How Much Money Will I Receive Back?
The amount of money you’ll get back from a cashback casino depends on several factors. First, it depends on how much you’ve lost during the time period. The more you lose, the more money you’ll get back. Second, it depends on the percentage offered by the casino. Most casinos offer between 10% and 20% cashback, but some go as high as 40%, but they are not common.
Of course, there’s also a limit to how much cashback you can receive. Most cashback casinos have a maximum limit of C$500-C$2,000, but some have higher limits. So, if you lose C$3,000 during the period, you’ll only receive the maximum amount of cashback, even if the casino offers a higher percentage. Let’s see various cashback bonus alternatives in terms of percentage:
Less than 10% Cashback Casino Bonus
Fortunately, these are not common, but some casinos offer a lower percentage for their casino cashback offers. You’re not likely to find anything below 5%, though. Less than a 10% cashback bonus is considered a bad offer, and you should generally avoid them unless they are combined with some other good bonus features like a deposit bonus or free spins.
10% – 20% Cashback Casino Bonus
It is the most common cashback bonus that you’ll find at online casinos. 10%-20% cashback is a decent offer, but it’s worth considering if you can find a casino that offers more. Remember, the higher the percentage, the more cashback you’ll receive.
More than 20% Cashback Casino Bonus
These are pretty rare, but some casinos offer a higher percentage for their cashback bonuses. For example, Stay Casino provides a 20% weekly cashback bonus without wagering requirements, which is absolutely fantastic.
It is the highest cashback offer we have found, so if you’re looking for the best casino cashback bonus in Canada, you should pick Stay Casino.
New Casino Cashback Bonuses in Canada 2024
Cashback Casino |
Cashback Percentage |
Wagering Requirements |
Frequency |
Instant Withdrawals |
Casinoly Casino |
10% |
No |
Weekly |
Yes |
Quickwin Casino |
10% |
No |
Weekly |
Yes |
Betplays Casino |
10% |
No |
Weekly |
Yes |
Zinkra Casino |
15% |
No |
Weekly |
No |
Happy Spins Casino |
10% |
No |
Daily |
No |
Amok Casino |
10% |
No |
Weekly |
Yes |
Raptor Casino |
10% |
No |
Weekly |
Yes |
Gemler Casino |
10% |
No |
Weekly |
Yes |
Wisho Casino |
10% |
No |
Daily |
Yes |
Casino Cashback: Terms & Conditions
Now that you know what a cashback casino is and what the best cashback casino offers in Canada are, it’s time to learn about the terms and conditions that are usually attached to these bonuses. Let’s take a look:
- Wagering requirements: Some online casinos will require you to wager your cashback bonus a certain number of times before you can withdraw it. The higher the wagering requirements, the harder it will be to withdraw your money. Fortunately, all of the sites on our list have no wagering requirements attached to their cashback promotions.
- Maximum cashback amount: Most casinos have a maximum amount that you can receive from the cashback bonus. This amount is usually quite high, but it can differ from casino to casino.
- Minimum deposit: Some cashback casinos require you to make a minimum deposit to be eligible for the cashback offer.
- 18+ only: All online gambling sites have an age limit, so you need to be at least 18 years old in order to claim the cashback bonus.
- Eligible games: Most casino cashback bonuses on our page are for all casino games. However, some casinos, like Happy Spins, might limit their cashback bonuses to only slots.
- Time limits: Cashback casinos have time limits for claiming the cashback bonus or using the bonus money. Make sure you check this before claiming the bonus.
- Responsible gambling: All casino sites have responsible gambling policies in place. Please play responsibly!
Cashback Casino Bonuses and Wagering Requirements
Top cashback casinos offer bonuses with no wagering requirements. This means that you can withdraw your cashback casino bonuses at any time without having to worry about meeting any playthrough requirements. However, not all casinos are as generous, so some may require you to wager your bonus a certain number of times before you can withdraw it. This type of casino should be avoided as it makes it very difficult to withdraw your money.
Imagine you’ve already lost your deposit and bonus money, and then you have to wager it all over again just to withdraw what’s left. It’s not a good deal, so it’s better not to play at these casinos. Remember that there are other bonus terms and conditions that you need to check before playing at a cashback online casino. These include:
- Maximum cap
- Minimum deposit
- A certain time to claim the bonus money
- Restricted games from cashback
Can I Find a Casino Cashback Bonus With No Wagering Requirements?
No wagering cashback offers are not that common, but luckily, they do exist. We have gathered the best no wagering cashback bonuses that you can find in Canada:
- Casinoly: Up to 10% weekly cash back, no wagering requirements.
- Quickwin: Up to 10% weekly cash back, no wagering requirements.
- Betplays: 10% weekly cash back, no wagering requirements.
Cashback Casino Bonus: What is Expiration Date?
Cashback offers are tricky, as they all have an expiration date. This means that you have to use the bonus money within a certain amount of time or you will lose it. The good thing is that the expiration date is usually quite long, so you have plenty of time to use the bonus money.
However, many casinos may have shorter expiration dates, so it’s always a good idea to check the terms and conditions before claiming the bonus. A shorter expiration date is not necessarily bad, as it gives you a deadline and motivates you to use the bonus money before it’s too late.
For example, our recommended cashback casinos, like Casinoly or Quickwin, have a 14-day expiration date on their bonuses. Some online casinos offer cashback bonuses with long expiration dates, like 60 or 90 days, but they are very rare.
