What is a Cashback Bonus?
A Cashback Bonus is a casino promotion that refunds part of a player’s losses incurred during a specified timeframe, such as a day, week, or month. The refunded amount is calculated according to predefined rules and credited after the period ends.
How a cashback bonus works
Cashback is typically calculated based on net losses, meaning total wagers minus total winnings for the qualifying period. Once the calculation period closes, the eligible cashback amount is credited to the player’s account.
Depending on the promotion, cashback may be credited as real money or as bonus funds subject to wagering requirements. The specific treatment is defined in the bonus terms and conditions.
Cashback bonuses in gambling promotions
Cashback bonuses are commonly used as loyalty incentives or risk-mitigation promotions. They are offered independently of deposit bonuses and are often available to returning or active players.
Cashback does not change game odds or outcomes. It only affects how a portion of losses may be returned after gameplay has concluded.
Cashback bonus and withdrawals
If cashback is credited as real money, it may be withdrawable immediately, subject to standard withdrawal rules. If credited as bonus funds, it must typically meet wagering requirements before withdrawal.
Cashback limits, percentages, and eligibility criteria vary by promotion and are always defined in the applicable bonus terms.
Frequently Asked Questions
What is a cashback bonus in online casinos?
It is a promotion that refunds part of a player’s losses over a defined period.
Is cashback based on total bets or net losses?
Cashback is usually calculated from net losses, not total wagers.
Is cashback paid as real money or bonus funds?
It depends on the promotion; cashback can be credited as either real money or bonus funds.
Do cashback bonuses have wagering requirements?
Only if the cashback is credited as bonus funds.
Are cashback bonuses used in crypto casinos?
Yes, crypto casinos commonly offer cashback bonuses under similar rules.
Does cashback affect game RTP or odds?
No, cashback does not affect game mechanics or probabilities.