Cashback Bonus in Canadian online casinos
The cashback bonus is now increasingly offered by online casinos. But is it really interesting? Discover the secrets of this "second chance bonus"!
In addition to the traditional welcome bonus to welcome newcomers with great fanfare, the best online casinos compete imagination and creativity to spoil the players throughout their experience. Birthday bonus, referral offer, Happy Hours, free spins, bonuses on every deposit made, cash back: there is something for everyone, depending on the selected casino gaming platform. This is, by the way, one of the reasons why it is important to choose your online casino correctly: each establishment has its own promotional program.
Best casinos with CashBack in Canada
What is a cashback bonus, also known as a refund bonus?
Literally, if we translate this word into English, we have in front of us the term " money in return ». Hence the translation of some French-speaking online casinos from cashback by « refund bonus ». Very simply, cashback is a special type of bonus that allows a player to get back the money wagered... and lost.
If we postpone the time, the the concept of cashback initially arose in... land-based casinos where there were many VIP customers who wanted to benefit from certain prerogatives on the part of the establishments, including free drinks, a trip in a limousine or an overnight stay in a prestigious hotel (these are 'comps’). However, although extremely attractive, these particular bonuses were far from replacing the pleasure of receiving money in ringing and stumbling cash...
Going back to our sheep - or rather our cashback bonus - today, the latter could be defined as a partial refund losses incurred during your games. It can take on different aspects: real money rewarded on your player account or a game credit to be used during your games.
As a rule, it is presented in the form of a fixed percentage on losses received during a specific period or on a particular game. Also keep in mind that the cashback amount which you will benefit from will fluctuate from one casino to another and will depend on the sums you have committed. It is obvious that a high-roller who invests thousands of euros per month will benefit from a more generous cashback than a casual player. Usually, the cashback to which you can claim will fluctuate between 5 and 25 % according to the online casino. Beware! The higher the percentage of cashback, the more you will have to place large bets to benefit from it...
Bonus cashback: what do you absolutely need to know?
Extremely popular in the world of sports betting (refund of losing bets, named "refunded bet"), the cash back version "casino" is an increasingly sought-after promotion - just like the welcome offer - which today makes the difference when looking for a new online casino. So you understand the importance of fully mastering the terms and conditions of this "like no other" bonus to be collected when you... simply lose! Oh! Really? Read the rest of our complete dossier.
The conditions for obtaining the cashback bonus
Please be aware that the free cashback bonus programs offered by some casinos are completely different from the welcome bonuses that you will receive when making your first deposit or reload bonuses! As is the case for all promotional offers on the current market, the cashback bonus is conditioned by certain award criteria which no player will be able to evade.
In the first place, make sure you know if your favorite games are affected by this retributive bonus. Indeed, games that only bring a tiny profit margin to the casino are generally excluded from the cashback program!
Another crucial point to take into consideration is the wagering requirements. Some rooms limit the amount of cashback to 500 CAD per month while others will impose a maximum cap of 50 or 100 CAD per month. We cannot advise you too much to go through the conditions for obtaining the cashback bonus with infinite precautions.
🔎 The wagering requirements of the cash back bonus
After carefully reading the conditions for obtaining the cashback bonus, we suggest that you pre-emptively calculate the amount of bets that you will have to commit before benefiting from it.
Recognize that there is no point in registering at an online casino to take advantage of a cashback bonus that you will not be able to fulfill the conditions for obtaining. The wagering requirements will vary drastically from one casino to another. However, they tend to be lower to those that apply to welcome bonus and reload bonuses: an advantage that makes this popular bonus .
Virtual establishments will offer you a cashback of punctual way (once a week or a month) or Just keep moving (promotional offer that extends over the entire year). The frequency of the cashback program will not fail to be mentioned in the title of the promotions and their conditions of allocation. Be careful to check that the cashback bonus is eligible for the currency you are interested in, especially if you are passionate about the bitcoin casino .
Why play with a cashback bonus?
Let's take a very simple example to illustrate the interest of this particular bonus: you have wagered 150 CAD during wild blackjack games at your favorite online casino. Unfortunately, Lady Fortune is not on your side and you lose all your bets. Stroke of luck! You can benefit from a 25% cashback bonus: you will then be able to recover CAD 37.50, or 25% of your initial bet.
The point of the cashback bonus? Retrieve part of his losses, play longer and increase his chances of winning winnings on the online casino. Establishments compete ingeniously to encourage their players to bet over time, and the refund bonus is one of the best weapons of online casinos. By reimbursing a player and inviting him to bet again "for free", the establishment thus ensures new bets from players who have recently lost.
