Cashback Bonuses- How to Receive Money Back

You are probably familiar with some sort of loyalty programs in supermarkets- there’s a card you use every time when purchasing, you get points that can bring you discounts on future purchases. That’s pretty much the system cashback bonuses in online casinos rely upon, but instead of a discount, a player receives cash to play games over and over again.

Most commonly, it is a refund on losses over a set period of time, but some gambling websites offer a return on all deposits and wagers, regardless of the outcome. Such bonuses are available not only to existing players but very often to newly-registered punters as well, so to give them a good reason to visit that particular online gaming website over and over again.

What Are Cashback Bonuses

The cashback bonus is a type of casino promotion that allows a player to recover a small percentage of their losses. The percentage is usually fixed, and it varies from 5% to 10%. Speaking of fixed, it’s not rare to see that the amount of money that can be returned is capped itself. For example, an online casino may return 15% of all losses up to a max of $40 (or equivalent in other currencies).

Also, a fixed period of time is taken into account when calculating the amount of return, varying between a single day, 7 calendar days to a month. When the specified timeframe finishes, the casino will return a player money, making calculations based on all relevant factors.

The above-described example represents more or less an average example of a cashback bonus deal, but there’s another type as well. However, there’s also a rake cashback bonus, a type of online casino bonus where a player receives a return on all wagers and deposits, no matter what the outcome was (win or loss).

Such promotion is more often seen in sportsbooks due to the specific nature of games offered on such online gambling websites, but it can be seen on gambling sites that offer slot games , table games, and live dealer products as well.

Are Cashback Bonuses and Reload Bonuses the Same Thing

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Cashback bonuses see a certain amount of money returned to the player following losses over a predetermined period of time. So, let’s say that a site offers 10% weekly cashback. A player will receive a 10% return on all the losses from Monday to Sunday 23:59. As soon as the new Monday arrives, a new calculation period begins.
On the other hand, a reload bonus is paid when a player adds new funds to his/her online casino account. Worth noting is that cashback can be aimed at both new and existing players, while reload bonus is usually credited to players who have already made at least one deposit on that website.
So, in both situations, some money is added to the player’s account. In case of reload bonus deals, it’s the percentage derived from losses, while with reload bonuses, it is bonus cash added on deposits.
Before we proceed, it’s important to note that there’s a certain difference between a reload bonus and a match bonus. This type of casino offer sees players receiving match on any amount of deposit they make. Unlike reload bonus, a match bonus can be offered to first-time depositors as well, in the form of a welcome bonus package.
To put it simply- a match bonus can be part of the welcome bonus, while reload bonus is cannot be a welcome offer. A reload bonus can even be seen as some sub-category of match bonuses.

Why Do Players Love Cashback Bonuses

To become eligible to receive a cashback bonus, a player needs to follow quite simple steps- deposit, play games and make losses. While not a single player visits an online casino to lose, it is simply unavoidable. There’s no game where every single round or hand is a winning one, so it’s something that goes along by default.
That’s the reason why the popularity of this particular type of bonus offer simply exploded. Punters were finally given a chance to return at least a portion of the money they lost. From a perspective of a casino, it’s not a huge amount of money to give away, as it actually gets a lot in return- a player who will come back over and over again.
Punters like cashback bonuses because they:
  • Are simple to claim
  • Reduce the amount of losses
  • Usually come with zero wagering requirements
While it’s rather common to make mistakes with a cashback credit card, due to the inability to find a balance between costs and rewards, such thing cannot happen with a cashback bonus. As simple and plain as it sounds, this offer is designed to help players return some percentage of money on losses, that’s all.

How to Claim Cashback Bonuses

Similar to claiming free spins or bonus cash, it is of vital importance to get acquainted with the rules before opting for any bonus. First of all, check if cashback is credited automatically or it is necessary to apply for that bonus/ enter a bonus code.
Here’s what else to pay attention to:
  • Qualifying deposit 

    Sometimes this bonus is available to all depositing players, but in some cases only to those who fund the account with the qualifying amount of money.

  • Cashback percentage 

    As hinted earlier, the percentage amount may vary, ranging from 5%, 10% up to 20%, or in rare situations even higher than that. Also, the percentage may vary based on the amount of losses itself. For example, an online gambling website may offer 10% on losses up to $200, and 20% on losses that exceed this sum.

