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    What is Casino Cashback?

    MaestroDA

    By MaestroDA
    in Casinos General

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    MaestroDA Newbie Gambler

    MaestroDA

    Posted
    Posted

    Hello,

     

    Got an sms today from Videoslots.com where they are giving me 230 euro in Casino Cashback. Does anyone know what casino cashback is? Can I withdraw this money without wagering it, I have only deposit 50 euro and now all of a sudden I get 230 euro for free. Seems to be very generous :), how does this work?

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    Luciana Premium Member

    Luciana

    Posted
    Posted

    Hello MaestroDA :)

     

    I was just about to post that promotion, so here's a premiere for you, from first hand :D

     

     

    How does it work?

     

    You earn Cashback every day, every week on all your bets in our Videoslots and Slots games. The Cashback is paid to you every Friday with one week delay. So if you play during week 40, the Cashback is paid to you Friday, week 41.

     

    You can follow your earnings in my account under "My Casino Cashback". The Cashback statistic is updated once every day.

     

    How is the cashback calculated?

     

    We at Videoslots.com give back 25% of our daily profits to our players. This is awarded by percentage, the more you have bet during the day, the bigger piece of the pie you get.

     

    This offer cannot be combined with any other bonus or promotions. If you activate or have an activated bonus, no cashback can be earned until completion or failure of the bonus or promotion. Progressive video slots or slots games are not included in this promotion. Videoslots.com reserves the right to withdraw any wrong paid cash-back and end this promotion at any given time .

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    ValDes Premium Member

    ValDes

    Posted
    Posted

    Hi, MaestroDA and welcome to our forum! :)

     

    This cashback promotion is not the classic version of a "cashback" you will find in any casino. The classic cashback is based on your total net losses during a specified amount of time. So, in your case, you have deposited 50 and the estimated return would be 12,5 euro, but you get 230 euro instead! Obviously, this is something different and much more attractive. That's why I contacted the support at VideoSlots.com casino and asked for more info about this terrific cashback bonus. And from what I get, it turns out this promo would be the promo of the year! :D

    How it actually works?

    The cashback is calculated not on your losses, but on the generated casino profit for every single day. So, let's say you have deposited 200 during the whole week and managed to wager 15000. The average casino RTP (Return To Player) for slots is around 96%, which means that the casino profit would be 4% and 4% profit for 15000 wagered is 600. Then your cashback would be 25% of that 600, or exactly 150!!! :o And that's regardless whether you have won and lost during the week, regardless whether you have cashed out or not!!! :o Unbelievable!!!!!!!!!!!!!!!!!!! I asked the support several times, because didn't believe it, really! :lol:

     

    WTG, VideoSlots.com! :good:

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    MaestroDA Newbie Gambler

    MaestroDA

    Posted
    • Author
    Posted

    This seem to be a very good promo, I played yesterday with the cashback, didnt do any deposit and today I have received cashback on my cashback money! So it looks like a I get another €25 cashback next week. Very good return for only playing on a €50 deposit I must say. I hope they keep this promo.

     

    Thanks for recommending me to this casino. Great forum!

     

    Cheers!

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    ValDes Premium Member

    ValDes

    Posted
    Posted

    You are most welcome, MaestroDA! :)

     

    Feel free to browse thorough the entire forum, I'm sure you will manage to find lots of great staff and guides, along with some really great bonuses and promotions! ;)

    Wish you a pleasant stay at AskGamblers.com! :D

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    VS_Lucas Solid Gambler

    VS_Lucas

    Posted
    Posted

    This seem to be a very good promo, I played yesterday with the cashback, didnt do any deposit and today I have received cashback on my cashback money! So it looks like a I get another €25 cashback next week. Very good return for only playing on a €50 deposit I must say. I hope they keep this promo.

     

    Thanks for recommending me to this casino. Great forum!

     

    Cheers!

     

    Hi there MaestroDA,

     

    I'm very glad that you like our CashBack loyalty system, and that you are taking the opportunity of benefiting from using it very well. :)

     

    So I thank you for your support and loyalty to Videoslots.com, and we wish you more winnings, and more cashback to come your way!

     

    Thank you also goes to askgamblers for doing such a great job in these forums, and in promoting such offers.

