Online Casino Cashback Bonus Offers in Canada

Casino cashback bonuses are popular type of promotion that online casinos offer. They give you bonus money equal to a portion of your net losses. There are cashback bonuses you might want to look into if you like Canadian casinos and want to win more. A cashback bonus can be invaluable for people who play at a casino often or who are new to that casino.

Best Cashback Offers for 2024

If you like to gamble a lot, you’ll want to get the most out of your gaming process. Making use of cashback bonuses is one way to do that. But there are a lot of bookmakers and casinos running deals, and it can be hard to figure out which ones have the best cashback treats. We’ve put together information and a list of the top 5 casinos in Canada that offer cashback bonuses to help you out.

Polestar Casino (15% Weekly Cashback)

Diamond VIP members at Polestar Casino can get up to 15% weekly cashback on net losses, capped at $4,500. To qualify, players must opt-in, deposit, and play casino games weekly. Cashback is credited every Monday and activated in the “My Bonuses” section. This offer is exclusive to Gold, Platinum, and Diamond VIP members, with cashback rates and limits depending on VIP level.

Reload Casino (10% Weekly Cashback Bonus)

If a player deposits at least $20 a week at Reload Casino, they will automatically get 10% cashback on any losses they make during the week. When you play online slots or table games like blackjack, baccarat, and roulette, you get cashback every week.

BetonRed (Weekly Cashback of up to 25%)

BetonRed players who have an account can get cashback every week, ranging from 5% to 25%! The amount of cashback you get will depend on how much you deposited and how much you lost the week before. You must be a level 1 VIP to get the maximum cashback of 25%.

ICECasino ($2,000 Cashback Bonus)

Play at ICECasino and reach the “Luxor” level in their loyalty program to earn a weekly Canada cashback bonus. Cashback ranges from 3% to 12% at the VIP Diamond level. Weekly bonuses are calculated with a maximum of $2,000 per week for Canadian players.

Vegas Lounge Casino (50% Cashback up to $400)

Vegas Lounge Casino offers new players 50% of their losses back, up to $400, as a welcome bonus! Returning players can also enjoy a 10% cashback offer. During the offer period, players can claim unlimited cashback based on their bets and losses.

About Cashback Casinos in Canada

A cashback bonus is a deal that both new and old players can get. The main idea behind a cashback is that you get some of your net losses back as a bonus from the casino. When you play casino games with real money, the casino will give you some of that money back as a bonus.

Most of the time, the cashback percentage is between 5 and 25 percent. For instance, you lose $100 while playing at a casino that gives you 10% cashback. You get $10 back as bonus money, which, depending on the bonus’s terms and conditions, you can either keep playing with or cash out. Also, the terms can change the bonus amount.

Pros and Cons of Cashback Bonus Offers

Canadian casino players like cashback bonuses because they are different and fun, but they could be better. Below are the main pros and cons.

Advantages

A casino cashback bonus is an offer that gives players a bonus equal to a portion of the money they lose. Here are some good things about a cashback bonus.

• Reduced risks: People who play in casinos can lower their chances of losing money by getting a cashback bonus. They may lose, but they may get some of their money as a bonus back, which they can use to keep playing.
• Rise of confidence: A cashback bonus can make a player feel better about themselves and like they have a second chance. This might make players want to try new games or play faster.
• Loyalty rewarded: As a thank you for coming back, casinos often give cashback bonuses to customers who keep coming back. In turn, this can help the casino and the player get along better.
• Increased playtime: With a cashback bonus, players can stay at the casino longer and play more games. This could give you more chances to win, which could be especially helpful for players who are tight on cash.

Disadvantages

A casino cashback bonus can be helpful for players, but there are some things that players should know about it. Here are some bad things about a cashback bonus at a casino:

• Limited bonus amount: A lot of the time, casinos limit how much cashback players can get. What this means is that players can only get back a certain amount of their losses, even if they lost more.
• Wagering requirements: When players get some cashback bonuses, they have to bet the bonus amount a certain number of times before they can cash it out. This could make it hard for players to cash out their bonus.
• Limited game selection: You might only be able to get cashback bonuses for certain games or types of games. This might limit the player’s options, and it might not work with the games they want to play.

Main Types of Cashback Bonus Deals

Cashback deals at casinos can vary in terms of amounts, terms, and how often they happen. People who play at casinos can get different kinds of cashback bonuses. Most people have one of these types:

Welcome Bonus

Some online casinos offer cashback to new customers as part of their welcome package with free spins and deposit bonuses. Other times, it could be the whole bonus. This makes the player feel safe while they look around the casino and live casino lobby.

