Online casinos sometimes also offer a cashback bonus. This is a bonus where you can get money back if you have made a loss in the online casino. You will receive money back in the form of a bonus, but sometimes it can also be real money.
There are different types of cashback bonuses. In some cases you get 100% of your bet back, but in other cases it is only about a certain percentage such as 20 or 30%. In that case you are still partially responsible for the loss you have made.
The cashback bonus is a fairly small bonus compared to the other bonuses that are offered. You will not receive hundreds of euros of free play money. You can actually just place a risk-free bet in the casino. This bonus is often distributed to new players to give them the chance to learn how the casino works without risking a loss.
You do not get this bonus for free from the casino once you register. Usually you have to deposit money into your playing account yourself and place your first bet in the casino. Only if this first bet is losing will you be able to get a full or partial refund of your money from this bet in the form of a voucher or bonus with the cashback bonus.
Benefits of the Cashback Bonus
One of the advantages of a cashback bonus is that you are not always obliged to clear the money. This is the case with other casino bonuses. Some online casinos give you a cashback bonus in the form of money that you can withdraw immediately. You can then immediately withdraw this money without having to bet in the online casino first.
However, this is not always the case. Sometimes you have to wager the cashback bonus 15 or 30 times in the casino before you can request a payout.