Cashback definition and meaning

Cashback is a gambling term that refers to the refund players receive after making a losing bet. While the term can be heard both in land-based and online casinos, the cashback feature is usually used by online casino operators.

Whenever you place a wager and you end up losing, a very small portion of that will go into your “cashback account”. At the end of the week or month, depending on the casino’s policy, you can withdraw cashback money to your casino account and use it to continue playing.

An important thing to note is that there are differences between the amount you will be getting from the cashback feature. The percentage can vary from one casino to another, while it can also depend on the type of game you’re playing. For example, betting on blackjack will net you bigger cashback than betting on video slots would. To see the exact details, check the terms and conditions outlined by the casino you are playing in.

Leave a comment

Your email address will not be published. Required fields are marked *