Online Casino Cashback Bonuses

No one likes to lose, but that’s almost inevitable, no matter if you play online or at a land-based casino. That’s why they call it gambling – sometimes you win, sometimes you lose, but if you make reckless bets or the Lady Luck is not smiling on you that day, you might lose more than you can afford. If only there was a way to soften the blow and recover a percentage of your losses! Of course there is, online casinos take care of players (or at least they pretend to) and offer the so-called cashback bonus.

As its name suggests, you get real cashback under certain conditions. Let’s outline the most important among them, so that you can figure out which cashback bonuses are real and which are tailored to rip you off rather than help you make up for your losses.

Online Casino Cashback Bonuses
Online Casino Cashback Bonuses

Best Cashback Bonuses

Reviews of the casinos that give highest cashback bonuses

Review by: Alex

Updated: 23-08-2022

Up to 20% Cashback Every Single Day

The cashback percentage is determined by the amount of your deposits (not losses) on the previous day. You get 10% cashback for deposits of at least USDT20. The more you deposit, the higher the cashback percentage becomes. You get 20% cashback for deposits of USDT5000 and more.

There is a 3x wagering you have to clear 7 days after activation. The max cashback amount you can get cannot exceed 20% of all your deposits. If we assume you deposited USDT1000, the max cashback amount would be USDT200 as long as you fulfill the above-mentioned wagering requirements on time.

Bets.io Casino 20% Cashback Bonus to grab every day

Bets.io Casino Welcome bonus

20% Daily Cashback

18+ | New Players Only | T&C Apply

Online since:

2021

License:

Curacao

Webiste::

bets.io

Highlights

  • Crypto Support
  • Large Game Library
Read review
 United States online casinos

Players from United States not accepted

1

Review by: Gerry

Updated: 13-09-2022

10% Real Cashback

Raptor grants 10% cashback on losses on slots and selected table games over the past week. The 7-day period runs from 10:00 UTC on Wednesday to 09:59 UTC on Wednesday. You receive your cashback on Wednesday before 13:00 CET/CEST.

The best of all is that this is a zero wager bonus. If we assume the amount of your net losses is €1000, you are eligible for receiving a €100 cashback. You do not need to play it through several times. You can cash out immediately. Also, there is no cap on cashback winnings, which is another cool perk.

Raptor Casino Every Week 10% Cashback for Everyone

Raptor Casino Welcome bonus

10% Real Cashback

18+ | New Players Only | T&C Apply

Online since:

2021

License:

Curacao

Webiste::

raptorcasino.com

Highlights

  • Good game selection
Read review
 United States online casinos

Players from United States not accepted

2

Review by: Pettie

Updated: 23-08-2022

Up to 20% cashback

The cashback amount depends on the deposits during the previous day. The more you deposit, the higher your cashback becomes. Cashback is credited daily at 00:10 AM (UTC).

  • There is a 3x wagering you need to clear 7 days after receiving the bonus
  • The max cashback cannot exceed 20% of your deposits
  • The lowest cashback amount that can be awarded is €20CrazyFox Casino 20% Daily Cashback

Crazy Fox Casino Welcome bonus

20% Cashback on Slot Losses

18+ | New Players Only | T&C Apply

Online since:

2020

License:

MGA

Webiste::

crazyfox.com

Highlights

  • MGA licensee
  • Cashback bonus
  • Mobile friendly
Read review
 United States online casinos

Players from United States not accepted

3

Review by: Gerry

Updated: 08-09-2022

10% Real Cashback Every Friday

Cashback is awarded on your net losses on slot games and certain live casino games over the previous week. To qualify for the bonus, you need to have made at least one deposit. There are no wagering requirements or max winnings cap you need to watch out for.

Amok Casino Weekly 10% Real Cashback Bonus

Amok Casino Welcome bonus

10% Real Cashback

18+ | New Players Only | T&C Apply

Online since:

2021

License:

MGA

Webiste::

amokcasino.com

Highlights

  • MGA license
  • Awesome game selection
  • Top-notch performance on mobile devices
Read review
 United States online casinos

Players from United States not accepted

4

Review by: Pettie

Updated: 12-09-2022

10% Cashback on All Slots

Refuel founders “don’t believe in offering players poor value bonuses with ridiculously impossible wagering restrictions like the promotions you will find elsewhere”. That’s why they offer a 10% cashback bonus for all slots and selected live casino games losses. The only requirement you need to fulfill to get your cashback bonus is to have at least one successful deposit. No wagering requirements, no max winnings cap. That simple!

