With a cashback bonus, you get a portion of your potential losses back. This is a very favorable online casino promotion that’s only available at non GamStop casinos with an offshore license. Justuk.club trusted PayPal non-GamStop guide can help players find the best platforms offering such rewards safely and efficiently. The casino cashback bonus is no longer permitted in British casinos.
Best cashback casinos
The best cashback casino bonuses can be found at the best non GamStop casinos. These casinos have passed our security check and offer attractive promotions, including a cashback bonus.
Roi Bets
Harry Casino
Bet Ninja
Great Slots
The Phone Casino
Up Spinz
Lucky Boys Casino
Wager Land
What is a casino cashback bonus?
The cashback casino bonus is a favorable casino bonus that allows you to receive money back from the online casino in case of a loss. The credit you receive usually has few, if any, bonus terms and conditions. It’s especially advantageous that there are no wagering requirements, or that you have to wager the bonus up to 5 times. We rarely encounter higher wagering requirements for the cashback promotion.
The online casino only counts your losses if you’ve played with real money and lost. Bonus credits don’t count towards this. The cashback bonus is also commonly called the “loser’s bonus” because it’s based on losses. The percentage you get back from the online casino is usually between 5 and 30%.
VIP players can receive higher cashback casino bonuses, in the form of a VIP bonus, with adjusted terms and limits. This applies primarily to high rollers in many online casinos, and cashback is therefore a common high roller bonus. Non GamStop casinos want to encourage these players to gamble with large amounts.
How the cashback bonus works and how it’s explained?
Cashback bonuses allow you to get a portion of your wager back from the online casino. This usually amounts to between 5% and 30% of the wagered amount. You can receive a cashback bonus by making a deposit. The bonus is then paid out on the losses over a set period of time. When you receive the lost amount back depends on the online casino. Some non GamStop casinos pay out this bonus daily, while others may pay it out weekly or monthly.
A cashback casino bonus only applies to losses you incur as a player. If you lose €1,200 and use this 10% bonus, you’ll receive €120 back. However, it’s almost never possible to receive €120 from the casino when you’ve won €1,200. The cashback promotion generally doesn’t apply to winnings.
Example
When determining how much you’ll receive back, the online casino considers several factors. First and foremost, the amount of the cashback bonus is important. They also consider your deposits within a certain period, your starting balance, any other casino bonuses you’ve claimed, how much you’ve cashed out, and the remaining balance in your casino account. Let’s say you’re entitled to 10% cashback. If your balance is €50, you deposit €300, you don’t claim any other bonuses, and you cash out €100, leaving you with €30. The calculation is as follows:
€50 (balance) + €300 (deposit) – €100 (withdrawal) – €30 (remaining balance) = €220
10% (cashback) x €220 = €22
In this case, you’ll receive €22 in cashback from the online casino. It’s important to know whether the online casino includes your starting balance or not.
Are cashback bonuses banned in British casinos?
This casino bonus is only available at non GamStop casinos. For example, at PlayBoom24, you receive 0.5% cashback on your casino turnover. It’s notable that British providers don’t offer cashback bonuses. The reason is simple.
Types of cashback casino bonuses
There are different types of cashback bonuses. The difference lies in the terms and conditions of the online casino’s cashback bonus. There’s also a rakeback bonus, which works slightly differently.
Cashback bonus without conditions
The “pure” cashback without conditions is the most favorable option. In this case, you get a certain percentage of your deposit back. Usually, however, the condition is that you only get your money back if you lose. Let’s assume the cashback is 10%. If you lose your €100 deposit, you get €10 back.
To complicate matters a bit, there’s also a key difference between a “pure” cashback bonus and a “regular” cashback bonus. Pure cashback is real money. You get this money back from the casino, and you can then do whatever you want with it. There are no rules about what to do with the money. You can cash out immediately, but you can also continue playing with it. There are no annoying terms and conditions regarding which games and what bets you can use.
Cashback bonus with conditions
You guessed it. The standard cashback bonus comes with some rather annoying terms and conditions. You also get money back from the casino, but it’s bonus money instead of real money. And bonus money requires wagering first. Besides wagering requirements, there are often restrictions on which games you can play with it and how much you can bet. This is the most common option. The cashback bonus can also be redeemed for free spins.
Rakeback bonus
The rakeback bonus is a type of casino bonus similar to the cashback bonus. Many players often confuse the two promotions. With both bonuses, you receive a portion of your wagered money back from the online casino. The difference lies in when you receive the bonus. With a cashback bonus, you only receive money when you incur losses. A rakeback bonus is paid out by the online casino based on your total wager. For example, if you wager €1,000 and have an active rakeback bonus of 2.5%, you’ll receive €25 back from the casino. This is usually without bonus terms and conditions.
A rakeback bonus is calculated based on your total bet instead of losses.