The online casino industry is a virtual world of never-ending entertainment and rewards. In recent years, cashback has become one of the more popular bonuses. You will note that some instant play casinos only offer cashback bonuses. These rewards are ideal for all players, especially the high rollers. This Cashback Casino guide gives you the inside scoop on what a cashback bonus is, how it works, where to find it, and other need-to-know information.
Casino List Of Cashback Bonuses
Online Casinos with Cashback Bonus
Cashback bonuses are not a new type of bonus. These bonuses have been around for quite some time. The concept was ‘stolen’ from land-based casinos that often treat players with a form of cashback such as free meals, hotel room upgrades, and other benefits.
These benefits inspired the online Cashback Casino program which is meant to treat VIP players with something extra. These big spenders often lose big amounts, and this was a way to give back and keep them coming back.
Today these cashback bonuses are not just tailored for VIP players but all online casino players. No matter how big or small your bets are, you could potentially earn a cashback depending on the cashback terms and conditions.
PlayOJO Casino
PlayOJO treats players to real money back on every bet with the OJOPlus rewards system. All games can have 1 to 3 OJOPlus symbols next to them. The more symbols the game has the better the payout percentage. The money from this scheme goes directly into your player account and can be withdrawn at any time. Simply put, each time you play money is put into your real money account, and there is no limit.
To collect the free money, you can click on the page-turner beneath Ojo’s face and click Collect to add the OJOPlus funds to your real money balance.
Hyper Casino Cashback
At Hyper Casino you will always have the advantage of a 10% cashback. To qualify all you need to do is log in to your account, make a deposit and start playing. Do not forget to go to your account and choose cashback. From there you must click ‘activate cashback’ to receive your cashback. The cashback comes with 0x wagering requirements.
This cashback is available to any player that deposits with no bonus included. From there the clock will count down 24 hours. After the 24-hour window closes you can activate the cashback if you want to. This allows you to claim cashback weekly or even monthly depending on your personal preference.
Betinia Casino Cashback
Betinia Casino offers a 15% weekly Cashback to VIP players. This promotion is only available to the top 3 VIP levels eligible to receive promotions. The promotion runs from Mondays to Sundays weekly. At this time, you need to make a deposit, play the eligible games listed in the promotional terms, and wait to receive your cashback. The cashback is calculated based on your (total deposits – total withdrawals – total bonuses credited) x cashback %.
The cashback can be 5% to a maximum of 15% depending on your VIP status. Cashback requests must be made the following Monday via Live Chat.
Cadabrus Casino Cashback
Cadabrus Casino offers a 10% cashback of up to €200 to all new players. To be eligible you must be a new player. Simply create your new player account and make a minimum deposit of €50 to be eligible. The cashback will be calculated based on your losses within the first 72 hours of gameplay at the casino. You can win a minimum of €10 and a maximum of €200. To claim the cashback, you must contact the support team within the first 7 days. The cashback is paid to your real money account and is subject to a 1x wagering requirement.
Wildz Casino Cashback
At Wildz Casino there is a special 20% cashback exclusively available to VIP players. This exciting cashback offer pays out weekly.
The cashback is calculated as via the following formula: (real money + bonus money bets) – (real money + bonus money wins) – bonus granted – jackpot contribution + (bonus forfeited + bonus auto-forfeited + bonus expired).
Cashbacks run from Fridays to midnight the following Thursday and pays out in real money. To qualify for a cashback a minimum of €10 must be won.
You must earn a minimum of €10 for cashback to be applied to your account.
Recurring Weekly and Monthly Cashback Bonuses
Cashback bonuses come in all shapes and sizes with recurring weekly and monthly cashback becoming more common.
Most online casinos have recurring weekly or monthly cashback bonuses. These bonus offers are voluntary, so you do not have to claim a cashback. At some casinos where a cashback is the only type of reward you can claim, it is suggested to opt-in to ensure you get rewards from your gameplay.
With weekly and monthly rewards, the cashback pays out as frequently as the name suggests. Weekly cashback is calculated on weekly losses and monthly cashback on your total monthly losses. The cashback percentage pays out at the end of the week or month. Keep in mind only a percentage of your total losses pays out in cashback. Thus, if you lost €100, and the cashback percentage is 10% you will receive only €10 in cashback.
VIP Cashback Bonuses
The VIP players are the most important players at any online casino. These are the players who make big deposits, bigger bets and are willing to take the biggest risks to win it all on their favourite games. As such they are also the players who are provided with more attention, care, and often benefits.
Most online casinos have a VIP program in place with VIP tiers and benefits for each VIP tier. As a VIP you will often get the benefit of cashing in on bigger and better cashback which can be anything between 15% and 25%. In some cases, the cashback is limitless and spread across all your losses, depending on the casino.
This type of VIP cashback is on a month-to-month basis with the cashback % paid out the following month. While it is not obligatory to become a VIP at your selected online casino it is beneficial in terms of increasing your rewards and benefits if you are a regular player.
However, online gaming should always be about gaming entertainment and never about chasing losses or cashback. Always opt for responsible gameplay and take advantage of the responsible gaming tools provided.
