A cashback bonus is a type of online casino promotion that allows you to earn a percentage of your losses back, usually as bonus cash or credits. Typically, cash back bonus online casinos offer a cashback percentage ranging from 5% to 30% of your net losses, which you can use to continue playing or withdraw after meeting specific requirements. The benefits of a cashback casino bonus are numerous, including providing you with a safety net for losing streaks and extending your gameplay without additional deposits.
How Does a Cashback Bonus Work?
A cashback bonus operates on a simple principle: the more you play and lose, the more bonus cash you get back. Online casinos with cashback bonuses calculate the cashback amount based on your net losses over a specified period (daily, weekly, or monthly) or on particular games. For example, if a casino offers a 10% cashback bonus and you lose $100 during the promotional period, you will receive $10 as a cashback bonus.
In most cases, cashback bonuses can be used on any game available at the casino, but it's always wise to check the terms and conditions to ensure you don't miss out on any restrictions. Some casinos might have specific games eligible for cashback bonuses, while others could exclude certain game types or titles.