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Best Casino Cashback Offers for Real Money Players (2022)

Some of the best online casino features of 2022 include 100% welcome bonuses with 30-40x wagering requirements, high RTP slots, large cashout limits, and quick withdrawals. However, not many online casinos offer cashback on lost deposits.

If you’re looking for casinos that provide such offers to their players, this guide will introduce you to some of the best casino cashback bonuses with no wagering requirements, allowing you to withdraw your cashback money quickly and easily.

Casino Cashback Selection

A high-value casino cashback offer can make all the difference in terms of your bankroll and online gambling experience. To be sure, some cashback offers are far more beneficial than others, just as most other casino bonuses are, but there are some that stand out above the rest. They have different terms and conditions, making them more desirable and better value for money than others.

See cashback offers by some of the best European online casinos below.

Amok Casino Logo

10% Real Money Cashback at Amok Casino

Visit Amok Casino ➝

Casino Friday - Logo

Up to 20% Weekly Cashback at CasinoFriday

Visit CasinoFriday ➝

Winz Casino Logo

Up to €10K on Live Casino at Winz

Visit Winz Casino ➝

Mount Gold Casino - Logo

10% Real Money Cashback at Mount Gold Casino

Visit Mount Gold ➝

Exclusive Casino Cashback Offers – VIP

Some of the best online casinos offer up to 20% VIP cashback on all lost (net) deposits. This is an excellent way to recoup some money from lost deposits while also significantly increasing your overall playtime. Furthermore, most VIP casino cashback offers do not have any wagering requirements, allowing players to withdraw their cashback money immediately and hassle-free.

Here’s one to consider:

  • Weekly cashback of up to 20% at CasinoFriday (wager-free)

Casino Cashback Bonuses Explained

So, how exactly do cashback bonuses work? The truth is that an online casino may choose to provide cashback in any way it sees fit. However, 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.

Pros

  • 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

Cons

  • Some offers 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

Casinos offer cashback to thank you for playing with them and keep you playing more on their site.

Ultimately, it makes no difference what the casino’s motivations are. What is important are the terms and conditions of the cashback bonus they provide.

The Steps for Claiming Your Casino Cashback Bonus

Once you’ve decided on a casino offering a cash back bonus, the next step is to claim it:

  • Create an account at the casino
  • Make a deposit
  • Enter the bonus code, if applicable
  • Enjoy your cashback on losses!

This means that, in most cases, casino players will not be required to do anything to claim cashback because this type of casino bonus is typically triggered automatically. If you do not want to receive cashback for any reason, there is usually a way to opt-out of receiving this automatic offer.

It’s also worth noting that if the cashback is part of a deposit bonus, you may need to “opt-in” or enter a promotional bonus code in order to receive it. If you have any questions about how to claim a cashback bonus, contact casino support or read the offer’s terms and conditions.

Cashback Bonus Wagering Requirements Explained

Only a small portion of casino promotions are in the form of real money. The vast majority of bonuses are subject to terms and conditions, such as wagering requirements. This means that before you can withdraw any winnings, you must wager your bonus amount a certain number of times.

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 the casino cashback offer to determine how simple it will be to meet the wagering requirements and which games are eligible for contributing to them.

When it comes to the best casino cashback offers, however, things are a little different! This cashback is real money given as a percentage of your losses over a specific time period.

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.

Additional Terms

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 see which games are qualified 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).

Using Casino Cashback Money

The majority of the online casinos listed here provide cashback in the form of real withdrawable money, which you can either withdraw or use to play your favourite casino games (slots, blackjack, roulette, poker, bingo, etc).

Casino cashback Terms and Conditions

However, there are a few casinos that offer cashback in the form of bonus money, which means the cashback has wagering requirements that you must meet before you can withdraw any winnings. 

The Cashback Bonus Alternatives

Generally, there are no similar offers like cashback bonuses in the market. But, if you are not interested in receiving cashback, there are other types of bonuses that you may want to consider, such as deposit bonuses, free spins and 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 on the first of the month for monthly cashback. 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 you begin playing, double-check the game’s eligibility to avoid any 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.