What are cashback promotions?

Created: 07 March 2019
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Cachback promotions are a type of bonuses offered to new and existing customers. They can be credited to players’ accounts as bonus or real money. What’s common for all cashback promotions is that they are given as a percentage based on your losses.

Some casinos offer these promotions on a regular basis, weekly or monthly, while others give them on special occasions. The rules are mainly the same: you play your favourite games with real-money wagers and a percentage of your net losses is credited back to you. The percentage may vary from one casino to another, but in most cases it is between 10% and 25%. Usually, the casino sets the maximum limit to a cashback amount you can get.

Cashback promotions are typically a part of loyalty schemes that can be claimed by VIP players on a regular basis. This is one of the marketing tools casinos use to make their customers come back for more. However, at some gaming venues you can make use of cashback promotions as a beginner as well. Certain gaming establishments offer cashback promotions to live casino players instead of a regular welcome deposit-based bonus. 

Just like other bonuses, cashbacks can be subject to wagering requirements you have to meet in order to turn bonus funds into real money. If cashbacks are credited to you as real money, you won’t have to play them through and you will be allowed use them as you like. That’s why it is important to refer to the terms and conditions and check out the fine print before you claim such an offer.