Best Casino Cashback Bonuses 2023
Our iGaming experts have gathered the highest quality cashback bonuses for you in this post. At the same time, we’ll cover all the associated details such as how they work, the best online casinos to find them, and the important terms.
Top Cashback Bonus Casinos in Canada
What Cashback Bonus Is?
As the name suggests, a cashback bonus is where you get “cash” back to your casino account. Of course, it’s online casinos we’re talking about so you won’t get literal cash in your hands. Depending on what type of bonus it is, you may get to withdraw the funds from your account or use them to play the available games.
In the coming sections, we’ll go more in-depth regarding the details of this bonus type.
How Do Casino Cashback Bonuses Work?
In most cases, a cashback casino bonus only comes after you’ve deposited. So, there’s no such thing as a no deposit cashback bonus. As long as you live up to the terms and conditions of the bonus, the casino cashback bonus is credited to your account, be it in the real money account or the bonus account.
How to Choose the Right Casino Cashback Bonus
How to find the best casino for cashback bonuses, you ask? Well, we can share some tips to make the journey more enjoyable for you.
- The online casino cashback bonuses must come from licensed operators, even better if it’s in your resident province.
- The casino should have a positive track record and good reviews from real players.
- For all bonuses including the casino cashback offers, the wagering requirements should be manageable.
- The casino should offer 24/7 customer support to resolve issues promptly.
- You should get multiple online payment methods for deposits and withdrawals.
Types of Cashback Bonuses
Just like the rest of the bonuses at online casinos, a cashback casino offers a bonus in many forms. While the end result of them all might be the same, the specifics vary quite a bit. Let’s get you familiar with the different types of cashback offers in Canada.
Monthly Cashback Bonuses
Many online casinos offer a fixed cashback percentage of your monthly losses or deposits. Usually, you get the bonus credited to your account within the first week of the following month.
This is by far the most common type of cashback bonus at online casinos. Usually, the week starts on Monday 00:00 and ends on Friday 23:59. You get the bonus credited the following week.
The same concept as the monthly bonus applies to this casino cashback but on a daily scale. Daily cashback bonuses offer an excellent opportunity to build up your bankroll. Not all operators have the luxury so this type is a bit rare. But Canada has some gems that we’ve already listed for you.
Many casinos don’t have evergreen cashback promotions which means you get a small window to claim them. You either have to keep an eye on the promotions page or the casino will email you the details.
Cashback on All Losses
What if you could claim a cashback bonus on your lifetime losses at a casino? It typically happens when you spend a lot of time and money on a casino to qualify as a loyal player.
Cashback on Deposits
Unlike loss-based cashbacks, these bonuses come against your deposit. Think of deposit match bonuses but on a smaller scale. That’s your deposit cashback offer. They usually have wagering requirements.
Exclusive Live Casino Cashback Offers
As the name suggests, live casino cashbacks are offered against your losses on live dealer games. They’re quite rare in Canada as well as in the rest of the world. Hence, they’re “exclusive” in most cases.
Typically offered on specific games, you can convert rebates into real money by playing those games. It’s a unique version of a cashback bonus we know and it’s certainly enjoyable.
Many online casinos in Canada offer VIP programs to appreciate regular players. If you become a part of a VIP club, you can often enjoy a cashback casino bonus that offers more in return than regular bonuses.
Step-by-Step Guide to Claim a Cashback Bonus
Similar to any other bonus, there is a process for claiming a cashback offer at online casinos. While it’s not rocket science, failing to follow the process will lead to a missed bonus. So, let us help you in this quest.
- Choose a casino: Of course, the very first step to claiming any cashback bonuses is to choose a good casino that offers it. Keep our tips in mind when you go through the list. We also have a section coming up explaining how we rank the best casinos.
- Review the terms and conditions of the bonus: Before depositing, check the T&C section of the casino cashback offers to see if you can complete them. There’s no point in claiming if you can’t get your hands on the bonus, right?
- Sign Up: After the terms check out, sign up for a real money account by providing your personal details. Also, verify the account with appropriate KYC documents while you’re at it.
- Activate the bonus: If it’s not an automatic bonus, the online casino cashback will specify how to activate it. Follow the on-screen instructions to activate and enjoy the cashback offer.
Common Terms & Conditions for Cashback Bonus Offers
Ah! The terms and conditions. If you know anything about casino bonuses, you know about the terms. The cashback casino online bonus at a casino in Canada is no different. In this section, let’s shed light on these terms so that you don’t miss out.
In gambling terms, “wagering” simply means playing the games with real money. If the wagering requirement says 50x, it means you have to play through the bonus 50 times before you can withdraw the money. So, for a C$100 bonus, the wagering would be C$5,000. Usually, only the deposit casino cashback bonuses in Canada have wagering.
Cashback bonus offers almost always have a cashout limit, also known as maximum cashback. For example, the T&C might mention that you can win 20% of your losses back, up to C$50. That means your cashout limit is C$50.
For deposit casino cashback offers, you must complete an initial deposit. And how low you can go will be determined by the casino’s terms and conditions. Typically, you can expect a minimum deposit limit between C$10 and C$20.
