Moneyback is a casino promotion or feature that returns a percentage of your total bets or losses back to you as cashback. It acts as something of a safety net, giving players a second chance to come back from a poor run of results.
How it usually works:
- Cashback is often paid out daily, weekly or monthly (depending on the promotion and casino)
- Can be a flat percentage (usually between 5% and 20%) for all players, or scale up as you climb through loyalty tiers.
- Usually applies to online slot play only, but depending on the promo and casino, can also apply to bets on other games such as live dealer titles.
Just note that sometimes cashback promos can apply to one particular deposit. For example, the bonus offer might promise 25% cashback on losses from your next deposit.
Furthermore, it’s important to read the terms and conditions of any cashback offer. The cash you receive might come with wagering requirements before it becomes eligible for withdrawals.
For regular players or slot grinders, Moneyback helps smooth out the ups and downs of casino sessions. Over time, it reduces losses and gives you extra value on every spin or hand played.
If you’re after a good example of cashback in action, check out the mBitcasino MoneyBack offered via the Rewards Program.
