Page updated on 13.11.2020
Casino Cashback Bonus
A cashback bonus is unique as far as online casino bonuses go since it is only available to players who have consumed the balance of their deposit. Think of it as a second chance to play some more and perhaps even win some money before making another deposit.
Some operators offer a new player cashback bonus as standard. However, we see this promotion more regularly offered to existing players. Sometimes it can be an exclusive offer to casino rewards VIP players, but this is by no means always the case.
As is often the case, you will receive your cashback bonus within 24 hours of exhausting your initial deposit or at a time specified in the terms and conditions.
Top Casinos with Cashback Bonuses in 2021
Players from qualifying countries can find some of the Best Cashback Bonus Casinos listed here. Each comes with a review where we look at different areas including accepted currencies, casino payment methods, games (slots, live casino games and table games) and more.
|♣ fast withdrawal processing
♣ very good bonus wagering terms
♣ Games: 6000 ♣ USD accepted: ✓ ♣ English Website: ✓
♣ Slots, Live Casino, Jackpot, Table Games
|Up to €/$1000 or 5 BTC + 200 Free Spins ▼ More Details ▼
1st Deposit: 100% up to €/$200 (or 1 BTC) + 200 Free Spins
2nd deposit: 50% up to €/$200 (or 1 BTC) (bonus code WELCOME2) 3rd deposit: 25% up to €/$300 (or 1.5 BTC) (bonus code WELCOME3) 4th deposit: 25% up to €/$300 (or 1.5 BTC) (bonus code WELCOME4)
|♣ Bonuses have low wagering requirements
♣ interesting game selection
♣ Games: 1000 ♣ USD accepted: ✗ ♣ English Website: ✓
♣ Casino, Live Casino
|100% up to €/$500 + 200 Free Spins|
|♣ lifetime cashback bonus without wagering
♣ 24h customer support
♣ Games: 1500 ♣ USD accepted: ✗ ♣ English Website: ✓
♣ Casino, Live Casino
|(T&Cs apply)no welcome bonus available, 10% lifetime Cashback instead|
|♣ fair bonus wagering conditions
♣ support available 24/7
♣ Games: 2500 ♣ USD accepted: ✓ ♣ English Website: ✓
♣ Slots, Live Casino, Table Games, Jackpots
|no welcome bonus, but 20% Cashback on all losses|
*Bonuses are tied to T&Cs. Bonuses can change any time.
Usually, the cashback bonus is calculated as a percentage of your real money net loss. It excludes any losses arising from bonus money. Often, the casino will credit you this amount in bonus money, which is subject to bonus terms and conditions. The casino will apply a minimum cashback reward, such as £/$/€1, and a maximum amount such as £/$/€100.
Cashback Bonus with no Wagering Requirements
Some casinos may offer cashback bonuses in real money with no wagering requirements. These are likely to be operators who only offer this type of bonus and is available to all players. The casino will review your activity first to ensure you did not violate any terms such as bonus abuse or using a prohibited strategy.
Cashback Bonus with low Wagering Requirements
The cashback bonus with low wagering requirements represents an interesting trade-off between bonus wagering requirements and the value of the bonus. Consider it a hybrid of no wagering requirement cashback and wagering requirement cashback.
Unlike the first cashback bonus we looked at, this one does have a playthrough requirement that can be small of say 3x the amount. What you get in return is a higher bonus amount. We've listed an example below:
Cashback Bonus with no Wagering Requirements: 10% cashback
Cashback Bonus with 3x playthrough Requirement: 20% cashback
It is also likely to be offered by casinos where the cashback bonus is the only type of bonus offered. Remember to use them ASAP as they will expire if unclaimed.
Cashback Bonus with Wagering Requirements
The cashback bonus is subject to wagering requirements as are all bonuses that credit bonus money. It includes a rollover requirement (also called playthrough or turnover) that can vary widely by the operator.
If you're unfamiliar with a turnover requirement, we'll introduce you to the basic idea.
