People visit the casino to have a good time and try their luck at winning some money. There is always a chance you could walk away from it all with nothing gained. In this case, you can get your money back from the casino. The cashback bonus pays back a portion of your losses in the form of bonus money. If you lose at least 100 euros each week, for instance, the casino may give you back up to 200 euros in cash.
Furthermore, cashback offers appear more frequently than other promotions such as a welcome bonus, free spins, deposit bonus, different match bonuses, or any other casino bonus. While new players are only eligible for a single welcome bonus, regular cashback casino bonus rewards are available to those who stick around.
We have compiled a list of the best casino cashback bonuses to get when playing at online casinos. Further, we detail the methodology behind how we calculate the cash-back amount. In this way, you can claim the best cashback bonus presented here with confidence, knowing how the pros rate it.
You can get some of your money back if you lose at a casino by activating a promotion called a cashback bonus.
This system functions similarly to other "cashback" promotional schemes, which may refund a percentage of your money for certain purchases.
What are cashback casinos?
We classify a site as a cashback casino if it offers one or more casino cashback bonuses with player-friendly bonus terms and conditions.
As a result, we not only look for and present sites that provide casino cashback bonus offers, but we also verify their legitimacy.
How Cashback Bonuses Work
Cashback casino bonuses are activated when a player engages in casino play, primarily on the website's online slots. In most cases, these bonuses will either double or triple the amount a player wagers.
With a casino cashback bonus, you can get a certain percentage of your bet back if you lose. If, for instance, a player's maximum cashback from the casino is €100 and the terms of their cashback bonus state that they will receive 20% of their losses up to €100, then their losses must not exceed €100.
The best cashback bonuses are not related to a percentage when capped at a certain amount; for example, if a player can only receive back up to €200, then that is the maximum they can receive regardless of how much they play. If you want to take full advantage of a casino cashback bonus, you should read the terms and conditions first to find out if there are any restrictions on how much you can win.
Cashback bonuses are unique among casino bonuses in that they typically have much looser wagering requirements. When you do not have a good run, cashback bonuses help ease the blow more than other bonuses because they reward your loyalty.
As you have already used the money to play, there are typically no wagering requirements attached to these bonuses.
Cashback Bonus Wagering Requirements
Since the player has already placed wagers with the casino before accepting the online casino cashback bonus or no wagering casino bonus, there are typically no wagering requirements attached to cashback bonuses. The casino should not make the player fulfil wagering requirements before receiving any compensation for their losses in the form of a bonus.
However, there is typically a maximum limit to the amount of money you can get back through cashback bonuses and promotions.
Verify the casino's legitimacy by seeing if it holds a valid licence from a reputable licencing authority, like the Maltese Gaming Authority (MGA) or the UK Gambling Commission (UKGC).
Types of Cashback Bonuses
All cashback casino bonuses require you to make a minimum deposit before you can cash them out. Since no online casino offers a complete money-back guarantee, the payout is never the full bonus amount won. Different types of cashback bonuses exist, each with its own set of rules and requirements. The most common forms of cashback bonuses are as follows:
Monthly Cashback Bonus
Payments for this type of bonus are made on a monthly basis, typically at the start of the month. The cashback percentage varies considerably between online casinos. Discounts begin in the low percentages.
Short-Term Promotion Cashback
Casinos will occasionally run promotions that offer cashback deals, but they typically only last a few weeks to a month at most. This programme may have more stringent terms and conditions than others.
On All Loses
If you lose money while gambling and activate a cashback bonus on all losses, the casino will reimburse you a certain percentage of that money. You can play casino games you like and still receive the cashback from this promotion; there are no stipulations. When it comes to cashback offers, the kind that applies to any and all losses is unusual.
Cashback on Specific Games
There can be no multi-game or multi-genre cashback bonuses. Free spins and other casino bonuses on pirate-themed slot machines are just one example. While that is an extreme case, some casinos do come up with unusual casino promotions like that to attract customers.
Cashback on Deposits
This bonus is not like the typical cash-back bonus. A cashback on deposit bonus is a type of casino bonus in which the player receives a cashback percentage of their deposit back regardless of whether or not they win or lose. If you make a deposit of $100 and are eligible for a 15% cashback bonus, you will receive $15 in bonus funds.
Cashback bonuses for specific game providers, like Microgaming or NetEnt, are the focus here. In other words, playing slots from a specific developer will earn you cash back. Typically, this is a time-sensitive offer.
Your cashback will be converted into another form of payment. You might not get your hands on actual currency, but rather free spins with no deposit, lottery tickets, or cryptocurrency.
Progressive Cashback Bonuses
The best part is that some cashback bonuses offer rates that rise as you progress through the promotion. For example, the 2% casino cashback rate you receive as a new player can increase all the way up to 18% later on.
Live Casino Cashback Offers
It is important to note that some casinos restrict online casino cashback to specific games. Slot games typically have the most generous cashback bonuses. But if you play live casino games at one of these betting sites, you will be eligible for a casino cashback offer. If you like to play live dealer games like blackjack, baccarat, roulette, and game shows, then you should take advantage of a live dealer bonus.
How to Claim a Cashback Bonus
One of the most accessible bonuses in an online casino, the cashback casino bonus, requires no special actions on your part other than playing for real money. No matter who is in charge of the promotion, though, your money will be returned to your online casino wallet regardless of how you originally deposited it.
