Best Cashback Online Casinos and Bonuses 2021
Our expert reviews gather first-hand details to guide you in choosing your perfect cashback casino online bonuses in less than 10 minutes. Ready?
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Top Canadian casino cashback bonuses 2021
|Offer||What qualifies you||Wagering||Max cashout||Casino|
|11%||Losses: C$15000||1xB||C$5000||Paradise Casino|
|10%||Deposit: C$10||50xB||N/A||Fun Casino|
What are cashback casino bonuses?
A cashback casino bonus entails an incentive offer that allows a specific percent of the money you lose when gambling to return to your account as cash.
In gambling, as in life, you win some, you lose some. Therefore, losses are very likely to discourage players from enjoying all that a casino has to offer. This special bonus ensures that no Canadian gambler walks away empty-handed.
Recommendation: Even if high rollers get more of an apparent strategic advantage when using such a bonus, the idea behind it is just as beneficial for low rollers and occasional players.
Fun fact: Although the online casino cashback bonus is by far a favourite with online slots, players can wager this type of bonus on different games available on the casino online platform.
Commonly, a casino refund has a total amount match or a percentage match for every sum used in a bet. The wagering requirements for casino cashback bonuses act as a backup for players who experience losses to keep playing. In contrast, other types of bonuses encourage users to begin playing.
Tips: Often, cashback bonuses have lower wagering requirements than other types of bonuses.
How can you claim a cashback casino online bonus?
The exact methods to claim a cashback bonus depend entirely on your casino of choice, but these are the basic steps you are most likely to go through:
- Fill in the necessary details and create your account;
- Access your bonus and, when the case, enter the bonus code;
- Fulfill the wagering requirements attached to your bonus within the set timeframe;
- Withdraw your bonus before it expires.
These offers are relatively straightforward, and the steps to getting them are usually extremely accessible.
The steps we provided above should have you covered. Even if the process is slightly different from your casino of choice, you now know to look for the essential details and cover your bases.
Important: Remember the importance of scanning the terms and conditions before you claim any cashback bonus.
Are there different types of cashback bonuses?
Yes! They come in different shapes and sizes. Here's a short list of what types of casino offer you can expect!
- Welcome packages that include cashback bonuses:
Some of the best online casino welcome bonuses include a refund offer alongside at least one deposit match.
In this case, it’s very likely that the cashback bonus applies to your first and perhaps even second loss, in case you exhaust your funds before reaching the deadline.
- Promotions for existing users:
These are daily or recurring refunds when wagering on specific games mentioned in the promotion terms, ensuring that existing users can continue to play.
- Free spins:
Often, these bonuses are linked to free rounds, promoting a new slot game, or rewarding enthusiastic spinners.
Recommendation: A cashback casino bonus involving free spins can be rather productive for a player, as long as the promotion does not merely entail receiving free spins at the end of your play session.
- Bonuses from VIP schemes:
When attached to VIP schemes, they entail that a percentage of your daily, weekly, or monthly losses will be periodically restored to your account.
What’s special about the VIP cashback casino bonus
A VIP cashback casino bonus is a more lucrative type of cashback bonus because the amount of your refund will increase the more you advance in VIP rank.
Fun fact: Land-based Canadian casinos offer luxury gifts and VIP treatment to their highest investing gamblers. These are part of the unique online VIP treats!
When rewarding loyal customers, Canadian online casinos may also decide on the bonus percentage according to the funds players invest in the casino. This percentage is usually no less than 5% and can certainly be much higher.
- Sometimes, online casinos automate the granting process related to a VIP program. There is no need for codes or to wait for a specific date to claim your bonus.
- Canadian gamblers can only access some VIP offers of this type on specific games selected by the casino. Mostly, these games are poker and roulette.
Gamified casinos, for instance, generally offer these rewards to users who play regularly over some time.
Recommendation: Accepting a VIP incentive depends on your gambling style and needs. Suppose you regularly deposit with a preferred casino. In that case, it may be a good idea to choose a casino with an advantageous VIP program.
What’s a great cashback casino online offer
A strong deal is an offer that comes from a reliable casino and is truly advantageous for the player, based on 5 criteria:
- High bonus amount;
- High bonus percent;
- Long validity;
- Low wagering;
- No game restrictions.
