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The Best Crypto Casino Cashback Bonuses Offered in 2024

Published on

May 02, 2024

Last updated:

May 20, 2024

We independently evaluate all recommended casinos. We may get a commission if you sign up via our links.

Crypto casino bonuses aren’t necessary, but they certainly make gambling a lot more interesting and profitable. That’s why the best cryptocurrency casinos will go above and beyond to ensure that their most loyal players get a chance to enjoy these bonuses weekly or monthly. Think of the crypto casino cashback bonus as the best way for an online casino to show how much they appreciate their most loyal players, thus keeping them returning for more. Don’t think of this as a manipulation tactic, though, as both parties win.

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What is a cashback bonus?

For high rollers, cashback bonuses in Crypto casinos can be a great way to maximize their returns while minimizing their losses. Essentially, a cashback bonus is a percentage of the player’s net losses that are refunded to them by the casino.

For example: if a player loses $10,000 while playing at the casino, and the cashback rate is 10%, they would receive $1,000 back as a bonus.

In some cases, cashback bonuses may be based on the player’s activity over a specific period of time, such as a week or a month. In other cases, they may be based on a player’s total losses since they started playing at the casino. Each cashback bonus’s exact terms and conditions can vary depending on the specific casino and promotion.

Cashback bonuses are generally offered to all players, regardless of their VIP status or the amount of money they wager. However, some casinos may offer higher cashback rates or other perks to their most loyal and high-rolling players.

Note: It’s important for high rollers to read and understand the terms and conditions of each cashback bonus, including any wagering requirements or restrictions on the types of games they can play to qualify for the bonus.

There are three different types of the bitcoin cashback bonus that we usually see:

  • The regular cashback bonus is available to every player with a registered account, and the cashback return will vary between 5% and 10% of the deposited finances.
  • The VIP cashback bonus – available to VIP players, the bonus reaches a higher percentage as you advance through the levels. Some players could get up to 25% of their deposits back.
  • The ongoing cashback bonus is also available to VIP Reward Members, and you can think of it as a bottomless pit of cashback bonuses. The players will be eligible for this bonus throughout the year, and the percentages are quite unpredictable, ranging between 10% and 20%.

Apart from the deposit-based bonus, you can also encounter reward-based Bitcoin cashback bonuses, where you will get back a percentage of the money you have lost while playing games. Likewise, if you are playing at a crypto casino, there’s a good chance that you will get crypto-only bonuses.

To maximize this bonus, it would be in your best interest to research what the different casinos offer, as you will want to get the VIP bonus if you plan on playing big – and vice versa. The benefits of this bonus are as clear as day, as they allow you to play more and cut your losses. As far as the cons go, the only risk you have is becoming addicted to casino games by playing more, although this risk is present the moment you create a casino account. That’s why it’s best always to keep responsible gambling in mind and never chase your losses.

Cashback Bonus Terms and Conditions

Here are the most important common points that users should be aware of based on the cashback bonus terms and conditions in general:

Key PointsDetails
Cashback PercentageThe cashback percentage is fixed and does not change based on the deposit amount.
Cashback CreditingCashback is credited daily at a fixed time.
Cashback ValidityCashback has a validity period after receipt and activation.
Cashback WageringOne casino requires a wagering requirement of x3, while the other casino does not have any wagering requirements.
Cashback Minimum Real Money LossThe casino will not credit cashback if the real money loss for the previous day is below a certain amount.
Withdrawal RequirementTo withdraw funds gained with a cashback bonus, the player must meet the wagering requirement for the total amount of deposits made during the day.
Bonus AbuseAny abuse to obtain a cashback bonus is prohibited and may result in the casino canceling and seizing all winnings gained with an active cashback bonus.
Game ContributionGames contribute differently to the bonus wagering, with all bets made while playing slots contributing 100% to bonus wagering and bets made in table games, live casino games, lottery, or other available games contributing 5% to bonus wagering.
Maximum Withdrawal AmountThe total amount of withdrawals cannot exceed a certain percentage of the total amount of all player deposits.
Cashback ActivationPlayers can get and activate their cashback in the specified section.
Welcome OfferOne casino offers 3 cashback as their welcome offer, while the other casino does not have any expiration date for their welcome offer.
RestrictionsCashback is only paid out once per person, household, IP address, device, and/or credit/debit card number or any other deposit method used.
Bonus Abuse PolicyAll casinos have a zero-tolerance policy towards bonus abuse and bonus-related fraudulent activity on accounts.
Casino RightsAll casinos reserve the right to make changes in conditions to the cashback bonus program and cancel or deny the right to participate in the promotion in specific cases at any time at their sole discretion without any reason or notifications.

These common points can help users quickly understand the important details of the cashback bonus offered by casinos and make informed decisions when participating in such programs.

Pros and Cons of the Crypto Cashback Bonus

Pros

  • Offers players the opportunity to receive a portion of their losses back
  • Can provide a sense of security for players who are concerned about losing all of their money
  • This can encourage players to continue playing, as they know they will receive some money back if they do not win
  • Can be a good way for players to try out new games without worrying about losing too much money

Negatives

  • May require players to meet certain requirements or play a certain amount before they are eligible for the cashback bonus
  • May have a maximum limit on the amount of money that can be received back
  • May not be offered on all games or at all times
  • May have wagering requirements, meaning players must play through the cashback bonus a certain number of times before it can be withdrawn
  • May be restricted to certain players or groups of players (e.g. high rollers only)

Answers to Frequently Asked Questions

Is cashback the same as Rakeback?

No. It is possible for players to get confused between cashback and rakeback bonuses, as they both involve receiving a percentage of the money they have wagered. However, cashback is based on net losses and is offered to all players, while rakeback is based on the amount of money contributed to the rake and is usually only offered to frequent players of specific games. It’s important to understand the differences between them so that you can choose the promotion that is best for you.

Can I withdraw the reward immediately without wagering it?

It will depend on the terms and conditions set by the casino. Some have wager-free bitcoin cashback bonuses where you can withdraw the reward, while others have different rules attached.

How can I claim my cashback bonus?

You can claim your cashback bonus with a few clicks, as long as you pay attention to the time limit during which the bonus is valid.

How much % is the average cashback?

The percentage for a regular cashback bonus can be anywhere between 5% and 10%, with the percentage for VIP bonuses being much higher than that.

Is there a specific requirement to qualify for cashback?

Every casino has its own requirements, although it’s usually enough to be a loyal player who will make frequent bets and deposits, and the cashback will be yours.

What cryptocurrencies are typically offered for cashback bonuses?

The most common cryptocurrencies that are offered for cashback bonuses include Bitcoin, Ethereum, and Litecoin, but other cryptocurrencies may also be accepted. It is important to check the terms and conditions of a cashback bonus to understand which cryptocurrencies are accepted and how the bonus will be paid out. Some casinos may also offer cashback bonuses in fiat currencies such as US dollars or Euros.

Published on

May 02, 2024

Last updated:

May 20, 2024

We independently evaluate all recommended casinos. We may get a commission if you sign up via our links.