.jpg)
Casino cashback bonus offers are becoming a lot more popular in the past few years and we’re seeing a lot of online casinos in Canada offering these types of casino rewards. For those who might not be familiar with this type of casino bonus, a cashback bonus essentially gives you some compensation for your losses during a specific period of time. Cashback casino bonuses in Canada are usually a percentage of your total losses and there’s a maximum amount you can get back.
Casino Cashback Bonus Offers Canada
Players' Choice
Legiano
- Best Cashback Bonuses
- Best Cashback Sites
- What is Casino Cashback?
- How Does it Work?
- +Types of Cashback Bonuses
- Best Casino Cashbacks 2023
- Cashback Bonus Codes
- +Cashback Terms and Conditions
- How to Claim Cashbacks
- Cashback Pros & Cons
- Other Casino Bonuses
- FAQs
Best Cashback Casino Bonuses in Canada 2024
The cashback casino bonus has become widely available in Canadian online casinos, but like any other bonus, not all of them are created equally. Some offer higher percentages or perhaps lower wagering requirements, while others might offer higher wagering requirements but fewer restrictions on which games you can play to be eligible for the bonus.
To save you some precious time, our team at Casino Bonuses Index has done all the research for you and compared a long list of different online casino cashback bonuses to find you the best offers to consider. The casinos that offer the cashback bonuses in the table below are also highly recommended, licensed online casinos which we can guarantee are safe and fair to play at.
Below, you can see all the best cashback bonuses you can get your hands on in Canada in 2023.
| Casino | Features | Cashback Bonus | Wagering requirements | Join Casino |
|---|---|---|---|---|
.png) |
| Up to 25% Cashback | No wagering requirements | Nine Casino |
.png) |
| Welcome Cashback bonus 10% + 10% Cashback on Blackjack | No wagering requirements | Lucky Dreams Casino |
.png) |
| Spinback Free Spins, 20% Cashback for Loyalty+ members | No wagering requirements | Wildz |
.png) |
| 30% Cashback up to $250 | No wagering requirements | Vegas Crest Casino |
.png) |
| 15% weekly Cashback up to $200 | 30x wagering | Need for Spin |
.png) |
| Daily Cashback up to 20% | 3x wagering | Crazy Fox Casino |
.png) |
| 10% weekly Cashback up to $1,500 on Live Games | 5x wagering | N1 Casino |
.png) |
| 10% up to $225 | 1x wagering | Legend Play Casino |
.png) |
| 25% up to $100 weekly cashback | 35x wagering | Andromeda Casino |
.png) |
| Up to 10% | No wagering | Emojino Casino |
.png) |
| Up to 12% (up to $2,000) weekly cashback | 5x wagering | Ice Casino |
.png) |
| Up to 13% weekly cashback | No wagering | King Billy |
Best Cashback Sites in Canada by Category
The table below will guide you to the best casino cashback offers by category, so you can choose a bonus based on what you’re looking for personally!
| Category | Offer | Casino |
|---|---|---|
| ✅ Best Daily Cashback | Up to 20% | Crazy Fox |
| 💥 Best Weekly Cashback | 15% cashback up to $200 every Monday | Need For Spin |
| ⭐️ Best VIP Cashback Bonus | Up to 12% cashback (Up to $2000) | Ice Casino |
| 🔝 Best Welcome Cashback Bonus | 20% cashback upon first deposit | Fortune Jack |
What is Casino Cashback Bonus?
.png)
Still wondering what a casino cashback bonus is exactly? This section will explain what this bonus is, how it works, and any other information you’ll want to know about casino cashback offers.
As we all know, it’s a fact that losing is always part of the gambling experience. Winning is never guaranteed and at some point, you’re bound to hit a dry streak in your game. Whether it’s a small loss or a big one, every player can agree that it would be great to get back some of those lost funds!
Instead of letting you walk away empty-handed; some casinos will compensate you for a percentage of these losses by offering a cashback bonus. You’ll never be able to get all your losses back in full, but if you can get some of them back, you’ll definitely want to take advantage of the opportunity!