Important: Check that the online gambling platform of your choice is a top one and holds a valid license, like those offered by the Malta Gaming Association, the UK Gambling Commission, or the Government of Curacao.
How often can you get a cashback bonus?
You could receive your promotional material monthly or weekly. Sometimes, online casinos offer their cashback daily, based on the gambling you did the previous day.
Recommendation: If you play regularly, you’re sure to make the most out of a daily bonus. However, weekly deals are more attractive to weekend players, and monthly rewards would better suit occasional players.
What limits does a cashback casino online bonus have?
Some online casinos offer a high percentage in the terms but limit your cashout to low amounts, like C$20 or vice versa.
Ideally, the best cashback bonuses offer a high percentage and high or no limits to the amount of cash you can claim.
Recommendation: In the long run, your chances of significantly increasing your payback percentage are better with a cashback bonus that has a percentage on the lower side if it grants you a high limit (if at all) on the cash you may receive.
Why you should let us guide you
We only share expertly procured details, tried and tested in countless Canadian online casino cashback deals, so our readers can best decide what they need.
The specialized bonuses we have listed belong to casinos that we personally and regularly check from the user’s standpoint.
And yes, we do not shy away from detail. Apart from everything we mentioned above, we will walk you through the nitty-gritty of wagering, including how to calculate your bonus.
Read on and find out the reasons you should invest in these online opportunities.
Should you wager a cashback bonus?
Yes! Having a lower wagering rate than most deposit bonuses – if any at all – a good deal is always worth its wagering requirements.
Some promotions, also known as insurance bonuses, will not request an extra payment on your part but rather pay you based on the amount you lose while playing.
Recommendation: You need to wager between x0 and x40, and it tends to be lower when the offer percentage is smaller.
A few online casinos offer unlimited cashback. On the opposing side, a more popular approach is offering, for example, 10% of the bets, but with a maximum limit of C$1,000.
Important: As a general rule, cashback bonuses cannot be wagered on games with a 50% chance of winning.
Are there any cashback bonuses with 0x wagering?
Yes, 0x wagering offers exist, but they are quite rare. Currently, we have found one from FortuneJack Casino.
Online casinos may impose other restrictions on available games.
For instance, there are Canadian casinos that only grant your refund in the form of real money on poker. Sometimes, you may only use even the cash you receive to play specific games. Usually, these restrictions are imposed on low-edge games.
Tips: Cashback on total bets means that you will receive your bonus according to the total amount you wager within a particular timeframe, regardless of whether you lose or win.
Calculate your cashback casino bonus
In simple math, the most you can get is the maximum limit stated in the offer. Otherwise, you calculate the percent of your loss as follows:
- Let’s assume that the + bonus is a 10% return on a specific slot like Starburst. If you wager C$70 and lose it, you will get 1 × 70 = C$7 into your account balance. For high-rollers who deposit C$700, a C$70 back means a free extra gaming session altogether.
- A 20% refund percentage on your daily losses means that if the total amount of money you play and lose in a day is C$600, you will receive 20/100 × 600 = 0.2 × 600 = C$120 the end of the day.
- Let’s say that your bonus is 30% up to C$60 on poker. If you wager C$80 and lose all of it, then you should get back 3 × 80 = C$24 back to your account. However, if you wager C$800, then the result is 0.3 × 800 = C$240, which exceeds the limit of C$60. In this case, you will only receive C$60.
Tips: This material can be awarded as casino credit or paid directly as cash via Skrill, Interac, Neteller, PayPal, or any of your preferred payment services.
Why should you go for cashback?
Read on and decide for yourself:
|Low wagering requirement or none at all||You need to lose some funds|
|Immediate cashout||The percentage is usually small|
|No big scary losses||Most of them are offered on the first deposit|
|You can play longer|
|Some of them do not require a deposit|
Notice: It's essential to stay on top of your gambling habits. A small percentage is not the same as recuperating your losses entirely. However, a bonus does soften the blow of losing a few bets. Although free spins winnings may be unpredictable, using your bonus code on poker or blackjack can be a great deal of help.
Concluding points on cashback casino bonuses
Casino cashback bonuses are the optimal deal for regular gamblers. Still, there are some pretty amazing offers for weekend players and occasional users.
It’s a breeze to pick the right cashback bonus for your gameplay if you follow the steps that our team of experts has put together. Extra insight is in store if you read the terms and conditions!
