A cashback bonus is a bonus offered to players at online casinos and live casino sites. Put simply, it is a form of casino bonus that is offered to players in the form of cash refunds. It usually comes in the form of a percentage of the player’s total losses over a set period of time, such as a week or month.
For example, if a player has lost $100 over a week, a 10% cashback bonus would mean that the player would receive a cashback bonus of $10, meaning that the player would still be able to come out of the week with a net profit of $10.
Cashback bonuses are generally offered as an incentive to players to play more often, as it allows them to recoup some of their losses.