What you need to know about cashback at online casinos
In modern gaming halls, the game is often accompanied by a loss. No one is immune from failure, this applies to both beginners and experienced players. And often, after an unsuccessful series, a gambler begins to look for the reasons for losing, thinking about a variety of things. Some even blame the virtual institution, they want to change it in the hope that everything will change for the better. But in order to keep the user’s attention, the casino administration offers various kinds of bonuses, including cashback.
What is cashback?
This terminology was originally used in banking and meant the return of part of the spent funds of the consumer. As for the casino itself, here the administration returns part of the funds lost by the user for a certain period of time. Of course, this is only possible if the player has gone into the red for the specified period. The system automatically counts all wins and losses, and if the result is negative, you can count on a refund.
If we talk about the percentage of cashback, then it all depends on the casino. Most often, the indicator does not exceed 20%. But it all depends on various factors:
- User status on the site.
- Player activity for a certain period of time.
- Loss amount and so on.
What can be cashback?
Of course, often the player receives real money in the form of a return, but sometimes it is also some bonuses. If it is money, then the player can use it at his own discretion, either for betting or withdrawing. The bonus must be wagered in certain slots and games within a specified period of time.
How to find a casino with cashback?
When choosing a gaming establishment with a refund, you need to take into account a number of points at once:
- An assortment of slots where you can play for returned funds.
- How often does this kind of promotion take place on the site. It can be regular or temporary. Rarely seen as a gift for the holidays.
- Maximum return limit. Often the gambling house puts an upper limit on the return of funds, but sometimes it is absent.
- How much cashback is credited. This can be immediately after the end of the promotion or during the specified period.
Can cashback be denied?
It is important to read the rules when choosing a gambling establishment. In some cases, it is said that the casino may refuse a refund without giving reasons. But often this applies to professional players who apply some strategies.
That is, the player plays with profit for weeks, but at a certain moment a black streak sets in. So there is a desire to return at least a part, but this is unprofitable for the gaming establishment, so with a high degree of probability a refusal will follow.
