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Online Casinos » Online Casino Bonuses » Cashback Casino Guide – What is the Casino Cashback Bonus?

Cashback Casino Guide – What is the Casino Cashback Bonus?

February 21, 2023 by William M.

Although many people play for the love of the game, even more do so in the hopes of winning big, or at the very least filling their coffers with some hard-earned cash! This is why while many casinos are still offering the standard rewards and prizes that players have come to expect, there are an emerging number of new kids on the casino block who are upping their game by offering unbelievable cashback bonus opportunities to loyal patrons through Cashback Casino bonuses.

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What is a Cashback Bonus?

Like many things found in the online gaming world, the idea of the casino cashback bonus program first sprung from land-based casinos, where VIP customers could look forward to extra perks such as free room upgrades, meals, and other goodies. The truth is, as lovely as those things are, they aren’t the cold, hard cash that most players desire. So what is cashback bonus money?

The first thing that any discerning player needs to know is that an online cashback bonus or cashback program is different from the welcome bonuses that many online casinos offer. For some Cashback Casinos, the amount of cashback a player can earn from a cashback bonus is directly related to the amount of money they wager. These bonuses are paid out in cash directly to your online casino account and sometimes given out as credit towards more play. Indeed, different online Cashback Casino programs operate in dissimilar ways, but they all have one thing in common, you will receive ACTUAL, REAL money with no spending strings attached.

That said, the amount that one can earn by taking part in a Cashback Casino Program is not something that is set in stone and does vary from casino to casino and from one player to another. Indeed, it stands to reason that if you’re a high roller spending thousands a month, you’re obviously going to be entitled to a higher cashback bonus than the average Joe who strolls in occasionally and drops just a few tens. However, if you do your picking and choosing both carefully as well as wisely, you can get a cashback of anywhere between the 5-20 percent mark, however as aforementioned, sites that offer larger casino cashback amounts do usually require the player to make higher bets to claim the money.

How Casino Cashback Works

Casino cashback is a fun and exciting bonus offered by lots of great online casinos. These bonuses help you play for longer while spending less and are really easy to claim and use. If you’d like to know exactly how they work, we’ve created this short step by step guide for you: 

  1. You sign in to your casino account and make a deposit
  2. By wagering real money on games at the casino, any losses you make get counted up
  3. At the end of the week or month, the casino will use your total losses to payout your rewards
  4. If this is a loyalty cashback scheme, you can even increase the percentage of losses you get back by improving your player level
  5. Each week or month, you can check back to receive more rewards, provided you’ve lost over the minimum

How to Claim a Casino Cashback Bonus

Claiming your cashback rewards from a casino is simple, although the exact steps will depend on the casino you’re using. We’ve made this short step by step guide to give you more information and help you claim your cashback bonus:

  1. Sign in to your casino account
  2. Head to the promotions or my account page
  3. Select the cashback offer and then claim your rewards
  4. Note that you’ll only be able to claim if you’ve lost more than the minimum the previous week or month
  5. Next week or month, you’ll be able to claim the rewards again in the same way

Benefits of a Casino Cashback Bonus

There are loads of great benefits to a casino cashback bonus, including:

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  • Play for Longer While Spending Less – By making the most of regular cashback rewards, players can essentially play their favorite games for much longer all while spending less money.
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  • Get Part of Your Losses Refunded – No one wants to lose when they play at the casino, but it’s inevitable that you’re going to have losing days sometimes. Cashback rewards make those losses easier to take, as you know you’ll be getting something back later.
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  • A Reward for Loyal Players – Loyal players get rewarded with cashback bonuses and can regularly claim each week or month. Some casinos even increase the percentage of cashback that players receive if they play regularly and level up their accounts.
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  • Easy to Claim – Compared to some other casino bonuses, cashback is incredibly easy to claim. All you need to do is opt into the bonus and then claim it each week or month that it’s available.

What to Look For in Gambling Cashback Deals

Before you go looking for Gambling Cashback offers, you might want to consider this list of things to look out for:

Is the cashback offer a regular bonus or part of a loyalty reward scheme?

1.Is the cashback offer a regular bonus or part of a loyalty reward scheme?

A lot of cashback bonuses are part of loyalty or VIP reward schemes. For these, it’s often possible to gain higher percentages of cashback through leveling up your account. For example, the casino might offer 5% cashback at level one but 20% cashback at level ten

Are there minimum and maximum cashback amounts?

2.Are there minimum and maximum cashback amounts?

Most cashback rewards require the player to spend a certain amount in order to claim the rewards, and in addition, most will have a cap on how much cashback can be awarded. 

