Best Cashback Bonus Casinos

The cashback bonus is one of the most in-demand online casino bonuses that the casino can offer. This bonus provides a layer of protection and allows you to recoup some of your losses back. Casino.com is going to run through all you need to know about cashback bonuses so you feel comfortable when claiming this type of bonus. This guide will dive into the details of the bonus, and you will also find the best online casino site for claiming cashback bonuses.

The cashback bonus is not a promotion that all online casinos run. We have done the hard work for you and found the best online casino sites that offer a cashback deal. These casinos offer a superb gaming experience with a large library of games, excellent usability, mobile-friendly play, and responsive customer support. 

The cashback bonus is also known as a refund bonus. This bonus gives a percentage of your losses back as a bonus. In most cases, the bonus is provided based on net losses accumulated over a full week. The percentage amounts for the cashback offer can range from 5% to 20%. The cashback is often delivered as a wager-free bonus, but some casinos will apply a low wagering requirement to the cashback bonus. The cashback bonus can also be attached to selected games, such as live dealer games, or it can be open to losses across all games. The bonus offer is usually offered to all players, but there are some casinos that make the bonus available to new players or VIP players.

How cashback bonuses work and how to claim them 

The mechanics behind the cashback bonus are pretty simple. First, you need to opt-in to the cashback offer. If the casino requires no opt-in, you just need to play the games that are eligible for the casino cashback bonus. You will need to wager real money in order for your cashback percentage to be registered. If things don’t go your way, a percentage of your losses will be credited back to your account as a bonus. However, if things do go your way and you win, you will not be eligible for the cashback bonus.

The cashback offers are usually set up as a promotion by the online casino. However, on some occasions, the software provider may offer the casino cashback bonus in a bid to bring more attention to their gaming catalogue.

The cashback bonus is not widely available at online casinos. There are many online casino sites that prefer not to provide the cashback bonus as it bonuses players who are already playing games. However, the casinos that do offer the bonus dress it up in various ways. You should always read through the terms before claiming the cashback back and check the wagering requirements. Here are the different types of casino cashback bonus offers you can claim.

• Welcome Bonus Cashback: Many online casinos will have a cashback deal attached to the welcome bonus. This cashback offer can only be claimed on your first deposit. Once you deposit, the real money funds will be eligible for a cashback bonus should things not go your way. The cashback bonus can come as part of a bonus package, such as a batch of free spins.
• Cashback Promotion: The standalone cashback deal promotion is the most common type of cashback bonus. This offer is usually set over a week, giving you a percentage of your losses back. This cashback offer can also be tied to a selected game or game type.
• VIP Cashback: Another common form of cashback bonus is the VIP cashback offer. This bonus is available to the most loyal players through the VIP program. The cashback amount will vary depending on the loyalty level. Casinos will offer cashback to VIPs to reward loyalty and encourage activity at the same time.
• Cashback and Spins: The cashback bonus can come paired with a batch of free spins. The combination bonus is designed to be more enticing, with the added benefit of free spins on top of the cashback offer.
• Live Dealer Cashback: You can also find cashback deals that are tied only to live dealer games. This means you must play live blackjack, live baccarat, live roulette, or other live dealer titles to be eligible for the cashback deal. The cashback promotion usually runs over a week and can be up to 20% cashback.  

The Difference between the Welcome Bonus and Cashback Bonus  

The welcome bonus is designed to attract new players to make a deposit. This bonus is only available on the first deposit and is often the most generous bonus that the casino offers. The cashback promotions can only be used once you have funds in your real money balance and can only be claimed if you incur losses. The cashback bonus can be claimed at any time throughout the player's lifecycle.  

Difference Between Cashback and Top-Up Bonuses 

The top-up bonus is also known as a reload bonus. This bonus offer gives you a percentage of your deposit back as a bonus, which you can wager right away. With a cashback bonus, you have to play with real money first, and then any losses will translate into the cashback bonus, which will be credited at a later time. 

The cashback bonus is a little different to regular bonus offers. The bonus is only available should you experience real money losses. The bonus is then credited to your account and will come attached to bonus terms and conditions. There are many bonus terms that you should consider before you claim a cashback bonus. Some of the terms and conditions you should look out for include the expiry time, the wagering conditions, and the maximum bonus amount. 

Are there any Wagering Requirements?  

The cashback bonus is to be credited based on real money lost. For this reason, many cashback casino sites will not attach any wagering requirements to the bonus. However, many online casinos will apply a low wagering requirement to the bonus to ensure the bonus funds are played and not withdrawn right away. The cashback bonus is one of the most wager-friendly bonuses in the industry. For example, if you receive a cashback bonus of $100 with a 5x wagering requirement, you will need to wager through a total of £500 before the bonus money can be converted to real withdrawalable cash. It’s also worth keeping in mind that not all games contribute towards the wagering requirement in the same way, so be sure to look at the wagering contributions in the bonus terms.

Benefits of Cashback Bonuses 

The cashback bonus is highly sought-after by dedicated casino enthusiasts. The online casino bonus offers many benefits for those who like to play regularly. Here are some of the advantages of claiming the online casino cashback bonus.  

• Protection against Losses: First and foremost, the cashback bonus provides a handy layer of protection should luck not be on your side, allowing you a chance to win with the cashback bonus.
• Wager-friendly – The bonus will have either no wagering requirements or low wagering requirements, making it one of the most wager-friendly offers available.
• Easy to Use – The cashback offer is very simple; once claimed, all you need to do is play your favourite games and enjoy all the excitement.
• Rewards Loyalty – The cashback bonus is a great way to earn loyalty points, allowing you to progress through the loyalty levels with the cashback cushion.