Although casino cashback bonus offers have been popular for some time now, they tend to be a little bit overshadowed by the more popular bonuses like a no-deposit bonus or a low wagering casino bonus.
What some players might not realize, however, is that this is one of the best bonuses a casino can offer you because if you have an unlucky streak, you can get some of those losses back. The best part about this bonus is that technically, you don’t need to deposit anything to get it. Of course, you would have deposited and wagered a certain amount to be eligible for a cashback bonus, but it’s not a deposit that’s specifically made in order to be eligible for a bonus.
Another advantage of gambling cashback sites that you might not be aware of is that many of these bonuses come with zero wagering requirements or very low wagering requirements. If you look at the best cashback casino bonuses listed further above, you’ll see that most of these cashback casino sites have no wagering requirements for these bonuses or very low wagering like 3x or 5x your total bonus.
How do Casino Cashback Bonuses Work
Now that we’ve answered the question, ‘what is a casino cashback bonus?’, let’s go over how these bonuses work. To understand exactly how it works, you’ll first need to read the terms and conditions to get the necessary information about the bonus such as which games are eligible for a cashback bonus, the minimum you’ll need to wager to be eligible, and the period during which you’ll need to play to be able to claim a cashback.
Let’s say a casino is offering a 10% cashback on live casino games played between Monday and Friday when you wager at least $300 on the eligible games between these days. Now, if you’ve wagered $100 on live blackjack between the cashback period and lost a total of $50, then you’ll be able to claim a $5 cashback once the cashback period is over. Further on, we’ll explain the exact calculation you need to use if you want to calculate how much cashback you can expect to claim based on your losses.
What’s very important to note here is that a cashback bonus always has a maximum cap, which means that the amount you can claim back is always limited, regardless of the percentage that the bonus is giving. For example, if a cashback offer states you can get up to $100 in cashback, then this will be the maximum amount you can claim back, no matter how much you wager and how much you lose from those wagers.
For this reason, we strongly advise you to familiarize yourself with these limits because it will help you calculate how much you should wager for the bonus. If the limit is quite low, then it wouldn’t make sense to play big amounts if the cashback you can get is much lower. Of course, you’ll never find a 100 cashback casino offer which will give you all you’ve lost back, but you’ll want to look around for the highest cashback rates and the highest maximum caps too.
Unlike a Welcome Bonus, a casino cashback offer isn’t usually offered to encourage new players to sign up for an account, but to reward loyal players by giving them some kind of compensation for their losses when they play regularly at their casino. The frequency of these bonuses is usually weekly or monthly, but you can also find several daily cashback casino offers in Canada.
Because a casino cashback bonus is based on a percentage of your losses, the more you lose, the more you can get back. This is why online casino cashback bonuses are usually regarded as a bonus which gives high rollers an advantage, but these bonuses can be just as beneficial for more casual players too. After all, getting even a small amount of your losses back is better than getting nothing.
Casino Cashback Bonus Offers Canada
Types of Cashback Casino Bonuses
Like most bonuses, cashback casino bonuses do come in a few different types and it’s important to know what cashback bonus types exist to choose your bonus wisely.
Welcome Offers Cashback Bonuses
The first type of cashback casino bonus is the Welcome Offer Cashback, which is a type of sign-up offer that includes a cashback bonus as well, typically alongside a match bonus or a number of Free Spins. In this case, the cashback would apply to the losses incurred on your first deposit, possibly on your second and third deposit losses too. This type of cashback offer is only available to new players who create an account for the first time and make a deposit.
Cashback casino bonuses for Existing Players
If you’re already an existing player at one or more online casinos and you’re not interested in signing up with a new online casino just yet, chances are you’ll still be able to benefit from a cashback bonus. In fact, it’s much more common to find regular cashback offers for existing players, typically on a weekly or monthly basis. These are usually offered on a specific game or multiple games, or even game types, such as table games or slot machines, for example.
