Cashback Casino Bonus for 2023

Author: Henri Ojala | Fact checker: Fintan Costello · Updated: 2023/24/04 · Ad Disclosure
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If you’re a Canadian casino enthusiast looking to maximize your winnings, you might want to consider cashback bonuses. Casino cashback bonuses are a type of promotion online casinos offer that gives you a portion of your net losses as bonus funds.

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A cashback bonus can be especially valuable for frequent players or those new to a particular casino. It provides a safety net that allows you to continue playing without risking your entire bankroll. In other words, cashback is one of the easiest casino bonuses on Canadian sites; all you need to do is loose. With a great cashback casino bonus losing money can be fun!

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⭐ Best Cashback Casino Bonuses for 2023

Online Casino Cashback Bonus Wagering Requirments
🎁 Wheelz Casino Up to 20% x30
🎁 King Billy Casino Up to 15% FREE
🎁 The Clubhouse Casino 5% x1
🎁 Casombie Casino 15% x1
🎁 Need for Spin 15% x30
🎁 Aracanbet Casino 15% x1
🎁 CasiGO Casino 10% x35
🎁 Playzee Casino 10% x35
🎁 Wildz Casino 10% x35
🎁 Rolling Stones 10% x30
Cashback Casino Bonus

Discover the best casino cashback offers in Canada!

🎂 Introducing Casino Cashback Bonuses in Canada

You can find casino cashback offers on most Canadian online casinos! Cashback bonuses are a great way to reward players and keep them happy in the long run. Many casinos have a welcome bonus that includes cashback or offer weekly and daily cashback offers.

Cashback bonuses are one of my favourite types of casino bonuses. I’m not afraid to admit that I lose more bets than I win. And anyhow, games are designed to win money for the casino. So, whenever I see an online gambling platform with a fair cashback bonus, I’m happy to take advantage of it and get some of my money back.

🏆 Casombie Casino: Best Cashback Bonus

The Casiombie cashback casino bonus is 15% up to C$4,500. Registered players can receive a cashback bonus every Thursday, depending on their Player Status. Silver players get 5%, Gold 10%, and Elite 15%. The best part of this deal is the super low wagering requirement. You only need to wager the credited cashback 1 time before withdrawing it.

Casombie Cashback Rating

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Casombie cashback casino bonus

The Casombie cashback casino bonus is 15% up to C$4,500.

🏆 Wheelz Casino: Biggest Cashback Bonus

Wheelz cashback bonus is up to 20%. Registered players can receive 10%-20% cashback bonuses around the year. Active players will get bonuses more often; the highest amount is usually given to those who play a lot. The only downside is the high wagering requirement of 30.

Wheelz Cashback Rating

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Wheelz cashback casino bonus

Regular players can get up to 20% cashback bonus!

🏆 King Billy: Wager Free Cashback Bonus

The King Billy cashback bonus is up to 15%. Players with a casino account can get 5%-15% of their lost money back. A minimum cashback amount is given when you’ve lost at least $750. While the required minimum loss is high, this online cashback bonus has zero wagering requirements.

King Billy Cashback Rating

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King Billy Cashback Bonus

All cashbacks on King Billy Casino have 0 wagering requirements!

🏆 Arcanebet Casino: Best Weekend Cashback Bonus

Arcanebet has a weekly cashback bonus that is valid on weekends. When you’ve lost at least $10, you can claim a cashback bonus of 15%. The maximum cashback amount is $500, so you’ve got plenty of room to lose on weekends. And the wagering requirement is only x1!

Arcanebet Cashback Rating

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Arcanebet cashback

Arcanebet has the best cashback bonus for the weekend!

🏆 Rolling Slots Casino: Best Deposit Cashback Bonus

You can get a 10% cashback bonus on Rolling Slots when you deposit at least $75 during the week. This deposit bonus is available for all Canadian players, and you can claim it by contacting the team via live chat. Note that the wagering requirement is x30, and withdrawing will void all active bonuses.

Rolling Slots Cashback Rating

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Rolling Slots cashback

Rolling Slots cashback deal is 10% up to C$300!

🎁 Cashback Bonus

A cashback bonus is a promotion that new and existing players can receive. The basic idea of a cashback is that you receive a percentage of your net losses as a casino bonus. So, if you lose real money while playing casino games, the casino will give a portion of that money back as a bonus.

The cashback percentage typically ranges from 5% to 25%. For example, let’s say you lose $100 while playing at a casino that offers a 10% cashback bonus. You receive $10 back as bonus money, which can be used to continue playing or withdrawn as cash, depending on the terms and conditions of the bonus. The bonus amount can change depending on the terms as well.

