Find the Best Cashback Casinos 2023

Casinos with the Best Cashback Bonuses 2023

Casino Cashback Bonus Explained

A Cashback bonus works in a relatively simple way. The name pretty much gives away what it does, it gives cash in return. The cashback terms are very different for each casino, but the one thing in common is that all cashback bonuses are based on your netlosses.

For example if you deposit 20€, manage to win so that the balance is 100€, and then end up losing it all, then you will only receive cashback on the initial deposit. And if you instead decided to withdraw the 100€ when you had it, and made a new 80€ deposit but lost it, then you receive 0€ cashback that week.

Usually cashback bonuses give back between 5%-30% of the deposited money that you lost during the day/week. To get the most out of your money you should always make sure to play at the casino with the biggest cashback. (Tip: Look above for our cashback casino list.)

Comparison of casino cashback offers

Casino Cashback is the New Normal in 2023

The Cashback bonus was before exclusively used for the poker section of a casino but now it has become more and more common for the casino to implement it on all of its games. Fact is that a lot of players prefer the cashback bonus over the more traditional welcome package. Therefore, some casinos are now replacing their traditional bonuses with cash back bonuses.

If you are one of the many players that prefer to play with a cashback bonus, you should make sure to check our website often since we update this page weekly with the best cashback bonuses for 2023. So that you’re always in the loop where to get the most bang for your buck.

Watch out for “Fake”-Cashback Bonuses

Some casinos have started to call their bonus cashback even though it works just like a normal deposit bonus. If you discover that the bonus labelled cashback has wagering requirements, you know that that is not a real cashback bonus. Make sure that you always pay attention to the Terms and Conditions before you accept a bonus so you don’t fall for this trick! Here is a list of the Best Casinos Bonuses 2023.

Maximize your Cashback Returns

A cashback as a Loyalty Program has slowly become more and more common. Today there are quite a few casinos that offer you as a loyal player a cashback program where you always get back part of the money that you lose.

For the casino’s VIP-players, there are always generous terms and conditions. How much money you will get back usually depends on how much you as a player has deposited in the casino. Sometimes you don’t even have to lose to get money back from the casino that you then can use to continue playing. This is usually called a “top-up”, but it’s limited to certain VIP-players.

Cashback bonuses really are a great way for casinos to get new players since it really can be one of the few “risk-free” bonuses. You as a player does, however, still must make sure that what the casino calls a Cashback really is one.

For a little help we have listed the casinos with real Cashback offers here on Slotsoo, but keep in mind that casinos can change their T&C’s at any given time. Therefore, make sure to read the Terms and Conditions before you start playing, so you don’t end up having wagering requirements on your Cashback bonus.

Cashback Bonus Terms Checklist

To help you comparing cashback casinos and to avoid common pitfalls we have made this list:

• Minimum threshold – Usually cashback is only paid out if you would receive 10€ or more in refund.
• Maximum cap – Not all casinos offer unlimited cashback. Some cap the refund to 1000€ for example.
• Money or free spins – Some casinos only pay real money to their biggest spenders. For smaller loses only free spins are given.
• Wagering requirement – A real cashback bonus has 0x wagering requirement, Some oeprators only give this to VIP players.
• Manual payout – Cashback is not always paid out automatically. We recommend you to ask the support if you feel it is missing.
• Suspended account – If you take a 24h timeout or close your account you will not receive any cashback.

Cashback and Responsible Gaming

Cashback bonuses have become a favorite among players, but not without controversy. Some license providers have actually decided to ban cashback bonuses, since they fear it will entice players to spend more money than they originally planned. For example in Sweden this bonus type is not allowed, while MGA-licensed casinos can offer this bonus type freely.

At Slotsoo we always want to remind our readers to play responsibly. Only spend money you can afford to lose without it affecting your day to day life. Cashback is not free money, but just a partial refund of the money you spent. We recommend you to have a look at the limit options that all casinos offer. Setting deposit, time or loss limits can help you keep your casino hobby on a safe and sustainable level.

As mentioned before, cashback is only paid out to active accounts. Players that feels like taking a break from gaming completely shouldn’t let this detail stop them. There will be new bonuses waiting when/if they feel like continue playing.