Quite simply, a cashback casino site regularly returns a certain percentage of the net losses to the players.
This article would like to give you an idea of the various cashback bonuses available and guide you to the best casinos that offer cashback. To give you an idea of what we can help you with:
- Find the best casino cashback bonuses
- Understand how casino cashback offers work
- Pros and cons of cashback casinos
- How much cashback can you receive
- Explain wagering requirements and other bonus terms that may occur
Updated Cashback Casino Bonus List For Canada
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How Does a Cashback Bonus Work?
A casino cashback bonus is a bonus where you get back a percentage of your losses. But how exactly does it work?
First of all, cashback casino bonuses are generally given out in the form of real money without wagering requirements. The amount of this bonus is calculated over a certain period and gives you back a percentage of your net losses.
The amount deposited and what you still have in your account after that period will be looked at. You will receive a certain percentage back into your account balance on the difference between these two amounts.
The online casino gives a cashback bonus based on what you have lost over a certain period: per month, per week or sometimes even daily.
For example, if you’ve lost €100 from Monday to Sunday and the cashback offer is 10% on your losses, you will get €10 back. This amount will be credited to your casino player account in real money. No action is needed from your end. You can claim the funds and request a payout immediately if you wish.
Like any other cash back, but for online casinos specifically.
Get Real Money Back on Your Losses
With a cashback casino bonus, you will, in most cases, receive real cashback in the event of a loss. There are generally no wagering requirements attached to the funds with cashback bonuses. You do not have to wager your bonus money an x number of times before you payout. And if you win, you don’t owe the casino any money.
And if you win, you don’t owe the casino any money.
All the money won is yours! If you continue playing with the cash you get back, you can bet on all casino games. In other words, what you want to do with that money is entirely up to you.
While annoying bonus conditions typically apply to various bonuses such as free spins or a deposit bonus, this is not the case with cashback casinos. So it is 100% your money, and you can choose what you want to do with it. Whether you want it paid out as cash or used to continue playing.
Three Casino Cashback Bonuses – Examples:
What Kind of Casino Offers Cashback?
There are different types of casinos, but we can divide most casinos into two categories, namely, casinos with account and casinos without registration.
The cashback casinos usually tend to be account free and regulated by the Malta Gaming Authority, which is one of the many benefits that come with a Pay n play casino!
The casino cashback bonus is a kind of replacement for the welcome bonus or any sort of deposit bonuses.
To make it attractive for new players to play at a new casino, the casino wants to attract new players’ attention by offering attractive cashback offers. It is also a way to build a loyal customer base and have players strive for VIP status and more cashback.
What are the Benefits of a Casino Cashback Bonus?
There are several advantages to a casino cashback bonus. First of all, you are guaranteed a certain amount of money back from your losses when gambling. This usually means a better overall return for loyal players, and there are no wagering requirements on top of that.
A cashback bonus is often more profitable than a deposit welcome bonus.
Did you know: that a deposit bonus is calculated on a one-off deposit, while a cashback bonus is calculated on all the entire loss (which is often more than the first deposit).
Cashback Pros and Cons
- No wagering requirements, always real money
- Not only for new players
- The casino bonus can be used on all casino games
- A guaranteed percentage back on losses
- Can be a high minimum deposit to get the bonus at some online casino sites
- You get the bonus even if you don't want to play more casino
- This type of bonus can motivate you to do more gambling
How Much in Cashback Casino Bonuses Can I Receive?
The percentage amount you receive differs per casino. This will always be stated in the bonus terms of the welcome package and can be seen at the Canadian cashback casinos when you’re about to make a deposit.
So let us have a look at the various alternatives in terms of cashback casino bonuses percentage:
5% Cashback Casino
Some casinos give cashback casino bonuses of 5%, although we have seen only a few bonuses of 5%. This probably has to do with the fact that 5% is not very attractive to new players. This is a casino bonus that is not highly attractive to us unless it’s combined with a significant number of free spins or a deposit bonus.
10% Cashback Casino
Most cashback bonuses from online casinos are 10%, as you can see in our overview of online cashback casinos. There are plenty of great 10% cashback promotions to take advantage of, and many of the best online casinos cater to it.
Some of the best cashback casinos that offer 10% are Refuel casino, Amok Casino, Winny casino and Hejgo casino.
20% Cashback Casino
In highly exceptional cases, online casinos will offer a 20% cashback bonus. This will however not be for new players but as a VIP bonus. You see, casinos offer loyal players more extraordinary bonuses based on how much money they wager or deposit to the online casino.
This is a good cashback deal, to say the least. But, remember that even these cashback deals will most likely have a maximum amount of real cash that gets back paid back to the player.
Our Top 3 Best Cashback Bonuses
We have put together the top three of the best cashback casinos for you. Of course, these top three are based on their cashback bonuses, but that’s not all.
Besides the best casino cashback, we have also researched the payment methods, customer service, security, and the online casino’s VIP program. Choosing one of the mentioned online casinos will give you the casino bonus you desire and a great overall experience.
