Casino Cashback Bonus

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A cashback casino bonus is a promotional offer where players receive a percentage of their losses back as a bonus. This type of bonus serves as a safety net, providing a refund on a portion of the money lost during a specific period or on certain games.

List of Casinos With Cashback Bonuses

Below you will find our top 10 cashback casinos for NZ players.

    1
    wildz casino
    Established 2019
    Wildz Casino
    Cashback of 10% on losses
    Cashback is only awarded as a percentage of net losses in Real Money. Bets using Bonus Money will not accumulate cashback. Cashback is paid in Bonus Money. Normal Bonus Money wagering conditions apply. A minimum of 1 NZD cashback must be earned for cashback to be applied to your account. Cashback is only paid into open accounts. The maximum amount of cashback that can be earned with any claimed “Cashback Chip” in My Rewards is 100 NZD.
    2
    spinzlogo
    Established 2021
    Spinz Casino
    Cashback of 10% – 20% on losses
    Cashback is only awarded as a percentage of net losses in Real Money. Bets using Bonus Money will not accumulate cashback. Cashback is paid in Bonus Money. Normal Bonus Money wagering conditions apply. A minimum of 1 NZD cashback must be earned for cashback to be applied to your account. Cashback is only paid into open accounts. The maximum amount of cashback that can be earned with any claimed “Cashback Chip” in My Rewards is 100 NZD
    3
    just casino
    Established 2023
    Just Casino
    Cashback of 10% up to $1,000
    Cash back is calculated on 10% of lost funds on all products for the period Tuesday and Wednesday every week, and the accumulated amount will be added every Thursday. The minimum accumulated cashback to be credited to the account is $5. The maximum accumulated cash back to be credited to the account is $1,000. The cashback has a wagering requirement of 5 times and can be used on any game. The bonus credited on the qualifying deposit can't exceed $500 and has a wagering requirement of 40 times. It can be used on any game. The minimum deposit in order to get the bonus and the cashback is $30. The minimum losses in order to get the cashback $50. Only real money stake bets that are placed and settled within the promotion period will count. General terms and conditions apply.
    4
    mr bet casino
    Established 2017
    Mr Bet Casino
    Cashback of 5% if a total of $750 is spent
    Mr.Bet doesn't want losses to overshadow your game at his casino. Nothing should get in the way of pure fun. That's why Mr.Bet returns 5% of the money you spent in the last week, if the total spent is more than $750 You don't need to do anything for this, as cashback is calculated automatically to the user's game account.
    5
    cobra casino
    Established 2020
    Cobra Casino
    Live cashback, 10% up to $200
    Percentage: 10% Eligible for category live. Play during the week, the bonus is credited automatically next Thursday. To get the cashback, the minimum net loss amount (real money bet – real money win) for the previous week shall be at least 20 EUR/USD; 30 CAD/AUD/NZD; 200 NOK; 80 PLN; 1,400 RUB; 2,400 JPY; 8,000 KZT; 1,600 INR; 0.0024 BTC; 0.092 BCH; 0.14 ETH; 0.52 LTC. The weekly Live Casino Cashback bonus from the weekly bonuses program is calculated based on the net loss amount for the previous week played on Live Casino. (Thursday 00:00 CET until Wednesday 23:59 CET). A 3x wagering requirement applies. The duration of the bonus it's 1 week after it was activated. General bonus terms and conditions apply.
    6
    smokace casino
    Established 2023
    SmokAce Casino
    Cashback of 25% up to $4,100
    1. Cashback bonus is available to all registered users. 2. Cashback is accrued as a % of losses (minus accrued bonuses, withdrawals and last week's cashback) for the period from Monday to Sunday inclusive. 3. The minimum bonus amount is €10 / NZ$15. The maximum bonus amount is €2500 / NZ$4100. 3.1 To be able to withdraw the bonus funds, user must be wager the bonus amount 20 times. 4. The amount and % of the bonus depends on your VIP level: VIP 0 – 10% cashback VIP 1 – 10% cashback VIP 2 – 12% cashback VIP 3 – 15% cashback VIP 4 – 20% cashback VIP 5 – 25% cashback. 5. Cashback is credited automatically on Monday during the day. You can clarify information about the availability of cashback by contacting Live chat or email [email protected] 6. The maximum bet during bonus wagering: €5 / A$8. This limit applies to all bonuses and promotions, unless otherwise stated. 7. Withdrawal request cancels the activation of previously unused bonuses. 8. Bonus validity period is 10 days after activation, after that time all bonus funds and their derivatives will be cancelled. 9. Please note that not all games fully take into account the wagering bonus, for more details please refer to "Bonus Rules". 10. The promotion is valid in accordance with the general rules of bonuses, rules and conditions of the casino.
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    Types of Cashback Bonuses

    Casinos provide cashback incentives to thank patrons and entice them to continue playing. By serving players an opportunity to recover a percentage of their losses during a predetermined time frame, they lower the overall risk associated with gambling. I have provided you with the varieties associated with the cashback bonuses for a better understanding. 

