Cashback bonus
The Cashback Bonus is slightly less common than other casino bonuses. The most well-known bonuses are the deposit bonus and free spins. The cashback bonus is usually not extensively promoted and is sometimes even hidden in the casino. However, this can be a promotion that is sometimes more useful than a few free spins or free play money in a casino. It is the only bonus that allows you to reduce the risk of depositing money. Are you curious now? Here you can read all about the cashback offer and especially at which casinos you can benefit from such a bonus. We even made a top list of the best cashback offers at the moment. You will immediately see where you need to create an account to benefit from a great offer.
- TOP 3 ONLINE CASINOS
€ 200
+ 220FS
€ 500
+ 150FS
€ 1000
+ 200FS
Cashback bonus top list
| # | Casino | BONUS | RATING | Play Now! |
|---|---|---|---|---|
| 1 |  |
Risk free try-out €25 | Claim now |
What is a Cashback Bonus?
The name Cashback Bonus of course says it all. If you deposit real money with cashback, you insure money on loss. Suppose you have deposited € 100 and after a few days of playing all your money is gone. After 24 hours of waiting the casino will refund some of your money. This is always real money. After that you can decide what to do with the Cashback Bonus. You can use the amount and try to win your money back. Or you can cash out the money. This is ideal if you are really done with it and you do not think you can win any more money. This is basically a short explanation of what this promotion entails for players.
How much money do you get back with a Cashback Bonus?
This is actually very dependent on the casino you play at and the Cashback Bonus promotion that is valid. On average it is between 10% and 20%. If you deposit €100 and you lose everything, you will get back between €10 and €20 with a cashback bonus. The good thing about this promotion is that there is no limit. Most online casinos always give a percentage of the amount you deposit when you make use of the bonus. Did you deposit €1.000? You’ll get back € 100 if you manage to lose it all. It is true that there is always a waiting period of 24 hours. Would you like to continue playing until then? Then you would have to deposit extra money. The next day you can start playing again with the money you got back.
It’s the only bonus where you get real money
Of all the bonuses in the online casino, this is the only one where you get real money. Usually it is bonus money that you get back. You have to clear it first before it turns into real money. Clearing it takes so much effort, time and money that sometimes it is unfeasible. A cashback always gives you real money as the name suggests. You do not have to unlock it first, but the money is yours. If you want to withdraw it, you may. But if you want to use the money to gamble, you can. For many players, this is one of the biggest advantages of this bonus. After all, there are very few bonuses where you can get real money.
The ideal promotion for high-rollers
Especially for high-rollers this is the ideal promotion to use. High-rollers often fall by the wayside due to limits. A 100% deposit bonus is very nice, but often only up to €100. If you deposit €1,000, you only get a small portion doubled. A cashback bonus of 10% is much more interesting and the money you get back is real money. A deposit bonus is unfortunately always a bonus money which you have to clear first. For a high-roller, a cashback is much more convenient. Another advantage is that you limit the risk of playing with a lot of money. If things go wrong you never lose everything and you always get a second chance to win your money back.
Is een cashback dangerous?
Officially, it is not dangerous. You are not obliged to do anything if you use it. If, after collecting the money, you decide never to return, you may. You are not tied to anything and you can just walk away. But there is a danger in this. Because of the promotion you run a lower risk. Even if you lose everything, you still get a part of your money back.
Because you have a lower risk, there is a danger that you will play looser. Normally, with € 1,000 you would be careful not to lose it all. Now you might dare to take more risk, than you would normally do. This can be a danger because you will gamble everything faster than you normally would. If this is not an issue for you as a player, then there is actually no danger attached to this bonus.
When do I get a cashback bonus?
An online casino may decide which bonuses to use. A bonus is usually used to attract players and persuade them to create an account. Only the moment at which you can receive a cashback varies greatly from casino to casino. At some sites you will receive one when you create a new account and deposit money for the first time.
There are also sites which have action weeks. Should you deposit a reload during that week, it will be protected with a bonus. These are all options, but players who are most eligible for cashback are VIP players. As a VIP player you are known as a high-roller and your personal bonuses are selected for you. You get special offers which suit a player who deposits a lot of money. If there is one high-roller bonus it is of course the cashback and therefore you will get it regularly as a VIP player.
