Online casinos have to get creative when it comes to offering an enticing reward structure that’s also meaningful to their players. Unlike land-based casinos, they can’t hand out gifts or offer their players VIP treatment.
However, they can reward the players for spending money, and that’s exactly what you get with casino cashback. Find out all you need to know about cashback casino bonuses right here. We’ll also explore the best casinos with cashback Canada has to offer.
Imagine getting your lost money back after having a great time playing your favourite games. Well, as there is not always luck or huge winnings in online casinos either, it is worth getting a bonus cashback in Canada.
If you are one of these players who want to recover part of your losses, then stay on this page and learn how to use cashback bonuses. In addition, we have a few promotions and casinos that we would like to recommend to you as we have tested them ourselves at Casinoble.
First Deposit Matched Up To CA$200x10 Wagering | 18 + | New customers only... New customers only. Opt-in required. 100% Match Bonus up to €100 on your first, second and third deposit of €5+. 50x bonus wagering applies as do weighting requirements. Debit Card and PayPal deposits only. Irregular gameplay may invalidate your bonus. | T&C apply
If you enjoy playing online casino games it’s probably also safe to say you enjoy cashback rewards.
Sometimes different sites and places for online gaming have different ways of offering cashback, but in its most basic form, cashback is pretty simple.
Here is a step-by-step breakdown of casino cashback.
Casinos like to offer their players rewards as a way to keep them playing.
It gives the player an opportunity to play, and it gives the casino more chance to earn more money.
There are several types of rewards that a cashback casino can give a player to incentivize them to keep playing which include real cash, bonus funds, or free spins.
All of these types of rewards are credited to a player’s account as a way to keep them playing.
This casino cashback rewards the player without giving them any bonus money that can be withdrawn.
This ensures that the player won’t be awarded cashback and then put that reward in their pocket and go home.
As previously mentioned cashback offers can take a variety of forms and options.
They can also be offered as a rebate to a player when the player loses.
Why would a casino offer money to a player after they lose?
This is a way for the casino to ensure that there is still some money in the player’s account and that they continue to play.
An example of a typical cashback rebate may look something like this: a casino game might tell a player that if they deposit $100 now, then they will get 10% cashback.
Another example might be if a casino offers a player a certain percentage of the money lost at the end of the week.
For easy math let’s say this percentage is 5%.
If you lost $200 in one week with a 5% cashback offer of losses at the end of the week, then the casino would award you with $10.
However, the casino wouldn’t simply send you a check for $10, but they would instead credit a player’s gaming account with $10 of free play.
Casino cashback that involves real money is quite rare to find in most casinos, but some casinos do actually offer real money cashback casino bonuses.
The casino’s reasons for offering cashback could vary from rebating a player’s losses or allowing for more deposits.
Whatever the specific reason for real money cashback, the process is pretty simple.
The casino will credit your account with a certain amount of money.
The difference with a real money offer is that you can withdraw this amount from your account instead of just spending it on more games.
Because of a player’s ability to withdraw on this offer, the awarded amounts are usually pretty small.
However, if the casino is offering a cashback based on percentage then the more you put in and play with the more you should expect to get back.
This is the much more common cashback offer that most casinos will provide.
This offer isn’t much different from most standard welcome or reload bonuses offered.
Most of the time the system is set up to where if you deposit a certain amount of money the casino will then match it or offer you a percentage.
Usually, there is almost always a strict requirement that doesn’t allow the player to withdraw the credited amount awarded to their account.
Free spins are usually an offer you will see with the slot machines.
Sometimes with this offer, you may be awarded free spins and a cashback deal, but the cashback deal is usually just more free spins.
This offer can be a little misleading as it isn’t technically cashback since you don’t really win any cash.
When you see this offer at a slot machine, just be aware that you probably won’t actually be awarded any real cashback bonus no matter how much or how long you play.
You earn cashback as a percentage of the money you’ve played with which is credited to your account.
These amounts are not paid automatically as they sit in your account until you withdraw them.
The answer to cashback being better than a traditional bonus is dependent on your frequency as a player.
If you play regularly then the percentage you get back will add up pretty quickly.
If you only play occasionally, then the small percentage will take more time to add up and be worth the money spent playing.
You are eligible to receive cashback when you adhere to the casino’s specific standards or guidelines for their unique cashback offer.
Some of these standards include depositing a certain amount of money, playing certain games, or deciding not to claim a traditional cashback bonus.
While your cashback usually sits in your account until you withdraw the amount there may be a time limit placed on when you can withdraw, so make sure to check that before you play into the cashback scheme.
When the casino is being honest about their cashback it genuinely means you’re getting a reward.
It’s a pretty good deal when you get back a percentage of what you’ve spent playing even if it’s not that much in return.
The nice thing about cashback rewards is that you can claim them instantly.
With real cash offered the amounts are relatively small.
Some games come with a cashback value of 5%.
So, to get $10 back you would have to have spent or played $2,000.
Some casinos may offer 25%, but only on deposits.
This is another way for casinos to ensure you are putting more money in.
When cashback value is too low, it might make more sense for you to look into new casinos with standard bonuses such as the no deposit bonus.
Since different casinos offer different kinds of cashback rewards it’s important that you check with your casino about their specific cashback terms and conditions to know exactly what you’re getting.
Some of the standard terms include entering a relevant promo code to receive cashback, that players must be over 18, and that a maximum amount of cashback per player.
Always remember that you are bound by the casino’s terms and conditions so make sure to check all the details of the specific deals the casino is offering.
Online casinos offer cashback rewards based on the amount of money you’ve deposited or money spent. It’s usually refunded to the player in the form of a promo code that needs to be activated.
Usually, cashback rewards range from 5% to 25% of the money spent. The lower the cashback rate, the more you’ll have to play and keep spending to get back a noteworthy amount of cash.
Loyal punters can make the most out of cashback offers, and usually, they’re the ones who are eligible to receive cashback rewards. Unlike welcome bonuses used to entice new players to deposit real money, cashback offers are aimed at loyal players and user retention.
No, you’ll have to withdraw it yourself. Cashback bonuses are deposited into your casino account, so it’s up to you to either withdraw them or use them to keep playing. Casinos that allow you to withdraw real money are quite rare and their rates are much lower, but they do exist.
Yes, they can. Like most other casino rewards, cashback bonuses have an expiration date. Make sure to find casino-specific information regarding cashback rewards to avoid losing out on your bonus.