    Daily Cashback

    Daily cashback bonuses provide players with a refund on losses incurred within a single day, promoting daily engagement with the casino.

    Weekly Cashback

    Weekly cashback offers a rebate on losses accumulated over a week, encouraging consistent play throughout the week.

    Monthly Cashback

    Monthly cashback rewards players for loyalty over an entire month, offering a larger window to recoup some losses.

    Short Term Promos

    Short-term promotional cashbacks are offered for a limited time, often as part of special events or new game launches.

    On Losses

    Cashback on losses is the most common type, where players receive a percentage back from their net losses during a specified period.

    On Specific Games

    Casinos may partner with specific game providers to offer cashback on their games, promoting those titles.

    Live Casino Cashback

    Live casino cashback is tailored for the live dealer games section, providing a rebate on losses incurred in live casino play.

    VIP Cashback

    VIP cashback is exclusive to members of a casino’s VIP program, often featuring higher cashback rates and special terms.

    No Wagering Cashback

    Players who receive no wagering cashback bonuses can withdraw the cashback sum right away without having to meet any additional wagering requirements.

    Loss Limit Cashback

    Loss limit cashback offers a refund once a player’s losses reach a predetermined threshold, helping to manage their bankroll.

    High Roller Cashback

    High roller cashback is designed for players making large bets, offering them a higher percentage of cashback to match their higher stakes.

    Casinos typically give back between 5% and 25% of a player’s net losses over a specific time frame or from a particular game as cashback. The policies of the casino and the particular cashback scheme that is in place may affect this rate.

    How To Claim A Cashback Bonus?

    Claiming a cashback casino bonus typically involves the following steps:

    1. 1
      Select a Casino
      Opt for a casino that provides cashback incentives.
    2. 2
      Open an Account
      Sign up and open an account at the casino of your choice.
    3. 3
      Deposit Money
      Add money to your gaming account.
    4. 4
      Accept the Requirements
      Go over the conditions of use carefully to determine what is required to qualify to receive the cashback bonus.
    5. 5
      Satisfy the Wagering Requirements
      Make sure you fulfill any wagering prerequisites.
    6. 6
      Claim the Bonus
      Whether your cashback bonus is credited immediately or requires a promo code, follow the casino’s instructions to claim it.

    Following the claim, there may be differences in the time required to get cashback bonuses. While some casinos handle bonuses instantly, others could take a few days to process them.

    To check the status of a cashback bonus claim, you can usually:

    1. 1
      Track the Claim
      Use any tracking number or confirmation provided by the casino at the time of claiming.
    2. 2
      Check Your Account
      Look for updates in your casino account’s bonus or transaction history.
    3. 3
      Contact Customer Support
      For assistance and details regarding your claim, get in touch with the casino’s customer care.

    Remember to always read the terms and conditions of the cashback bonus to understand the claiming process and any associated requirements fully.

    Can I Cash Out My Casino Cashback Bonus?

    Yes, you are eligible to collect the rewards as long as you haven’t violated any of the regulations or T&Cs. Make sure to learn more about how online casino bonuses work and how you can profit from them so you can maximize your winnings.

    What Terms and Conditions Are Imposed On Cashback Casino Bonuses?

    All relevant information, including the bonus value, limit cap, cashback percentage, offer validity, wagering conditions, etc., is often included in the casino’s T&Cs page. Here’s a list of terms and conditions that come with Cashback bonuses: 

    • Maximum Cashback – There’s a maximum amount that you can receive. irrespective of how much you bet and lose playing your games, this caps the amount of money you can win back.
    • Game Restrictions – This restricts the selection of games that you can play with your bonus. Cashbacks frequently include a list of games that are eligible or not. With a few exceptions for tables and card games, or live casino games it often fills the available slots.
    • Validity Period – The duration of the deal can also be controlled by the casino. It might be a one-time, 24-hour, weekly, or monthly event, depending on the online gambling establishment in question.
    • Minimum Deposit – A deposit exceeding a specific amount may be necessary in order to be eligible for a cashback incentive.
    • Minimum Payout – The quantity of money you can take out after winning is limited. Although they aren’t extremely high, limitations can affect how long you have to play before receiving a reward.
    • Wagering requirements – This represents the number of spins, bets, or wagers you must make with your bonus before you can withdraw it and any associated profits. You won’t be able to cash out your cashback until you fulfill the wagering requirements as specified by the casino.

    Are there any payment methods that do not qualify for a cashback bonus?

    Indeed, some payment methods are not eligible for an online casino cashback bonus. Several e-wallets, such as Neteller and Skrill, have restrictions and conditions that prevent them from being eligible for cashback bonuses.

