Casino cashback bonuses are one of the best ways through which gambling operators attract more players to their platforms. The better the rewards are, the more new customers are likely to register and play. Of course, these promos need to apply to their favourite games as well. There are two main types of bonuses – deposit and no deposit. The one that we are going to talk about in this article is the cashback bonus, a no deposit bonus. We will explain what this offer represents, how can you claim, what you should look out for, etc. Let’s start breaking down the details.
What is a Cashback Bonus?
A cashback bonus is a no deposit reward at online casinos. It redeems a percentage of your lost amount over a certain period. This period can be daily, weekly, monthly, or annual. It all depends on the casino’s policies. Even though you need to wager real money on the featured casino games, you are not required to make a specific deposit to claim a cashback. That is why this offer is considered a no deposit bonus. In terms of the percentage, it varies mainly on the casino’s policies and/or your loyalty status at the operator.
How to Claim a Cashback Bonus?
One of the things that players ought to know about casino cashback bonuses is how can they claim them. Well, you will be pleased to know that the process is very simple. There are just a couple of steps that you must complete.
Step 1. Find a Casino That Offers a Cashback Bonus
First up, find a casino that offers a cashback bonus. When searching for a secure platform, you must make sure that it holds a valid license. To check the license, you just need to scroll to the bottom of the home page. The footer will show you all the information. Cross-reference the license information with the regulator and if it checks out, then the casino is secure and legit. However, if it does not possess a license, then we advise you not to sign up as the casino cannot guarantee your safety.
Step 2. Read its Cashback Terms and Conditions
Just because the casino is legit, that doesn’t mean that you should register. Before you do that, read the terms and conditions of its cashback bonus. Make sure that they suit you and that the cashback itself applies to games that you are familiar with. There’s no point in playing games that you don’t know just to claim a certain promo. If you do that, you just increase the risk of losing money.
Step 3. Register and Deposit Money
If the terms and conditions suit your preferences, then you can proceed to register. Click on the signup button and provide the operator with the required information. Licensed casinos utilize the latest SSL encryption softwares, hence you can rest assured knowing that your sensitive information is safe. Choose a payment method and deposit money into your account. Be mindful of the minimum required deposit limit.
Step 4. Play the Featured Games
After you sign up and deposit money into your account, you can play the featured casino games for real money. Keep in mind that if you wish to claim the cashback, the casino will redeem a percentage of the lost amount, not the full amount that you played with.
Step 5. Log in on the Specified Day and Claim the Cashback Bonus
In the end, all that is left is to log in on the specified day to claim the cashback. If the bonus does not have a promo code, then the casino will transfer it automatically after you log in. If it does, then you will have to enter it in the required field.
Types of Casino Cashback Bonuses
As we mentioned earlier, the cashback gives you a percentage of your lost amount on casino games. But did you know that there are several types of cashback bonuses, depending on the eligible games and players? Let’s check them out.
The first type of cashback is a standard one. This bonus is available to all players that have a registered account at the casino. They can play the eligible games for real money and the casino will redeem some of their lost amounts.
VIP cashback bonuses are available to players that are members of loyalty programs. These programs offer exclusive benefits to a certain group of players. One of those benefits is increased cashbacks on a more frequent basis.
Standard Casino Cashback
A standard casino cashback is a bonus that can include the two previous types. How? It’s all about the eligible games. This type of offer is valid for standard casino games. In most cases, that only includes table games: • Roulette • Blackjack • Poker • Baccarat • Video poker
Live Casino Cashback
On the other hand, we have live casino cashback. As the term itself suggests, this bonus is valid on live games only. Apart from using it on live roulette, live blackjack, live poker and live baccarat, you can also reap its benefits on game shows.
Bonus Terms and Conditions
When you claim a cashback, the funds that you receive are non-withdrawable. In other words, you must use them on the eligible games. Apart from the eligible games, there are a few extra terms and conditions that you must pay attention to.
First up, we have the cashback percentage. It varies from one casino to another. Additionally, if you are a member of a loyalty program, it may increase when you reach a new level. In most cases, the standard cashback is around 10-15%.
Once you claim a cashback bonus, you will have a limited time to use it. If you go over the timeframe, then the casino will forfeit the bonus. Pay extra attention to this as this promo is known for its short validity.
Not all countries and regions are eligible for casino cashback bonuses. After all, each nation has its laws and regulations. Hence, an offer of this type might not be available if your laws deem it illegal.
When you claim a cashback, you will receive a percentage of your lost amount, but this bonus has a cap on the maximum amount of money that you can receive.