Advantages and disadvantages of cashback bonuses
Although cashback bonuses are a great option for earning extra cash, like everything in the world they are not perfect. So we decided to compare their pros and cons:
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How do cashback bonuses work?
First of all, before we get started, you need to know what casino owners understand perfectly well. The moment you start playing at an online casino, you are already at a loss. Losses are inevitable. Casino games favor the “banker,” which means you have to face the likelihood that you will lose while playing. After all, casinos are thriving businesses that couldn't keep their platforms open if they were on the losing side.
Many online casinos therefore offer cashback bonuses to their currently registered players. They are not intended for new players, but rather for those who use their services frequently. This is a way for the casino to increase the likelihood that you will continue to use their services even if you lose. It seems ridiculous that money-hungry companies would just give away free money, but online casinos realize that their source of income is the players. So they need to keep users coming back more often to ensure a solid flow of profits. The casino needs you to find a reason to stay, especially when you have had to endure loss after loss on their games.
Like loyalty points, cashback bonus is awarded in conjunction with the amount of bets you place at the casino. The platform will refund you a percentage of your losses as a goodwill gesture. The refund amount varies from casino to casino, but on average it is between 5% and 15% of your bets lost at the casino over a given period of time. This may not seem like a lot of money, but when you understand that it's basically free money, it's certainly a nice diversion. It is also important to note that cashback bonuses are not just based on losses. Some online casinos offer loyalty programs that include a 5% cashback bonus on all in-game bets.
There are two ways casinos can structure how you get your money back:
- You can get a percentage of your total loss back. For example, your total losses are €20 over a period of time and the casino offers a 10% cashback bonus, this means you will receive a refund of €2 from them.
- The casino may have limits on the amount of cashback. For example, the offer may include 10% cashback, up to € 10. In this case, if 10% of your losses are more than the limit, you will lose the rest and only receive € 10 back.
How to claim the cashback bonus?
The biggest advantage of casino cashback bonuses is that they are easy to get. There are only a few steps you need to follow to reap its benefits. So we come with step-by-step instructions on how to get a reload bonus at the casino:
- Create an account. The first step in the process is to register and verify your account on the selected casino website. The whole process takes no more than a few minutes and is extremely simple.
- Choose your Cashback Bonus. Once you have created an account at a casino, you need to check which cashback bonus you would like to get your hands on (if the platform offers several options). You can do this by going to the casino's promotions page.
- Check the promotion regulations. Like any other casino bonus, cashback bonuses have their own terms and conditions, such as a minimum deposit. Read and make sure you meet them.
- Make a deposit and play. Select the titles you would like to use your deposit on and enjoy uninterrupted entertainment. However, before you start playing, make sure that the title in question is eligible for the cashback promotion.
- Get a bonus. After using the funds, in many cases the casino will automatically calculate your cashback and assign it to your account. In some casinos, however, this bonus can only be granted after contacting customer service, so remember to carefully check the promotion conditions.
The best casinos with cashback bonuses Ireland
Slotman
Slotman Casino has prepared an amazing cashback promotion for its players, the amount of which ranges from 8% to 20%, depending on the VIP level obtained. Cashback is awarded every Monday for slot machine losses.
The minimum refund amount is in each case € 100, while the maximum amount varies depending on the VIP level and ranges from € 1000 (for levels 1-3) to an unlimited amount for Superhero level players!
Cashback at Slotman Casino must be wagered 5 times within 3 days.
Hejgo
Play for real money at Hejgo Casino between Sunday 00:00 and Saturday 23:59 (UTC) and receive a 10% cashback bonus up to € 1000. However, please note that only real money slot games are included in the promotion. Therefore, if you play any other games (table games, jackpots, etc.), you will not receive any cashback.
10% Cashback will be paid the following Sunday before 18:00 UTC with a x5 wagering requirement. The bonus money withdrawn will be valid for the next 3 days. The good news here is that the minimum refund value is only € 1/€ 1, making the promotion available to almost everyone.
