Casino Cash Back Bonuses

If you’ve played at online casinos before, you might have come across cash back bonuses. These bonuses work by refunding you a percentage of your bonus money, or even a percentage of your real money, when you lose money through playing.

The amount of cash back you receive is determined by calculating a percentage of your losses either on a specific game or over a set amount of time. The percentage used varies between casinos, though it’s usually between 5% and 25%. Any money you receive as part of a cash back bonus will be refunded to your account.

Why Offer Cash Back Bonuses?

Online casinos offer cash back bonuses to encourage players to play a certain game or to attract new players to the casino. However, there are limits as to how much money you can receive as part of a cash back bonus. If, for example, you lose £300 on one game and the cash back offer is 25%, you would expect to receive £75 cash back, though if the maximum amount you can win is only £50, you will be refunded £50 only.

Bonus Money

Most of the time, cash back money is given out as bonus money. Some casinos do give out real money as cash back money, though this is usually only available for those who have reached certain stages of the loyalty program or VIP scheme.

Wagering Requirements

As with all other bonuses, there are wagering requirements in place. What this means is that you have to wager the amount you’ve won a set number of times before you can withdraw your money. While match bonuses tend to have high wagering requirements, with cash back bonuses, the requirements are a lot less. Most of the time, you’ll have to wager your money 10 times or less before you can then withdraw it.

Cash back bonuses are definitely worth taking advantage of because they give you more incentive to play games and they help reduce your losses.