What is a cashback casino bonus?
You might already be familiar with the financial term "cashback" used by several credit card companies and shops. The term was first introduced to describe the concept of when a buyer of a product or service gets some money back after a purchase. The amount that is paid back is normally calculated as a set percentage of the order value – for example based on a credit card deal.
This concept is the base of online casino cashback bonuses. But with a casino cashback bonus, you get a set percentage back on your gambling losses. This can be anything from 1% to 50% or more, but 10% is quite a standard offer.
If you lose €100, you will get €10 added back to your account and end up losing "only" €90.
Cashback bonuses come in many different shapes and sizes. Some casinos offer them as one-off promos from time to time, some only give cashback to VIP players, while others have a "cashback policy" on all losses for all players. If the latter is offered, you can expect to get a weekly or monthly cashback added to your account – if the terms and conditions of the bonus are met.
Typical terms and conditions of casino cashback bonuses
Exactly how much you get in cashback, when you get it, and why, depends on the terms and conditions of the bonus. They can vary a lot from one casino to another, but these are some typical terms to be aware of:
- The cashback percentage: The percentage which the cashback is calculated on (for example 10%).
- Minimum loss: The minimum amount the cashback is calculated from (for example €100).
- Maximum cashback: The cap of the maximum amount you can get back (for example €500, which would require a €5,000 loss with a 10% cashback).
- Validity period: How long the cashback amount is available for and has to be played through by (for example 24 hours or 7 days).
- Wagering requirement: How the bonus has to be wagered before potential winnings can be cashed out. Some casinos give the cashback as wager-free money that can be spent and withdrawn as you wish, while others require you to wager the money a set amount of times (for example x10).
You can learn more about wagering requirements in our dedicated guide to WR.
How we find cashback bonuses
In order to ensure that you get a good cashback deal, it is important to pick a safe and fair cashback casino to play at. This might sound easier said than done, but with our help, you can take your pick from the very best cashback bonuses.
Here at Bonus Focus, we have a dedicated team of casino experts who work day in and day out to gather all the casino bonuses available.
When searching for the best casinos with cashback, we of course take a close look at the terms and conditions of the cashback deals, as well as the casinos offering them. We also look at payment methods, games offered, customer support, and more to help you make an informed decision when choosing a casino bonus to claim.
How to find the right cashback for you
We know that everyone has different preferences, and that is why we like to offer you with a range of options instead of just one recommendation. And in order to make it even easier for you to find exactly what you are looking for, we offer different filtering tools and sorting options that you can make use of.
To find the best casino with cashback for you, simply start by checking the casinos and bonuses recommended on this site. In the lists, you can add filters to narrow down your search and sort the list based on different criteria such as the newest or highest rated options. By making use of these tools, you get a curated list that fits your needs.
Once you have a few options to choose from, you can learn a bit about each offer from the information box available. This way, you can compare the options based on similar information. Once you have found something to your liking, you simply need to open the casino to register an account and get started.
FAQs
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Anita is a full-time content writer from Norway, living in sunny Spain. She holds a Journalism BA honours degree from the University of Roehampton and has been working with online content for more than a decade. For the last few years, she has specialised in online gambling, creating content for casino-related websites. From this work, she has acquired an expert understanding of online casinos and betting sites. Her aim is that she can share her knowledge with casino players looking for information that is objective, honest and easy to understand.
