Cashback Bonuses
We all want to win at online casinos. However, in the event that you don’t land the win of your dreams, being able to recoup some of your losses and bag some of your money back is the next best thing. Naturally, few casino players grumble about receiving cashback, and many online casinos are more than happy to dish it out – sometimes rather considerably, to their members.
Joining online casinos with cashback seldom has drawbacks, but we’re here to straighten out the topic of choosing to claim cashback at online casinos. Let’s begin by introducing you to some of the top cashback casinos you can find online, before diving into the topic in more detail right here.
Top Cashback Bonuses
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All Cashback Bonuses
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Wagering requirements: 40x
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Minimum Deposit: 50$
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Minimum Deposit: 50€/$
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Minimum Deposit: 50€/$
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Minimum Deposit: 20€/$
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Minimum Deposit: 10€/$
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Free Spins Bonuses
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Casino Cashback Bonuses: Explained
Sadly, not everybody is going to end up a winner. That’s the reality of betting online. However, you don’t have to walk away empty-handed. Many top online casinos offer cashback as a form of bonus. Cashback bonuses are predominantly designed to give you some of your losses back, and this goodwill allows you to mitigate the risk of gambling. It gives you a cushion, if you will, against walking away with nothing.
In most cases, online casinos with cashback will generally offer you a small sum, often displayed as a percentage. This sum will be based on the amount you lose. It will also have minimum and maximum limits. For instance, such an offer may stipulate that you must have lost 100€/$ or more, during the previous week, and you cannot claim any more than 1500€/$ in cashback. This is, of course, just an example.
While the exact amount you’ll receive with online casino cashback bonuses (and the method in which they can be claimed) will vary, the ability to claim cashback at online casinos is not to be sniffed at.
Online Casino Cashback Bonuses: The Benefits
Cashback is clearly both a reward for continuing to play with your online casino and a consolation prize for not landing a win. After all, players who win seldom get invited to claim cashback at online casinos. The perks of cashback should be self-explanatory, but if you’re new to betting online, here are the perks you need to know:
Recoup Some of Your Losses
Not every online casino player has their pockets lined with cash and can afford to sustain losses while playing online. By offering you a small portion of your winnings back, casinos with cashback keep their players happy, and they also know that you’ll likely put that sum back into gameplay. Both the players and casinos win with this arrangement.
Extend Your Gameplay
Receiving cashback to add to your balance increases and extends your gameplay. If you have played extensively lately and don’t necessarily feel like depositing is worth your while, but you still fancy playing, then a well-timed cashback bonus can help you achieve that aim without depositing into your account.
Lower Wagering Requirements Than Other Bonuses
Cashback bonuses often come with substantially lower wagering requirements than most other online casino bonuses. For instance, while an online casino welcome bonus might have a playthrough rate of 30x or 40x, it isn’t uncommon to see cashback bonuses feature low rollover rates of just 10x, 5x, sometimes even less. Indeed, some online casino cashback bonuses are even wager-free.
Are There Any Negatives to Casino Cashback?
Cashback bonuses, like all online casino bonuses, have some drawbacks, too. For instance, they are often scaled based on your loyalty status. Not every player receives the same figure, with VIP players receiving larger cashback percentages than lower-ranking members of the same site. Similarly, cashback bonuses are often time-limited, so if you don’t act quickly, you may miss out on them. Lastly, they may not count on specific games, and as we’ve mentioned, because they often have wagering requirements, you’re encouraged to bung the bonus back into gameplay.
Popular Types of Cashback Bonuses at Online Casinos
Cashback bonuses can vary wildly depending on where you play. For instance, some appear as no deposit bonuses, while others require a deposit (at some stage) to trigger them. Allow us to explain how this works below, as we look at the three main types of casino cashback bonuses.
Cashback as a Loyalty Bonus
Cashback is commonly offered as a loyalty bonus. These recurring deals may be available on a daily, weekly or even monthly basis. They will typically see you receive a progressive amount the higher up the loyalty ladder you’ve climbed. Ordinarily, you will need to have made a deposit (within a recent time frame) and lost at least a minimum specified amount to claim casino cashback.
Cashback as a Deposit Bonus
It isn’t impossible to see cashback offered as deposit bonuses, either. There are two types to consider here. The first is when cashback is offered as a straightforward cash match on your deposit. In reality, these aren’t true cashback bonuses but match deposit bonuses or reload bonuses. The second type is when your cashback is only available on the amount you’ve deposited (and lost). This is a true type of cashback bonus, but as it isn’t open to players who haven’t deposited recently, you can still consider it a form of deposit bonus.
Live Cashback Bonuses
We should touch on live cashback bonuses, too. These can consist of either of the two options listed above. The key thing here is that they only appear at live casino sites, and only losses on live dealer casino games will count. Similarly, you may be limited to wagering any cashback bonus you receive on live casino games.
Four Ways of Claiming Cashback at Online Casinos
Lastly, let’s explain how you can get your hands on cashback at the best online casinos. Generally, there are four ways to claim cashback at casino sites, and we’ve detailed those for you below.
- Make a Deposit: Make a deposit to claim your cashback bonus. Again, these are really reload and deposit-based bonuses, not true cashback offers.
- Do Nothing: Some cashback bonuses are automatically awarded. The amount you’ve lost and are entitled to is calculated by the site and paid out, often weekly. You’ll need to contact customer support if you don’t want to receive these offers.
- Request Cashback: It’s also worth contacting customer support if you haven’t received a cashback bonus you feel that you’re entitled to. Some casinos require you to contact support to activate cashback deals. After doing so, they will likely be triggered automatically from there on out.
- Claim in Your Account: Finally, some casinos keep your cashback in a piggy bank, as it were. You can claim your cashback at intervals or, in some cases, at any time. However, you’ll need to manually do that under your account settings.
FAQ
Yes. Many top online casinos support cashback. You’ll find the best online casinos with cashback right here at Go Spin Casino.
The percentage figure you receive may depend on your loyalty status. The amount of cashback you receive, though, will ultimately depend on what you’ve lost.
They can be, but this isn’t guaranteed. Either way, they usually support lower wagering requirements than conventional casino bonuses.
Not normally. There will usually be some limitations here. However, some sites are considerably more flexible than others. Check the T&Cs for each cashback bonus for more details.
Live cashback is just another form of online casino cashback. However, it is only awarded for losses on live casino games and can often only be used on those titles.
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