The Rarest Type Of Bonus In Online Casinos
Online casinos provide players with bonuses in order to boost their luck. Some of the bonuses provided are signup bonus or sometimes its called welcome bonus, reload bonus, refer-a-friend bonus and cash-back-bonus. Cash back bonus is the rarest bonus amongst the above. This is due to the case of other bonuses the online casinos are able to anticipate more wagering as a requirement of the bonus. But this bonus is based on wagering that have already taken place and generally does not need any future obligation from the player, except for the play via requirements.
Simply, cash back bonus is a compensation of a % of the losses produced by the player throughout a particular period of time. The most frequent method of indicating the bonus that the cash back bonus is always some % of the losses created by the player throughout specific period of time, conditional on a limit of some amount. In most online casinos the number of % would be around ten to fifteen percent. There is no rigid rule on this. Time of validity for this bonus can be varied. The max amount is the cap on the bonus and ranges depending on the condition each online casino has. The idea is simple. Players who have made money are going to happy. Therefore they don’t really need this bonus. Players who lost money are in need of inducements and something that would help boost their luck. The cash back bonus is the perfect solution.
Online casinos provide players with bonuses in order to boost their luck. Some of the bonuses provided are sign-up bonuses, also known as welcome bonus; reload bonuses; refer-a-friend bonuses and cash-back bonuses. The cash-back bonus is the rarest bonus amongst those mentioned above. This is due to the fact that the other bonuses that online casinos offer are done so in anticipation of the fact that players will be making more wagers as a result of them whereas with cash-back bonuses, they are offered based on wagering that have already taken place and generally does not need any future obligation from the player, except for the wager requirements associated with the bonus.
Put simply, the cash-back bonus is compensation of a % of the losses incurred by the player throughout a particular period of time. The most frequent method of calculating the amount of the cash-back bonus is as a percentage of the losses incurred by the player throughout a specific period of time, conditional on a limit of some amount. In most online casinos, the percent value is generally between ten and fifteen percent. There is no rigid rule on this. Time of validity for this bonus can be varied. The maximum cap on thebonus varies from online casino to online casino. The idea is behind cash-back bonuses is simple. Players that make money are always happy. Winning players do not require a bonus in order to keep them playing. Players that have lost money are in need of incentives. The cash-back bonus is the perfect solution.
Some online casinos provide cash-back bonuses with a certain degree of regularity. If the given time of validity is a week then players losing by the end of the week is compensated a set percentage of their losses or the maximum on the bonus, whichever is lower. In the meantime, other online casinos provide cash-back bonuses regularly but they put the time limitation of the losses. For instance they can apply the cash-back bonus to losses created on a specific day of the week. Yet other online casinos provide this bonus only as a part of the occasional special promotion. There is another clever way in which online casinos utilize the cash-back bonus. They put the limitation on the bonus to losses created on certain specific games only. Usually these are games like keno or online slots that have higher house edges.
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