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Essential (6)

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Cashback

In the recent past, the popularity of the so-called cashback Bonuses has continued to grow. With this type of bonus, the Player is refunded a fixed percentage of his net losses, which he had to cope with in a certain period of time. Often, online casinos grant the less successful players a cashback in the amount of five to ten percent, sometimes even a little more. Some gambling providers have even completely abolished the classic first Deposit bonuses and instead offer permanent cashback payments.

How does cashback work in online casinos? An example

More and more online casinos reward their active users with seemingly attractive cashback promotions. The charming thing about this is that each player is refunded a percentage of their net losses. In this way, every player can therefore improve his personal balance sheet a little bit again. An example: If you deposited a total of 500 euros in the month of January and only paid out 400 euros, the bottom line is that you suffered a loss of 100 euros. If Casino A now offers a cashback promotion in which 10% of the losses are refunded, then the player in this example would receive 10 euros in his player account without any further action. Usually, this is Bonus money, so that the cashback must first be wagered several times before the so-called payout maturity is reached. In exceptional cases, however, cashback bonuses are also granted completely without turnover requirements.

Basically, cashback is a kind of small money-back guarantee. This meaning can also be derived from the translation: "cash" means cash and "back" means back.


Other terms related to the topic "Casino in general"

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