Another type of offer that you can find at online casinos is the cashback bonus. This particular offer is not as common as the first deposit bonus, reload bonus or free spins but it is always worth claiming it if a casino offers it.
The way cashback bonuses work is pretty simple:
- You play casino games with real money for a certain period of time and lose;
- Your net losses are totaled up and you are credited in bonus form with a percentage of these as cashback.
If you end this certain period of time with a net profit you will not qualify for the cashback bonus. Only if you lose money will you qualify for this offer.
Sometimes the cashback is credited as bonus money, which you cannot withdraw, and on other occasions you will receive real money that you can withdraw at any time.
The cashback amount is usually between 5% and 25% of the net amount you lost.