  • Max cashback amount 

    It’s not only the percentage that varies, it’s the amount of potential cashback credited that differs from one site to another. The fixed level can be $50 or $100 on a weekly basis. Rarely any licensed online casino will offer unlimited amounts unless a player makes frequent and substantial deposits.

    Worth noting is that members of Loyalty clubs may be eligible for better cashback bonus deals. In that case, it’s either the amount of cashback or percentage that is increased.

  • Game contribution percentage 

    Losses on some games may bring more cashback than losses on others, which is, once again, up to each individual site to define. Online slots usually have the greatest contribution (usually 100%), while other genres such as Roulette, Blackjack , and other table games contribute less.

    Generally speaking, these bonuses come with significantly fewer rules than any other type. They usually have no wagering requirements at all. On the other hand, it’s always wise to check whether they are restricted to specific countries, so as to avoid disappointments.

Silver Sands Casino (ZAR)

Score: 4.4

40% up to
Cashback

T&C Apply. 18+

Monday Cash Back. Deposit a minimum R1,000 for the day, get up to 40% back of All your deposits made from 00:01 to 23:59 on (every) Monday. Simply send to casino an email requesting your Cash Back bonus by 11:59 a.m. on Tuesday. This promotion excludes play on Roulette, Pontoon, Bingo, Craps, War! and Baccarat.

Springbok Casino

Score: 4.4

25% up to R3,000
Cashback

T&C Apply. 18+

Your balance must be between 0 and R50 by claiming your cashback. The maximum cashback amount is R3000 (this means total deposits of R12000). The cash-back offer is 10x playthrough on Slots, Keno, Bongo and Scratch Cards. The playthrough on other games can vary. Cashback can be claimed dating up to 60 days prior to the day the cashback is requested on busted deposits. No Max Cashout.

CasinoCruise

Score: 4.4

10% up to $/C$200
Cashback

T&C Apply. 18+

Promotional period: Tuesday 00:00 to Monday 23:59 GMT. Register a total net loss of minimum $20 and a max of $2,000 (or currency equivalent) to qualify for the 10% Cashback Bonus. The Cashback Bonus is subject to a wagering requirement of 20x. For more information about wagering requirements, contact customer support.

Genesis Casino

Score: 4.4

10% up to €200
Cashback

T&C Apply. 18+

10% Cashback Bonus every Tuesday. Promotional period: Tuesday 00:00 to Monday 23:59 GMT. For information about wagering requirements, contact customer support. The maximum Cashback amount a player can receive is €/$200.

BetChain

Score: 4.3

10% up to
Cashback

T&C Apply. 18+

Make a deposit on any Monday and casino will credit your account with a 10% Deposit Cashback Bonus if you happen to lose. Maximum Bonus of 0.1 BTC. Minimum deposit, loss and wager on the previous day: 0.001 BTC. Bets on Roulette and Baccarat do not count.

Tusk Casino

Score: 4.3

20% up to
Cashback

T&C Apply. 18+

Up to 20% Weekly Cash paid every Sunday. Minimum weekly deposit and cash back bonus to be earned:CAD500 - CAD1000 10% cb with 10 times rollover; CAD1000 - CAD2000 15% cb with 10 times rollover; CAD2000 + 20% cb with 10 times rollover; Cashback: including and not limited to any other bonus given individually 5 times to bonus value.

iLUCKI Casino

Score: 4.2

20% up to
Cashback

T&C Apply. 18+

The cashback period is defined as the week prior to the issuing of the bonuses, from 00:01 (UTC) Saturday until 23:59 (UTC) Sunday. Only slot games are qualified for a cashback bonus, excluding the Jackpot slots. The maximum winnings that will be paid out resulting from any cashback bonus will be 10 times (x10) of the cashback amount received. The wagering requirement for the cashback bonus depends on your VIP status. Platinum (WR: 5x).

King Billy Casino

Score: 4

13% up to
Cashback

T&C Apply. 18+

Up to 13% Cashback. CITIZEN level: 3%; BARON / BARONESS 5%. DUKE / DUCHESS 7%; PRINCE / PRINCESS 9%;  KING / QUEEN 13%. The minimum amount of refund € 35. The Thursday Cashback Bonus is added automatically (in case the player's account is eligible for it) from 00:02 am till 05:00 am UTC timezone.

HappySpins Casino

Score: 3.9

10% up to
Cashback

T&C Apply. 18+

10% daily cashback. Cashback is calculated daily on all deposits that occurred between 06:00 - 05:59 CET. Cashback will be credited to your real money balance, no wagering required.

