The Casino Cashback – Is It Worth The Time And Effort?
How to Earn a Casino Cashback
You probably have already experienced a casino cashback when dealing with your bank or some online businesses. These are really just an incentive in order that you might trust these organisations with your time and money. Credit cards commonly make use of cashback as a motivational factor to make you pay with their own branded products.
In the casino industry, the cashback is a specific type of reward. Essentially, by definition, it’s a form of cash that the casinos will deposit into your bank account when you’ve made a loss. You can look at this as a loyalty bonus, whereby giving you extra funds, they hope that you’ll keep gambling.
If we’re being absolutely truthful here, then that’s the main purpose of the casino cashback. By giving you extra cash they’re hoping that you will play for a longer period with them. For the casino, it’s a small price to pay to keep a customer happy. For the player, it means they can partially refill and then stretch their depleted bankroll. And still have the possibility of some cash prizes and to win the jackpot online. So in some ways, it’s a win for everyone.
How Does The Casino Cashback Differ From Other Bonuses?
Depending on how much the player has lost during a gambling session, the cashback is calculated on a percentage of those losses. The actual calculation is done on a daily, weekly, or monthly basis, and can be from as little as 1% going all the way up to 20%, and more. Everything will depend on the casino in question. And the bonus policy they follow. Keep in mind that you will not get this for all games, so check first. It goes without saying, that one of the main conditions is that you must have played with real money to start with. Or, to translate this into real down to earth terms, you must have lost a fair amount of money in the first place!
We suggest that you take a careful look around the different casino offers to find the right cashback offer for you. When you decide on a cashback casino, then you’ll need to open an account and make a deposit. Some casinos will offer you an opportunity to receive casino cashback for every single lost wager. And not just for the day, the week, or the month. But incredibly, for your entire lifetime playing in their casino. Your casino losses are on display in an account that shows the accumulated cashback. You’ll then receive the cashback bonus each month, directly paid into your bank via Skrill or PayPal. As always, please take your time to read the site’s terms and conditions very carefully before you use any of these cashback bonus promotions.
The Casino Cashback is a Marketing Strategy
Typically, a casino cashback will be on offer to new players. This is really a marketing strategy to encourage them to register, make a deposit, and play. On the whole, you find these differ from regular bonuses in that the cash sums promised actually go directly into the player’s bank account. Though, once again, this would depend on the service you’ve decided to choose. If it’s a regular cashback premium, then you’ll need to apply to make the withdrawal and normally it’ll take a few days to clear. You’ll find that many of the largest and most popular casinos will offer their own cashback programmes for players. The amounts on offer can vary and be anywhere from £5 to £500. If you go to Bet365 Casino, you’ll see that they are giving a cashback offer of 10% if you bet £25.
Check Out The Casino Cashback Games
We suggest you take a good look to see which casino jackpot games the cashback program is applicable for. You may well find some of the games that would give you, as a gambler, the best odds, like roulette or blackjack, may not be included in the casino cashback program. On the other hand, slots almost always are included. Another point is that you’ll need to play through the wagering requirements for the bonus. Unfortunately, these are more often than not much stricter with cashback bonuses than with other types of casino incentives. Another thing to keep an eye on is time limits.
You may find that you have to use the bonus within a certain time frame after you have collected it. All this means is that when it comes to cashback bonuses, nothing is quite as simple as it first appears. ideally, you want to find the best casino site to play, with the best bonuses and incentives.
Free Cash – Too Good to be True?
We like to point out at jackpotfinder.com that casinos are not charities. That’s why, on the surface, looking at a casino cashback bonus, it may appear to be too good to be true. It is, after all, free cash. But as with all casino bonuses, the main beneficiary of any bonus is the casino that’s giving it. Believe us, the casino has taken a calculated risk in donating money to someone who has already lost considerable sums. To that extent, it’s not really free cash, but rather an incentive for the player to keep spending more of their own money.
If you want to see the real truth behind any casino cashback, bear in mind that it’s only ever paid out when you lose. And the more you lose, the more you’re able to claim back. So yes, in truth, it’s actually your own money that they are giving back to you. It’s an incentive to carry on gambling. Some players might see these as loyalty rewards. We don’t subscribe to this view. We see a cashback as a consolation prize after losses.
No Losses Required
On the other hand, there are some casino cashbacks where you don’t actually have to lose any money in order to get a payout. Essentially, you are getting back a tiny portion for every bet you make. So you would gain, for example, one point or 0.5% for every £10 you wager. At a certain point, this amount is paid out to you. But don’t get too excited, as the amounts rarely exceed £10 in a month for a casual gamer. Unfortunately, the casino’s generosity is limited even further, as these sums will have quite severe wagering requirements attached to them. Still, it’s something better than nothing. At Bet365 Casino they have a number of cashback offers. But much better than those is their welcome bonus of 100% up to €/£100. This will really help you gamble for longer.
We suggest that you don’t look at cashback bonus deals as free money. First and foremost, they are a promotional tool. An incentive to keep serious gamblers gambling. Don’t start to go over-spending because you think that you’re going to receive a worthy cashback. It’ll always be a much much smaller amount than you imagined. And remember, it comes from your own losses.
How to Choose The Best Casino Cashback Programme
It’s imperative that you spend some time and effort looking into all aspects of these offers before you make your decision to sign up with a new casino for a casino cashback bonus. Included within this research will be their cashback promotions. You should check through social media and casino forums to see what other gamblers who have experienced this have to say about it. One thing we should point out is that you don’t have to make use of any of these casino bonuses if you don’t want to. only some of them might help you to increase your jackpot winning chances.
Here at Jackpotfinder.com we don’t recommend signing up for them simply because it may help your bankroll last a little longer. For a start, it’s a tiny sum. There are plenty of other bonuses that will better benefit the gambler. In truth, cashback offers only serve to get gamblers deeper into a hole. One of our golden rules is, only ever go gambling with a fixed preset budget. Cashbacks go directly against this. We believe that once your bankroll is finished, then it’s time to go home.
