Cashback For Live Casino Play
For players seeking bonuses without wagering requirements, the cashback bonus is an excellent option. These bonuses are offered by casinos to players upon sign-up and on selected days. A cashback bonus is based on the amount you have lost over a specific period.
For example, if the cashback period is set for a Wednesday starting at 12 PM and lasts the entire day, the bonus you receive will be a percentage of your losses during that period. Casinos typically offer a standard rate of 10% to 20%. So, if the rate is set at 10%, you would receive $100 back if you played and lost $1000.
Wagering Requirement
Cashback bonuses are unique in that they come without wagering requirements. Instead, they are calculated based on the losses incurred over a specified period. While there may not be any wagering requirements, there are still some limitations to be aware of, such as:
Fixed Dates
These campaigns often operate within a specific timeframe, usually starting at 12 PM and lasting for 24 hours. Most casinos set maximum bet and win limits. Additionally, in some cases, new players may only have the first 24 hours after signing up to activate the cashback bonus.
Betting Restrictions
It's common for casino sites to establish rules regarding which numbers are permissible for betting. Typically, single-number bets, which offer 1:1 or 2:1 payouts, are not allowed. It's essential to review the terms and conditions, as these restrictions can vary significantly among casinos.
1:1 payouts: You win the same amount you bet if your prediction is correct. This applies to bets like:
- Red or Black: Wagering on the color of the winning number.
- Even or Odd: Predicting whether the winning number will be even or odd.
- Low (1-18) or High (19-36): Choosing if the winning number falls within the low or high range.
2:1 payouts: You win double the amount you bet if your prediction is correct. This applies to bets like:
- Dozen Bets: Placing a bet on one of the three groups of twelve numbers on the roulette wheel (1-12, 13-24, 25-36).
- Column Bets: Wagering on one of the three vertical columns on the roulette layout, each containing twelve numbers.
Commonly Permitted Bets
The most prevalent type of bet allowed is on a single number, offering a payout of 35:1. However, there may be a maximum cashout limit imposed.
Casino cashback deals
Casino cashback deals are among the most common promotions offered by casinos. These deals typically run on specific days, often in the middle of the week, starting at midnight and lasting the entire day. At the end of the promotional period, your cashback is calculated based on how much you wagered during that time. It's important to note that there may be varying cashout limits associated with these deals, so it's advisable to carefully review the terms and conditions to avoid any unnecessary stress.
FAQ
Can I bet on any number for the cashback bonus?
No, but casinos typically specify which numbers you can bet on for the cashback bonus. These are usually single numbers with a maximum bet limit. Therefore, 1:2 and 1:1 bets are not permitted.
Are there any wagering requirements for cashback bonuses?
No, cashback bonuses do not have wagering requirements. However, they come with certain restrictions, such as a fixed timeframe for use, limitations on specific numbers you can bet on, and the exclusion of multiplayer options.
Can I use the cashback bonus in the live casino?
Yes, you can use the cashback bonus in the live casino. However, it's important to review the terms since typically, only single-number bets are permitted in live casino settings. Multipliers will not apply unless there's a specified maximum bet that you can use.