Best Casino Cashback Bonuses in Canada

There are online casinos that strive to keep their clients happy and they’ve realized that sooner or later the initial welcome offer will expire or run dry. This is where a casino cashback bonus comes in handy. But what is a casino cashback bonus? This is a special offer provided by the online casino that you’ve joined and it’s essentially a bonus that refunds some of the cash that you’ve lost while playing. This bonus is quite popular at a handful of Canadian online casinos and it usually provides you with around 25% of what you’ve lost.

Top 5 Cashback Bonuses Casinos in Canada

Rank	Casino	Bonus	Visit	Info
1	TonyBet Casino	$2500+ 150 Free Spins	Visit Casino	Established in 2009, TonyBet make it with unique colorful style and one of the best user experience at the casino industry
18+ T&C Apply. Play Responsibly. Full Terms Apply. This offer is not available for players residing in Ontario.
2	Vegas Lounge Casino	50% CASHBACK	Visit Casino	50% Cashback promotion up to $400, which is higher than what’s generally offered
18+ T&C Apply. Play Responsibly. Full Terms Apply. This offer is not available for players residing in Ontario.
3	King Billy	$2500+ 250 Free Spins	Visit Casino	Welcome bonus and a 13% cashback offer without any wagering requirements or whatsoever
18+ T&C Apply. Play Responsibly. Full Terms Apply. This offer is not available for players residing in Ontario.
4	JackpotCity Canada	$1600+ 150 Free Spins	Visit Casino	Fantastic casino with over 550 slots games and a huge $1600 Welcome Bonus
18+ T&C Apply. Play Responsibly. Full Terms Apply. This offer is not available for players residing in Ontario.
5	Wildz Casino	$2000+ 200 Free Spins	Visit Casino	Wildz Casino offers Canadians some great banking options and low wagering on a solid Welcome Bonus
18+ T&C Apply. Play Responsibly. Full Terms Apply. This offer is not available for players residing in Ontario.

Best Casinos Offering CASHBACK Bonuses

If you’re looking for the best cashback bonuses, we’ve provided a list of online casinos that offer them. Check them out below:

How Do Casino Cashback Bonuses Work?

Players generally end up spending a lot of money at online casinos especially if there’s a VIP program in effect or some form of tournament. The cashback offer is usually provided in the form of a promotional offer and this is between 5% and 25% of the amount that you’ve lost over a particular timeframe (usually a week). The percentage of the cash that was lost will then be credited to your online casino account.

In some cases, you’ll be able to withdraw the cash; however, some online casinos will implement a wagering requirement that has to be met before you’ll be allowed to withdraw your cash. The bonus amount that’s provided by the casino can be concerning different timeframes, it could be a week, a fortnight, or a month – it all depends on the casino. Below you’ll find an example of how this works:

• If the casino offers a cashback bonus of 25% to the limit of $200 and you lost $200 in a week, you will receive $50. This amount will be credited to your casino account. So, if the casino has a limit in place of how much can be claimed in the form of a cashback bonus, you will only see the amount that’s on the limit or below.

How to Claim a Casino CASHBACK Bonus

Casino cashback bonuses can only be claimed once you’ve met a particular criterion, for example, you will need to deposit and lose a particular amount of cash before the casino awards you with a cashback offer. This is a bonus that essentially cushions the blow of taking many losses in a short timeframe. The amount that’s provided is based on a predetermined percentage and in some cases a set amount, and you will receive a portion of what you’ve lost.

At some online casinos, this offer will be exclusive to those that are part of the casino’s VIP program, which will encourage some players to spend more time at the casino to unlock this perk. The good news is that most casinos require you to wager real cash and take a few losses and you’ll qualify. This type of bonus is generally very attractive for those that spend a lot of money at an online casino.

What are the Differences Between Standard Bonuses and CASHBACK Bonuses

There are a few obvious differences between cashback and standard casino bonuses. Standard bonuses will usually require you to deposit cash to receive bonus cash or free spins. However, there are a few factors that make cashback bonuses much different from their standard counterparts. Cashback bonuses are designed for those that have already signed up and are in the process of taking losses at the casino while continuously topping up their casino accounts.

Cashback offers are only available in the form of cash and there aren’t additional offers such as free spins, and if there are, there are conditions that need to be met before this offer can be claimed. Cashback offers will also have shorter expiry dates and are generally only active for a short period, whereas standard bonuses will be active for a long time to entice as many clients as possible.

Cashback bonuses can also be seen as a form of insurance as it gives back a bit of what you’ve lost; however, some casinos only provide the cashback bonus in the form of credits.

What You Should Know Before Claiming the Casino CASHBACK Bonus

Cashback bonuses are hardly ever the same from one casino to the next and this is why it’s important to go through the terms and conditions of the bonus before getting excited about it. Some of the most common T’s and C’s include limits on the number of times the bonus can be claimed, the offer is voided if used with another bonus, a promo code needs to be provided, and you will need to be over the age of 18 to claim the offer.

It’s also important to understand that there are restrictions that come with this bonus offer. This means that there will be certain games that you won’t be able to play as they won’t apply to the bonus offer.

Final Thoughts

Cashback offers are great and while they might seem like a counter to taking losses, you will always be down against the casino as only a fraction of what you’ve lost will be returned. There’s also the possibility of falling into a trap and not being able to claim the offer as you didn’t meet certain requirements of the bonus. However, this is a great way to get some of the cash back that you’ve lost and there’s always the possibility of getting lucky and winning back everything that you’ve lost. Ultimately, there is a range of pros and cons that come with a bonus of this nature; however, it’s better than nothing. So, always try to find the cashback bonus that has the most to offer.

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