Natasha Alessandrello is a Senior Editor in the Casinos.com content team. She began her career as a Features Writer for several weekly and monthly magazines, and has a decade’s worth of experience in writing, researching and editing casino content. She is interested in all equine sports, and enjoys blackjack and the occasional game of poker.
Lee James Gwilliam has over 10 years as a poker player and 5 in the casino industry. He has been all around the industry, working for a casino, writing more than 3,000 articles for various independent review sites and is an active player of slots, live dealer and poker.
Losing is part of the online casino experience, but with the best casino cashback bonuses for Canadian players, you can soften the blow! Think of cashback bonuses as a safety net for your real money losses on slots, table games, and live dealer titles. Claim money back on your losses with the most accessible casino bonuses in Canada.
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Casino Games
18900+
Slots
11000+
Live Games
80+
Minimum Deposit to Qualify
$20.00
Payment providers
Wager Requirement
n/a
Maximum Bonus
$0.00
% Cashback
11%
19+, New Customers Only, Play Responsibly, T&Cs apply. This offer is not available for players residing in Ontario.
Casino Games
400+
Slots
300+
Live Games
65+
Maximum Bonus
$1,600.00
Payment providers
Multiple Deposit Bonus
Wager Requirement
35x
Value per Free Spin
$0.10
19+, New Customers Only, Play Responsibly, T&Cs apply. This offer is not available for players residing in Ontario. 1st / 2nd / 3rd / 4th Deposit - Match Bonus up to C$ 400 • 10 daily spins to win a Million • New customers only • Min deposit C$ 10 • Wagering & Terms apply
3
100% Welcome Package up to $10000 + 100 Free Spins
Casino Games
10000
Slots
9500
Live Games
124
Maximum Bonus
$10,000.00
Payment providers
Minimum Deposit to Qualify
$30.00
Wager Requirement
40x
Value per Free Spin
$0.10
19+, New Customers Only, Play Responsibly, T&Cs apply. This offer is not available for players residing in Ontario. 19+ T&C Apply.
4
Read Space Review
›Spend $10 Get 50 Free Spins + Get 10% Cashback Every Monday on Slots
Casino Games
170+
Slots
70+
Live Games
2
Minimum Deposit to Qualify
$10.00
Payment providers
Value per Free Spin
$0.20
Number of Free Spins
50
No Wagering Free Spins
19+, New Customers Only, Play Responsibly, T&Cs apply. This offer is not available for players residing in Ontario.
5
Read Lyra Review
›200% Welcome Bonus up to $1500 + 10% Cashback Everyday of The Week
Cashback is where the casino pays you back a portion of losses you make over a set amount of time. A typical amount for cashback bonuses is around 10-20% of your losses, which the casino will rebate to your account. If you’re part of a higher level at a VIP casino though, you might get a bigger cashback on a weekly or monthly basis. Some cashback casinos also increase your cashback depending on your level in the loyalty program.
But you can also find individual cashback offers at any casino, where you deposit a minimum amount and get a percentage back if you don't win with that particular balance.
Either way, the concept of a cashback casino bonus is to provide a safety net if you lose. The best cashback bonuses in Canada have no wagering requirements attached – meaning you can withdraw your winnings right away. So look at the bonus terms, like with any other bonus offer!
Top Cashback Bonuses in Canada
Any of the cashback bonuses you find here are fair game, but keep in mind that T&Cs always apply and vary from site to site. After doing some digging, here are the best cashback bonuses in Canada in my opinion.
Koi Casino - Daily Cashback of 15%
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Koi Casino gives you a daily reward, but you need to play daily not to miss out. 15% of your net losses is credited back to your account the following day as a cashback bonus.
Wagering requirements of 10x apply for bonus money and 50x for free spins.
BetiBet - Weekly Cashback of 10 - 20%
100% Welcome Package up to $10000 + 100 Free Spins
19+, New Customers Only, Play Responsibly, T&Cs apply. This offer is not available for players residing in Ontario. 19+ T&C Apply.
BetiBet is the obvious choise if you’re looking for a cashback casino that also offers sportsbook! You get 10 – 20% cashback on every deposit, depending on how much you put in.
The bonus is credited automatically the following day and comes with a wagering requirements of x3. However, you won’t be eligible if your losses from the previous day is less than $29.
