The Best Crypto Casino Cashback Bonuses Offered in 2023
Crypto casino bonuses aren’t a necessity – but they certainly make gambling a lot more interesting and profitable. That’s why the best cryptocurrency casinos around will go above and beyond to ensure that their most loyal players get a chance to enjoy these bonuses on a weekly or monthly basis. 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 coming back for more. Don’t think of this as a manipulation tactic, though, as both parties end up on the winning side.
The best Crypto Casino Cashback Bonuses in 2023
If you plan on being a regular casino-goer, the best thing you can do for yourself is look for a place with a decent crypto casino cashback bonus, or even better a Rakeback bonus. Luckily, you don’t have to look far, as we’ve taken it upon ourselves to recommend a few places that have excellent cashback bonuses, apart from having every other quality that you’d wish to see in a crypto casino.
Keep in mind that this bonus can be obtained through slots, as well as live dealer games. It wouldn’t hurt to check the terms and conditions of your chosen online casino to find out which range of games will qualify you for this bonus (As a service for our esteemed high rollers, we have taken the initiative to thoroughly review the terms and conditions of the casinos that we recommend. Rest assured that we have carefully extracted the most pertinent information that you need to be aware of, and have provided it for you below.)
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.
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. The exact terms and conditions of each cashback bonus 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.
There are three different types of the bitcoin cashback bonus that we usually see:
- The regular cashback bonus – this type is available to every player that has 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 – this one 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, as they can range 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 have to offer, as you will want to have the possibility of getting 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 to always keep responsible gambling in mind and never chase your losses.
A quick overview of the cashback bonus each crypto casino offers
BetFury – Get up to 25% back
Some of the biggest cashback payouts are available, as you can get up to 25% of your coins back. The most active users will get 25% back, while a newcomer will have to start with a 1% cashback bonus and work his/her way up. They also have some of the most frequent cashback bonuses around, as they are available twice a week.
HunnyPlay – Claim cashback twice a week
The casino allows you to claim your cashback twice a week with just one click, and you can get up to 28% of your coins back. However, do note that you have only one week to claim your crypto casino cashback bonus – otherwise, it will expire.
FortuneJack Casino – up to 10% adventure level cashback
FortuneJack offers a cashback bonus under their loyalty garage promotion. You can get up to 10% cashback by advancing through the levels – and this bonus is received monthly. It’s important to mention that this is only a part of their offer, so it’s a great idea to check out the accompanying benefits.
Bitcasino.io Casino – 20% cashback up to 10,000 USDT
As a new player, you get a chance to reap some significant benefits by creating an account with Bitcasino.io, as they offer a 20% cashback bonus of up to 10,000 USDT. To claim this bonus, you have to make a deposit in a currency of your choice, play games for 7 days straight, and then be rewarded with this bonus on the eighth day.
Wagmi – Daily reward and level up cash
Wagmi Casino offers 2 types of cashback as part of its loyalty program. With the Daily Cashback reward, you get a percentage of your losses back, which grows along with your level in the Loyalty Program. This is automatically transferred to your casino wallet once per day, allowing you to continue playing without worrying about losses. In addition, you can also enjoy some Level-Up Cash, which is free cash that’s automatically transferred into your wallet, with no wagering requirements. This gives you a little extra help to reach the next level and enjoy even more fun on the platform. Do note that this cashback starts from level 2, and to reach that you need to do minimum wagering of € 5,000.
Bets.io – Daily cashback of up to 20%
Bets.io cashback program rewards players for their deposits during the previous day. Cashback starts at 10% to a maximum limit of 20% of the total deposit amount. The cashback can be activated with a wagering requirement of x3. The validity of the cashback is for 3 days from the date of receipt and 7 days after its activation. While slots contribute 100% to bonus wagering, table games, live casino games, lottery, or other available games contribute 5%.
Roobet – Weekly cashback (loss back)
Roobet offers weekly cashback as part of its Roowards. Basically, players will get a part of their money back every time they lose (deposits minus withdrawals), and this is accumulated weekly. This particular Rooward is activated once the player has wagered $1,500. Then the player will keep leveling up to permanently increase the weekly cash bonus and boost the loss back percentage.
Fairspin – Limited time offer 5% and 10% cashback
Fairspin has just launched 2 lucrative limited-time offer cashback programs. The first one is valid from 2/27/2023 to 3/6/2023, players can enjoy a 5% cashback on their losses for the specified period without any wagering requirement. And the second, valid from 3/3/2023 to 3/10/2023, players can enjoy a higher cashback of 10% with 60x wager requirements. Depending on the promotion’s conditions, cashback is charged either as a bonus or as real funds, which are automatically added to the player’s game balance after they close their game session. To calculate cashback, Fairspin uses a formula based on the number of bets, winnings, bonuses received, and unsettled sports bets. Only settled sports bets are taken into account, and cashback is summed up if multiple promotions overlap.
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:
|Cashback Percentage||The cashback percentage is fixed and does not change based on the deposit amount.|
|Cashback Crediting||Cashback is credited daily at a fixed time.|
|Cashback Validity||Cashback has a validity period after receipt and activation.|
|Cashback Wagering||One casino requires a wagering requirement of x3, while the other casino does not have any wagering requirements.|
|Cashback Minimum Real Money Loss||The casino will not credit cashback if the real money loss for the previous day is below a certain amount.|
|Withdrawal Requirement||To 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 Abuse||Any 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 Contribution||Games 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 Amount||The total amount of withdrawals cannot exceed a certain percentage of the total amount of all player deposits.|
|Cashback Activation||Players can get and activate their cashback in the specified section.|
|Welcome Offer||One casino offers 3 cashback as their welcome offer, while the other casino does not have any expiration date for their welcome offer.|
|Restrictions||Cashback 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 Policy||All casinos have a zero-tolerance policy towards bonus abuse and bonus-related fraudulent activity on accounts.|
|Casino Rights||All 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
- 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
- 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)