How does the cashback bonus program work? That’s the big question going through every player’s mind. And why do the casinos offer this to you? It definitely sounds strange that they are giving away money just for you playing at their casinos.
To ease your mind and give a quick update on why, what, when and how this casino program works; read through our blog.
Demystifying Casino Cashback Bonus!
This is the casino money that the casinos deposit to your account, whenever you face a loss during your gameplay. It is a way of showing that the casinos also care about you. The casinos want you to play for longer duration and thus give you a bigger chance of winning.
Usually, this is calculated as percentage of the net losses that you have endured during your play. Since you have already wagered your funds, there is nothing for you to lose. Make a real money deposit and if you have the misfortune of losing all of it, then the casino will pay back a percentage of your losses.
It can be anywhere from 5% to 25% and is calculated daily, weekly or monthly depending on the casinos bonus policies. It is generally offered on particular games. The only condition is that you must have wagered real money on the game.
The usual practice is that, the cashback bonus is given as points which can be redeemed later or it is the cash that is deposited to your account. The terms and conditions should be understood before you avail this bonus promotion. You can read our blog post on more info on the cashback bonuses.
How is Cashback Bonus different from other regular bonuses?
Many times cashbacks are offered to the new players. They are encouraged to make a deposit and play with real money. These bonuses differ from the regular bonuses, as the amount is directly deposited to your account. In case of regular bonuses, you have to make a request for withdrawal, and it usually takes time for it to be used.
Read the terms and conditions before availing the bonuses.
Every Online Casino offers different cashback program for their players. As a player, it is for you to read the terms and condition before availing the cash back bonus. Some casinos offer a cap on the cash back bonus money which can be deposited to your account. It can be anywhere from a small £/€/$5 to £/€/$500, depending on the casinos bonus policies.
You should also know which casino games are applicable in this program. Some games like Blackjack and Roulette don’t count for this program. Only by reading the terms and conditions will you know exactly how the cashback program works out for you.
There is a catch to availing this bonus. You must satisfy the wagering requirement that’s attached to this bonus. This is generally not the case; as the bonus money is directly available for you to play or withdraw. Plus, there is a time frame for using this bonus. Only particular games played on particular days, will qualify for this promotional offer.
Choosing the best Cashback program
Casinos are just waiting for you to put real money on their games and play. Offering cashback bonuses is their tactic to make this happen. Choosing the best cashback offer is vital, if you are a high roller or a VIP member. The more money that you spend, the better is your winning chances.
Casinos promote their cashback bonuses through newsletters, affiliate marketing, social media channels and casino forums. You can use them appropriately and select the one that is best for you. Keep in mind that it is not mandatory to avail this offer.
It is an additional way to buffer your account from losses. It should not be the only reason for you to play at a particular casino. Play within your limits and enjoy your gaming experience!