Cashback bonus is one of the more overlooked online casino bonuses in the gambling sphere. Most of the players focus on match bonuses, free spins, and similar offers. Cashback bonus online gets less attention because there are fewer promotions of this type. However, there are some regular offers with a focus on cashbacks as well.
Now we are going to take a closer look at what's a cashback offer, how it works, pros and cons, and more.
Note: This article is for informational purposes only. Any and all details provided below are meant to help you make your own transactional decisions, and do not amount to investment advice.
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🤔 What’s a Cashback Casino Bonus?
It’s a bonus that lets you take a percentage of your losses or deposit back. Usually, this bonus comes in the form of bonus money, with a series of terms and conditions attached to it. The average cashback bonus ranges from 5% to 30%.
For example: a cashback bonus can give you 10% back from your losses on Reactoonz. This means that if you lost $100 while playing this slot game, you will get $10 back in bonus money.
How Do Cashback Bonuses Work?
Unlike deposit bonuses where you need to make a deposit in order to receive a reward, a cashback casino bonus lets you take a portion of your losses back. This means that you first need to lose on a specific game or a set of games to claim this type of bonus. For example, if there’s a 10% cashback offer, every time you lose a bet, you receive $10 of your money back as bonus cash.
As a general rule, cashback bonuses come with restrictions and limits. Usually, there’s the maximum amount of cashback you can get. For instance, if you get the 20% cashback offer and the maximum cap $100, $100 is the maximum amount you can receive as cashback even if you lose, let’s say $3000. If the bonus cashback casino offer comes with no limits, it means you can receive unlimited cashback. The limit is always specified in the bonus terms and conditions.
Pros and Cons of Cashback Bonuses
Like any other casino bonus, cashback offers, too, have their advantages and disadvantages. Let’s have a look at the top reasons why the best cashback bonus offers have much more value to offer than you might expect at first glance, but also some disadvantages:
✔️ Pros
❌ Cons
Reduced losses — You can recover a portion of your losses when you sign up for a cashback bonus. Most of the casinos with cashback bonuses offer anywhere between 0.5% to 30% back on your net losses. The percentage depends on the promotion.
Restricted games — as a general rule, you only get cashback when you play certain games.
Extended playtime — cashback offers means more money to play with.
Not widely available — this is not a rare offer, but you surely won’t find it at all casinos.
No wagering requirements - this type of bonus usually comes with low or no wagering requirements at all.
Simple requirements – Some casino bonuses have pretty specific requirements. That’s not the case with a cashback bonus.
How to Choose a Cashback Bonus Casino
Not all cashback bonuses are the same and some of them might not even be right for you. That’s why we have gone ahead and made things easier for you by listing the best casinos with cashback bonus offers for you. All you need to do now is choose one that suits you best. Here’s what you need to do:
1
Select a casino
Simply select one of the casinos from our list.
2
Redeem the bonus
Click on the bonus to redeem it.
3
Read the T&Cs
Carefully read and accept the terms and conditions.
4
Check eligible games
Cashback bonuses are usually only available on certain games.
5
Enjoy the bonus
Now you can start accumulating the refund to get your cashback.
Types of Cashback Bonuses
Every cashback casino bonus type involves the redemption of money that you’ve already deposited. Redeeming the money is always partial as no online casino provides 100% cashback. The cashback bonuses are categorized based on their structure, terms and conditions, and some other factors. Here are the major types of cashback bonuses:
🗓️ Monthly Cashback Bonus
This type of bonus is a monthly compensation that is transferred to your account at the beginning of each month. The percentage is quite different between various casinos. The lowest rebates start from around a few percent.
⌛ Short-Term Promotion Cashback
Sometimes casinos organise promotions that offer cashback and last only a few weeks up to a month or two. In this case, the attached terms and conditions may be stricter compared to other programs.
