What is a Cashback bonus?
A Cashback bonus is a percentage increase on the bet that a player loses at the casino. This is a kind of compensation for failed bets. What is important, cashback is most often a bonus of the loyalty program. This means that you need to play at the casino for some time, be in the loyalty program (also called VIP) to be able to use it.
Very rarely, this bonus is available to all players, but then it has a specific time limit – for example, as a Monday bonus, it allows players who place bets on Monday to recover part of the money lost that day.
A cashback Bonus is a very common promotion in casinos. Since in most cases it is only available to regular players, this bonus is a kind of incentive to stay in one particular casino.
How does an online casino give cashback? For example, a player can claim back a portion of their lost money every week, provided they bet a minimum of $ 100 during the week. The casino gives back 25%, meaning the player will get a $ 25 refund. Of course this is just an example, the rules between casinos are different. So to be able to receive such a bonus, you need to strictly follow the rules of the casino.
What can a player get access to the bonus for?
- This can be an additional reward for winning at the casino.
- It can be a reward for the next deposit in the casino.
- This can be a reward for playing regularly at the casino.
Cashback is a popular bonus because it reduces casino spending (in the end, some of the lost money comes back to us), and thus also reduces the risk of the game itself.
What are cashback bonuses at casinos?
Interestingly, there is no one type of cashback. There are two varieties of it:
- Cashback bonus as a percentage of the return on the number of bets or spins. Therefore, this bonus depends primarily on how much the player has played in the casino. If a player has not made the correct number of bets (or spins), he / she cannot count on the bonus.
- Cashback from the deposit is calculated from the amount of the deposit paid in a certain period of time. Here, more emphasis is placed, not specifically, how much the player played, but how much he spent on the game in a certain period of time (for example, on the weekend or during the week).
Cashback online casino most often keeps at the level of 5-20%. You can also meet with higher rates, but they mainly concern a small part, the most loyal casino players who have reached a high level in the loyalty program. Such cases appear only in casinos, where there is a division into different VIP levels. If it is not, the cashback usually does not exceed 20%.
Every registered player has a chance to get a casino cashback. Whether he will be able to use it depends only on whether he meets the conditions set out in the bonus terms and conditions. Every player has the same opportunity to benefit from this promotion.
Cashback Bonus Terms And Conditions
The conditions for getting this bonus vary between casinos – so always check your casino's terms and conditions. However, these rules most often have several points in common, which we will approximate below.
Question | Reply |
Does cashback activate itself? | Cashback is very rarely given automatically, as a rule, the player must run it himself. |
How to activate cashback? | One of the most common ways to start a promotion is to enter a bonus code. |
Where to get the bonus code? | This code is most often found in the bonus rules. |
Are there other codes? | Partner sites that work with the casino often have exclusive bonus codes for cashback. |
Can I combine cashback with other promotions? | No, cashback doesn't give you that option. |
Do I have to be an adult? | Yes, only adults can play in the casino, and therefore only such a person can use the bonus. |
Does cashback have a time limit? | Yes, the bonus must be used at a specific time (set by the casino). Otherwise, the bonus is lost. |
Can I pay it off? | Any winnings from the bonus credit is understood as a bonus. So in order for it to be paid out, the player must meet specific conditions set out in the bonus terms and conditions. The player also has a certain amount of time to meet these requirements, so make sure that you know them well (most often this is within a limit of 3 days). |
What money to play: from Bonus Account or main account? | If you have money in your bonus account, you should play with it first. Only when they cease to be bonus money (or the time for their use will pass), start playing with the money in the main account. |
How to calculate your return?
It is important that the cashback bonus is awarded in a very logical way. It is not that no players do not know how the casino admits them and the amount they get is shrouded in mystery. Online casino Cashback has a formula on the basis of which it can be calculated. It will not always be the same, but it is very easy to deduce it (and more than once it is given on the casino site).
Knowing the formula is very useful, because it helps to determine what kind of return we can count on (if we can). What might such a formula look like? Here's an example:
Refund=[deposits-(withdrawals+Rewards)] * k=Cashback (e.g. weekly)
What do the different parts of the formula mean?
- Deposits-these are deposits made within one week (e.g. from Monday to Sunday). The time interval may vary between casinos;
- Prizes-this is all the prizes that the player received in one week;
- Payouts – how much the player has withdrawn from the casino in one week;
- K-the rate of return, it can be fixed in the casino for each player or depending on the level in the loyalty program. The rate of Return is nothing more than the percentage of return we wrote about earlier.
As you can see, calculating casino cashback is actually a very basic mathematical operation.
Our tactics-What do you need to know?
How to earn cashback casino bonus online? There are several ways to do this. Our recommendations:
- Cashback is granted depending on the rules of the casino. It can be available every week, every month or even every day.
- In order not to miss the cashback bonus casino always check the current bonus information either directly on the casino website or on our website.
- On our website you will find all the popular and currently available types of cashback that can be found in online casinos.
- What you need to do is go to the casino website and enter the bonus code for the cashback, and the money from the deposit will be returned to you (of course, you must already be a casino player, and not just create an account).
- The best tactic to get cashback is to have a good knowledge of the rules and conditions for activating cashback.
- No less important rule is to check the availability time of this bonus.
It's worth following casino review sites because they often have special cashback codes prepared that casinos only make available to readers of a given gambling site.
Refunds for certain games
Is the cashback bonus available on all casino games? Generally speaking, it depends on the casino. However, there is no limit (as with the free spins bonus, for example) that would rule out any kind of gambling. And so the online casino cashback can admit to:
- Slot machines
- Table games
- Live casino games.
Cashback can be awarded for all of these games, can only cover one of these categories, or can only be awarded for one specific title. Really, it all depends on the specific casino cashback.
For example, in the Games Blackjack Live and Roulette Live includes up to 10% up to a maximum payout of up to $400. The minimum amount that can be recovered is $20. In order to withdraw the funds received from the cashback, we need to spin them in the casino 35x, with a time limit of 3 days. On the other hand, on Starburst Slot for losing $ 100 we can get 20% return, i.e. $20.
Choosing the best bonus
Cashback online casino is a very popular bonus that is offered most often to regular players as part of the loyalty program. This is a bonus that allows you to recover a certain percentage of the lost cash in the casino (usually from 5% to 20%). Online casino cashback grants on different types of games. This Bonus has a time limit for use. To get it, you need to meet all the requirements of the casino.
Interested? Check out our top cashback casino table!
Advantages of cashback | Wady cashback |
Allows you to recover part of the Lost amount | It is not granted with slot machines – as a rule, you need to have an Activation Code |
Reduces casino spending | New players cannot use it. |
Reduces the risk of playing |
FAQ
Cashback is a bonus that allows you to return money lost in bets.
You must meet the requirements set out in the bonus terms and conditions.
It depends on the casino rules. Some of them allow you to recover money from each game, others have this bonus Limited, for example, only to slot games.
Yes, it happens that other gambling sites also offer it.