Three Important Types of Cash Back

by, George Pooney

The term cash back has pertains to many different things in the online casino world. Technically speaking any sort of bonus is a cash back offer but for this article I want to exclude match deposit bonuses and free chips and speak exclusively of cash back payments you receive upon achieving a certain playthrough requirement. These sorts of cash back offers most often give the player real money that can, at that point, be withdrawn.

The three most important sorts of cash back you'll find online are cash back on losses and cash back on total bets.

Cash Back On Losses

A typical cash back offer from a casino on losses is around 20% with a maximum return of $100. In some cases, high rollers for example, this can be raised. Speak with customer support if you feel you might qualify for something unique. These returns are only for players who have incurred a loss over a certain period of time - often one week, for example. For example, if a player loses $300 in a given week, a 20% cashback offer means this player will get $60 returned to her account. Casinos tend to set a max for these around $100. So if you lose $1000 at the tables and expect $200 return, don't be alarmed to see only the maximum of $100 in your account. Those are the rules my friends.

Cash Back On Total Bets

The second type of cash back offer pertains to how much you spend at the tables/slots. While this is less common, it is more sought after by players since you get money back regardless of whether you win or lose. The more you spend, the more you get back. You can find this offer up to 25% at Videoslots casino where they also offer the third type of cash back offer I want to reference and that is the casino race promotion.

Casino Race Cash Back

Some casinos will offer a cash back program for players who achieve a certain level of play relative to the other players on the site. At videoslots.com casino, the top 80 players each month are given cash back as a reward for their top level play.

Remember To Read And Research

Wherever you plan to play, take some time before hand to find out if they offer any of these sorts of promotions and then compare the guidelines. It could make the difference between ending up in the black or in the red. From personal experience, the cash back you earn can lead to thousands (or more!). I once hit a progressive jackpot essentially after I busted my roll on a site. I took the cash back that was in my account and played a slot I hadn't sat at for years. Boom! Popped the progressive! All thanks to my cash back money.



 
 
 



 

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