Many bright and positive emotions relate to online gambling, as you know. It’s cool to anticipate the brightest moments of a game, to be lucky and leave opponents behind. But the truth is that everyone faces losses – disappointing and frustrating. It’s one of the reasons, why people want to get compensated in any form – free spins, promos and bonuses including cashback bonuses too. Thereat, it’s very important to check all the regulations for every bonus you claim.
Well, cashback bonuses somehow soften the blow of casino losses and motivate players to try their luck again.
Do casinos actually have to offer cashback bonuses to gamblers?
No, they do not have to. It’s just a sign of goodwill that may vary from one site to another but normally does not exceed 20% of losses.
Sometimes this type of bonuses is offered to supplement welcome bonuses, in other cases – they are fully independent. Another advantage of cashback bonuses is avoidance of wagering requirements. They are very simple and people like it very much. They come and lose some money and get a certain piece recompensed. Nowadays, it is becoming the most sought-after kind of financial encouragement for players who gamble online. And they get it in real cash.
Cashback bonuses may vary in the aspect of an unfortunate period of losses, i.e. you can be recompensed on net losses occurring within a certain predetermined period of time, or on the losses that occurred on certain deposits. As a rule, calculations for these bonuses are made once a week.
Cashback bonuses normally refer to all games at the gambling site and especially to slot games. They cover the entire sum of money you bet with and recompense your losses. As for limitations, read the guidelines and regulations – if you are offered 20% cashback with the amount up to 100 euros, then 100 euros will be the max. amount you will be recompensed regardless of how much you bet.
Cashback bonuses may also have limitations on an amount with no connection to a percentage. For example, if you can only get recompensed up to 150 euros, this will be the max. sum you will get regardless of your playing time.
Compared to all other bonuses, these ones normally assume extensively different requirements. In this case, players are not rewarded for initial playing, but for their loyalty to a gambling website.
Rules of claiming
This is very easy. If you play with real cash, you automatically claim cashback bonuses. It feels good to get something back when you lose your bet. The source of the recompensed money can be a casino itself, or a game provider when you choose specific games. And it does not depend on payment methods you prefer.
You get the repaid amount directly to your account without claiming the bonus, just automatically.
You should note that some gambling sites provide the treat only to VIP players simply because they have already paid for playing experience in a casino. That’s why this sort of encouragement is widely considered to be more attractive for high-rollers.
In fact, it’s up to you whether you use any bonus or not in a casino. Certain playing style may contradict using bonuses. Those who play more and spend more usually may get the best out of bonuses. And this fact is not surprising.
For many players, cashback bonuses become the reason to return to a casino in a couple of days to test their luck again. It gives the feeling that you are in a win-win situation. You get money even if you lose. Even an unfortunate experience turns into a treat. And the more loyal you become, the better conditions are offered by a gambling site. Another substantial advantage is that you are not expected to do anything special to claim the bonus, even to reflect upon your results. To feel confident and calm, make sure if the casino has a valid license.
Those players who spend a lot, win from cashback bonuses substantially. That’s why they feel a bit demotivated about the recompensed amounts for an average value play. Regular players also tend to win more from cashback bonuses as the most loyal gamblers. Besides, they may also enjoy some bonuses as leaders of the game or VIP users.
Is it legal?
You do not take any risk when claim cashback bonuses, because they are absolutely legal. However, you need to obey the laws of the country and be absolutely sure that bonuses are legitimate there. Do not underestimate the importance of double-checking gambling sites for licensing and compliance with the local laws. Avoid playing in casinos that cannot be legally part of this business.