If there is one thing casino punters love, it’s a promise of an amazing bonus. Whether it be a 初回入金ボーナス – welcome bonus, a bunch of free spins on the most popular slots, or a good deposit match – it is almost impossible to resist them. But if there is one thing casino enthusiasts don’t appreciate enough, it’s cashback bonuses.
Even though cashback bonuses are offered by almost every online casino, players usually prefer more direct promotional offers that don’t require any additional calculations. Online casino establishments are aware of that, and they focus on catchy marketing messages such as “100% Welcome Bonus up to $500” or “200 Free Spins on Book of Dead”.
Still, cashback bonuses are amazing opportunities, and, considering they accumulate over time, their potential may surprise you. But what are cashback bonuses?
What is a Cashback Bonus?
A cashback bonus is a special type of bonus provided by the online casino that can result in real cash money that can be withdrawn or used to play. It is a small percentage of your losing hands or spins, so every time you place a bet, a small amount is returned to you in the form of a cashback bonus. There is no specific rule on the amount that can be returned to you. Some casinos offer a small cashback of only 0.5%, while others have a whole system, depending on the game and amount placed in a bet. Some online casinos have loyalty programs that will allow you to get higher cashback, depending on your status.
The cashback bonus is accumulated over time. Depending on the casino, you can use the bonus money after a single day, a week, a month, or three months, or whatever terms and conditions state. Keep in mind that there is also a limit on the amount you can receive in a certain time period.
To help you understand the way cashback bonus works, here are some examples.
Example 1: Let’s say that your casino operator offers 10% cashback up to $50 on a slot called Reel Slot. You play all day, and you win 100$ without a single spin lost, but you don’t get anything as a bonus, because the cashback bonus is applicable only on losing spins.
Example 2: On another day, you play the same slot with the same offer (10% cashback), but you lose $100. The casino offers you a $10 cashback bonus (10% of the 100 bucks you’ve lost).
Example 3: On the third day, you return once more and lose $600. The cashback bonus will be $50, because it is 10%, but only up to $50.
How Can I Get A Cashback Bonus?
The cashback bonus is not “in your face” offer, but a rather subtle promotional tool. Some casinos might offer them to all customers, while others will activate this bonus, only after you collect the required amount of loyalty points. There are even online casinos that provide this bonus only to VIP members.
If you want to find out whether the online casino of your choice offers a cashback bonus, you can do so in a few different ways.
- Ask customer support for more information and ask whether they offer a cashback
- Browse the Promotions section in your casino
- Check out offers, terms, and conditions of the loyalty program
Once you start collecting those percentages, the amount available as the bonus can be more than enough for a few days of playing. But is cashback really the money casino is giving you back?
While the cashback system has many good sides, it is also a type of bonus, which means there are some terms that apply. There is no free lunch so be ready to wager your bonus as many times as needed before the withdrawal. The wagering requirement is set by the casino, and there are no rules on how high or low it has to be. Most reputable casinos will only ask for a single-digit wagering requirement, while some casinos will force you to wager the money as many as 40 times before withdrawing. Make sure to read all terms and conditions related to cashback bonuses so you can be sure you know what to expect.
Should I Accept the Cashback Bonus?
There is no universal answer to this question. There are as many answers as there are players in online casinos. Still, the rule of thumb should be to treat it just like any other bonus. If the terms and conditions are clear and the wagering requirement reachable – go for it. If you have any doubts about it, you can always decide to claim it later, maybe after a week or two, when you get used to your new casino. Just keep in mind that it comes with a wagering requirement attached, and you are good to go! To know more about bonuses and their structure visit Online CasinoHEX Japan.