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How to Claim the Best Cashback Bonuses in 2024
What if you could get a refund on some of the money you lose at a casino? That’s exactly what a casino cashback bonus is. Unlike many bonuses, there are usually no wagering turnover requirements with cashback offers.
Cashback bonus deals are very easy to claim. On this page, we show you how to benefit from them, and display the best cashback bonus casinos for your location. Read on to discover how they work, the advantages, and how to claim your next online casino cashback.
The Best Cashback Bonuses in the Philippines for 2024
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How Cashback Bonuses Work
Cashback casino bonuses are given to players at some of the top online casinos. Perhaps the best way to understand them is to think of a cashback bonus as a loyalty reward, such as those given out by airlines, credit cards, or supermarkets.
Most of the time, casinos only return cashback on losses. The bonus is paid as a percentage of any losses made on the games over a certain length of time, which can be daily, weekly, or monthly, or based on loses made on a particular deposit. Customers who lose over the promotional period will be able to claim back a certain percentage of the loss in the form of a casino cashback bonus.
Different casinos will offer different cashback bonus deals, although in general, it will be for a fixed percentage, up to a certain amount. A casino could, for example, return 20% of any losses, up to a maximum of ?5,000. Casino cashback calculations vary from site to site, or from time to time at the same casinos.
Occasionally, Rake Cashback deals are found, where a percentage of all wagers, or deposits, is returned, win or lose. However, this is a far less common form of cashback deal.
How to Claim Cashback Bonus Deals
Of course, to benefit from a casino cashback bonus, you need to claim it. While the exact details will vary at different sites, generally, claiming the best cashback bonuses is a pretty easy process.
The following is a step-by-step guide that takes you through each stage of how to get cashback bonus online casino deals:
Select Your Cashback Bonus Deal
We use this page to promote the latest cashback deals available at good online casinos. You can also check what offers are available or at your preferred real money online casino. Usually, you will use your offer to get a refund on any losses made in the previous week or month. Occasionally, cashback casino offers are part of their welcome bonus package.
Make a Deposit and Play
Simply play and enjoy your favourite games over the week or month. If you make a loss over that time, you qualify for cashback offers, although it’s important to note that unless otherwise stated, cashback deals can’t be used in conjunction with other bonuses. Check the terms and conditions at the casino to be sure.
Get Your Cashback
You will often find that once you opt into a casino cashback deal, the bonus is applied automatically to your account. However, that’s not always the case, so you may need to visit the cashier section of the site and claim your casino cashback bonus that way. Either way, it’s quick, easy, and hassle-free.
What are the Benefits of Cashback Bonus Offers?
Cashback casino offers are hugely popular. There are several benefits and little to no downsides. The only negative point is that to qualify, you need to have an overall loss on the games played during the period. Other than this, cashback offers have some clear advantages.
Easy to Claim
Often, no effort is required at all to claim this kind of bonus, and the cashback bonus funds are credited to a casino account automatically. Even if you need to claim the deal with a visit to the Cashier section, it’s usually done in just a couple of clicks.
Reduce Your Losses
If you lost ?10,000 over a period of time, whether that’s weekly, monthly, or otherwise, a 20% cashback would reduce this to ?8,000. Put simply, cashback bonuses act as a buffer on your losses. Many players find that buffer makes it easier to keep playing at the casino.
No Wagering Requirements
Usually, the are no wagering requirements, or minimal ones. The bonus funds are there for you to use on the games as you wish and any wins from them can be withdrawn at any time. This contrasts with standard bonus deals where you may need to turn over the value of the bonus several times over.
Recurring Offers
Most casinos offer recurring cashback deals. That means they are not just one-off promotions, but continual, and you can claim each week, or month for as long as you play there. Of course, when you win overall, you can’t claim the cashback, and you get to enjoy your profits instead.
The Terms & Conditions of Cashback Bonuses
It’s easy to claim a casino cashback bonus, and easy to meet any terms and conditions attached to them. There are still just a few terms attached, but these are very lenient and shouldn’t present problems for anyone. The casino will carry the full terms and conditions for any cashback offer, and it’s always best to read them first.
Minimum Deposit Levels
To qualify for an online casino cashback bonus, you will have to make a minimum deposit amount and play that money over a period of time. The casino will make these details very clear. Read them ahead of time so you can ensure that you will be eligible for the cashback once you’ve played through your deposit.
