Cashback Bonuses List
Do you know what cashback bonus is? In case you don’t, the answer is in this article!
Aside from attracting new gamblers, casinos work hard to keep their existing players, especially if they are investing hefty sums on a regular basis. A land-based casino would recognize who is an important client and make sure to be at their service constantly. These guys are known as high-rollers of VIP and they often enjoy free meals, apartments, and many other benefits.
As for online gambling platforms, they utilize somewhat different approach and one that most players may like. Their reward process is based on a simple idea – offer pure money to players via the cashback program. This absolutely makes sense as there is nothing that gamblers like more than when they are rewarded with a bonus. Let’s take a look at the specifics of this promotion.
Cashback Is Not a Welcome Bonus
Although they are both ways to reward the players, these two promotions are quite different. While a welcome promotional deal allows you to wager extra money and play free spins, cashback is a program through which you will receive real cash. That means you need to play on the platform and lose some money to become eligible for this bonus.
How Cashback Works?
As with all other promotional programs, the specifics may differ from one casino to another. However, the basics remain the same throughout the most gambling platforms. As you play your favorite games and your playing results in losing your funds, you become eligible for cashback.
Depending on the rules of the provider, you may receive 5% of your invested sum back while other platforms may give a whopping 20%. In practice, an example would look like this – you invest $100 and lose them while playing roulette or slots, but the platform reimburses you $20 just for losing in their casino.
The calculation is clear – the more you bet, the bigger cashback bonus you get. Considering that this program was made for regular players, this doesn’t sound like a strange move from gambling providers.
The Conditions Vary from One Casino to Another
Cashback isn’t different from any other bonuses when it comes to the fact that the conditions differ from one platform to another. That is why it is important to read the specifics prior to joining the platform. It is the only way to ensure that you will choose the cashback that perfectly suits your needs and meets your expectations.
As for the things that may vary depending on the place where you gamble. The first thing to pay attention to is the percentage they will give you back. Some casinos are quite generous while others may have a somewhat lower percentage. Also, make sure to take a look is there a minimum amount to bet to qualify for the deal.
Aside from that, you also want to ensure that there is no cap for cashback. This is especially important if you are a high-roller and you are considering betting huge sums on a regular basis. Let’s make an example – if the limit is set at $500 per month and the amount returned is placed at 10%, that means you can play for $5,000 monthly and have a portion of the sum reimbursed.
Tips for Choosing the Right Cashback Bonus
Do you want to know which program is the best for you? Each one of us might have some specific requirements, but here are some tips that may be helpful for everyone:
- Is it possible to meet the requirements – there is a good chance that you will need to invest a certain sum of money to be eligible for this deal. Take a look at the terms of the website and make sure that you set aside enough to fulfill this requirement. You do not want to realize that you lost all your money and you still do not qualify for cashback when it is too late.
- How often do the websites pay you – this depends on the provider, but the two most common payouts occur on a weekly and monthly basis. While getting paid weekly sounds like a better option, keep in mind that gives you less time to meet the requirements for the bonus. On the other hand, monthly payout means that you should play an entire month without getting anything back, so you need to assess your options carefully and choose the one that suits you the most.
- Is cashback bonus temporary or permanent – some gambling websites include only a temporary cashback. This program may be active only for a month while other platforms offer permanent reimbursement but only on the selected days of the week or month. This is another reason why reading the terms is important and enables you to make the best possible choice.
Once you are ready, everything that you need to do is to sign up at the desired casino, utilize codes if necessary, and start playing to qualify for a cashback deal!