cashback bonus
bonus offered as a percentage of all losses in the player’s previous gaming activity
A "cashback bonus" is a promotional offer commonly used in casinos and online gambling platforms that allows players to receive a percentage of their losses back as a bonus. This means that if a player loses money during a specified period, they will be credited with a portion of those losses back to their account, which can then be used for further play.
For example, if a casino offers a 10% cashback bonus and a player loses $100 in a week, they would receive $10 back as a bonus. The terms and conditions can vary, including the percentage of cashback, the time frame for eligibility, and any wagering requirements that may apply before the bonus can be withdrawn. Cashback bonuses are designed to provide players with some relief from losses and encourage continued play.
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