Refuel Casino 10% Cashback Bonus for every player

Refuel Casino Welcome bonus

10% Cashback on Slot Losses

18+ | New Players Only | T&C Apply

Online since:

2020

License:

Curacao

Webiste::

refuelcasino.com

Highlights

  • No wager cashback bonus
  • Pay N Play
  • 200+ Casino Games
Read review
 United States online casinos

Players from United States not accepted

5

Advantages

  • No need to make another deposit to get a cashback bonus
  • You make up for your unfortunate bets
  • Low wagering or no wagering at all

Disadvantages

  • Difficult to find. Casinos still prefer to offer match deposit offers
  • Cashback is often granted for playing selected games only
What is a Cashback Bonus_

What is a Cashback Bonus?

Cashback is a bonus that covers a percentage of your losses over a predefined period of time. If we assume the casino grants a 20% cashback on your losses over the previous week, and you lost €200, you will get €40 back. Cashback is granted either to new players or to regular players who claim a limited-time bonus.

How Does the Cashback Bonus Work_

How Does the Cashback Bonus Work?

Cashback bonuses give you back a percentage of the deposit you made over the predefined period of time (usually the previous week) or they are granted if your losses go over a specified amount. However, the cashback percentage is not the most important factor you should look out for. Here are the details you should consider before you decide to claim or opt out of a cashback bonus.

Cashback Validation

Is Cashback Valid for All Games?

All too often, casinos boast about offering cashback bonuses, but if you read the fine print, it turns out that cashback is accumulated only on slots. That’s understandable, though. Slots are both highly entertaining and highly volatile RNG-based games and you never know how many losing spins you may experience before you win big.

Wagering

Are Casino Cashback Bonuses Instant?

In the best-case scenario, your cashback bonus would be wager-free in which case you would instantly have your funds credited to your casino account. However, you may come across a cashback bonus with a wagering requirement. A 5x wagering is considered reasonable, but if it goes to 20x and beyond, you should think twice before clearing it.

Bonus Validity

Watch Out for the Bonus Validity

Compared to the 45x turnover attached to the match deposit bonuses, clearing a 5x wagering seems as easy as ABC. However, you might find yourself pressed for time. For example, you may have 3 days to play through your cashback bonus or else you lose it.

Cashback Payouts

Casinos Set a Cap on Cashback Payouts

Online casinos set limits to the max amount you may get from a cashback bonus. For example, they grant a 20% cashback of up to €200. If you are eligible for getting a larger amount, the remaining balance is forfeited and you get €200 and €200 only.

VIP status

Cashback Might Be for High Rollers Only

Cashback bonuses are often a perk of a loyalty program where you climb the VIP ladder as you place bets. Make sure they are available to players with the same VIP status as yourself.

Country Restrictions

Country Restrictions

Residents of some countries are not allowed to claim casino bonuses or local authorities set a cap on bonus winnings.

Withdrawals

What’s Minimum Withdrawal?

Double check what’s the minimum withdrawal and what’s the lowest cashback amount you can get. If the minimum withdrawal is €50 and the lowest cashback you can get is €30, it turns out that you need to keep playing instead of cashing out immediately.

New Cashback Bonuses

Cashback Bonuses FAQ

In our humble opinion, cashback bonuses are the best bonuses out there. Basically, you get a refund for your previous losses and you can use the money to win back what you have lost. At the same time, you do not have to clear ludicrous wagering requirements or make another deposit to release your funds.

According to many players, the best bonus is the no deposit bonus that gives them the chance to play for real without risking their bankroll. However, the no deposit bonuses come with low value and high wagering requirements. That’s why we consider the zero wager and cashback bonuses a better option for new players.

Well, to get a cashback bonus, you must have deposited first. Depending on the casino’s T&C, the cashback bonus can be granted on the first day of the new week and you can immediately withdraw the money as long as there are no wagering requirements attached.

To a certain extent, it is, but in fact, the casino is refunding your own money. However, if you need to clear a wagering requirement, it turns out there ain’t no such thing as a free lunch.

Reload bonuses require you to make a deposit, while cashback bonus is just a percentage the casino is willing to return, so you can play and win back what you have lost. There is no need to make another deposit. Casinos are quite generous on reload bonuses, but the T&C are less player-friendly, compared to the cashback bonus terms.

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