The conditions of cashback
Of course every bonus comes with conditions. These may vary from casino to casino, but there are a few terms and conditions that are common to all casinos. We’ve listed some of the more common terms here. This way you will have an idea what to expect when you make use of the bonus. One of the conditions is that you have deposited money during the promotional period.
Temporary action
Some online casinos require you to enter a code to indicate that you want to use cashback if things go wrong. So pay attention to this. Another condition is that you really have to lose all your money. You cannot have one euro left. The cashback is only valid on the amount you have deposited during the promotion. If you have already deposited money before, then this does not count. It also does not count if you deposit money later.
You have to lose your money within 24 hours
One of the rules is that you have to lose the money within 24 hours after depositing. Unfortunately, it is not valid if you lose the money a few days later. If you lose the money within 24 hours, you will receive 10% to 20% back on your account 24 hours later. You will have to wait 24 hours to receive your refund, but it is not immediate. Also, most casinos will not give you a bonus if you deposit more money after losing all of your play money. So pay attention and wait patiently until you get your money back. Again, the rules may vary from casino to casino, so make sure you read them before you play.
How does a Cashback Bonus work exactly?
Time needed: 2 minutes.
The type of Cashback Bonus you can get varies from casino to casino. However the basic principle is the same. You will get a percentage of your money back into your casino account if you lose it. Here is how it works.
- One Casino offers a 10% Cashback bonus
Casinos may give a Cashback bonus on certain slots. You will also find Cashback bonuses which are only applicable on Live Casino. You should always check which games are eligible for the Cashback Bonus.
- Cashback Bonus for Starburst Slot
For this example, let’s assume the Cashback bonus applies to the Starburst slot. Then you wager €100 on this game. You can set your bet on the Starburst in the bottom left using the ‘Bet’ button.
- Amount lost
You now unfortunately lose €100 on the Starburst slot. Luckily we can now count on the Cashback Bonus! So how does that work exactly?
- The Cashback bonus now gives you 10% back
You will now receive 10% of the €100 you lost back. That means you’ll get €10 back into your casino account.
- Play on or withdraw the amount
Of course it is attractive to continue playing with the money you get back. But of course you are not obligated to do so! You can also just withdraw the money and stop playing.
Benefits of cashback
One of the advantages of a cashback bonus is that you can play with less risk. For 24 hours you can lose everything without really losing everything. Another big advantage is that you, as a high-roller, are not forgotten for the first time. With most cashbacks there is no limit so you can deposit €1,000 and qualify. Another advantage is that you get real money back and no bonus that you have to clear first. In short, there are enough advantages to choose this bonus instead of free spins or deposit bonuses.
Getting the most out of the bonus
One of the tips to get the most money out of it is to pick a day that you have 24 hours to play. You really need to be fully committed and willing to take risks. If you don’t get to play much that day, your risk is not fully protected. The protection is usually only valid for 24 hours, so during that time you should be prepared to bet fully at the casino. This of course takes some preparation, but if you take a weekend to do it, it should work.
Playing as a high roller
If you are willing to do that, then you are really making the most of the bonus. You can take more risks than you normally would because you know you’ll get your money back if things go wrong. You can play like a high-roller and compete for big casino prizes. Who knows, maybe it’s a good idea to take a little more risk and win some nice money. If things go wrong, you are always protected by your cashback. This is the only way to get the most out of this promotion!
All you need to know about Cashback Bonuses
You will receive a cashback bonus for losing your wager when you play a game at an online casino. This makes losing less of a problem and gives you a chance to continue playing and maybe win your money back.
That percentage is between 10% and 20%. So with 20% on an amount of €100 you get €20 back into your account after a loss.
It depends on the casino you play at. Some casinos apply a Cashback Bonus only to certain slots games. It is also possible that the Cashback Bonus is valid on live casino games. You should always check with each casino!
No, you don’t have to. While it may be appealing to try to win your money back, you can also choose to withdraw the money.
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