There is nothing shameful about losing. It is a natural part of any gaming session and the only thing that is guaranteed in gambling. However, your lost wagers do not necessarily have to be lost forever. If you opt for a cashback bonus, you may retrieve a portion of your losses. This guide explores this fascinating topic, ranks and reviews casino cashback bonuses, and gives you first-class tips on maximizing your cashback bonus today!
Cashback Bonuses are definitely among the most beloved types of online casino bonuses simply because they offer extra funds to players after losing sessions. These types of bonuses refund a certain percentage of players’ net losses accumulated over a certain period. As with other online casino bonuses, players from the Philippines are offered a variety of Cashback bonuses, thanks to which they get to minimize their losses and keep playing longer.
It should be noted that most top-rated Filipino online casinos grant lucrative Cashback bonuses daily, weekly or monthly, which means that they are, in most cases, valid only on certain days. Either way, each cashback bonus comes with its terms and conditions, which are displayed, so players can examine their bonus's wagering requirements, if expiration dates, maximum cashout amounts, and other important detail before claiming their cashback bonus.
How Casinos Implement Cashback Bonuses?
The truth is that different Filipino online casinos implement cashback bonuses in a few different ways, but most of them are quite similar to one another. For instance, if players wager 100 credits on slot games that offer some kind of Cashback refund, if they lose 60 credits, an online casino may offer around 10% percent cashback refund, which covers players’ losses on slot machines. Players receive some of their funds back in these cases, which is later reflected in their online casino balance.
The actual percentage related to cashback refunds differs from one cashback bonus to another and from one online casino to another. Moreover, players from the Philippines can get their cashback bonuses in real money, while some online casino venues return the fund in the form of bonus money that players get to bet on certain games.
Some online casinos from the Philippines can offer higher bonus offers, which may go up to 20% of all losses over some time. However, all cashback bonuses are capped, which means you can receive a maximum amount of money. In other words, the casino offers a refund to its players based on a predefined percentage, but the actual amount of refunds cannot go over the number of credits that were determined by the casino. ?
Rules to Keep in Mind When Claiming Cashback Bonuses
Before claiming their cashback bonuses, players from the Philippines and other areas should pay attention to several different things. Aside from the cap which can be placed by some Filipino online casinos on their cashback bonus, there are several other specific rules to consider. For instance, some online casinos require their players to make another deposit before claiming their cashback bonus.
Additionally, some online casino venues require a minimum loss amount for players to be eligible for the bonus program. Other Filipino online casinos also set a certain rule on their cashback bonuses which restrict the bonus only to losses incurred in a certain type of games. This means players should carefully examine cashback bonus terms and conditions before playing. Besides examining terms and conditions, they can also ask for the casino’s technical support if required.
Players should also remember that claiming these types of bonuses is subject to different casino rules, which vary from one online casino operator to another. In some cases, players are granted their cashback bonus money almost immediately, while in some cases, they will have to wait for twenty-four hours up to several days for their bonus money or their bonus refunds to appear in their online casino accounts.
To recap, here are a few things you should consider about cashback at your online casino:
As with other online casino bonuses and promotions, including no deposit bonuses, free spins bonuses, and welcome bonuses, cashback offers are generous rewards for online casino issues in favor of keeping their regular players. Unlike welcome bonuses and no deposit bonuses, which are, in the majority of cases, offered to newly registered players, cashback bonuses are offered to players who have already deposited and who have already played their favorite games for real money.
While other types of online casino bonuses come in a variety of forms, cashback bonuses usually follow the same pattern no matter which Filipino online casino you choose. In most cases, cashback bonuses offer refunds on players’ losses that have accumulated over one day, one week, or over one month. While terms and conditions related to Cashback bonuses vary from one online casino to another, their fundamental premise stays the same, they refund a certain percentage of players’ net losses over some predefined time period.
As you can tell, cashback bonuses offered to players from the Philippines are usually granted weekly or daily while some cashback bonuses are also offered monthly with higher rates of refund for players’ losses over one month period. Either way, cashback bonuses are a great way to keep your bankroll alive during unfortunate losing sessions.
