Melbet India is one of the casino sites that offer the best refund promotions. Available to its regulars, the popular gaming platform offers several different types of cashback offers in the VIP club and for the sportsbook.
You can earn VIP casino cashback rewards, regular cashback bonuses or the innovative basketback offer. Learn more about the Melbet cashback offer and how it works in this guide.
Melbet VIP Cashback Explained
The first cashback bonus type you’ll come across at Melbet India is the VIP cashback. This partial cash refund returns some money back to your account, depending on your gaming activity. There are 7 VIP levels in total, and each one corresponds with a higher cashback level.
Collect and accumulate points to receive higher cashback bonuses. This also increases the frequency of the bonus. To collect points, you simply need to make deposits and play games. This will give you extra points to climb the VIP ladder and earn better cashback deals.
How Melbet VIP Cashback is Calculated
Many of you will now probably be wondering how the VIP cashback offer is calculated. As mentioned earlier, it depends on your level. There are 7, and each one brings something different.
For example, levels 1-7 is calculated by this formula:
- Total stakes placed since cashback was last credited - total winnings received since cashback was last credited) x cashback %
In this case, the cashback amount cannot be negative.
On level 8, the cashback bonus is calculated on every bet you place. It doesn’t matter if it wins or loses. Calculations are made on every bet up to two decimal places. If the cashback is under 0.01, it won’t be credited. The cashback is calculated per game type at level 8:
- 0.25% for slots
- 0.1% for live casino games
- 0.2 for lottery games
- 0.05% for table games
When placing bets on table games and in the live casino, the cashback is calculated per this formula:
- Sum of bets placed on live casino games during the settlement period x 0.1% + sum of total bets placed in table game during the settlement period x 0.05%
| Level | Cashback |
|---|---|
| Copper | 5% |
| Bronze | 6% |
| Silver | 7% |
| Gold | 8% |
| Ruby | 9% |
| Sapphire | 10% |
| Diamond | 11% |
| VIP Status | 0.05 - 0.25 |
Melbet Basketback Explained
Melbet India is a complete gambling platform that includes a casino and a betting site. The basketback promo is a special sportsbook cashback offer. From Monday to Sunday, registered players who place single bets at odds of 1.50 or higher or accumulator bets with 2 or more selections at odds of 1.4 or higher are eligible for a guaranteed cashback. Only bets on 2023-24 NBA matches cater to the promotion.
The refund bonus is credited every Tuesday and is worth 5% of your total stakes. The reward will come in the form of a Melbet promo code.
Remember, in order to participate in this offer, you will need to opt in on your account page. The cashback promo code is guaranteed to arrive every Tuesday if you fulfil the requirements. Melbet won’t credit the cashback if the amount is lower than $1.
Melbet Sports Cashback Explained
The basketback promo code isn’t the only sports betting cashback you can get at Melbet India. Unlike the basketball offer, which is exclusively available on NBA bets, this one applies to any sports bet.
The gist is that at the end of the week, users will get 3% of the total amount lost on the sport if the evens have odds of at least 1.5. Melbet’s sports cashback bonus will be credited to your account every Tuesday.
How to Get VIP Cashback at Melbet India
The VIP cashback offers are only available to registered users. And VIPs, if that wasn’t obvious. You’ll also have to fulfil some other conditions, including playing the specified games during the week in order to collect points. Here’s a step-by-step guide that can help:
The link below link will take you to the original website and guarantee you get all the bonuses
GO TO MELBET CASINO
There are three ways to sign up with Melbet, so one can choose the most convenient way
Indian players can choose from 60+ methods, including GPaym Jeton and IMPS
Opt into the cashback offer on your account page within 72 hours after it’s calculated. Read the terms and wait for your bonus to arrive. Other types of cashback bonuses can also be obtained if you make bets on designated events.
Withdrawing Cashback Bonus
The main question many Melbet India customers have is if the cashback bonus can be withdrawn. The simple answer is yes, you can withdraw each cashback bonus. However, you won’t be able to do it without reading and following the terms.
The VIP and sports cashback bonuses have no wagering requirements. Still, you need to read the terms before you opt in to the offer. You must follow the rules regarding the eligible events and the odds. Make sure to pay special attention to accumulator terms, as they contain several selections.
Also, you only have 72 hours to claim the offer and complete the wagering requirements where they apply. This is very important as you have a short time to complete everything and claim your winnings. Only after completing all requirements within the determined period will you be able to request a withdrawal.
Melbet India Cashback Benefits
Why should you use a cashback bonus? Cashbacks are a popular incentive for many businesses, not just online casinos. For example, you might get cashback on your credit or debit cards, which is essentially free extra money to use. When it comes to casino cashbacks, it’s never free money, but you still get solid chances to regain what you’ve lost.
With the cashback bonus, you’re getting a portion of your lost money that you can put to good use. In Melbet’s case, the cashbacks are wager-free, meaning you can win money with the bonus and withdraw it later. This bonus is also a perfect way to reward regulars for their loyalty, which is an underrated benefit rarely any other bonus offers.
