Casino Cashback Bonus
OCasino cashback bonuses are by no means a new feature specific to online casinos. In fact, they were first introduced in land-based casinos as a way to entice players. Unlike free meals, drinks, or room upgrades, these bonuses give players real money or credits.
The way a cashback bonus works differs from typical casino offers as it’s tied to the amount the player deposits or the amount they lose in a certain period.
With a cashback bonus at, say, Rocket Casino or another online venue, the player receives a percentage of their losses back. These bonuses are most often set at 10%, but they can range from 5% to 25%. Additionally, they can be tied to all losses or losses within certain games.
Cashback bonuses in most casinos don’t have a wager requirement. This makes them easy to calculate and rely on, giving players an immediate reward for their loyalty.
In this article, Lola Henderson, head editor of Aucasinoslist, will provide an overview of popular cashback bonuses, their pros and cons, and common offers you can find in online casinos. At Aucasinoslist, we are dedicated to our readers, so we made sure to explain how each cashback bonus type works and what its advantages are.
The List Of The Best Cashback Bonuses Online In Australia
1 | Leon.bet | Get Bonus | Cashback Bonus 10% |
2 | Wild Fortune | Get Bonus | Cashback Bonus 15% |
3 | King Billy | Get Bonus | Cashback Bonus 13% |
4 | Spinanga | Get Bonus | Cashback Bonus 15% |
5 | Spinanga | Get Bonus | Cashback Bonus 25% |
6 | Slots Gallery | Get Bonus | Cashback Bonus 10% |
7 | AmunRa | Get Bonus | Cashback Bonus 25% |
8 | AmunRa | Get Bonus | Cashback Bonus 15% |
9 | 5Gringos | Get Bonus | Cashback Bonus 15% |
10 | ZotaBet | Get Bonus | Cashback Bonus 20% |
11 | Dolly | Get Bonus | Cashback Bonus 15% |
12 | Tsars | Get Bonus | Cashback Bonus 10% |
13 | BetOnRed | Get Bonus | Cashback Bonus 25% |
14 | MrPacho | Get Bonus | Cashback Bonus 15% |
15 | Fastpay | Get Bonus | Cashback Bonus 10% |
16 | Nomini | Get Bonus | Cashback Bonus 15% |
17 | Just | Get Bonus | Cashback Bonus 50% |
18 | 50 crowns | Get Bonus | Cashback Bonus 20% |
19 | Golden Reels | Get Bonus | Cashback Bonus 20% |
Types of Cashback Casino Bonuses
Not every cashback bonus is the same. The Aucasinoslist team has analyzed the most common types you can encounter in online casinos. Let’s look at them in greater detail.
Monthly or Weekly Cashback Promo
Short-Term Cashback
Bonus on All Losses
Cashback on Games
VIP Cashback Bonus
Game Provider Cashback
Converted Cashback
Progressive Cashback Bonuses
Live Casino Cashback Offers
Find New Cashback Casino Bonus
It’s hard to keep track of all cashback offers popping up in the industry. With new casinos opening frequently and established venues regularly launching time-limited promotions, players can miss out on some excellent money-saving opportunities.
For this reason, the Aucasinoslist team of professionals keeps working to find the best online offers and share them with our fellow players. If you’re looking for new cashback promos, use our list of trusted casinos as a resource.
How Does a Bonus Cashback Casino Work?
Cashback casino bonuses let you recoup a percentage of your losses within a certain timeframe. This can be a day, week, or month.
The cashback is calculated based on your losses, meaning you have to lose a certain amount of money first. For example, a 20% cashback offer means you will receive A$20 on each A$100 you lose.
However, just because a casino advertises a 20% cashback doesn’t always mean you will receive 20% of all your losses. Online casinos usually have restrictions on games the bonus applies to, the maximum bonus amount you can receive, or the minimum amount you must lose to be eligible for cashback.
In other words, you should always read the terms and conditions of the bonus before you start playing.
Advantages & Disadvantages
A cashback bonus can help players in several ways, so its popularity isn’t surprising.
Some of the main advantages of these bonuses include the following:
- ✅ Reduced Losses. When the casino refunds a percentage of your losses, your overall financial risk decreases. This ensures a softer landing if you lose a higher amount of money.
- ✅ No Wagering Requirements. Other bonuses often have wagering or playthrough requirements, meaning you have to spend the bonus a number of times before you can withdraw it. With cashback bonuses, you don’t have to worry about this.
- ✅ A Chance to Play Longer. Cashback bonuses can extend your sessions by reducing financial pressure, allowing you to play more for the same deposit.
- ✅ Increased Rewards. With time, players usually progress to higher VIP levels, where their cashback becomes higher. This means casinos reward their loyal players.
- ✅ Compatibility with Different Playing Styles. Cashback is suitable for all player types, whether you’re a casual player who bets low amounts or an experienced high-stakes gambler.