    As an example, consider 7Bit Casino, one of the best cashback casinos. If you play at 7Bit Casino and make deposits using Bitcoin, you qualify for the cashback incentive. A weekly minimum deposit of up to 7.5mBTC will qualify you for a 20% bonus, which will be transferred instantly into your online gambling account on Monday, provided you have a minimum loss of 7.5mBTC.

    The Advantages of Cashback Bonuses

    The main advantages of cashback bonuses are listed below.

    Recover a percentage of your losses:
    The ability to get a percentage of your losses back is the main advantage of casino cashback bonuses. Cashback offers assist you minimize potential losses by returning a portion of your lost wagers.
    Increase your bankroll:
    You can increase your bankroll without making another deposit when your money has been given back to you, either as cash or as bonus money. Providing you with more to play with. This is a huge advantage for players who plan to wager more with the casino in the future.
    Low wagering requirements:
    Generally, wagering requirements are minimal when monies are credited for bonus funds, and they are lower than what you would anticipate from an average welcome or reload bonus.
    Reward money for loyalty:
    You will always receive a proportionate reward for your continued participation because cashback bonuses are depending on how much you play and effectively reward your loyalty.

    The Disadvantages of Cashback Bonuses

    The disadvantages of cashback bonuses are listed below.

    Not all games are eligible:
    Online casino payback programs expressly exclude several popular games. For instance, you could not be eligible for cashback on roulette or blackjack losses. This will have a disproportionate impact on gamers of particular games.
    Not available at all casinos:
    Although cashback is available at many online casinos, it's not a feature that every one of them offers. This may limit the total number of casinos that you can play at to get a cashback offer. As a result, you may need to check through our recommended gambling establishments to choose the best casino that will provide you with a cashback offer.

    Strategies for Maximising Your Cashback Bonuses

    If you want to take maximum advantage of casino cashback bonuses, you have to understand them and apply them strategically throughout your entire gaming plan. The following advice and methods will help you get the most out of cashback bonuses at online casinos: 

    • Prioritising high cashback rates – Seek out casinos with greater rates of cashback. It’s advantageous to have additional funds returned to you at a greater rate, especially if you’re losing a significant amount of money.
    • Understand the conditions of the agreement – This is crucial if you want to optimize your cashback potential. Before aiming to claim your cashback bonuses, make sure you are informed of the terms, which include minimal wagers eligible games, and wagering limits.
    • Pick eligible games carefully – It’s possible that not all games qualify for cashback. Keep an eye on the available games and ensure that the ones you’re playing will enable you to meet your cashback goals.
    • Keep your budget in check – Keep your wagers within your means. Instead of chasing cashback with money you won’t be able to lose, the goal is to limit losses.
    • Pay attention to cashback periods – Understand when cashback payouts occur. During certain hours/days/weeks,, arrange your gaming to optimize cashback returns.
    • Combine with additional bonuses – For optimal benefit, try combining cashback deals along with additional bonuses or promotions.

    Potential Profit From Online Casino Cashback Bonuses

    The potential profit from online casino cashback bonuses depends on several factors, including the percentage of cashback offered, the player’s total bets, and the specific terms and conditions of the bonus.

    For example, if a player has net losses of $1000 and the casino offers a 10% cashback bonus, the player would receive $100 back. However, it’s important to note that cashback bonuses are not a guaranteed way to make a profit but rather a way to mitigate losses. The real gain will also depend on whether there are wagering requirements or an instant withdrawal option for the cashback.

    Are Cashback Bonuses Restricted To Specific Casino Games

    While some casinos give cashback on a variety of games, others will only match losses on specific games, like roulette or slots. High-payout games like poker and blackjack are inclined to be exempted from cashback offers. 

    What Is The Difference Between a Casino Sign Up Offer, a Free Spins Offer, and a Cashback Bonus?

    There are several types of casino bonuses, each with unique features and advantages. Here’s a simple explanation of how these bonuses differ from one another:

    • Welcome Bonus – This is a bonus given to new players when they register at a casino. It often includes a match on the first deposit and may come with free spins. For example, Wildz Casino offers 100% up to $1,000 plus 200 free spins.
    • Free Spins – Typically offered on slot machines, usually in conjunction with a sign-up bonus or casinos can give free spins to try out new games. Smokeace Casino offers a no-deposit 50 free spins on the Pragmatic Play slot Sugar Rush when using the promo code SAFRS50.
    • Cashback Bonus – Players receive a return for a percentage of what they lose over a predetermined time frame. Let’s Lucky Casino will offer you 100% on your losses up to the amount of $500.
    Wendy Prinsloo
    Casino Analyst

    Wendy has two years of experience as a professional content writer in the iGaming industry. She has written on a variety of subjects including casino reviews, software developers, payment methods, casino games, poker, blackjack, and more. She’s good at creating content that is engaging and informative. She has a good eye for detail and has written for respected websites including ReadWrite, Business2Community, The Sports Daily, Basketball Insiders, Sportslens, and more.