Your first question is probably what sets the operators on the BestCanadianSlots top cashback Canada list apart from others. We can give you a rundown of the important stuff, all online casinos on our list are regulated and licensed. Every single one adheres to the strictest rules, games are regularly tested and pass rigorous testing, all are RNG fair certified. Payment methods are secure and reliable while several currencies are accepted, and withdrawal processing is fast.
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Or we can jump straight to what really makes the casinos BestCanadianSlots promotes so unique. It’s the quality and level of service these online casinos offer to players like you. Before we can guide and show you how to discover cashback bonus advantages for yourself. We tested, tried and re-tested cashbacks at each of the Canada online casinos. Only those that exceeded our expectation made it onto our top 10 list. We feel confident that you will enjoy a phenomenal online experience at any one of our recommended online casinos in Canada.
Never suffer your losses in silence, simply grab the best casino cashback bonus. With a little luck on your side, you could make a profit the second time around.
Get Compensated for What You’ve Lost
At the best cashback casinos, you get compensated for what you’ve lost via cashback bonuses. When the cashback bonus was at its early stage, it was a bonus reserved for the high rollers and VIPs. It didn’t take long for online casinos to realize that this valuable offer should be available to a larger player crowd. What further pushed the idea of offering the cashback bonus to all members was the fierce competition amongst online casinos.
No one likes losing, whether it is something that is gone, a match you lost in sports or a decline in your money. In most instances, there is nothing you can do to recover loses. This is why the casino cashback bonus is one of the most powerful bonus offerings. Members get compensated via a bonus that is based on a percentage of the amount they lost. The cashback bonus structure is quite unique, it offers you a bonus in line with what you’ve lost.
If you’ve only lost a few dollars, you get a lesser amount as compensation. If you’ve lost a lot of cash, you get a higher compensation bonus to make up for your losses. In the end, the percentage-based cashback bonus gives everyone an equal opportunity to win back what they’ve lost.
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Bring Back the Thrill of Winning
Is a casino cashback bonus really able to relieve the agony of losing and can it bring back the thrill of winning? BestCanadianSlots will explain how it all works and leave you to be the judge. A cashback bonus works like a rebate bonus, it gives you back a percentage of the money you lost gambling. You can use the bonus you receive to recover some or all of the money you lost.
The cashback bonus structure and the percentage you receive back vary hugely from one casino to another. It also varies from one cashback bonus offer to the next. This means the terms and conditions also vary. To identify a good offer, you need to read the T&C carefully. Let’s start with different cashback bonus offers at online casinos.
The Monthly Casino Cashback Bonus
The cashbacks bonus at some online casinos is a once a month offer that gives players back a percentage of their losses during the previous month. To qualify for the bonus, you must’ve made a deposit during the previous month. The monthly cashback bonus normally offers an attractive match bonus-percentage.
The amount you receive back via an online monthly casino cashback bonus is 10% up to 50% of your losses during the previous month. If you failed to deposit during the previous month you will not be able to claim a casino cashback bonus on the losses during the previous month. At the most casino, the monthly cashback bonus is paid into qualifying members accounts on the first day of the new month.
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The Weekly Online Casinos Cashback Bonus
At some online casinos, the cashback bonus is a weekly incentive to players who made a deposit in the previous week. The weekly cashback bonus normally offers a lesser percentage than the monthly casino cashback bonus. For example, all players that deposited and lost money in the previous week could qualify for a 5% up to 30% cashback bonus.
Again, only members who made a deposit in the duration of the cashback bonus period qualify for a cashback bonus. The weekly cashback bonus is normally deposited into your casino account every Monday. The bonus offers players from Canada a bonus value equal to a percentage of the losses during the previous week.
The Daily Cashback Casino Bonus
The daily cashback casino bonus is a rare find and not offered by many online casinos yet. The daily cashback bonus offers a smaller percentage on your losses that can vary from 5% up to 15% or more. You might have to opt-in at some casino and others, you automatically qualify.
