There are many ways that online casinos use to reward their players. In fact, we can say that when it comes to incentives given to players by casinos the options are endless. From rewarding VIP programs to various bonuses, promotions, and gifts, online casinos are constantly coming up with unique and engaging ways to give something back to their community. One of these ways is the cashback bonus, an incentive that is all about giving back to the players for their loyalty. Due to the unique nature of cashback bonuses, it is fair to say that these bonuses are the main reason why so many players choose to proceed to play at their favourite online casino despite their losses.
As you can guess by the name, cashback bonuses are all about giving you a portion of your losses back in the form of a bonus. Casinos know that they depend on your hard-earned money to make a living, and due to this, they must find a proper way to reciprocate. Well, one of the most effective ways to achieve this is by covering part of the losses themselves, and when it comes to covering your losses, there is hardly a better bonus than cashback.
Types Of Cashback Bonuses
The cashback bonuses come in various shapes and sizes, but almost every single one of them is based on the same principle. You must lose a certain amount in order to be eligible to claim the bonus. How much you need to lose, and the amount of the cashback bonus itself will greatly depend on the casino. Naturally, casinos with big incomes that work with large volumes will offer rather substantial cashback offers to their players. Some casinos even have several tiers of cashback offers to match the spending habits of different type of players. While these things may differ from one player to another, they all come with one condition. You have to spend money, to get back a cashback bonus.
Certain casinos will require you to spend a certain amount of money prior to giving you a cashback. These types of casinos usually don’t impose timelines when you can claim your cashback, being that the only requirement is for you to spend within the designated amount, and as such, you are eligible to claim a cashback bonus every day. However, be aware. This usually entails spending upwards of $500 to get a cashback bonus of 5% or more, depending on the casino. This is where you need to be extra careful and not rely on covering your losses solely by claiming a cashback bonus.
Similaly to this, there are casinos that set time limits when you can claim your next cashback bonus. This may include weekly, or monthly timelines, meaning that you can claim a cashback offer once per week, or once per month. Despite not being so frequently available as the daily cashback offers, these types of cashback bonuses are usually far more rewarding. The reason for this is quite simply. The less you are eligible to claim the bonus, the bigger the cashback percentage at the end.
These type of cashback bonuses may reach up to 25% return on your losses. However, you should be aware that even these type of cashback offers may come with some serious deposit requirements. At the end of the day, the casinos will return a portion of your losses in the form of a bonus, and not the whole amount. Unfortunately, we are yet to see an online casino that will give you 100% cashback on your losses.
As you probably already assume for yourself, claiming a cashback bonus is pretty straightforward and simple. The type of the cashback bonus, however, will vary depending on several conditions. One is the magnitude of the casino. Another reason is the software that the casino uses, then the market that they are targeting, and finally, the strategies that casinos use to attract new players. Regardless of all of this, the amount that you will get depends solely on how much you are able to spend, which is pretty much the norm for all of these offers.
The percentage of cashback, as we said earlier, differs from casino to casino, and from player to player. It usually is between 5% and 25%. Though it is good to mention that members of VIP clubs at certain casinos enjoy even greater cashback perks and offers than regular players. If you want to know whether the VIP at your casino has this offer, simply head to the designated page for VIPs and check the benefits.
Our Cashback Offers
Gamblers Connect will hand-picked what we believe to be the best casinos with the most lucrative Cashback Programs on the internet. The Cashback system is a great way to reward not just big spenders, but everyone who suffers losses at the hands of the casino. This is why we take this section pretty seriously. It is a common misconception that only big spenders can enjoy the perks of cashback bonuses, and this is something that we want to change. The casinos employ this strategy in a way that the more you spend, the greater the cashback.
Well, we are here to bring you cashback bonuses and a return on your losses regardless of how much you spend. Most of the players choose a casino that has a generous return, so having all the necessary details beforehand is absolutely crucial, and this is why you have us in your corner. We have seen and experienced numerous cashback programs at hundreds of casinos first-hand. Thanks to our extensive experience in gambling, we know exactly what types of offers you deserve. In other words, whatever you pick, you simply cannot go wrong.