Refuel Casino Cashback
Refuel Casino is currently the best cashback casino in Canada. You will be paid 10% of your losses every Thursday – 0% bullshit.
Incidentally, no maximum or minimum deposit casino amount applies to this bonus! You also get the online casino cashback bonus not only when playing slots, several table games and live casino games also apply. Please read the bonus conditions carefully; it is all explained in detail.
Not only the cashback bonus but also the many payment options, the friendly customer service and the level of security at this casino have made us choose to make Refuel our # 1. Note that there will never be any wagering requirement on their weekly cashback.
Goslot Casino Cashback
Not only is the cashback bonus attractive, but Goslot Casino is an entertaining new casino with plenty of payment methods and various casino games.
At Goslot online casino, you get an 11% online cashback bonus! This cashback offer is for current and new players and free from wagering requirements.
Winny Casino Cashback
Just like both previously mentioned online casinos, Winny Casino also has a great cashback offer for you, with no wagering requirements! A significant advantage is that this bonus is valid for more than 3000 games, with options such as jackpot slots, live casino games and table games.
10% cashback is what’s on the line here, as well as many payment options and a great customer support team. On top of that, depositing players are constantly offered bonus spins and weekly cashback offers. One of the coolest Canadian online casinos we know.
How to Claim Online Casino Cashback Bonuses
Choose the Cashback casino of your choice
Deposit above the minimum amount
Your Cashback has been activated
Casino cashback bonuses differ from many other welcome bonus offers as they are automatically claimable when you make your first deposit. Meaning that you do not need to opt-in for them or use any type of bonus code. Just remember that you need to lose money to receive a percentage back.
Online casinos usually offer a wide range of bonuses and promotions to their new players and loyal customers. To view all available offers, including free spins, casino bonuses and cashback offers, we recommend you go to the online casino’s promotion page of your choice.
Terms and Conditions at Cashback Casinos
Online gambling sites are different, but they have one thing in common: the terms and conditions. Before you use any casino offers from any gambling website, make sure it is not against their policies. This is done by checking out what players expect when using these kinds of promotions and online casino offers.
- Only 18+
- Max bonus amount can be based on the initial deposit
- All the casinos enforce responsible gambling
- Certain online casino games can be restricted depending on the casino
- The deposit match offer shall not be used in conjunction with casino cashback bonuses
Cashback Bonus Expiration Date
There is indeed an expiration date on every cashback offer. Like with free spins or any other bonus, the clock starts ticking after the initial deposit has been made.
So to take advantage of the casino’s cashback bonus, read the offer’s terms and conditions. Few online casinos and gambling operators will not have any expiration date but instead add other tricky terms.
Cashback Bonus and Wagering Requirements
The most significant advantage of a cashback bonus over a regular deposit bonus is that it comes without wagering requirements. Online casinos that offer you a cashback bonus with a wagering requirement tied to it should be avoided simply because there are wagerless options. Pro hack, as you won’t have to beat wagering requirements if there arent any.
A cashback casino bonus shall always come without a wagering requirement, but there might be other bonus terms such as:
- Minimum deposit
- Maximum cap on the total amount
- A certain period to claim the bonus
Found a cashback bonus where wagering requirement applies? Don’t worry, we’ve loisted the best wagering slots to help you beat that wager.
What Games are Available with Casino Cashback?
Cashback casinos give players the possibility of getting cash back from all types of games, including slot games and live casino.
Live casino cashback offers are a very good choice for a player who enjoys table games such as roulette and blackjack because most online casinos do not have dedicated casino welcome bonuses for live games. All real money casino sites on this page offer their players live casino cashback offers as an option.
All Casinos That Offer Cashback Bonus
|Online Casino||Cashback Percentage||Wagering Requirements|
|Winny Casino||10% Cashback||No|
|Nano Casino||10% Cashback||No|
|Refuel Casino||10% Cashback||No|
|Betchan Casino||11% Cashback||No|
|King Billy Casino||15% Cashback||No|
|Crazy Fox Casino||10% Cashback||No|
|TurboVegas Casino||10% Cashback||No|
|Scandibet Casino||10% Cashback||No|
|Samosa Casino||11% Cashback||No|
|Mount Gold Casino||10% Cashback||No|
|Goslot Casino||11% Cashback||No|
|Amok Casino||10% Cashback||No|
|Hejgo Casino||10% Cashback||No|
|Casiqo Casino||10% Cashback||No|
|Casino Universe||10% Cashback||No|
Cashback bonuses are fully legal to be offered in Canada for online casinos that hold casino licenses from MGA, Curacao or Kahnawake.
No bonus code is needed to unlock any of the cashback bonuses that we mention in this article.
No, a cashback bonus is a recurring casino bonus for new players as well as existing ones.
A cashback can be a part of the welcome package and combined with a deposit bonus or free spins. In this scenario, we strongly recommend that you read the bonus terms, however.
Yes, cashback bonuses are only given on the funds that you lose.