Cashback bonus is a relatively one of the new casino bonuses. Simply put, a cash back casino bonus means that you get your money back in part if you do not play successfully and lose money. It can be said that by playing with a cash back bonus you get a discount on your gambling. It is not very difficult to figure out how a cash back bonus works. Just as it sounds in the name, you get money back. The idea is that in the event of a loss, you will receive money in part or in full. There are three different types of cash back. Cash back in the form of a welcome bonus, cash back in losing games in promotions and cash back for winnings in promotions. Sometimes you can also get the opportunity to take part in a cash back even if you have not lost money. Casinos usually call this reverse cash back. If you are lucky enough to get this bonus, you will get your money back for winnings.
All about cashback bonuses
Today, there is still no casino that has cash back bonuses for new players who register at the casino. Instead, you are offered a welcome bonus which usually consists of getting a certain percentage between 100 up to 200 percent in deposit bonus when you make your first deposit. You also usually get a number of free spins, usually between 70 – 150, depending on which casino you intend to play at. However, you can get a cash back bonus as a new player at a later time when you have made your first deposit. This is because the cash back bonus system is based on getting some money back from the money you have lost. A cash back bonus is most often used for various promotions where the casino offers games on a selected slot machine or at a specific gaming table.
The reason why the casino gives players a certain part of the money back is usually that you want to show a certain game at the casino to get more players to try the game. Then all players who played can get back some of the bets they made if they lost when they played. Normally you get maybe 10 percent in cash back bonus and if you have played for 1000 kronor you get a bonus of 100 kronor deposited in the game cashier. The money you get in bonuses can be played for at the casino, but most often they are covered by a wagering requirement that is usually between 20 up to 40 times the amount you have received in bonuses.
If the casino has an offer that says that all players who play a selected game on a given day do not win, players will receive a certain percentage of the amount that has been lost back usually between 10 up to 30 percent of the amount. A cash back should normally give the money back without any requirements, but at casinos a cash back bonus works as a bonus. This means that money but gets back is covered by turnover requirements. If the casino has an offer that says that all players who play a selected game on a given day do not win, players will receive a certain percentage of the amount that has been lost back usually between 10 up to 30 percent of the amount. A cash back should normally give the money back without any requirements, but at casinos a cash back bonus works as a bonus. This means that money but gets back is covered by turnover requirements.
Payout and other variants of cashback bonus
When it comes to payouts, it takes place once a month or once a week, depending on the rules of all online casinos. goes after. It is also possible that the casino offers cash back bonuses during certain time periods on different games. If the casino offers a cash back bonus once a week, it is the week’s losses that have been accumulated and a certain percentage goes back to your account. Usually the percentage is somewhere around 20. If you have not lost anything during the period, you will not receive a refund either.
For example, if you have played for SEK 1,000 and lost SEK 500 in one week, then it is 500 x 0.2 = SEK 100 that you get back in cash back. As mentioned, some casino sites offer you cash back bonuses on selected games while others offer it on the entire range of games. Many also have a maximum amount on the bonus that is paid out. Cash back bonus is usually an appreciated bonus that the gaming companies offer their customers. The cash back can come in the form of a deposit bonus or as bonus money to your account. But as with all bonus offers, there will also be a wagering requirement that depends on what you have played on and what turnover the casino site is going after.