What are cashback deals and why are they so popular inside the punters’ community?
Cashback, simply put, refers to the offer that covers a certain percentage of players' losses on a daily, weekly or monthly basis. This means that, even though you have a losing streak, you can continue to play without additional deposits.
Best of all - most of the cashback deals don't have wagering requirements or have minimal. There are various variations of this kind of promotion, and today we will check out what Vulkan Vegas Casino has prepared for its customers.
Every Monday, after playing your favorite products in this renowned online casino, you can get a cashback bonus of up to $ 2,000! The amount is calculated by the following formula: (In - Out + Prizes + Current Balance) x K = Cashback Bonus
Numbers Explained
We know that many of you are not fans of math and that this formula may seem complicated, so we will explain to you a little better how it works.
- In: Represents the sum of your deposits on a weekly basis
- Out: The sum of the withdrawals in the same period
- Prizes: Received bonuses including loyalty points and winnings from the tournaments
- CurrentBalance: The remaining funds in your account
- K: Coefficient of cashback that depends on your loyalty level
The higher your loyalty level is, the better percentage you will get:
- Luxor and Caesars Palace - 3%
- Bellagio and Wynn - 5%
- Paris and Escallibur - 7%
- Venetian and New York - 9%
- Vulkan - 12%
We will give you an example. Let's say you deposit a total of $500 in the last week and you withdraw half of that amount - $250. Through the prizes, you got $50 and you have the same amount left in your account. 500 - 250 + 50 + 50 equals 350. We multiply all this by the percentage that depends on your loyalty level, which is for example 7% and you will get a $24.5 cashback bonus! Not that complicated, right?
This bonus is subject to wagering requirements of x5 and you will need to complete it within 5 days from the moment of receiving the cashback.
More on the Curacao-Licensed Operator
Vulkan Vegas Casino is operated by Brivio Limited, a company registered in the Republic of Cyprus. It’s home to more than 3,000 online products powered by multiple software providers and in addition, various bonuses and promotions are served in their kitchen. Try them out and spice up your online gaming adventure!
