Best Cashback Casinos & Bonuses 2024

Why Cashback Casino Bonus Offers are Popular

Cashback casino bonuses are great for players to get a return on their online casino spending. If a player places a bet and doesn’t manage to hit any wins, then instead of losing all their money, the casino will give the losing players some of their cash back, which softens the slow a little bit – and gives them some extra playing time!

These are now available at many top casino sites in Canada and are given to players as regular promotions. So, if this is the type of promotion you’re looking for then there you’re sure to find something to suit you.

Ultimately, this is a great way to recover a percentage of your overall losses and is usually given purely as a goodwill gesture. The percentage you get back normally ranges somewhere between 10 to 20% depending on the casino – and there will also be a maximum amount that you will be able to claim back… i.e. 10% cashback up to C$10

This type of bonus will often be given to players on top of other promotions (such as the welcome bonus) or it may also be available as a standalone offer. These are most commonly found as a popular live casino bonus or sports betting bonus.

Cash Back Offers: Popular All Across the World

Cashback offers have proven to be popular all across the world – not only do online casinos offer cashback bonuses, but online shopping sites provide loyalty cards, rewards schemes, air miles etc all working under the cashback premise… online casinos have worked out exactly how appealing it is and have got in on the act.

The beauty of the cashback bonus is its simplicity. A player can spend their entire budget on their favorite games knowing that if they don’t manage to get a win then they can at least get some of their money back.

The real cash bonus is usually calculated based on the net losses that have occurred over a select period of time. (i.e. 10% of your net losses over one week).

How Cashback Bonuses Work

A cashback bonus is awarded to a player who is playing selected games and loses money. This type of bonus is normally a percentage match of losses.

It is usually worded as a percentage amount back up to a maximum amount. For example, a casino cashback offer may be a 15% cashback offer of up to C$50. This means that the most they will be able to get in cashback money is C$50, even if it calculates to be much more.

You need to be aware of the maximum amount you can expect back before claiming the offer. There’s no point playing C$5000 expecting at least C$750 (15% of $5000) back and then being disappointed when you only get C$50. As such, it is essential that you always read the terms and conditions attached to any offer you claim before doing so.

The biggest difference between a cashback bonus and other types of bonuses is that the requirements attached to them are usually a lot different. Most other bonuses are reload-type bonuses that reward you for playing and encourage you to play more, whereas a cashback reward is usually for a loyal player that has suffered some losses.

Moreover, cashback bonuses don’t usually carry wagering requirements so you can withdraw anything you win from the cashback funds straight away.

• Cashback Casino Bonuses Wagering Requirements

  As we mentioned, in most cases, there won’t be any wagering requirements you need to fulfill when you claim a cashback offer because these are only given to players after they have already placed a substantial number of losing bets at the casino. As such, it would be considered to be pretty unfair to put wagering requirements on them given that they are only based on losses.

  Usually, the only real condition worthy of mentioning is the maximum cap, which you need to consider when playing.

• Cashback Bonus Expiry

  You also need to factor in the reality that a cashback offer will come with an expiry date, which is true of all casino promotions. So, when you claim this type of promotion, make sure that you read the details first. If you don’t play the cashback money within the given time frame then you will lose it. They usually won’t last for any more than 60 days at the very most.

Comparing Different Cashback Bonus Offers

Most online casino sites will offer a welcome bonus with all different layers – many will even offer a small percentage of cashback as well. This welcome bonus will be awarded to a player for making a first deposit on this site and usually offers a match deposit offer plus free spins – and hopefully a cashback bonus!

However, it is also available one time only and can only be claimed by new players that meet all the criteria to claim the offer. Aside from a side attraction on a welcome bonus and deposit bonuses, here are some of the main cashback bonus offers you might find:

Top Tips for Using Online Casino Cashback Bonuses

No matter what bonus you claim, you want to always make sure that you make the very best of what is on offer – so remember there are a few things you will need to keep in mind:

Also, remember that you may be able to find news and information on current cashback offers in casino newsletters and blog posts. If you opt-in to communication from a casino, then you will be able to get news of any new cashback promotion delivered to you directly to your inbox, without having to do any checks yourself.

This is an excellent way to make sure that you don’t miss any offers.

Responsible Gambling and Cashback Casino Bonuses

Whenever you check out new online cashback casinos and consider claiming any offer, then you obviously need to be aware that, with or without a promotion, gambling should always just be for fun and entertainment.

As such, it goes without saying that you shouldn’t deliberately play much riskier bets just so that you can lose and take advantage of a cashback offer. If you do feel that your gambling habits are starting to get out of control, seek out help at the casino or a professional gambling help centre such as BeGambleAware.org.