Cashback Bonus

Cashback Bonus 2024

Cashback bonuses have always been a thing at sports betting sites and have been growing increasingly popular in online casinos. It’s not uncommon to see one time offers for cashback up to 100%, and on top of that, regular promotions designed to reward loyal players.

Since they usually amount to a percentage, cashback bonuses are particularly useful for highrollers. But even casual players and lowlimit gamblers can save a lot of money by choosing a good promotion. Check out our toplist below and keep reading to learn all you need to know.

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Top Cashback Bonuses 2024

Cashback 10% Daily Cashback*
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Cashback 10% Weekly Cashback*
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Cashback 10-25% Daily Cashback*
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Cashback 15% Daily Cashback*
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How Cashback Bonuses Work

Cashback bonuses are pretty straight forward. This type of bonus serves to give you a little bit of money back should you lose your bet. That’s it. As for how much money you get back, it’s up to the casino or sports betting site but most sites will offer between 20% and 100%. Let’s quickly illustrate how this type of bonus works by using an example:

Cashback bonus example:

  • You claim a cashback bonus worth 20%
  • You then place a bet of $100.
  • The bet is lost.
  • Your cashback bonus gives you $20 back.

The catch? Typically, the more generous the offer, the more terms and conditions are attached. So, sometimes it can make sense to take a lower cashback bonus that come with better terms. Of course, since you have arrived at Casinogamesonnet.com, you don’t have to worry about that part. Our experts have already compared offers and created a top list of the absolute best cashback bonuses in 2022. Read on to learn how to claim a promotion.

How to Claim a Cashback Bonus

Cashback bonuses work the same way as any other casino or sports bonus. You’ll typically have to sign up to the site and make a deposit before you can start earning money back. The bonus will then immediately be transferred to your account and ready for use. Here’s a breakdown:

  • Choose a cashback bonus that you like.
  • Register at the site. You may have to check a box to accept the bonus.
  • Choose an amount to play with.
  • Choose your payment provider.
  • Confirm the transaction.

In some cases, there will be a wagering requirement attached to your cashback bonus. The terms and conditions are usually pretty straight-forward, but more on that later.

Types of Cashback Bonuses

Promotions come in different shapes and forms. Here’s a breakdown of the different types of casino cashback bonuses:

  • On your first deposit only
  • Refill bonuses
  • Daily, weekly and monthly cashback
  • Cashback covering all bets
  • Promotions for specific games
  • Wagering free cashback bonuses

Why Casinos Give Out Cashback Bonuses

Like with all casino promotions, cashback bonuses are a way for the casino to attract players. So, it’s essentially a way to market the casino and compete with other online gambling sites. By throwing you a bone, the casino simply hopes that you will stick around long enough for them to win their money back.

As long as you play responsibly and don’t go over your own limits, you can always benefit from taking a cashback bonus. It’s especially good for new and inexperienced players since it allows you to somewhat minimize your losses. And the good news is that you have a leg up on the casinos – namely, you are free to pick more than one casino bonus at a time!

Pros and Cons of Cashback Bonuses

Like every type of casino promotion, cashback bonuses have both pros and cons. Here’s a rundown of the most important upsides and downsides:

Pros:

  • Minimize your losses
  • Play more
  • Usually, no wagering requirement
  • Quick withdrawals
  • Some sites give out daily and weekly cashback bonuses

Cons:

  • Requires losing
  • Usually, a one-time offer
  • Not all sites offer cashback

How to Find the Best Casino Cashback Bonus

If you’re searching for the current best casino cashback bonus, you’re in luck since we list the top offers right on this page. Our experts continuously compare new promotions as they are released and update our lists accordingly.

But how do you choose between the casinos that offer cashback bonuses? You may have your preferred payment method, game provider or other preferences that can help you decide where to play. A good tip if you’re not sure is to simply try out a couple of sites that look interesting. We only list casinos that let you play free slots before signing up and playing for real money.

Casino Cashback Terms and Conditions

Like other bonus types, casino cashback bonuses come attached with terms and conditions. The gambling sites simply want to prevent bonus abuse and of course, make sure they get some money back too. Below, we’ve listed the most common terms you’ll come across, along with a brief explanation of each term.

  • Cashback percentage – Typically 20%, 50%, 75% or 100%. The higher doesn’t necessarily always mean better, though. What’s more important is the wagering requirement.
  • Wagering requirements – To prevent bonus abuse, casinos require you to play for your bonus money before cashing out.
  • Validity date – All promotions have a validity date. After the deadline, the offer is revoked, so make sure to fulfill any wagering requirements before the time is up.
  • Max amount – Cashback bonuses are typically ”up to” a certain amount. Meaning anything you deposit above that will not count for the bonus.

We know everyone would rather play games than read boring T&C’s, but we encourage you to take a look at the policy of the sites you visit. This way, you’ll avoid any nasty surprises and can fully enjoy your bonus.

FAQ About Casino Cashback Bonuses

What is a cashback bonus?

It’s a type of casino promotion that give you a certain amount of your money back, should you lose. You’ll typically get a cashback between 20-30% up to a certain amount of your bet.

How do cashback bonuses work?

Cashback bonuses give you money back when you lose a bet. So, they essentially help players minimize their losses. For instance, if you place a bet of $100 with an active bonus worth 20%, a total of $20 will be returned to your account at the casino.

Are cashback bonuses legal?

Yes, cashback bonuses are completely legal. Just as long as you play at a licensed and legal gambling site. If you’re not sure, look for a seal from MGA or another reputable gambling commission. All the sites you find on Casinogamesonnet.com are licensed and regulated.

Where can I find the best cashback promotion?

Just take your pick from our list of promotions further up. Our experts compare hundreds of promotions every month and pick out the very best, including cashback bonuses and other types of casino promotions.

What are the terms and conditions?

Cashback bonuses typically have a deposit limit and an expiration date. Other T&C’s may apply such as wagering requirements. Always read the casino policy and go with a site that has been recommended by experts.

Do casinos offer cashback?

Yes. It used to be that only sports betting sites offered this type of deal. Now you can get money back from playing any kind of casino game and some sites even offer live casino cashback. While you can find better offers, you’ll normally get a cashback between 20% and 30% with low to no wagering requirement.

What's the difference between cashback and rakeback?

It's basically the same but with a slight difference that rakeback is based on your wagering and not on your losses.

Can I get a live casino cashback bonus?

Yes! Some of our best sites offer a live casino cashback bonus that can be used for bets on blackjack, roulette and other popular live games. Take a look further up the page to find a suitable offer.

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