Compared to other casino incentives, cashbacks are relatively new. They are rising in popularity since they enable players to get some of their lost money back. None of the other online casino bonuses works in a similar way. Regular casino players can benefit from cashback quite significantly.
Here is how you can start claiming cashback promotions at casinos online.
Cashback Bonus Explained
The concept behind cashback promotions is not hard to understand. The idea is to offer percentage-based rewards to players who bet regularly on the site and need motivation to continue.
The bonus is usually set between 5% and 20% of all the player’s losses within a specific period. The cashback represents a return of your losses. The return is calculated on the basis of what you have lost within a certain period.
Then, the return gets translated into a cash reward. Usually, the value of the bonus is capped at a specific amount. Receiving a cashback bonus doesn’t require a lot of engagement from the player.
Find a Suitable Online Casino With Cashback
It’s wise to do your research ahead of signing up at any casino that offers casino bonuses. Work on discovering the best cashback offers, as well as finding the most reliable casinos to join for their cashback program.
Determine which casino brand works for you and read the conditions for the bonus. If you agree with them and can fulfill them, there is nothing stopping you from moving forward with claiming cashback.
Set up an Account
Join the casino you have chosen that offers cashback. Complete the registration page and provide all the necessary personal details to open an account.
Fund your account, so that you can play from real money. By that, we mean go to the banking page and complete a deposit via your preferred banking method.
Opt for the Cashback Bonus
Go to the promotions page and find the cashback offer. There will likely be an opt-in button that you need to click. By doing this, you will be notifying the casino that you want to receive cashback rewards.
Not all offers are the same. Some casinos will indicate a range of games that you have to play because only losses on these games will count towards the bonus.
Other casinos will calculate your cashback based on your losses on any games played in the past week, for example. There are also daily cashbacks, which are awarded on the end of each day.
Play for Real Money
Pay attention to the instructions given in the cashback bonus description. Play qualifying games for real money in order to secure your return. Make the qualifying number of deposits if necessary.
Receive Bonus Funds
You will receive the refund when you log in after the qualifying period expires. The best thing about cashback bonuses is that they normally come without wagering requirements.
The casino will add cash to your account – up to the percentage and maximum limit of the cashback bonus you opted for.