Cashback Casino Bonus & Casino Cashback Offers
Cashback casino bonuses seem to be on the rise in terms of popularity. More and more newly established online casinos in 2022 have opted for a weekly cashback offering instead of a welcome bonus. Typically more profitable for high rollers, low rollers and recreational gamblers can still make a pretty penny in bonus money.
We all love the rush of waiting for our lucky number to roll in, or those winning symbols to appear on the reels, and exclusive Cashback casino bonuses and all the info you need to get started with them. Please refer to the terms & conditions of each bonus before joining an online casino.
Best Casino Cashback Bonuses 2022
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The Reason Behind Cashback Casino Bonuses
A cashback bonus is a great way for players to get a little bit back. If they place a bet and don't manage to get lucky on it, then the casino compensates the player with cashback, somewhat softening the blow as well as giving players a nice treat to continue to play.
They're also available at a wide range of casino sites and are often given out as part of promotions - so keep an eye out and you'll be likely to find a daily cashback offer to suit you.
A cashback bonus is a way of how players can recover a small percentage of their losses as a sign of goodwill from the casino. The percentage usually ranges from 10-20% and varies from one casino to another, and usually, they have a maximum amount that you can claim back.
Such bonuses are offered either in addition to other bonuses such as welcome bonuses or as a standalone bonus during a particular promotion. Many casinos offer cashback bonuses in their live casino and sport betting sections.
A Worldwide Bonus Offer
It's not only casinos that offer cashback bonuses. Think loyalty cards, VIP program, air miles, reward schemes, you name it - many of them have a similar offer.
The simplicity of a casino's cashback bonus is what makes it so attractive. The person spends an amount and will find a percentage of their money returned if they don’t get the result they were hoping for.
This real cash bonus can either be calculated on the net losses that take place during a predefined period of time or on the losses made on specific deposits. Usually, the cashback bonuses are calculated over a weekly period.
Pros & Cons of Cashback Bonuses
Whether or not you claim any type of bonus is entirely up to you. Every player will have an option to opt-in or out of a bonus, should they feel like it wouldn’t suit their style of playing.
Another reason to accept a cashback bonus is so that it softens the blow of losing out on a couple of unfortunate bets. Although cashback bonuses can be obtained through slot games, jackpot slots, they can also be acquired through live dealer games such as poker, online roulette and the popular online blackjack.
If you lost during a particularly unlucky hand, having a cashback bonus as backup means you can try again next week to beat the odds. We've gotten together a few of the pros of cashback bonuses, as we think they're pretty great and we'd like you to know why. Let's see some other pros & cons of this bonus.
- Better returns
- Rewards loyal players
- No wagering requirements
- Simple to benefit from
- Have maximum caps
- Not available in all casinos
How Cashback Bonuses Work
Cashback bonuses work where a player plays at a casino - mostly on the online slots available on the website. Usually, these bonuses will have a percentage match or a total amount match for every amount that a player bets with.
Cashback bonuses offer a percentage of a lost bet back, usually capped up to a maximum amount. For example, if there is a cashback bonus offering 20% cashback up to €100, then €100 is the maximum they can receive back from the casino no matter what they bet.
When limited to a certain amount these cashback bonuses aren't related to a percentage - for instance, if a player can only receive back up to €200, that's the maximum they can possibly receive no matter how much they play. It's best to be aware of these limits before taking advantage of a cashback bonus, and you can do this by reading the terms and conditions before betting.
The main difference between cashback bonuses and other types of casino bonuses is the requirements tend to be vastly different. Whereas other bonuses reward you for starting to play, cashback bonuses reward you for being a loyal customer and soften the blow if you don't have a great run.
They also often don't carry any wagering requirements, as you have already played your money.
Cashback Bonus Wagering Requirements
No, in most instances there are no wagering requirements to fulfil when accepting a cashback bonus, as these are a bonus being given back to the player after they have already placed bets with the casino. It would be unfair to put wagering requirements on any bonus funds the casino grants the player in return for their losses.
However, these bonuses do generally have a maximum cap, which is the most you will be possible given back as part of the promotion.
To make sure that the casino is a legitimate one with great and trustworthy offers, always check if the casino you wish to play at is in possession of a valid licence by either the Maltese MGA or the popular UKGC, well-known Kahnawake Gambling Commission and so on.
Cashback Bonus Expiration Date
Your cashback offer won't last forever. Every bonus has an expiration date, including the cashback offers. Make sure to read the T&C before redeeming this promo, to be sure you won't miss the opportunity to get your cashback. Very often these promos don't last more than 60 days.
