Many people play at online casinos for different reasons: some want to win big, while some are seeking the thrill and excitement of games of skill and chance. Online casinos are continuously coming up with new promotions and special offers but customers are always seeking new bonuses and fresh offerings. A new type of casino is gaining popularity online – one that gives their valued customers cashback bonuses.
What is a cashback bonus? A cashback is a type of refund given as a bonus and may be given as extra credits for playing or even cold, hard cash. Cashback casinos usually reward their players with cashback bonuses based on the percentage of their net losses. Since you have already bet on your favorite casino games and lost some money, you don’t have anything to lose when you join this type of special offer. More and more online casinos are offering cashback rewards which have now become a popular choice for online casino aficionados.
As mentioned earlier, a cashback bonus is typically rewarded based on a percentage of a player’s net losses computed for a specific period or game. The percentage applied to a cashback will differ for every online casino site but usually falls in the range of 5% to 25%. The cashback reward may also be given to you in two different ways: as bonus playing credits or as real money. Here are some examples of how casinos give cashback rewards to their players:
These are just examples of possible cashback promotions and scenarios. Every online casino will have a different kind of cashback promotion to offer. Make sure to understand the mechanics of the promotion before you start playing.
In order to be eligible for a cashback bonus, you must meet the requirements of the online casino. The following are typical eligibility requirements in order to get a cashback reward:
To be eligible for a cashback bonus, you must be a VIP player or a member of the casino’s Loyal Player club.
Some casinos require a player to opt-in and agree to the terms and conditions of the promotion before a player can be awarded a cashback bonus.
While some casinos have an ongoing or daily cashback promotion, some cashback programs will require a player to play on specific dates set for the promotion. This means if you are not playing on certain dates, you will not be eligible for the cashback bonus.
The casino has the right to state the wagering requirements to join the cashback promotion. These wagering requirements include the minimum bet required for playing the slots games or the minimum total net loss a player should have to receive a cashback bonus.
Online casinos know that the best way to attract new customers and retain existing customers is to come up with new deals and promotions every now and then. You often see online casinos giving away welcome bonuses for the initial deposits of their players, or rewarding their loyal or returning players with reload bonuses. However, not all players are aware that there are online casinos that give back a portion of their net losses. Cashback Casinos are gaining popularity because players can get a certain amount from their total net loss – which means more reason to play online casinos!
Am I eligible for a cashback bonus?
You will be eligible for a cashback bonus if you are a loyal online casino player. Unlike welcome and reload bonuses, you may only become eligible for a cashback bonus if you have played at your chosen online casino for quite some time.
Where can I find online casinos with cashback bonuses?
Simply search online to find online casinos offering cashback bonuses. Take note that you should verify that the online casino that offers cashback promotions are legitimate and trustworthy. There are plenty of reputable online casinos with lucrative cashback bonuses but it takes due diligence to find one that is safe and secure.
Are there wagering requirements for cashback bonuses?
The wagering requirements will vary from casino to casino, of course. Some online casinos may offer daily or weekly cashback bonuses that do not have any wagering requirements, but online casinos that have wagering requirements for their cashback rewards are pretty reasonable.
How much can I get from a cashback bonus?
It depends on the online casino offering the cashback bonus. In general, you can get a cashback reward from 5% up to 25% of your total net loss.
Is it difficult to meet the wagering requirements of cashback bonuses?
Most wagering requirements tend to be reasonable enough for every player to meet. The best way to make sure you can meet the requirements is to read the terms and conditions before committing to a certain promotion.
Are cashback rewards always available at online casinos?
Not all online casinos have cashback programs whether you are a loyal customer. Some online casinos only offer their cashback promotions to loyal and VIP players. However, in order to make the most out of cashback bonuses, look for Cashback Casinos that offer these “refunds” on a regular basis.
Cashback Casinos are unique types of online casinos that specialize in cashback rewards for loyal patrons. Cashback programs are a great way for you to redeem a certain percentage of online casino losses. These cashback rewards may not be that much but at the end of the day, it’s definitely better than nothing! It gives you insurance that you can recoup even a small percentage of your total net losses. Think of it as an incentive for being a loyal online casino player. Cashback Casinos give you more reason to play your favorite online casino games!