Cashback Casino Bonuses: Our tips
We have a few tips that might help you make the most of your cashback casino experience:
- Check the terms and conditions: As we have mentioned before, it’s essential to read the terms and conditions before claiming a casino cashback offer. This way, you will know everything about the bonus, like the expiration date, the wagering requirements, which games are eligible for the bonus, and more.
- Choose a cashback casino with no wagering requirements: As we have mentioned before, the best cashback casinos are the ones that don’t have wagering requirements.
- Make sure you are playing at a reputable casino: This is important for all kinds of bonuses, not just cashback offers. You want to ensure that you play at a reputable casino that will pay you when you win.
- Visit our website: We regularly update our list of the best cashback bonuses, so make sure you visit our website to find the latest and greatest offers.
Casino Cashback Bonuses: Let’s Do Some Math
You don’t have to be a math genius to understand how casino cash back bonuses work. However, we want to show you how the math behind cashback bonuses works so that you know exactly what you are getting into before you get a bonus.
Let’s say you are playing at a cashback casino with a 10% weekly cashback offer. You make a deposit of C$1000 and lose it all. This means that the next week you will get C$100 back because the casino will give you back 10% of your losses.
0.10 x 1000 CAD = 100 CAD
Let’s take another example: Your bonus is 20% on all games with a maximum payout of 200 CAD. You make a deposit of 3000 CAD and lose it all on the slots. In this case, you will receive a 200 CAD cash back (20% of 3000 CAD is 600 CAD, but it exceeds the maximum cash back amount).
0.20 x 3000 CAD = 600 CAD (but the max cashback is 200 CAD)
It seems obvious, but remember that if you don’t lose money, you won’t get any money back.
Types of Cashback Offers
There are five types of cashback offers you can find at online casinos. Let’s find out:
- Daily Cashback: You get a certain percentage of your losses back every day. This offer is quite rare, as only a few online casinos offer it, for example, Happy Spins.
- Weekly Cashback: This is the most common type of casino cashback bonus. You get some money back that you lost during the week.
- Monthly Cashback: This type of cashback bonus is very rare. You get a certain percentage of your losses back at the end of each month.
- Game-Specific Cashback: You get some money back when you lose while playing specific games. For example, you might get 10% cashback for slot games.
- Event-Specific Cashback: These are given out during special events, such as holidays. For example, you might get a casino cashback bonus on your losses during Christmas.
Get Cashback For Live Casino Games
Did you know that you can also get cashback bonuses for playing live casino games? Unfortunately, some online casinos exclude live dealer games from their cashback offers, but luckily, most give Canadian gamblers cashback for playing live casino games.
Check out three of the best live casino cashback rewards in Canada:
- Quickwin 10% Live Casino Cashback
- Casinoly 10% Live Casino Cashback
- Betplays 10% Live Casino Cashback
Are Cashback Online Casinos Legal in Canada?
There is nothing illegal about offering cashback casino bonuses to players. All Canadian online casinos that provide this type of bonus are fully licensed and regulated by the relevant online gambling authorities, like the Malta Gaming Authority or the UK Gambling Commission.
You can play safely at any cashback casino as long as it has a valid gambling license. We only recommend casinos that are licensed by reputable gaming authorities, so you can be sure that all the cashback casinos on our list are 100% legal in Canada.
All Casinos That Offer Cashback Bonus in Canada
Casino |
Cashback Percentage |
Wagering Requirements |
Frequency |
Casinoly |
10% |
No |
Weekly |
Quickwin |
10% |
No |
Weekly |
Betplays |
10% |
No |
Weekly |
Happy Spins |
10% |
No |
Daily |
Raptor Casino |
10% |
No |
Weekly |
Amok Casino |
10% |
No |
Weekly |
Zinkra |
15% |
No |
Weekly |
Refuel Casino |
10% |
No |
Weekly |
Casino Universe |
15% |
No |
Daily |
All In Casino |
10% |
No |
Weekly |
Livecasino.com |
10% |
No |
Weekly |
BluVegas |
20% |
Yes |
Weekly |
GoSlot Casino |
11% |
No |
Weekly |
King Billy Casino |
15% |
No |
Weekly |
Samosa Casino |
11% |
No |
Weekly |
Mount Gold Casino |
10% |
No |
Weekly |
Scandibet Casino |
10% |
No |
Monthly |
Nano Casino |
10% |
No |
Weekly |
Winny Casino |
10% |
No |
Weekly |
BetChan Casino |
11% |
No |
Weekly |
Gemler Casino |
10% |
No |
Weekly |
Wisho Casino |
10% |
No |
Daily |
Stay Casino |
20% |
No |
Weekly |
Mirax Casino |
20% |
No |
Weekly |
Hugo Casino |
20% |
No |
Weekly |
Betonred |
25% |
No |
Weekly |
Nine Casino |
25% |
No |
Weekly |
Final Thoughts About Casino Cashback Bonuses
A cashback bonus is a great way to get some of your money back when you lose. It’s like insurance for your gambling losses. In addition, you can significantly reduce the house edge by choosing a cashback casino with a high cashback percentage.
In our opinion, playing at an online casino that doesn’t offer a cashback bonus doesn’t make sense, as you leave money on the table. Looking for something else? We recommend our guides to instant withdrawal casinos or the best payout casinos. Check them out!