Cashback des casinos en ligne canadiens

Cashback in casinos is a type of bonus that allows players to recoup a percentage of the amount wagered (or lost) during a designated period of active play. In Canada, this is becoming very popular with many online casinos offering cashback programs. If you are interested in learning more about the various types of cashback bonuses offered by casinos, cashback bonus reviews can help you identify the best offers available.

There are two main types of cashback in online casinos:

Cashback upon lost funds. This cashback is only paid on net losses in a specific period of time. In other words, if the player was in profit in the specified period of time then cashback would not apply.
Cashback on total bets. As in this case cashback applies to the total bet turnover it does not matter whether the player won or lost.

It is important to highlight that most online casinos in Canada provide a cashback on funds lost, and it should be treated as small consolation.

What Percentage of Cashback Can You Receive?

The percentage of cashback in online casinos will vary based on the online casino, the type of game, the players' level of loyalty program, and the terms of the promotion. Most of the time, cashback will be between 5% - 15% of your lost bankroll, however, it can be more depending on different factors.

Standard cashback in casinos. The most common percentage of bet returns ranges from 5% to 10%.
VIP player cashback. Generally, the higher level of the loyalty program a player has access to, the more cashback they can expect to receive. Some casinos offer cashback of as high as 20% for enthusiastic players making larger bets.

What Period Can Cashback Be Received Over in Casinos?

Depending on the playing period, cashback in online casinos can be divided into several categories:

Daily cashback. This is a less common type of cashback, where you can earn cashback every day as long as a certain amount was spent or lost. So, for example, a promotion could be for 10 days, and each day players could receive cashback if they met the spend requirement.
Cashback on a weekly basis. This is likely a more common type of return on funds. Cashback is usually credited on a weekly basis from Monday to Sunday. After the week is over, players can expect to get back a portion of the funds they spent during that week. Cashback as part of a weekly incentive is most commonly seen as part of a loyalty program. However, it is also sometimes offered as its own promotion.
Cashback every month. This is the least common option for cashback, compared to weekly cashback, though it is more common than daily cashback.
Cashback from a tournament or a promotional result. Online casinos sometimes run special promotions or tournaments where players can compete to win great prizes and also receive cashback for losing or finishing outside of the top win positions.

How to Wager Cashback in Online Casinos?

Cashback within online casinos can either be paid as real money into the primary account or as bonus money which is subject to wagering requirements. In Canada, the second option, where cashback is offered with wagering, is more popular.

Always read through the terms and conditions of the loyalty program or promotion carefully before taking advantage of cashback offers. The information is often located in the "Bonus Terms" or "Promotions" section of the casino website. Be aware of the following:

Find out in which form the cashback is provided: real money or bonus funds.
Check the wagering requirement: a wager is generally set and a time limit for the wagering has been set. If the bonus is not wagered within the time limit, you will not receive cashback to the main balance.
Learn whether there are any restrictions on the types of games while wagering cashback.

Pros and Cons of Cashback in Casinos

Let's summarize the key pros and cons of cashback in casinos:

Pros:

Loss compensation - One of the key benefits of cashback is the possibility of partially offsetting lost funds. Even if you lose, you will still get cash back which reduces some of the stress caused by loss.
Risk minimization. Cashback reduces the risk of financial loss, particularly during down streaks (bad runs). Since players have the chance to continue playing without the risk of substantial loss, he sees a strong benefit.
A component of the loyalty program is cashback. Cashback may apply not only to losses but also to the betting turnover. Some casinos give cashback based on a specific amount bet regardless of whether the player won or lost.
Chance to practice your approach. Cashback gives players extra cash that can be used to experiment with new gaming strategies and help mitigate big losses while searching for the most profitable strategies or just improving play.

Cons:

Cannot be taken out until wagered. Generally speaking, cashback is not able to be taken out without wagering in most online casinos.
Cashback doesn't cover large losses. While cashback allows you to get back part of your lost funds, the percentage is typically not enough to cover large losses (especially high- stake events or extended periods of losing).

Cashback at casinos has clear benefits and some drawbacks. Regardless, it is a better idea to play at a casino that offers this type of bonus to receive extra benefits while you play.