Best Live Casino Cashback Bonuses
Online casinos offer bonuses to attract new customers and keep existing ones interested in their offerings. With these freebies, punters get a chance to make extra cash from gambling on the platform. Examples of such online casino bonuses are cashback offers. However, instead of making money with these casino bonuses, you curb your losses.
Basically, a cashback bonus is a percentage of the amount you lost when playing with real money on the gambling platform during a specific period. Some online casino sites could calculate these promotions based on the total you have spent on the platform, not just your losses.
All in all, cashback casino bonuses are quite lucrative, which is why they are quite popular on live dealer platforms. We have listed the best online casinos where you can claim a cashback bonus, but before going through our recommendations, you need a full picture of how these offers work. This detailed writeup discusses the types of cashback bonuses, how to claim them, and the conditions to look out for before accepting them.
Are There Types of Cashback Bonuses at Online Casinos?
Like deposit bonuses and many other casino promotions, cashback bonuses (also called rakeback promotions at crypto casinos) are available in different forms. There are casino cashback offers that you can claim only for playing specific live casino games. Some casino gaming sites offer these promotions for losses during certain time frames. Below are the types of online casino cashback bonus deals you can claim at our live casinos.
Welcome bonuses with Cashback
Most online casinos offer deposit bonuses like match-up deals and free spins as welcome offers. However, some operators include cashback deals in their sign-up bonuses. The bonus money is credited to your casino account based on how much you lose after playing with the welcome offer.
The exact cashback percentage you get depends on the live casino gambling site. Likewise, the operator will specify how you can use your cashback offer. That said, it’s important to read the terms and conditions of the promotion to know what you’re up against before claiming it.
Game-specific Casino Cashback Deal
Certain online cashback bonus deals apply only to specific games. For instance, you might only be eligible for a refund on losses from playing slot games or live casino games. If this is so, the operator will specify it in their bonus terms and conditions.
In some circumstances, the payback benefit is only applicable to net losses on games from a particular gaming provider. Certain cashback benefits might also be limited to games that accept cryptocurrency as in-game money.
Weekly Cashback
One of the most common casino cashbacks, these promotions are usually available as reload bonuses. The online gambling site calculates the cashback bonus offer based on the net losses you incurred from playing real money games that week. Sometimes, you get the bonus amount the following week, provided you meet every requirement.
Weekend Cashback Bonus
These cashback bonuses work similarly to the weekly cashback. Instead of applying to your losses that week, it applies only to losses you made on the weekend. For instance, an online casino could offer a 10% cashback bonus for losses that exceed $50 that you accrue from Friday to Sunday.
VIP Cashback Bonus Offers
There are live dealer casinos that offer cashback bonuses to VIP members. These VIP programs are usually level-based, and you climb to higher levels by accomplishing tasks on the site. Playing casino games for real money, making more than a certain deposit amount, and making withdrawals are examples of tasks that can earn you points on some sites.
As you progress through the levels, the casino bonus gets better. Likewise, there’s an increase in the cashback percentage. Some platforms offer lower playthrough requirements in addition to higher cashback percentages, making the bonus even more attractive to claim.
Terms and Conditions of the Best Cashback Bonuses
Like deposit or reload bonuses, cashback casino offers have terms and conditions attached. These terms are in place to ensure that you don’t abuse the bonus or get free money from gambling online. Without meeting them, you can’t cash out the bonus amount, and it becomes void.
Keep in mind that terms and conditions vary from one cashback casino to another. Some platforms have higher wagering requirements with longer expiration dates, while others won’t even have playthrough criteria.
Some of these requirements are easier to meet, while others are more difficult. That makes it important to read these conditions before claiming cashback offers or other bonuses. With this, you can determine if receiving that promotion is worthwhile.
On that note, here are the common terms and conditions attached to bonuses:
- Maximum cashback bonus
- Minimum loss amount
- Deposit limit
- Wagering requirements
- Validity period
Maximum Cashback Amount
Consider this scenario: 10% cash back up to $50. This means that the maximum cashback you can receive is $50, regardless of how much money you lost overall. Let’s imagine that a player has just lost $1,000 in a game. 10% cash rebate on net losses equals $100. Since the maximum cashback amount is $50, the player will still only receive $50, not $100.
