Best Casino Cashback Bonuses for Canada
Online casino cashback is quite popular today, especially on weekly game picks. The craze for cashback bonuses is an attempt by casinos to persuade clients to sign up and play more. A casino cashback bonus covers some of your losses while participating in gambling.
Our guide will show you how cashback bonuses work, why this is important, about types of cashback, and their advantages and disadvantages. Let’s kick off with the best casino cashback bonuses in Canada in 2024.
What is the Casino Cashback Bonus?
Cashback is money/funds credited to your bonus balance by your online casino as compensation for your losses. Most of the casinos’ cashback offers mature every week, but to qualify, there is a minimum set limit you must spend. Signing up for an online casino with cashback is an excellent way to pillow you against disappointing losses. It’s especially popular with operators like this:
- GGBet Casino
- Lemon Casino
- ICE Casino
- 888 Casino
- PlayOJO
- Vulkan Vegas
- All British Casino
- Party Casino
How Does Cashback Work in Online Casinos?
If you are confused about how cashback works, don’t worry, it is easy as we will show you. In most online casinos, cashback bonus is calculated in terms of percentage. Let’s say you gamble in a casino that offers 10% cashback and within the week you lose $500, then your cashback bonus will be $50. If you choose, 888 Casino, for example, you must deposit $50 and play with it to qualify for $10 up to $150 for your losses.
Why Get a Cashback Bonus?
Casino cashback offers provides to reward gamers for their loyalty. It also encourages players to play consistently because they are assured of a weekly cashback. It can be especially beneficial if you are on a losing streak, as you are sure to bounce back after the cashback reward.
Pros and Cons of Casino Cashback Bonus
Advantages
- Cashback bonuses reduce losses by compensating a portion of your funds
- You get extended playtime via the bonuses
- Cashback rewards have low or no wagering requirements
- You can easily and directly calculate your cashback bonus
- Cashback will help you master skills in gambling through extended playtime
Disadvantages
- Cashbacks are only available in specific games
- It is not available in all casinos
Types of Cashback Bonuses
Daily/Weekly/Monthly Cashback
The difference in daily, weekly, and monthly bonuses is their maturity. You can claim daily cashback on losses incurred in a day while weekly cashback is calculated over the losses suffered in 7 days. For monthly cashback, you get a predetermined percentage of your losses at the end of the month.
Cashback on Specific Games
You can only get cashback for losses on specific games.
Short-term Promotion Cashback
Short-term promotion cashbacks are rewards for a limited time and are stricter than other cashbacks. For example, your casino may offer a cashback that only lasts during the Christmas period.
On All Loses
This cashback is offered on all games played without any restrictions.
VIP Cashback
It is part of a casino’s loyalty program, and the more you play, the higher your chances of qualifying for the loyalty program.
Cashback Terms and Conditions & Wagering Requirements
Cashback T&C are rules governing the qualification and award of bonuses. You can always benefit from cashback if you follow the set rules religiously.
Unlike other bonuses, cashbacks are easier to claim because they are non-withdrawable — you need to play with the bonus. Wagering requirements are terms that guide you on the rules you follow to qualify for the bonus.
FAQ
- Why Do Online Casinos Offer Cashback Bonuses?
Online casinos offer cashback to compensate for losses incurred and motivate you to continue playing.
- How to Claim a Cashback at Casino?
It is a must that you opt into the promo and follow your casino’s rules as they differ from one casino to another.
- How Much Do I Have to Bet to Get a Cashback Bonus?
There are no specific slots you should play to get a cashback bonus — you should check the casino’s terms of qualifying for a bonus.