Cashback Bonuses- How to Receive Money Back

A cashback bonus gives you back a share of your casino losses, usually as bonus or real money. This page explains how cashback works at South African friendly online casinos, how it differs from a reload bonus and what to check before you claim. Below you will also find cashback offers at casinos we review, with their rand terms.

18+ only. Gamble responsibly: SA Responsible Gambling Foundation counselling line 0800 006 008 (24/7).

You are probably familiar with some sort of loyalty programme in supermarkets: there’s a card you use every time you purchase, and 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, 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 share of their losses. The percentage is usually fixed, and it is often around 10%, although some offers are higher. The amount of money that can be returned is often capped as well. 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 and a month. When the specified timeframe finishes, the casino returns the money to the player, making calculations based on all relevant factors.

The above-described example is a typical cashback bonus deal, but there’s another type as well. A rake cashback bonus is 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 promotions are more often seen in sportsbooks due to the specific nature of the games offered on those websites, but they 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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No. 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.

A reload bonus, on the other hand, is paid when a player adds new funds to their online casino account. Cashback can be aimed at both new and existing players, while a 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. With cashback, the amount is a percentage of your losses, while with a reload bonus, it is bonus cash added on top of your deposit.

It’s also worth knowing the difference between a reload bonus and a match bonus. A match bonus matches the deposit you make. Unlike a 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 a reload bonus cannot be a welcome offer. For more on the different offers, see our guide to the types of casino bonuses.

Why Do Players Love Cashback Bonuses

To become eligible for a cashback bonus, a player needs to follow quite simple steps: deposit, play games and make losses. No player visits an online casino to lose, but losing sessions are part of every game. There’s no game where every single round or hand is a winning one.

That’s the reason cashback is so popular. Punters get the chance to recover a portion of the money they lost. From the casino’s perspective, it is a way to keep players coming back.

Punters like cashback bonuses because they:

Are simple to claim
Reduce the amount of losses
Can come with low wagering requirements (but check, as some do not)

Unlike a cashback credit card, where it can be hard to balance costs and rewards, a cashback bonus is simple: it is designed to give you back a percentage of your losses, nothing more. It does not make a losing session a winning one, and it never guarantees profit.

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 whether you must ask for it, for example by contacting support or entering a bonus/coupon 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 a qualifying amount of money.
Cashback percentage

The percentage amount may vary, ranging from 5% or 10% up to 20%, or in some cases even higher. The percentage may also vary based on the amount of losses. 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. Most offers have a cap, per day, week or month. Members of loyalty clubs may be eligible for better cashback deals, where either the amount of cashback or the percentage is increased.
Wagering requirement

Some cashback comes with no wagering requirement, but others carry one, as the table below shows, so check the terms before you accept.
Game contribution percentage

Losses on some games may bring more cashback than losses on others, which is up to each individual site to define. Online slots usually have the greatest contribution, while other genres such as Roulette, Blackjack and other table games contribute less. It’s also wise to check whether the offer is restricted to specific countries, to avoid disappointment. Our bonus terms and conditions guide explains these rules in more detail.

Cashback offers at casinos we review

These offers come from the terms recorded in our casino database. Where a cap has no currency stated, none is shown.

Casino	Cashback	Wagering	Key terms
Thunderbolt Casino	25% up to R3,000	10x	Claim by contacting support. The maximum equals total deposits of R12,000.
Springbok Casino	25%	10x	Your balance must be between R0 and R10 when you claim.
White Lotus Casino	100% up to R10,000 daily	30x	Minimum qualifying deposits of R1,000 a day.
Silver Sands Casino (ZAR)	Up to 40% on Mondays	10x	Minimum deposit of R1,000 for the day.
Jackpot Cash Casino	Up to 40% on Mondays	10x	Minimum deposit of R1,000 for the day.
YesPlay Casino	10% up to 1,000	3x	Only losses of over R100 over the bonus period count.
SaffaLuck	10% up to 2,000	5x	Minimum weekly turnover of R5,000.
10bet Casino Africa	10% up to 1,000	20x	Opt in each week and make at least one deposit that week.

Offers change, so check the casino’s promotions page.

Claim Read Review

10bet Casino Africa

Score: 4

10% up to R1,000
Cashback

T&C Apply. 18+

Claim Read Review

YesPlay Casino

Score: 4

10% up to R1,000
Cashback

T&C Apply. 18+

Claim Read Review

DaVinci's Gold Casino

Score: 4

Score: 2.6

10% up to ∞
Cashback

T&C Apply. 18+

Claim Read Review

This Is Vegas Casino

Score: 2.6

100% up to ∞
Cashback

T&C Apply. 18+

Claim Read Review

Cashback Bonuses FAQ

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.

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.

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.

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.

Table of Contents

Cashback Bonuses- How to Receive Money Back
What Are Cashback Bonuses
Are Cashback Bonuses and Reload Bonuses the Same Thing
Why Do Players Love Cashback Bonuses
How to Claim Cashback Bonuses
Cashback offers at casinos we review
Cashback Bonuses FAQ