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3. Cash Back Bonus Online Casino Real Money

Cashbacks are special bonuses given to casino players usually as part of an elaborate bonus program with which a particular online casino rewards loyal and depositing players. Cash backs are sometimes given as exchange for points from playing, but mostly they are given as a specific percentage of certain deposits made during the day, an entire week or even an entire month or as a percentage of the money used or lost while playing specific types of games.

Cash back bonuses usually vary from five- to 25 per cent and are calculated on either a monthly, weekly or daily basis compared to the overall bonus policies of the casino. Very often, cash back bonuses are presented as points – the idea being that the player can redeem them at a later point. A casino cashback bonus, is a type of bonus that attracts a large number of online gaming enthusiasts. As the name suggests, the casino gives the players their cash back, however, it's only granted to gamblers who play large sums of money. The bonus is given in.

How Does a Cash Back Bonus Work?

Cash Back bonuses vary between casinos. As said above, they are mostly calculated as a percentage (up 25%) of your net losses during a specific period of time. The cash back bonus can be credited either as real money or as bonus money that requires a certain wagering requirement to be completed. These bonuses are used to encourage players to gamble at a reduced risk and to win some of the money back based on their losses.

Example 1- $25 Cashback Due

Let’s say you have played $200 on a specific game or in a specific time period and you have made a loss of $100 during that time period and the cash back bonus is set at 25% of your losses. In this case your cash back bonus would be $25 (25% of $100 = $25), which will be credited to your account as real money or bonus money, depending on a casino’s cash back program.

Example 2 – No Cashback Due

In cases where you have made a profit you will not receive cash back, for example, you’ve played with $200 and you have made a profit of $50 over the initial sum, leaving you with $250. In such a case no cash back is calculated because you have not suffered any losses.

How Do I Qualify for a Cash Back Bonus?

Online casinos usually admit players automatically into their cash back bonus programs, so in most cases you won’t have to qualify manually for a cash back bonus. If there is no program, and the cash back is offered only for a specific day or a specific game, then you have to play that specific game on that specific day in order to qualify for the cash back bonus.

Some Good Casino Cashback Offers

VideoSlots (25% Back on All Bets!)

We have located a nice 25% cash back bonus at VideoSlots casino. Every week this casino rewards its customers with 25% cash back on all bets made on video slots or slots. The bonus is given every Friday and is calculated for your entire week’s activity. Here the bonus is not calculated on just your losses, but on your entire betting activity, which is even better.

Drake Casino (10% Back on Losses – USA Accepted!)

Another good cash back bonus that players can use, US players in this case, is the weekly casino rebate program of Drake Casino. Here every Tuesday Drake Casino customers are rewarded with 10% of their losses made. This cash back bonus is valid for losses made on all slots and table games. For example, if your losses have been $500 during the entire week, the cash back bonus amount credited to your account would be $50.

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What is a Cashback Bonus?

Online casino players often seek for incentives to continue playing once a bad streak has been encountered, among available options are cash back bonuses. The meaning of the term is straightforward; players earn the opportunity to get a portion of their money back when lost during their time playing.

How do Cashback bonuses work at online casinos?

The majority of online casinos offer cash back promotions for players, typically available to redeem on a monthly basis. However, some casinos may vary making cash back qualifications based on losses from a specific day or week. In summary, cashback can be compared to the nine lives myth of cats in a way. If a player loses everything, it’s still not over yet.

Are there any requirements when you receive a Cashback Bonus?

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Understanding the full structure of a cash back bonus is important, there are many variations regarding qualifications to claim one and not all cash backs pay the same. However, some online casinos have disclaimers which enforce the need to comply with a series of qualifying conditions prior from submitting a cash back bonus request. Country restrictions, minimum deposit amounts, net losses within a specific day, week or month are a few of the real life examples most commonly used as requirements. However, not all casinos follow the same rules. Some brands omit part of the qualifications specified above and may include additional rules that are completely different. Make sure you know what is required to be able to apply for this particular bonus.

Also, this bonus is usually tagged to a wagering requirement. Usually, when a casino offers this bonus without a wagering requirement is because they are giving it to a VIP player who has been part of their casino for a long time.

What is an example of a typical Cashback Bonus?

The percentage of money given to players throughout cash back bonuses typically ranges within 5% and 25% of net losses. When cash back percentages are between 5% and 15%, they are often applicable to monthly net losses. This justifies why the percentage remains relatively small since a reimbursement of net losses worth a whole month of gaming activity may result to a great figure if a player is a big gambler and the concept of cash back bonuses is to give something back but in a reasonable manner of course.

If a cashback ranges within 20% or 25%, it is more likely to be a limited time offer associated with net losses. Upon a single deposit transaction or a total of deposits made a specific day or week. If a casino is found to provide monthly cashbacks within the last mentioned percentage ranges, it is typically applied to high rollers or VIP players.

What benefits can players receive from a Cashback bonus?

Cash Back Bonus Online Casino Real Money

Cash backs are a percentage of money that is returned to a player upon loss. The advantage of claiming this type of bonus is that it can reanimate a zero balance. It can also extend the play time to attempt making some winnings.