New Brand Alert! Casiqo to Break Status Quo
Interesting news! We haven’t added any fresh brands lately but it is worth the wait. Casiqo Casino has succesfully cleared their beta testing and is now accepting players!
The wait is over as Casiqo has finally launched accordingly and is now open for business. We did not hesitate as this exciting state-of-the-art gaming site was instantly added to our new online casinos list. Great game selection with over 2,000 games and great number of game providers will keep you entertained and superior 24/7 customer service just puts the icing on the cake. Responsibility and fair gaming are key principals for this operator and they have acquired their license from the European Maltese Gaming Authority.
Rewards policy is a bit unusual an instead of traditional match deposit bonuses Casiqo is offering all players a 10% cashback on their deposits. This brand is another one operated by N1 Interactive Limited that has become the number one producer of new gambling sites lately. Their current pace equals to approximately 20 new published casinos per year, which is astonishing! Larger entities can bring added value to the table from the player’s perspective as customer service, payment methods and game supplier networks can be synergized.
Unorthodox 10% Deposit Cashback
So instead of offering you standard welcome bonuses, Casiqo has chosen to offer their customers a weekly deposit cashback. To simplify this, it means that they are calculating your total deposits on a weekly basis and if your balance is negative during this period, you are entitled to a 10% cashback bonuses.
The clock starts ticking every Tuesday so the cashback calculation runs from Tuesday until the following Monday. If during this time your balance has dropped, the casino will compensate you with 10% cashback. The minimum reward payable is set to $1.50 so in other words losses smaller than $15 are not eligible for cashback. The maximum 10% cashback available per week is set to $1,500 i.e. equaling to total net losses of $15,000.
If you are entitled to a compensation, the sum will be credited to your player account no later than 18:00 CET every Tuesday. Keep in mind that only slots are generating cashback and this offer cannot be used on other products! The cashback is credited in bonus money and there is a 5-time wagering requirement before the amount is unlocked into cash available for payouts. You have 7 days to meet these play-through requirements and the maximum bet size must be kept to $7.50 or lower on every spin.
Convert Loyalty Points into Cash!
Sign up today and you can start collecting Casiqo loyalty points from the first spin you make! By playing any of the hundreds of slots, you’ll earn 1 loyalty point (LP) for every $38 wagered. When you reach level for or have 6,000 points in the bank, you can begin converting your LP’s into cash. If you manage to unlock higher loyalty levels, the better your terms and conversion rates will get.
Loyalty Point Levels:
- 1st Level: 200 points
- 2nd Level: 1,000 points
- 3rd Level: 3,000 points
- 4th Level: 6,000 points
- 5th Level: 8,000 points
- 6th Level: 15,000 points
- 7th Level: 25,000 points
- 8th Level: 35,000 points
- 9th Level: 50,000 points
- 10th Level: 100,000 points
Depending on your level, you can exchange your LP’s into bonus money. For example on the 4th Level you can convert your points with a 200:1 ratio and at the 10th Level the ratio is 75:1. The bonus money has a 10-time wagering requirement before it can be unlocked into cash. So for example if you have 10,000 loyalty points on your account, on Level 4 you'd be getting a $50 bonus as on the 10th Level with the same points you'd be looking at a bonus of $133.33. Only real money wagers are generating LP’s for the player.