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).
Formulas and examples
Formula:<br>Cashback = (Total Deposits - Total Withdrawals - Current Balance) × Cashback %