🪄 On All Loses
Activating a casino cashback bonus on all losses means that you will get a percentage of your losses back. This type of offer comes with no game restrictions, so you will typically get your cashback regardless of the casino games you played. The cashback on all losses offer is quite rare as usually there are specific games attached to these offers.
🎲 Cashback on Specific Games
A cashback bonus can focus only on a single game or game genre. For instance, you’ll get juicy rebates on pirate-themed slots. While that’s a far-fetched example, some casinos get creative with promotional ideas and that’s how this type of bonus comes into life.
🤑 Cashback on Deposits
This type of bonus is different to regular cashback bonuses. When you activate a cashback on deposit bonus, the casino gives back a percentage of your deposit, regardless of your losses. For example, if you claim a 15% cashback bonus and deposit $100, you will get $15 back as bonus money.
🎮 Provider Cashback
The game provider cashback bonuses hone in on a single game provider like Microgaming or NetEnt. That means spinning slot reels of a particular provider will get you rebates. This promotion tends to be limited-time only.
🎟️ Converted Rebates
Conversion of your cashback means that you’ll receive that money in another form. Instead of cold hard cash, you could snatch up free spins, lottery tickets, or crypto coins.
🎰 Progressive Cashback Bonuses
Here’s the fun part: participating in some promotions will get you cashback rates that increase as you get a better ranking in the promo. For instance, you’ll enjoy a 2% cashback rate as a new player but this can even scale to a whopping 18% down the road.
♠️ Live Casino Cashback Offers
Some cashback bonuses are limited to certain types of casino games. Most cashback bonuses are offered on slot games. However, some betting sites have cashback offers that are only applicable when you play live casino games. A live dealer bonus is a great offer if you enjoy playing live blackjack, live baccarat, live roulette, game shows, and other immersive live dealer games.
How to Claim a Cashback Bonus
Like with any other casino bonus, you need to claim your cashback bonus to take advantage of it. The process is usually quick and easy, here’s what you need to do:
Select a casino – Choose one of the casinos that offers cashback bonuses from our list and click ‘PLAY’. You will then be redirected to the casino page itself
Read the bonus terms and conditions – Check if there are any wagering requirements attached to the offer as well as game restrictions, the maximum cashback limit & other limits.
Claim the bonus — Most likely, there will be a ‘CLAIM NOW’ or ‘CLAIM BONUS’ button you need to click.
Register – If you don’t have an account at your chosen casino, you need to register.
The bonus is activated – Now your cashback is automatically credited to your account and you can start taking advantage of it.
⚠️ Note: Some casino cashback bonuses can only be activated through casino bonus codes. In this case, you can only claim it by redeeming a given cashback promo code.
18+ T&C Apply. Play Responsibly. Full Terms Apply. This offer is not available for players residing in Ontario.
New casinos with bonus codes offers are always popping up in the industry, and our internal team of casino experts here at Mr. Gamble work tirelessly to bring you the best ones. So if you’re looking for some fresh casinos with cashback offers, look no further. We have included some of the best and most trusted sites in Canada in the list above.
Common Cashback Bonus Terms and Conditions
There’s always a series of terms and conditions attached to cashback offers. Although these differ from one casino to another, there are some terms that are common throughout all bonuses, including:
Maximum cashback — The maximum amount of money that you can get from a cashback bonus. This cap will limit the amount of funds that you get from a bonus deal.
Minimum payout – The majority of cashback bonuses carry minimum payout requirements. Although these aren’t high, they do make it impossible to receive any cashback if you are only committing to a few dozen spins. Then again, who would do that in the first place?
Minimum deposit – Different cashback casinos have different minimum deposit amounts required to claim a cashback bonus.
Expiration date — Your cashback casino bonus will not last forever. Depending on the casino, it can be valid for 24 hours, a week, or a month.
Game restrictions — Cashback bonuses are usually valid on a specific game or a number of games. They frequently come with a list of excluded games. More often than not, the cashback may cover all or most of the slots, while leaving live casino and certain table games out of the equation.
