Cashback bonuses are a fairly new addition to the gambling industry. The more popular and older offers are free spins and cash match bonuses. They can either be paid on a monthly or even weekly basis. Moreover, you can find casinos that payout on a particular day of the week.
In this guide, we will cover the different types of bonus cashback, how to choose the best cashback casino bonus as well as the advantages of online casino offers.
Find the Best Cashback Bonuses Casinos
Online casinos | Welcome Bonus | Payout | Rating | Visit Site |
---|---|---|---|---|
1 | 500 Free on Stardust | 99.05% | Play Now Online Casino London | |
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3 | 200% match up to £100 | 97.05% | Play Now Play UK | |
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24 | 200% match up to £100 | 90.10% | Play Now Plush Casino | |
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25 | Up To £200 Cashback | 90.00% | Play Now Pocket Vegas Casino |
How Do Cashback Bonuses Casinos Work?
Although quite a number of players understand how cashback bonuses work, we know that some players, especially the newer players do not know how cashback bonus work. It is actually extremely easy to understand and use this type of casino bonus.
1. Loyalty Bonuses: Unlike bonuses such as reload bonuses, loyalty bonuses, deposit bonus as well as welcome bonuses, not many casinos offer cashback bonuses.
2. Wagering cashback: has a huge role to play. The amount of cashback you are able to earn is has a huge relation to the amount of money you wager.
3. Bonus Paid Into Account: Depending on the casinos, the bonus is paid into your account. In some cases, it will be credited directly towards your play.
4. High Roller: For high rollers, who spend lots more money, they are able to get much more cashback compared to the average player. This is mostly based on the fact that the high rollers spend more time and cash.
5. Read the Terms and Conditions: You are able to get cashback between 5-20%, however, this depends on the casino you have chosen. It is important to note that you will be expected to make a higher wager if you want to claim larger cashback amounts. You need to read the terms and conditions to find out the type of cashback offers and how you can use them.
Advantages of Cashback Offers
There are various advantages that come with cashback casino bonus offers. Depending on the casino the cashback percentages differ from one casino to the next.
- They typically stay under 1%. The game also plays a huge factor. Moreover, it is a perk to receive an extra something on every bet.
- As we have already mentioned, cashback bonuses are a way that casinos use to compensate players after a heavy loss.
- Although it is fairly new, this concept has evolved over the years. Today, you find more and more casinos offering this type of bonus. To make the most of this offer, you need to ensure that you have a great strategy.
- Casino bonus cashback offers differ, in some cases, the casino will give returns in real money that you can use however you want without any restrictions.
However, you need to be cognizant that some sites give the offer in bonus money. In most cases, you can use this bonus cash on a game of your choice. However, there might be some restrictions that include maximum wagering requirements and win caps.
How to Choose the Best Cashback Bonuses Sites
Although all cashback rewards might seem appealing to new players, you need to consider a few factors before you choose the best offers. Our team has compiled criteria to help you pick out the best offers:
Find How Often Does the Casino Payout: It is important that you know how frequently the casino pays out. You will find a casino that pays out daily while others pay monthly or even weekly. If you are someone who gambles every day, then the perfect casino for you will be the one that pays out daily.
Know the wagering requirements: Reading through a long list of requirements to complete before you can start using your offers can be a hassle. The truth is the best cashback offers do not have a lot of wagering requirements and some actually don’t have any.
Find out about the limitations: To make the most of your time, you need to make sure that you are well informed about the limitations. Some casinos will have a high cashback bonus as high as 100% but set a maximum limit on the amount you will get back.
Look out for other unexpected conditions: If it happens that you lose half of your deposit, you need to know that the casino will not give you any cashback. This is mainly because you did not lose your full deposit. You need to make sure you stay on the lookout for these kinds of cashback casino sites.
Cashback Bonuses Casino Wagering Requirements
It is not easy committing yourself to a wagering requirement. Therefore, we recommend that you do not take this lightly. So, firstly, you need to decide on the casino you want to play and then choose your preferred online casino games. Moreover, you need to make sure you check the cashback offer and calculate how much you need to wager. Additionally, you need to make sure have enough money to wager.