The maximum cashback amount is not always a set dollar amount like $100. Sometimes, it could be just a percentage of the player’s total losses. In this case, there’s no maximum set amount, meaning that no matter how much you lose, you still receive the set percentage of the amount.
Minimum Loss Amount
Cashback bonuses have what is known as a minimum net loss stipulation, in contrast to deposit bonuses, which typically have a minimum deposit criterion. To put it simply, this cashback bonus condition can stipulate that only players who have sustained net losses for at least a certain time frame are qualified to receive the cashback bonus.
For illustration purposes, a common example might read: “10% cashback up to $500 on a loss of at least $50.” As a result, you will not be entitled to the cashback bonus if your total losses amount to less than $50. However, there are exceptions, and some cash-back bonuses have no such requirements.
Deposit Limit
In order to receive cashback from some casinos, players must first meet the platform’s specific deposit requirements. For instance, to receive the cashback bonus for a given week, the casino might require you to have deposited at least once during the previous week.
Sometimes, you have to have been actively using the site during that week. Depending on the casino you play at, this cash-back bonus condition may or may not apply.
Wagering Requirements
The best cashback bonus are those that are added to your real money balance. This makes it available for withdrawal without the need to meet any additional requirements. However, some online casinos credit your cashback to your bonus balance instead of a real money balance.
Bonus balance is different from real-money balance in that it cannot be cashed out or withdrawn. If you get your cashback deal as a bonus, you might come across wagering requirements. These tell you the number of times you must play through that bonus amount before the winnings become cashable.
For instance, a cashback bonus has a playthrough requirement of three times the bonus amount. Assuming you were given $10 in cashback, you would need to play through at least $30 before you could withdraw any of it.
Validity Period
Depending on the online casino, cashback bonuses could be credited to your gambling account as real money or a bonus amount. In the latter case, there might also be a validity period attached. During this time frame, you must use up these cashback deals or you’ll have to forfeit them.
Expiration dates could also determine how long you have to meet the wagering requirements. For instance, a casino gaming site might offer you a cashback bonus worth $50 with a 10x criterion that you must meet within 14 days. This simply means that you must wager the bonus amount 14 times before cashing out.
Finding and Claiming A Cashback Bonus
Cashback bonuses might not be as common as welcome bonus deals or other promotions in the online casino industry. However, many gambling sites have this promotion. As with many bonuses, cashback deals are attractive, especially if the platform offers you a high percentage.
However, you should always keep in mind that online casinos are not created equal. Some gambling sites have an impressive game selection but unfavorable terms; others might have better bonus terms and conditions but a small bonus amount.
Aside from the entertainment offerings, not all online casinos are safe. Therefore, you must be very cautious when choosing platforms where you can claim cashback bonuses and play live casino games.
We have saved you the stress of scouring the internet in search of these sites by reviewing and listing only the best live casinos. Our recommended platforms offer a pleasant online casino gaming experience thanks to what they offer. The following are some factors we consider before choosing the best cashback casinos:
Live Casino Games
Gambling online is about having fun, and one of the ways to do this is by playing games. That is why it’s important for a casino to have a plethora of games. Players should have access to an assortment of slots with different bonus features and great gameplay. These platforms should also cater to punters that enjoy RNG table games and live casino games.
Furthermore, we ensure that the gambling site works with only reliable developers whose games were created with honest random number generators. These titles must also be verified by independent bodies to ensure they offer a safe gaming experience.
Other Bonuses
Cashback bonuses are undoubtedly rewarding, but these should not be the only offers available on the gambling platform. An online casino should have multiple bonuses you can use to boost your bankroll. Below are some of these promotions:
- Welcome bonus: These offers are exclusive to players that register newly on the platform, and they can only be claimed once. Welcome deals range from deposit bonuses where you have to pay at least a certain amount to get them. They could also be no-deposit deals you can get without paying anything at the online casino.
- Reload bonuses: Unlike welcome offers, these bonuses are available for players that have deposited at least once at the online casino. Reload bonus deals could be match-up offers that involve the casino matching your deposit up to a certain amount. You might also get free spins to enjoy a few slot games on the platform.
- Free spins: With free spins, you get to enjoy a few rounds playing slot games without risking cash. These bonuses are sometimes standalone offers for existing or new players or could be part of another promotion. The online casino will specify the slot you can play with the bonus.
- Tournments: Online casinos also host tourneys you can particpate in for a chance to win different rewards. Some of these contests are held solely by the casino, others in partnership with game providers.
