What is Lossback? Lossback Explained.

Last Updated on October 13, 2023

Lossback is a promotional offer provided by some online casinos and betting platforms, where a certain percentage of a player’s losses is returned to them. This rebate, typically credited as cash or bonus money, serves as a consolation to the player, reducing their net losses. The exact percentage and terms can vary across platforms, but the overarching concept is to give players a partial reprieve from bad betting sessions.


How is the Lossback amount calculated?

The Lossback amount is typically calculated as a set percentage of the net losses a player incurs over a specific period, such as a day, week, or month. For instance, if a casino offers a 10% lossback and a player loses $100, they would receive $10 back.

Is there a difference between Lossback and Cashback?

While similar, there’s a subtle distinction. Lossback is exclusively based on the losses a player incurs. In contrast, cashback can be based on the total amount wagered, regardless of whether the player wins or loses.

Are there any wagering requirements associated with Lossback?

This depends on the platform’s terms and conditions. Some casinos credit the lossback as withdrawable cash, while others might consider it bonus money with associated wagering requirements. It’s crucial to read the promotional terms to understand any stipulations.

Why do casinos offer Lossback promotions?

Lossback offers act as an incentive for players to continue playing on the platform, even after a losing session. It enhances player loyalty, making them feel valued and offering a cushion against sustained losses.

Can Lossback promotions be combined with other bonuses?

Policies vary across platforms. Some casinos allow players to combine lossback with other promotions, while others might restrict simultaneous bonus activations. Players should consult the specific terms of each bonus and, if in doubt, contact customer support.

Author of This Article:

Rahul Bhatia

Rahul Bhatia

Rahul Bhatia

Rahul Bhatia

Ready to Turn Your Crypto into Winnings?

As a Polygon Casino, we offer an array of casino games, all operating with a robust, cryptographically secure pseudo-random number generation algorithm. Our system is tamper-proof and ensures an absolute level playing field for all players. This technology employs a combination of a client-selected seed and our server seed, making it impossible for either party to manipulate the game’s outcome.

Share with your Friends Now!

Note: At Fortunekingz.com, we're constantly striving to bring you the most accurate, engaging, and transparent content possible. In our commitment to this goal, we use a blend of innovative AI technologies and the skilled touch of our human writers. The AI assists in in-depth research and information accuracy, while our dedicated writing team refines the content to ensure it’s engaging, coherent, and user-friendly. This synergy ensures that what you read is both cutting-edge and crafted with a human touch. We believe in the power of technology but also understand the irreplaceable value of human intuition and creativity.

Related Articles