Cashback bonuses and Free spins
One of the best cashback casino bonuses you can get is a bonus that offers both cashback and a number of Free Spins. The Free Spins will usually be available to play on one or a few eligible games which are selected by the casino. Very often, these will be new games, so you’ll get the chance to try out new titles with your cashback bonus or your Free Spins. In addition, the Free Spins that come with this type of bonus package aren’t usually based on your losses; only the cashback is based on your total losses.
There are also a few online casinos which offer cashbacks in the form of Free Spins only, such as Wildz Casino, for example. This casino actually offers a unique type of cashback that can only be found at Wildz, known as a ‘Spinback’. With this bonus, you’ll get a number one Free Spin every time you get five consecutive losses in a row. The losing spins must be played on one game while the Free Spins are awarded on another, giving you the chance to try your luck on something else.
VIP Programs
A very common perk that you’ll see if you browse through several casino VIP programs is that depending on your VIP level, you’ll be eligible to get different cashback bonuses when you wager a certain amount. The best part is that cashbacks from VIP programs are usually progressive, which means that you can start with a 5% cashback and work your way up to as much as 25% cashback. The higher your VIP level, the better you can expect your cashback percentage to be.
VIP cashback casinos bonuses in Canada will obviously vary depending on the casino you’re a member oat, but they’ll be offered on a daily, weekly, or monthly basis. They might even be tailored to your gameplay history and once again, high rollers will have a little bit of an advantage here because if their VIP level is higher, the cashback limits will also be much higher.
Best Casino Cashback Offers by Games $2023
We’ve already mentioned briefly that most cashback offers are limited to specific games known as eligible games. In most cases, casinos won’t allow you to play certain games and then claim a cashback. Even more importantly, you’ll also notice that if you can play any game and be eligible for a cashback bonus (generally with a few exceptions), the cashback percentage will be calculated according to the game type.
Online slot games, for instance, might only be eligible for a 10% cashback, whereas table games will offer a 20% cashback rate. The cashback rate according to game type is something you’ll want to be aware of before you start playing because if you’re aiming for a cashback, you would need to choose games based on this information.
Below, we’ve listed a few examples according to different casinos and the cashbacks they offer on different game genres.
| Game Type | Offer | Casino |
|---|---|---|
| ♠️ Blackjack Table | 10% cashback | Lucky Dreams |
| 🎫 Bingo | 30% cashback up to $250 | Vegas Crest |
| ⚜️ Live Casino | 10% cashback up to $225 | Legend Play |
| 🎰 Slots | A Free Spin for each 5 missed rounds + up to 20% cashback for Loyalty members | Wildz Casino |
Cashback Bonus Codes
To claim a casino cashback bonus, a code might be required, depending on how the casino works. Bonus codes are quite common for any type of bonus, including Welcome Bonuses, Reload Bonuses, and Free Spins bonuses, but not every casino uses them.
If a bonus code is required to claim your cashback, the code will be clearly displayed on the bonus page and in the terms and conditions as well. In this case, you’ll need to enter this code when claiming your bonus, otherwise, you’ll miss out on the bonus. Remember that bonus codes are usually case-sensitive, so you’ll need to copy and paste the code exactly as shown on the bonus page.
Let’s take Andromeda Casino as an example of when you’ll need to use a bonus code. In this case, this casino is offering a 25% cashback bonus up to $100 on Saturdays. If you’ve qualified for this bonus, you can go to your account and find the bonuses section. Then, enter the code ‘LUCKYSPACE’ in the relevant field and click ‘confirm’ to get your bonus.
If you can’t see a bonus code anywhere on the promotion page, this means that no code is required. All you’ll need to do is opt in to the promotion by clicking the link on the page. Once you opt in, just follow the instructions on the page to get your cashback bonus. Some casinos will automatically add your cashback bonus to your casino wallet when you’ve opted-in and met the requirements.