Weekly/Monthly Cashback Bonus

Online casinos might offer cashback once a week or once a month. This means that the terms and conditions of this type of bonus will figure out how much real money you lost at the end of the week or month, and you’ll get your bonus cash on a certain day.

VIP Programme

A casino cashback bonus could be one of the perks of becoming a VIP. If you play in a particular place, this could be a one-time offer or something that happens all the time.

Loyalty Rewards

There is another way for online casinos to give cashback: a store rewards bonus program. If you play with a certain amount of money at casinos with rewards programs, you might get cash back after you reach a certain level. Like the VIP program, it could be a one-time cashback or a bonus that you get every month.

Comp Points

Some casinos give cashback bonuses in the form of comp points as well. For every certain amount you deposit and play through, you’ll get points. You will be able to trade these for real-money gifts once you have enough. Most of the time, the exchange rates change based on your level in the online casino’s VIP or loyalty program.

Cashback Bonus Codes

With certain codes, some casinos will give you cashback bonuses. You can find these in the terms and conditions or under the relevant promotions. Others are bonuses that you’ll get automatically every week or month.

Live Casino Cashback Rewards

Cashback bonuses are just one type of promotional offer that you’ll find at various online casinos. You can get some when you play slots and others when you play at live casinos. Always check the promotions page to see which games you can play to get your next cashback bonus.

How to Claim a Cashback Bonus

It’s easy to get a cashback bonus, but the steps are different for each online casino and type of cashback. Some players, like VIPs and experienced players, can only get cashback bonuses, but new players can get them as a sign-up bonus.

Those who are new to the site and want a cashback bonus as a welcome bonus can follow these steps:

1. Pick a trusted casino site. Pick a casino and make sure its license is still valid to have a safe and honest time gambling. You should also look at the cashback bonus and its terms and conditions.
2. Make an account. Sign up for the casino of your choice. To make things even safer, use a strong password.
3. Deposit money. Before you make your first deposit, make sure you know what the cashback bonus requirements and limits are. You will not get any bonuses if you don’t make at least the minimum deposit. Sometimes deposits are not required. In order to get the cashback bonus as a sign-up bonus, players must first make a deposit.
4. Get the bonus. Use the bonus money you got to play eligible games before they expire.
5. Lose the game. So that you can use the cashback bonus, you have to lose first. Remember to play within the games and time limits.
6. Follow the bonus rules. Make sure you meet the requirements for the bonus. The gambler may get the cashback amount right into their account after the process is over.

VIP Cashback Casino Bonus Explained

When it comes to cashback bonuses, a VIP cashback casino bonus is the best because the amount of your refund will go up as your VIP rank goes up.

Canadian land-based casinos treat their most valuable customers like VIPs by giving them gifts and special treatment. These are some of the special treats that online VIPs get!

When Canadian online casinos want to reward loyal customers, they may also base the bonus percentage on the amount of money the players deposit into the casino. Most of the time, that’s at least 5%, but it can go higher.

Online casinos sometimes use computers to handle the process of giving VIP status. For this bonus, you don’t need any codes or to wait until a certain date. This kind of VIP offer is only available to Canadian gamblers on certain games chosen by the casino. Poker and roulette are two of the most common ones.

T&C at Casinos Offering Cashback Bonuses

It’s important to remember that cashback offers usually come with terms and conditions, such as minimum and maximum cashback amounts, wagering requirements, and time limits. Before taking advantage of cashback deals, it’s important to read the terms and conditions carefully.

• Bonus Amount: How much cashback you can get varies from cashback casino to cashback casino. Most of the time, you need to deposit at least $2 to get a cashback online casino bonus. In this case, if the minimum is at least $10 and you lose $9 in real money during the offer period, you won’t get any of it back.
• Wagering Requirements: The number of times you have to bet to get your cashback can be as low as 0 or as high as 35! A wagering requirement of x1 is very popular, but a wagering requirement of 0 is not. You also have to bet any cash bonus you get as compensation for losses before you can cash it out.
• Time Cap: Online casinos usually give you a certain amount of time to get a cashback bonus. This time frame is typically a week. Let’s say you get the cashback bonus on a Monday. You can get back all the real money you lost from Tuesday to Monday. Some, though, are only for one day or three days.
• Eligible Games: There may be game requirements for cashback offers. With only a few exceptions, this usually means all slot games. Live dealer games, on the other hand, are usually not eligible. So, look for live dealer deals if you like to play live casino games.