Galaxyno Casino

Score: 3.9

7% up to €70
Cashback

T&C Apply. 18+

7% Instant Cash up to €70 on each Deposit. Minimum deposit: $10. The maximum allowed withdrawal amount from the instant cash or the deposit on which the instant cash was claimed, and any winnings derived therefrom, is €1,000. The instant cash is available for slot games only. No WR. 

MoiCasino

Score: 3.8

10% up to
Cashback

T&C Apply. 18+

Cashback is calculated daily on all deposits that occurred between 06:00 - 05:59 CET. Balance will be checked the following morning 06:00 CET and players need to have a balance of not more than €5 in order to qualify for cashback. No wagering required. Valid 7 days.

LyraCasino

Score: 3.8

10% up to
Cashback

T&C Apply. 18+

Cashback is calculated daily on all deposits that occurred between 06:00 - 05:59 CET. Balance will be checked the following morning between 06:00 - 12:00 CET and players need to have a balance of not more than €5 in order to qualify for cashback. Cashback will be credited to your real money balance, no wagering required.

Yebo Casino

Score: 3.5

15% up to R5,000
Cashback

T&C Apply. 18+

Weekly cashback. You can receive up to 15% cashback on your losses up to R5,000. For wagering information contact customer support.

African Grand Casino

Score: 3.2

25% up to
Cashback

T&C Apply. 18+

25% CashBack on your 1st Deposit. 40x playthrough and the max cash out is the value of the bonus. Where the value bonus is less than 100, the max cash out will be 100. 

Thunderbolt Casino

Score: 3.2

25% up to R3,000
Cashback

T&C Apply. 18+

The maximum cashback amount is R3000 (this means total deposits of R12000).  To redeem your 25% cashback contact our support agents and claim your 25% cashback.  The cashback offer is 10x playthrough on Slots, Keno, Bongo and Scratch Cards. The playthrough on other games can vary.

Fun Casino

Score: 3.2

10% up to
Cashback

T&C Apply. 18+

The cashback will become available only 24 hours after made your initial deposit. You will save cashback for every lost deposit which wasn’t connected to a bonus offer. The cashback is then immediately added to your balance in cash. There are no wagering requirements.

White Lotus Casino

Score: 3.1

100% up to R10,000
Cashback

T&C Apply. 18+

White Lotus casino is offering players a 100% cashback bonus up to R10,000 every day. Minimum qualifying deposits required - R1,000 a day. In order to receive our promotion, please send an e-mail to support @ whitelotuscasino.com specifying your account name and the bonus will be added to your account. Maximum cash out of twice the bonus amount received.

Pocketplay Casino

Score: 3

10% up to
Cashback

T&C Apply. 18+

Cashback is paid weekly on Fridays at 00:01 CET. Cashback period is based on the last 7 days counting from Friday 00:01 CET to Thursday 00:00 CET. Minimum amount of cashback that will be credited is €1 (meaning net loss of €10 or more). Maximum weekly cashback a player can receive is €1000.

Jackpot Cash Casino

Score: 2.6

40% up to
Cashback

T&C Apply. 18+

Deposit a minimum of R1000 between 00:01 and 23:59 on Monday and get up to 40% back. Deposits R1,000 to R10,000 - 20% Cash Back bonus. Deposits R10,000 to R50,000 - 30% Cash Back bonus. Deposits R50,000 and over - 40% Cash Back bonus. Minimum wagering requirements are set at ten (10) times the amount of the bonus received. 

Cashback Bonuses FAQ

01

Are cashback bonuses aimed at high-rollers only?

No, they aren’t, casual players can claim them as well. The best would be to check the Terms for the qualifying amount of deposit and see how much you should actually deposit to become eligible for cashback.

02

Can I claim any other bonus if I apply for cashback?

This depends from one website to another, but most commonly, it’s not possible to have multiple active promotions at the same time. The best would be to compare all the active promotions and see which one suits you the best, and which one is the most rewarding.

03

How to find a good cashback bonus deal?

Look for good cashback bonuses in reputable online casinos. They are usually found in the same sections where other promotions are displayed. Don’t forget to read the Terms before claiming them.

04

Are cashback bonuses worth it?

Absolutely! Having in mind that a player doesn’t need to invest additional money but instead has some of the already invested money returned- there’s nothing not to like about it.