How Do Cashback Casinos Work?
The way cashback casinos work varies based on the different online casinos. At the end of the day with every cashback bonus, you receive money back into your casino account. With some promotions, you will need to play specific games to qualify for a cashback. The cashback is spread over a set period which can be daily, weekly, monthly, or even a few hours. With most cash back promotions there is a limit to the amount you can receive.
You will note that most of these bonuses will be a percentage match on your total losses for a set period. For example, you can get a 10% cashback of up to €100 on slot gameplay at Yeti Casino this week. If there is a set amount attached such as €100 then the maximum you stand to get back is €100. Always read the terms and conditions so that you are aware of these small details before opting for a promotion. Top-rated online casinos will have these terms available on promotional materials too.
One of the things that set cashback bonuses apart is the requirements that come with them. In many ways, a cashback is a reward for being a loyal player. It also gives players something to look forward to when they have had a losing week. It is also a major plus that these offers tend to come with lower to no wagering requirements.
How to claim a Cashback Bonus
Cashback bonuses are not just for VIP players. Any player is eligible for a cashback bonus provided you meet the bonus requirements. The first step would generally be to opt-in to the promotion and read through the terms and conditions.
To meet the requirements and claim the cashback you will need to play the games as indicated by the promotion. This can be slots, table games, or live casino variants. The bonus can run over the weekend or select weekdays so make sure you read the terms to ensure you play within the promotional period to qualify.
When you wager real cash on the eligible games or often just wager real cash at the casino you qualify for a cashback. The cashback promotions serve as a type of surety on your gameplay. Even if you lose, you know you will get something out in the end.
The cashback offers can appear in different ways. An operator can offer you a cashback on a certain slot, a cashback on your daily losses, or a cashback on your entire live gaming sessions for the week. The cashback will come with a set percentage and often a maximum win cap along with other terms and conditions including the period during which the promotion is valid. By meeting the terms and conditions you are eligible to receive a cashback.
Are there any wagering requirements with Cashback Bonuses?
As with any other bonus promotion, the cashback bonuses come with terms and conditions which often include wagering requirements. These can range between 1x and 10x but it varies from casino to casino. The good news is that the wagering requirements on these cashback bonuses are always lower than on other casino bonuses.
Many casinos provide wager-free cashback to ensure it is a bonus reward. The idea of the cashback is to give players something back after experiencing a loss. Thus, the majority offer wager-free cashback or wagering requirements of as little as 1x your stake.
What are some terms I need to keep in mind?
One of the advantages of cashback bonuses is that they come with fewer restrictions than other bonuses and promotions.
Some of the most prominent terms include the maximum you can claim back, the time frame in which you can do so and the types of payment methods you can use.
Most casinos require you to have less than €10 in your balance to be eligible for a cashback, depending on the promotional offer. With most cashbacks, there will be a clear indication of the maximum bonus cap or it will state that it is unlimited. Normally you will have as little as 24 hours or as long as 7 days to claim your cashback.
A number of casinos allow you to take advantage of cashback offers via any payment option apart from Skrill and Neteller. If you are using these payment methods, you will not be able to claim a cashback.
The cashback funds are almost always credited to your real money balance with as little as 1x wagering requirements before withdrawals can be made. With some casinos, you will need to contact customer support to claim your cashback whereas others have an automatic cashback crediting system in place. This will be indicated on the promotional terms of the cashback page.
Cashback Bonus Percentages
There are different types of cashback, some flow frequently and others only come around occasionally. Each serves a purpose and brings with it, its own set of rules and restrictions to keep in mind.
New Player Cashback/Once-Off
This is normally a big cashback to lure in new players. A welcome cashback or once-off cashback can be anything between 10% and up to 25%. To be eligible for this cashback you need to register at the casino and meet the minimum requirements. Generally, this requires making a minimum deposit and placing a wager within a set time. You can often only get a limited amount of funds in cashback. For example a 25% cashback of up to €200 for all new players. Thus, you can get up to 25% in cashback from your initial deposit with the maximum cap being €200.
Recurring Cashback bonuses
The recurring cashback bonuses are the weekly and monthly cashback offers. Often, they can range between 5% and 15% as they tend to be more balanced and frequent. These offers can be without a maximum bonus cap and span across your entire weekly or monthly losses.
It is important to read the terms and conditions on these recurring cashback bonuses to know whether they have deposit restrictions, game restrictions, and time limits. Other terms to look out for include wagering requirements as well as how to claim. Many casinos will require you to contact customer service to claim your cashback.
Game-based cashback
Then there are the game restricted cashbacks which are only available on select games. Some casinos will run cashback promotions where you can get a 50% cashback over the weekend but only on Blackjack. With such promotions, your cashback percentage is higher, but you are restricted to a certain game. In some instances, they may even choose a select number of game variants to which the promotion applies.
Always read the terms and conditions of these promotions to ensure you meet the requirements. While at first glance they appear great, it can often be tricky and more of a hassle than the straightforward 10% cashback.