Buumi
Start your adventure at Buumi Casino with an extremely generous cashback bonus - play your favorite titles from industry-leading studios and the casino will give you up to 15% in daily cashback on all real money bets placed during the day!
Cashback will be paid once the x10 wagering requirement is met, and the maximum cashback amount is 20x the amount deposit. The turnover requirement must be met within 1 day, otherwise the cashback amount will be forfeited.
Bets.io
Instead of the usual welcome bonus, Bets.io Casino has decided to offer every player a generous cashback bonus! Every time you play at this casino you will be able to receive up to 20% cashback. The cashback amount depends entirely on the deposit amount and will be paid out daily, around 01:00 (UTC time).
Cashback bonus funds will be delivered to the player's balance with a x3 wagering requirement. You must use the cash in your account within 3 days and then meet the turnover requirement within 7 days.
Betchan
Instead of a Welcome Bonus, BetChan Casino offers every player to receive a weekly cashback bonus and a refund of 11% of the money spent on casino games. You don't have to manually sign up for this offer, just play your favorite titles and then every week on Wednesday the casino will refund you part of the money you spent.
The casino does not impose any turnover requirements for the cashback bonus, and there are no maximum and minimum bet limits for cash. However, please note that the minimum net loss to receive cashback is only €1.
JustBit
Enjoy the best and hottest games provided by the best studios in the industry with the welcome cashback bonus that is available at JustBit Casino: all players, including newly registered ones, will have access to this promotion. All you have to do is register and start playing - the casino will automatically activate cashback for you, and you will be able to receive 15% of the money spent on games every day. The 15% cashback will be valid for 3 days, so in total you can receive up to 45% of the money spent in the first three days at the casino.
Cashback is completely free from wagering requirements, there is no maximum bet amount and no maximum cashback limit. However, please remember that cashback is valid for 3 days from the moment it is credited to your account. Additionally, some games are not included in the cashback calculation.
Oh My Spins
A 15% cashback bonus is available every week at Oh My Spins Casino. To get it, simply make a deposit of at least €20 at the casino within a week and the casino will automatically award you the cashback bonus. You can then receive your cashback amount the following week by contacting the casino's customer service.
The maximum cashback value is €3000 and the turnover requirement is x1.
iWild
Play at iWildCasino during the week (Monday to Sunday inclusive) and receive a 10% cashback bonus with a 20x wagering requirement! Players who decide to take advantage of this bonus will be able to receive up to €500 from the money spent in the casino. The minimum deposit amount to receive a refund is €100. Cashback is valid for 10 days and the turnover requirement must be met during this time.
Moi
One particularly attractive offer at Moi Casino is the 10% daily cashback, which is awarded to every slot player based on their deposit losses from the previous day. As long as your balance does not exceed €5 when checking your account at 6am CEST, you will receive cashback, which is accrued until noon.
What's great about cashback is that it has no casino wagering requirements, so you are free to withdraw it or play it as you wish, as long as you do so within 7 days.
Campobet
Campobet Casino offers 2 cashback promotions for its players. One of them is Weekly Cashback 15%, where players with VIP Professional, World Class or Legend status can receive from 5% to 15% cashback. The maximum refund amount ranges from € 1,000 to up to € 3,000.
The second cashback promotion at Campobet Casino is Live Cashback, in which you can get up to € 200 for losses in live casino games. The minimum cashback value is €5 and the promotion is subject to a x1 turnover requirement. To receive a refund, please contact the casino's customer service.
Cashback bonus regulations
As with any offer, you must, of course, carefully read the cashback conditions at your chosen casino and find out whether the games you want to play are really worth it. If blackjack is your passion, make sure it's part of your casino's cashback offer first! One thing to remember: Typically, games that do not offer a high return to the casino are not part of the cashback bonus offer.
Not all of the information described below is critically important, but it is definitely the one you need to pay the most attention to.
Wagering Requirements
Most casino bonuses have some sort of wagering requirement. Although cashback may appear without it, you should always check the rules of a given promotion first. There is no wagering requirement, which means that once the funds have been credited to the player's account, they can use the funds to enjoy further play and immediately withdraw any winnings obtained through the bonus. If there are any wagering requirements, they are usually very low, such as 1x or 2x.
