Cashback Bonuses no doubt accomplish their mission. It’s a way for the casino to thank you for your loyalty. You’ll feel rewarded and take it as a sign that things are going to work just fine, encouraging you to keep playing. Bonuses will vary from one casino to another depending on the software used, their target market and their unique strategies to attract players.
A casino cashback bonus, is a type of bonus that attracts a large number of online gaming enthusiasts. As the name suggests, the casino gives the players part of their cash back. However, it is most often granted to gamblers who play large sums of money and it is often the VIP Team or VIP Account Manager that are responsible for the program and account review. A cashback is given in the form of cash or credits to use again at the casino.
What exactly is a cashback bonus?
The cashback reward system is a typical plan available at online casinos, whereas in land-based casinos these programs might come in the form of game clubs, VIP services or comp points. At land-based casinos you are more likely to earn free room upgrades, meals or goodies rather than cash money.
The amount of cashback received is a percentage of the player’s losses at the casino and it can differ from one casino to another or player to player. Simple, if you spend lots of money per month at the casino, you are in the position to earn more than the standard player.
An online cashback bonus differs from a welcome bonus in the fact that these bonuses are granted only to the most loyal players. The bonus could be awarded either once a week or once every few weeks paid out as cash or credits.
How do I get a cashback bonus?
The way cashbacks work will depend on the casino. Just as the amount you need to bet in order to be eligible for one where this amount will differ from one promotional period to the next. As a general rule, you’ll have to spend a large sum of money before claiming a cashback bonus. Also, while in some casinos the cashback program is automated, at others you’ll have to request it yourself by going to the casino cashier or contact customer support, your VIP team or VIP Account Manager.
What are the rules on cashback bonuses?
Reading the terms and conditions is a must when claiming a bonus and cashback bonuses are no exception. Find out exactly about your wagering requirements in order to be eligible and check what games exactly count towards cashback bonus offers; blackjack is commonly not one of them. Also, find out if there’s a cap on your offer.
Cashback bonuses are often calculated by taking a percentage of net losses in a specific period of time. In other words, you’ll only receive the bonus if you have a net loss during this particular time frame. Sometimes, although rarely, cashback bonuses can also be calculated on net wins instead of losses.
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