What is a cashback bonus?
This bonus enables you to retrieve some part of the funds that you lost gambling. When playing games in an online casino, you should be ready to not only win but also lose money from time to time. This might be a discouraging experience, especially for novice gamblers. Casino teams come up with this offer to console their clients and encourage them to keep placing bets.
What’s the typical percentage of cashback?
Normally, it varies from 5% to 25%.
Can the amount of cashback increase or decrease over time?
Of course. The casino administration has the right of changing the rules of promotional offers at any moment. Besides, the amount of your cashback can increase or decrease depending on your tier in the loyalty program.
Are there minimum and maximum limits for cashback?
Normally, yes. The limits can vary considerably from one platform to another. For instance, the minimum cashback limit might be 10 EUR per week and the maximum might be 10,000 EUR per week. If you lose a huge sum and your cashback exceeds 10,000 EUR, you’ll be allowed to withdraw only 10,000 EUR. You won’t be able to split the sum of your cashback into several parts and withdraw 10,000 EUR each week. If your cashback is less than 10 EUR, it won’t be credited to you. If your cashback remains less than 10 EUR for several weeks in a row, you won’t be able to sum up these amounts of money and withdraw them after accumulating 10 EUR.
How is the cashback bonus calculated?
It’s calculated as a percentage of the funds that you lost when playing games in the casino per fixed time period. Only real money but not bonus funds are taken into account. If you win more than lose, you won’t get any cashback.
How frequently is it credited?
In most online casinos, cashback is credited either once per month or per week. If it’s credited once per month, you might expect to get it not on the first day of the month but on the first Monday.
Do I need to claim this bonus?
Some gambling platforms credit cashback automatically to their clients. On others, you need to claim it manually by pushing the button.
Can I reject this bonus?
Of course, but what for? It makes sense to reject only those promotional offers that require high expenses from your side. For instance, this might be a reload bonus with a high minimum deposit limit or an offer with a high wagering coefficient. Cashback doesn’t require any extra expenses apart from those that you have already made. Its wagering requirements tend to be very low. Why should you refuse it then? If you decide to reject cashback nevertheless, avoid pushing the Claim button. If this bonus is credited automatically, reach out to the support team.
My casino cashback wasn’t credited to me on time. Why?
Probably, you live in a different time zone from the casino. Maybe, you just need to wait a few hours to get the money. Alternatively, you might have won more than you lost during the period which was used to calculate cashback. If the casino administration suspects you of illegal activities, they might deprive you of the right to receive bonuses. Feel free to contact the support crew to discuss your issue.
Will the bonus funds land on my main balance or bonus balance?
It depends on the rules of the casino. Most likely, it will be the bonus balance.
Do I need to wager my online casino cashback?
The answer might vary from one casino to another. Usually, you need to wager your cashback — but the wagering coefficient is much lower than for other promotional offers. For instance, the wagering requirement for a reload bonus might be x30 and that for the cashback might be x3 or even x1.
Which games should I play to get cashback?
Read the terms and conditions of the casino that you use to find the answer to this question. You might be able to get cashback when playing all games. Alternatively, live dealers might be excluded from this offer. When wagering your cashback, check the playthrough contribution of different types of games. Live dealers and jackpots might fail to contribute to wagering.
Is cashback the most generous bonus?
It depends on your gambling habits and strategy. Compared to all the other promotional offers, cashback usually features a much lower wagering coefficient — and in this aspect, it’s definitely better than the rest.
Can I combine cashback with other bonuses?
Typically, the rules of gambling platforms prohibit combining two or more bonuses. But cashback might be an exception. Please read the terms and conditions of the casino where you play or ask its support team about it.