A cashback bonus is a special type of incentive offered by live casinos to reward their customers for their loyalty. Put simply, a cashback bonus is essentially a type of refund offered to players for the amount of money they have spent on slot machines, or other activities within a live casino.
Essentially, a cashback bonus is a way for live casinos to show appreciation for their customers by refunding a percentage of their losses. This percentage is usually between 5% and 25%, depending on the casino’s policies. While cashback bonuses are often associated with slots, they can be used to place bets on any game or activity available in a live casino.
Because of their nature, cashback bonuses can be very beneficial for players, as they can help them reduce their losses in the long run. Furthermore, these bonuses can be used to extend a player’s bankroll and are usually offered in conjunction with other promotions.