A cashback bonus is a type of casino bonus that returns a percentage of the player's losses back to them. It is usually offered as an incentive to keep players coming back to the casino.
The cashback bonus typically works by calculating a percentage of the player's losses over a certain time period, usually a week or a month. This percentage is then credited back to the player's account as a bonus.
The requirements for the cashback bonus can vary depending on the specific casino. Some may require the player to opt in or meet a specific wagering amount, while others may automatically apply the bonus to the player's account.
The amount received with the cashback bonus will vary depending on the casino. Some may offer a flat percentage, while others may have a tiered system based on the player's VIP status or amount of losses.
This also depends on the casino, but most often the cashback bonus is given as bonus funds. This means it cannot be withdrawn immediately and must be used to play games at the casino.
Some casinos may restrict the use of the cashback bonus on certain games. This is usually stated in the terms and conditions of the bonus, so be sure to read them carefully.
Again, this may vary from casino to casino. Some may offer cashback bonuses to all players, while others may require a certain level of VIP status to be eligible.
The rules for combining different bonuses may vary, but in most cases, players can only use one bonus at a time. This means the cashback bonus cannot be used in conjunction with other bonuses.
Cashback bonuses may be available on a regular basis, such as weekly or monthly, or they may be limited-time offers. It is best to check the casino's promotions page to see when the next cashback bonus will be available.