Casino Cashback is the ‘kind’ side of casino that attempts to undo some of the losses experienced by a player. Online casinos often provide their players with rebates to push gambling. These discounts are known by several of names and casino Cashback is a popular one. Usually a Cashback will restore a predetermined percentage of losses within a particular time frame. Players are not required to meet wagering requirements to receive this promotion. A number of casinos put the bonus directly into the players account while others require a player to first redeem the bonus code before claiming it.
Different types of Casino Cashback:
You’ve often heard of 100% welcome bonus on first deposit at many online casinos sites. This is a type of Cashback, but it doesn’t have anything to do with losses. It’s given out to encourage gambling among players. The minute you register with a casino, you can expect some kind of free spins or bonuses. This practice has been used by casinos for quite some time; however the percentage of welcome bonus varies from one casino to the other.
Cashback on losses:
This is like an insurance policy. When you come across “25% cash back on all slot games”, you know it means that you can really recover your loses by 25%. Whenever a player loses it is obvious that he will not be very happy about it, to cheer player casino gives a certain amount of money back. Generally it is around 20%. So if Adam has lost $1000 at the end of the week he will get cash back of $200.
This type of bonuses can be availed after welcome bonus. A player needs to deposit some amount in order to get this bonus. A typical Cashback would be of around 10% of deposit made by player. For example if Adam puts $100 in casinos account for a month than he’ll get $10, however a casino also sets a deposit limit for reload bonuses. It has absolutely nothing to do with games’ outcome; a player may win or lose, he will get some percentage of total bets placed back in his account. There may be wagering requirements that players would have to meet to in order to withdraw winnings and this can vary from casino to casino.