Cashback bonuses are a static component that does not require any special actions to be taken. However, there are certain actions that you need to take in order to claim a cashback bonus.
Using a cashback bonus at a shady or predatory casino is a complete waste of your time and funds. You should only ever play at verified casinos that adhere to industry standards. You, as a Filipino punter, have access to an almost endless supply of such casinos. Explore our list of recommended online casinos to find the ones with the best cashback bonuses in the business.
Nothing is easier than claiming a bonus. All you have to do is accept the promotional offer or activate it in a dedicated section. Note that each bonus comes with wagering requirements and other terms and conditions that you should be aware of.
We really want to hammer this point regarding cashback bonus documentation home. Being unaware of various clauses and catches within the terms and conditions can ruin your gaming session. These include but are not limited to deposit amounts, play times, eligible games, and so on.
Cashback bonuses come in an array of shapes and sizes. They do not differ simply in size but also in how they are claimed, when they are active and how they calculate returns. The most common bonuses one can find at online casinos are:
Time-based Cashback Bonuses The concept behind these is relatively simple. They are active only during certain time periods, such as weekends, holidays, events, or particular days. This limitation forces you to place bets during a certain period. Note that you will only receive returns on losses that occur during the said period.
Percentage-based Cashback Bonuses This type of cashback bonus focuses on how your returns are calculated. The calculation is based on a percentage, so 10 or 20%, for example. This percentage tells you what portion of your losses will be returned to you once the bonus activity ceases.
Event or Game-based Cashback Bonuses This type of cashback bonus is only active during certain games or events. You will, subsequently, only receive returns on wagers that flop during these events or games. Note that details regarding eligible events or games can be found in the terms and conditions of your chosen cashback bonus.
Wagering requirements are also known as playthrough requirements. WR are part of the terms and conditions for a no deposit bonus. Wagering requirements are multiplier rules associated with the promotion. It indicates precisely how many times Players must rollover the bonus before they can withdraw any funds.
A $20 no deposit bonus subject to a 30X wagering requirement means that players must wager their bonus amount a total of 30 X ($600 in bets) before cashing out any payouts. Any attempt to withdraw without meeting the playthrough requirement will invalidate the bonus + payouts in the account.
The portion of the offer that is subjected to wagering requirements is usually indicated in the bonus terms and conditions. Wagering requirements can be applied to both deposit match bonuses and free spins bonuses, and in some cases, wagering requirements may also be applied to your deposit amount.
Imitation is arguably humanity's most important skill. Babies mimic the actions of their parents and thus learn how to walk and talk. Gymgoers replicate the movements of their instructors in order to maximize their workouts. Engineers try to reverse-engineer nature in order to optimize everything from planes to tires. There is, therefore, nothing shameful in learning from others and absorbing their experience in the form of quick tips. If you are thinking about using a cashback bonus as part of your betting strategy, we suggest that you go about it using the following handy tips. These will help you make the most of your bankroll.
The cousin of cashback bonuses are deposit bonuses, which have appealing characteristics. It is, therefore, common for punters to debate which is better. We cannot put this debate to rest, but we can show you the key differences between these two exciting bonuses.
| Cashback Bonus | Deposit Bonus |
|---|---|
| Technically a reward for losing | Additional funds are only given during deposits |
| Your received cash is free of obligations | Your bonus funds have obligations |
| Usually, time or context limited | The funds can be used anywhere |
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Cashback bonuses are offered to loyal, veteran players who have deposited real money and who have played real money games at the site. This means you will not be eligible for a cashback bonus upon registration but rather only after playing for some time.
The majority of online casino venues listed here offer generous cashback bonuses, which players from the Philippines get to claim with their promo codes or by contacting their chosen casinos’ customer support.
This varies from one Cashback Bonus to another. Most weekly and daily Cashback bonuses are free from wagering requirements, while some cashback bonuses do come with wagering requirements which tend to be very reasonable.
As with other types of online casino bonuses, Cashback Bonuses vary. However, you can usually expect to get back between 5% and 20% of your losses up to a certain amount of credits as predefined by the casino.
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