Last Update: Feb 18, 2022
In fact, one of the most common techniques used by online casino operators to attract new customers and to reward loyal and already existing players is to offer bonuses. Therefore, cashback bonuses became particularly popular among online casino operators recently.
You get your money back if you lose - what can be smarter than that? Casino cashback bonus is a percentage of a player's net loss during a previous period that an online casino will refund to them. This serves as an amazing way to cheer up players who could have got their bowels in an uproar after losing some cash.
Today's online casinos provide a profusion of various promotions, making it difficult to choose the best from it. You will find welcome deposit offers and no deposit bonuses to entice new players. Cashback bonuses, on the other hand, are the ones that players are fond of, especially highrollers who tend to invest a lot.
If gamblers receive at least a 5-15% reimbursement of their losses, they will likely feel valued and will eagerly stick to the casino. Check out casinos that offer the Best Cashback Bonuses today!
In recent years, punters have been having a hard time looking for cashback casinos with decent rates. And with tons of new online casino sites popping up, looking for a decent casino cashback bonus is becoming as hard as searching for a needle in a haystack. With the way things are going, it seems that finding a cashback casino would be an uphill battle in the future. But our casino experts have unified their collective expertise to bring you this, a complete, comprehensive write-up on where to find the best casino cashback bonuses on the Internet and how to use them.
Out of all the possible casino bonuses around, many seasoned casino frequenters diligently hunt for casino cashbacks on the Internet. Why? Simply because having one of these in hand means that you will be getting back a portion of your money spent at the particular casino. Be it a percentage on your week’s losses or one on top of your most recent deposit, there are a variety of casino cashback promos for you to benefit off. Which ones, you ask? Scroll over to the next section to find out!
There isn’t just one type of cashback bonus available at a gaming platform. They can differ between one another based on :
Let’s see some common cashback offers presented currently on the Internet.
These are the cashback offers that you get either daily, weekly, or monthly. Usually, there aren’t any that are yearly, but who knows? The common percentage set for such offers is between 10% - 20% on average. These can fluctuate depending on how frequently the specific bonus is offered.
A lot of related websites are looking for new ways to keep players coming back to their casino, and that too, often! So, it’s no surprise that the mobile-only cashback offer exists. The idea here is for players to get the mobile version of the casino (typically as an app) and give them a sweet bonus, just to make things worth their while.
This one could be considered the most widespread amongst online gambling houses. Deposit casino cashback offers work this way – you make a minimum deposit and a portion of your deposit amount will be added on as a bonus.
This one is interesting as it comes in 2 types – cashback on losses and cashback on cumulative bets.
Of the two, this is the more the standard option. A casino would typically offer a specific cashback percentage for weekly losses, which would be credited to the player’s account. However, if a player has more wins than losses in a week, they won’t be entitled to this offer at select casinos. The takeaway here is that it’s just better to read the fine print on these things to know what to expect.
The cumulative bet variant is a cashback rate set upon the total bet amount you rake up, either in a week or a month. Wins and losses have no weight here, you will receive the cashback amount at the end of every week if you have opted in. Commonly, there will be a minor restriction for where the cashback can be applied. Casinos, by default, would set these based on the type of games at which the offer can be used.
Generous casinos usually offer a no-wagering cashback option to attract more users. Unlike the others that require a defined rollover to be completed before earnings can be withdrawn, this one does not have such requisite. Essentially, you’d be getting a cash or casino credit bonus, no strings attached. This variant of a cashback casino offer, however, is rare.
There aren’t any gaming sites that offer solely cashback offers at their site. However, since the plains of the Internet are unimaginably vast, there just might be one that focuses more on cashback offers. Our experts didn’t find any such ones on their research rounds, though.
Cashback offers for casino are commonsight at most online bet-gaming sites. You could find them at any type of online gambling platform – real cash or crypto doesn’t matter. Most of them come in the form of a bonus code. For a more specific choice of casinos with active cashback offers, scroll to the end. How Do I Use My Cashback Casino Bonuses?
Like we’d said earlier, these cashback bonuses often come as a bonus code listed somewhere on the gambling website. To use it is simple. Just enter the code when making a deposit, and voila, free money! However, for a handful of these, you will need to manually activate, or opt-in for the offer yourself. Just reach out to a casino support agent and they’re usually set you on the right path to claiming your cashbacks.
Lots of people have tried to use bonus codes from one casino at another and we solemnly have to say – it doesn’t work like that. Each bonus code is site-specific, meaning that it only works on the site you got it on. It always helps to appreciate each casino cashback offer before accepting the one that fits your needs.
Digital-coiners can rest easy knowing that many online gambling houses are riding in hot on the crypto wagon. It’s quite common to see cashback offers targeted at cryptocurrency users and a lot of them are based on what coins you will be using. The favorite is, of course, Bitcoin. But, many are now offering casino cashback rates for Ethereum, Litecoin, and Dogecoin users.
To find the best casino cashback bonus for you, it’s crucial to break down and analyze the following:
Of course, the total bonus percentage takes the cake in terms of importance. Most gambling sites give between, 10% to 20% in cashback to their players. Some may push 30% but that’s about the hard limit. The wagering requirement on your offer is what you should really look at. When a cashback percentage is high, it’s very likely that the wagering requirement could also be. Skim through the terms and conditions of gambling website offers to find these details and try not to go for wagering requirements that exceed 40x.
The cashback variant is also important. Some can only be claimed and used on mobile, others can only be used with specific games, payment methods, or are open to those with a specific level. There are endless combinations with this so be sure to read and understand what terms you’re agreeing to.
Validity of the offer is also essential here. Some offers can be valid for 7 days after it has been claimed, others may be good for a month or so. There isn’t a standard expiry for such offers so make sure to check that out. And lastly, but never least, the casino’s license. You would not want to be the one to open the can of worms by being the person who’d claimed a cashback bonus from an unlicensed casino now, would you?
When we enter a lobby as a new player, we have our individual expectations and believe that luck will be on our side. Unfortunately, it’s not usually so, and sometimes players experience bitter failure and feel desperate. In such cases when losses occur, it’s time to stop if you are not sure or to try depositing again in order to get casinos cashback.
The bonuses like that, indeed can change the flow of the whole game and give the player new options and ways to win. On the other hand, it’s essential to know your weak individual side and let you try or let you say “no” next time. Be attentive to the requirements before trying to get any bonus or promotion. Control your gambling habits and be on the safe side.