19+, New Customers Only, Play Responsibly, T&Cs apply. This offer is not available for players residing in Ontario. 18+ T&C's Apply
Trino casino is probably one of the top cashback casinos for you if you play big. They double as a VIP casino, so the bigger your deposits and your status, the bigger the cashback rewards.
You can claim up to 20% and $8726 as a weekly casino cashback bonus and they apply wagering requirements of 3x.
How Cashback Bonuses Work
The best way to understand a cashback bonus is to see an example. So, let’s say a cashback casino offers 10% cashback up to $200 over 24 hours.
That means the casino will pay back 10% of all losses over your first full day of play following your first wager, up to a maximum of $200. So, if you have a bad first day and lose $100 during this time, the casino will give you $10 back.
Types of Cashback Bonuses
There are different ways of running a cashback casino bonus in Canada, including the popular promo types below:
Cashback on Net Losses
During a cashback casino bonus period, you are likely to both win and lose when you play slots for real cash, blackjack, roulette, or any other game. Since these are games of chance, nothing is guaranteed - you could hit the jackpot and win a mouth-watering payout or lose your bankroll. That’s the nature of gambling.
A bonus that takes into account net losses counts both your wins and losses to determine how much your bonus payout should be. So, it is essentially your wagers minus your earnings up to the bonus limit.
For example, using a 10% casino cashback bonus of up to $200 over seven days, if by the end of the week you have won $200 but have lost $300, the net loss will be $100. The casino will reward a 10% rebate of the $100, which would be $10 in cashback.
Cashback on Total Wagers
As the name suggests, this type of cashback bonus gives you a rebate on all losses you make from every bet over a specific period and up to a certain amount. Let’s say you’re using the 10% cashback promo, where you can get up to $200 over seven days. If you lose $1,000 over the week, the casino will give cashback on $200 worth of losses, which would be $20. This cashback offer is rare as players know that every loss within the bonus limits gives them some cashback.
Welcome Cashback Bonus
Online cashback casinos in Canada offer welcome bonuses for players who register and deposit for the first time. Think of this as a way for the casino to attract you. Welcome promos are usually a deposit match bonus, free spins, or sometimes both. However, some casino sites do offer cashback rewards for new players, giving them a safety net for their losses. Like most welcome bonuses, the minimum deposit or wager amount to become eligible for the offer will differ from casino to casino.
Reload Cashback Bonus
A reload bonus is when the casino rewards an existing customer who returns and funds their account after claiming a welcome bonus. For loyal players of an online casino, a reload bonus allows you to claim a portion of their losses back as bonus funds on a daily, weekly, or monthly basis.
Cashback Bonus Terms & Conditions
Like all promotions, all online casino cashback bonuses have terms and conditions you’ll need to meet. These are rules and information you must know before you claim the offer. We recommend always reading the T&Cs before you opt in for any bonus. That way, you can decide whether the cashback casino bonus is right for you.
There are common terms that you need to pay attention to as they have a direct effect on the quality of a promotion:
Wagering requirements: Cashback is one of the best bonuses for casino players as it usually does not have a wagering requirement. All other casino bonuses say you must wager through a multiplier of the deposit, bonus, or both amounts before cashing out your winnings. Cashback offers do not make this demand as most promos are non-withdrawable, making them easier to claim.
Game contributions: In some cases, the cashback bonus casino will list specific games you must play to be eligible for cashback. For example, you may be able to play video slots but not live dealer games. However, many all-bet cashback promos allow you to play any casino game.
Payment method restrictions: To claim a cashback reward, you’ll need to deposit to play real money games. Some casino sites don’t accept certain payment methods for bonuses, even if that method is supported for regular deposits. Usual examples include e-wallets like Skrill and Neteller.
Expiry date: Most casino promotions only run for a set amount of time and have an expiry date for when you can claim it. For a cashback reward, you’ll usually only have around 24 hours to opt-in to the offer. Then, you’ll need to pay attention to the timeframe to incur losses for claiming a cashback, which can often range from 24 hours to a week.
Maximum cashback: This details the maximum amount you can get back in cashback. Let’s say you want to claim a 10% cashback bonus worth up to $200. This means that even if you lose more than that, the casino will pay out only $200 in cashback.
Withdrawable funds: In most situations, you’ll get a cashback bonus reward in casino credits, which means the casino doesn’t provide you with cash you can withdraw. Therefore, you’ll need to reinvest all cashback you receive in the casino. However, you can cash out winnings you make from your cashback funds.