Suppose the bonus T&Cs state a 35x rollover requirement on the bonus and you decide to use it playing a video slot. You deposit and subsequently lose €250, and the casinos will credit you with 10% for $25 in bonus money. You will need to make cumulative wagers of $875 calculated as 35 x $25.
Until you have made $875 in bonus money wagers, you will not be able to withdraw any of your winnings arising from it. Suppose you do try to withdraw it or breach any of the other terms. In that case, the casino will withhold any winnings arising from the bonus. The reason is that bonus money is merely casino money until you have met all of the bonus requirements.
As with the example we just gave you, every $1 of bonus money wagered counted as $1 towards satisfying the wagering requirement. While this is true for most video slots, this is not true of all games.
For example, each $1 wagered may only count as $0.50 towards satisfying the playthrough requirement if you're playing live casino games. It means you will have to make cumulative wagers of 2 x $875 or $1,750.
The casino may also state that each $1 wagered on table games may only count as $0.10 towards satisfying the playthrough requirement if you're playing live casino games. It would mean that you must make cumulative wagers of 10 x $875 or $8,750. Finally, the casino might also state that progressive jackpots, classic slots and all other games do not count towards completing the wagering requirements.
To sum it all up, we've put it all in the table below.
Video Slots contribute 100%: 35 x 100%/100% x $25 = $875
Live casino games contribute 50%: 35 x 100%/50% x $25 = $1,750
Table games contribute 10%: 35 x 100%/5% x $25 = $8,750
Classic slots & all other games contribute 0%: $0
As is the case with all casino bonuses, all other things being equal, you should go for the cashback bonus with the lowest playthrough requirement. Furthermore, use the cashback bonus money on games that contribute the highest towards completing the playthrough requirement (100%).
There are other bonus terms and conditions such as maximum bets per round, so make sure to read them carefully.
Loyalty Cashback Bonus
Some casino rewards casinos with loyalty programs will reward cashback in real money rather than bonus money. The big benefit of this type of loyalty cashback program is that you don't need to satisfy any bonus wagering requirements. As with a regular cashback bonus, the casino will only reward a sum if it meets the minimum threshold.
Popular casino bonuses
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Cashback Bonus FAQ
A cashback bonus is a promotion that credits players with either bonus money or real money. It is calculated either as a percentage of your deposit lost or using some other formula. It's an opportunity to play a little longer without depositing more funds.
The answer is that it depends on the casino. At FortunaOnlineCasinos.com, we do market casinos that exclusively offer cashback bonuses to all new players and existing ones. Others offer a loyalty cashback or VIP cashback program geared more towards high rollers.
Yes, you can play most games with the cashback bonus promotion. However, where bonus money is involved, the game you play will impact the contribution it makes towards satisfying the playthrough requirement. Effectively, this could mean you will have to play longer.
Some online casinos credit cash in which case there are no bonus terms. For the rest that credit bonus money, the biggest one is the playthrough requirement. Here, you'll need to wager the bonus money for a cumulative monetary value expressed as a multiplier (ex. 20x) your bonus money.
At many casinos, you simply need to have registered, deposited at least the minimum required and consumed all of your real money balance. Remember that you cannot receive a cashback bonus by consuming bonus money. While cashback bonuses may be open to all players, some may be exclusive to VIP and loyalty programs.
Real money and bonus money are not the same things. When you receive a real money cashback, it is not subject to wagering conditions. It can be withdrawn assuming you meet the minimum withdrawal threshold. Bonus money is casino money subject to bonus terms and conditions.
You cannot cashout cashback bonus money. It will become real money only once the casino is satisfied that you've complied with all the T&Cs.
All winnings from a cashback bonus are subject to scrutiny by the casino to ensure you were compliant with all the terms & conditions. If it finds that you violated one or more, it reserves the right to cancel your winnings. What you'll find here on our pages are reputable online casinos that pay all legitimate winnings.