Cashback Bonuses and How They Work
Cashback Casino offers have been used for many years to draw new players, reward loyal customers and hold you playing at the owner in question. In essence, a cashback bonus is what it sounds like, in which a prospective player is rewarded for playing at a specific casino, on a certain game or on a specific card at a specific casino.
A bonus may be applied on an outgoing transaction, such as on a new deposit, a withdrawal from a credit card or on the re-use of an existing card.
Other offers may be in the form of gift vouchers, which can be used at a point of purchase or online. Some casinos will match a bonus, meaning that if you play with a bonus that was won, you will be eligible to receive additional money equivalent to the original bonus amount.
With many poker sites now offering a no deposit bonus to new players or a loyalty scheme where a certain number of spins is required before one is allowed to play again, players are finding that cashback online casinos offer can add up real quick.
There are many sites today that will match your deposits, so when you place a bet, you are not only winning, but you are also cashing in. Players that feel that they may lose a little bit, should keep this in mind. Many people prefer to keep their winnings because they know that they have made their investment and they can come back and play again.
Different types of bonuses
There are different types of bonuses offered by online gambling companies. The most popular type of bonus is the no deposit bonus. It is available from all major sites and most smaller ones. This type of bonus is designed to lure players into playing. You will often find that this type of bonus will give a maximum of five per cent cashback on your deposits. This five per cent is in addition to the regular casino and poker bonus that players receive.
In addition to the no deposit casino cashback bonus, other types of bonuses are offered. Most sites will include spins on games. These include
- video poker,
- roulette,
- blackjack
- and baccarat.
Many of these bonus opportunities are provided to registered players. These are bonuses that players earn upon depositing funds into their account.
In addition to these free spins, cashback offers also include welcome bonuses. These bonuses allow new players to use the players credit card or debit card for added bonus points.
These welcome bonuses are used for depositing funds into the player’s account. In many cases, welcome bonuses will require the player to complete a specific number of spins. These include spins on
- roulette,
- baccarat,
- blackjack
- and poker.
The welcome bonus may be a one off payment or it could be offered multiple times. In most cases though, a welcome bonus is only offered to new players. It is a means to get new members interested in playing the games. Once they begin wagering money, they will most likely discontinue their participation in free offers and wager re-deposits.
A second type of bonus
Many casinos also offer a second type of bonus. Known as the sign up bonus, this second type of bonus requires the player to deposit cash before they can start playing. While many of the promotions that provide cashback bonuses require the player to deposit funds into their accounts. The sign up bonus does not require this. Instead, players are issued a bonus when they first enroll at the casino.
Please responsibly read the terms and conditions of each site that you sign up to play at. These are important documents. Please be aware that some sites may attempt to trick UK players into doing what is illegal. For example, they may encourage new players to make an initial deposit using fake credit card details. Please check all the facts before making any deposit. This will ensure that you are playing in a legal and aboveboard manner.