Pros and Cons of Cashback Casino Bonuses
As you can see, casino cashback bonuses are one of the most generous and flexible promotions on the online casino scene, appealing to many different types of players. Even so, like all types of casino promo, there are advantages and disadvantages you need to consider before claiming.
Check out the pros and cons of cashback bonuses below and see if casino cashback offers are the best bonuses for you.
Advantages
Recoup losses - you can minimize losses through the bonus period. Most cashback offers are between 1% and 30%.
Play again - when you claim cashback, you will have casino credits to play real money games again.
No wagering requirements - casino cashback does not usually have a wagering requirement, making it easier to claim the bonus.
Easy to understand - cashback offers typically have simple terms and conditions.
Disadvantages
Game restrictions - most cashback promos restrict which games you can recoup losses on.
Not widely available - despite being popular amongst players, cashback rewards bonuses are pretty rare.
How To Claim a Cashback Bonus
To claim cashback bonuses, you’ll need to join an online casino and deposit real money. The good news is that most casinos have a similar simple registration process, and by following the steps below, you can sign up in minutes.
Select a casino: Pick one of the cashback casinos I’ve recommended on this page, each chosen by me or one of my fellow industry experts.
Read the T&Cs: Check the casino T&Cs before you sign up, ensuring the site is legitimate and reputable. Of course, you can rest assured that all Canadian casinos on this page are licensed and secure. You can also read bonus terms before you register.
Open an account: Click the “Register” or “Join” button. Fill in the forms giving your name, email address, phone number, home address, and date of birth.
Complete registration: Open your account by completing the form and then click the link sent by the casino in your email inbox.
Claim the bonus: You may need to opt-in for the cashback bonus on the casino promotions page. Some sites enroll you for the promo automatically.
Use the bonus: The cashback bonus is now active, and you can start playing games and wagering. You will be able to claim a rebate on losses up to the terms of the bonus.
Finding the Best Cashback Bonuses
I’m here to ensure you squeeze every bit of fun (and cash) out of your casino cashback offer. Armed with decades of combined experience and insider knowledge, I know the Canadian market inside out. And because I know exactly what to look for, I review each cashback casino with a strict eye.
Follow the tips below to make the most of your casino cashback bonus and hopefully boost your bankroll!
Bonus amount & percentage: When it comes to cashback bonuses, the bigger the better. But check how much you have to wager to be eligible. To get the cashback offered at any cashback casino, there is always an amount you need to deposit and wager first.
Wagering requirements: Check if your cashback bonus is credited like cash that you can withdraw immediately, or if it has wagering requirements applied to it.
T&Cs: Don’t skip this part. It will save you from any unwelcome surprises when it comes to withdrawing you winnings, and what’s required to get them.
Eligible games: It could be that the casino cashback bonus will only cover specific games. Check the terms and conditions to see which games are eligible and if it’s games you want to play.
Security and safety: Pick a casino with a valid license from a known authority, like the MGA or UK Gambling Commission. (The sites listed on this page are all trustworthy and licensed).
Payments: A lot of players value flexibility when it comes to payment methods. But make sure that your payment method isn’t excluded from bonus offers.
Licensing Authorities & Testing Agencies
Meet The Author
14 Years Experience
Natasha Alessandrello
Editor
Natasha Alessandrello is a Senior Editor in the Casinos.com content team. She began her career as a Features Writer for several weekly and monthly magazines, and has a decade’s worth of experience in writing, researching and editing casino content. She is interested in all equine sports, and enjoys blackjack and the occasional game of poker.
Check out our list of recommendations to find the best cashback casinos. We've selected the top online casinos in Canada that offer some of the best cashback offers right now. You can also compare the highest-rated casinos and pick the best ones for you based on bonus amount, payments, games, and safety.
Are cashback casino bonuses only for high rollers?
No, not at all. Many cashback casino bonuses I’ve listed are accessible to all types of players. All you need to do is claim your bonus and then play real money casino games as you normally would. If you happen to lose within the bonus period, the casino will rebate a percentage of your losses.
Why should I claim a cashback bonus?
If you're looking for some of the easiest and most generous promos to claim, you should definitely check out the cashback bonus. Plus, you don't even need to worry about wagering requirements most of the time. Just opt in for the bonus and start playing games. Easy!
Do casino cashback bonuses have wagering requirements?
Usually they' dont. You will not need to complete wagering requirements because you are not actually receiving potentially withdrawable money. However, while you can't withdraw the cashback, you can still cash out any winnings you make with your cashback funds.
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