Cashback

A cashback bonus is a wonderful online casino bonus that offers players a chance to win back their losses on bust bets. Unlike any other bonus where winning and losing is up to chance, the cashback bonus offers a type of safety net to players, offering them a chance to win back a percentage of their lost credits. Each casino offers their own type of cashback bonus, and players are urged to read the terms and conditions from each casino. Top Casino Punters have put together a list of the online casinos offering the best cashback bonuses.

The cashback bonus can either be an automatic bonus credited to the player’s account, or an opt-in bonus. This bonus is usually attractive to high rollers and VIP players who have a huge bank roll to spend, as cashbacks are usually percentage based. This does not mean that regular players cannot take advantage of this type of casino bonus.

Welcome bonuses might be very attractive, but a weekly cashback offer is a constant bonus that offers fantastic value for money, and guaranteed returns on money played out.

FEATURES OF A CASHBACK BONUSES

• It can be offered as a weekly bonus based on losses of a certain day, or for the whole week.
• The cashback is almost always a specified percentage of how much a player has bet and lost.
• Cashbacks will usually not be awarded on bonus money or where players might have pending withdrawals on their account.
• Cashback bonuses can only be claimed if the minimum loss/play amount has been reached, and there is usually a maximum amount which can be claimed.
• Some casinos may have a maximum account balance which players need to have to qualify for this type of bonus.
• Most casinos do not have wagering requirements, but, as always, each casino has its own terms.

CASHBACK BONUS FAQs

What is cashback bonus?

This is a type of incentive bonus where money spent is rewarded back to the player with specific terms. Thereby, bust bets are covered to a certain extent.

Why do online casinos offer bonuses?

Online casinos offer bonuses to give players the opportunity to discover all the casino games, and earn free credits as an enticement from the get go. New players often get a welcome or signup bonus, and registered members get access to daily, exclusive, time-limited offers.

Should I use my cashback bonus?

Not using a cashback bonus doesn’t make a lot of sense, as you are simply recouping bust bets, at virtually no cost to yourself. Just be sure to read the terms as specified by each casino.