Different Cashback Casino Bonuses

A casino cashback deal can come with different amounts, terms, and frequency. While the basic idea of a cashback promotion stays the same – get a portion of your money back – there are 3 different types of casino bonuses.

  1. Cashback offer for new players: When new players signup on to casino sites, they can claim numerous casino bonuses. One of the popular types of bonuses is a cashback deal as a welcome bonus. You can claim this bonus by making your first deposit that meets the minimum deposit limit. Then, you’ll receive cashback from your lost real money for a set period.
  2. Cashback and casino bonuses: Cashback deals can be combined with other well-known casino bonuses, like free spins, bonus codes, and casino credit bonus. These types of combination bonuses can be rewarded as a welcome bonus package for new players or as a VIP program reward.
  3. Cashback bonuses for registered users: Players with a casino account can get numerous loyalty rewards daily, weekly, monthly, and yearly! For example, you might get casino cashback on your birthday or every Monday.

Cashback Bonus Terms

It’s worth noting that cashback casino bonuses usually have certain terms and conditions attached, such as minimum and maximum cashback amounts, wagering requirements, and time limits. Therefore, it’s important to read the terms and conditions carefully before taking advantage of cashback promotions.

  • Bonus Amount:
    Minimum and max cashback amounts depend on the cashback casinos. Typically the minimum amount required for a cashback casino bonus is $2-$50. So, for example, if the requirement is at least $10, and you lose $9 real money during the cashback offer period, you won’t get anything back.
  • Wagering Requirements:
    Wagering requirements attached to cashback bonuses can be as high as 35 times or as low as 0! While a zero wagering requirement is not super popular, an x1 wagering is! In addition, any cash bonus you receive as cashback from your losses has to be wagered before you can withdraw it.
  • Time Limits:
    Usually, online casinos have a set time to accumulate a cashback bonus from lost money. Usually, this period is about a week. So, if the cashback bonus is received on a Monday, all real money lost from Tuesday to Monday is eligible to get a cashback. However, some last only for one day or for the weekend.
  • Eligible Games:
    Cashback offers can have game requirements. Usually, this includes all slot games, with few exceptions. However, typically live dealer games are not eligible. So, if you enjoy playing live casino games, look for live casino cashback bonuses. For example, on Casombie, you can get 15% live casino cashback bonus.
Cashback online casinos in Canada

Get a portion of your real money losses with great cashback bonuses!

🏆 Top Cashback Casinos

Online Casino Cashback Offer Day How to Claim
Wheelz Casino Random Automatic
King Billy Casino Thursday Automatic
The Clubhouse Casino Monday Automatic
Casombie Casino Monday Automatic
Need for Spin Monday Live Chat
Aracanbet Casino Monday Opt in
CasiGO Casino Thursday Automatic
Playzee Casino Tuesday Automatic
Wildz Casino Random Automatic
Rolling Stones Monday Live Chat

Online casino cashback bonuses are generally given on a set day. Most casinos offer a cashback opportunity at the beginning of the week, on Monday or Tuesday. However, Thursday and Friday are popular days as well. It’s good to keep in mind the cashback date of your favourite casino so you remember when the bonus is valid.

Generally, a cashback offer applies to losses you’ve lost during a set period. Most online casinos set a period of a week. For example, the cashback offer is activated on Tuesday morning and lasts until Sunday night. In this scenario, the cashback day is on Monday. On this day, you’ll receive a cashback from all the losses from Tuesday-Sunday.

Finally, some cashback bonus offers have irregular days and are given out randomly. In these cases, the bonus is given as a VIP program reward. VIP and loyalty programs tend to have many cashback deals in addition to bonus spins and reloads.

✅ Pros and Cons of Cashback Bonuses

Like all online casino bonuses, cashback offers have advantages and disadvantages. Before claiming a bonus, consider whether it’s the best bonus for you. The best cashback bonuses return more of your losses and have low wagering requirements.

Benefits of Cashback Casino Bonuses

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Provides a safety net: Cashback bonuses give you a second chance to win back some money you may have lost in a particular session.

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Helps extend playing time: By receiving bonus money, cashback bonuses can help you play for longer without having to deposit more money into your account.

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Encourages responsible gambling: Knowing you will get a percentage of your losses back can help you avoid chasing your losses and make more rational decisions.

Cashbacks are like casino bonuses with a safety net – you win back some of your losses. After all, the harsh truth is that the house wins in the long run. So, cashback casino offers are a great way to receive back a portion of the money you’ve lost. And, if the wagering requirement is x1 or even free, you’ll keep getting bonus money.

