All About Cash Back Offers

Date Published: December 18, 2015

When players decide to begin gambling online, there are many things they need to consider when they are choosing an online casino. One thing that many players will focus on is the offering of casino bonuses. Most players who have visited an online casino in the past will be familiar with welcome bonuses and reload bonuses, but there are many other types of bonuses that can benefit any real money player. One bonus that can offer great rewards is the cash back bonus. While this is not offered at all online casinos, those sites that do offer it are preferred by frequent gamblers. This type of bonus is for players who already have an existing account and play real money games on a regular basis.

There are two types of cash back bonuses. One is a cash back on losses and the other is a cash back on total bets. The cash back on losses is a popular bonus that is offered online and since many players are not thrilled to have lost money, this bonus will give some of that back to the player. The cash back offer will present players with a percentage of the losses incurred over a specific period of time and present that cash as bonus money. For example, if the casino offers a 20% bonus on losses and players have lost $400 in a week, they will receive $80 in bonus money from the offer. Most cash back on losses bonuses will have a maximum value. This is not a way to recoup all losses, but it can surely help to provide players with more funds so they can continue playing.

Cash back on total bets is a bit different and with this bonus, it will not matter is the player wins on games or loses. This bonus is much more beneficial, though is it not as common as the cash back on losses offer. With this deal, players will get cash back based on the amount of money that has been wagered during a time frame. This bonus money is offered even if players win, so it is definitely one that has many advantages for the player. Most online casinos will limit the bets to those that have been placed on slots or video poker games, so watch for restrictions before redeeming.

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