Online casinos use cashback bonuses to reward their existing players and encourage them to keep making more deposits. Usually, there is an eligibility criterion that a player has to claim cashback bonuses. For example, they may have had to make deposits of a specific amount or placed a certain number of bets.
There are different types of cashback bonuses that an online casino can offer. Some casinos offer cashback on losses. This is designed to make a player feel better about losing their money. Another is a cashback on total bets placed. With this bonus it doesn’t matter if a player has won or lost, they will still be entitled to the bonus if they have placed a specific number of bets.
As with all online casino bonuses, there could be wagering requirements associated with cashback bonuses. Players need to know where they stand when claiming any type of bonus.
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