Among various online casino bonuses such as free spins and reload bonuses, cashback casino bonuses in Canada are the most preferable. Since cashback has become a trend, Canadian casinos started to implement this bonus feature into their promotions. Yet there is a certain essential circumstance — it makes Canadian players deposit more and more to get a percentage of their cashback. In this article, we feel like telling you everything you need to know before you join the best cashback online casino.
Best Canadian Cashback Casinos
A 10% cashback on the game of the week at Guts Casino.
A permanent 10% cashback on Yako.
Every Tuesday 10% cashback bonus on live dealer’s games on Genesis.
An unlimited 10% cashback bonus on the Fun Casino website.
A 10% cashback from Hyper.
Get up to 20% cashback on your losses at Wildz casino.
Check out the list of the best Canadian casino sites, offering you to take your cashback. We ensure that the recommended online casinos are also great mobile casinos that provide the top service; they are legal, safe, and care for their players. If you want to know more details about the cashback casino in Canada, you can check the reviews by clicking on their links.
How Cashback Bonus Works
Simply put, an online casino cashback is a bonus that gives a percentage of a player’s money back to his/her account. The cashback calculation is based on the losses of the player during a period of time or for a particular deposit bonus amount. Here you can see a few examples of a typical cashback offer.
- Deposit at least $200 and get a 100% cashback of up to $50.
- Weekly Cashback: 5% of your losses back up to $100.
- 20% Cashback up to $50 on Starburst.
The essential requirement of a cashback bonus is that you must deposit and play the qualifying games. Most cashback offers set a minimum limit of deposit. Another essential thing you need to remember is losing. Obviously, you can’t get your losses back if you win every spin.
Some players may think it’s outrageous to claim a bonus that requires losing. But let’s look at this from a different angle. Of course, it doesn’t mean that you need to lose on purpose. You can and will win. But the cashback bonus is sort of a safety bag for your losses.
In case you lose your deposited money away on the game, some cash will be back in your account. And if you win a sufficient amount of money, you will care more about winning than about the small bonus that will make no difference to your current balance.
Wagering Requirements of Cashback Bonus
Here’s the reason why cashback bonuses are the most preferable for players. They almost never have wagering requirements. Or if they do, players are often allowed to get the cashback as soon as they make one wager. However, some cashback casinos Canada can set up to 10x wagering requirements, which is still a tiny amount compared to typical requirements for a match bonus.
All in all, most casinos are more lenient towards players who claim cashback bonuses as they have already funded a sizable amount of money. There is just no reason for casinos to complicate things. So, it’s purely worth claiming the cashback offers, at least because they have little-to-no wagering requirements.
Cashback Bonus Types
A cashback bonus can come in several forms. It’s a rare thing to see a daily cashback in an online casino. But if you are lucky to find such a casino, you can take advantage of it. Nevertheless, most casinos offer cashback only for certain occasions. Here are the types of cashback bonuses:
- A Happy Hour Cashback. You need to stay alert when the happy hour is in your casino. Typically, online casinos set a certain time limit during a day when they offer players a cashback for their losses.
- Weekend Cashback Bonus. The weekend is the time when most people have a rest and can afford to play for a few hours. So, casinos encourage players to deposit more on weekends by giving them a safety net in the form of cashback.
- Cashback for a particular game. When casinos introduce a new game release on the site, they usually encourage players to try it out by giving their losses back.
- VIP cashback bonus. Cashback is a common thing in a VIP program list of offers. High-rollers usually claim this offer in order to compensate for their large funds.
What to Choose: Cashback Offer or Match Bonus?
Surely, there are some positive and negative sides to a cashback bonus. Since it’s a bonus, it has a few requirements in the bonus terms. But you can also benefit from these bonuses if you are planning to play at your favorite cashback online casino for a long time. Best Cashback Casinos Canada
Recently, cashback has become as popular as welcome bonuses. So, a few online casinos give new players a choice: cashback bonus or standard welcome bonus that usually includes a 100% match deposit bonus and a number of free spins. Both options are acceptable. The choice only depends on the player’s purpose of gambling.
You can choose a welcome bonus with free spins if you aren’t planning to stay at the casino for long. In other words, the welcome bonus will boost your bankroll during a particular game session.
But if your purpose is to play at your favorite cashback casino Canada pretty often, then you’d better choose the cashback offer. You will return some of your money in the long run.
No matter what your online gambling plans are, cashback is the ever-beneficial bonus. Whatever game you play, you will always win and lose. And on those days when you’re missing your lucky hand, the best decision that you’ll find is to claim a cashback bonus. At least, you will return your money without having to wager the bonus fifty times.
Often, cashback bonuses are a part of a loyalty scheme or a VIP program. Moreover, almost all VIP players get a generous cashback from their online casinos. But there are online casinos that can give cash back to regular players who constantly deposit and play games for real money. So, in order to get cashback offers from your online casino, be an active player.
Usually, online casinos give cashback to existing players. Besides, you need to have played for at least a few days or weeks to get a weekly or monthly cashback. Once you are opt-in for the cashback bonus, your casino will calculate your cashback considering your losses. Most casinos credit the cashback amount to your cashable balance. However, some sites give it to you as a bonus that is subject to general wagering requirements.
It depends. Some casinos have no strings attached and credit the cashback amount to your real money balance. But there are sites that give cashback in bonus money. And in order to get back your cash, you need to convert the bonus money into cash by meeting the wagering requirements. So, be careful with the cashback bonus.