Casino Cashback bonus is a player’s best friend: get up to 20% rebate on your losses with this fan favourite bonus. Read our full guide to learn more about the best casino cashback offers.
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Casino Cashback Bonus Overview
We all love a good win at the casino, but we also know our winning streaks can be tainted by a few losses here and there. What we can do to minimise these blows is to make use of the cashback casino bonuses that may be offered by the online casino.
Read on to discover what a cashback bonus casino is, whether any restrictions may apply, all the pros and cons, and most importantly, how to redeem one.
An online casino may offer daily, weekly, monthly, or even seasonal casino cashback bonuses. These can usually be added to any other bonus the player might also have available such as free spins or no deposit – which can boost your chances of success even more!
We have explained in theory how a cashback casino bonus works but have not seen it in action yet. Let’s see a concrete example:
Example: the online casino you are playing at is offering a 10% daily casino cashback on any losses incurred. You bet and lose €100. The casino will therefore give you back €10. Now, the way the bonus is accredited is dependent on the casino, which brings us to our next topic.
Terms and Conditions
Casino Cashback bonuses can be a very profitable way of playing at online casinos, awarding players with further chances of betting in case they were to lose a round or two.
What is most important to note is, as mentioned, that each online casino reports different terms and conditions for their casino cashback offers. Though similar in nature, casino cashback bonuses come in different shapes and forms, so you would be wise to thoroughly check through any limitations there may be before betting.
In principle, the above are the main T&Cs you could encounter when playing at an online casino with cashback bonuses.
We do, however, encourage you to read carefully through the fine print in order to gauge a proper idea of what rules you must follow in order to successfully win back your lost money.
Wagering Requirements
We briefly touched upon wagering requirements that may be listed for certain casino cashback bonuses. We can further explore these and round up the sums by dividing them into two categories.
Whichever wagering requirement the online casino asks for, ensure you remain mindful of it and comply with it fully. Should you not follow the online casino’s guidelines, you very well might be refused the casino cashback until you fulfil them.
All information pertaining to requirements can be found in the online casino’s terms and conditions (or T&Cs for short). We know you would rather not fine-comb your way through them, but trust us, you do not want to find unsavoury surprises along the way. At this point, you have learnt all you need to make a bet and leverage a cashback bonus – but how exactly do you go about claiming it?
Lucky for you, we’ve got you covered. Below you will find a step-by-step guide on how to do just that.
These are the most common. Lucky for you! The name is a dead giveaway, but just to be sure, we will remind you that this means you do not have to follow any specific requirements for the wagering you must make.
Casino cashback bonuses might rarely require you to make a minimum number of wagers in order to be allowed to secure that cashback bonus.
How to Claim a Cashback Bonus
Okay, we are now at the crucial part of our casino cashback bonus review: how to actually claim it. After having gone through the process of reading the T&Cs, signing up to the casino, and making sure to comply with all rules, you have tried your luck and have lost your initial bet.
The online casino you are playing at may either use an automated method or a manual one to follow up on any online casino bonus cashback. Chase the casino only after the processing time is overdue; your insistence will not quicken the process – if anything, it might earn a strike to your account.
The procedure of gaining a cashback bonus at an online casino is pretty straightforward; however, remember to only gamble at legitimate and trusted ones. If you are having a hard time finding a good casino to try out a cashback bonus at, take a look at our toplist where you will find the best casinos for cashback bonuses.
In the case of an automated method:
On the other hand, if the online casino uses a manual method, follow the same instructions as above, up to the point of claiming your cashback.
At this point, you will have to:
Different online casinos will have different contact channels and processing times.
Pros & Cons
A cashback is a handy bonus to make use of for both neophytes and more advanced players. For those starting out, it represents a nifty way to ease into the gambling pool, whilst veterans will already know how helpful these offers can be when Lady Luck is not really looking your way.
Let’s see what the overall advantages and disadvantages are of casino cashback bonuses:
Pros
Cons
Both pros and cons can work in your favour if you know exactly how they work and what your play strategy will be.
A deep dive into each will help you fully understand how you can leverage each aspect of a cashback casino bonus.
Casino Bonuses Comparison Table
We have explored at length what a casino cashback bonus is, how it works, and what the advantages and disadvantages are. But how does it stack up against other bonuses?
Here is a comprehensive table of all casino bonuses for you:
Cashback Bonus | No Deposit Bonus | Free Spins | |
---|---|---|---|
Available to | New & experienced players | Usually on signup | New & experienced players |
Wagering limits | Usually not | Yes | Usually not |
Risk | Very low | Very low | None |
Stacked on other bonuses | Yes | Usually not | Yes |
Cash cap | Usually not | Usually not | Yes |
So, which bonus is the best for you? Still not sure? We suggest you read through our Frequently Asked Questions, where any further doubts you may have will certainly be covered.
FAQ
Frequently asked questions about a cashback bonus casino.
A Casino cashback bonus is essentially a rebate on the losses the player might have suffered, usually set at a certain percentage of the net losses.
Firstly, one must check what online casinos offer such bonus. We recommend you check out our toplist at the beginning of the page where you can find the best casino cashback offers.
Secondly, you must sign up to the selected casino.
Cashbacks are popular bonuses offered to first-time users, but are often given out to veteran players as well.
Thirdly, check the terms and conditions of the casino cashback bonus the online casino is offering. Be certain to understand all requirements, as these vary from provider to provider.
If you follow all T&Cs, you will be able to redeem your cashback casino bonus in case you were to lose a round.
There might be certain limitations on a casino cashback bonus depending on the casino.
You might have to wager a certain number of times before being able to claim it, or you may have a maximum amount of credit given back to you no matter the win.
Providers promote these bonuses at their discretion, which is why we highly encourage you to read through their cashback bonus terms and conditions (T&Cs).
A casino cashback bonus gives you back exactly what you wagered.
If you deposited in fiat currency, then you are awarded back fiat currency; if you bet crypto, you are given back crypto; and if you purchased casino credit in your account’s name, then you will be given back a portion of your losses as such.
A wagering requirement, also known as “playthrough”, is the amount of money you have to wager before you can withdraw any winnings that you might have made during the use of the casino cashback bonus.
Let’s say you get a €10 bonus with a wagering requirement being x5.
Multiply €10 x 5 and the total will be the amount you need to wager before you can withdraw anything you won with that €10 bonus.
This depends on the operator. If the casino cashback bonus encompasses the game you played, then in theory you can. However, to be on the safe side we suggest you read through the terms and conditions as they usually list all games that fall under the casino’s cashback bonus.
No, you cannot. Though it is free real money given to you by the operator, you are only allowed to spend it at the casino itself.