Online Casino Cashback Bonuses

Cashback offers are one of the most popular online casino bonuses among seasoned gamblers, and particularly high-rollers. This is because cashback works like insurance, in a way, and it helps those players to place higher bets.

Author: Barb Oguz Author email

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Last Update: 02 Feb 2023, 21:05

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Put it simply, when playing at an online casino, your ultimate goal is to be a winner. But the truth is you also stand a chance to walk away with no profit or lose everything. And experienced punters are well-aware of it.

So, what happens if you run out of cash and you still want to play? Well, that’s where casino cashback comes into play. It brings a proportion of your loses. For instance, let’s say the casino you are playing at provides a 20% weekly cashbacks up to €200, in case you lose at least €100.

In this particular scenario, you know that the casino got your back and you can get back an amount from €20 to €200. That way, you can gamble more confidently.

Besides, unlike other promos like welcome bonus, free spins, or deposit bonus, cashback deals come more frequently. While you can have a welcome bonus only once as new players, you can benefit from cashbacks regularly as a loyal player.

On this page, we listed the best online casinos that offer cashback bonuses. Moreover, we explain every single factor that helps us determine the rank of a cashback. So, you will know how professional gamblers evaluate these promotions and have a mind at peace while claiming each bonus listed here.

To rank brands on our page and keep the list updated, we search everywhere for the best online casinos with attractive cashback bonus deals. While doing so, we focus on reputable gambling sites’ most important features to make sure that you only get the sweetest cashback bonuses.

Feel free to choose from our list of online casinos with the best casino cashback offers. Now, let’s talk about the factors we consider when selecting online casinos with the best cashback bonuses.

How Casinobee.com™ List Cashback Offers?

1

Find Safe and Provably Fair Site with Cashback Offer

First of all, we want our visitors to have the best online casino gaming experience from day one. That's why we test each site to ensure that it's safe, reliable, and provably fair. Once it is clarified, we start checking available cashback.

2

Check the Cashback Bonus Terms and Conditions

We always recommend you to have a detailed look at the fine print before signing up for anything. Even though the promo sounds too lucrative, T&Cs may disappoint you. To avoid such accidents, we read the rules before registering an account at a casino site and evaluate them in our reviews.

3

Register, Play and Claim the Bonus

After we are convinced that the site looks promising, we create an account and start playing. At this stage, a cashback bonus helps us to review the casinos comprehensively as it is mandatory to lose cash before being eligible for the bonus. When we make sure that we've lost enough, we waste no time claiming the prize.

4

Test the Bonus and Rate

After getting the bonus in our balance, we embark on a full-test. At this stage, we meet the wagering requirement by making a few spins in our favourite slots, trying out bingo games, and playing a few hands in live dealer titles. While experiencing the bonus, we note down its main characteristics and conclude our review by rating the offer.

The Pros & Cons of Cashback Offers

Just like other bonuses like free spins and welcome bonus, cashbacks have their pros and cons. However, you should know that these may vary on the casino you pick. In other words, while some casinos have customer-friendly cashback offers, others may have some exhausting rules. That is why you must check our reviews about a particular casino bonus to have in-depth information about its bonus policy.Nonetheless, we prepared a summary of the pros and cons of claiming a casino cashback deal. By bearing them in mind, you can have a better expectation from cashbacks.

Pros

Easy to claim Comes with low wagering requirements Saves players from huge losses You can use cashbacks on most casino titles Mostly you can claim them on a regular basis

Cons

Mostly comes with a small percentage

Cashback vs Reload Bonus

As being one of the most frequent offers, cashback is mostly compared to reload offers by many punters. Even though they actually have nothing in common but being offered regularly, players can easily benefit from them as both of them provide a good boost in bankrolls.The main difference is that while cashbacks are for those who lose cash at a casino, reload bonuses are for those gamblers wanting to have a good boost upon their deposit. However, that is not the only point they have a contrast.Here, we listed the critical differences and the key features of both types of casino bonuses. So, make sure to have a look before you opt for any of them.

Cashback Bonus

not-checked.svgYou have to lose some money to receive a refund

checked.svg You don't always need to deposit to get a cashback bonus

checked.svg Cashbacks are often awarded periodically

checked.svg Casinos may offer higher cashback amount for their VIP players

Reload Bonus

checked.svg You don't need to lose money to get a reload bonus

not-checked.svgA reload bonus requires a deposit

checked.svg Reload bonuses are not higher than 20% of your deposits

not-checked.svgMostly available only for slot games

How to Claim a Cashback Bonus

The only way to earn cashback is to keep playing casino games for real cash and lose. The best cashback casinos release the amount without requiring you to take any action. In this case, the site automatically deposits the bonus into your casino account.Other casinos, however, require you to claim the bonus manually. To do so, you can get in touch with the operator through the live chat, or claim the bonus through the mail you received.Either way, you can follow these generic steps to get your cashback bonuses:

Estimated Time Needed: 00:05

Tools Needed: Account

Supplies Needed: Money, Time

How to step

Step 1

Find the Perfect Cashback Bonus For You

Check the cashback offers listed by Casino Bee and pick the best one for you.