With this offer, you wake up and discover cashback bonus benefits every single day. Every morning your daily cashback bonus is paid into your casino account. The bonus amount is equal to a percentage of the losses you had the previous day. To qualify for a daily rebate or cashback bonus, you have to deposit no less than the minimum bonus required amount. Only deposits not used to activate other bonuses qualify for the daily bonus.
Are Casino Cashback Bonuses Worth it?
If you don’t know what the terms and conditions say, you’d never know how to find the best casino cashback bonuses. The benefits or advantages you could enjoy from any bonus depends on how well you know the bonus T&C. If you feel even just a tiny bit unsure, always check with support to make sure you understand the rules 100%. It could be the difference between cashing out your winnings or losing it all because you did not adhere to the bonus T&C.
The terms and conditions of the casino cashback bonus hugely differ at online casinos in Canada. There are a few terms you need to look out for, and these are the ones we feel you should give special attention.
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Cashback Bonus Terms & Conditions
- Qualify: The first thing you need to find out about an online casino cashback bonus is what it takes to qualify. This can range from the amount you need to deposit to qualify to the period in which you need to deposit.
- Activation: At some online casinos in Canada, you only need to deposit the required amount in the bonus period to qualify automatically. While another could require you to opt-in or use a bonus code when you deposit.
- Validity: Always check for how long the bonus is valid. You do not want to follow all the rules, only to miss out on using the bonus at all. Make sure you actually get to discover casino cashback bonus benefits by using it before it expires.
- Worth: Before you accept a casino cashback bonus, you’d want to know what’s in it for you. Do you get 5% or 50% back on your losses, the actual percentage can vary tremendously. This can make a significant difference in the amount you get back.
- Real Value: Some Canadian casinos offer you a cash reload bonus, which means whatever you win are free from wagering requirements. Some require wagering of the winnings you achieve via the online cashback bonus.
- Limits: This might come as a surprise, but some online casinos limit the amount you can withdraw from the winning you earned via a cashback. The maximum withdrawal cap is normally displayed as 10 x or 20 x the amount you received as a cashback bonus.
- Increasing: If you receive the cashback bonus as part of a loyalty program the percentage you get back increases. Loyalty programs offer several tiers or levels and every time you reach a higher level your benefits increase. At most Canada online casinos this means the percentage you get back also increase. It could also mean an increase in the maximum amount you can claim via the bonus.
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Cashback Bonuses versus Casino Bonuses
Unless you are familiar with bonus types you might think all bonuses are the same at online casinos. You need to make a deposit and then the casino adds some extra money to your account. It all sounds a little boring unless you win and then it might get interesting.
You deposit what you can afford as long as it meets the minimum required deposit. And you start playing with double your money. You win double your money before you play a single round at online casinos.
Although at the end of a deposit bonus you need to complete wagering requirements before you can withdraw your winnings. In most cases, your bonus could limit you to playing a specific game type only. Still, if you read the T&C before you claim the bonus you are well aware of the restrictions and requirements.
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Cashback, the King of Canada Online Bonuses
The cashback bonus at online casinos works different than the deposit or reload bonus. You deposit, and enjoy the games you wish to play and there are no gaming restrictions. The cashback bonus is a safety net that allows you to bet with confidence. Should your luck run out, you get a second chance to win it all back.
Whatever the amount is you lose you get a percentage back via a casino cashback bonus. In most cases, the cash-back bonus is a wager-free rebate that gives you a second chance. You can play fearlessly, if you lose you get a casino cashback bonus at the best Canada online casinos. This means you get to have fun all over again, you also have the possibility of winning back your losses.
Should luck decide to stay by your side, you might just end up with a profit. The cashback bonus enhances everything that makes online gambling so exciting. It allows you to take bigger risks, experience anticipation as the round gets closer to the final results. But right at the end, it steps in to remove the feeling of failure. You get a real chance to discover the cashback bonus benefits as it grants you a second chance to taste victory.
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