No Wagering Requirements
The best thing about online casino cashback? Most of the time, you won’t have to fulfil wagering requirements for these bonuses. This means that anything you win, you are free to keep. Please note, there still might be some low wagering requirements attached if you receive a cashback bonus that is higher than usual. This is precisely why it is important to always check the bonus terms and conditions.
Usually, wagering requirements do not apply to cashback bonuses.
Pro Tips for Finding the Best Cashback Bonuses
The cashback offers give you nice value. But if you want to extract the maximum amount of boom’n’pow out of your promotions, check our top tips on casino rebate promotions now.
Tip
Description
💰Check the max cashback limit
Casino promotions rarely offer endless benefits. At some point, the promotion becomes invalid because you’ve reached a certain threshold. The cashback bonus is mostly advertised as a fixed or progressive percentage from your net losses. Check the cap on maximum losses that you are able to recover.
💳 Verify reward format
Online casinos diverge in the cashback format they use. Some online cashback casinos provide actual cash that you can immediately withdraw. Many others take a different route with bonus money that you can only use for gambling. While not a traditional cashback bonus per se, you could even receive the cash value in free spins or other rewards.
🎰 Take note of game exclusions
Cashback bonuses frequently come with a list of excluded games. More often than not, the cashback may cover all or most of the slots, while leaving live casino and certain table games out of the equation.
💵 Be mindful of the minimum payout
The majority of cashback bonuses carry minimum payout requirements. Although these aren’t high, they do make it impossible to receive any cashback if you are only committing to a few dozen spins. Then again, who would do that in the first place?
FAQ
How to claim a cashback bonus?
In order to claim your cashback bonus, you have to opt in to the promotion. The next steps depend on the casino, so you will need to follow the casino’s requirements and instructions to get your bonus.
How much do I have to bet for a cashback bonus?
Every solid cashback bonus is going to have a minimum payout threshold. Usually, this is low enough so that the majority of players have no trouble reaching it relatively quickly.
How do I redeem casino cashback bonuses?
Cashback is automatically redeemed at the beginning of each month in most online casinos. A single one-time cashback campaign is likely to pay out the rewards after the campaign period has finished.
Are cashback bonuses legal?
Yes, cashback bonuses are legal. You just need to make sure you play at a regulated and trustworthy casino site. The casinos we’ve listed on this page are all regulated by an official and reputable authority.
What is the average cashback percentage?
The average casino cashback is usually between 5% and 30%.
Can I win real money with cashback?
Yes, you can. Whenever you get a portion of your losses back, that money is yours and you can use it to play casino games, and potentially win. Although it’s important to know that some casinos will require you to wager the money first.
Can I only get cashback when losing money?
No, it is also possible to get cashback when making a deposit, for example. It’s a different type of cashback bonus where you can get some money back when you make your first deposit.
Do cashback offers come with wagering requirements?
No, usually cashback bonuses come with no wagering requirements. However, some casinos might have wagering requirements, so you should always check the terms and conditions before you opt in and start playing.
Do all casinos offer cashback bonuses?
No, not every online casino has casino cashback offers. We’ve listed the ones that do here on this page.
How to get cashback bonus online casino?
You can get your hands on some of the best cashback offers by simply selecting an online casino with cashback bonus listed on this page and claiming the cashback bonus.
Is online casino cashback bonus free?
Activating your cashback bonus is completely free. However, in order to qualify for rebates, you need to deposit some money and play enough to reach the minimum threshold for a cashback bonus payout.
Paul Puolakka is an experienced marketing executive with a decade's worth of experience in the iGaming industry. As a Chief Marketing Officer, Paul has led initiatives for some of the most renowned casino comparison sites in the Nordics, helping them drive growth and engagement in a highly competitive environment...
Paavo's passion for all things casinos led to building a world-class iGaming company. Having over a decade of experience, he knows exactly what gamblers are looking for — he shares his wealth of knowledge in all the articles Mr. Gamble publishes...
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