Cashback

Plain-language definition for casino players.

Cashback is a refund of a percentage of your net losses over a period (daily, weekly, monthly). Standard rates at offshore casinos are 5-15% of net loss, sometimes scaling with VIP tier (e.g. Diamond VIP: 20%). Cashback typically credits as bonus money with low wagering (x1-x5) or as wager-free cash at premium brands.

Cashback math: a 10% weekly cashback on $1,000 net loss returns $100. If wagering is x1, you need to bet $100 once more before withdrawal — effectively a clean refund. Higher cashback % paired with no wagering is one of the few genuinely player-positive loyalty mechanics — preferred over inflated welcome bonuses with x40 wagering. Check the wagering on cashback before chasing brands marketed as 'high cashback' — sometimes x35 wagering applies and the effective rate is much lower.

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⚠️ Online gambling in Canada is regulated provincially. casinos operates under an offshore licence and is not supervised by Canadian provincial regulators. Set deposit and time limits. If gambling is harming you or someone you know, contact ConnexOntario at 1-866-531-2600. 19+ (18+ in AB, MB, QC). Play responsibly.