Best Online Casino Cashback Bonuses in Canada for December 2024
The best cashback casinos in Canada will provide exceptional rewards on your losses that can go up to 50% or even 100% for VIP players, allowing players to immerse themselves into their favorite games without the fear of losing high sums of money. If you are on the lookout for such rewards, you will certainly discover them on this page of our site. The list below includes the creme of the crop when it comes to the best cashback bonus casino sites online, bookmakers, and other gaming establishments that we rank high at Online-Casinos.ca.
- 1 Sign-Up Offer 12% Instant Cash on Every Deposit
- 2 Sign-Up Offer Up to 15% Cashback Weekly
- 3 Sign-Up Offer 10% Monthly Crypto Cashback
- 4 Sign-Up Offer 25% Weekly Cashback up to $2,500
- 5 Sign-Up Offer 25% Weekly Cashback up to $500
- 6 Sign-Up Offer 50% Weekly Cashback up to $150
- 7
Dafabet CasinoSign-Up Offer Unlimited Casino Rebate up to 1.2% - 8 Sign-Up Offer Up to 15% Cashback Every Thursday
- 9 Sign-Up Offer C$300 Cashback Bonus
- 10 Sign-Up Offer Top-Rated Cashback Bonus
What is a Cashback Casino Bonus?
As the name suggests, casino cashback bonuses are refunds given to punters in case they lose a certain amount of money while playing online. Most sites offer these promos as bonus funds for players to use within their gaming libraries; however, you can receive a cashback promo in real cash as well. The terms and conditions of these promos also range depending on the gaming establishment and players need to thoroughly understand them before redeeming their reward in order to avoid any hassles. What you should further know about these promos is the fact that they are usually capped to a maximum amount, meaning that if a gaming site offers 10% cashback of up to $100, then the maximum you can receive is $100 no matter the size of your bet.
How to Calculate Casino Cashback Bonuses
There are quite a few different types of bonuses, and they are all calculated by averaging players' losses over a certain period of time. For instance, 10% from a $1,000 deposit loss will be $100. If you redeem a daily offer at a cashback casino site, your net losses are incurred at the end of that day, providing you with a specific time frame for you to spend the funds. Another important thing to know is that the amount of new casino cashback bonus you will receive is determined by your investment - meaning that the higher your deposit the higher your reward.
What About Wagering Requirements?
The majority of online casino with cashback bonus offers do not tie their promotions with wagering requirements for players to complete when accepting this offer. However, players should always read the complete list of terms and conditions at their gaming establishment as this is not always the case with all sites. If there are wagering requirements, make sure to work through them in the gaming library in order to cash out the bonus money hassle-free. These promotions also come with a maximum limit, which is the most players can possibly get back as part of this promotion.
No Wagering Cashback Bonuses
Our dedicated team of reviewers went the extra mile to discover the top online casino cashback bonus offers with no wagering requirements. This means that whatever players win while playing for real money on their favorite games will be theirs and they can keep it right away. On this page of our site, you will find the pick-of-the-bunch sites in Canada with generous no wagering cashback bonuses that can be claimed on both desktop and mobile devices for added convenience.
What Casino Games Are Best for this Promotion
Casino cashback on losses will apply to all games, including slots, blackjack, and roulette. However, since table games such as blackjack and roulette contribute very little towards the wagering requirements, usually as low as 20%, and are seldom included in welcome bonuses, lovers of these games appreciate this bonus the most. It's worth mentioning, however, that some operators might limit the selection of games while claiming these promotions. Therefore, we always recommend reading the terms and conditions to see which games are eligible before claiming these generous promotions. You might only have access to slots, while others will give you access to certain table and card games. It all depends on where you play at the end of the day.
Blackjack Cashback Casino Bonus
It is widely acknowledged that the average blackjack odds of winning are roughly 42% for all types of blackjack, with the odds of getting 21 in traditional blackjack being 4.75%. So, while your strategy might bring you huge wins on blackjack, chances are you might lose on this game too. This is where cashback casino bonuses Canada come into play. With excellent percentages of up to 50% return on your investments, these promotions might make your gaming journey relaxing and easy.
Ice Casino Offers Cashback of Up to %12 on Blackjack
Loyalty members at Ice experience true magic with their bonus on all games, including blackjack. To be eligible, players at the Ice site should be members of their loyalty program. The higher players are on the loyalty program, the bigger their cashback percentages. Do note though that cashback at this site is credited with 5x wagering requirements for you to meet before collecting your reward. This is still relatively low when compared to other promotional offers in the country, especially when it comes to welcome packages or reload promotions.
Roulette Cashback Casino Bonus
Roulette is a game of chance, which has a built-in edge, representing the average gross profit that the site can expect to make by players engaging in their favorite variants of this game. This is why losing streaks at gaming establishments happen just as regularly as winning streaks, whether it be roulette or any other game. However, the best online casinos in Canada allow you to play confidently without putting a great sum of money on the line, granting you the chance to cashout a solid percentage of your losses.
