Cashback-What is Cashback?

Overview

Cashback, is commonly used in promotional activities on online gaming platforms. Its purpose is to encourage players to increase their betting activities while providing additional rewards. This system works similarly to credit card bonus points—the more you spend, the more points you earn.

How It Works

The operation of cashback is relatively simple. The basic principle is to calculate the “effective betting amount” and “cashback percentage” to determine the cashback amount. For example, if the cashback percentage is 0.2% for a week and the effective betting amount is 10,000, the player will receive an additional cashback amount of 20 at the end of the week (10,000 × 0.2 % = 20).

See more: Exploring the Use of Virtual Currency on PKLIVE

Specific Examples

Example 1

A player has an effective betting amount of 500,000 for the week, and the platform offers a 0.3% cashback.
Calculation: 500,000 × 0.3% = 1,500 cashback.

Example 2

In a week, a player has an effective betting amount of 650,000 in baccarat, and the platform offers a 0.4% cashback.

Calculation: 650,000 × 0.4% = 2,600 cashback.

Example 3

For the week, a player has an effective betting amount of 1,100,000 in slot games, and the platform offers a 0.4% cashback.

Calculation: 1,100,000 × 0.4% = 4,400 cashback.

Advantages and Benefits

The cashback system aims to motivate players to engage more in gaming activities while providing additional rewards. It enhances the platform’s activity and engagement levels. Through cashback, players can enjoy the gaming experience and receive a portion of their betting amount back, adding more fun and value to the gaming experience.

In summary, cashback is a promotional scheme provided by online gaming platforms to encourage betting activities. By calculating the effective betting amount and cashback percentage, players can receive a corresponding amount of cashback over a certain period, making gaming more enjoyable and attractive.