Cashback Casino Promotions & Their Relation To Wagering Requirements

Casino created more and more promotions to benefit and include all players. However, this is a great start for a better and healthier relationship. Thus, some terminologies and bonus terms need to be clarified and seem hard to trust. 

Cashback bonuses explained

Cashback bonuses are a type of casino promotion that offer players a percentage of their losses back as cash balance. 

For example, a casino may offer 10% cashback on losses over a week.

This is different from other bonuses like:

• Minimum Deposit Offers: These require players to deposit a minimum amount (e.g. $20) to receive a matching bonus (e.g. 100% up to $200). The player must then wager their deposit + bonus a certain number of times. Cashback bonuses don’t require a deposit. 
• Free Spins: These give players a set number of spins to use on certain slots, usually on sign-up. Cashback is given as cash, not free spins, and it is more popular on live dealer games.

The main advantages of cashback bonuses

• You have the chance of playing casino games, lose and still get money out of being unlucky. 
• You can learn game mechanics with low deposited sums. 
•  The bonus includes multiple games, not only slots.  
• Cashback bonuses are popular and you can find them in many reputable casinos. 

Low-wagering casino offers explained

To boost the number of people engaging in playing with bonus funds, online casinos like FreeSpino create low wagering casino promotions and adapt them to specific games or percentages of the previous play sessions. 

They are calculated by losses and apply low wagering of just 15x. Lost sums are converted into points that can be stacked or wagered. 

Advantages of low wagering bonuses

• It is easier to clear out the wagering requirements.  
• You have better chances of withdrawing bigger sums. 
• You can meet low wagering requirements quickly within a reasonable time frame. 
• Low-wagering bonuses let you use lower-risk strategies. 

Why are wagering requirements important?

Wagering requirements exist to protect the casino from bonus abuse and fraud. Even if players see it as inconvenient and a sure road to losing money, casinos made this rule to enhance their own protection. 

Without them, players could just claim the bonus and immediately withdraw it as cash without playing. 

The wagering requirements encourage players to use the casino and play more games. This way, you discover more titles from different developers while gambling sites promote their latest games and promotions. 

Wagering requirements also prevent players from having an unfair advantage over others using only real money.

Wagering contributions vs wagering requirements explained

Wagering contributions and wagering requirements are two important and very different concepts to understand when it comes to cashback casino promotions.

Wagering contributions refer to how much each game contributes to meeting the wagering requirements. For example, slots may contribute 100%, while table games only contribute 10-20%. This means you would have to wager 5-10x more on table games to meet the requirements.

A final tip to all new players

For you and all online players, it’s important to make sure you can meet the wagering requirements within a reasonable timeframe. Look for bonuses with lower standards, like 20-30x the bonus amount and at least five days to complete the rules. Also, check which games contribute fully towards meeting the terms and conditions.

Understanding wagering contributions and requirements allows you to maximize cashback bonuses and withdraw your winnings fairly under the promotion terms.