Examples of return calculation on rates

What is return on bets (cashback) and how to calculate it?

Wagering returns, or cashback, is a system provided by an online casino that allows players to receive a portion of their losses back in the form of bonuses or real money. This mechanism works on the basis of a percentage of bets or losses made, and is often used to increase player loyalty and compensate for losses. Cashback can be charged on all bets or only on certain types of games (for example, slots).

To calculate cashback, you need to take into account several factors: the percentage of return, the type of bets, the amount of losses and the vager (if the bonus funds are to be played). It is important to understand correctly how these items affect the total return amount in order to effectively use cashback and get the maximum benefit.

Examples of return calculation on rates

Example 1: Simple slot bet

Suppose a casino offers 10% cash back on losses for a week, and the player lost 500 AUD on bets in slots.

1. Step 1: Calculate the sum of the player's losses.

Loss = 500 AUD

2. Step 2: Apply the cashback percentage.

Cashback = 10% of losses = 500 AUD × 10% = 50 AUD

Result: The player will receive 50 AUD of cashback for their losses.

Example 2: Wager Betting Cashback

Suppose a casino offers 15% cashback on losses per month, but the accrued cashback is provided in the form of bonus funds to be recouped with a 20x vager. The player lost 1000 AUD in a month.

1. Step 1: Calculate the cashback amount.

Loss = 1000 AUD
Cashback = 15% of losses = 1000 AUD × 15% = 150 AUD

2. Step 2: Consider the wager for bonus funds.

A 20x wager means you have to win back 20 times.
Wagering amount = 150 AUD × 20 = 3000 AUD

Result: To withdraw 150 AUD, the player needs to bet 3,000 AUD.

Example 3: Cashback with different percentages for different games

Some casinos provide cashback for different games with varying return percentages. For example, 10% cashback on losses in slots and 5% cashback on losses in board games. The player lost 300 AUD in slots and 200 AUD in board games.

1. Step 1: Calculate the cashback for the slots.

Slot loss = 300 AUD
Slot cashback = 10% loss = 300 AUD × 10% = 30 AUD

2. Step 2: Calculate cashback for board games.

Losses on board games = 200 AUD
Cashback on board games = 5% of losses = 200 AUD × 5% = 10 AUD

Result: The player will receive 30 AUD for losses on slots and 10 AUD for losses on board games, for a total of 40 AUD cashback.

Example 4: Betting-based cashback in a tournament

Some casinos offer cashback based on bets made within tournaments. For example, a casino offers 10% cashback on losses in a slot tournament, where players bet on a specific slot. The player placed a bet in 2000 AUD and lost 800 AUD during the tournament.

1. Step 1: Calculate the sum of the losses.

Tournament losses = 800 AUD

2. Step 2: Apply the cashback percentage.

Cashback = 10% of losses = 800 AUD × 10% = 80 AUD

Result: The player will receive 80 AUD of cash back for their losses in the tournament.

Factors Affecting Cashback Calculation

1. Cashback percentage
It is important to understand that the cashback percentage directly affects the total refund amount. The higher the percentage, the more returns you get. For example, a 20% cashback on a 1000 AUD loss would give you 200 AUD, while 10% would only give you 100 AUD.

2. Minimum and maximum limits
Many casinos set minimum and maximum cashback limits. For example, cashback can be limited to 500 AUD per month, which can affect the calculation for large losses.

3. Types of bets and games
In some cases, cashback can only be provided for certain games or bets. The casino may offer increased interest on slots and lower interest on other games. Therefore, it is important to understand which bets or games are considered for cashback.

4. Wager
In some casinos, cashback is awarded in the form of bonus funds, which must be played. It is important to consider the vager (wagering conditions) to understand how many bets you need to place before the bonus is available for withdrawal.

How to maximize cashback?

1. Play high RTP slots
High RTP (return for the player) means you lose less money in the long run. By playing on such slots, you will be able to get higher cashback, as your losses will be less.

2. Use bonuses and promotions
Many casinos offer additional cashback bonuses if you participate in special promotions or games. Using these offers will help you increase your total return.

3. Optimize your rates
If you want to maximize your cashback, focus on the bets that bring the most losses (if the cashback depends on losses). However, remember that this increases risks, so it's important to stick to a sensible strategy.

TOP casinos with favorable cashback conditions

1. Casino X

Cashback percentage: 10-20% of losses
Conditions: Transparent cashback calculation, quick payments.

2. Betway Casino

Cashback percentage: 10%
Conditions: Cashback for all bets, additional bonuses for active players.

3. LeoVegas Casino

Cashback percentage: 15%
Conditions: Personalized cashback promotions for VIP players.

4. JackpotCity Casino

Percentage of cashback: 5-10% of losses
Conditions: Transparent conditions and regular promotions for all players.

Conclusion

The correct calculation of cashback helps players to accurately estimate how much money they can return for their losses. By applying various strategies, such as playing high RTP slots and participating in cashback promotions, you can significantly increase the real return and make the game more profitable. It is important to always read the terms of the shares carefully in order to make the most of cashback.