What Are Cashback Casinos And How Do They Work?
Cashback casinos are kind enough to return a percentage of your losing wagers. The bonus can be available as free spins, free bets, or a small percentage of your losses. The exact amount is usually fixed or ranges around 5% and 20%. It’s calculated based on your net losses over a set time, which can be a week or a month, depending on the promo.
You can rarely withdraw an online casino cashback bonus immediately after crediting your account. Most casinos have some wagering conditions, but they are usually pretty low. The idea is to help you try again and then turn things around, instead of calling quits. It’s a great bonus that provides a safety net to players. Think of it as taking insurance on some of your casino wagers. It reduces the pain of losing, giving you the courage to try again.
Best Cashback Casinos Reviewed
The concept of cashback casinos may sound too good to be true, but they are more common than you think. After testing several gaming sites, the following ones stood out with great cashback bonuses.
Betmgm Casino – Generous Cashback With Flexible Terms
BetMGM has a fantastic cashback bonus, but for poker enthusiasts. You can claim cash back into your account daily from playing poker. A $25 deposit-free is available when you register for the first time to use on the rest of the casino games.
BetMGM has a wide selection of games, including slots, table games, live casino, and niche titles like Plinko. The casino wraps up your withdrawals within 24 hours or less, using payment options such as Visa, PayPal, and Venmo.
Fanatics Casino – Competitive Cashback Plus Sports Integration
Fanatics Casino has a generous rewards program open to all casino and sportsbook players. It gives you 5% FanCash back with every wager. FanCash is the casino’s rewards currency, which you can use to place wagers. However, you will need to convert it to casino credits first via the app.
Speaking of apps, the casino operates strictly on mobile. You can download the app for free via the respective Android and iOS app stores. Fanatics is also one of the best PayPal casinos, and other available payment methods include Visa, Mastercard, Discover, and Google Pay.
Fanduel Casino – First Deposit Cashback Offer
Join FanDuel if you want insurance on your very first real-money wager on the site. As a new player, you can receive up to $1,000 cash back in casino credits if your first wager loses.
This online casino cashback offer is calculated on net losses you incur within 24 hours of play after registration. It will credit your account within 72 hours and must be used within 7 days. A minimum of $10 is required to unlock this bonus.
Bet365 Casino – Live Dealer Cashback
Live casino fans gather here. Bet365 has a special live dealer cashback bonus where you can get up to $100 when you play Evolution games. The casino gives you 10% of your net losses incurred over a week. This promo only applies to losses of $10 or more.
Bet365 has one of the most diverse live dealer sections with games like Blackjack Live, Crazy Time, and Baccarat Speed on the lineup. Online casinos withdrawals are processed within 24 hours using eWallets like PayPal.
Golden Nugget Casino – High Cashback On Select Slots
Golden Nugget Casino makes your reel-spinning experience worthwhile with a 100% lossback bonus. This offer is available to new players and applies to a minimum loss of only $5.
Golden Nugget is one of the top $5 deposit casinos, and that’s the amount required to activate this promotion. Note that you can only use the deposit on slots. Other exciting bonuses include referral deals and the popular Dynasty reward program, where you can pick up exciting benefits, including free play.
Rolla – Regular Cashback With Low Wagering
Just so you know, cashback promos aren’t restricted to real money casinos only. Social gaming fans can be part of the action. A sweepstakes casino like Rolla gives you free Gold Coins and Sweeps Coins to kick off gaming.
You then receive 10% cashback on net losses. The casino is packed with exciting ongoing promotions, including daily bonuses, free play, and VIP rewards. More than 1,000 games are on display, and most are popular slots like Le Bandit. Redemptions are possible using popular card options like Visa and Mastercard.
Stake.us– Crypto Cashback Plus Frequent Promos
Last but not least, we have Stake.us, another notable sweepstakes casino. One of its biggest standout features is that it supports popular cryptocurrencies like Bitcoin, Litecoin, and Ethereum, known for their lightning-fast payouts.
Stake.us occasionally runs crypto cashback deals. Currently, no casino cashback bonuses are available, but you can unlock exciting jackpot promotions and multiplier drops in the meantime.
Cashback Casinos Comparison
Still thinking of which site to pick from our list of recommended cashback casinos? Hopefully, the comparison table below will aid your decision.
| Casino | Cashback Bonus Type | Cashback Rate | Wagering Requirements | Eligible Games | Cashback Frequency |
|---|---|---|---|---|---|
| BetMGM Casino | Daily cashback bonus | Varies | N/A | Poker | Daily |
| Fanatics Casino | Flat cashback percentage | 5% | 1x | Slots, table games, video poker | Daily |
| FanDuel Casino | Net losses | 100% | 1x | Slots, table games, video poker | Daily |
| Bet365 Casino | Flat cash back percentage | 10% | 1x | Live casino games | Weekly |
| Golden Nugget | Flat cash back percentage | 100% | 1x | Slots | Daily |
| Rolla | Flat cash back percentage | 10% | 1x | Slots, table games, live dealer | Weekly |
| Stake.us | N/A | N/A | N/A | N/A | N/A |
How To Claim Your Cashback Casino Bonus
To get a cashback bonus at an online casino, you only need to know the process. The best such gaming sites make it super easy to claim your bonus. The process is typically as follows:
- Pick any of our recommended casinos that offer cashback bonuses.
- Go to the deposits section and fund your casino account to unlock the cashback bonus. Make sure you read the terms and conditions for important information, such as the minimum deposit and bonus expiry date.
- Your funds will usually reflect instantly. Use your deposit on eligible games for the cashback bonus.
- Wait for your wager to settle.
- Use the bonus credits according to the wagering conditions set in the T&Cs.
Cashback Casinos Pros & Cons
No doubt, playing at cashback casinos is enjoyable, but there are two sides to every coin. Luckily, the pros do outweigh the setbacks.
Pros
- Provides additional playing chances
- Low or no wagering conditions
- Available to both new and existing players
Cons
- Might cause players to chase losses
A Chance To Redeem Yourself
Why say no to a second chance at gaming success? That’s precisely what you sign up for when you join cashback casinos. These sites offer player-friendly bonuses that extend gameplay and can turn losses into potential wins. Don’t hesitate to claim one if you see it. It usually has low wagering conditions, allowing you to withdraw winnings or bonus funds quickly. Utilizing a cashback bonus is a great way to add more play value. But we can only guarantee this if you join reputable sites, and you won’t go wrong with our recommendations.
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