Cashback Bonus Online Casinos 2024
In the dynamic world of online casinos, there is one type of bonus that stands out for its fairness: the cashback bonus. It allows you to reclaim a portion of your losses, reducing gambling risk. In this article, you’ll learn everything you need to know about cashback bonuses and how to get the most out of them.
Best Casinos With Cashback Bonus in Canada
| Wagering requirements | None |
| Maximum cashback | 100 USDT |
- The campaign runs every Sunday from 00:00 until 23:59 UTC.
- Cashback is calculated based on the net losses from Live Casino bets on Sunday.
- Cashback amounts will be credited to the player's account within 24 hours of the weekly campaign's end.
- Cashback amounts equal to or greater than 1 USDT are eligible for credit.
| Wagering requirements | 3x |
| Bonus validity | 3 days from receipt |
| 7 days to activate |
- Cashback is based on your spent sum during the past day.
- The loss on the previous day must be at least 0.00029 BTC • 0.04 BCH • 0.01 ETH • 0.22 LTC • 133 DOGE • 20 USDT • 40 XRP • 200 TRX • 40 ADA • 0.04 BNB • 20 BUSD • 20 USDC.
- The cashback amount must not exceed 10% of the total amount of all deposits.
| Wagering requirements | None (zero wagering) |
| Minimum deposit | C$28 / 0.0004 BTC |
| Bonus validity | 14 days from receipt |
- Cashback is calculated on the previous day's net loss (bets minus winnings).
- Cashback is paid in real money without any upper cap, meaning there’s no maximum cashback limit.
- Use the bonus code LIVE when making one of your first three deposits at Winz.io.
| Wagering requirements | 40x deposit + bonus |
| Minimum deposit | None |
| Maximum bet | 180 μBTC |
| Bonus validity | 7 days |
- Different games contribute differently to the wagering requirement.
- You can activate your 10% weekly cashback, when you hit 1500 XP.
- 10% Cashback is paid on Mondays at 13:00 UTC.
- The Cashback is paid back wager-free.
| 1st deposit | 20% cashback + 250 free spins |
| 2nd deposit | 20% cashback + 150 free spins |
| 3rd deposit | 20% cashback |
| 4th deposit | 20% cashback |
| Wagering requirements | No wagering required |
| Minimum deposit | 0.05 mBTC (1st-2nd) |
| 1 mBTC (3rd-4th) | |
| 2 mBTC (free spins) | |
| Maximum bet | $10 |
| Bonus validity | 7 days after activation |
| 24 hours for free spins |
- Cashback is generated 24 hours after your first bet and credited to your main wallet after 1 hour.
| Minimum deposit | 50 USDT |
| Wagering requirements | None |
| Bonus validity | 7 days |
- Opt into the promo page and deposit to lock your cashback tier.
- The maximum win amount is equal to the cashback bonus amount.
- Get your cashback on day 8 on all your net losses. The cashback amount will be based on your tier.
- Rewards will be paid out in USDT for crypto customers.
Criteria for Choosing a Cashback Bonus Casino
Before we take a closer look at the criteria for choosing a casino with a cashback bonus, let's briefly clarify what a cashback bonus is. A cashback bonus is a type of casino bonus where you get a certain percentage of your losses back. This can be a great way to reduce the risk of gambling while increasing the chances of winning.
Bonus Conditions
Bonus terms and conditions are a crucial factor when choosing a Canadian casino with a cashback bonus. They determine under what conditions you'll receive the bonus and how to use it. Here are some important aspects you should consider:
Wagering Requirements
The wagering requirements specify how many times you have to wager the bonus before you can withdraw any winnings. With cashback bonuses, these conditions are often lower than with other types of bonuses.
Minimum Deposit
The minimum deposit is the minimum amount you need to deposit in order to activate the cashback bonus. Make sure this amount is within your budget.
Maximum Bet
The maximum bet indicates how much you can bet per game round while playing with the bonus. If you exceed this amount, your bonus and any winnings generated from it may be cancelled.
Bonus Validity Period
The bonus validity period refers to the duration for which the bonus remains valid. Within this time, you have to meet the wagering requirements. Make sure you have enough time and can wager the bonus without any rush or pressure.
Game Restrictions
Not all games contribute equally to wagering requirements. In the bonus terms and conditions, you'll find a list of games that are eligible for the bonus.
What Is a Cashback Bonus?
A cashback bonus is a type of casino bonus where you get a certain percentage of your losses back. This can be a great way to reduce the risk of gambling while increasing the chances of winning.
How Do Cashback Bonuses Work in Casinos?
