The Cashback Bonus Growing in Popularity

There are a lot of bonuses you are privy to in the world of gambling. The reason is because of the wide range of competition out there right now. Companies cannot be lax—now is a time when more and more gambling companies are entering the market and bringing top-notch gaming benefits with them. If you have ever wondered about the gambling companies, think no more. They know full well that they are in a prime position to make a play for your allegiance and they know how to do it. One of the biggest tools they have at their disposal is the bonus. Bonuses of course come in a variety of different styles. If you have been gaming for any length of time then most likely you have already heard of the startup bonus. This is normally in the form of a match bonus up to a certain amount. For example, if a casino says it offers a “200% match bonus of up to $200” that means you can triple your deposit up to $200. So if you deposit $100, the casino will throw in an additional $200 (or 200% of $100) and give you a total credit of $300 to your account. There also is the free-money bonus. This is where the casino will start you off with money without having to sign up. Then there are VIP bonuses where you earn more back as you wager and deposit. There is a new type of bonus though and that is called the cashback bonus.

This is a great bonus because it works with your losses. Here is how it works: let’s say you wager $250 over the course of a month and win just $50 once. Your total losses for that month are $200. If the casino has a cashback bonus of 5%, then they will deposit $10 (5% of 200) back into your account at the end of the month. This is a great way for you to ease the amount you lose at any one casino. You can normally find casinos that have cashback bonuses of anywhere between five to nine percent on your losses. No, you aren’t going to make up all of your losses– if you did that the casino would be out of business! But, you can use the cashback bonus to make up some of your losses and in a market where losses are inevitable, what more can you ask for?