The bonus keeps the games going, as well as your chances to win big. It's simple math, and it's worth it.
★ 10% Cashback Blackjack Bonus up to C$50 at YakoCasino
At YakoCasino, you get rewarded even when you lose. All the loyal Canadian gamblers can benefit from a nice Blackjack bonus that will bring you some of your money back if you lose. Get in touch with the support team to get this deal.
If you gambled and lost, you can receive a 10% bonus up to C$50. This is calculated on net real money losses. You can cash out your winnings only after you’ve wagered the bonus amount 10 times. Don’t let this promotion slip through your fingers!
★ 10% Slots Cashback Bonus up to C$5000 at Campeonbet
Worry less about your loss with this convenable Cashback Bonus on slot machines. Campeonbet gives you back 10% up to C$5000.
The playthrough requirement is 8 times and should be completed within a maximum of 2 days from bonus activation. The minimum amount is C$4 and the maximum given as cashback is C$5000. Pay attention as this is eligible only for slot games from Playn'Go, Netent, Habanero and Playson.
Make sure you also read the Terms and Conditions for this offer before claiming it!
★ 100% First Deposit Bonus up to C$123 + 10% Cashback at Fun Casino
A first deposit bonus will be granted to all Canadian users that join Fun Casino.
Pros: Live chat available 24/7, VIP program, mobile compatible.
Cons: Doesn’t accept cryptocurrencies.
Do you want to to claim a 100% match up to C$123 plus 10% cashback? All you need to do is:
- Click the blue button on this site;
- Register an account;
- Make a deposit over C$10.
The promotion has a 50-time wagering requirement on the bonus amount. The extra funds will expire within 30 days.
Now that you know all these details, are you ready to redeem this offer?
★ Up to C$1500 First Deposit Bonus
New members of Spin Samurai that place the first deposit into their accounts can claim one of the three offers that have a validity period of 14 days from the moment they are received:
- 100% deposit match up to C$1500;
- C$300 minimum deposit;
- 55 times wagering.
2. Half Full Glass:
- 125% deposit match up to C$300;
- C$80 minimum deposit;
- 45 times wagering.
3. Half-Empty Glass:
- 60% up to C$300 deposit match;
- 20% cashback with a minimum loss requirement of C$1.5 and 20 times wagering the cashback amount;
- C$15 minimum deposit;
- 45 times wagering.
The wagering will take place on bonus money. Some games can’t be played with promotional credits (see terms).
If this offer is suitable for you, click the link on the right side, register an account, chose an offer, and add funds to your account according to the requirements!
Not all games contribute the same to the wagering requirements, so make sure to inform yourself before playing!
★ 10% Cashback Bonus up to C$50 at YakoCasino
Sharpen your gambling skills at YakoCasino! As a loyal player, you are able to benefit from a 10% cashback bonus up to C$50.
This is calculated on net real money losses incurred between Monday and Sunday. Enjoy all your extra cash and keep gambling! Wager your bonus amount 10 times before making any withdrawals. Don’t forget to contact support to claim this offer.
It’s hard to find such a rewarding deal so you’d better get it now!
★ 10% Cashback up to C$5000 on Live Casino at Campeonbet
Gamblers are very lucky at Campeonbet Casino, even if they have an unlucky day. The losses are calculated, and 10% Cashback will be returned to your account.
Maximum amount to be given as Cashback is C$5000 and the minimum is C$4 and you may use it all on Live Casino games. It’s necessary to meet the wagering requirement of 8 times the bonus credited in 2 days.
Sounds like a great deal? Then claim it by clicking the blue button here, because it can be all yours!
★ Cashback Bonus up to 20% at mBitCasino
A cashback bonus of up to 20% is available to Canadian VIP users at mBitcasino.
The cashback percentage depends on your VIP level as it follows:
- Planet Earth: 2%;
- Planet Litecoin: 2.5%;
- Planet Ethereum: 5%;
- Planet Doge: 7.5%;
- Planet Bitcoin Cash: 10%;
- Planet Dash: 15%;
- Planet Bitcoin: 20%.
The maximum loss sum eligible for cashback is C$100. The bonus is available for one day. Based on your VIP tier, the bonus has to be wagered 5 times.
It is time you got some of your cash back and give it another try!