What is a casino cashback?
A casino cashback is a refund of a portion of your gambling losses over a set period of time.
Cashbacks are usually calculated as a percentage of your net losses, and paid out either in cash or as a different bonus type.
Casino cashbacks are a great way to get some of your money back after a losing streak.
Example of a casino cashback
Most online casinos offer a cashback program, which gives you a percentage of your losses back after a certain period of time.
For example, with a 10% cashback casino bonus you may get 10% of your losses back after a week: with a $100 deposited and $50 lost, you get a $5 back
Types of casino cashbacks
Percentage cashback casino bonus: A percentage cashback bonus is a type of cashback bonus that gives players a percentage of their losses back as cash.
For example, if a player deposits $100 and loses $50, the player would receive a $25 cashback bonus.
Flat rate cashback bonus: A flat rate cashback bonus is a type of cashback bonus that gives players a fixed amount of cash back regardless of how much they deposit or lose.
For example, if a player deposits $100 and loses $50, the player would receive a $10 cashback bonus.
10 best casinos with cashback bonuses
Here is a reviewed list of ten best casino sites that offer great cashbacks:
- Dunder Casino
- Ninja Casino
- Gogo Casino
- ComeOn Casino
- Spela Casino
- Hyperino
- Pronto
- Fast Bet
- GoSlot!
- Speedy Casino
- 21.com Casino
- Mr Green Casino
Note! You can find a lot of value in pay n play casinos, as these sites often opt for cashback bonuses as rewards for players.
Pros and Cons of casino cashback offers
Casino cashback bonuses are one of the most popular casino bonuses available to players.
They offer a great way to get some extra value out of your casino play, and can be used to boost your bankroll or simply offset any losses you may incur.
However, there are some things to keep in mind before you opt for a cashback bonus. Here are some pros and cons to consider:
Pros
- Can provide a nice boost to your bankroll
- Can be used to offset losses
- Can help you clear wagering requirements more quickly
- Can be found at a variety of online casinos
Cons
- May have high wagering requirements
- May have maximum cashout limits
- May not be available on all games
- May only be offered to VIP players
What you need to remember about cashback casino offers?
While casino cashbacks can be a great way to offset some of your losses, it’s important to remember that they are not a guarantee of profit.
Cashbacks are subject to wagering requirements, and you will only be able to withdraw your winnings after meeting these requirements.
Before claiming a cashback offer, be sure to read the terms and conditions carefully.
Pay attention to the minimum deposit required to trigger the offer, as well as the maximum cashback amount and the wagering requirements.
If you’re a regular casino player, then casino cashbacks can be a great way to boost your bankroll.
However, if you’re new to gambling, it’s important to remember that cashbacks are not a sure thing. Be sure to gamble responsibly, and only claim offers that you can afford to lose.