Cashback Bonuses

Online casinos are places where fortunes are won and lost with each spin of the roulette wheel, slot, or flip of a card. To protect a big portion of your bets if the things go wrong, cashback bonuses are here to jump into play. These bonuses act as a guardian angel of sorts, offering players a distinctive advantage that sets them apart from the typical thrills of casino gaming. 

It’s not just about wins anymore – it’s about turning losses into opportunities, recouping your investment, and turning the tables in your favor. That’s why our specialists from Casino Kitchen took a good effort to find the best online casinos with cashback bonuses and explain the importance of claiming them. Make your seat comfortable and let’s dive into it!

Top Online Casinos with the Highest Cashback Bonuses

1. Light Casino – Live and Weekly Cashback Bonus

Light Casino is an exciting online casino and sports betting platform that was licensed in 2018 by the MGA. Since then, it has had a successful collaboration with some of the biggest game providers, such as NetEnt, Play’n’Go and Microgaming. Also, it collaborates with many smaller providers, so players can expect different kinds of games and sports matches with a variety of bonuses, as well as many kinds of jackpots and cash prizes.

Welcome Bonus:

  • C$750 cash bonus + 200 free spins

Cashback Bonus:

  • Live Cashback – 25% up to €200
  • Weekly Cashback – 15% up to €3000
  • Sports Cashback – 10% up to €100

Casino Games:

  • Gates of Hides
  • Fruit Shop Megaways
  • Rise of Olympus
  • Book of Rampage
  • Book of Dead
  • Burning Classics

Payment Methods:

  • Visa and Mastercard
  • PayPal
  • Neteller
  • Skrill
  • ecoPayz
  • PaysafeCard
  • Neosurf.

Customer Support:

There is an amazing professional team ready to answer all of your questions or to offer help about anything, in case you need it. The Light Casino Customer Support Team is available 24/7 on live chat or email. You can contact them at any time!

2. Millionaria Casino – Daily and Tuesday Cashback

Millionaria online casino started welcoming its players in 2021. The website is owned by N1 Interactive Ltd, a casino operator supervised by Malta Gaming Authority (MGA). Millionaria casino site has everything for new and seasoned players needed for an enjoyable gaming experience. It houses a wide array of games, from slots and jackpot slots to table games and engaging live casino releases. 

Welcome Bonus:

  • 100% matched bonus + 100 free spins

Cashback Bonus:

  • 20% Daily Cashback 
  • 5% Tuesday cashback

To gain 20% cashback, top up your casino balance with €5,000 or more. If you want to withdraw the winnings, you must wager the bonus funds 3 times. To get a cashback, you must lose at least €20 the day before. The 5% cashback awarded on Thursday has the same terms. The only difference is that the maximum sum you can get cannot exceed €500.    

Casino Games:

  • New Games
  • Online Slots
  • Bonus Buy
  • Live Casino Games
  • Table Games
  • Hot Games
  • Jackpot Games

Payment Methods:

  • Visa
  • Mastercard
  • MiFinity
  • Skrill
  • Neteller
  • Paysafecard
  • Rapid Transfer
  • ecoPayz

Customer Support:

If you encounter any issue at Millionaria, you can count on 24/7 customer support. The most convenient way to resolve a problem is through live chat. If you wish, you can also contact the support team via email at support@millionaria.com. Or, send a direct message through a contact form on-site. 

3. 5Gringos Casino – Live and Weekly Cashback

5Gringos Casino is operated and owned by Rabidi N.V., and it was established in 2020. This online casino has a multilingual establishment and unique features accompanied by live and weekly cashback bonuses. It’s extremely popular since 5Gringos collaborates with some of the best software game providers in the world, and it has a mobile app available both for iOS and Android users. 

Welcome Bonus:

  • CA$590 + 100 free spins

Cashback Bonus:

  • Live Cashback – 25% up to €200
  • Weekly Cashback – 15% up to €3000

Casino Games:

  • Book of the Fallen
  • Jackpot Raiders
  • Blackjack First Person
  • Roulette Diamond
  • Craps
  • Baccarat
  • Buffalo Blitz
  • Majestic King

Payment Methods:

  • Bitcoin
  • Bank Transfer
  • EcoPayz
  • Ethereum
  • MasterCard
  • Litecoin
  • MuchBetter
  • MiFinity
  • Ripple
  • Skrill
  • Neteller
  • Visa
  • Trustly

Customer Support:

The most important thing is that you can contact the support team all the time since there is 24/7 live chat support. 

4. Fortune Panda Casino – Daily Cashback

If you are searching for the best gaming entertainment, incredible bonuses and multi currency payment options, then Fortune Panda is the right online casino for you. The casino was established in 2020 and has since then created a huge impression on the players and the gaming industry as a whole. You can find thousands of casino games in every category, as well as a cute cashback bonus to never be a loser.

