Crypto rebate bonuses or cashback bonuses are bonuses that award a percentage of a player’s losses back to the player. It can be said that the rebate bonus is a method of awarding loyalty, thus a loyalty bonus.
For example, a player could have a 20% crypto rebate bonus offer from a crypto gambling site. This means that if the player loses 5BTC, he will be awarded 1BTC as a rebate bonus.
It is important you read the terms and conditions of the rebate bonus, just to be sure of any wagering requirement. Usually, these requirement are very low and not as high in comparison with other bonuses.
ATTENTION: you need to be careful and read all the small print on the terms and conditions before you exploit your rebate bonus. All bonuses will have a wagering requirement which means that you need to play the amount that you deposited plus the bonus (or the bonus only) a number of times (from 20x to 50x) before you have the ability to withdraw any winnings. A number of gambling sites do show exactly how much you have wagered and how much more you need, so it would be smart to check on that number frequently. Also you need to bear in mind that all bonuses are time sensitive, which means that if you haven’t wagered the bonus on time, you will lose it along with any winnings. Finally, read carefully the terms again to see which games count (and in what percentage) towards the wagering requirement or what are the minimum odds your accumulator or single bet must have in order to count towards the sportsbook wagering requirement.
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