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Learn More about Canadian Cashback Bonuses

Cashback bonuses are one of the most popular bonus types seen at online casinos in Canada. It is never a bad thing to get a little back from your favourite casino, and it's important to understand the cashback casino bonus type.

Depending on which Canadian online casino you choose, there are great rewards and casino bonuses to be had. For instance, a casino cashback bonus can provide you with some additional funds for doing nothing more than playing on a regular basis. Check out this guide and you will know all there is to know about a bonus cashback casino, and what it has to offer.

What is a Cashback Casino Bonus?

Casino cashback offers are exactly as they sound. These are bonuses paid out to returning players in the form of cash. While there are certain limitations and restrictions attached to a casino with cashback, it still results in additional funds that would not have otherwise been available.

Players can become eligible at a cashback casino for bonuses by fulfilling specific requirements or completing certain tasks. The casino cashback bonus may also be available as part of a new-user offer, though it depends on the online casino in question.

A casino cashback bonus generally comes in two forms. The first requires no promo code at all. Players either need to simply sign up or meet the qualifications for receiving that bonus later on. Other times, a bonus code may be required to trigger the offer at a bonus cashback casino.

Note: It is important to check for announced cashback offers. Some are automatically activated, and funds are deposited into the player's account without anything being required by the player. Other times, a cashback casino no deposit bonus might require some kind of action in order to activate. A cashback casino bonus is often paid out against specific wagering amounts or against losses within a certain timeframe.

How Often Do Players Get a Cashback Casino Bonus Code?

There are two answers to this question. The first involves how often these bonuses are issued. Some have weekly cashback bonus offers. Other casinos may do it monthly. It varies from casino to casino, so check ahead of signing up.

When that cashback bonus is issued, how long does it take for the player to receive funds? Typically speaking, cashback casino bonuses are deposited as soon as the action is triggered (deposit, wagering milestone, etc.). For a bonus cashback offer on losses, those funds are paid as soon as the wagering period finishes.

When in doubt, check the fine print on the casino you are considering to find out for certain.

Different Cashback Casino Bonuses

Though the overarching concept of playing at a casino with cashback bonuses seems simple, there is actually a lot more to it. There are two different types of casino cashback bonuses to be aware of while playing online casino games.

Cashback on Losses

The first form of promotion to be aware of is a cashback bonus which involves player losses. Understandably, players are not typically happy when they lose with any regularity. Online casinos recognize this by offering a return on those losses, often offered as a percentage.

This type of promotion is usually time limited. This means that these cashback bonus offers may cover losses up to a certain amount over a specific 24 hours period or even an entire week. In addition, this type offer is usually restricted to a certain amount. So, if you are covered up to $500 in losses over the first 24 hours, anything more than that won't be eligible for the cashback casino bonus.

At the end of the time limit, player losses are counted up and then the casino will return you the cashback bonus. Depending on the bonus, you could be returned anywhere from 1% of losses to 100% of losses.

Cashback on Total Bets

These aren't as common as the other cashback bonus types but can come up from time to time. For users who play on a more consistent basis, this can be one of the best casino cashback offers out there. In this instance, it doesn't even matter if the player wins or loses over the designated time period.

This offer provides a cashback casino bonus based on how much they wager over that period of time. High-volume players can get quite a bit more back than average players, making it one of the most enticing cashback bonus casino offers out there.

Example

An online casino may offer 2% cashback on all bets for slots and video poker over 24 hours.

This means that the casino will calculate your total volume of wagers at the end of the specified time period and then determine your cashback percentage from there.

How to Find the Best Online Casino Cashback Bonuses

It's great to receive a casino cashback bonus but how can you find the best offer out there? It all depends on the type of cashback bonus and what level of player you are. Cashbacks often come with wagering requirements, which means they can't be withdrawn right away. If you are an infrequent player, a cashback bonus may not be the best offer.

There are plenty of guides (like this one) that can direct you to the best bonuses. It also comes down to the kind of cashback casino bonuses you prefer most. Some like to get a longer cashback period while others like a higher percentage. Check out all of the relevant offers to get a better idea of what suits you.

Pros and Cons of Using a Casino Cashback Bonus

There are good and bad things about any kind of casino offer. The same applies to casinos that have cashback bonuses. Check out the good and the bad as it relates to receiving a cashback bonus from an online casino.

Pros Cons
Extra cash or returns on losses Wagering requirements
Rewarded for consistent play Time limits on certain bonuses
More chances to play Potential game restrictions

Conclusion

Cashback bonuses at online casinos give players a little something for playing. With so many different bonus cash back options, casinos are delivering value to players like never before.

Note: Check over the terms and conditions of those offers to be aware of any wagering requirements or other conditions.

Getting a bit of a loyalty reward from your favourite casino is a nice gesture. It becomes a lot easier to keep playing when you know that the casino sees how often you are playing and what a valued customer you are to them. Make sure to check your favourite online casino to see if they have any casino cashback bonus offers.

Cashback Bonuses FAQ

What is a cashback casino bonus?

A casino cashback bonus rewards players with additional bonus money for a variety of reasons. These are offered at different times including both not limited to when signing up, making additional deposits, or even paying back losses over a certain period of time.

How often do cashback casino bonuses get paid out?

Cashback bonuses depend on the casino in question. Some online casinos issue a cashback bonus on a weekly basis, others on a monthly basis, and some not at all. Peruse the casino website to find out the exact details regarding the cashback casino bonuses.

What are the different types of online casino cashback bonuses?

There are two different types of bonus cashback offers. You can either have a cashback based on your total betting volume or on the total amount that you lost. Both of these are valuable promotions.

What are the benefits of a cashback bonus casino?

The obvious benefit is getting additional cash for playing at your favourite online casino. That additional cash can stretch your playing time out exponentially and help you earn more from your favourite games.

Are there any downsides to playing at an online casino with a cashback bonus?

While it is nice to get bonus cash, there are often strings attached. For starters, those funds must be used within a certain amount of time, or they will expire. There are also wagering requirements to be aware of before those funds become eligible for withdrawal.

How can I find a good online casino cashback offer?

Guides like this can help you find the best cashback bonus offers from online casinos. It ultimately depends on what kind of bonus you prefer. Compare and contrast the different offers to find something that works best.

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