King Billy Offers 15% Cashback on Roulette
At King Billy, they give back. The team behind this gaming establishment seems to believe that loyalty should be rewarded generously and rewarded outright. This is why they offer up to 15% bonus for loyalty players, making them feel highly respected and valued. What players should know about this promotion though is the fact that all bets made while using an active bonus do not contribute to cash back.
How to Claim this Promotional Offer
As with almost any other online promotion, redeeming a cash back offer is as easy as it gets. Here are some steps to follow if you are interested in learning how to get cashback bonus online casino rewards in 2024.
- The first step toward redeeming this promotional offer is to find the promo on your chosen site and select the button to open it.
- Next, click on the cashback button to claim it.
- The third step is perhaps the most important one as it requires you to go through the terms and conditions thoroughly in order to learn whether the promo has wagering requirements, an expiry period, valid games for this promo, and other important things to be aware of.
- Once you know the T&C list, make sure to meet the wagering requirements and other terms, and voila - you can now cash out your bonus money through your favorite payment option at the site.
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Types of Bonuses CA Real Money Players Can Claim
There are quite a few types of casino cashback bonuses for players to take advantage of, including daily, weekly, monthly, VIP, and other promotions. Below, we explain each of them separately to make the difference crystal clear for players. Some of these promotions will be accessible at several of our top recommendations, while others might be included with sports betting platforms. Make sure to read our descriptions to understand how these promotions work and where to find them before registering a new account in 2024.
Cashback on All Loses
Cashback on all losses is a refund given to punters in case they lose within a given period of time. For instance, if your balance drops below $10 for three consecutive days, an online site might give you 10% back on all losses encountered. Please keep in mind, however, that you will not receive any rewards if you make a profit on your account.
Losing Bets or Spins
Cashback incentives are also offered by online bookmakers to attract players toward their virtual gates. These promos give players a chance to minimize their losses either on single-game bets or on parlays and they generally consist of 3% to 30% refunds on losing wagers. Players in Canada can also look forward to casino cashback winnings in the form of spins. Instead of receiving a bonus, you'll receive free spins on a particular slot as a way to earn back your losses.
Cashback on Deposits
Contrary to other cash back promos that give you back a percentage of your losses, this promo offers you a chance to get back a sum from your initial deposit, regardless of your net losses. Players will often receive between 5% and 20% back on their deposits. This can range from the initial deposit for newcomers to multiple deposits across several days for existing players. Just make sure to review the terms and conditions before activating such an offer on your account.
Daily/Weekly/Monthly
To make the difference between daily, weekly, or monthly bonuses, we created a helpful list below. Make sure to read through each of our descriptions for daily, weekly and monthly cash back promotions to understand how they work on your account. You will also need to evaluate the types of games you can play as this will differ between the three sets of deals we mentioned below.
- Daily - These are perhaps the most common of all and they allow players to take a certain percentage of their losses at the end of the day. It is important to know that the amount you will be allowed to take home is determined by the gaming establishment you are playing at as well as by the amount of money you spend.
- Weekly - These promotions cover a period of one week, giving you the chance to recoup a percentage of your losses during a period of seven days. As with any other promo, these offers may come with wagering requirements for you to complete before collecting your cash.
- Monthly - As the name suggests, monthly cashbacks give you a predetermined percentage of your net losses once a period of thirty days runs out. This is arguably the best promo for high rollers as they get the chance to collect relatively high profits.
VIP / High Roller Cashback
VIP cashback caters especially to loyalty players, allowing them to get increased rewards as they play at their favorite operator. This means that the more they play the higher the percentage they can get. In fact, some of the best gaming establishments in Canada give their players up to 50% on their losses.
Wager Free
Wager-free bonus is a truly generous promotion as it gives a sum of your lost money without requiring you to work for them. Keep in mind though that even though there aren't any wagering requirements attached to these promos, the gaming house will likely impose a loss limit, which means that you can only lose a certain amount of money.
Best Awards by Category
Upon thorough research, our team of reviewers compiled a list of top-notch gaming establishments with lucrative promos for live dealer game fans, new players, and more. Check each below and choose the one that suits your needs best.
Best For Live Gaming - Casumo
Casumo Casino offers a vast live dealer section for gaming fanatics, offering them 20% live cashback of up to $100. The offer is available from Thursday until Sunday on Lightning Roulette Extreme and the minimum deposit is set at $10. The operator is also renowned for providing safe and reliable payment methods, excellent customer support, a user-friendly interface, tons of ongoing promotions and mobile compatibility on both Android and iOS operating systems.
Best For New Players - Classic
Casino Classic is an outstanding gaming establishment that offers 3 no deposit free spins on the Mega Money Wheel game as well as additional 40 spins for just $1 deposit, allowing you to become an instant millionaire without putting high sums of money on the line. Furthermore, players can join their loyalty program and take advantage of a generous cashback promotion.
