New casinos use different techniques to try and outdo existing casinos. They offer customers a lot of incentives to attract more and gain loyalty. One of the offers you may receive is a cashback bonus. Most new casinos provide this type of bonus in place of a welcome bonus since it can be more profitable and can help extend your gameplay. High rollers, recreational players and low rollers can all benefit from claiming a cashback casino bonus.
How does this bonus work?
Every gambler desires to win from playing casino games and not incur any losses. Losing is however inevitable in gambling since things will not always work in your favor. Casinos try to help you continue enjoying your favorite game by returning a percentage of what you have lost. The percentage could range from 10-20% of your losses. A cashback bonus is not only attractive but simple since it increases your bankroll so that you have more money to continue playing.
The casino can offer a certain percent of your losses back to your account in real cash. They calculate the bonus amount as per the losses that take place within a specified duration. In most cases, the specified timeframe could be weekly. Casinos that offer this bonus give you a second chance to try by putting your losses in your hand in the form of cash so that you can use the money to make better decisions as you participate in a new or old game.
Claiming a cashback bonus
Unlike most casino bonuses that are hard to claim, cashback bonus is easy to claim. You can gain it from playing and losing. Though no one wants to lose, the cashback casino bonus softens the blow and give you a new opportunity to play wisely. The cash is deposited to your account within the specified period depending on what you have lost.
High rollers take advantage of this bonus since they are the ones that make the biggest investment and losing huge amounts can be painful. Cashback bonus acts as a backup during loses. Claiming the bonus is also simple since it is not attached to any wagering requirements. This is because you probably have fulfilled the wagering requirements by losing your cash during playing.
It is unfair for any casino to attach wagering requirements to cashback bonus. Ensure you look at this when choosing a casino and get one that has a valid license to avoid scams. A few casinos offer both the welcome bonus and the cashback bonus, and if you choose such, you should remember that welcome bonus are attached to some wagering requirements and it may hard to claim them.
A cashback bonus may be attractive but making losses after losses can make this bonus unprofitable. You should, therefore, use the right strategies when playing different games to increase your bankroll and avoid spending too much. In as much as the cashback bonus brings back money to your account, the amount is less than what you spend.