Cashback is a concept that origins from the early online poker days. It was commonly used to give back to the players who played tons of hands, which eventually added up to a pretty penny. It quickly spread over to the casino section, where it has been used for the past decade. Casino Cashback is today an incredibly common bonus variant, which you can find on many international casinos these days. The best part about Cashback is that you’re always guaranteed a percentage of your losses back!Read More >
Are you interested in trying out Cashback bonuses? We’ve got your back. Here at Instant Bank Casinos, we’ve tried tons of Cashback bonuses all around the internet, and listed the ones that truly stood out. Finding Cashback bonuses isn’t that hard, but finding really good ones can be difficult sometimes. The secret always lies in the bonus terms and conditions, so make sure you read those before you start playing.
Top Cashback Casinos
What is Cashback?
Cashback is a type of casino bonus that is commonly given out by casinos in either the welcome bonus, or in a running campaign. A real cashback is wagerfree, and thus pays out as real money to your gaming account. If the cashback has a wagering requirement, it is instead counted as a regular bonus. Cashback is usually calculated as a percentage of any losses made in the casino. Some casinos offer permanently running cashback that gives you a certain percentage of your losses back every single week. In this way, you can both get a little extra space for your efforts and get a little extra space for your efforts and get a bit of a consolation prize for having been on the last week. But the most common cashback variant is the temporary one, which usually lasts between a week, up to a month.
If you do not want to spend your cashback in the casino, you can choose to make a withdrawal instead. Since there are no wagering requirements, you can choose to withdraw the money immediately. If the casino you play at offers direct bank transfer or Instant Bank, you’ll have the money in the account within a few minutes.
Real vs Fake Cashback Bonuses
Casinos with cashback can still offer their cashback in the form of risk-free games and without wagering requirements to players. This means that you as a customer do not have to turn over any winnings or your bonus before withdrawing the money. In other words, it is your money immediately after you have received the bonus, if that is what the bonus terms say.
But there are also cashback casinos that use tougher bonus terms and then it is usually a matter of wagering the part of the amount that has been paid out in the form of a bonus. If you have placed a risk-free game and received your money back because the game in question was not successful, you may need to wager the bonus amount you have been paid out before you are free to do whatever you want with it.
Remember to read the cashback bonus terms clearly for the particular online casino you play at, as it will vary between different players in the market. By reading the bonus terms before, you know what applies and can thus assess whether it is a cashback bonus that lives up to your requirements and expectations. We recommend sticking to Real Cashback bonuses, as they are the most profitable.