The cash back bonus has been around for decades and even new casinos are opting to have a weekly cashback bonus as one of their bonus offers. The cash back bonus is one of the fairest types of bonuses casinos offer and one of the very few that comes without any wagering requirements.
We have all heard the saying “the house always wins”, but what if we told you that you can get a percentage of the money you lost at your favourite online casino back, with no strings attached?
How does cash back bonus work?
Many think of the cash back bonus as something the casinos came up with to keep the players playing, but online casinos are far from the only ones offering cash back. Shops have been doing it for years and so have the major credit card companies like Visa, Mastercard and American Express.
In a nutshell, a cash back bonus is just that, a bonus where the casino gives you back some of the money you spent the last week or month.
Usually the cash back bonus will be between 10% and 20% of your total loss over a certain period of time. The bonus is paid directly from the casino to your account at the casino, either every week or sometimes every four weeks.
Let’s say you are an average player and during a week of bad luck you end up with a loss of 100 euro/pound/dollars. The casino will then transfer 20%, or 20 euro/pound/dollars, back into your account.
Why give cash back bonuses?
Many look at the cash back bonus as a form of magnet that the casinos use to keep you coming back again and again. In many ways this is the most accurate way of explaining the cash back bonus. It’s just like we tend to stay loyal to shops, bars and others that give us extra offers or the occasional freebee.
The casino’s cash back bonus is nothing more than the casino saying thank you for being a good customer, and in the long run the bonus can become quite lucrative if you stay loyal to the casino.
How to claim cash back from the casino
You will find the casino’s cash back offer together with all the other bonuses they offer, usually on the “Promotion” page on the casino’s home page. The offer will vary a lot from one casino to the next, so it’s a good idea to have an extra look at this bonus before you join the casino.
Some casinos will give you the cash back bonus automatically and there is no need for you to do anything. Others may require that you opt in for cash back. Most times, it’s as simple as checking a box or contacting support to let them know you would like to receive a cash back bonus.
You will find the casino’s cash back offer together with all the other bonuses they offer, usually on the “Promotion” page on the casino’s home page. The offer will vary a lot from one casino to the next, so it’s a good idea to have an extra look at this bonus before you join the casino.
Will the cash back bonus affect my other bonuses?
Normally the casino will only allow you to have one active bonus at a time. For example, you will not receive a weekend reload bonus if you still have an active welcome bonus.
The cash back bonus on the other hand, will usually not affect other bonuses such as a reload bonus. The loss of bonus money obviously doesn’t count towards your weekly cash back bonus.
How much cash back bonus can I get?
As with any other bonus, it’s up to the casino to decide how much they’ll offer, b
We all expect and understand that different casino bonuses come with terms and conditions, such as wagering requirements and max wins.
Some of the terms can be hard to figure out and sometimes the wagering requirements can be more or less impossible to fulfill. With the cash back bonus, it’s usually a lot simpler and you will find that many casinos offer a cash back bonus with a wagering requirement of only x 1.
In other words, you can not transfer the bonus straight from the casino to your bank account. Some casinos may have requirements such as a max win or certain games that may not be played using the cash back bonus, but more often than not, the money is yours to do with as you see fit.
ut as a rule of thumb you can expect a weekly bonus of a minimum of up to 200 euro/pounds/dollars.
Some casinos will offer a lot more, whilst others will increase your bonus every time you reach a new VIP level.
Terms and conditions
We all expect and understand that different casino bonuses come with terms and conditions, such as wagering requirements and max wins.
Some of the terms can be hard to figure out and sometimes the wagering requirements can be more or less impossible to fulfill. With the cash back bonus, it’s usually a lot simpler and you will find that many casinos offer a cash back bonus with a wagering requirement of only x 1.
In other words, you can not transfer the bonus straight from the casino to your bank account. Some casinos may have requirements such as a max win or certain games that may not be played using the cash back bonus, but more often than not, the money is yours to do with as you see fit.
To cash back or not to cash back
In most cases, the cash back bonus is just as straightforward as we have explained in this article, but there are rare cases where the casino will make you choose between a cash back bonus and a welcome bonus or reload bonus.
We don’t mind when the casinos do this because it gives you a choice and you can pick the bonus that works best for you. If you know you only play every now and then for a bit of fun, the welcome bonus will always be the best choice. But if you play every day/week, you should do the math because a cash back bonus could be far more lucrative in the long run.
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The cash back bonus has been around for decades and even new casinos are opting to have a weekly cashback bonus as one of their bonus offers. The cash back bonus is one of the fairest types of bonuses casinos offer and one of the very few that c
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