To attract new players and motivate regular customers, online casinos offer various bonuses to visitors. Newcomers receive gifts for registration and account verification. Gamblers are rewarded with incentives such as free spins and money for depositing funds, participating in tournaments, and promotions. One of the bonus options in online casinos is cashback. This is a refund of part of the money lost by the customer on slot machines. Cashback can be a tool of a loyalty program or a separate type of reward.
Varieties of cashback in casinos
Many online casinos offer promotions and bonus offers with cashback services for customers. The cashback amounts, terms of provision, and frequency of bonus accrual vary. On most gaming platforms, gamblers can get back from 1 to 15% of the money spent. Cashback is credited in the form of points for lost bets or as a percentage of the funds deposited. Depending on the frequency of payouts, cashback bonuses in casinos can be of several types:
- Weekly – activated once every seven days, can be credited on any day of the week depending on the club’s bonus policy;
- Weekend – cashback is credited only on weekends when there is high user activity on virtual platforms;
- On specific days – casino visitors are refunded lost money on a specific day of the week.
Depending on the method of accrual, cashback can be automatic, periodic, or upon customer request. With automatic accrual, the bonus funds are credited to the player’s account instantly without their participation. If the cashback is periodic, the money is returned at a specific time, for example, once a week or month. Cashback can also be activated upon the gambler’s request in their personal account under the gifts section.
How to get cashback in an online casino
Most often, the bonus is provided as part of a loyalty program. The higher the player’s status, the more privileges are available to them, including increased cashback. To use the cashback service, you need to:
- Choose a reliable legal casino;
- Familiarize yourself with the Rules and Conditions;
- Register and verify your account;
- Deposit funds and activate bonuses;
- Place real bets on video slots;
- Receive cashback upon request or automatically.
The bonus is credited to the player’s main account. The refund amount depends on the amount of bets made and lost. Thanks to cashback, many gamblers manage to partially recover lost money.