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What Is A Cashback Bonus And How Does It Work?

Posted on May 16, 2020 | Comments Off on What Is A Cashback Bonus And How Does It Work?

Every online casino offers a wide variety of bonuses for new and regular players. One of the most common types is a welcome bonus, which is usually given to new players who decide to join a casino and make a deposit.

However, casinos don’t only have to attract new players but retain the regular ones as well. That’s why they also offer a wide variety of other promotions.

A special kind of bonus that’s often present in many online casinos is the Cashback bonus. Just like the name suggests, it’s the type of bonus that gives you back your cash. How so? Let’s take a look at a practical example.

Imagine playing USA online slots after depositing $100. You get carried away and spend all your money on slots.

To make matters worse, imagine that you weren’t lucky and that you ended up winning nothing. This is important because many cashback bonuses work only if you don’t have any winnings.

Then, imagine that a casino offers you a 25% cashback bonus. By losing all your money and winning nothing with them, you are eligible for the cashback bonus. Once you apply, you will receive $25 back to your account, and you will have a second chance.

Time Constraints

Cashback bonuses are usually made for specific periods. For example, a weekly cashback bonus will give you back a certain percentage of all the money you’ve managed to spend in a week. The majority of cashback bonuses use a week as a timeframe, but some casinos opt for different timeframes.

You should also remember that cashback bonuses are subject to wagering requirements. In other words, you’ll have to wager a certain amount of money before you can actually withdraw the amount you received via your cashback bonus.

If you’re a regular player, this type of promotion is a perfect opportunity to “get back in the game” after a losing streak. That’s why many regular casino players love cashback bonuses.

However, if you’re a new player who wants to play online slot machines for real money and other casino games, make sure to pay attention to welcome bonuses.

You can find many great casinos on our site, as we made sure to make a selection of the best online casino platforms. All of them offer welcome bonuses, and some even have cashback offers that you can check out if you become a regular player.

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