Cashback bonus, broadly speaking, is a form of a gaming incentive where the casino rewards customers with a portion of their bet losses in form of cash or bonus money. In the wider sense, it is also used as a reward for certain types of purchases, where customers receive a certain percentage of their spent money back as a reward.
When it comes to gambling and specifically online live casino sites in Singapore, cashback bonus is utilized as a reward to regular players. It serves as an incentive to keep playing, as the bonus money can be wagered on a selection of casino games.