Question 1: What Exactly is a Casino Cashback Bonus?

Simply put, a cashback bonus is an amount of money that the casino gives back to players. In most cases however, it’s only granted to players who play hefty sums of money. Since each online casino is different, it’s important to familiarize yourself with your preferred casino’s criteria for getting a cashback bonus.

Question 2: How Does the Casino Cashback Bonus Work?

The amount of cashback a player receives is a percentage of the player’s losses at that particular casino. It’s not a specific amount for all players. Each player gets a different amount, depending on the amount of money they’ve played. It can vary from 5% to 20%. In short, the more you play the more cashback money you will get back.

Question 3: Why Do Casinos Offer These bonuses?

You might wonder why casinos would be giving players some of their money back, win or lose. It might even seem counterproductive. But, if you really think about it, it’s actually an innovative way to reward players for their loyalty.

With so many different online casinos available, each one needs to find a way to hold their players’ interest. It’s also a great way for a player to recover some of their losses and to not become disengaged with a casino after a big loss.

Question 4: How Do You Claim Your Casino Cashback Bonus?

Depending on the casino, there might be a few conditions that must be met before pay-out is made. Some casinos may require a minimum withdrawal limit or even a wagering requirement. Again, it’s important to research the conditions that surround your particular casino’s bonus pay out, so you know what to expect, making it easier to manage your gaming budget.

Question 5: Must you Place a Wager to Qualify?

A wager requirement means the cashback bonus must be wagered a certain number of times before it or any winnings can be withdrawn. For example, if you have a 50x wagering requirement, it means you must bet your bonus amount fifty times before you can withdraw it. This applies to the winnings you might qualify for as well.

There are, however, some casinos that offer casino cashback bonuses without any additional wagering. Needless to say, those are our favorites!

Question 6: Are There any Benefits to These Casino Cashback Bonuses?

If you have to wager your cashback bonus a few times before you can withdraw it, you might be asking yourself if it’s worth it. We have a few reasons why we think it’s definitely worth the effort:

• Players have better returns: No matter how bad a day you’re having at the games, you’re still a winner. Win or lose, you’re still going to get a percentage of your money back.
• Possibly no wager requirements: If you sign up with the right casino, you won’t be required to play your cashback money again to qualify for your bonus. It’s yours to withdraw!
• Easy and straightforward: You won’t need to do anything complicated to earn your money back. You simply carrying on playing until you’re ready to withdraw your money.
• Rewarded for being a loyal player: The casino rewards you for being a loyal player. You don’t have to wait for a new deposit bonus to benefit from the casino cashback bonus. Playing continues as before.
• Limits the amount you lose: If you’re wagering your casino cashback on new games, you are limiting the amount you can potentially lose. Usually, the more you wager, the more you lose. But having a capped amount in the form of your cashback amount restricts what you can lose. It might even increase your chances of winning.

Question 7: Are There Different Types of Casino Cashback Bonuses?

There are a few types of casino cashback bonuses. These include the following:

• VIP cashback: This is for players with a VIP membership. It’s usually based on a percentage of your losses based on your VIP loyalty status.
• On-going cashback: This type of cashback is automatically rewarded to your account. It’s a percentage based on your net losses over a certain period.
• Welcome bonus: This is similar to a sign up bonus and is available to new players. Once a certain amount was deposited, you receive an amount back as cashback.
• Cashback deposit bonus: This cashback is given when you deposit the required amount to qualify for this type of deposit. It works on the same principal as a reload bonus.
• Reload bonus: This type of bonus is often granted to players whenever they deposit additional money into their accounts. As a player you then qualify for multiple bonuses.

In Conclusion

A casino cashback bonus is a way of recovering some of the money lost if you run into a few bad hands. Having a cashback bonus as a back-up could increase your chances for the next game. Choose a casino that pays out without requiring additional wagering. This will ensure you can withdraw your casino cashback bonus when you want to and use it for anything you choose!