As the name implies, cashback means you get your money back. However, you will not receive the full amount. And it depends on where you are getting the reward. So how do you apply the bonus in a cashback casino?

Typically, you need to register at a casino with a foreign licence to avail of the bonus. The reward gives players opportunities to get a portion of their unsuccessful bets.

What is a Cashback Casino All About?

Cashback is similar to a refund. But how much you get depends on the type of bonus you are given. For example, if it comes with a wagering requirement, you will receive the reward as a regular bonus. On the other hand, if it’s wager-free, the casino will add real money to your account as payment.

Furthermore, this reward is commonly computed as a percentage of the losses incurred in the casino. For instance, you may be given 15 percent per week as cashback in unlicensed casinos. In this instance, you will receive up to 15 percent of your stakes once per week.

Therefore, a cashback casino is like a consolation prize or something that may brighten your day after experiencing a week filled with losing bets. Also, you can choose not to spend your cashback reward. In this case, you have the option to withdraw your money.

You can opt to withdraw your money in an instant since this reward doesn’t have wagering requirements. In addition, you can have your cash deposited directly to your bank account if the casino provides this option.

Taking Part in Cashback Casino Bonuses

Cashback rewards are hard to come by. But you will often find them at unlicensed casinos or sites with foreign licences. They are usually provided by casinos to players with experience, in a large selection of games and come with generous bonus offers.

Here are some casinos that offer cashback rewards to their patrons:

Betstro

This site, founded in 2022, has a Maltese gambling licence. While relatively new, the site offers commendable bonuses, including:

• 30x wager
• 100% up to €200 as a welcome casino bonus
• Weekend cashback offer
• High withdrawal limits
• Instant withdrawal

With Betstro, you can deposit and withdraw through bank cards, e-wallets, and more. The two most commonly used payment methods by their clients are Trustly and bank transfer.

What’s more, you can have the amount you’ve withdrawn in an hour. You can also withdraw up to €150,000 per month or €10,000 per day.

Svenplay

This is another cashback casino that offers huge rewards. Similar to Betstro, Svenplay is also new and started in 2022. Plus, it has the same Malta gambling licence. The site provides excellent deals to players, including the following:

• Easy wins and fast withdrawals
• Daily cashback
• Pay n Play, where you can enjoy each session with fast deposits and withdrawals

Additionally, the site gives players a welcome package with €300. You can get them as you deposit and have fun with the games.

Furthermore, Svenplay rewards players with bonuses each day. You can get cashback, super spins, or free spins. The amount you can receive as a reward will depend on how many bets you lose.

For example, you will get 19 percent of the losing bet if it’s higher than €500. If you lost €20 up to €500, this cashback casino would give you wager-free super spins or free spins the next day.

Play More to Win More

This is the essence of a cashback reward. The more you play, the more chances you will have to receive bonuses. Furthermore, the bonus ensures that you will have a fallback when your games often turn sour.

However, you must note that it’s not easy to find a cashback casino. So it is best to take the chance and enjoy the bonus when you find excellent deals from reputable sites offering the reward.