Best For No Wagering - LeoVegas Casino
LeoVegas offers a massive welcome bonus of up to $1,000 along with 200 no wagering spins on the famous Book of Dead slot. There are also other generous promotions at the LeoVegas site, including reload bonuses, cashback promos, and everything in between. This award-winning operator also impresses with tons of reliable banking methods, 24/7 customer support, mobile compatibility and an attractive user-interface with high levels of security.
Best For Low Wagering - King Billy
King Billy offers a rewarding welcome package of up to $2,500 along with 250 free spins. Even though the bonus is tied with 30x wagering requirements, it is quite low when compared to the industry standard. Apart from the welcome package, players can also look forward to an excellent loyalty program, outstanding customer support, a plethora of secure payment solutions and mobile compatibility on a wide variety of handheld devices.
Best for High Value - Nitro Casino
Newcomers at Nitro can get an excellent bonus of up to $1,000 along with 200 free spins to use on selected games. This is not all as there are quite a few promotions at the site for players to take a look at, allowing them to take excellent wins home. Nitro is also packed with a wide range of additional services, such as mobile compatibility, 24/7 customer support, lightning fast payouts, excellent games and more.
What Makes a Great Cashback Casino for Canada
The best real money cashback bonus online casinos is a place where players can feel safe and secure with a lot of games to keep them right on the edge of their seats. An extensive promotional list at a gaming platform is just an added bonus to the safety, security, and entertainment that make the gaming establishment worth diving in. On this page of our site, you'll only find well-licensed sites with games from eminent software providers as well as well-developed promotional pages. Below are some of the items we look for when reviewing sites offering cashback to real money players.
- High Bonus Amount: We always look for the amount of their welcome bonus to ensure our readers get the best deal for 2024.
- High Bonus Percent: The percentage is also quite important and we make sure you will only find the sites with the highest percentages on our site.
- Low or No Wagering: Most cashback offers have no wagering requirements attached to them and if they do they are very low.
- No Restrictions on Eligible Games: Another great advantage of this promo is that you can play all the real money games with no restrictions. This means fans of roulette and blackjack can enjoy their favorite game with their free cash.
Best Cashback Bonuses in Canada for 2024
Our reviewers went above and beyond to discover the best promos in the industry for our dedicated readers so make sure to check our table below:
Pros and Cons of Real Money Cashback Casino Bonuses
Even though they are truly sought-after incentives at online sites, cashback bonuses come with certain terms and conditions for players to be aware of. This is why we created a list of the pros and cons of redeeming these promotions to ensure you it is truly worth it.
- Try Out Games
- Bonus Cash
- Risk-Free Gaming
- Playing for a Longer Period of Time
- Wagering Requirements
- Cashout Limits
Our Recommendation on Cashback Bonuses for Canada
The best Canada casino cashback bonuses allow you to recoup a great percentage of your losses on your favorite games with no or low wagering requirements. Considering there are specially tailored offers to serve different needs of players, including blackjack, live dealer, and no-wager, we cannot recommend a single cashback offer. This means that players should look for what suits them best at the list of our recommended sites that include LeoVegas, King Billy, Ice, and more.
FAQs
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How often can you get a cashback online casino bonus?
This depends on the offer at the operator you are playing at. While some online sites allow you to use their promotions only once, others give you the chance to join Loyalty Programs and increase the percentages of money you can get back. -
How do I sign up with a casino offering cashback bonuses?
To sign up with a platform offering these generous rewards, you first need to register a real money account, which is a quick and easy process. The first step towards registering is to click the sign-up button at your favorite site and enter the required information. Once you complete the verification process, the site will confirm your info and let you play your favorite games and enjoy their promotions. After that, you'll be able to keep your winnings -
Do I have to pay fees on my winnings?
While the majority of operators do not take fees on winnings, you should always check the T&C page of your preferred site for this information. -
Is there a limit on the amount of cashback I can get?
Yes. Almost every online gaming site limits the amount of cash back players can get but this varies on the specific online site you are playing at. -
Are there wagering requirements?
This depends on the type of promotion you get. If you choose to redeem a no-wager promo then you get to cashout your money without the need to work for them. -
Can I spend my free credits on all the games?
Yet again, this depends on the gaming establishment which is why you must read the terms and conditions page of the bonus you are redeeming. -
Can I withdraw the money instead of playing with it?
If there aren't any wagering requirements attached to your promotion then yes, you can withdraw the money instead of playing with it. -
Is this promotional offer only available to new players?
No. All players can get cash back bonuses. In fact, players who stay with one gambling establishment may take advantage of a Loyalty rewards which could be much more generous than a standard bonus on first deposits. -
What is the minimum deposit I need to make to claim this offer?
This ranges from one gaming house to another but it generally is above $10. -
Do I have to play for real money in order to become eligible for this?
Yes. This is mostly because online gaming venues reward this bonus on players' losses and not for their deposits.