Cashback Casino Bonuses Terms and Conditions
Whenever you claim any kind of casino bonus, there will always be terms and conditions attached and we can’t stress enough how crucial it is to read these well and make sure you understand what each term means. If you skip this important step, you might find yourself ineligible for a bonus you’re interested in claiming.
With that being said, let’s go over the most common terms and conditions that usually come with online casino cashback bonuses.
Game Requirements
Most cashback offers are offered on specific games, which means that you won’t be able to claim a cashback on losses incurred on any game of your choice. The casino will either list a few games which aren’t eligible for cashback promotions – which means you’ll be free to play almost any game of your choice – or provide one or a few eligible games. Sometimes, a casino cashback bonus is offered specifically on one game type, such as live casino tables.
Wagering Requirements
Not all cashback offers come with wagering requirements, but it’s very important to confirm this by checking the terms and conditions carefully. The wagering requirements may also be referred to as ‘playthrough requirements’, so if you come across this term at your online casino, simply note that it means the same thing.
As always, the lower the wagering requirements, the more favorable the bonus will be to you, but this is particularly true for cashback offers.
Let’s say you’re eligible for a $50 cashback and the wagering requirement is 5x. This means that you’ll need to wager a total of $250 to turn that $50 cashback into real cash that you can withdraw. Now, if you don’t get so lucky while wagering that $250, you’ll only end up incurring more losses, on top of the losses you’ve already incurred to be eligible for the cashback bonus in the first place.
Luckily, the majority of cashback casino bonuses in Canada come with zero wagering requirements, which is why these kinds of casino bonus offers are so popular in the first place! With no wagering requirements, you’ll be able to cash out your cashback instantly once you’ve qualified for it.
Cashback percentage
The cashback percentage is what tells you how much you can actually get back from your losses and you’ll need this to calculate exactly how much you can get back based on how much you lost from your total wagers during the promotional period. Besides the percentage, however, don’t forget to take into account the maximum limit that will be stated clearly in the promotion’s terms and conditions.
How to Figure your Cashback Bonus
To figure out your cashback amount, you just need to use a simple mathematical calculation. Follow the step-by-step guide below to calculate your cashback amount:
- Let’s say you’re going to claim a cashback bonus that offers a 20% cashback on a specific slot like Book of Dead.
- Now, let’s say you wagered a total of $50 and lost $30 of those $50. Then, divide 20 by 100 (20%) and multiply that by $30 (your losses). This gives you $6, which is the cashback amount you’ll get back.
- If you’re calculating a daily cashback casino offer, the calculation is exactly the game. Let’s say you lost a total of $100 in a day and the casino is offering a 20% daily cashback as well. In this case, the calculation would be 20/100 x 100 = $20 in cashback.
- Now, let’s take an example with the maximum cashback limit. In this case, you can use the same calculation but if your result is higher than the limit, then the amount you’ll get back will just be the maximum. Using the same example, let’s say the casino is offering a 20% cashback up to $100. If you wagered and lost $700, 20/100 x 600 would give you a cashback of $120. However, the maximum limit is $100 and since $120 exceeds that, you’ll just receive $100.
Withdrawals
The terms and conditions of a cashback bonus will explain exactly how to withdraw your cashback. As explained further above, you’ll either need to enter a bonus code to withdraw your cashback or you’ll simply need to opt in to let the casino know you wish to participate in the promotion. Don’t forget that if there are any wagering requirements, you’ll need to fulfill these first before you can request a withdrawal.
How to Claim the Best Cashback Casino Offer
.png)
Looking for the best cashback casino bonuses in Canada? Then follow our easy guide to claim a cashback offer at any online casino of your choice that offers this type of casino bonus.
- Choose one of the recommended gambling cashback sites and sign up for an account by filling in the registration form.
- Make sure you understand the bonus requirements as well as the terms and conditions.
- If required, use the bonus code when claiming your bonus.
- If no code is required, simply make sure you’ve opted in to receive the bonus and go ahead and cash out the bonus. Your cashback will be credited to your casino balance.
The cashback amount should appear in your casino balance instantly once you complete this process but as always, this depends on the specific terms and conditions of the cashback offer and the general terms and conditions too.
