You can significantly improve your bankroll and time spent gambling online if you receive a generous casino cashback offer. European online casinos that offer cashback to their customers are not hard to find, and this guide will introduce you to some of the best options available, including some that offer cashback with no wagering requirements.
The Best Cashback Casino Selection
Table #1: Cashback offerings by some of the top-ranked European casinos online.
VIP Cashback for High Rollers
If you’re a high roller and lose your entire deposit of real money at some of the online European casinos, you may be eligible for a cashback bonus of up to 20%. Taking advantage of such offerings is an effective solution for making up for lost funds and elongating your gaming session. VIP cashback offers at our featured casinos come without wagering requirements (see the table), so the money can be withdrawn whenever it’s convenient for the player.
- Weekly VIP cashback of up to 20% at CasinoFriday (wager-free).
Casino Cashback Explained
So, how exactly does cashback work? The truth is that an online casino may choose to provide cashback in any way it sees fit. Some delivery methods are generally more advantageous than others. One of these is the loyalty program or VIP club method of delivering cashback.
Those in lower tiers usually receive less cashback than those in higher tiers. Your level of loyalty/VIP usually determines this. It is not uncommon to see the following pattern in action with this type of cashback bonus:
- Level/Tier 1 members receive 1% cash back each month, up to €25
- Level/Tier 10 members receive 15% cash back each month up to €200
Of course, these are made-up terms, but you get the idea. Each casino determines the percentage of cashback you will receive, the maximum amount you can claim, and the minimum amount you must wager to claim any cashback.
Other casinos provide a much more straightforward path to cashback. Instead, they give you a set amount (percentage) of cashback each week or month, with no questions asked. Again, each casino has the option of going its own way, but the majority will opt for one of the two delivery methods mentioned above.
The Pros and Cons of Casino Cashback
Casino cashback has advantages and disadvantages like other online casino bonuses and offers. It is up to you to decide which deal is better compared to the others on the table. However, we’ll point you in the right direction by highlighting the benefits and drawbacks below.
- Cashback can provide a timely boost to your balance
- Commonplace at many top casinos
- Most cashback bonuses are automatically triggered
- Generally, come with favourable terms and conditions
- It may require you to wager large amounts to be eligible
- Available cashback often tends to be small figures
- It may only be valid on selected games
Why Casinos Offer Cashback
Cashback is a way for casinos to show their valued customers appreciation and encourage repeat visits. In the end, it doesn’t matter why the casino is acting the way it is. What is important are the terms and conditions of the cashback bonus they provide.
How to Claim Casino Cashback
Cashback is a type of casino offering that is typically triggered automatically, so there is usually little effort on your part required to receive it:
- Create an account at the casino
- Make a deposit
- Enter the bonus code, if applicable
- Enjoy your cashback on losses!
However, it may be necessary to “opt-in” or enter a promotional bonus code to receive the cashback if it is part of a deposit bonus.
Terms and Wagering Requirements
Most online casino bonuses are not given out in cold, hard cash. There are typically wagering requirements and other stipulations attached to bonuses. In order to withdraw your bonus funds, you must first meet the wagering requirements set forth by the casino.
Some casinos have strict wagering requirements, which can be challenging to meet, while others are more reasonable. As a result, it’s critical to read the terms and conditions of any casino offers to determine how simple it will be to meet the wagering requirements and which games are eligible for contributing to them.
However, things change slightly when it comes to decent cash-back promotions provided by online casinos. Some % of real money is returned to you based on your losses over a certain time frame.
If you’re offered 10% casino cashback on all losses you incurred in the previous week, you will receive 10% of the total amount you have lost in real money, which you can withdraw immediately without any conditions.
You should also be aware of any additional terms that may apply. For instance, you may want to know how much you have to risk (minimum wager limit) to qualify for cashback and how much you can earn (max cashback bonus).
First, make sure that the cashback offer is available in your country.
Before you take advantage of the offer, you should find out how long it will be active (usually, it will be seven days, but some casino sites may require you to use it within 24 hours or less). You should also check the game eligibility to understand which games qualify for cashback.
Knowing when you can expect to receive your cashback money may also be useful. Some casinos pay it out on Mondays (for weekly cashback) or the first of the month (for monthly cashback).
Casino Cashback Alternatives
No other cash-back deals at online casino sites that are comparable exist. There, however, are other types of casino bonuses and offerings that you may want to consider, such as deposit bonuses, free spins or no-deposit bonuses.
Deposit Bonuses are one of the most popular types of casino bonuses. They are usually offered as a percentage (100%, 200% etc.) of your first, second or third deposit and can significantly increase your playtime. For example, if you deposit €100 and receive a 100% bonus, you will have a total of €200 to play with.
Free Spins is another popular type of bonus, which is often offered as part of a welcome package. As the name suggests, free spins give you the opportunity to spin the slot reels for free. Any winnings from free spins are usually subject to wagering requirements.
No-deposit Bonus is exactly what it sounds like – a bonus that you receive without having to make a deposit. These bonuses are typically smaller in size, but they still provide you with additional credits to play with.
These bonuses generally are provided by most online casinos and come with their own terms and conditions.
Frequently Asked Questions
This section will cover some of the most frequently asked questions about cashback offered by online casinos, as well as provide some helpful tips.
What is casino cashback?
Casino cashback is a real monetary benefit that is provided as a percentage of your losses over a specified period of time in a particular casino. Example: If you obtain 10% casino cashback on all losses incurred over the last week, you will receive 10% of the entire amount you have lost back.
What percentage of lost money can I get back?
Casino cashback rates vary from site to site but tend to range from 5% to 20%. Be sure to compare the rates offered by different casinos before you choose one.
How is casino cashback calculated?
Casino cashback is determined by calculating your net losses over a specific period of time and awarding you a percentage of that amount as real money. For example, if you lose 100 EUR, your net loss is minus 100 EUR, which means your cashback is 10 EUR (at a 10% rate).
How often do online casinos pay cashback?
Casino cashback is usually paid out on Mondays (for weekly cashback) or monthly cashback on the first of the month. However, it is best to check with the casino site for more information on when you can expect to receive your money, as the date may vary from one casino to another.
What is the required minimum deposit to qualify for casino cashback?
The minimum deposit required to qualify for a casino cashback bonus varies by site, but in most cases, it will be around 10 EUR.
What games can I play to earn casino cashback?
In most cases, you can get cashback on online slots, but table games and live dealer games may not be eligible. Before playing, double-check the game’s eligibility to avoid confusion.
What are the wagering requirements?
Wagering requirements are the terms and conditions that must be met before you can withdraw any winnings from a casino bonus. In most cases, this means you must wager your bonus amount a certain number of times. For casino cashback bonuses, the wagering requirements will usually be wagering-free or lower than for other types of bonuses.