Cashback bonus refers to a monetary incentive that a casino gives back to its users once they deposit a certain amount of money and is a percentage of the amount they deposit on their player accounts. Ultimately, the casino will demand that the players use the cashback reward to place other bets.
Venezuela is a leftist state which controls and regulates all land casinos. The state further operates all lotteries, plus greyhound and horse racing gambling as a monopoly. As for online gambling, there are no clear laws on this emerging trend. Venezuelan gamblers can freely play online casino games, and in fact, the country licenses several online operators.