On casinopunkz cash back mechanism, You can see already the progress of your cash back after you loss while claim button is only available after the monthly countdown was over so I think they are doing real time plus/minus on the cash back rewards based on your actual PnL on the casino.
I will try to play tomorrow to verify this info.
I don't remember if I tried their casino yet because I saw some slot multiplier contest a few weeks ago, but I don't remember if I actually participated or not. Even if I did, I don't remember checking their cashback system. I usually make small deposits and I assume they do not even have cashback for general users. Isn't cashback for certain VIP ranks only?
Most of the casinos actually offer cashback to their VIP players. So, if Casinopunkz actually offer Cashback to all their players, that is something new I am hearing about.
You can already have the cashback which is 5% as based cashback if you rank up the first level of their VIP program with just 10K wager if I remember correctly.
The difference is they don’t have rakeback with their VIP benefits and only offers cashback and level up bonus then increase the percentage when you level up your VIP.
Cashback or in other word lossback is actually better to be given without reaching certain level because a player may loss several thousands dollar but his wager amount is less than the minimum amount to reach the lowest VIP level to be eligible for the cashback.
Imagine someone (a new player) is losing $8000 but wager less than $10k, means that he is not eligible for the cashback/lossback while at the same time there is no rakeback so he does not get something back from the casino, it may make this player not interested to comeback with another deposit.
About level up bonus, where did you find the information because I cant find it under the VIP benefits list as there are: Weekly FS, Cashback, Priority support, account manager, weekly reload, increased wd limit and auto withdrawal.
No level up bonus mentioned there, am I missing something?