Casino Cashback Bonuses in Canada for 2024

Below you will find the top Canadian casinos with current cashback deals. These promos imply that if you lose, you can get back up to 15% of what you lost.

List of Casinos with Cashback Bonuses

Trusted
🔥 Best bonus online

Get a 450% Bonus up to $22,500 + 50 Free Spins!

  • Thrilling 450% Deposit Bonus + 50 Free Spins
  • Exclusive VIP Loyalty Program for Added Perks
  • Compete in Weekly Slot Tournaments for Extra Rewards

Maximize your chances of big wins with a 450% bonus, up to $22,500, on your first deposit. Get 50 Free Spins to elevate your gaming excitement.

For whom: New Customer
Form: Cash Bonus
Type: Boosted Odds
Term: -
Best bonus: Yes
Cashback: Yes
Birthday bonus: Yes
New players, minimum deposit: $250. Wagering requirement: 60x bonus and deposit. Free spins added upon deposit. Free spin winnings subject to 50x wagering. Bonus valid for 21 days. Maximum bet with bonus funds: $30. Bonus abuse may result in forfeiture of winnings. General terms and conditions apply.
Trusted
🔥 Best bonus online

300% Bonus up to $15,000 + 50 Free Spins!

  • Exciting 300% Deposit Bonus + 50 Free Spins
  • Personalized Account Managers for VIP Players
  • Compete in Exclusive Slot Races for Extra Rewards

Double your excitement with a 300% bonus, up to $15,000, and get 50 Free Spins to enhance your gaming experience.

For whom: New Customer
Form: Cash Bonus
Type: Deposit Bonus
Term: -
Best bonus: Yes
Cashback: Yes
Birthday bonus: No
New players only, minimum deposit: $100. Wagering requirement: 45x bonus and deposit. Free spins awarded upon deposit. Free spin winnings subject to 35x wagering. Bonus valid for 21 days. Maximum bet with bonus funds: $15. One bonus per player/household/IP address. Standard casino terms apply.

How We Rate Casinos

The selection of Canadian gambling sites involves a thorough consideration of crucial factors:

Licensing and Responsible Gaming Measures

There should be a local license displayed on the main page of casinos. They should wear its local license proudly on its homepage, much like a badge of honor. Links to support organizations would be helpful, too: “We’ve got your back, even when your luck doesn’t.”

Customer Service

We make sure there are a variety of customer support channels available, including email, telephone support, live chat, and others. Imagine you got into a fight with your wife at 3 a.m. and want to take it out on the support service: would be nice if it worked around the clock, wouldn’t it?

Payment Methods

We tally up the number of payment systems supported, with extra points awarded for numerous e-wallet and card options. A casino with a one-track payment system is like a coffee shop that only accepts exact change – inconvenient and a little last century.

Game Library

A casino’s game library should be like a party that everyone’s invited to – slots, tables, live dealers, and the classic quartet: roulette, blackjack, baccarat, and poker. Missing classics? That’s like throwing a party and forgetting the music – a glaring oversight that’s hard to overlook.

TOP Casinos with a Cashback Bonus

Among our list of licensed Canadian gambling sites only two platforms feature such offers. Below you’ll find more details about them:

Wazamba

wazamba main page

The site boasts more than 5,000 titles sourced from over 50 software providers such as Quickspin, Playtech, Pragmatic Play, and Play’n Go. You can see all the trending games in the dedicated tab called ‘Popular’. Live dealer section is also available. Customer support works round the clock via the live chat function or email [email protected].

Top-tier VIP players get bonuses: 5% up to 1,500  CAD for Gold, 10% up to 3,000 CAD for Platinum, and 15% up to 4,500 CAD for Diamond members, with a 10 CAD minimum. Cashback is for net losses in the Casino section and must be wagered 1x. Opt-in weekly; it’s calculated from Monday to Sunday losses and credited on Mondays after activation.

A 25% up to 300 CAD live casino cashback is available for net losses, with no opt-in. Claim from customer support on Monday, with a 10 CAD minimum and 1x wagering requirement.

Key details:

  • Type of Cashback: Weekly
  • Percentage: 5% up to 1,500 CAD — 15% up to 4,500 CAD
  • Wagering Requirements: 1x
Pros
  • The amount is competitive (up to 15%)
  • The straightforward and capped structure allows players to estimate expected returns
  • Low wagering of just 1x
Cons
  • Only VIP users can apply
  • Only applies to casino games, not sports or poker

Ice Casino

ice casino main page

At ICE Casino, players can explore a collection of over 3,500 slot games featuring top titles like Big Bass Splash (the most trending), Book of Dead, Gates of Olympus, and Sweet Bonanza. This selection comes from providers including NetEnt, Pragmatic Play, Quickspin, Play’nGo, EvoPlay, and more. Additionally, there’s a live casino area offering Roulette, Blackjack, Baccarat, Craps, Sic Bo, and game shows such as Crazy Time. For any support needs, the ICE customer service team is available 24/7 through live chat or at [email protected] via email.

You can earn a weekly bonus based on losses, credited every Monday at 00:00 GMT, with rates from 3% to 12% according to loyalty status. Get 1 point per 2,5 CAD bet, advancing through 99 levels and 10 statuses for enhanced benefits. Eligibility starts from Amateur status with a 20 CAD net weekly deposit. The funds have a 21x wager requirement, must be used within 5 days, and capped at 2,000 CAD weekly.

