Best Casino Cashback Bonuses in Canada for 2024

Who doesn’t love a bonus? Cashback bonuses are a unique perk where a percentage of your losses is credited back to your casino account, typically at the end of the day or week. Discover the top Canadian casinos offering these rewards while enjoying responsible gambling.

4.9

Welcome Bonus:

$750 + 200 Free Spins

4.7

Welcome Bonus:

Up to $3,000 + 210 Free Spins

4.7

Welcome Bonus:

100% Match Bonus of up to $750 + 200 Free Spins

4.8

Welcome Bonus:

200% Up to $15,450 + 100 Free Spins

4.6

Welcome Bonus

$10,000 + 100 Free Spins

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Cashback Bonuses: What They Are and How They Work

Before we delve into the best casino cashback bonuses available, we first need to differentiate it from your standard bonus offers. Most bonus offers at online casinos are presented as a match up to a certain percentage.

For example, if you claim a bonus offer of 100% up to $50 and you deposit $50 cash. You will then receive $50 in bonus credits, giving you a total bankroll of $100.

Casino cashback offers, on the other hand, are generally offered as a percentage back on losses, and usually do not have any wagering requirements attached. Which means you will be able to withdraw them – if you wish! This overall reduction in losses also makes cashback casino offers an appealing option for those wishing to gamble safely and responsibly.

The Best Cashback Online Casinos Compared

Plenty of top online casinos in Canada offer a wide range of bonuses, from match bonuses plus spins to weekly cashbacks and more. Below, we highlight some of our favourite ones that offer the most types of cashback bonuses.

	Top Pick
	Play Now	Play Now	Play Now	Play Now
Welcome Bonus	$750 + 200 Free Spins	100% Match Bonus of up to $750 + 200 Free Spins	$750 + 200 Free Spins	$600 + 200 Free Spins
Weekly Cashback	15% up to $4500	15% up to $4500	15% up to $4500	15% up to $4500
Live Game Cashback	25% up to $300	25% up to $300	25% up to $300	25% up to $300
Sports Cashback	10% up to $750	10% up to $750	10% up to $750	10% up to $750
Welcome Bonus Cashback	10% up to $300 as Welcome Bonus
Overall Rating	4.9/5	4.7/5	4.9/5	4.5/5

Cashback Bonuses Vs. Other Casino Offers

Now that you have a bit more of an understanding as to wagering requirements are and the role they play in the claiming of bonuses, let’s look at some other popular types of bonuses that online casinos tend to offer.

Bonus Type	Great for	What It is	Key Features	Wagering Requirements
Cashback Bonus	Minimizing losses over time	Refunds a percentage of losses	Reduces overall losses	Often low or none, as it’s based on losses
Match Bonus	Increasing initial bankroll	Matches a percentage of your deposit	Boosts your initial bankroll	Often high, 30x – 40x
No Deposit Bonus	Players with strict withdrawal limits	Bonus requires no deposit	Allows you to try the casino risk-free	Often high, 40x – 50x
Free Spins Bonus	Risk-free rewards	Gives free spins on select slot games	Usually tied to selected slots	Winnings usually subject to wagering

The Benefits and Limitations of Cashback Offers

As with anything, there are pros and cons to taking up cashback offers at gambling sites, some of which we’ve summarised in the table below.

Pros

Can extend your playtime
Can usually be used on all games
Can be good for players who like ongoing rewards

Cons

May be capped or limited
Can be less rewarding than a bigger match bonus
Often requires tracking losses

How to Claim Your Cashback Bonus at OnlyWin

Log into your casino account and navigate to the promotions or bonus.
Find the cashback offer you would like to take up and select deposit or get bonus.
Play eligible games if stipulated (for example, live casino games if the cashback is tied to those.)
Wait for the cashback period. If weekly, the day of the cashback will be stipulated.
If not credited automatically, which is usually the case, claim your cash credits.

Most Popular Types of Cashback Bonuses

Because different casino games having various risks and RTP (return to player) percentages, it stands to reason that the number of losses a player incurs will depend greatly on the type of games they play.

To make up for this, some casinos will offer different cashback offers depending on the type of games upon which the losses were incurred. Some might offer a general cashback regardless of the games played, while other casinos such as Cashed and Nova Jackpot, might have special cashback bonuses specifically for live games. If you’re lucky, you may find this type of offer for sports betting too.