Intended mainly for lovers of roulette, baccarat and other games table games , the cashback bonus turns out to be a major asset to increase your hopes of winning, especially during a game of blackjack - casino game with already low house advantage. Recall that one of the undisputed champions of the twenty-one, Don Johnson, having won millions of dollars victoriously used his refund bonuses to his advantage to counter the bank and leave winning!
Cashback, casino: how to get these bonuses?
Be careful, because not all Canadian online casinos automatically offer this kind of bonus. Of course, the latter is increasingly present on the market of Canadian gambling sites, but it is not a promotion perceived as being "mandatory", as the welcome bonus can be...
So, how to be sure to play on a casino with bonuses cashback? Simply enjoy our selection of the best online casinos. Whether it's real money transferred to your player account or bonuses to be replayed, you can count on these promotions to spice up your online games.
Depending on the device you are playing on, the cashback bonus will then be credited :
- Either automatically after your losses ;
- Either via a bonus code or a coupon available on the operator's website ;
- Either through the casino's customer service.
Note that unlike the traditional deposit bonus, the cashback bonus is paid out a posteriori bets made, when losses are recognized by the institution.
What are the advantages and disadvantages of cashback?
As with any promotional offer meticulously imagined and generously offered by an operator, the cashback bonus has strengths and weaknesses that we have tried to list :
Advantages of the cashback bonus (according to the proposed offer) |
Disadvantages of the cashback bonus (according to the proposed offer) |
Play online for longer |
To be used on a limited number of gambling games - usually table games |
Recover part of the bets lost before |
To be used for a limited period |
Take advantage of free credits to bet again or real money to cash out |
Sometimes limited access to these bonuses (VIP players) |
Do not make a deposit of money, unlike the classic bonus (deposit) |
|
Escape the binding conditions of the welcome bonus! |
Playing on a cashback casino: good or bad plan?
One of the aspects of the online casino that we particularly like? The fact that each player can - if the latter is fully informed - play in excellent conditions and really enjoy themselves through adapted services and offers . Let's take the example of bonuses; there are dozens and dozens of promotional offers since the advent of the casino on the net. Some offers will fit you like a glove while others will not necessarily be adapted to your gaming habits or your budget.
The case of the refund bonus is a perfect example of this. Rather intended for lovers of table games , this type of promotions can prove to be a major asset during online blackjack games, roulette, poker or another table game since the latter will allow losing players to replay a portion of the bets previously played. At the same time, players who prefer online slot games will be able to opt for a casino with a free spin instead.
The best? Betting on a gambling establishment offering you a wide range of bonuses, to vary the pleasures and take advantage of the offer that best suits you, at the right time. Today, the free spins; tomorrow, the cashback bonuses; and later, the deposit bonuses: who knows? The life of an online casino player is not frozen!
Today, a few nuggets of the Canadian market have, well and truly, understood the importance of this sought-after diversity of bonuses and other lucrative promotions... And this is what clearly makes the difference between good gaming sites and the best online casinos on the market - platforms that adapt to the profiles of players and offer tailor-made bonuses over time. So, don't throw yourself at the first online casino that has come, coaxing you with a welcome bonus of a staggering amount! Take the time to study the promotional offer offered by the operator with cashback bonus... They will be able to making a difference at the time of making your withdrawal of winnings... More consequential!
Other types of online casino bonuses
The cashback bonus is a very good bonus that allows to amortize your losses . It is a bonus focused on player loyalty, that is to say that the refund rate increases according to your frequency of play. However, if you are looking for a bonus available immediately , be aware that there are other other types of bonuses that you can cash out, for example, as soon as you register. Discover below all the other types of online casino bonuses :
FAQ about cashback bonuses in Canada
What is a cashback bonus?
The cashback is a refund bonus. The latter will help you recover some of the losses accumulated during your various sessions. It will allow you to both cushion the damage you have inflicted on your bankroll as a result of an unlucky streak and offer you an additional reason to play online.
Do all online casinos offer cashback?
No, the caskback bonus is not a promotional offer automatically found on an online casino. Take advantage of our ranking of best casinos with cashback for find your rare pearl.
Cashbkack bonus and refund bonus, what's the difference?
None! It is simply a translation found on French-speaking online casinos. The principle remains exactly the same: recover part of the lost bets on the online casino in the form of a bonus to be played again or real money to be cashed out.
When can I get a cashback?
Unlike deposit bonuses, your cashback bonus is credited - weekly or monthly - as a result of your games at the online casino. Calculated according to the amount of your losses previously generated (usually between 5 and 25%), the cashback bonus sometimes requires the use of promo codes, available on the operator's website.