What is a Cashback Casino Bonus Program?
A cashback bonus is the percent of cash refunded to a player for playing at some online casino for a certain period or for losing a certain amount of the deposited money. The casino usually refunds the cash after you lose a certain amount, but, sometimes, cashback is charged for a total amount of bets. Cash Back Casino Bonus programs associated with cashback are different in each casino. One website will offer you an automatic refund; another one will send special codes to enable you to get your bonus.
In some online casinos, refunds are only available to VIP customers and not to all regular players, while on some other sites, all clients can take advantage of cashback offers. In some cases cashback bonuses are offered as part of promotions or only during the holiday season. The exceptionally generous casinos will allow you to enjoy cashback and other lucrative offers: reference or a standalone bonus.
As a rule, the Cash Back Casino Bonus cannot be withdrawn. This is not real money that you can take from your account. But, you can spend them for your favorite game, wager deposit, and withdraw the winnings to your card. It is also worth bearing in mind the fact that many online casinos offer bonuses accompanied with a wager. We will tell you more about this at the end of this article.
Types of Online Casino Cash Back Offers
There are several types of cashback bonuses designed by online casinos. The most common ones are Cash Back On Losses, Cash Back On Total Bets, Reload Bonus, and Refer-a-Friend. Cash Back On Losses helps to mentally relate to the loss more accessible because it is always nice to get some money you thought was lost forever. Cash Back On Total Bets is an excellent motivator to place more bets. You not only get a chance to win big money thanks to your bets, but you are guaranteed to spend less because some of these funds will later return to your account. Reload Bonus is on a regular basis available for experienced players. Now we will look at each of the types of Cash Back Casino Bonuses in more detail and show how they work using simple examples.
Cash Back On Losses
Online casinos understand that losing money is a very unpleasant thing in the players lives. To smooth over the sadness and support gamblers, some offer a Cash Back On Losses bonus. As a rule, the casino compensates 20% of your total loss during the week, up to $100. Of course, the conditions of bonuses differ in each casino, so we recommend reading the rules before starting the game. Now we will show you the Cash Back On Losses action as an example:
Having lost $300 during the week, you will receive a consolation prize in the form of $60 – this is 20% of the amount lost. But if you lose more than $500, you will only get $100 cashback, because this is the limit. If you won at least something this week, then you will not receive the bonus, no matter how much you missed. Some casinos have a minimum limit – you need to waste a certain amount, starting from which you will receive a Cash Back Casino Bonus.
Cash Back On Total Bets
It’s quite an enjoyable thing. At online casinos that offer Cash Back On Total Bets, the player receives a percentage return on the total bets over a certain period. It doesn’t matter whether you win or lose. You may get a nice bonus even if you won the jackpot some time before.
Each website sets its own Casino Cashback size and the category in which it can be received. For example, it is guaranteed you will receive a 20% Casino Cashback on all bets that you make in the Video Poker and Roulette sections on some sites. Often that offer is valid for some slots. The more you bet, the more you will get in the end!
A reload bonus is somewhat similar to a welcome bonus. Its advantage and difference are that it is intended for experienced players, rather than beginners. Thanks to it, you will receive an increased deposit. Suppose the bonuses are issued for the first time to prevent new players from playing in the online casino. In that case, the rewards will be given to keep the stakes, i.e., to increase the user bankroll and enable them to go on playing in the casino.
The said bonus can be obtained regularly by anyone if you made any deposits with this online casino in the past. Often a reload bonus looks like a regular promotion: for example, a 30% maximizer for a deposit that you replenish on Wednesdays. A typical offer is a 20% bonus of the deposit replenishment amount made on a specific day of the week, but not more than $50. Like other casino incentives, reload bonuses go with their requirements including minimum deposit amount and wagering conditions.
Loyalty program Cashback Bonuses
Players who prefer a particular online casino can take advantage of the loyalty program for dedicated players. Often it includes VIP bonuses or a full-fledged VIP program. For example, cashback for VIP players may look like an increased percent of cash or a higher cash limit applicable to the refundable amount.
If you are not planning to become a high roller and apply for a VIP player status, you can enjoy some other casino offers. These include tournaments, leaderboards, and everything that will bring a reward.
Some online casinos are ready to pay you generously for bringing new players to them. To do this, you just need to advertise the site to your relatives or friends. When, say, for example your friend or any other person to whom you recommended the casino, registers with the casino, he will have to enter your invite code in a special field for that. Typically, you will be rewarded after your friends make their first deposit.
A typical Refer-a-Friend Bonus offer is $25 as a gift after your friend has deposited at least the same amount. Of course, each online casino has its own conditions for the granting and wagering the Casino Cashback.
How to choose the best Cashback Casino?
The overall casino rating depends on a whole number of specific parameters like security, reliability, and on how generous its bonuses are. When choosing the best Casino Cashback, first of all, have a look at the ratings. On our site, you will find only reliable sites you can trust. The right casino always has a license and positive reviews.
Having chosen a casino, do not be lazy and study the rules on how to earn and get bonuses paid. Please, pay attention to the minimum payable amount, as well as its periodicity. For example, some sites pay Casino Cashback once a week, and some only once a month. Read the bonus wagering conditions carefully. You have to make sure that they are of benefit to you and if they can be met at all. Also, do not forget to check in what form the Casino Cashback is offered in the chosen casino: if it is a loss or a total bet. It depends on whether you receive it at all because in the first case, the bonus is payable to those who never won over a certain period. After studying the rules and checking the casino, you can safely start playing.
Cashback Wagering Requirements
In most cases, online casinos do not require from a player to wager bonuses received as cashback. I hope you will agree, it would be unfair to return part of the won back money and impose the conditions to restart the game. Cash Back Casino Bonus is given as a consolation prize to someone who has already placed his bets.
Always check if the casino is legal at all to make sure that all its bonuses are real, and the result of the game depends only on your luck. Often, some fraudulent sites can offer you too much cashback, which looks tempting, but in fact, it is almost impossible to get it, or the results of your game will be tweaked, so Casino Cashback does not make much sense. Look for the licensing of the casino of your choice. If it has a document from the MGA, Kahnawake Gambling Commission, Government of Curacao, Government of Gibraltar, or another trusted organization, you can safely trust it.