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Casino Cashback Bonus – ExplainedThe cashback bonus is an appealing promotion offered by some of the major online casinos and a select few others. Its meaning pretty much lies in the name cashback: players get cash back. The amount of cashback is usually a percentage of a player’s losses calculated over a period of time. It is usually given as cash or credits to wager at the casino in the future.You are probably already familiar with the cashback bonus in one way or another as it is very common in sales marketing. To name some examples from different industries:Airlines’ frequent flyer – you earn points for the miles you fly with a specific company and you can redeem your miles to get upgrades or free flightsSupermarket loyalty cards – if you regularly shop at Tesco and scan your loyalty card at checkout, every three months you receive coupons for free money to spend on your next shopping sessionsHotel loyalty programs – most hotel chains offer loyalty programs where for each pound you spend on their premises, you earn points that can be used for future rewards or even free staysOthers: numerous small and big businesses use cashback offers to get repeat customers. “Buy 7 coffees here, get your 8th free” or “Get 4 haircuts here and the next is free” are just a couple of examples of a cashback offer.A cashback bonus is a great way for a casino operator to build a loyal customer base. In return, the casino cashback offers are very enticing because they provide comfort knowing that even if you lose, you will get some money back.How is it Different from Other Casino Bonuses?Each casino operator sets its own bonus offer with its own terms and conditions. Therefore, there are numerous different bonuses available. Some more popular than others, but they still vary across platforms. So even if two different casinos have the same ‘Welcome Bonus”, it will still differ in some way if you take a close look at its rules.To understand how the cashback bonus differs from other popular online casino promotions, you have to begin by knowing what they are:Casino Bonus TypeCashback Bonus DifferenceWelcome / Sign Up Bonus – the most popular type of online casino bonus. Only available to new registered members of a casino, where their initial deposit is matched up to a certain amount or percentage by the operator.This is available to all players, old or new. A player does not have to make a deposit to use the bonus, an already existing bankroll can be used towards it.Reload Bonus – very similar to the Welcome Bonus, it is aimed to keep players funding their accounts. The player’s deposit is matched up to a percentage or amount by the casino.No deposit needed if the player already has funds in their account.No Deposit Bonus – usually available as an incentive to new players of an online casino and it requires no deposit. For example, a player may register at casino A and receive £10 no deposit bonus that he can start gambling straight away. This bonus comes with wagering requirements, where you have to wager the bonus amount for a set number of times before you can withdraw the winnings.Available to all member players of a casino, regardless of when they joined. Almost all the time, there are no wagering requirements to use the bonus.