Cashback – Heres how it works
The Cashback phenomenon is actually pretty simple. The casinos usually have a percentage of how much you’ll get back if you lose, it can vary from 10-20% depending on the Casino. This means that you’ll be getting back 10-20% of all your losses. Theres also another type of bonus that’s very similar to Cashback but when you win instead, this is called Top-up and this means that you’ll be getting 10-20% more than what you originally won. If you were to win 100 Euro with 10% Top-up you’d instead be getting 110 Euro. A great example of a casino that offers both Cashback and Top-up today is Yeti Casino.
Is there any negative aspects of Cashback?
Cashback money can come with different terms, this can sometimes be terms which states that you have wagering to do on the money you’re getting back. Sometimes you might even have a maximum limit on how much money you can actually get in Cashback. The wagering is something that is very common on all sorts of casino bonuses today and it’s absolutely nothing that isn’t possible to do. In reality, thereares no real downsides to cashback at all, it’s just a sort of extra chance or a lifeline to get your money back if you were to lose. The same thing applies to Top-up, if you win you get even more money, how cool isn’t that?
Why does casinos offer Cashback?
Today it’s very common that New Casinos offer different sorts of bonuses to their players when they register and this is only to attract more players. All casinos want to have you as a player and that’s why they have to offer something special and unique that other casinos doesn’t have and this usually comes in the form of different deposit bonuses and Free spins but also Cashback and Top-Up. Cashback is like a loyalty bonus with the purpose of making you loyal and a reoccuring player. In the end both sides win, you get your bonuses that increases your odds against the casino and they get more players. Hopefully we’ll see more players pick up on this new trend with Cashback and Top-up in the future considering it’s a very successful method. If you like these unique and new bonus types you should also check out No-Sticky Bonus!