Cashback is a type of bonus offered by online casinos where players are given a percentage of their losses back in the form of real money.
Cashback works by calculating a percentage of a player's losses within a certain time period and returning that amount to the player's account as real money.
The requirements for receiving Cashback may vary, but generally players must be active and make real money bets in order to qualify for Cashback.
This will depend on the specific casino and their Cashback program. Some may have a maximum amount while others may not have a limit.
It's common for Cashback bonuses to have wagering requirements, meaning players must bet a certain amount before being able to withdraw their Cashback winnings.
This will also vary depending on the casino, but most often Cashback bonuses are offered on a weekly or monthly basis.
Again, this will depend on the casino. Some may require players to manually opt-in for Cashback bonuses, while others may automatically credit them to eligible accounts.
In most cases, Cashback bonuses can be used on any game, but be sure to check the terms and conditions to confirm which games are eligible.
While Cashback is typically associated with players who have experienced losses, some casinos may offer it as a reward for active or VIP players as well.