Cashback Amount
Observers and actual players have noticed that the cashback is often between 5% and 20%. Occasionally it may reach 25% or even 30%.
Values lower than 5% are rare because customers are unlikely to be interested in such an offer. However, new customers can sometimes only be guaranteed a minimum cashback of a few percent.
The cashback bonus increases as the player's status increases if the online casino loyalty program offers multiple levels. The highest return and initial value can vary significantly.
Wagering
Like most other casino bonuses, the reload bonus indicates how much of the bonus money can be spent at one time and on a specific type of game. You can get a casino bonus with a minimum and maximum bet using the bonus money. This is something you should check to avoid disappointment.
Limits
Not every casino sets specific limits on cashback bonuses. Many large online casinos set a payback percentage but do not place a limit on withdrawals. In fact, the operator is ready to use any methods to convince the client to lose as much money as possible.
However, there are situations in which upper limits are set, which is crucial for players betting large amounts. Check this right away if you plan on playing for huge stakes.
Eligible Games
This is very important information about any bonus. Very often you cannot play every game with your cashback. This information also counts towards meeting the turnover requirements. Depending on the casino's rules, you can only use it on certain games. Most often, these are slot machines, not games from other categories, such as live casino or table games. Often even then, you can only play certain slot games, and if you do the opposite, your bets will not count, making it a waste of time because you will lose the bonus and all your winnings.
Winnings
One critical requirement that players tend to overlook is the maximum winnings they can claim with the bonus money. Ultimately, even if you win a huge sum while playing a jackpot slot, you cannot withdraw more than the maximum amount attached to the reload bonus. So make sure your reload bonus maximum winnings are fair.
Minimum deposit amounts
To qualify for an online casino cashback bonus, you will need to make a minimum deposit amount and play with that money over a period of time. The casino will make these details very clear. Read them ahead of time to make sure you qualify for cashback after playing through your deposit.
Cashback vs. Reload Bonus vs. VIP Bonus
Cashback bonuses are always awarded to customers who have lost their money in the casino. This is a form of keeping the customer in the casino by giving him a percentage of the funds. Very often, the percentage of return increases with the VIP status you have.
Reload bonuses for registered players are designed to keep you at the casino, so you can expect more from them. Additionally, over time, reload bonuses may become better and better, thanks to the loyalty programs offered.
Everyone can enjoy reload and cashback bonuses, while to obtain a VIP bonus, you must become a regular player of a given casino who bets high amounts on an ongoing basis. When you are recognized as a VIP player, you will receive special offers that you would not receive otherwise.
| Reload Bonus | Welcome Bonus | VIP bonus |
| Can be claimed regularly | Requires a deposit of money | Available only to the most loyal players |
| Can be received by almost any player | Can be received by almost any player | Can consist of cashback or reload bonus |
| Easy to get | You don't have to lose money to get it | You don't always have to deposit money to get it |
| You don't always have to deposit money to get it | Usually only available on slots | Often only available for one-time use |
| You have to lose money to get it | Often available periodically | Available only by special code or invitation |
What should you pay attention to when accepting a cashback bonus?
The cashback bonus is one of the best bonuses because its conditions are in most cases much more player-friendly than other promotions. While most casinos offer transparent cashback terms and conditions, some operators still have strict requirements.
As each casino site has its own bonus terms and conditions, you should always check the fine print to understand the applicable terms and conditions. Keep the following factors in mind:
- Check carefully whether the cashback bonus has any wagering requirements.
- Check how many days the casino gives you to use the bonus or meet the wagering requirement.
- Check which games you can use the bonus on and losses, which games are eligible to receive it.
- Check whether there is a minimum deposit value you must make or losses you must incur to receive it. bonus.
- Check the cashback value offered by a given casino.
- Find out if you can get cashback immediately or if you need to reach a certain level in the casino's VIP program.
As soon as you check all these conditions carefully, you will be able to be sure whether a given casino offers fair cashback bonus conditions.