Licensing
One of the most important things to consider when choosing a casino cashback bonus is if the gambling site is regulated. A licensed online casino abides by rules set by the regulatory body to offer safe and fair gaming experiences to their players. If regulated by a prestigious licensing body, these sites must have undergone different processes to prove their worth.
Licensing information, along with the jurisdiction where the certificate is issued, is usually at the bottom of the casino site. Some platforms include these details in their “About Us” or “Terms and Conditions” page. With the license number, we can verify if the casino’s certification is valid by checking it out on the platform of the regulatory body.
Security
A license is only one of the things that prove the safety of an online casino. These platforms also have to employ other technologies to further safeguard their sites. One of such protocols is SSL.
This technology encrypts the information you reveal on the site. So, even if there’s a breach and third parties access your details, they can’t read them, making the information useless to them.
Mobile Compatibility
If you enjoy gambling on your smartphone or tablet, you’ll be pleased to learn that we recommend mobile-compatible cashback casinos. Most operators create their sites with HTML5, making it easy to adjust to different screen sizes. There are also online casinos with dedicated applications for Android and iOS.
We test out how well the games work on the mobile platforms before listing the online casino. Furthermore, we ensure that the platform has similar or even better offerings than its counterpart so that you don’t miss out on the fun.
How to Claim a Cashback Bonus
Claiming these bonuses at most online casinos is easy. However, before you can enjoy these offers, you must have an active account on the platform. Registration differs from one gambling site to another but follows the process listed below:
- Using an internet-enabled device, visit the gambling site.
- Select the appropriate option to register which is usually located at the top of the screen.
- On the following page, provide the necessary details. These could include your full name, email address, date of birth, and phone number.
- Submit the registration form.
The operator will notify you of a successful registration, after which you can fund your account and play live casino games. On some platforms, you must confirm your email address before funding your account. For this, the operator will send you an email with a confirmation link or one-time code via SMS.
After playing games with your money, you become eligible for the cashback casino bonus. However, as already noted, not every gambling platform calculates these promotions based on how much you lose. Therefore, read the conditions surrounding the offer to know how to claim it.
Withdrawing Your Cashback Bonus from a Live Dealer Casino
Remember that there might be cashback bonus terms you must deal with before cashing out your funds. Once you have accrued enough cash, withdrawing is easy, though this depends on the operator. Before cashing out, ensure to read and understand the operator’s conditions regarding payout.
On many platforms, you must verify your identity before your payment can be processed. For this, you must submit copies of documents that prove your identity, like a national identity card or a driver’s license. You might also be required to provide soft copies of a utility bill that’s not older than three months.
After verification, you visit the cashier section and select the withdrawal option. From the available payment methods, choose one you prefer. Enter the amount you want to take out and fill out other necessary details. After submitting your request, the operator will take a few hours or days to process your request. The time it takes your funds to reach you depends on the payment option you used.
Advantages and Disadvantages of the Best Casino Cashback Offers
Cash-back offers at most casinos are fantastic, and they can be especially helpful if you can verify that they are genuine. With these offers, you can reduce the impact of setbacks and, potentially, extend your game time. Furthermore, if there are little to no wagering requirements, withdrawing the bonus money is a breeze.
Unfortunately, cashback bonuses are usually only a small percentage of the initial investment. On that note, let’s list the pros and cons of claiming a cashback bonus.
Pros
- With this online casino bonus, you don’t lose completely.
- Online casino cashback bonuses are common on gambling sites.
- The best cashback bonuses have low wagering requirements.
- You can withdraw what you get from these promotions.
Cons
- The maximum cashback amount is usually a small percentage of your deposit.
- On most platforms, you have to lose to get a casino cashback offer.
FAQ
What is a wagering requirement in a cashback bonus?
The wagering requirement is a condition you must meet before the online casino lets you withdraw the winnings you made with the bonus. These vary from one site to another. Some have higher criteria, while others have lower ones you can easily meet.
Can I play games at online casinos with cashback bonuses?
With a good cashback bonus, you can play games at online casinos. However, this depends on the gambling site. Plus, operators will specify the exact casino games you can play with your cashback bonus.
Are there sports betting sites that offer cashback deals to players?
Aside from live online casinos, there are sports betting sites that offer cashback bonuses. However, these promotions are for wagering on sports events.
100% up to €500 or 5 BTC