What is Cashback Bonus?
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.
How Does It Work?
Typically, cashback bonuses are provided either on a daily, weekly, or monthly basis at online live casinos in Singapore. On a daily basis, players can get a certain percentage returned to them based on their daily losses. This amount is usually between 5-20%. The weekly cashback bonus usually tends to be bigger, and may range between 10-40%. With monthly bonuses, customers are eligible for a higher percentage, which may range between 20-60%.
The bonus money is usually credited to players’ accounts in their respective currencies. It is important to note that cashback bonuses are not awarded for wins, but rather for losses. This means that the bonus amount is a certain percentage of the losses incurred during the eligible period.
Types of Cashback Bonuses
At online live casinos in Singapore, cashback bonuses come in two main varieties: real money cashback and bonus money cashback.
Real money cashback is the most lucrative type of this bonus, as customers receive their refunds directly in their playing currency and can proceed to use it however they please. Bonus money cashback, on the other hand, is usually credited to bonus accounts where it must be played through a number of times before it can be withdrawn.
It is important to check for wagering requirements and other restrictions that may be attached to cashback bonuses at online live casino sites in Singapore.
What Makes Cashback Bonus Attractive?
A Cashback bonus is perfect for players looking for a bit of extra spice to their online live casino games. Not only can it improve the players’ bankrolls by providing them with some extra rewards, but the bonus also helps to add a bit of excitement to the playing experience.
Apart from the extra money, cashback bonuses are also attractive because of their wide availability and flexibility. Many online live casino sites in Singapore offer this type of bonus, and they come in a variety of different shapes, sizes, and frequencies. Players can choose to take a daily, weekly, or monthly cashback bonus, depending on their preferences.
In addition, the bonus money is wagerable on a wide selection of games, making it a great incentive for players looking to try something new.
How to Find the Best Cashback Bonus?
When searching for the best cashback bonus at online live casino sites in Singapore, it is important to take a few factors into account. These include reading the terms and conditions to determine the size of the percentage, the frequency of the bonus, and any wagering requirements associated with it.
Another important factor is the availability of the bonus. Some online live casino sites in Singapore may offer a cashback bonus for a limited period, while others may have it running all year round. It is also essential to ensure that the bonus is wagerable on the games you wish to play.
Finally, it is important to check if the casino will impose any limitations on your winnings from the cashback bonus. Some online live casinos in Singapore may limit the amount you can win from the bonus or impose a maximum cap on your withdrawals.
Key Takeaways
Cashback bonuses are a great way for players at online live casino sites in Singapore to enjoy a bit of extra rewards for their gameplay. They come in a variety of different shapes and sizes, including daily, weekly, and monthly cashback bonuses, as well as bonus money and real money cashback. Before deciding on a bonus, it is important to read the wagering requirements and terms and conditions to ensure that you make the best choice. A good cashback bonus can bring an extra spice to your playing experience while providing you with some extra rewards to help boost your bankroll.