Key details:

  • Type of Cashback: Weekly
  • Percentage: 3-12% up to 2,000 CAD
  • Wagering Requirements: 21x
Pros
  • High up to 12% return percentage
  • Multi-level VIP status system
Cons
  • 21x wagering requirements

All You Need to Know About a Cashback Bonus

With this promo, players receive a percentage of their losses back over a set period, which can be credited to their accounts as bonus funds or real money.

Types of a Cashback Bonus

Among the types of promotions you might encounter in a casino are:

  • Daily, weekly, or monthly: Players receive a percentage of their losses back at the end of each period. The common type in Canada is weekly cashback.
  • On Specific Games: Specialized offer that applies to losses on certain games such as slots, table games, or live dealer games.
  • No Wagering or Wagering: The first type is advantageous because it doesn’t require you to play the bonus multiple times, such as 10 or 20, before you can withdraw it. You’ll find such promo at Wazamba.
  • With or without activation: Sometimes you have to claim the offer; otherwise, it won’t be credited to your account. Meanwhile, some operators automatically grant it as long as you are registered.

How to Choose the Right Bonus

Here are 5 tips for choosing the best offer:

  1. Check the percentage and caps. Aim for promos with higher rates like 8-15%. Additionally, verify if there’s a maximum cap on the amount you can receive.
  2. Confirm the format. Optimal offers pay out in real cash that you can withdraw right away with no wagering requirements. Some pay in bonus funds which carry restrictions.
  3. Review game exclusions. Certain games like sports betting or poker may not contribute to the program. Ensure the games you intend to play are covered.
  4. Consider the time frame such as daily, weekly, or monthly over which cashback is calculated. This impacts the amount and frequency of payouts.
  5. Check if enrollment is automatic or if activation is required. Automatically credited bonus money provides more convenience. If activation is needed, check how long you have to claim it.

How to Claim the Bonus

Certain steps depend on the gambling site. Below is a quick guide to claiming the offer at Wazamba Casino:

You must opt-in each week to qualify for a cashback rebate of up to 15% on losses, up to 4,500 CAD. If you opt-in, the reward is automatically credited to accounts on Mondays with no wagering required – meaning you keep all funds. Higher VIP status levels earn bigger percentages:

  • Gold: 5% up to 1,500 CAD
  • Platinum: 10% up to 3,000 CAD
  • Diamond: 15% up to 4,500 CAD


So not only do you move up the VIP tiers through play, but you can earn cold hard cash refunds along the way. On top of that, there’s a lenient wagering requirement; once credited, the offer only needs to be wagered 1x.

As for Ice Casino, the key points are:

Here the cashback is credited automatically: you need to have reached at least the Amator level in the Loyalty Program and have a net deposit amount (after deducting bonuses received) of 20 CAD or more for the week. The higher your status, the higher the percentage you’ll receive. This offer comes with a 21x wagering requirement and must be wagered within 5 days of receiving the promo. The maximum cashback you can get per week is capped at 2,000 CAD.

The higher your status is – the greater percentage of return from the lost you will get:

  • Amator and Specialist – 3%
  • Expert and Professional – 5%
  • VIP Bronze and VIP Silver – 7%
  • VIP Gold and VIP Platinum – 9%
  • VIP Diamond – 12%

The bonus is calculated based on your gaming activity from Monday to Sunday and is automatically credited to your account at 00:00 GMT on Mondays. The formula for calculating the amount is:

Cashback = (In – (Out + Prizes + Current Balance)) x C%, where:

  • In is the total amount of deposits from the beginning to the end of the week.
  • Out is the sum of withdrawals.
  • Prizes represent all bonuses received from Monday until Sunday, including loyalty points exchanges and winnings from tournaments.
  • Current Balance is the amount of real balance at the time of calculation.
  • C is the coefficient, which varies depending on the player’s status in the loyalty program (ranging from 3 to 12%).

Our Opinion

In our view, the concept of a casino sharing a portion of your losses through a promotion is a good practice. However, it’s crucial to approach this with caution. The pursuit of cashback should never be the driving force behind your gameplay. Remember, if you find yourself earning significant bonus money, it’s indicative of much larger losses.

Our advice is to concentrate on other forms of bonuses such as welcome offers, reload ones, and participation in tournaments which are much more fun (do not forget that a casino is about fun, not income). Always play responsibly and within your means, focusing on enjoyment rather than chasing losses.

FAQ

FAQ
What is the difference between cashback and a deposit bonus?

A deposit offer credits you bonus funds to play with based on how much you deposit. Cashback rewards a percentage of net losses back to you either as bonus money or real cash.

Are there any wagering requirements?  

This depends on the casino. Some platforms pay cashback as withdrawable real money with no strings attached. Others may impose wagering rules before you can withdraw funds. 

Can you use cashback with other bonuses?

Usually, it is considered a standalone offer. Most gambling sites don’t let you combine or use cashback funds to activate or meet playthroughs on other promos like free spins and match deposit offers. Read the terms for each operator’s specific policy.

Does cashback have an expiration date?

Often you only have a limited time like 5 days at Ice Casino to claim and use it before it expires.

How frequently is cashback calculated and paid out?

Depends on the site – payments range from daily to weekly to monthly. Wazamba, for instance, features weekly Monday cashback.

Can I claim the cashback repeatedly or is it a one-time bonus?

These programs include recurring payments usually each week or month. As long as you continue playing through ups and downs, you’ll receive periodic payouts if you lose.

Author: Jack Hamilton

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Jack Hamilton is an esteemed author and gaming enthusiast specializing in the online casino industry. Currently contributing to Top Gambling Platforms Online - Best Ratings and Reviews , Jack has spent over a decade immersed in the world of iGaming, combining his passion for gaming with an innate ability to articulate complex concepts in a relatable way.