Cashback Bonus

You can now worry less about losing since cashback programs will give you another shot at those big winnings.

Name Bonus  
€500
CB100
$400
€100
$300
€300
€200
€250

As the name would suggest, cashback bonuses are based on the amount of money lost within a determined period. The online casino will offer a nice percentage of your total losses in the form of a bonus which you can then be used to play more and try again. The net loss is basically the amount of money you are missing after the session is over and cashback programs will make your account balance significantly better.

Losing is simply a part of gambling but online casinos can make sure the experience is a lot sweeter and that every player is a winner through cashback casino bonuses. These are offers that basically give back a part of the losses to the players so that they can have another shot at winning big. The exact percentage can vary from casino to casino but the chance to get free casino cash should not be overlooked.

Cashback Bonus Types

The most popular and most direct form of cashback bonuses is based on the losses within a certain period. Online casinos start the offer and give players the chance to opt in and take part during a specific period of time. Once this is over, the losses are calculated as the difference between total bets placed and total winnings. The final bonus is a percentage of that result, that often times varies from 10% to over 20%, and is transferred to the account.

Another commonly used type of cashback at online casinos is through bonus funds that are given to players based on their activity. These can be used to claim other offers at the casino and are generally more advantageous to long-term players that benefit from several such bonuses.

How Cashback Works

While there are several ways cashback can work, the most common mechanic is with pre-set timetables. An example found quite often online is with bonuses at the end of the week or even at the end of the month. The actual percentage can correlate with the level within the reward program as having a higher ranking can mean a better cashback offer.

As always, it is important to check the terms and conditions of cashback bonuses since these can be different between online casinos and not all games may count. There are usually maximum limits for the amount a player can get back at the end of the period and this too should be considered.

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