Is Casino Cashback worth it?

With Casino Cashback you usually get back 8-10% of your casino losses for the week. If you win, you get nothing, but it's not worth anything in winnings either - so getting a cashback only has advantages over playing without a cashback option.

But with a cashback rate of no more than 10%, we are very far away from the value of a 100% casino bonus. If you deposit 100 DKK, you will get 100 DKK in the form of a casino bonus, whereas you will only get 10 DKK if you lose money in a casino with cashback. So, is there any reason to use Cashback at all?

Benefits of Casino Cashback

But because of the low-interest rates Cashback programs can immediately seem unappealing compared to casino bonuses, there are some obvious advantages to Cashback:

• You get Cashback in addition to any. bonuses - so you can get both a casino bonus and Cashback with a single deposit;
• You usually get Cashback fully automatically - without registering and reading the bonus terms and conditions;
• And when we talk about conditions, there are usually very few conditions attached to your Cashback - you can withdraw immediately;
• There are no refund requirements for Cashback.

So you don't have to choose between Cashback and Casino Bonus, but you can get both. Just like Frequent Flyer airline miles and hotel loyalty programs, the Cashback program gives you an added benefit, but that doesn't stop you from taking advantage of the best offers companies have to offer, whether it's a hotel or casino.

How do I make the most of Cashback?

Cashback is characterized by the fact that you get something when you lose and nothing if you win. This is in contrast to casino bonuses, which you get regardless of whether you lose or win.

In fact, it opens up the possibility of getting a real advantage over the casino, even though the cashback percentage is only 10%.

For example, if you play https://3dpdanmark.dk/bingohygge-bonuskode/ on red roulette two weeks in a row, you have a 50% chance of winning one of the two games, a 24% chance of winning both games, and a 26% chance of losing both games. With the most likely result - if you win one of the games - you get 200 DKK in a week when you win, and in a week when you lose, you get 10 DKK. So you get 210 DKK out of a total effort of 200 DKK and thus get 10 DKK in profit. With a theoretical payback percentage of 97.3%, the casino usually has a 2.7% advantage over you - they win an average of DKK 2.70 each time you play 100 DKK - but in the case of the 10% Cashback calculation, you have a 2.4% advantage over the casino.

Of course, this is not the best way to get rich quickly. You can only post one game a week, and there is as much chance of the casino winning many weeks in a row as you do the same. But this illustrates a situation where you have the big advantage of the Cashback program.

The Cashback program provides the greatest benefit to players who don't get their money back that many times. That is, players who bet most of their money on every game, and those who play games with high volatility. For example, play roulette or slot machines with jackpots. If you fail to win in these games, you will lose money relatively quickly and therefore receive your cashback. Examples of games with low volatility are red and black roulette, blackjack, and slot machines such as Starburst. Here you can often play for long periods of time with your money and your balance doesn't rise or fall much. The built-in benefit to the casino in the form of a payback percentage of less than 100%, in this case, will be much greater than the cashback.

What are the characteristics of a good Cashback program?

When evaluating a Cashback program, there are three factors to consider:

• What is the cashback percentage?
• Which games are included in the program?
• Are there rules against me getting cashback?

Of course, the best Cashback programs have a high Cashback percentage, include games you would play anyway, and have as few rules as possible.

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