Cashback casinos: Clawing back some of the loss
1. What is casino cashback
Cashback is a bonus that returns to the player a certain percentage of the lost funds for a certain period (day, week, month). Unlike standard bonuses, cashback is given for a real game and often has minimum or zero wagering requirements.
Example: if the casino offers 10% cashback and the player loses $500 in a week, he will receive $50 back.
2. Types of cashback in online casinos
1. Daily cashback
Accrued every day.
Suitable for active players who place frequent bets.
2. Weekly cashback
Calculated at the end of the week.
More common in most casinos.
3. Cashback without vager
The funds received are immediately available for withdrawal.
The most profitable option for the player.
4. Cashback with wagering
To output, you need to perform wagering, usually x5-x10.
5. VIP-cashback
Provided to loyalty program members.
The return size is higher than for regular players.
3. How cashback is calculated
Formula:
- (Deposit Amount − Withdrawal Amount − Account Balance) × Cashback Percentage
Important: the calculation usually does not include bets on bonus funds and winnings received from promotions.
4. Cashback casino examples for Australia
1. PlayAmo Casino - 10% weekly cashback without a wager.
2. King Billy Casino - up to 15% for VIP players.
3. Fair Go Casino - 25% cashback in the stock.
4. Joe Fortune - 10% weekly cashback with x10 vager.
5. Woo Casino - 5% cashback daily.
5. What to look for when choosing a cashback casino
Return percentage - the higher the better.
Accrual period - daily or weekly.
Wagering - absence or minimum multiplier.
Limits - maximum refund amount for the period.
Available games - sometimes cashback applies only to certain categories.
6. Pros and cons of cashback
Pros:
- Real loss reduction.
- The ability to return part of the funds even if the session is unsuccessful.
- Sometimes available without playing.
Cons:
- Small return rate (5-15%).
- May be limited to certain games.
7. Result
Cashback casinos are a great choice for players who want to reduce risk and recover some of the lost funds. For Australian users, offers with a high return percentage and no vager are especially beneficial, since such bonuses can be immediately used to play or displayed.
