kerry white | January 12, 2022 | Updated on: August 19th, 2022
Cashback bonuses are great for maximizing the time you spend gambling. The bonus cashback is basically an opportunity to win your losses back. Depending on the casino, the cashback casino will come in the form of withdrawable cash or you would need some wagering in order to convert the bonus to real cash again.
In most cases, players will overlook all cashback casino bonus offers. This does not help much because these are one of the most valuable promos that online casinos give to players. Our team has taken the time to find some exclusive cashback casino bonuses. Keep reading this guide for more on this type of bonus.
A cashback bonus is based on a percentage that is offered by casinos over a certain timeframe. Every player can use a bonus cashback and they are a great way to increase your playtime. Casino cashback bonuses are used to compensate players for losses incurred during a gaming session. Cashback sign up bonus offers are highly dependent on the casino. They can either be paid on a monthly or even weekly basis. Moreover, you can find casinos that payout on a particular day of the week.
How to Choose the Best Cashback Bonus Casino
Although all cashback rewards might seem appealing to new players, you need to consider a few factors before you choose the best offers. Our team has compiled criteria to help you pick out the best offers:
Find How Often Does the Casino Payout: It is important that you know how frequently the casino pays out. You will find a casino that pays out daily while others pay monthly or even weekly. If you are someone who gambles every day, then the perfect casino for you will be the one that pays out daily.
Know the wagering requirements: Reading through a long list of requirements to complete before you can start using your offers can be a hassle. The truth is the best cashback offers do not have a lot of wagering requirements and some actually don’t have any.
Find out about the limitations: To make the most of your time, you need to make sure that you are well informed about the limitations. Some casinos will have high cashback bonus as high as 100% but set a maximum limit on the amount you will get back.
Look out for other unexpected conditions: If it happens that you lose half of your deposit, you need to know that the casino will not give you any cashback. This is mainly because you did not lose your full deposit. You need to make sure you stay on the lookout for these kinds of cashback casino sites.
Different Types of Cashback Deals
As we have already mentioned, there are numerous cashback deals that players can have access to. A known fact is that the cashback can be a cleaner reward compared to others. The amount of cash you will receive will vary depending on the casino. Below, we discuss the different types of cashback deals you can find:
Welcome Bonuses
This offer is considered the most common feature at a casino. Casinos use welcome bonuses to attract new players and keep existing ones. Essentially, this is a welcome treat, to encourage players to keep gambling and spend their time at the casino.
Typically, a welcome bonus is 100% cashback when you make your initial deposit. The casino will place a maximum limit to the deposit you can place. It is important to note that all of this depends on the casino. Some casinos will give higher cashbacks while others offer lower.
Reload Bonuses
This bonus is usually given to a player who has already made a deposit to play a specific game. Reload bonuses are also a fraction of the deposit made. However, the cashback percentage becomes relatively lower compared to all the other bonuses. It should be noted that casinos will have different criteria for using cashback bonuses. You might find some sites that give reload bonuses on entire deposits made during a specific period. This is subject to a maximum amount.
Depending on the casino, you might find reload bonuses on certain days of the week. However, some casinos will have its own requirements and percentage limits that players need to meet in order for the bonus to be paid out.
Cashback on Total Bets
This is one of the most exciting type of cashback deals. With this offer, you will receive cashback on all the bets you have made on a certain period of time. It is irrelevant whether you have won or lost. You still get 25% cashback on the total amount bet on over a certain amount of time. In this offer, you will not find any cashback limit. Additionally, the more you bet, the more you get back.
Cashback on Losses
In a bid to console players for losing their favourite casino game, the majority of sites will give players cashback. Typically, this will come in the form of 20% cashback on all the losses you’ve made on a weekly basis. It should be noted that depending on the casino, you will find a specified minimum amount that you will be required to lose before you become eligible for a cashback bonus.
Advantages of Cashback Offers
There are various advantages that come with a cashback casino bonus. Depending on the casino the cashback percentages differ from one casino to the next. They typically stay under 1%. The game also plays a huge factor. Moreover, it is a perk to receive an extra something on every bet.
As we have already mentioned, cashback bonuses are a way that casinos use to compensate players after a heavy loss. Although it is fairly new, this concept has evolved over the years. Today, you find more and more casinos offer this type of offer. To make the most of this offer, you need to ensure that you have a great strategy.
Casino bonus cashback offers differ, in some cases, the casino will give returns in real money that you can use however you want without any restrictions. However, you need to be cognizant that some sites give the offer in bonus money. In most cases, you can use this bonus cash on a game of your choice. However, there might be some restrictions which includes maximum wagering requirements and win caps.