     

    I wish you all a happy new year and a successfull one too :)

     

    Kind Regards,

    Lucas

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    • 3 months later...
    VS_Lucas Solid Gambler

    VS_Lucas

    Posted
    Posted

    Hi All, I hope you've had a good week so far :)

    So, it's Friday today, And we all know what that means right? - CASHBACK Time! :D it´s time to get rewarded for last weeks play even if you won! Get rewarded again :)


    So, Make your week even better by checking your account to see how much cashback you've received today!

    Have a great weekend!

    Enjoy and we wish you all the best! ;)

    Kind Regards,
    Lucas

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    • 3 months later...
    • 4 months later...
    • 4 weeks later...
    Afi4wins Premium Member

    Afi4wins

    Posted
    Posted

    WOW!!! I must admit that this cashback promo is definitely DIFFERENT from all the other cashback promos I know of. More and more casinos are now turning to no-wagering cashbacks and refunds for players, which is so much better than those sticky or restricted ones.

     

    This cashback promo at VideoSlots.com will greatly benefit players who managed to wager a lot, not necessarily by depositing a lot, as ValDes had explained. My wish is that Playtech casinos could and would follow this cashback trend soon enough so that Playtech fans, like me for example, can also benefit from such a system.

     

    Yes, no doubt that I can sign up at VideoSlots.com, start playing and start getting those beautiful cashbacks...but I have played at MGS casinos before and my preference is still with Playtech.  :D

     

    Afi

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    VS_Lucas Solid Gambler

    VS_Lucas

    Posted
    Posted

    Hey Afi4wins, glad you like our cashback program, and thanks for your nice comments, we greatly appreciate. :)

    on another note, apart from MG, we now also operate - BetSoft, Sheriff, NYX, Play’nGO, Push, Cryptologic, NextGen, Quickspin, Rabcat, Genesis, Leander, MultiSlot.

    + NetEnt is coming up-next launching soon. :D

    Cheers!
    Lucas

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    ValDes Premium Member

    ValDes

    Posted
    Posted

    ...on another note, apart from MG, we now also operate - BetSoft, Sheriff, NYX, Play’nGO, Push, Cryptologic, NextGen, Quickspin, Rabcat, Genesis, Leander, MultiSlot.

     

    + NetEnt is next coming up launching soon. :D

    ...

     

    Well, all that's left is Playtech, Rival and RTG to add and here we go, the first all-platform online casino! :D

     

    Seriously, how many slots do you have already? Crossed the 600 mark yet or still to come?

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    VS_Lucas Solid Gambler

    VS_Lucas

    Posted
    Posted

    Heyy ValDes, how are you doing?

    Yes, a couple more good game suppliers are on our mind and looking to add them most probably in the year 2014.

    We're currently counting 670 games. :D So once the integration is complete and we go live with NetEnt Online and Mobile games that will substantially increase too :)

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    Afi4wins Premium Member

    Afi4wins

    Posted
    Posted

    Boy or boy...a real 1-stop online casino...with everything one would ever want...

    Newbies will be dumbfounded as to what game to play...

    Oldies will be overwhelmed with choice...

    Diehards will probably stick to their favorite games...

    ......and lastly......VideoSlots will be laughing all the way to the bank... :spiteful:  :D 

     

    Hmmmm...lets see how this diehard Playtecher would respond to such a scenario...  :spiteful:  :p 

     

    Afi

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    • 1 month later...
    VS_Lucas Solid Gambler

    VS_Lucas

    Posted
    Posted

    Just noticed these last two posts. - Yes Valdes, we'll be quite close as soon as NetEnt goes live, which should be very shortly as we're in the final stages of testing now. :)

    On top of that, as i've told you before, we got a few other game suppliers on our mind, and looking to add them to our casino, so as you said we'll be the first online casino worldwide offering mroe than 1000 games, from a vast selection of software providers. :)

    Cheers Afi4wins :)

    Kind Regards,
    Lucas

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    Afi4wins Premium Member

    Afi4wins

    Posted
    Posted

    Yeah it may be difficult, but I believe that where there is a will there is a way. :)

     

    Will surely have something in mind for the 1000 game at VideoSlots.com ;) I will let you know when we arrive at that point too. :)

     

    Hmmmmm...I'd probably take a week just to choose what game to play, Lucas!  :crazy:

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