A Cashback bonus is a type of promotion provided by an online casino in order to attract new players. It provides players with a percentage of their total losses, which can be cashed out once they’ve met the criteria. This is an effective way for online casinos to retain their players, as well as attract new ones.
The benefits of a Cashback bonus vary from one casino to the next. Usually, it includes anything from a percentage of your total losses, up to an equal percentage to be added to your casino balance once you’ve met the wagering requirements. This type of promotion often goes hand in hand with other rewards such as free spins or reduced fees.