A cashback program is a type of bonus offered by online casinos where players can receive a percentage of their losses back as cash or bonus funds.
The cashback program typically works by calculating a player's net losses during a specific period of time and then awarding them with a percentage of those losses back, usually in the form of bonus funds.
Yes, each online casino may have different limits on the amount of cashback a player can receive through their program. It is important for players to read the terms and conditions of the bonus to know the exact limit.
No, not all online casinos offer cashback programs. Some may have different types of bonuses such as deposit bonuses or free spins. It is important for players to research and compare different online casinos to find the best bonus for them.
Again, this may vary depending on the online casino. Some may have wagering requirements for the cashback bonus, while others may offer it as pure cash. It is important to read the terms and conditions to know the requirements for each bonus.
Yes, most online casinos require players to opt-in for their cashback program in order to be eligible to receive the bonus. This can usually be done through their account settings or by contacting customer support.
This will vary depending on the online casino's terms and conditions. Some casinos may allow players to combine the cashback program with other bonuses, while others may have restrictions. It is important to read the terms and conditions carefully to know the rules for each bonus.
No, cashback bonuses can be offered to both new and existing players. Some online casinos may have separate cashback bonuses for each group, while others may have a universal program for all players. It is important to check the promotions page or the terms and conditions to know which players are eligible for the bonus.
In most cases, players will need to meet wagering requirements before they can withdraw any bonus funds, including cashback. However, some online casinos may offer cashback as pure cash which can be withdrawn without any restrictions. Players should always check the terms and conditions to know the specific requirements for each bonus.