Cashback bonuses are one of the many ways that the best casinos online incentivize users to play, which on balance is nothing if not a very particular form of bonuses. Do you want to know better what it is? Let’s start by saying that cashback is a form of refund that the online casino can grant to its users. This return usually takes place in two ways:
- As a percentage, on the losses incurred by playing
- As a percentage of the total bets placed
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What is a cashback bonus and how it works
Usually, players can receive cashback when they complete certain tasks or when they meet certain requirements. When this happens, casinos can either automatically credit the bonus to a player’s account, or they can do so by redeeming a code that is sent to them (usually by email). In the vast majority of cases, if not always, cashback cannot be converted into real money straight away: when the player has wagered that amount a certain number of times (the famous wagering requirements), then he can withdraw it. Similar to all other types of bonuses, don’t you think?
Cashback bonus on losses and on total bets
As I mentioned at the beginning, cashback can work in two ways:
- On losses
- On the total bets.
Casinos know that a player cannot be happy when he loses and that a disgruntled player is a player who is likely to play less. Cashback on losses serves to mitigate this feeling. If an online casino applies cashback on losses, it usually does so by proposing a percentage up to a maximum, such as 20% on losses up to 100 pounds per week. Cashback on total bets is cheaper because it comes to you regardless of whether you have won or lost. For example, if the online casino offers you a cashback of 10% up to 50 pounds, it means that on all the bets you have placed in that specific period of time you will get money back in the form of a bonus.
How can a cashback bonus be used?
You have to interpret cashback as a form of a bonus, one of the best promotions in the casino (check great suggestions at http://www.21blackjack.info). It is as if the casino is granting you a reload bonus, but you do not have to deposit into your account. You can take advantage of the bonus to play your favourite android casino games, of course, unless the cashback is linked to some particular initiative, such as the launch of a game or the willingness of the online casino to push on particular sectors (such as slot machines, roulette wheel online or blackjack).
The important thing is to always remember to read the terms and conditions of the cashback, to protect yourself from nasty surprises. Sometimes it can happen that you come across a promotion or a bonus that seems too good to be true: in reality, by reading the terms and conditions you may find that there are too many laces and laces related to the initiative and that perhaps you would do better to leave.