Cashback bonuses are given to players based on their total net losses over a specific period of time (or on a certain game) and they are calculated by a specific percentage. This percentage varies from a casino to another and it is usually set between 5% and 25%. The way in which the bonus is credited to your account also varies. It can be given as bonus money or as real cash.
Cashback bonuses: how they work
As said before the cashback varies from a casino to another, but you will basically receive money back to your account. It may happen that the cashback is given on a certain game as it wishes to encourage players to try the game with reduced risks. Very often the cashback is given over a set period of time (daily, weekly, monthly or otherwise). Normally there is a limit to the amount of money you can get. Here's an example on how the cashback bonus works:
- There is a 10% cashback when playing Gonzo's Quest slot game. You play with 100 EUR and lose the money. Your net loss will be 100 EUR. But as bonus, you will get back to your account 10%, meaning 10 EUR.
How to qualify for a cashback bonus
If you are enrolled in a VIP or Loyal Player program you are sure to get some cashback bonuses. However, the most common cashback bonuses normally can be claimed by the vast majority of players or by players who have opt-in for the bonus. Some casinos may have a standard cash back program that takes place on a weekly or monthly basis.
Wagering requirements for a cashback bonus
Requirements to cash out a cash back bonus are different from a casino to another. In some cases these requirements can be as low as wagering the bonus as credited just one time. In other places it can be as high as ten times, but in that case the turnover requirements for this type of bonus are much lower than those for a deposit or reload bonus.
A cashback bonus is basically a safety net some online casinos offer their players. If you play casino games and you don't get lucky, this bonus represents your chance to extend your play time and try your luck again. Below you can find all the cashback offers we have available at present for you.