A cashback Bonus reward program is an incentive program that pays players back a percentage of their losses on the casino.
Depending on the casino, it can be a flat rate of 10% and then fro VIP players a higher percentage. The most common cashback is 10% on your net loss, that is as follows:
Deposits – Bonuses – Withdrawals = Net loss.
Some casinos cap it to a certain sum, some add a wagering requirement on it, VIP players usually do not have any wagering on the bonuses or cashback´s they get.
We recommend that you always check with the casino is there a wagering requirement on the cashback or not?
As the casino is giving you free money to play with, they usually want you to play it a certain amount of times before you can cash it out, which is understandable.