When it comes to online gambling, there are two popular types of bonuses available that players can use to their advantage. Cashback and deposit bonuses can be great incentives for players but they each come with their own pros and cons. In this article we’ll be taking a look at these two bonus types in order to help you decide which one best suits your needs.
What is Cashback?
Cashback is an incentive offered by some online casinos where players receive a percentage of the money they have wagered back as bonus cash. For instance, if you were playing slots and had wagered $100, the casino might offer you 10% cashback so that you would get $10 added to your balance. This bonus type is particularly attractive for those who like to take risks and play higher stake games as it minimizes losses when things don’t go your way – plus it’s always nice to get something back!
What are Deposit Bonuses?
Deposit bonuses are incentives offered by some casinos where players can receive extra funds just for making a deposit into their account. These funds can then be used on any eligible game within the casino – usually slots or table games – allowing you to extend your gaming session without having to risk additional money from your own pocket. The amount of bonus funds varies from casino to casino but is generally quite generous; however, it’s important to keep in mind that these funds must meet certain wagering requirements before they can be withdrawn as real money wins.
Pros & Cons of Each Bonus Type
Each bonus type has its own unique advantages and disadvantages that should be taken into consideration before deciding which one best suits your needs. Cashback rewards are great for minimizing losses but require high-stakes gameplay in order to make the most out of them; meanwhile, deposit bonuses may not offer as much potential reward but provide more flexibility in terms of spending power. Ultimately both bonus types can be advantageous if used correctly so try out both options and see which one works best!
In conclusion, when weighing up the options between cashback and deposit bonuses there’s no one-size-fits-all answer as each type has its own pros and cons depending on individual preferences and needs. Do some research on what’s available at various casinos and consider how much risk/reward each type provides so that you can find the best fit for yourself!