Cashback Casino Bonuses Pros & Cons
Should you consider taking a cashback bonus offer? Like any type of bonus or promotion, there’s always a catch, which means that you’ll need to weigh the pros and cons to make your decision. In the case of cashback offers, there aren’t many downsides to consider, but we encourage you to take a look at the pros and cons listed in the table below before you decide.
| Pros | Cons |
|---|---|
| You get compensation on a portion of your losses. | Maximum cashback is usually limited. |
| Very easy bonus to claim. | Cashback percentages can be low sometimes. |
| Great way for the casino to reward you for your loyalty. | You only get cashback offers when you lose funds. |
| Most cashback bonuses come with zero wagering requirements. | |
| You can get Free Spins after a number of losses. | |
| Cashback bonuses will help you avoid very big losses. |
More Casino Bonuses for Canadian Players 2024
A cashback bonus is just one of many casino bonuses and promotions you can find at Canadian gambling sites. There are several other types of offers that both new and existing players can find at most online casinos which we’ve listed below:
- No deposit bonuses – The no deposit bonus is undoubtedly the most coveted and sought-after casino bonus out there. After all, what sounds better than receiving a bonus without having to deposit a single dollar for it? That’s exactly what the no deposit bonus offers. This bonus is available to new players only and will either award bonus cash or Free Spins just for signing up for an account. The catch, however, is usually that the wagering requirements will be much higher than the average bonus wagering requirements, so you’ll want to consider this carefully before claiming such a bonus. In some cases, the wagering requirements can be as high as 200x the bonus amount received or 200x the winnings earnt from the Free Spins, which means that you’ll ultimately end up wagering a lot more than what the casino gives you as a bonus, making it an unprofitable reward.
- Welcome Bonuses – A casino Welcome Bonus is obviously the most common type of bonus because every online casino in Canada – and all over the world! – offers this bonus. Available to new players only, this is the casino’s way of rewarding you for choosing their casino over hundreds of others and typically consists of a match bonus, a number of Free Spins, or a combination of both. A match bonus is usually 100% up to a maximum amount, but there are also higher percentages that you can get as a new player which are explained in the following points. The Welcome Bonus also comes with wagering requirements, typically between 30x and 45x.
- 100% Bonuses – A 100% bonus is a match bonus that matches your deposit amount up to a maximum amount. As always, it’s better to understand how a bonus works by looking at an example, so let’s say that a casino is offering a 100% bonus up to $500. In this case, if you deposit $20, the casino would match that and give you another $20, meaning you’ll have a total of $40 to start playing with. If you deposited $100, you get a $100 bonus, so you’ll have a total of $200. Now, if you deposited $600, then the casino will only give you $500 since that’s the maximum amount the bonus offers. In this case, you get a total of $1,100 to play with.
- 200% Bonuses – This bonus works exactly like the 100% match bonus, but the casino will give you double the amount you deposited as a bonus. Let’s say you want to claim a 200% deposit up to $500. Using the same deposit example as above, if you deposited $20, then you would get a $40 bonus in this case, giving you a total of $60 to play with. If you deposited $100, you get a $200 bonus and a total of $300 in your balance.
- 300% Bonuses – Once again, this bonus is just like the two bonuses described above but with an even higher bonus percentage. In this case, for a deposit of just $10, you get a $30 bonus, making the total $40. If you were to deposit $100 with this bonus, then you’ll get a whopping $300 bonus, or $400 in total.
- 400% Bonuses – Finally, the biggest casino match bonus we’ve ever come across is the 400% bonus. Such a high match bonus isn’t that common across online casinos in Canada, but there are a good number of top-rated casinos which offer this huge bonus. Naturally, this bonus is offered with high rollers in mind because the higher your initial deposit, the higher the bonus will be. Once again, let’s say you deposit just $20. With this bonus, you’ll get an $80 bonus, making the total $100. Now, taking a $100 deposit as an example, a 400% bonus will give you $500, making the total $600 from a deposit of ‘only’ $100.
