Must be 19+ to participate. T&Cs apply. Play Responsibly.
Must be 19+ to participate. T&Cs apply. Play Responsibly.
19+ Play responsibly. This offer is not available for playing within Ontario.
Must be 19+ to participate. T&Cs apply. Play Responsibly.
19+ Play responsibly. This offer is not available for playing within Ontario.
Must be 19+ to participate. T&Cs apply. Play Responsibly.
Must be 19+ to participate. T&Cs apply. Play Responsibly.
Must be 19+ to participate. T&Cs apply. Play Responsibly.
19+ Play responsibly. This offer is not available for playing within Ontario.
Must be 19+ to participate. T&Cs apply. Play Responsibly.
Must be 19+ to participate. T&Cs apply. Play Responsibly.
The online casino cashback bonuses are not too complex, compared to some of the other bonuses you will see. That said, casino cashback bonuses do still have some nuance hiding in the fine print, which we will explain in this guide so you are informed before you claim your first cashback.
Cashback bonuses can be found on many new casino sites, and our experts at InsideCasino are more than familiar with how they work, alongside the many variations that casinos have come up with over the years. We like great deals as much as you do, which is why you can trust us when we recommend cashback bonuses from certain casinos. We can attest that they are the best we have found in Canada.
As the name implies, online casino cashback is a bonus that gives you back money from your time playing at the online site. Compared to a deposit match bonus, these bonuses aren’t super common among casinos but aren’t too hard to find if you know where to look.
The casino sites offering cashback bonuses might seem like an act of goodwill to their players, and in some cases, it is. But cashback bonuses have the same goal as all other casino bonuses, to encourage players to spend more money on the site.
Like other casino bonuses, the cashback rewards basically give you free money to on a gambling site (how much of it you actually get to use will be explained later). As such, there is little reason to not claim a cashback reward when one shows up.
Casino cashback offers work in a similar way to deposit match offers, in that it gives out casino credit, making use of a ‘bonus money’ balance that is separate from the one that holds your real money deposits.
As the name suggests, a cashback offer gives you money back based on a percentage of the real money wagers that you lost. This money is placed into your casino account’s balance and will be used first when you make a wager on a casino game.
Like any other casino deal, cashback deals from casino websites in Canada can and do vary quite widely. One scroll through our recommended cashback casino deals in the list above should serve as a good example of this.
In some cases, casinos can give players more than one cashback offer. Nomini is one such casino that has this; in addition to their weekly cashback reward of up to 15%, new players on signup can opt to claim an additional 10% cashback up to C$300 as their welcome bonus or a live cashback bonus of 15%.
Claiming a casino cashback bonus is quite easy, in fact, some cashback bonuses at some sites are activated automatically. For the ones that need to be claimed manually, though, we’ve listed the steps to do it below.
Cashback bonuses have certain terms and conditions that affect their value to the player and set them apart from bonuses of competing sites. Some of the T&Cs you will typically find are:
Cashback frequency refers to how quickly you can claim your cashback, and in turn, how much of your playtime the bonus will cover for it to count towards your cashback. This frequency is typically either weekly or daily.
One example of a weekly cashback bonus is available at Nomini, while a daily cashback bonus can be found at Fortune Panda Casino.
As the name implies, the cashback percentage is how much of your losses you will get back through the cashback bonus. Depending on the casino, these percentages can either be static or be put on a sliding scale.
For instance, 4kasino has a cashback offer with a fixed 5% daily cashback.
King Billy Casino, meanwhile, has a cashback reward that is tied to their player loyalty program. While its starting rate of 3% seems low at first, this only really applies to new players, and anyone who has spent some money at the casino will quickly be upgraded to 5% and higher tiers, all the way up to 13% at the top VIP level.
The minimum cashback sum works in much the same way that minimum deposits & withdrawals do, another offers.
For instance, the cashback bonus at 4kasino has a minimum cashback amount of C$20. This means that, for a cashback percentage of 5% daily, one will need to wager C$400 in order to clear the minimum cashback requirement.
Whether you like it or not, even the portion of the lost wagers you recouped from the cashback bonus does carry wagering requirements. This means that you will need to spend some portion of your cash back before you can withdraw the money and any winnings you made from wagering it.
Divas Casino is an example of a casino site with a wagering requirement on their cashback bonus, requiring players to wager 35 times the cashback amount before they can cash out the bonus money.
Fortune Panda Casino takes things a bit differently with their no-wagering cashback bonus, so when you get your cashback bonus, you get to use it like actual cash, when you want and how you want.
We at InsideCasino like a great cashback bonus just as much as you do, which is why we’ve put our industry experience to scouring the Internet for the best casino cashback bonuses that Canada has to offer.
One of the best casinos with a cashback bonus we have found by far can be found at Fortune Panda. The casino site boasts a very competitive 7% daily cashback bonus that players can start accumulating as soon as they complete the sign-up process.
But Fortune Panda’s cashback bonus stands out in two particular ways; first, that cashback percentage can rise up to 15% thanks to their accompanying loyalty program. And second, all cashback money is given to the player with no wagering requirements.
While the cashback bonus does help you extend your play time, even by just a bit, it is important to remember that the bonus is a promotional tool, so players should still remember to gamble reponsibly. Schemes like VIP programs giving higher cashback percentages are implemented at the same time to entice players to deposit more money to try to reach the needed VIP tiers.
Your personal finances should always be your top priority when gambling. Only spend what you can afford to lose, and avoid spending more to chase a bonus or a loss.
Cashback bonuses are a great way for Canadian players to recoup some part of their losses, which can be seen as a fairly strong act of goodwill from the casino site. However, their many terms and conditions hamper their value in a way that is not immediately obvious to most players. This guide should hopefully help teach players to manage their expectations when it comes to casino bonuses like these.
Cashback bonuses are only one of many kinds of online bonuses, which naturally means that some players will find other bonuses more agreeable to their needs. If you still aren’t quite sure if a cashback bonus is worth claiming over a different one, we’ve outlined the core cashback bonus pros and cons below.
Casino cashback is a type of casino bonus that gives players money back a percentage of any losses accrued while gambling.
To get cashback, players will need to claim a cashback offer from the casino, which can be provided either through a welcome bonus, a loyalty reward or a standalone bonus offer.
Depending on the casino’s policy, cashback offers can range from 5% to as high as 15% of your losses.
Although there are some casinos that offer cashback with no wagering, most casinos in Canada will require this.
All cashback bonuses are technically given out as play with real money. However, the cashback money is often subject to wagering requirements which usually means players will burn through that money before they can withdraw even a single dollar.