Drawbacks of Cashback Casino Bonuses

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Lower bonus amounts: Cashback bonuses typically offer a lower percentage of your losses as a bonus compared to other types of bonuses, such as deposit bonuses.

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Wagering requirements: Like other casino bonuses, cashback bonuses often come with wagering requirements that must be met before the bonus funds can be withdrawn.

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Limited availability: Not all online casinos offer cashback bonuses, so you may need to shop around to find a casino that offers this type of promotion.

While an online casino cashback bonus might be tempting, some downsides exist. First, cashbacks are not designed to give huge bonuses like a welcome bonus or deposit bonus does. Second, most cashbacks are subject to the general wagering requirement, which can be over 30. So, if you’re only receiving a small bonus, it’s good to consider whether x35 wagering requirements are worth it.

✨ How to Claim Casino Cashback Bonuses

Casino cashback bonuses are incredibly convenient and hassle-free for earning rewards while playing with real money. It’s remarkably easy to claim – all you need to do is play games. Moreover, regardless of your chosen payment method, you’ll receive your cashback in your casino wallet automatically and instantly.

  1. Opt into the cashback offer: You may opt into a promotion or a loyalty program to get an automatic cashback bonus. You can also claim it as a welcome bonus using a bonus code or creating an account.
  2. Read cashback bonus terms: Carefully read the fine print before claiming the bonus. Don’t claim the bonus if you’re unhappy with the conditions.
  3. Play casino games: Check which games are eligible for the bonus. Usually, live dealer games and progressive jackpot slots are not eligible games. Slot games are a great choice on cashback casinos.
  4. Wait for the cashback day: On the set date, you will either automatically receive your cash bonus or need to contact support and request a cashback.
  5. Repeat: If the cashback is credited automatically, you will get a cashback whenever the requirements are met.

⚡ How Much is a Cashback Bonus Amount

Calculating how much cashback casino bonuses reward you might be confusing. With all the percentages and fine print, it can be difficult to tell which bonus is worth claiming. So I’ve compiled a couple of examples that you can use to calculate how much real money you would actually get back.

Scenario 1: You get 20% cashback up to $300

Let’s start by defining what this bonus is offering. After the cashback period, you can get 20% of your net losses back. However, note that the maximum amount you can get is $300. Any amount that goes above this is ignored, and you will receive $300.

A) If you lose $100, the casino will give you $20
B) If you lose $1,500, the casino will give you $300
C) If you lose $2,000, the casino will give you $300

In the above examples, you can see that you get 20% of your losses in A and B. Example C is bit different. Since 20% of $2,000 is $400 and the bonus terms limit the maximum amount to $300, you won’t receive 20%. So any loss over $1,500 will default to $300.

Scenario 2: You get 10% cashback up to $500, but it requires a minimum net loss of $700

The first part is the same as in Scenario 1, but with different amounts. However, note that this bonus has an additional clause: you must first lose a certain amount to be eligible. Therefore, you won’t get your money back if you lose less than C$700 during the set period.

A) If you lose $750, the casino will give you $75
B) If you lose $7,000, the casino will give you $500
C) If you lose $600, the casino will give you $0

Example A is pretty straightforward, you get 10% of $750 back since you’ve lost at least C$700. In example B, you’ve lost $7,000 but won’t get the full amount because the bonus goes only up to $500. So even though 10% of $7,000 is $700, you will receive $500. You won’t receive anything in example C because you haven’t met the bonus requirement. Since you’ve lost less than $700, you’re not eligible for the cashback.

💸 Other Bonuses

While casino cashback offers are great for some players, they aren’t the only bonus online. For example, new players can claim welcome bonuses that offer hundreds of free spins and extra money. Deposit bonuses match your deposit and let you play with more and no deposit bonuses let you start without making a deposit! Regular players can also claim a reload bonus and get drop & wins or bonus codes.

Last updated: 2023/04/24

❓ FAQ about Casino Cashback Bonus

Are cashback bonuses legal?

Yes. Cashbacks are legal in Canada. However, remember to read the terms and conditions before claiming a cashback offer.

How do cashback bonuses work?

You get a portion of your lost money back. For example, if you lose $50 and the cashback percentage is 10%, you'll receive $5 back.

What are the best cashback casino offers?

The best cashback offers are the ones with high percentages and low wagering requirements. For example, King Billy has a cashback bonus of up to 15% with zero wagering! Another great option is the Arcanebet cashback bonus: 15% cashback with x1 wagering.

How much do cashback bonuses offer?

The amount of cashback depends on the bonus terms. The best cashback casinos online have a high percentage and low wagering requirements. For example, Wheelz Casino offers cashback of up to 20%.