Below, we highlight some of the most popular ones you can expect to encounter when looking to play.

No wagering

It’s always a good idea when claiming any kind of bonus from an online casino, to pay attention to any terms and conditions attaches, particularly around wagering requirements. As a general rule, though, cashback offers – because they are offered as a percentage of losses – don’t come with any wagering limits or requirements.

These bonuses are very favourable as far as responsible gambling is concerned, because generally a player will be able to withdraw the cashback without any restrictions.

Weekly offers

As you can see from the table above, there are various types of cashbacks to enjoy, depending on your preferred games. It’s also worth noting that all of the ones above offer a standard weekly cashback. This is a great incentive to keep playing your favourite games during the week, with a little bump in your balance to look forward to, especially if you’ve not been having the greatest turn of luck in the casino.

Daily offers

Some popular online casinos, like 1Red Casino and OnlyWin, offer daily cashback bonuses of up to 20% of one’s daily losses. The maximum total amount you are eligible to receive, however, depends on a number of factors, and there may even be (minor) wagering requirements attached, usually around 3x.

⚠️ Sometimes, the percentage of the cashback will depend on – how much you deposited the previous day – whether you claimed any traditional bonuses, or if you met the wagering requirements of said bonuses. Sometimes, the maximum percentage of a daily cashback is only applicable to players of a certain VIP tier.

VIP

The VIP or loyalty program at an online casino is a way of rewarding regular – and often high-rolling – players. Depending on where you choose to play, you could be eligible for all kinds of rewards, from no deposit bonuses to free spins on your favourite game, or even a special VIP cashback incentive.

That said, most VIP programs will operate on a tier system, with various criteria in place to determine your level, as well as various perks. At some casinos, consider Zotabet, for example, a full 20% cashback is limited to players on the fifth VIP level, and for a minimum deposit that day of €5,000 (approximately CAD 7,386). As always, be sure to read the fine print of any bonus incentive before opting into it.

Crazy Fox Daily Cashback: Turn Losses into Opportunities

Crazy Fox Casino makes every day rewarding with its generous daily cashback bonus of up to 20%. Based on your losses from the previous day, you can enjoy a percentage back—starting at 5% and scaling up to 20% for high rollers. With no maximum cashback limit, it’s a fantastic safety net for players who deposit at least $45 daily. Remember, the cashback is credited automatically at 00:01 UTC, and you’ve got three days to claim it, so don’t miss out on turning your losses into a possible chance to win!

Claim Your Bonus Now

Smart Strategies for Maximizing Cashback Bonuses

Always read the terms and conditions

Reviewing the fine print helps avoid disappointment from hidden restrictions or conditions.

Check wagering requirements

Cashback bonuses often lack wagering requirements, but always verify before claiming.

Confirm your payment method

Some bonuses apply only to specific payment methods, so double-check beforehand.

Watch for location restrictions

Ensure your casino isn’t regionally restricted to use bonuses, otherwise this may hamper your ability to claim and play with bonuses.

Review withdrawal times

Cashback bonuses may have varied withdrawal processing times—check before cashing out.

Note bonus time limits

Cashback offers often have a time limit, so familiarize yourself with deadlines.

Tips for responsible gambling

Cashback bonuses can make your casino experience more rewarding, but it's essential to play with caution. Always set personal limits on deposits, take breaks, and only wager what you're comfortable losing. Gambling should be an enjoyable activity, not a source of stress. If you ever feel that your gambling habits are getting out of hand, there are resources available to provide support.

FAQ

A casino cashback bonus is a type of bonus that is offered by some Canadian online casinos, in the form of a percentage of the losses incurred by a player, either over the course of a week, or a single day.

This depends entirely on the casino, the games for which the cashback is valid, as well as the time period for which the cashback applies. It generally ranges from 5% to 20%.

Again, this depends entirely on the casino at which you’re playing, but as a general rule they don’t. If they do, it is usually much lower than a typical bonus offering.

No. While most casinos will offer traditional bonuses, not all of them will have cashback offers. The best casino cashback bonus offers we have reviewed this ##YEAR## are:

Casino Cashback Bonuses – We Unpack the Best on Offer in 2024

Cashback Bonuses: What They Are and How They Work

The Best Cashback Online Casinos Compared

Cashback Bonuses Vs. Other Casino Offers

The Benefits and Limitations of Cashback Offers

Pros

Cons

How to Claim Your Cashback Bonus at OnlyWin