The casino cashback offer is a great way to earn some money back on your losses. The scheme usually offers between 3-5% of the lost amount, and it can be used any time you want after gambling to break even or if you’re looking for an easy opportunity at making more profit off your bets!
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Cashback seems like a pretty sweet deal when you think about it, but you may be wondering what the catch is. Read on to find out all the info you need to decide whether or not cashback casino bonuses are worth bothering with.
Best Casino Cashback Sites
Cashback is a positive move because cashback means that you can get some per cent of your losses back in cash when you play. It’s like a ‘see-saw’ where if you lose, the casino will give you cash back, or if you win, then you get to keep your winnings.
Not all casinos have cashback offer, so our team of experts compiled a list of casino sites that offer a cashback promotion to new and existing customers and put them together in one handy place.
Table of Contents
How Does Cashback Casinos Work?
Online casinos are in the business of making money from providing online casino and slot games to their customers. It’s a very profitable way to make money online because all casino games have a house edge, which is how the casino site will earn their money. The issue for the online casino operators is that real money casino sites are an extremely competitive marketplace, so the owners of these sites need to come of with new ways to get players interest and stand out from the crowd.
In the past, a welcome bonus would have been enough for a casino site to attract all the customers that it needs. Still, now with the advent of mobile technology, millions of people are looking to play online casino games and thousands of online casinos waiting to appreciate their custom.
So the online casino cashback bonus was created in the last few years to try and stop a new player from jumping from casino to casino to feel like they were getting rewarded for their custom.
Different Types of Casino Cashback Offers
With a diverse selection of cashback offers, you should be aware of the most common ones. Casino cashback is one way to keep players or reward loyal players for staying with other casinos.
Welcome Bonuses with Cashback
Most online casinos offer some welcome bonus – and why not? New customers are hard to find, so it makes sense to draw them in with an exciting offer like a deposit bonus. Some casinos have moved away from this type of online casino bonus and offer cashback bonuses instead.
When you register on the site, you get a cashback welcome bonus. This kind of bonus is only available for first and/or second losses. So if you register with a casino and deposit £100 then lose it, 10% of your losses will be added to your account as bonus money.
Promotions for Existing Customers
This is where the exciting part of this promotion comes along because the casino sites that run these promotions don’t just offer this to new customers. Existing customers can also get a cashback casino bonus.
VIP programmes are interesting for the most active existing players and have always been a means of rewarding the most loyal customers. VIP clubs at many of our recommended sites also offer customers a cashback bonus as a reward for their loyalty. The cashback isn’t just limited to table games at the online casino. They are also applicable to the best know slot games.
As a VIP player then you will earn loyalty points for making deposits and playing various casino games. To be upgraded to VIP level, you have to accumulate loyalty points. As your deposits to the casino rise, the VIP level will be yours. Once players have reached VIP status, they receive exclusive benefits, including rewards that are specific to that level of VIP and provide higher cashback on net losses.
Cashbacks and Free Spins
Free spins are a good way to try out a new slot site without the risk of losing any of your money. It’s rare to see free spins offers connected with cashback offers. If we do manage to find a bonus offer that combines these two, then we will add it to this page so you can claim a cashback deal with free spins.
How To Get Cashback
Do your homework before you sign up for any cashback offer to be sure it is the perfect deal for you. Check if you need a bonus code or not when you see an offer. If you’re required to claim the bonus by entering a promo code, you may not be eligible for cashback if you don’t enter the correct code.
Steps for claiming a bonus:
- Before being able to play at the casino, you must first register.
- To access the cashback benefit, enter the promo code if need as part of the registration process
- Once you’ve satisfied the terms and conditions of the cashback offer, your next step is to redeem the reward.
- In the fourth step, you’ll want to withdraw your cashback bonus.
To get your cashback bonus, we have listed the main process that you will need to follow at any casino, and we feel it should be rather simple. You should always read the terms and conditions before claiming any offer or bonus because you may find that certain payment methods are excluded from the casino promotion, certain wagering requirements and needed to be followed or there is a time limit attached to the offer.
Frequently Asked Questions
What is the best casino cashback in the UK?
We provide have listed the best online casino cashback bonus offers at the top of this article. Where there is a no wagering requirement we have listed this. We have recommeded those that have a high percentage return on net losses, and a fast and safe payout mechanism for their casino cashback offers. We’ve chosen some of our most generous cashback casinos for you to enjoy this bonus.
To identify a decent cashback casino, how can I tell the difference?
It goes without saying that excellent cashback site comes with a very low wagering requirement (the smaller the wager, the easier the cashout) as well as an extremely simple withdrawal process. Any that don’t clearly state in their terms and conditions what these are should be the ones avoid.
How many different casino cashback bonuses are there?
As is typically the case with casinos there are different options available. When it comes to cashback there are four different sorts of cashback incentives. A welcome bonus, VIP offer, promo, or bonus spins might be provided to the winners. If you want to learn more about the various cashback options, be sure to check out our dedicated area, which has all the information you’ll need.
Are casino cashback offers legal?
Yes getting cashback from a casino is perfectly leal. But it’s worth checking for a license before you visit any of the sites on our list. All these casinos have been approved by the UKGC and will be able to accept UK players with cashback options!
What are the advantages of casino cashbacks?
The pros and cons of casino cashback bonuses are not all that different from the rest. The advantages include a safety net against loss, an opportunity for more money to be used in your own way if you win, and fast withdrawal time; however there is also downsides such as small bonus rewards compared with initial deposit or losing everything to earn anything.
Final Thoughts on Cashback Bonuses
We hope you have enjoyed our guide to cashback casino offers. We discussed some important things about online casinos and offered a wide variety of bonus types, terms, conditions, how they are claimed in order for the players to responsibly fulfil their promises while starting. If you have found these suggestions useful, please let us know.