A percentage of the lost money you wagered on casino games can sometimes be added back to your account. This is where the cashback bonus offered at some online casinos comes into play. They come with straightforward rules and promise a consolation prize after losing streaks. We will use this guide to highlight the top casino cashback bonuses analyzed and reviewed by our experts. In addition, you’ll read tips and advice that will help you maximize the effects of cashback bonuses.
There are many online casino bonuses, and cashback bonuses are among the most popular ones. Simply put, cashback bonuses represent a unique casino bonus that enables players to get back a specific percentage/amount of the money they have wagered and lost at the casino site.
Of course, to get a chance to use a deal like this, you should make a deposit and wager real money on games. Typically, cashback bonuses are calculated based on the player’s losses during a particular timeframe or for a specific deposit. For instance, you can expect to receive 10% of the money lost in 24 hours, a week, or a month. In most cases, casino sites offer weekly cashback deals. They can also promise to give you back a specific percentage or amount of the first (or any other) deposit you’ve made once you wagered the whole amount.
The important thing that every player should remember is that they must deposit and play first. After that, they must lose money to win some of them back. The bonuses are available only after these actions are taken. These are some of the things that make cashback bonuses different.
Another thing that’s unique about cashback bonuses is the wagering requirements. As we all know, many online casinos offering promotions related to placing deposits come with wagering requirements of 25x or more times the player’s bonus amount (in some cases, the deposit amount is added to the equation too). On the other hand, most casinos are more lenient regarding cashback bonuses’ wagering requirements since players already have to put in a decent amount of play to qualify in the first place. Typically, the wagering requirements are lower than 5x. This means you usually have to wager the awarded amount once or twice to make the winnings cashable.
As mentioned earlier, players from South Africa can qualify for a cashback bonus by depositing and wagering a certain amount of money. Different types of cashback bonuses are available on gambling platforms, like weekend cashback bonuses, happy hour cashback bonuses, cashback offers for a particular game and VIP cashback bonuses.
With the weekend cashback bonuses, players can expect to get rewarded every Monday after playing during the weekend. This makes sense because most users are active on Saturday and Sunday. Then there are the happy hour cashback deals issued for play in a specific time slot during the day. In our experience, they are usually available to players who have lost money playing right after business hours. Another great deal is the cashback offer for a particular game. For instance, when online casinos have a new game or are encouraged by the game’s provider to promote it, they provide cashback deals for that specific title. Finally, VIP cashback bonuses are supplied by operators that have VIP programs. Interestingly, they usually increase the percentage related to this bonus as players progress on the VIP ladder.
Casino cashback bonuses are pretty popular in South African casinos, which means you can find many attractive deals. Once you read our guide, you can rest assured that you get the most from these offers.
Claiming a cashback bonus is a simple process, and it can also be rewarding if you follow our tips and advice. For those who are just starting, we have prepared a few simple steps that can help them with this bonus.
First, you should choose an online casino with a cashback bonus because not all sites have them. Next, you should focus on the one that suits your gaming style. We have listed the best online casinos in this guide to save you some time.
The next step is to claim your cashback bonus which is as easy as 1, 2, 3. In some cases, you should use a bonus code; in others, you should claim it from your casino account.
Once again, we will note that analyzing the terms and conditions linked to the bonus offer is vital. With their help, you will learn about the wagering requirements (if any), the deadlines you should meet, the game contribution, and more.
Cashback bonuses are indeed simple and easy to use. Still, it’s also true that more than one type of this deal is available in many online casinos. So, learning about the different types of this bonus is crucial for understanding what you can expect and how to get the most from them. We have prepared a list
With the cashback bonuses based on time frequency, players will cover some of their losses sustained at a specific time of the day or week. For instance, you can get a particular amount based on your losses during the weekend.
As the name suggests, this cashback deal will provide a percentage of the player’s losses without meeting a specific time requirement. For example, players can get back 10% of their losses once they wager their last deposit.
Game, or event-orientated, cashback bonuses are associated with a particular group of games or a specific title. This is an excellent option for those who like the game/s covered with this bonus. So, you can play that title, have fun, and even get back some of the money you’ve wagered if you’ve lost at the end of the session.
Wagering requirements are also known as playthrough requirements. WR are part of the terms and conditions for a no deposit bonus. Wagering requirements are multiplier rules associated with the promotion. It indicates precisely how many times Players must rollover the bonus before they can withdraw any funds.
A $20 no deposit bonus subject to a 30X wagering requirement means that players must wager their bonus amount a total of 30 X ($600 in bets) before cashing out any payouts. Any attempt to withdraw without meeting the playthrough requirement will invalidate the bonus + payouts in the account.
The portion of the offer that is subjected to wagering requirements is usually indicated in the bonus terms and conditions. Wagering requirements can be applied to both deposit match bonuses and free spins bonuses, and in some cases, wagering requirements may also be applied to your deposit amount.
Those who want to maximize the effects of the cashback bonus they have claimed should develop a strategy and stick to it. Our team has a few tips that can help players achieve this goal.
Start by checking the terms and conditions related to the cashback bonus. This is how you will learn the mechanic of the offer and what you have to do to cash out the winnings. Pay special attention to the wagering requirements.
You should never chase losses, even if there’s a cashback bonus. Remember that these promotions give you a portion of what you’ve lost. Setting a budget and knowing your limit before using cashback deals is best.
If the terms and conditions are the same, you should always pick the casino site offering higher cashback percentages. This makes sense because you will get more money back into your account.
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A cashback bonus represents a unique kind of bonus offered at many online casinos that promises to cover a certain percentage of a player’s losses after a specific period of wagering real money on casino games.
One of the best things about cashback bonuses is the non-existing or low-wagering requirements you have to meet when using these offers. They are also easy to claim.
Every online casino has specific terms and conditions for using cashback (or any other kind) bonuses. To learn whether you can use a cashback bonus, you should read these T&Cs. Sometimes, these deals are available for a specific period or focused on a particular title. Also, sometimes they are available only to new players.
To get an answer, you should know your gambling style and preferences. Generally speaking, casual players who don’t play often will benefit more from a standard welcome bonus. Those involved in this activity regularly and sticking to one casino site will get more from cashback bonuses.
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