Most casino bonuses focus on drawing in new players. However, some also offer rewards for existing players. The competition between online casinos to attract new players is intense. However, the competition to keep existing players happy is just as intense. There are so many great online casinos on the web. It is very easy for unhappy players to simply find a new casino to play at. This is why many online casinos try to come up with great rewards and benefits for their players.
Most good online casinos will have a rewards program of some kind in place. The majority of these programs work on a points system. This means that for every game you play or bet you make, you earn points. These points can then be collected and exchanged for casino cash. The casino will work out your points value and deposit the money into your account. This is a great way to sustain your bankroll. Another similar casino rewards system is the cashback bonus. Casino cashback offers can be just as useful in sustaining a working bankroll and are very popular.
What is a cashback bonus?
A cashback bonus works in a similar way to the way loyalty points work. With loyalty points, the more you play, the more points you will earn. Casino cashback programs also work on how much you bet at the casino. You will also find that many online sportsbooks also offer cashback bonuses. These also work in the same way and the cashback is calculated against your wagers.
How cashback bonuses work
Most online casinos offer cashback bonuses for signed up players. This is different to sign-up bonuses which are offered before you sign up. The casino cashback offers are designed for players already making wagers. Most online casinos will calculate your activity at the casino. This means that the casino will look at how many bets you make within a certain period. This can be over a weekend, over a week or a month. Actively betting is the only way to benefit from cashback programs.
The casino will then work out how much you can get back. The casino cashback is based on the amount that you have lost on casino games. This is usually worked out as a percentage, usually 5% to 10% of your bets lost. This total is then returned to your casino account as cashback. While the total cashback that you get may not sound like a lot, it is still a great way to keep your bankroll healthy. Casino cashback rewards can often also be better than loyalty points. This is because cashback bonuses work on percentages and are not fixed. If you lose a lot, your casino cashback amount can be quite a lot.
Getting cashback bonuses
To get cashback bonuses, first find out if the casino offers this type of bonus. The best way to do this is to contact casino support. If the casino does offer casino cashback bonuses, find out how you can get them. Some online casinos will include you in their casino cashback program automatically.