A cashback bonus is a type of online casino promotion that allows players to earn back a percentage of their losses as bonus cash or credits. It's similar to getting a refund on a bad bet at the races. The percentage typically ranges from 5% to 30% of a player's net losses and can be used to continue playing or withdrawn after meeting specific requirements, much like a TAB account.
##How do I claim my cashback bonus?
To claim your cashback bonus, follow these steps:
- Register or log in to your account at an online pokies platform offering cashback bonuses.
- Opt-in to the cashback bonus promotion, if required.
- Play eligible games within the specified timeframe.
- After the promotional period, the platform will credit your account with the cashback bonus based on your net losses.
##Is a cashback bonus worth it?
A cashback bonus can be worth it for punters who are looking for a safety net during losing streaks or who want to extend their gameplay without making additional deposits. However, it's crucial to consider the associated terms and conditions, such as wagering requirements, to determine if a cashback bonus is suitable for your betting habits and preferences.
##Do all online pokies offer a cashback bonus?
No, not all online pokies offer cashback bonuses. However, an increasing number of these gaming platforms are incorporating cashback promotions to attract Kiwi players and provide additional incentives for gameplay. It's essential to research and compare different online pokies to find those offering the most attractive cashback bonuses.
##How can I find the best cashback bonus?
To find the best cashback bonus, consider factors such as the casino's reputation, the cashback percentage offered, the promotional period, eligible games, and associated wagering requirements. Additionally, use online resources like pokie review sites and forums to compare different cashback bonuses and promotions. In New Zealand, you might want to check out popular local sites like Kiwi Casinos or Casino NZ.
##Can I use a cashback bonus on any pokie?
In most cases, cashback bonuses can be used on any pokie available at the casino. However, it's essential to check the terms and conditions for any pokie restrictions or specific pokies that qualify for the cashback bonus. Some casinos might have certain pokies eligible for cashback bonuses, while others could exclude certain pokie types or titles.
##What is the difference between pokies cashback bonuses and pokies earnings?
Pokies cashback bonuses refer to a promotional offer where players receive a percentage of their net losses as bonus cash or credits. On the other hand, pokies earnings represent the profits generated by the casino through the wagers placed by players. While cashback bonuses benefit the players by helping them recover some of their losses, pokies earnings are the revenue collected by the casino from all bets and wagers.
##Why do online pokies offer cashback bonuses?
Online pokies offer cashback bonuses for several reasons, including:
- Attracting new punters: Cashback bonuses can serve as an incentive for punters to sign up and try out the pokies' games.
- Retaining existing punters: Offering cashback bonuses helps retain punters by providing them with a safety net and encouraging them to continue playing.
- Enhancing punter experience: Cashback bonuses allow punters to extend their gameplay and increase their chances of winning, creating a more enjoyable gaming experience.
- Encouraging loyalty: By offering cashback bonuses, online pokies can foster loyalty among their punters and keep them engaged.
##What is the difference between rake cashback and loss cashback?
Rake cashback and loss cashback are two different types of cashback bonuses offered by online betting platforms or pokie sites:
- Rake cashback: Commonly found in online poker rooms, rake cashback refers to a promotional offer where players receive a percentage of the rake fees collected by the poker room during their gameplay. The rake is the commission charged by the poker room on every pot or tournament entry.
- Loss cashback: Loss cashback is a bonus provided by online pokie sites to players based on a percentage of their net losses during a specific promotional period. This type of cashback bonus aims to help players recover some of their losses and encourage them to continue playing.
While both rake cashback and loss cashback provide players with a means to earn back a portion of their expenditure, the key difference lies in the basis of their calculation: rake cashback is based on the rake fees generated during gameplay, whereas loss cashback focuses on the net losses incurred by the player.