- ❌ Limited Percentage. In most cases, cashback only gives you up to 10% back. This is not enough to consider it a safety net, so you shouldn’t rely on cashback to protect your finances.
- ❌ Capped Refunds. In most casinos, there is a maximum amount you can receive. Even if it’s not advertised, the maximum amount will be mentioned in the terms and conditions. While it varies from casino to casino, it usually doesn’t exceed A$200.
- ❌ Bonus Money Restrictions. The cashback you receive is often not real but bonus money. This means you can only use it to play more, and if you lose any of it, you don’t accumulate more cashback.
How to Get Online Casino Cashback Bonus
In most cases, cashback is calculated automatically, so you usually don’t have to do anything to receive it. However, you have to follow some basic steps.
- Find a Casino With the Best Cashback. Analyze the offers across various platforms. For example, look at RocketPlay Casino and compare it to other online venues to find the best promotion for your playing style.
- Read the Terms and Conditions. Always read the terms of your bonus to ensure it fits your plans, the games you want to play, your payment option, your location, and the amount of money you want to spend. Calculate potential losses to understand what the casino is offering.
- Register. Create an account and verify it so you can start playing.
- Play Eligible Games or Genres. Cashback is most often reserved for slots; it’s typically unavailable on live games unless the casino explicitly states the opposite. Check which games will get you cashback and play them.
- Lose. While winning feels much better, remember that cashback is only calculated against losses.
- Wait for the Cashback Day. Most casinos give cashback bonuses on certain days, whether it’s a specific day of the week or the beginning of the month. On this day, you will either receive the money automatically or have to submit a request to the cashier or support.
- Repeat. If it’s a cyclical bonus (and it often is), wait for it whenever you meet the requirements.
Cashback Casino No Deposit Bonus
A no deposit bonus is a type of promotion where the casino gives you cashback on your losses without requiring you to make an initial investment. This is an extremely rare bonus created to attract new players.
You don’t need a deposit to receive it. Instead, all you need to do is register an account at the casino. As soon as you do this, you automatically receive bonus funds or free spins to play with.
When you lose this bonus money, the casino reimburses a percentage of the loss as cashback. For example, if you lose A$50 and the cashback is 10%, you will receive an A$5 bonus.
So, what’s the catch?
The casino usually has limits on the maximum cashback, which is typically a low amount that doesn’t cost the casino too much. Since the bonus is so popular, it usually attracts many new players and brings the casino a lot more money than it paid through the no deposit bonus.
Another thing to look for is wagering requirements. In some cases, you must play through the bonus amount a certain number of times before you can withdraw it.
Common Cashback Offer Terms & Conditions
Cashback offers are common in the industry, and they are often given under similar conditions. To understand what you ultimately get with each casino, it’s important to understand the jargon and apply the offer to the amount of money you intend to spend.
Let’s look at some common terms casinos use to shape their cashback promotions.
- Maximum Cashback. This is the highest amount a casino will pay out, regardless of your total losses. It is either outlined in the promo itself or stated in the terms and conditions. For example, if the maximum amount a casino will pay out is A$100, it doesn’t matter if the percentage of your loss is higher than that — you will only receive A$100.
- Minimum Cashout. The minimum cashout is the lowest amount you can withdraw from the casino. If your cashback is lower than this minimum, you won’t be able to withdraw the money.
- Minimum Deposit. This is the smallest amount you can deposit and still qualify for cashback. For example, RocketPlay Casino requires you to deposit A$30 to be eligible for cashback.
- Game Restrictions. Cashback bonuses most often apply only to certain games. You will usually find these restrictions in the terms and conditions or on the FAQ page.
- Maximum Bet. This is the highest wager you can play per spin while using cashback bonuses. For example, the maximum bet per spin could be A$5, while using more could make your bonus void.
FAQ
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What is a casino cashback bonus?
A casino cashback bonus is a bonus that gives you a portion of your losses back. The casino will calculate your losses and reimburse you a percentage, usually 10%.
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How to get a cashback bonus in an online casino?
To get a cashback bonus in an online casino, you have to register, deposit some money, and lose money in specific games. Read the terms and conditions to understand how the bonus works and what requirements you have to meet to receive it.
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How does a welcome bonus differ from a cashback bonus?
A welcome bonus usually has wagering requirements, and it is awarded only once to new players. On the other hand, a cashback bonus is typically not limited to new players, and in most cases, you don’t have to deposit a specific amount of money multiple times before you can withdraw it.
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How can you claim casino cashback bonuses?
Before you choose a casino cashback bonus, read its terms and conditions. Some casinos give their players automatic bonuses, meaning the players don’t have to do anything to claim them except meet the requirements. In other casinos, you must contact a cashier or other staff to claim the bonus.
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Is it possible to win real money with cashback?
Yes, it’s possible to win real money with cashback. This is not winning new money, though, but only receiving a part of your lost funds back. However, you can use these funds to play new games, meaning it’s still possible to win more.