What is a cashback bonus?
Casino cashback bonus is a type of bonus based on your losses in an online casino. As the name suggests, this is a way for the house to return part of the amount you have invested. The money received from a cashback promotion is a way to compensate you for your losses. It’s not a way to get rich but it helps your bankroll to recover easier.
Usually, the cashback bonus is for the loyal players who have spent more in an online casino. However some online casinos have welcome offers with cashback, instead of the classic match bonus.
The amount of cashback received is a percentage of the player’s losses at the casino. Usually, the range goes from 5% – 20%, the more money you play, the more cashback money you can receive.
Each casback bonus promotion depends on the casino you are playing at. Some casinos don’t have regular promotional campaigns with this kind of bonus, but offer it especially to some players. Others, include it in their VIP loyalty programs. In this case you might find it as a loyalty bonus.
However, the idea behing the cashback bonus is always the same. It gives you an opportunity to recover your losses and to play again.
Make sure to get familiar with the promotional terms before you start playing, because the cashback bonus might come with some limitations and requirements. Usually it is given in the form of a bonus, but some online casinos are more generous. They offer real money cashback without any wagering requirements and hidden rules. Just pure money you can immediately withdraw.