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Cash back Bonuses

What is a Cashback Bonus?

Casinos operate on one basic principle: they want you to play. Without players, casinos would go out of business. So to encourage you to play at their site, each casino offers you all kind of tempting welcome goodies when you first sign up, in the form of bonuses and promotions. But as you continue to play, your favorite casino will find ways to reward your loyalty. One of these is a cashback bonus – money for playing casino games. This type of bonus is usually calculated as a percentage of the cash you deposit into your casino account. Another form is cash paid back on your losses, again in the form of a percentage. Both forms usually have a cap, or maximum amount.

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When to Choose a Cashback Bonus

Opting for any type of bonus that requires you to first make a deposit means that you need to feel some kind of commitment to the casino involved. If you enjoy playing there and trust the casino with your account, then the availability of casino cashback bonuses is the icing on the cake. This type of bonus can give you even more of a good thing – gaming at a great casino site.

How to Claim

Casinos have various ways of giving you your cashback bonus. Most commonly, it will be credited directly to your casino account, often on a particular day of the week, and calculated based on your gaming history during the previous week. A cashback bonus may be issued in the form of chips, which are not cashable but are to be used towards future gaming.

Things You Should Know

Bonuses are fun – they make you feel like you are getting something for nothing. But before you get all excited about cashback bonuses that are coming to you, make sure you understand a few basic points. First of all, these bonuses almost always come with an upper limit. Second, they are often “sticky,” meaning they cannot be transformed into cash. Finally, if the bonus is cashable, it will come with a minimum wagering requirement; you will need to wager a sum equal to a certain number of times the amount of the deposit in order to cash out. (For example a 30X wagering requirement on a $60 bonus would require total wagers of $1800.) Each casino’s terms and conditions are set out on its website.