Playing at an online casino that accepts Neteller is functionally equivalent to playing at a casino that accepts Mastercard, accepting payments via PayPal, or accepting bank transfers. There is no delay in having funds added to your casino account, but there may be fees or waiting periods associated with withdrawing them later.
To receive a cashback bonus, please follow these instructions:
You can claim this offer by clicking the button provided;
Get familiar with the terms and conditions of that casino cashback bonus;
Always stick to the online casino games that count towards this promotion;
When the conditions are met, the bonus cash will be automatically added.
Cashback Versus Other Bonuses
If you love cashback bonuses, and are still new to this field, then it is important to understand what each bonus offer represents. For your convenience, we have sorted out this issue:
Customers who have just made their first deposit are often rewarded with a special welcome package.
They typically take the form of a match bonus or bonuses, and the number you receive is directly proportional to the number and size of your payments. Participation in welcome bonuses should be interpreted as evidence of confidence in the gambling site.
No deposit bonuses
The point of no deposit casino bonuses is to attract new, long-term customers and make a good impression on them. Consider them a chance to try out a service with minimal risk and cost.
Usually, a casino with reload bonusallows players to capitalize on comprehensive platform-wide promotions, providing an extensive array of opportunities and benefits.
The platform operator's desire to maintain an engaged and content user base is demonstrated by their inclusion.
Should You Play with a Cashback Casino Bonus?
The decision to receive a cashback bonus, if any, rests solely in your hands. Every participant will have the option to decline a bonus if he determines it is inappropriate for his play style.
One more good reason to take a cashback bonus is that it helps lessen the blow of a few losing wagers. While the best cashback bonuses are most commonly associated with online blackjack, poker, and roulette, they can also be earned by playing popular live dealer games like baccarat, roulette, craps, and keno.
Having a cashback bonus as a backup means that you can try again the following week to increase your odds of winning in the event that you lose during a particularly bad hand. In order to assist you in formulating an opinion regarding cashback bonuses, we will now discuss several benefits and drawbacks associated with these rewards. Let us weigh the pros and cons of this bonus in more detail.
You can manage your gambling budget with the help of cashback bonuses offered by online casinos.
They typically have no wagering requirements and a rollover of only once.
The average casino cashback bonus is 10%, but you can find some that are as high as 50%.
Most VIP bonuses are reload bonuses, and the terms are usually quite favourable.
Some of the money you lose may be recovered, but it will not be nearly enough to cover your expenses.
There are typically minimum deposits required for cashback bonus offers at online casinos.
In some cases, the eligibility period for a casino cashback bonus may be shorter than the customary 30 days.
Are Cashback Bonuses Legal?
Casino bonuses in the form of cashback are perfectly legitimate. Players need not make any additional deposits or risk more than they had originally intended. Of course, the legitimacy of bonuses always depends on the laws of the place where they are being offered.
For instance, players in some regions are not eligible to participate in any promotion that involves a bonus and game play. Always check the terms and conditions of a site before signing up for a promotion to ensure that you can legally play there from your location.
A legitimate and authorised gambling establishment will always provide welcome bonuses. Always look for a certification logo from the MGA, the UKGC, or another trustworthy licencing organisation if you have any doubts. If you can not tell if something is licenced, it is probably best to avoid it. However, we only ever recommend trusted casinos that have passed our strict scrutiny and earned top marks from our users.
Before you deposit on a live casino cashback bonus, make sure to play it safe. Please refer to our extensive responsible gambling guide or the BeGambleAware page if you have any concerns about your gambling habits while using online gambling sites.
If there is a cashback bonus available, how do I claim it?
You can get your money back from a lot of casinos if you take part in their promotions. This is typically done by entering a promotional code or clicking a link indicating your consent to be considered. Just follow the promotion’s instructions to get your cash back when you meet the requirements, and the money will be deposited into your casino account. But not all casinos and sports betting sites offer cashback bonuses.
Can you explain the distinction between casino earnings and cashback?
Cashback in a casino refers to a bonus amount equal to a certain percentage of your losses or initial deposit. A casino makes its money from players’ winnings.
What is a cashback casino?
It is the casino’s way of giving back to you, in the form of free money, a certain portion of what you deposited.
What is the difference between a welcome bonus and a cashback bonus?
The purpose of welcome bonus is to get new players to sign up and start playing to win real money. They could be fantastic, but there is no incentive for current players to stick around. Players who have already signed up for the casino can take advantage of the best casino cashback bonuses, which serve as both a reward for their continued patronage and an additional incentive to play.
Do casinos offer cashback bonus?
Since some online casinos offer them, cashback bonuses are uncommon. You can always check the cashback bonus casino in the promotions page, and do not ignore the cashback bonus terms and conditions. Casinos offer cashback bonuses so that players during playing casino games can return part of the funds in the form of bonus money.
Are cashback bonuses instant?
In most cases, that would be correct. You can avoid waiting for bank transfers, currency conversions, and other processing delays associated with casino cashback bonuses by having them credited directly to your casino wallet. This cash is available for immediate use in a game. Before you start playing, make sure you understand any withdrawal requirements that may apply to your payment method by reading the casino cashback bonus terms and conditions.
What is the average casino cashback percentage?
In most casinos, you can expect to receive anywhere from 10% to 30% of your money back. Each casino offers its own percentage of cashback funds.