Cashback (Casino term)

Cashback is a type of reward offered by some casinos and other gambling institutions. It is a way of giving back a portion of the money that a player has lost while gambling, in the form of a credit or a payment. Cashback offers are typically based on a percentage of the total amount a player has wagered, and may be offered as a one-time payment or as an ongoing reward. For example, a casino might offer a 10% cashback bonus to players who have lost at least $100 in a given week, with the cashback being credited to the player's account. Cashback offers can provide an incentive for players to continue playing, even if they have not been having much luck, and can help to make the overall experience of gambling more enjoyable and rewarding.