Cashback Bonuses

What Is Cashback Casino Bonus?

With a cashback casino bonus, you will be able to get the money back to your account of the casino, even if you haven’t managed to win anything. It can take different forms and can be provided to the player for depositing, winning, or even as a rebate when the player loses. The main motive of the bonus is to keep you playing. It is issued by the casino or the third party.

Online casino
Bonus
Number of games
Casino
€1000 + 125 Free Spins
2100
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welcome bonus up to £1000
500
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100% up to €/$100+ 100 extra spins
1029
Visit casino T&Cs apply
100% deposit bonus up to €100
1000
Visit casino T&Cs apply

For instance, you are playing a slot online and wagering $1000 all evening. You can either make a big win to take back a huge profit or if things do not work out, then you are going to lose what you have deposited. In the latter case, the casino is going to provide you with a percentage of the money you lost in the form of cashback aiming to reduce the loss you suffered.

Such a casino offer comes in various sizes. Some of them are 5%, while the others offer 20% for the loss that you have suffered.

Cashback Bonus in Casinos: How Does It Work?

The way this offers works will depend solely on the casino that you have chosen for playing. However, the basic principle of it is that the gambling site that you are playing it is going to provide you with a percentage of money back as cashback. Most of the time, this comes with a limit.

In case you are playing with a 10% cashback offer, you will get back $100 for losing $1000. Unlike the welcome packages and bonuses, these offers are available for new, as well as loyal punters. This can be a great opportunity for punters who play regularly.

The cashback casino bonus is added to the casino account directly and at times given as credits for more play. Hence, if you are a high-roller who spends a lot of money on the casino every month, you are going to receive more money for the amount you spend than a player who logs in the casino only occasionally.

The casino offers you this bonus funds since it can gain from your activity at their site. When you lose, while the casino makes a profit, they are ready to pay back a certain percentage of the money for the loyalty that you show towards them. This is the reason. You will see that such an offer is often associated with the VIP program. Nevertheless, every cashback bonus functions in a different manner. Thus, it is better to check on the terms and conditions before you start to play.

Wagering Requirements for Cashback Bonus Offers

Apart from the terms and conditions, there is another important thing that you need to pay attention to, and that is the wagering requirement. This is necessary to check when you take up a new deal.

With a wagering requirement, you might have to wager the money that you have received from the offer for withdrawing it. It is pretty common when it comes to the standard welcome bonus, and you should be aware of it in regards to the cashback bonus.

For instance, if a gambling site is offering 50% as the money-back offer on the losses that you have suffered at blackjack, up to $10 with a wagering requirement of 2x, there are few things that you need to be careful about.

  • The offer will only apply to Blackjack;
  • The loss cashback is available on $20, $10 as the maximum return which is divided by the amount of cashback. Nevertheless, when you claim it, this amount of money will also be wagered by 2x. Until you fulfill the wagering requirement, you will not be able to withdraw the money that you have won;
  • Wagering requirement might not be a bad thing, but it is something which you have to be aware of.

Tips to Find the Best Casino Cashback Offer

Like mentioned before, cashback promotions are one of the best ways of recouping gambling losses over the internet. It is simply like taking an insurance policy on the car. With this offer, you will be able to secure a specific percentage of the loss as a cashback rebate.

Casinos are waiting for the players to put real money into their games, and providing this offer is a way of making this happen. However, it is necessary to choose the best offer, especially if you are a VIP member or a high-roller. The amount that you spend is directly related to the winning chances.

The gambling sites usually offer their bonuses through newsletters, social media channels, affiliate marketing, and casino forums. You will be able to use these adequately and choose the one which suits you the best. It buffers the account from the loss you have suffered. This should be the primary reason to play at a gambling site. Make sure that you maintain your limit while playing and enjoy the gambling experience. This is an old-fashioned reward. It is instant, and whatever you receive can be claimed immediately.

Conclusion

By now, you might have got detailed information on the cashback casinos program. Also, before accepting the offer or becoming part of the reward program, you need to ask yourself if the promotion is going to benefit you and will not affect the eligibility of the other bonuses in the gambling site. Keep in mind that you will have to gamble enough to cash this bonus offer. When you choose such a program, you have to ensure that you are getting back money frequently.

However, at the end of the day, you should do what you feel is best for your playing style. It might be a great way to add to your bankroll. Nevertheless, it should not pose as the primary aspect that you consider before joining a gambling site for playing.

FAQ’s

Who is eligible for cashback bonuses?

These bonuses are offered to veteran players who have deposited real money and often play at an online casino. Newly registered players are unlikely to be eligible for these bonuses.

Are cashback bonuses instant?

If such a bonus comes in the form of credits, then yes, your casino wallet will get loaded with it instantly. However, if it is in the form of real money, it might take time, which is limited to a few days.

Are cashback casino online bonuses legal?

Yes. But you have to activate and use this offer at a legal casino that holds a certification from a renowned authority that looks after gambling activities such as UKGC, MGA, AGCC, Curacao eGaming, and so on. These bodies prevent any scam or fraud at the casino and keep an eye on them.

How do I claim cashback bonuses?

You simply need to click on the link to activate this offer and enter the bonus code, if required. Further, follow the instructions given and enjoy the offer.

Are cashback bonuses associated with wagering requirements?

At some casinos, you will find these bonuses completely free from wagering requirements. However, often cashback in online casinos comes with wagering requirements that tend to be reasonable.