What Are Cashback Bonuses?
Cashback bonuses are the awards that you receive from an online casino, based over the specific net losses that you have experienced while wagering and playing online casino games.
Each online casinos site will vary their actual percentage, based on the amount of cash wagered by players and the percentage that they apply to give back some of the players net losses. The casino range and percentage will vary from usually 5% all the way up to a 25% return of every consecutive month (or selected time frame given by that casino).
The return of cash, will either appear to playing and budding players, as real cash amounts and or some bonus funds. The bonus funds return will always be larger, as the casinos ultimately will want you to play more and therefore it is highly understood why they try and entice you will larger bonuses to play with instead!
How Do CashBack Bonuses Work?
The concept of how they work, will involve a series of factors. It can be that sometimes players are given cash backs to put back into your online gaming wallet. However the games that you will be allowed to play can be very limited and have a series of terms that you must follow through on respectively. There can also be other times, where the cashback bonus will be given to players based over a series or period of time that they have played, spent and wagered in total. Each casino will always apply their own rules and terms and therefore you will need to read through our reviews and guides within the table, to ensure you understand fully, the terms that come associated with the real money back schemes.
We thought to go into detail and over-line the schemes below for your benefit and future understanding. Please read further down below for more information!
Cashback offer scheme 1
This scheme in simple will offer you back a percentage (set by the casino) of total losses played in certain games. You will find that NetEnt casinos for example have separate cashback schemes for each of their popular game titles e.g. ‘Conan’. Therefore they award their players a total of 5% back, from what their net losses to this particular game was.
This works very well for players that tend to stick to certain games, rather than spend their time stretched across multiple game titles of a particular casino. It also is easier for players to dedicate a more accurate loss, as if players use one or two game titles, losses are their figures are for more easily collected. Our tip is definitely to stick to a scheme like this, if you are not much of an all round casino game player, yet want to see some cashback casino bonuses coming into your wallet.
Cashback offer scheme 2
This one is worked across you daily losses entirely within the casino. Therefore your cashback bonus will be awarded to you daily, based on the percentage that the casino has made as their value. Therefore, say for example you lost a total of £200 playing one day, you will find that the next day the money cashback casino bonus will be put immediately in your wallet. If the casino you play at operates at a 5% cashback, expect £10 to be in your wallet the next day to play with or withdraw!
Cashback offer scheme 3
Some schemes will only feature the cashback scheme to players once a month or within a limited amount of time promotion. This can be available to ongoing players that have surpassed initial welcome bonus options or to anyone that is entering and using the online casinos gaming facilities. Due to the offer being available less frequently, you will find also that the cashback percentage will be larger to to play with and therefore can seem more exciting. These type of offers can give you as much as 50% back, so it is for sure worth trying out in the process of gaming online. Do check out the wagering requirement multipliers that come along within these offers, as they can be very much large and will effect how much you can withdraw from these, if you so happen to get the cashbacks in a bonus funds option.
How Can I Get My Cashback Offer From A Casino?
To get your casino cashback players will usually need to be a part of the casino loyalty scheme or VIP service that the casinos set up for players that surpass their welcome bonuses. Usually you will receive notifications and adverts of the upcoming cashback bonuses via your email that you signed up to your casino with, or they are promoted within the casino themselves, stating within the terms and conditions of the parties that are allowed to take part within the schemes.
It is not always necessary for players to be apart of a loyalty scheme. It will only depend on how generous the casino is towards their players when conducting the cashback bonus programme. To find out the full range offered, read up on the casino candidates that we have collated for you, as it will of in great detail of the kid of cashback bonus you should expect from your favourite casino sites, including the frequency of the schemes themselves and where your location needs to be, to be able to claim and use them for your newer casino sites journey!
Make sure you check if your country is liable and you are able to take part in the schemes for the type of player you are.
Wagering Requirements For Your Cashback
Wagering requirements will always differ and vary, depending on the casino you go to, to play on. The best way to ensure you are getting the full view of the offers you are about to sign up to, is to ensure that you read the full terms and conditions that come attached to the bonuses. The cashback bonus that is available to you, should always be stated clearly with a set of terms that will elaborate on all the wagering requirement multipliers that bind you and affect your gaming experience. Some have higher multipliers than others, which means they will take longer to wager back, to be able to withdraw any winnings you make from them.