Is the bonus paid out in cash?

3.Is the bonus paid out in cash?

Ideally, you want your cashback rewards to be paid out in cash so you can withdraw them or use them however you want. Not all cashback rewards are available to withdraw straight away, but all good casinos payout them out in cash.

Have you read the full terms and conditions?

4.Have you read the full terms and conditions?

Before claiming cashback rewards, you should always make sure you’ve read and fully understood the complete terms and conditions. This way, you can be certain you’ll receive the full value of the bonus and avoid missing out.

Finding a Cashback Casino

Finding a cashback casino is simple, just follow these steps:

  1. Use our reviews and guides to find a casino offering cashback 
  2. Check the promotions page for up to date info on the bonuses offered
  3. Make sure that cashback is available, either as a regular bonus or as part of the loyalty/VIP rewards
  4. Read through all of the terms and conditions carefully before signing up to the casino

Casino Cashback Bonus Bonus Terms and Conditions

As with any promotion, one needs to read the terms and conditions applied to the Cashback bonus and make sure that the games you want to play, do actually pay. If Blackjack Online is your poison, make sure that it falls under the Casino Cashback umbrella before playing! Something worth remembering here is that games which don’t offer the casino much edge usually aren’t part of Casino Cashback deal. You should also keep in mind wagering requirements and whether or not there is a cap on your offer. The truth is that when it comes to caps, there is no hard and fast rule, and while some sites place the cap at $500 a month, others will only allow players to get a maximum of $100 back a month. Ultimately, the only way that one can know these things is if they read the terms and conditions as thoroughly as possible and go through them with a fine-tooth comb.

Cashback Casinos FAQs

How Can I Use Gambling Cashback to my Advantage?

The concept of gambling cashback is very simple and so can be easily used to your benefit. The casino cashback can be claimed from the money you have lost and then repurposed to try again, thus giving you a second chance to succeed at a cashback casino. Hence the casino cashback bonus is best utilized as a means to keep the on playing, without redepositing, using the same funds after taking a hit.Can I actually stick to this site long enough to fulfill the wagering requirements on a casino cashback bonus?

Committing yourself to a wagering requirement is no easy decision or one that you should take lightly. Once you’ve looked at an online casino’s cashback program and calculated how much you have to wager, it’s best to see if you and your pocket are up to the task at hand. It goes without saying that there is absolutely no point in you registering with the sole purpose of getting a cashback and then being unable to follow through. Other things that you should take into consideration are the casino’s games, overall design, and other fringe benefits that you will be able to enjoy if you sign upHow regularly does the site payout a cashback casino bonus?

Since every online site operates differently and has its own rules, you need to recognize what would make you comfortable as an individual. The fact of the matter is that while some Cashback Casinos offer weekly Cashback Bonuses, others operate on a more conservative monthly basis. The key here is to familiarize yourself with the timeline of the particular casino’s cashback program BEFORE you join. As the adage goes, there’s no point in crying over spilt milk or in this case, cashback casinos that don’t suit your pocket.Will a casino cashback bonus be a permanent fixture at casinos?

While some online casinos have integrated the gambling cashback feature as something central to their site, others have opted to make it available for a select few days a month. Furthermore, you need to watch out for the games which the cashback program applies to. If you’re looking for a regular cashback payout, steer clear of temporary programs and sites which will only offer you cashback a few times a year. Ultimately, it all comes down to you going through the terms and conditions as meticulously as needs be.

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Casino cashback works by essentially refunded players a percentage of the cash they spend. Just like cashback rewards at a store, the more you spend, the bigger the rewards you can get back. Most of the time, the offer gives you a percentage on all losses, rather than just on money wagered. For example, a site might advertise a cashback bonus deal of 10% back on all losses each month. If you wager $1000 and lose $100, you’ll get $1 back.

These bonuses are really easy to claim and even easier to use, with many online casinos paying them out as cash. That means that there are often no wagering requirements to worry about, and you can withdraw the cash straight away. Cashback is perfect for helping you have more fun while playing casino games online, letting you play longer while spending less.

If you want to make the most out of playing at the casino, you should check out some of our recommended online casinos offering cashback rewards. Be sure to read through the terms and conditions before you sign up and make sure you claim your bonus each week or month. 

At the end of the day, Cashback Casino programs are a way for you to recoup a percentage of your losses and if you use them properly, they will not only help cushion your bankroll from devastating losses, but they will also give you an extra incentive to play Online Casino Games more often. Visit our Online Casino Reviews page and find the right cashback casino for you.

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