How to step

Step 2

Register and Make a Desposit

Create an account at that casino and make a deposit. Also make sure to check if you can get a welcome bonus.

How to step

Step 3

Play Casino Games for Real Money

Read the T&C and find out which games contribute to that cashback bonus.

How to step

Step 4

Claim Your Cashback

Once you've lost enough to claim a cashback, follow the steps specified by the casino to claim your promotion.

How a Cashback Bonus Works

Let’s say you’ve been playing online slots or live casino titles and ended up depleting your bankroll. Or, you’ve lost lots of bets while playing your favourite table games. You might think that all is lost and focus on making another deposit. The good news is that you don’t always have to make a deposit if you join online casinos with a cashback bonus.

Simply put, casino cashback offers are the type of refund awarded to punters when they make losses. Usually, operators offer a cashback bonus as a percentage of the amount lost to the casino site. Afterwards, players get a small amount of their money back to resume playing.

Benefits of Cashback Bonus Offers

Casinos and players benefit from cashback offers in different ways. While most casinos offer welcome bonuses upon making a first deposit to attract new players, quality casino sites provide cashback bonuses to satisfy their existing customers.

With that being said, a casino with a generous cashback bonus will have more players coming back to deposit cash and play. This means that the casino can expect some profit from players who keep playing.

The obvious benefit of claiming a cashback bonus casino offer is that you get some cash back after losing. There’s no need to spend more cash to continue playing if there’s a cashback bonus. And the T&Cs attached to that bonus offer are often lenient compared to other bonus requirements.

A casino cashback is particularly attractive to punters who gamble with huge sums. If they tend to spend a lot of cash on casino games, they can spend a lot more knowing that they’ll get bonus funds if they lose.

Huge spenders have confidence in this type of bonus because its size is always bigger than what budget players get. For instance, if there is a 10% cashback promo and a punter loses €2,000, he can get €200 of it back. The only downside here would be meeting the wagering requirement, which is always easier for those called whales.

Casino Cashback Offers for VIP Members

As mentioned earlier, cashback casino bonuses come with T&Cs. On some occasions, VIP Casinos may offer cashback deals to VIP members instead of every player. Moreover, they can offer a bigger amount of a cashback bonus.

Online casinos that award cashback bonus to VIP members do so because they are most likely to fund their casino account. And when they do, they mostly deposit a higher amount than regular punters. For this reason, cashback bonuses for VIPs are greater than those awarded to regular players.

Another perk of cashbacks for VIPs is they usually do not require punters to get in touch with live chat or do anything specific for claiming the prize.

Factors to Consider When Claiming a Cashback Bonus

A cashback bonus is one of the best bonuses to claim because the terms and conditions are mostly player-friendly. While the majority of casinos come with easy conditions for you to earn cashback, some operators still have strict requirements.

Since each casino site has its own T&Cs, you should always check the fine print to understand the applicable terms. Keep the following factors in mind:

  • Find out if the cashback bonus comes with wagering requirements;
  • Check the time limit or expiry date;
  • Learn if you are supposed to lose a certain amount of money to get a cashback bonus;
  • Find which games are available for playing with the bonus funds.

Once you clarify these points, you can have a clear expectation from that particular offer.

Conclusion

A casino cashback bonus can make a huge difference in your experience. It gives you a chance to get a refund once you lose. You can use the bonus funds to redeem your money and play slots, table games and poker without having to deposit again.

To have the best experience with cashback bonus offers, you can join one of the popular casinos suggested here. We have reviewed each casino site and checked for the best cashback deals that every gambler needs to know about.

If you follow the steps provided by Casino Bee on this page, it is inevitable to have a fruitful experience. However, no matter what, don’t forget to gamble responsibly.

Barb Oguz

Barb has been in the iGaming industry for many years. From producing content to managing multiple projects, he has been contributed to many brands and websites across the industry. He has degrees on both translation and business. Today, he operates content writing and translation units at Casino Bee. Apart from that, he runs the operations of our parent company, Leetz Media.

References

  1. Gambling Regulations
  2. Effectiveness of Casino Promotions
  3. Motivations to Transition to Online Gambling

FAQ

What is a Casino Cashback Offer?

A cashback bonus is a type of bonus awarded to players as a refund when they lose money to the casino. Usually, it ranges between 10 and 20% of the player's losses. However, some casinos may opt for having higher cashback offers for VIP players.

Are Cashback Offers Available Instantly?

Yes, cashback is usually credited directly to your casino account. You can play with the money instantly because there are no processing delays.

How Much Do I Need to Lose to Get a Cashback Bonus?

It totally depends on the casino's cashback T&Cs. If you find a good casino, you might qualify for a cashback bonus even if your loss is small.

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