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General · Casimo Glossary

Cashback Bonus

A promotional offer where a casino returns a percentage of a player's net losses over a specific period as cash or bonus funds.

A Cashback Bonus is a popular loyalty tool designed to reward regular players and soften the blow of a losing streak. Unlike a Deposit Bonus, which is credited upfront, cashback is calculated retrospectively on net losses.

For example, a "10% weekly cashback" offer means that if a player's total losses for the week are £200, the casino will credit their account with £20. The key detail is whether the cashback is paid as pure, withdrawable cash (high value) or as bonus funds with their own Wagering Requirements attached (lower value).

Real-World Examples

Formula:
Cashback = (Total Deposits - Total Withdrawals - Current Balance) × Cashback %

FAQs

Do I get cashback if I win?<br>No. Cashback is almost always calculated on net losses only. If you have a profitable week, you will not be eligible for cashback.

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