Online cashback bonus casinos are a new breed of gambling sites that offer customers bonuses in the form of an extra sum paid out after making their first deposit. These can range anywhere from 30% to even higher, and there’s no need for you to place any bets or place bets with real money on these websites. All you have to do is make your initial deposit with cryptocurrency and play the slots online for free!
The “casino cashback bonus” is a lucrative idea for players who want to make easy money. The casinos that offer this are usually online, and the process is straightforward.
Using Online Cashback Bonus Casinos to Make Easy Money
If there’s one thing we know about casinos, it’s that they have a house advantage on every game they provide. The regulations always favor the casino over the players. But what if you could change the tides in your favor? What if you could simply acquire an advantage over the house without having to count cards? You’d probably think I was either nuts or full of it. But you can, and I’ll show you how to do it.
Have you ever received a cash refund on a purchase? You’ve seen them before. When you purchase anything, there’s a card inside the box that reads “mail-in rebate,” or “send us an email” and you’ll receive x-amount of dollars back. It’s similar like obtaining a deal after the fact. Well, that’s how casino loss refunds operate. You participate in these games by making wagers, and if you lose, they will refund a percentage of your losses.
That’s all there is to it. Continue reading to see how it works and where you can get these incredible incentives.
Taking Advantage of Cashback Bonus Casinos
These days, not all casinos provide cashback incentives. Those who do prefer to offer them as seasonal specials, so you’ll have to be on the lookout. Once you’ve found one, read the tiny print. You’ll discover all of the pertinent information about the loss rebate’s profitability in the terms. Here’s what you should be on the lookout for:
Requirements for deposits
The first thing you’ll want to take note of are the Requirements for deposits. At the least, you’ll need to make a minimum deposit of $10. It could be higher; maybe $20, $50 or even $100. Some online casinos will let you make cumulative deposits within a certain period of time. For example, it might take a total of $100 in deposits in the same week, or month, to qualify for the cashback bonus.
Start/End Dates on a Daily and Weekly Basis
A loss reimbursement may require the player to make a deposit on a certain day. For example, if you deposit on Friday, you may be eligible for cashback on that day’s losses. It might even be a weekly rebate, in which a deposit made on Wednesday earns you a full week in payback, beginning with that Wednesday’s losses and continuing until the following Tuesday.
Wagers and Games That Are Eligible
In casino cashback programs, game limits are a typical requirement. Rebates are usually only given out in the case of slot machine losses. Look for any exclusions that may be indicated if table games are included. Also, keep an eye out for any wagers that may be prohibited. Loss-limit betting (for example, betting on red and black at the same time) in roulette may result in the offer being forfeited.
Percentage Rate & Maximum Rebate
The percentage of losses you’ll get reimbursed will be in prominent text, but watch closely for a maximum refund amount. “10% up to $100 cashback,” for example, may be the offer. This means you’ll get reimbursed 10% of all qualified losses, up to a maximum of $100. So, if you lose $200 on the slots, you’ll receive $20 back. To get the maximum payback, you’d have to lose $1,000 on approved games.
Is the rebate redeemable as cash or as Bonus Credits?
This is a crucial point. Some rebates are paid in “cash” (as the term “cashback” implies). When you get a genuine cash incentive, it is sent directly into your bank account. You may withdraw it or use it to put additional bets. It’s all up to you. If the refund is in the form of a “bonus” or “bonus credits,” you must first meet the bonus wagering requirements (WR) before you can pay it out.
Making Easy Money with Cashback Bonuses
Now that you know what to look for, let’s talk about how you may utilize cashback bonuses to get an edge over the casino. The goal is to play qualified games with the lowest house advantage possible, so you lose as little money as possible. Let’s imagine you’re playing a 99.54 percent RTP live dealer blackjack game (house edge 0.46 percent ).
You spend a week playing this game, a few hours each day. During that period, you wagered a total of $5,000. We may infer you’ve lost around $23.00 if the RTP is accurate – which it should be. You’ll get $2.30 back in loss rebates thanks to your 10% cashback incentive. Although you still have a negative expectation of $20.70, you’ve successfully increased your RTP from 99.54 percent to 99.59 percent, and the house edge has decreased from 0.46 percent to 0.41 percent.
Every little bit matters, as every strategist knows. However, you’ll need a little extra to have a meaningful advantage.
Cashback + Deposit Bonus + VIP Comps are a winning combination.
There are a lot of reasons we recommend playing online casinos versus the terrestrial variety, and this is another one. Online casinos love to hand out deposit bonuses. Pretty much any deposit you make will receive a match bonus of some size. Of course, you’ll have to complete WR on these bonuses, and abide by the terms of Wagers and Games That Are Eligible. However, combining this type of bonus with your cashback rewards – and if you’re extra diligent, a VIP loyalty program – you can easily turn that supremely low house edge into a player advantage.
Assume you’ve been offered a 100% bonus up to $100 (deposit $100, receive $100). It may be used to play the same live dealer blackjack game mentioned above. You get comps at a rate of 2.5x ($2.50 every $1,000 wagered) as a high-ranking VIP member of the casino. To clear the bonus, you must bet 40 times the deposit+bonus amount, which equals $8,000 in wagers.
If you stake $8,000 on a blackjack game with a 99.54 percent RTP, the odds are that you will lose $36.80. You’ll earn $3.68 back in loss rebates as a result of this. You’ll get $20 from the comps. You’re now just out $13.12. Because you received a free $100 bonus, you are now up by $86.88, resulting in an RTP of 101.09 percent.
To take advantage of this form of advantage play at cashback bonus casinos, you must be a high roller. It merely goes to show that the old adage is correct: the wealthy become wealthier!
The Best Casino for Canadians
For your unique gambling requirements in 2022, we recommend RoyalVegas.ca. RV provides a genuinely world-class gaming experience, with a whole suite of live dealer games and a broad selection of Canadian deposit methods.
Now is the time to play safely at www.RoyalVegas.ca.
Watch This Video-
The “cashback casino online” is a website that allows users to exploit the bonus cash back offered by casinos. The site offers a list of all available bonuses and how much each will return.
Frequently Asked Questions
Can you make money from casino bonuses?
A: This is a difficult question to answer for me. I am not entirely sure what this entails, but if you are asking about whether or not it is possible to make money from casino bonuses then the answer would be no.
What is the most profitable online casino game?
A: The most profitable online casino game is arguably the slot machine. Slot machines are designed to be addictive and provide players with constant wins which can make them more likely to keep playing in order to maintain their current winnings.
Is owning an online casino profitable?
A: Online casinos are usually not profitable, but there is an exception to this rule. Some well-known and successful casino brands such as 888 Holdings Limited have achieved a profit in recent years.
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