Welcome Bonus:

Cashback Bonus:

  • 7% to 15% daily cashback

Casino Games:

  • Big Bass Bonanza
  • The Dog House
  • Big Bass Splash
  • Gates of Olympus
  • 9 Lions
  • Aviator
  • Choco Reels
  • Piggy Bankers

Payment Methods:

  • Paysafecard
  • Neteller
  • Neosurf
  • Trustly
  • Sofort
  • Giropay
  • EcoPayz
  • Astropay
  • Skrill
  • Mastercard and Visa
  • Tether
  • Ripple
  • Litecoin
  • Ethereum
  • Bitcoin

Customer Support:

The customer support at this casino is top-quality and runs round the clock. Players can reach the support system through email at support@fortunepanda.com or the live chat feature. You can also check out the FAQ section to know if your queries have been addressed. 

5. BigWins Casino – Daily Cashback Bonus

BigWins Casino is a crypto online casino with thrilling rewards and a pleasant gaming experience overall. You can make secure, fast, and anonymous transactions, as well as enjoy in cashback bonuses to sweeten your account. This allows you to have a great time playing online games, without having to worry about the safety of your personal and financial information.

Welcome Bonus:

  • 100% deposit bonus for up to 250 USDT, or currency equivalent.

Cashback Bonus:

  • 20% daily cashback bonus 

Casino Games:

  • Fat Rabbit
  • Gonzo’s Quest
  • Mental
  • Candy Bonanza
  • Starlight Princess
  • Twin Spin
  • NFT Megaways
  • Gold of Maya
  • Dynamite Riches
  • Starburst
  • Blue Slot

Payment Methods:

  • Bitcoin
  • Ethereum
  • Litecoin
  • Tether
  • TRON
  • Bitcoin Cash
  • Ripple
  • Cardano
  • Binance
  • Dogecoin

Customer Support:

Live chat customer support is active 24/7 for all BigWins players. In the bottom right of the screen you will see the live chat widget. From here, you can reach out to a friendly and professional support agent. It’s a pity they’re available only from 8 am to 8 pm CET. When they’re off, you can direct your queries to the management team via email at support@bigwins.com.

How Cashback Percentages Work?

Behind the scenes of cashback bonuses lies an intricate algorithm that calculates not just numbers, but the promise of redemption. Cashback percentages are usually calculated based on a player’s net losses within a specific timeframe. Net losses refer to the difference between your total bets and your total wins during that period. 

Example 1: 10% Cashback

  • Net Losses: $200
  • Cashback Percentage: 10%
  • Cashback Amount: $200 * 0.10 = $20

Example 2: 20% Cashback

  • Net Losses: $200
  • Cashback Percentage: 20%
  • Cashback Amount: $200 * 0.20 = $40

Example 3: 30% Cashback

  • Net Losses: $200
  • Cashback Percentage: 30%
  • Cashback Amount: $200 * 0.30 = $60

Cashback bonuses often operate within specific timeframes, such as daily, weekly, or monthly basis. For example, a weekly cashback bonus might calculate your net losses from Monday to Sunday and offer the corresponding cashback on the following Monday.

Benefits of Cashback Bonuses

Claiming a cashback bonus wil lead you to numerous advantages when it comes to your gameplay. Here are some of them to take a look at:

1. A Bridge Between Wins and Losses

Cashback bonuses blur the distinct boundary between wins and losses, offering a bridge that connects these outcomes. This nuanced perspective can lead to a more balanced and enjoyable approach to casino gaming.

2. Recouping Losses

One of the most apparent benefits is the ability to recoup a percentage of net losses. This not only softens the blow of unfortunate outcomes but also fosters a spirit of resilience. Players can bounce back from losses with renewed determination, armed with the knowledge that a part of their investment will be returned.

3. Strategic Empowerment

Cashback bonuses empower players with a strategic edge. The promise of a percentage of losses being returned encourages players to think tactically, making informed decisions that align with their gaming preferences and strengths. This strategic approach can lead to more calculated wagers and a more fulfilling gaming experience.

4. Enhanced Gameplay Experience

With cashback bonuses in tow, players can dive into games with a heightened sense of enthusiasm. The assurance that losses won’t be in vain creates an environment where players can experiment with various strategies, delve into new games, and take calculated risks without the fear of losing everything.

5. Tailored for All Players

Cashback bonuses cater to a wide range of players, from newcomers navigating the casino landscape to experienced gamers who appreciate the value of risk management. This versatility ensures that players of varying skill levels can reap the benefits of cashback rewards.

FAQs about Cashback Bonuses

Are cashback bonuses available at all online casinos?

No, cashback bonuses vary between casinos. Some offer them as regular promotions, while others may not have them at all.

Do I need to opt-in to receive cashback bonuses?

It depends on the casino. Some casinos might automatically award cashback, while others might require you to opt-in through the promotions section.

Are cashback bonuses only for players who lose money?

Cashback bonuses are primarily designed to provide a percentage of net losses back to players. However, some casinos might offer cashback rewards as part of ongoing promotions regardless of wins or losses.

Do cashback bonuses have wagering requirements?

It depends on the casino. Some cashback bonuses might come with wagering requirements, while others offer cashback as real cash without any wagering conditions.

Is there a minimum deposit requirement to be eligible for cashback bonuses?

Casino terms can vary, but many cashback bonuses have minimum deposit requirements to qualify for the bonus. Always check the specific terms of the bonus offer.