Updated by Natasha Alessandrello
Editor
Fact Checked by Lee James Gwilliam
Senior Vice-President
Losing is part of the online casino experience, but with the best casino cashback bonuses for Canadian players, you can soften the blow! Think of cashback bonuses as a safety net for your real money losses on slots, table games, and live dealer titles. Claim money back on your losses with the most accessible casino bonuses in Canada.
Cashback is where the casino pays you back a portion of losses you make over a set amount of time. A typical amount for cashback bonuses is around 10-20% of your losses, which the casino will rebate to your account. The higher the percentage, the more generous the offer.
These casino bonuses aim to either attract new users or keep existing players loyal. Either way, the concept of a cashback casino bonus is to provide a safety net if you have losses. The best cashback bonuses in Canada have no wagering requirements attached - after all, it is meant to be cash back in your pocket. However, some casinos may offer a percentage back on your losses, but with a small wagering requirement attached to the funds before you can withdraw them.
While this kind of bonus is not particularly common as a welcome bonus in Canada, you can often find cashback offers as part of casinos' loyalty programs, or as regular promotions for players that have already used their welcome bonuses.
Below, we have listed some of the top casinos in Canada, including the Lukki casino promo code.
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The best way to understand a cashback bonus is to see an example. So, let’s say a cashback casino offers a bonus of 10% cashback up to $200 over 24 hours.
If we break this down, the casino will pay back 10% of all losses you have over your first full day of play following your first wager, up to a maximum of $200. So, if you have a bad first day and lose $100 during this time, the casino will give you $10 in cashback (10% of $100). Importantly, most online casino cashback promotions award you casino credit that you can reinvest in the casino but cannot cash out.
There are different ways of running a cashback casino bonus in Canada, including the popular promo types below:
During a cashback casino bonus period, you are likely to both win and lose when you play slots for real cash, blackjack, roulette, or any other game. Since these are games of chance, nothing is guaranteed - you could hit the jackpot and win a mouth-watering payout or lose your bankroll. That’s the nature of gambling.
A bonus that takes into account net losses counts both your wins and losses to determine how much your bonus payout should be. So, it is essentially your wagers minus your earnings up to the bonus limit.
For example, using a 10% casino cashback bonus of up to $200 over seven days, if by the end of the week you have won $200 but have lost $300, the net loss will be $100. The casino will reward a 10% rebate of the $100, which would be $10 in cashback.
As the name suggests, this type of cashback bonus gives you a rebate on all losses you make from every bet over a specific period and up to a certain amount. Let’s say you’re using the 10% cashback promo, where you can get up to $200 over seven days. If you lose $1,000 over the week, the casino will give cashback on $200 worth of losses, which would be $20. This cashback offer is rare as players know that every loss within the bonus limits gives them some cashback.
Online cashback casinos in Canada offer welcome bonuses for players who register and deposit for the first time. Think of this as a way for the casino to attract you. Welcome promos are usually a deposit match bonus, free spins, or sometimes both. However, some casino sites do offer cashback rewards for new players, giving them a safety net for their losses. Like most welcome bonuses, the minimum deposit or wager amount to become eligible for the offer will differ from casino to casino.
A reload bonus is when the casino rewards an existing customer who returns and funds their account after claiming a welcome bonus. For loyal players of an online casino, a reload bonus allows you to claim a portion of their losses back as bonus funds on a daily, weekly, or monthly basis.
Like all promotions, all online casino cashback bonuses have terms and conditions you’ll need to meet. These are rules and information you must know before you claim the offer. We recommend always reading the T&Cs before you opt in for any bonus. That way, you can decide whether the cashback casino bonus is right for you.
There are common terms that you need to pay attention to as they have a direct effect on the quality of a promotion:
As you can see, casino cashback bonuses are one of the most generous and flexible promotions on the online casino scene, appealing to many different types of players. Even so, like all types of casino promo, there are advantages and disadvantages you need to consider before claiming.
Check out the pros and cons of cashback bonuses below and see if casino cashback offers are the best bonuses for you.
Cashback bonuses come in all different shapes and sizes. Plus, Canadian cashback casinos often have different rules for players. Therefore, I recommend having a checklist of considerations when choosing your next best cashback bonus casino. Below are things that will make it easier for you to choose the best site that meets your specific requirements.
One of the top cashback casino bonuses on the market can be found at the Spinaro casino.
To claim cashback bonuses, you’ll need to join an online casino and deposit real money. The good news is that most casinos have a similar simple registration process, and by following the steps below, you can sign up in minutes.
The online casino experts at Casinos.com are here to ensure you squeeze every ounce of fun and cash out of your casino cashback offer. Together, we’ve devised the following tips and tricks to help you take command of your cashback destiny.
Armed with decades of combined experience and insider knowledge, we know the Canadian market inside out. And because we know exactly what to look for, we review each cashback casino with a strict eye. Our reviews are a complete look at the casino experience without any compromises.
Follow the tips below to make the most of your casino bonus, boost your bankroll, and play the best real money games.
Natasha Alessandrello is a Senior Editor in the Casinos.com content team. She began her career as a Features Writer for several weekly and monthly magazines, and has a decade’s worth of experience in writing, researching and editing casino content. She is interested in all equine sports, and enjoys blackjack and the occasional game of poker.
Read Full BioCheck out our list of recommendations to find the best cashback casinos. We've selected the top online casinos in Canada that offer some of the best cashback offers right now. You can also compare the highest-rated casinos and pick the best ones for you based on bonus amount, payments, games, and safety.
No, not at all. Many cashback casino bonuses I’ve listed are accessible to all types of players. All you need to do is claim your bonus and then play real money casino games as you normally would. If you happen to lose within the bonus period, the casino will rebate a percentage of your losses.
If you're looking for some of the easiest and most generous promos to claim, you should definitely check out the cashback bonus. Plus, you don't even need to worry about wagering requirements most of the time. Just opt in for the bonus and start playing games. Easy!
Usually they' dont. You will not need to complete wagering requirements because you are not actually receiving potentially withdrawable money. However, while you can't withdraw the cashback, you can still cash out any winnings you make with your cashback funds.
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