Yes, this is another sweet deal that that casino operators use to lure as many customers as they can so that they can register their selves with them. What this promo means is that the players could get their money back if they lose a certain amount for a certain period of time. It is always calculated as the percentage of the total net loss that the players have encountered. The percentage rate differs from Casino A to Casino B. but, the usual rates lie between 5% and 20% across all those casinos that offer such an irresistible offer to its customers. The period within which such calculations are based on can be daily, weekly, monthly or even annually. And then again, this bonus is only applicable to some games. There are some specific games that which when the players make hugely loses out of it, they may get a chance of being rewarded back in order to encourage them to try their luck again by playing the same game.
Crediting the players with this offer also varies from one casino to the other. Some casinos prefer to award the players with the bonus deposit while others prefer giving cash money to the players.
For instance, a player might spend €50 in playing the Jacks or Better Poker game. Then, unfortunately, such player ends up losing that game. So, how this bonus works is that a certain percentage of what the player lost is credited to the players account. Assuming that the rate that the casino operator decides to go with is 10%, then the player will be credited with €5.
Casinos that offer this kind of bonus include Play OJO, No Bonus Casino, and Codeta.