Cashback bonuses are quite simple: You play at a Canadian casino, and if you lose, you get a certain percentage of your losses back. This percentage varies depending on the casino and bonus offer but is usually between 10% and 20%. The cashback is typically paid out after a set period of time, for example after one day, one week or one month.
How Is a Cashback Bonus Different From Other Types of Bonuses?
Unlike other bonus types, such as a welcome bonus or free spins bonus, a cashback bonus is not tied to a deposit. You'll receive the bonus regardless of whether you win or lose. This makes the cashback bonus particularly attractive, especially for Canadian players who play regularly and with higher stakes.
Types of Cashback Bonuses
Not all cashback bonuses are the same. There are various types available, each with its own conditions and benefits. Here we introduce you to some of the most common types of cashback bonuses.
Cashback Offer for New Customers
Some online casinos in Canada offer cashback bonuses as part of their welcome package. This means that as a new player, you'll receive a percentage of your losses back for a certain period of time after signing up.
Cashback Promotions for Existing Customers and VIP Players
There are often special cashback promotions for loyal Canadian players and members of the VIP program. These can offer higher percentages or additional benefits, such as cashback on all games and not just certain ones.
Instant Cashback
When you opt for instant cashback, you'll receive your cashback immediately after losing. This means that you won't have to wait for the cashback to be calculated and paid out.
Cashback for Live Casino
Some Canadian casinos offer special cashback bonuses for the live casino. These bonuses are only valid for games in the live casino section and offer an excellent opportunity to experience live casino gaming while keeping the risks minimal.
Cashback With Free Spins
Sometimes, a cashback bonus can also be combined with free spins. This means that in addition to a percentage of your losses, you'll also receive a certain number of free spins.
Expert tip on cashback bonuses in online casinos
Cashback bonuses offer a great way to reduce the risk of gambling while extending playing time.
Cashback Bonus: Advantages and Disadvantages
Before you decide on a cashback bonus, you should understand the advantages and disadvantages. Here we've summarized some of the most important points for you.
- Risk reduction: You get back a portion of your losses, which reduces the risk of gambling.
- More playing time: With a cashback bonus, you can play longer without depositing additional money.
- No wagering requirements: Many cashback bonuses have no or very low wagering requirements.
- Available for all games: Unlike other bonuses that are often only valid for certain games, the cashback bonus is usually available for all games.
- Reward for loyalty: Many casinos in Canada offer better cashback bonuses for loyal players and VIP members.
- No limit on winnings: Unlike other bonuses, there is no limit on winnings with the cashback bonus.
- Often only for losses: You usually only receive cashback on your losses, not on your bets.
- Limited cashback: Cashback is often limited to a certain amount.
- Not always available: Not all casinos offer cashback bonuses.
- Time limit: The cashback bonus is often only valid for a certain period of time.
- Not available straight away: In some cases, the cashback bonus must first be wagered before it can be paid out.
- May be subject to conditions: Sometimes the cashback bonus is subject to certain conditions, such as a minimum deposit or playing certain games.
Conclusion: Cashback Bonus in Online Casinos – More Fun
Canadian online casinos offer cashback bonuses to help you gamble longer with less risk. You get back a part of your losses and continue playing without having to deposit extra money. In addition, many casinos offer attractive cashback promotions for loyal Canadian players and VIP members. So it's worth comparing the different offers and finding the right casino with a cashback bonus for you.
FAQ: Frequently Asked Questions and Answers About Cashback
Yes, in most cases there is a cap on the cashback bonus. This varies depending on the casino and bonus offer. You can find the exact details in the bonus conditions of the respective casino.
A cashback bonus can usually be used at any time as long as it is valid. The exact conditions, such as the validity period and the games eligible for the bonus, can be found in the bonus conditions of the respective casino.
Yes, in many cases you can also use the cashback bonus for games other than slots. However, not all games may contribute equally to the wagering requirements. You can find the exact details in the bonus conditions of the respective casino.
The cashback is usually credited automatically. After making a loss, a certain percentage of it will be credited to your player account as cashback. However, in some cases, you have to request the cashback first or enter a specific bonus code.
A cashback bonus is ideal for regular and high-stakes Canadian players. It allows you to recover a portion of your losses and play longer without having to deposit more money.
This depends on the respective casino. Some Canadian casinos allow you to combine a cashback bonus with other bonuses, while others don't. You should always read the bonus terms and conditions of the respective casino to make sure you understand the rules.
In many cases, you'll have to wager the cashback bonus before you can withdraw it. The exact wagering requirements vary depending on the casino and bonus offer. However, some cashback bonuses have no wagering requirements and can be paid out straight away.
Yes, at some Canadian online casinos, special cashback bonuses can be found in the live casino area. These bonuses are exclusively for live casino games and can be a great way to try out the live casino with minimal risk.
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