What is a crypto cashback bonus?
A crypto casino cashback bonus is an offer that gives you back a percentage of your losses you had in the casino over a period of time. It helps you recover some of your money when going through a losing streak. That’s why it’s one of the most player-friendly deals out there.
The calculation of casino cashback is based on net losses or the total money wagered. For example, a casino can offer a 10% cashback bonus on all losses over a week or month.
In online crypto casinos, cashback bonuses are paid out in cryptocurrency. Then you can convert them into fiat or use them for further playing. The meaning of cashback bonuses in this context is the same, though: it’s a type of refund on losses, with the caveat that they are typically applied to cryptocurrency-based bets.
Cashback bonuses are aimed at real-money players who have deposited and played within a certain timeframe. Some offers apply automatically, and others require you to opt in first.