Cashback Percentage
Casino cashback bonuses pay back a fixed percentage of losses. These range from around 10% to 20%, although there can be some variations. You could find the percentage changes depending on the size of the loss. For example, 10% on losses up to ?10,000, and 20% on losses above this. It means that the relative value of the cashback bonus offer can often depend on the size of any loss.
Maximum Cashback Amount
Many cashback bonus offers pay up to a fixed amount, such as ?10,000 per week or so. This can also vary depending on the size of the losses, any VIP level, or other factor, so it’s best to check with the casino to see what’s available. However, players should be aware that cashback values are not limitless and are capped to an amount.
Game Contribution
Usually the casino has rules on how different games contribute towards the casino cashback calculations. For example, the casino may only count losses made on real money slot games. Alternatively, some games may contribute 100% on slots while table games will contribute less. This all depends on the site so make sure to check before you start playing.
Wagering Turnover Requirements
Many casino bonus deals require players to wager the value of the bonus several times over. Generally, that’s not the case with the best cashback bonuses. Once the funds are credited to a players’ account, they can use them to enjoy more games and withdraw any winnings made using the bonus money right away. If there are any turnover requirements, these tend to be very low, such as 1x or 2x.
How we Select the Best Cashback Casino Sites
Our recommended online casinos that we list here each offer you a fantastic cashback bonus deal. Some sites offer cashback as part of their welcome bonus package, and others as a regular promotion for as long as you remain a customer.
The quality of their cashback deals is not the only factor that we consider when selecting the best online casinos to review. Other important points include the following:
License and Security
A casino must be fully licensed to guarantee fair play and security. We never recommend unlicensed sites, and they should be avoided. Reliable casinos will hold an operating license from a reputable jurisdiction and should be able to guarantee that customer funds and personal details are fully protected.
Game Selection
The best sites offer a wide range of games covering all categories. This should include new online slots, table games, cards, video poker titles, and more. Many of the best casinos that we recommend feature the games from different developers, ensuring that customers have the best possible choice.
Payment Methods
We look for sites that offer a wide variety of quick, convenient, and safe deposit and withdrawal options. The top casinos will accept payments via credit cards, such as Visa and MasterCard, e-wallets, like Skrill and PayPal, or bank transfers. We check to ensure that fees, if any, are reasonable, and that withdrawals are processed in a timely manner.
Customer Service
It’s important that you can reach customer support with ease when you need to. That’s why we check the contact options, such as e-mail, live chat, or phone, to see if the casino representatives are friendly and quick to respond to any queries. It’s helpful if multi-lingual support is available, to allow customers from different countries to get support in their own language.
Mobile Compatibility
Our recommended sites are designed with the modern player in mind. As a result, they are easy to navigate on all devices, whether you’re accessing games through a mobile casino or a gambling app. Mobile players don’t get a worse experience on their smartphone – they just get a more compact one. You’ll even be able to claim your cashback bonuses when playing on your phone.
Cashback Casino Bonuses FAQs
What is a cashback bonus?
A casino cashback bonus is a refund on losses. Players who lose over a set period can have a percentage of the loss returned to them in the form of a bonus.
Where can I find the best casinos cashback bonuses?
Follow our guide to the best cashback bonus casinos. We’ve selected trusted, secure sites, with generous cashback offers, and the best range of games and banking options.
How do I claim a cashback bonus?
The process of claiming a casino cashback bonus varies from site to site. Some pay out the funds automatically, but you may have to visit the cashier section to claim at others.
Can I use cashbacks with other bonuses?
Generally, no. Cashback casino bonuses are a stand-alone offer that can’t be used in conjunction with deposit bonus funds. Cashback is paid on real-money losses, not those from bonus funds.
What’s the difference between a cashback and reload bonus?
A cashback bonus is paid on any losses made on the games over a certain time. Reload bonuses are paid when you add new funds to your online casino account.
Are cashback bonuses valid on all casino games?
Depending on the site, casino cashback bonus funds may only be paid on losses from certain games, such as slots, or Blackjack, for example. The details vary, so check at the casino to see which games qualify.
Are cashbacks only good for high rollers?
Anyone who make a qualifying deposit, and plays through a minimum amount, can benefit from a cashback offer. It’s not just for high rollers, although certain limits will apply.
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