Promotions and cashback bonuses at online casinos

Cashback offers are nothing but popular money back offers. Promotions calculate returns in different ways and award the player bonus money, which increases their potential to play. Offers can be one-time or permanent. They are calculated per day, week or month and, depending on the ease of obtaining them, may differ significantly from each other in terms of the condition for trading the allocated money.

• The offer gives the player the certainty of a second chance in the event that he should get a leg up.
• Most often it is reusable.
• It can have a varied payout ratio – from a few to tens of percent.

Cashback promotions are some of the most varied offers in online casinos. The payout ratio can vary significantly depending on the casino and the type of offer. In some cases, the player can count on a loss return of 5%, and sometimes even 20%.

How do cashback promotions work in online casinos?

The principle of the promotion is very interesting. Cashback is usually considered a consolation prize – in the event of a loss. The casino applies a specific formula to calculate the loss of money in a given period and grants a refund.

An example of a cashback pattern might look like this:

(Deposits – (withdrawals + Rewards + current balance)) * X, where X is the applicable percentage of return.

• The percentage of return most often depends on the progress in the loyalty program (from 2-20%).
• Cashback is awarded in the form of compensation for losses.
• It happens that the condition for launching a cashback is to make a deposit.

The method of calculating promotions may vary, but it is almost always about the losses incurred by the player.

Money back offers can take a wide variety of forms. Some are more easily accessible but have demanding conditions, while others are harder to get but give a very good trading condition, or even do not have it. Here are the most common forms of cashback promotions.

• 

  Cashback bonus no deposit

  A rare type of refund that:

  • does not require any rotation;
  • grants funds that are made available as real money – for direct withdrawal;
  • it is very rare and usually associated with a special offer.

  The Bonus usually requires the player to invest their own money. It may be linked to a sign-up bonus or a limited offer distributed with a bonus code.

• 

  Cashback promotion with 1x wagering requirement

  Rare promotional offer:

  • has a very affordable trading condition,
  • as a rule, it is one-time and associated with limited promotional offers,
  • the money back received has a 1-fold turnover condition.

  The low spin condition means that the player has to spin them once on the indicated games (most often slot machines), after which it can be withdrawn or played without any restrictions.

• 

  Automatic cashback bonus

  The most common form of bonus:

  • it is automatically awarded to players taking into account a specific period,
  • the system calculates potential losses once a week and pays out the cashback bonus according to the active counter,
  • the percentage of refund depends on the level of the account.

  Beginners can count on a small return (about 2-3%), but loyal users can receive a significant cashback, amounting to even 15-20% of losses.

• 

  Cashback as a one-time bonus

  An increasingly rare promotional offer is cashback in the form of a one-time bonus. As a rule, then you can count on much better conditions:

  • high return conversion rate,
  • lower trading conditions or lack thereof.

  Therefore, if someone comes across a promotion of this type, it is worth taking a closer look at it, because perhaps it offers much better opportunities than the commonly distributed returns in casinos.

Return of money and welcome bonus these are some of the most common promotions in online casinos. However, in terms of characteristics, they differ significantly from each other.

Cashback bonuses are always a chance to extend your gameplay and reduce the risk of playing. Therefore, if someone is going to play casino anyway, it's just worth using them. However, you should always consider all the pros and cons of such an offer.

Cashback bonuses have their pros and cons. You can even say that the advantages and disadvantages are balanced. Is it worth taking advantage of the offer to return the losers? Of course I do. It should always be remembered that playing in a casino is primarily entertainment, and the opportunity to receive a refund from possible losses is a chance to prolong it and reverse fate. Therefore, it is always worth using a refund that increases the attractiveness of playing at the chosen online casino.