How to Claim a Cashback Bonus
The cashback casino bonus is one of the easiest casino bonuses to claim, you can do so simply by playing with real money. However, it doesn't matter who is handling the promotion as you can get your cash returned to you no matter which payment method you choose to use, as it is returned to your casino wallet automatically.
For instance, if you are playing at a Neteller casino it would work just the same as if you were using Mastercard, playing at a Skrill casino, or just using bank transfer in a casino that had a similar promotion. If you choose to further withdraw that money you will then have any applicable withdrawal fees or wait times, however, simply having it added to your casino account with the casino has no delay.
Here are the steps to follow to claim a cashback bonus:
- Click on the promo's button to redeem it;
- Read the cashback bonus terms and conditions;
- Make sure you play the online casino games valid for this promo;
- The cashback bonus will be credited automatically when you meet the requirements.
Best Casinos With Daily Cashback in 2022
We went through our extensive list of online casinos to come up with a list of the top 5 casinos offering daily cashback. These offers may not be active right now but are being offered many times during the year. You can also check their win rate to make sure your chances to win are the highest.
Casino Cashback Bonus Compared
Most modern online casinos offer both a multi-tiered welcome bonus with a smaller cashback amount of money on the side. A welcome bonus usually gives players something for the first deposit, for making an account with the site itself, or the operator gives free spins to get new players interested in a particular game.
It's also a one-time deal and will only be available when a player registers, minimum deposits, and meets the criteria for the bonus. The cashback deals differ from these in how they are formed and how they give players a benefit.
Event or Game Oriented Bonus
Cashback offers tend to be offered periodically and might be related to a particular event or game. However, they're not restricted to new worldwide casino players and any player who meets the criteria can benefit from these bonuses. Usually, it just requires playing or betting while also being opted into a promotion.
They will receive back a percentage of any lost bets, usually capped to a certain amount.
Keep in mind that deposit bonuses come with their respective wagering requirements that you will need to meet before you can cash out any winnings. This is opposed to the zero wagering requirements of the cashback offer. With a cashback offer of 20%, for example, you will be accredited $/€/£20 back into your account if you lose $/€/£100. The most common games offering this promo are:
- Online slots;
- Sport events;
- Live casino tables.
Are Cashback Bonuses Legal?
Yes, cashback bonuses are legal! They do not require extra deposits or for players to risk any more than they already planned to play with. However, as always, the legality of a bonus depends on the laws in your local jurisdiction and whether or not bonuses are allowed at all.
For example, in some locations players aren't able to play and receive a bonus at all as part of any promotion. Always be up to date on your local laws before committing to a promotion, and always read the terms and conditions of a site in case your country or region is not allowed to play there.
Bonuses should always be offered by a legal and licensed casino. If you're ever unsure, look out for an authentication seal from the MGA, the UKGC, or another reputable licensing body. If you're unsure as to whether it is licensed or not, it's best to steer clear. However, we always suggest 100% legitimate casinos on our site which are fully licensed and well-rated.
Remember to play safe before redeeming any cashback offer. If you are worried about your online gambling behaviour, please consult our comprehensive responsible gambling guide or the BeGambleAware page.
Cashback Bonuses FAQs
Cashback bonuses are pretty popular and for good reason - they're a great way for players to play at a casino with a comfortable cushion in case they have any losses. However, if you have a few more questions about them, you can check out our most frequently asked questions below.
How do I claim a cashback bonus?
Many casinos will offer you a cashback bonus if you have opted in to the promotion. This often means using a bonus code, or clicking a link that says you give permission for them to count you in. To actually get your cash back, simply follow the instructions in the promotion and you will receive the cash in your casino wallet when you meet the criteria.
What is the difference between a welcome bonus and cashback bonus?
Welcome bonuses are designed to encourage users to play by signing up to a site. They can be great, but don't reward existing players. Cashback bonuses are open to players that have already been registered with the casino, and so can be a reward for your loyalty to the site and a reason to stick around with them for longer!
Are cashback bonuses instant?
More often than not - yes! As cashback bonuses can be credited directly to your casino wallet, there is no need to wait for bank transfer time or currency exchange, or any other processing delays. You can play with that money right away. You may have a wait when withdrawing, due to your payment method, but you can double check this by reading the terms and conditions of the promotion before you play.
What is casino cashback?
It's a percentage of your deposit the casino will give you back in bonus money.
Do casinos do cash back?
Yes. However, cashback bonuses are not very common, and few casinos offer them.
What is the average cash back percentage?
The average casino cashback percentage is around 10% to 30%.
What is the difference between casino cashback and casino earnings?
The casino cashback is a percentage of your losses or deposit you receive in the form of bonus money. Casino earnings refer to the winnings you generate playing.