Last but not least, all bonuses expire. When you claim a cashback bonus at Canadian casinos, make sure you identify the expiry date. If you think the time to wager the bonus is too short, you can look at other options at other casinos.
New Online Cashback Casinos in Canada
The best thing about the iGaming industry is that it’s always expanding. In Canada, provinces are imposing new and friendly regulations to invite more international operators. As you’d expect, it’s working!
In recent months, a lot of new online casinos have started accepting players from Canada. And new online casinos mean new cashback bonuses!
What are Cashback Casino Bonuses in Live Casino?
Cashback bonuses are usually credited against losses, regardless of what games you lose. Live casino cashback, on the other hand, is exclusive to live dealer games such as Roulette, Blackjack, Baccarat, or Poker. In some cases, you may only get the option to use the bonus on live dealer games. Make sure you read the terms before claiming.
How We Review Cashback Bonus Casinos
If you’re wondering where all the cashback casinos came from in our list, you’re about to find out. We’re about to discuss the most important criteria that go into our ranking for the best cashback bonus casinos in Canada. If anything, it’s an inside scoop from our experts.
Online Casino Legality
Online gambling is all about enjoying yourself while keeping safe. The first step to ensure that is a license and legality. The casino you choose must be legal in your jurisdiction and it must be licensed. For example, casinos cashback in Ontario must be licensed by the Alcohol and Gambling Commission of Ontario (AGCO). In other provinces, licenses from the Malta Gaming Authority and Kahnawake Gaming Commission are valid.
Then there is eCOGRA, a London-based testing agency that verifies the legality and fairness of games and best cashback casino bonuses.
Players Information Protection
Casino Bonuses Except for Cashback
Of course, cashbacks are awesome. But there are more bonuses to enjoy at an online casino. So, when we rank the best operators in Canada, we’re focusing on the other bonuses besides the cashback as well.
Cashback Casino Bonuses on Mobile
In this day and age, sitting in front of a computer doesn’t make much sense when you have powerful smartphones in your pocket. Cashback casinos have also come a long way in terms of mobile compatibility and it shows in our list.
Real-Life Examples of Players Benefiting
At the end of the day, what matters the most is what real players think about a casino. So, when we rank the brands for our readers, we take real player reviews very seriously. The casinos you see on our list have a proven record of benefiting players.
Deposit and Withdrawal Options
Whether it’s a loss-based cashback or a deposit cashback, you’ll need valid online payment methods to work with it. The casinos you see on our list offer safe, reliable, and common online payment methods available in Canada.
Available Casino Games
Of course, how can we not worry about the games? After all, everything you do at a casino has something to do with the games. Our goal is to provide you with a healthy balance of slots, table games, and live dealer games.
Last but not least, the customer support. What if you’re playing at 3 AM and the bonus doesn’t work? You’ll want it sorted right away, right? That’s why we try to include the best cashback casinos as possible where players can get 24/7 support via multiple channels.
Pros and Cons of Casino Cashback Bonuses
Before we wrap this guide on cashback bonus in Canada, it’s only fair that we summarize the pros and cons. Although we’ve discussed a lot of details about these bonuses, an objective list of pros and cons should help you narrow down the options.
|✅ A bonus is always good news for your bankroll||⛔ Compared to other bonuses, the value is lower|
|✅ Loss-based cashbacks don’t have any wagering requirements||⛔ May be limited to a few games losses only|
|✅ A great chance to recover losses||⛔ May promote irresponsible gambling|
|✅ Simple to claim and straightforward T&C||⛔ Withdrawals and maximum winnings are limited|
|✅ You get to play for longer compared to only your bankroll|
Navigating through the realm of online casinos in Canada reveals a variety of cashback bonuses, each with its own allure. Choosing the best cashback bonus casino could significantly cushion any losses and extend your gameplay.
As you saw in this guide, understanding the mechanics and terms of these bonuses is key to a good time. It’s a savvy move for any gamer looking to get a little extra. With the right choice, the sting of loss can be softened, making your online gaming experience in Canada more enjoyable and potentially more rewarding. Now, with a clearer insight, you’re well-poised to make a well-informed choice.
Well, they are not necessarily better. They’re just different from regular bonuses such as welcome offers, free spins, or reload bonuses. Cashbacks surely feel better because you typically don’t expect them. One good aspect of loss-based cashbacks is that there are no wagering requirements in most cases.
Yes, the ability to combine cashback with other casino promotions often depends on the specific terms and conditions of both the cashback offer and the other promotions. Some casinos may allow you to use cashback in conjunction with other bonuses, while others might have restrictions in place.
Cashback bonuses don’t have a dedicated legal aspect per se. As long as online gambling is legal in your province and you have access to licensed online casinos, the cashback bonuses that come with them are legal.
Yes, you can certainly win real money with cashback bonuses. Especially, when you get a cashback issued against your losses, the bonus is credited directly to your real money account. It means you can withdraw it right away.
It varies wildly from casino to casino. The most common is a weekly bonus. And you know that there are monthly and daily cashbacks too. There are no special requirements to qualify for a bonus other than losing real money.
Yes, cashback bonuses are available in all kinds of online casinos. Then again, these casinos are pretty similar in nature so you can expect a similar range of bonuses. If the casino offers a cashback bonus, you’ll find it on the promotions page.