What’s the difference between free spins and cashback bonuses?
Online casinos often offer free spins, especially for players who love slot games. With these bonuses, players spin specified slot machines several times without risking their money. Free spins can range in number, ranging from a handful of spins to several hundred, usually from the same software provider.
How do free spins work?
If you receive free spins, you’ll find that they are credited to your account automatically or within a short time frame after making a qualifying deposit. Sometimes, you may need to specify a bonus code during the deposit process. Once the free spins are in your account, you can open and use the eligible slot game. It’s important to note that free spins are usually played at a predetermined bet amount and several paylines decided by the casino. This information is generally outlined in the bonus terms and conditions. Any wins generated from your free spins are often subject to wagering requirements, which we’ll explain in more detail later in this article.
Cashback bonuses
Cashback bonuses are incentives that online casinos offer players to refund a percentage of their losses over a specific period. These bonuses are usually calculated based on a player’s net losses, the difference between the amount wagered and the amount won during that period.
How do cashback bonuses work?
Cashback bonuses are typically calculated daily, weekly, or monthly, depending on the casino’s policy. The cashback amount is usually credited to your account as bonus funds, and there may be a minimum and maximum amount earned as cashback. For example, a casino might offer 10% cashback up to $100 on net losses during a particular week. It’s important to note that cashback bonuses are usually subject to wagering requirements, which means winnings must be wagered through a certain number of times. These requirements tend to be lower than those for deposit bonuses, making them more achievable.
Differences between free spins and cashback bonuses
Now that we’ve explored free spins and cashback bonuses in detail let’s summarize the key differences between these two types of casino incentives:
- Game eligibility – Free spins are usually restricted to specific slot games, whereas cashback bonuses generally apply to all casino games, giving players more flexibility.
- Bonus type – Free spins are a form of bonus that gives you extra plays on slot games, while cashback bonuses refund your losses when used on various casino games.
- Wagering requirements – Both free spins and cashback bonuses may be subject to wagering requirements. Still, these tend to be lower for cashback offers, making it easier to fulfil the conditions and withdraw any winnings.
- Player suitability – Free spins are ideal for players who enjoy slot games and want to explore different titles without committing their funds. Cashback bonuses are better suited to players who want a safety net for their losses and prefer a more flexible bonus used on various games.
We hope this comprehensive guide clarifies the critical differences between free spins and cashback bonuses. Always read the terms and conditions of any atas casino bonus before opting in, and good luck with your future spins and wagers.