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A cashback bonus gives players the chance to win back part of the money they’d lost, with a percentage of the amount credited to their playing account. That makes it a kind of loser’s bonus, since players who win aren’t eligible for any cashback at all. Below, we explain how a cashback bonus works at non GamStop casinos and how players receive it.
Types of Cashback Bonuses at Non GamStop Casinos
A cashback bonus is generally the same no matter which casino a player chooses. The percentage or the maximum amount could differ, though. There are also different variations, such as a daily, weekly or monthly cashback bonus.
Bonus Terms
In 99% of cases, a casino bonus comes with terms attached. The bonus amount then has to be wagered on the casino’s games. It happens regularly that a cashback bonus could only be used on specific games named in advance. That’s why we advise always going through the bonus terms carefully.
What Are the Playthrough Requirements?
Players have to wager a cashback bonus a certain number of times, and the terms vary from one provider to the next. At some online casinos, wagering it three times is enough at some casinos, but plenty of others have far stricter conditions. The more favourable the wagering requirements were, the sooner the money was free to withdraw.
The wagering requirement usually comes paired with stake requirements. One requirement might be a cap on how much a player could bet per spin on a slot or per round at the roulette table. Certain games types may be excluded too. All told, the cashback bonus tends to be less strict than a free spins bonus or a deposit bonus.
Facts & Fiction About the Cashback Bonus
Fact: a cashback bonus can run up to 20,000 euros
This could be true. Some casinos payout cashback with no limit at all. The conditions vary quite a bit from one casino to the next.
Fact: the cashback bonus is a loser’s bonus
Yes, that’s correct. Casinos only give a cashback bonus when you lose money. Win, and there was no extra bonus waiting at the end of the day.
Fiction: a cashback bonus is available at every casino
Sadly, no. A cashback bonus is a handy promotional trick for casino sites. But various casinos choose to offer different bonuses instead.
Pros & Cons of a Cashback Bonus
For many players, a cashback bonus is an appealing casino bonus. Losing money is a condition of getting it, sure, but players could still enjoy the terms that came with it. Think of it as a consolation prize, though some players see it as a second chance.
Pros
A consolation prize after an unlucky run
A second shot at a prize
Favourable bonus terms
High limits or none at all
Cons
You have to lose money to get the cashback bonus
Frequently Asked Questions About the Cashback Bonus
How does a cashback bonus work?
Online casinos offer a cashback bonus when players lose their deposited money on the casino’s games.
What is the wagering requirement for the cashback bonus?
There are online casinos where a player has to wager a casino bonus 40 times or more. A cashback bonus is a touch friendlier. Sometimes it didn’t need to be unlocked at all, or only wagered three times. That’s exactly why going through the bonus terms is a smart move.
Does a cashback bonus really add value?
Absolutely, it could make a real difference. When you lose money, the cashback bonus hands you a second chance and gives you another opportunity to win something back.
