How does the cashback bonus program work? This is a big question that comes to mind for every player. And why do online casinos offer it to you? Agree, it definitely looks strange when gambling establishments give away money just so that you can play on their site. For quick information about why, when, and how cashback works in online casinos, read this review.
It is not free spins in an online casino – the definition of cashback
You receive money from online casinos that is credited to your account when you face a loss during your gaming process. This is a way to show that the club also cares about you. The institution wants you to play longer and have a better chance of winning.
Usually, the best online casinos, like Betway, calculate cashback as a percentage of the net losses you have incurred during your game. Since you have already placed your funds, you have nothing to lose. Create a real money deposit, and if you lose it completely, the institution will refund you a percentage of your losses.
The refund can be from 5% to 25% and is calculated daily, weekly, or monthly, depending on the casino’s bonus policy. In fact, it is a conditional no deposit bonus. It is usually offered in specific games. The only condition is that you must have put real money on the game before that. If you played online casino for free in demo mode, you will not get cashback. The usual practice is that a cashback bonus is issued in the form of points that can be exchanged later, or it is cash that is deposited into your account. You should study the terms and conditions before you use this bonus promotion.
How does cashback differ from other regular bonuses?
Cashback is often offered to new players.
You need to make a deposit and play for real money. The refund differs from regular bonuses in that the amount is directly credited to the active account. In the case of regular bonuses, you often need to activate the promotion somehow and sometimes spend time to use it (for example, first use the bonus so that it is transferred to the real balance).
Almost all online casino sites offer their players different cashback programs. As a player, you must read the terms and conditions before using the cashback bonus. Some casinos impose limits on the amount of bonus money that can be deposited into your account. The amount of the refund limit can be absolutely any, from 300 to 300,000 rubles, depending on the casino’s bonus policy.
If you decide to play at casino palms, you should also know what games are involved in its specific cashback program. Some activities, such as blackjack and roulette, are often not included in the refund system. Only after reading the terms and conditions, you will know exactly how cashback works in your chosen institution.