The one thing we will advise you against is registering at a live casino for only the purpose of receiving cashback. Also, players depositing larger amounts should ensure that they qualify for weekly cashback. When choosing a casino, players should read the casino’s review pages to stay informed. You can try the sites we have listed in this guide. You can also try the free games on offer and test if you can play the casino game.
Different Types of Cashback Deals
As we have already mentioned, there are numerous cashback deals that players can have access to. A known fact is that the cashback can be a cleaner reward compared to others. The amount of cash you will receive will vary depending on the casino. Below, we discuss the different types of cashback deals you can find:
Welcome Bonuses
This offer is considered the most common feature at a casino. Casinos use welcome bonuses to attract new players and keep existing ones. Essentially, this is a welcome treat, to encourage players to keep gambling and spend their time at the casino.
Typically, a welcome bonus is 100% cashback when you make your initial deposit. The casino will place a maximum limit to the deposit you can place. It is important to note that all of this depends on the casino. Some casinos will give higher cashbacks while others offer lower.
Reload Bonuses
This bonus is usually given to a player who has already made a deposit to play a specific game. Reload bonuses are also a fraction of the deposit made. However, the cashback percentage becomes relatively lower compared to all the other bonuses. It should be noted that casinos will have different criteria for using cashback bonuses. You might find some sites that give reload bonuses on entire deposits made during a specific period. This is subject to a maximum amount.
Depending on the casino, you might find reload bonuses on certain days of the week. However, some casinos will have their own requirements and percentage limits that players need to meet in order for the bonus to be paid out.
Cashback Bonuses on Total Bets
This is one of the most exciting types of cashback deals. With this offer, you will receive cashback on all the bets you have made on a certain period of time. It is irrelevant whether you have won or lost. You still get 25% cashback on the total amount bet on over a certain amount of time. In this offer, you will not find any cashback limit. Additionally, the more you bet, the more you get back.
Cashback on Losses
In a bid to console players for losing their favourite casino game, the majority of sites will give players cashback. Typically, this will come in the form of 20% cashback on all the losses you’ve made on a weekly basis. Players can also get 50% cashback when they gamble at the best casinos. It should be noted that depending on the casino, you will find a specified minimum amount that you will be required to lose before you become eligible for a cashback bonus.
Casino Cashback Availability
Cashback availability is important because although some casinos might have these bonuses as an integrated feature, some sites make it available for a select few days a year or month. Therefore, it is important that you take into consideration how cashback bonus works. You also need to bear in mind the different offers available at specific sites.
You need to know how the wagering conditions will affect your bankroll. Additionally, if you are on the lookout for a consistent cashback payout, do not opt for sites that offer cashback a few times a year. Temporary offers should be something you do not choose at all. Make sure you read and understand the fine print as well as keep an eye on your pocket.
See Other Casino Bonuses
- Welcome Bonus
- Loyalty Bonus
- Sticky Bonus
- VIP Bonus Offers
- Birthday Bonus Offers
- Exclusive Bonus Offers
- No Deposit Bonus
- Match Bonus
- Free Spins
Cashback Bonus FAQs
A cashback bonus is an offer that the casino gives players as a reward to compensate losses. The bonus can range from 10% to 20% and may vary depending on the casino.
No, players are not subject to any taxation. The tax regulation in the UK states that only casino operators will be taxed on any bonus offers.
Casino cashback bonuses may differ depending on the casino. Sometimes they come in the form of credit or money. This offer is given to loyal players.
Yes, cashback bonus is essentially free money. You can use this offer to make wagering without risking your hard-earned cash.
The best cashback bonuses are the ones that do not have any wagering requirements. These offers have a rather higher refund percentage.
Yes, cashback bonuses are legal and players do not have to make any extra deposits to claim this offer. Also, you need to make sure you gamble at a regulated and licensed gambling site.
The difference is easy to spot. Firstly, a cashback bonus is given to new player while cashback offers are for already existing ones.
On average, the casino will give players between 10 to 30% of their cash back.
Depending on the casino, you will need to input a code or click on a link to claim a cashback bonus. In addition, there will be instructions by the casino to claim this offer.
Earnings are the winnings you make from gambling at the casino while cashback bonus refers to the percentage of deposit or loss you have incurred.