- Refer a friend bonuses – A relatively new type of bonus that’s becoming increasingly common at Canadian online casinos is the Refer a Friend casino bonus. Many casinos are establishing a referral program by rewarding existing players who recommend the casino to their friends. For the casino, this is always a plus because it means a new player on their site, but there’s also a lot in it for you. The way it works is simple; you refer a friend to a casino you already have an account with and if they sign up and make their first deposit, both you and your friend will receive a bonus! The bonus will either be an amount of bonus cash or a number of Free Spins.
With this kind of bonus, it’s even more important to read the terms and conditions carefully because there’s usually quite a lot of them and if you miss a small step, you’ll end up not receiving your bonus even if you’ve referred your friend. For example, there’s always a minimum deposit that both you and your friend must meet to be eligible for the bonus. There’s usually a short timeframe during which your friend must sign up and make their deposit once they’ve accepted your invitation to join the casino. Additionally, wagering requirements might always apply once you receive your bonus, so make sure to read those terms and conditions from start to finish before you refer your friend.
Cashback Casino Bonus Frequently Asked Questions
How does cashback work in casinos?
Online casino cashback bonuses are a type of casino bonus which gives you a percentage of your losses back, according to the terms and conditions of the cashback bonuses. A casino cashback bonus is a percentage, usually between 10% and 25% of your total losses. The total losses are also calculated on the period stipulated in the terms and conditions, such as a week, for example. Additionally, these bonuses also come with a maximum amount that you can claim back which doesn’t depend on your total losses. For example, a typical casino cashback bonus will look something like this: 10% cashback up to $500, which means that you can’t claim back more than $500. You might also find that the cashback bonus applies to losses on specific games only, so you’ll want to read the terms and conditions very carefully before you try to get a casino cashback on losses.
What is casino cashback bonus?
A casino cashback bonus is a type of reward that a casino offers to compensate you for some of your losses, up to a certain amount. This is a popular casino bonus because if you don’t get so lucky during your gameplay at a casino, you might be able to get some of those losses back. Usually, a cashback bonus gives you cash in your account which you can then use to try your luck once again (wagering requirements might apply), but in some cases, you might be awarded a number of Free Spins for your losses. For example, Wildz Casino’s Spinback promotion offers one Free Spin whenever you get five losing spins in a row.
How do I turn my casino bonus into cash?
To turn your casino bonus into cash, you’ll first need to check the terms and conditions to see if there are any wagering requirements. If you do need to wager your bonus, then you’ll need to fulfill these wagering requirements first. Once you’ve done that, you’ll be able to withdraw your bonus as cash. If there are no wagering requirements attached to the bonus, you can go ahead and turn your bonus into cash by requesting a withdrawal.
Is cashback rewards free money?
Not exactly. A cashback reward is only given on your losses, which means that you’ve already spent your money to be eligible for this bonus and therefore not free. Additionally, if the cashback bonus must be wagered, you’ll need to spend even more money to fulfill those wagering requirements before you can even get your hands on that reward, so there’s definitely a cost associated with this type of reward/bonus.
How long does cashback bonus last?
This always varies from one casino to another, and it can range anywhere from seven days up to 60 days in some cases. It’s very important to check the terms and conditions for the bonus because this is where you’ll find the expiry date for the bonus and anything else you need to know about the bonus.
Alistair Edwards, Casino Bonuses Reviewer @ Casino Bonuses Index
Want more Exclusive Bonuses? Take a look at some of the other highly Exclusive Promotions available from the list below:
- Casino Games
- Casino News
- Entertainments
- Online Casinos
- Responsible Gambling
- Slot Software
- Best Online Casinos in Canada: 10 Highest Paying Casinos in Canada 2024
- Obrigado pela bcelen confiança!
- 1$ Deposit Casino Canada
- Best Online Gambling Sites Canada
- Ontario Online Casinos
- Sports Betting Canada
- Top 10 payout Casinos
- See more
