daily, and some give it weekly. Oftentimes the timetables also vary depending on the player’s status or loyalty level.

The terms and conditions for cashbacks differ from casino to casino as well. More so, not all games may count for cashbacks and/or there may be a wagering requirement which has to be fulfilled before being eligible. Always take time to read up, taking care to read every word on the fine print to determine if the casino’s cashbacks terms fit your playing style and needs.

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