How Cashback Bonuses Work
Cashback casino bonuses are given to players at some of the best online casinos in New Zealand. Perhaps the best way to understand them is to think of a cashback bonus as a loyalty reward, such as those given out by airlines, credit cards, or supermarkets.
Most of the time, casinos only return cashback on losses. The bonus is paid as a percentage of any losses made on the games over a certain length of time, which can be daily, weekly, or monthly, or based on loses made on a particular deposit. Customers who lose over the promotional period will be able to claim back a certain percentage of the loss in the form of a casino cashback bonus.
Different casinos will offer different cashback bonus deals, although in general, it will be for a fixed percentage, up to a certain amount. A casino could, for example, return 20% of any losses, up to a maximum of $50. Casino cashback calculations vary from site to site, or from time to time at the same casinos.
Occasionally, Rake Cashback deals are found, where a percentage of all wagers, or deposits, is returned, win or lose. However, this is a far less common form of cashback deal.