Calculation of Real Money Casino Cashback Offers

It’s just math! The most you can get from a cashback casino is what the offer says it is. If not, here’s how to figure out the percentage of your loss:

Case 1: In the event that you bet C$70 and lose, you will get C$7 back in your account. High-rollers who deposit C$700 get C$70 back, which is the same as a free extra gaming session.

Case 2: You will get 20% of your daily losses back, which means that if you play and lose C$600 in a day, you will get 20% of that amount, or 0.2 times 600, which is C$120.

Case 3: Let’s say your poker bonus is 30% up to $60. Bet C$80 and lose it all. You should get 3 times that amount, or C$24, back in your account. But if you bet C$800, the result is 0.3 x 800, which is C$240, which is more than the C$60 limit. You will only get C$60 in this case.

Your bonus could come in the form of casino credit or cash. In this case, you can get your money right away through Skrill, Interac, Neteller, PayPal, or any other payment service of your choice.

More About Withdrawing and Requirements

When you withdraw, you move your winnings from your online casino account to a bank account or another payment method. When you want to withdraw money from an online casino, each one has its own rules and steps that you need to follow.

One important thing to look at when taking money out of an online casino is the wagering requirements. In order to cash out any bonus winnings, you have to meet certain wagering requirements.

For instance, you get a C$100 bonus that you have to wager 20 times. There are 20 times that amount of bets you need to make before you can cash out any winnings.

Each casino sets its own requirements for wagering. Picked ones that you feel good about following. Some cashback casinos have more than one rule about how much you have to bet. Some of them don’t have any needs. Before you accept a bonus offer, you should read the terms and conditions carefully.

Key Reasons to Get Cashback Deals

Online casinos are always running promotions and bonuses that are too good to pass up in order to get more players and beat the competition. Now, we’ll talk about how cashback bonuses compare to other bonuses and what players like about them so much.

• Benefits for Regular Players: People who play cashback games often get more out of these bonuses than people who are just starting to play. These people get bigger bonuses because they spend more, and many casinos give bigger cash bonuses as customers become more loyal.
• Minimization of Losses: Cashback bonuses in casinos let people get back some of the money they lost. Since no one likes to lose, getting some of their lost money back makes them feel better and keeps their bankroll safe.
• Low or No Playthrough Requirements: People don’t often get cashback bonuses as part of promotions, and the wagering requirements are usually very low or absent. Cashback bonuses are really free bonus offers with no strings attached.
• Easy to Understand: Cashback bonuses don’t usually have complicated rules and requirements like some other promotions that online casinos offer. When the promotion period ends, players can play games and automatically get their money back.

Find the Best Cashback Rewards with Us

Online casinos in Canada are starting to offer cashback bonuses more and more often. In a market with a lot of competition, players are always looking for the best bonuses that are also safe. Cashback is the best choice because it gives you money based on how much you lost, up to a certain amount.

So, even if you had a bad run, the casino will still give you something back to show your thanks. But it’s also important to remember to gamble sensibly and not try to win back your losses, even if you have a cashback bonus.

Stay tuned—we’re always looking for the best cashback casino deals and the best Canadian sites that offer them.

FAQs

Are cashback bonuses legal in Canadian online casinos?

For Canadians who like to play at online casinos, cashback is one of the most popular bonuses. Cashback bonuses are legal in Canada as long as they come from a fully licensed online casino. It is always a good idea to check out a casino’s reputation before you play there, but we can promise that all of the casinos listed here with cashback offers are real.

How do cashback bonuses work?

Cashback bonuses at licensed online casinos give you back a certain amount of your losses as cash. A lot of the time, these bonuses come with wagering requirements that say players must bet the bonus funds on certain games, like slots or the best casino games before they can cash it out. Cashback may also be part of reload casino offers. Best cashback bonuses for online games let players win real money, but they only work for certain games.

How often can you get a cashback bonus?

You could get promotional offers once a month or once a week. Online casinos sometimes give you cashback every day based on how much you bet the day before. You can get the most out of a daily cashback bonus if you play often. However, weekly deals are better for players who only play on the weekends, and monthly rewards are better for players who only play once in a while. Any player would still like to get some of their losses back.

Are cashback offers instant at casino sites in Canada?

Most of the time, yes. When you lose a certain amount of money, most gambling sites add the cashback amount to your casino balance right away. But sometimes, players need to get in touch with customer service so that the operator can add the bonus to their account.

Do casino cashback deals have wagering requirements?

Some cashback bonuses at Canadian casinos have wagering requirements. Some might offer them without additional conditions, allowing for immediate withdrawal.