- Cashback casino bonuses have become increasingly popular, appealing to both new and experienced gamblers. In fact, some Aussie online casinos are even replacing traditional welcome bonuses with weekly cashback offers.
- By understanding how cashback bonuses operate and how to make the most of them, you can enjoy a competitive edge from the moment you join an online casino.
- In this guide, we will cover the basics about before diving into the main benefits of cashback bonus deals and how they weigh up against other bonuses including tips and tricks on how to get the best out of your cashback bonus.
Overview Of The Best Aussie Online Casinos With Cashback
The best online casinos with cashback bonuses have landed. The below cashback casino sites welcome players from Australia. These bonuses are designed to earn you something back after you have lost the initial deposit. Check out the below online casinos to get started.
|Skycrown||💎 Best cashback website for claiming a welcome bonus package|
|ZotaBet||🔥 Best cashback gambling site for daily cashback of up to 20%|
|Neospin||🤑 Top-notch casino with jackpots and daily cashback|
|5 Gringos||🌟 Best casino for live casino cashback and casino cashback|
|BetiBet||🏆 All-comprehensive gambling site with up to 20% cashback|
Top 3 Cashback Casino Sites In Australia 2023
Find out more about our recommended online casinos with cashback for Aussie players, by reading our mini-casino reviews below. These reviews outline the main benefits and perks of each operator, giving you ample opportunity to get up close to these sites.
Skycrown: Best Casino For Welcome Bonuses And Cashback
- Skycrown Casino welcomes all new players with a generous welcome package worth $4,000 + 400 free spins.
- All crypto depositors can benefit from a 10% wager-free cashback deal every Thursday.
- Live casino fans can also enjoy a 1% rakeback with no wagering requirements attached.
- Skycrown runs a plethora of gaming options, including pokies, jackpots, live casino and RNG casino games.
- You have the option to join a number of pokie tournaments where numerous cash prizes can be won.
- It hosts dozens of prominent game providers, including NetEnt, Quickspin and NoLimit City.
Zotabet: Top Gambling Site For Daily Cashback
- Zotabet Casino rewards players with a 100% deposit bonus up to $10,000 + 100 free spins.
- All players can claim up to 20% daily cashback on each and every deposit.
- This is a mobile-friendly casino operator offering a downloadable mobile casino app.
- Zotabet Casino is a hybrid operator, accepting both fiat and cryptocurrencies.
- Amongst top game providers, there is Pragmatic Play, Spinomenal and Big Time Gaming.
- Besides pokies, it also hosts live casino games, instant-win games and RNG casino games.
- Zotabet Casino aims to process all withdrawal requests within hours.
Neospin: Daily Cashback Casino Site
- All new players can claim a welcome bonus package worth $10,000 + 100 free spins.
- Neospin Casino rewards all players with up to 20% daily cashback.
- As a hybrid casino operator, it accepts both fiat and digital currencies for deposits.
- It runs various pokie tournaments, including Drops & Wins.
- Besides a multitude of online pokies, there are several live casino games and jackpots.
- Neospin Casino is a fast withdrawal casino, processing withdrawal requests within hours
Comparing The Best Cashback Casinos For Real Money
If you are wondering how each of the recommended online casinos weighs up, we have compiled this comprehensive table that provides you with a good overview of the cashback amounts, payout percentages and limits in place.
|Casino||Cashback (Amount)||Most Popular Pokie||RTP||Limits||Welcome Bonus|
|Skycrown||10% up to $1,500||Buffalo Trail||95.05%||$1.5 – $1,500||Up to $4,000 + 400 free spins|
|Zotabet||Up to 20% Daily||Wolf Treasure||94.94%||$2.9 – Unlimited||Up to $10,000 + 100 free spins|
|Neospin||Up to 20% Daily||Elvis Frog Trueways||93.80%||$4.5 – Unlimited||Up to $10,000 + 100 free spins|
|5 Gringos||15% up to $4,500, |
25% in live casino up to $300
|Bandidos Cash||94.13%||$7.5 – $4,500|
$7.5 – $300
|Up to $4,000 + 150 free spins|
|BetiBet||Up to 20% Daily||Hit More Gold||93.98%||$2.9 – Unlimited||Up to $2,600 for Sports Betting|
What Is An Online Casino Cashback Bonus?
A cashback bonus is a promotional offer provided by online casinos where players receive a portion of their wagered funds. This type of bonus is designed to protect against total losses, ensuring that players still receive a percentage of their money back to continue playing even if a bet doesn’t result in a win.
Many Australian online casinos offer cashback bonuses as part of their promotional bonuses. Typically, the cashback amount is based on a percentage of the player’s deposit or net losses, ranging from 5% to 25%. The bonus funds are deposited into the player’s account, giving them the flexibility to decide how to spend the bonus. Sometimes this cashback bonus can also come free of any wagering requirements, which also means you can withdraw your funds.
For example, let’s consider you are taking advantage of a 10% cashback bonus of up to $200. If a player bets $200 and loses, they would receive $20 back as cashback.
It’s important to note that the cashback is typically applied within a specific time period, and each cashback bonus comes with its own terms and conditions. Additionally, there may be limits or restrictions on the cashback offers, which vary from one casino to another.
Players should always review the specific terms and conditions associated with cashback bonuses and be aware of any limitations or requirements before participating in such promotions.
How Does A Cashback Bonus Work?
To be eligible for cashback, you need to select an online casino that offers cashback bonuses. Sometimes a cashback bonus can come as a standalone bonus offer or as part of a loyalty scheme. It’s important to note that not all online casinos currently offer a cashback bonus. They are still available but less widely available than match deposit bonuses or free spins bonuses.
The main aim of a cashback bonus is straightforward. If a casino provides a 10% cashback offer, and you happen to lose, you will receive 10% of your net losses back. For example, if you place $20 real money bets on online pokies, then you receive $2 back from the casino.
Please keep in mind that the terms and conditions of cashback bonuses may vary from one casino to another. It’s essential to take the time to review and understand the requirements and limitations attached to each cashback offer before taking advantage.
The following table illustrates how a simple 10% cashback bonus can benefit you:
|Bet/Stake||Winnings||Loss||Cashback (Loss)||Cashback (Stake)|
What Are The Terms For A Cashback Bonus?
Cashback bonuses at any Australian online casino, are subject to terms and conditions. These terms are there to prevent bonus abuse and ensure fair play. While specific rules may vary between different online casinos, there are some common factors and considerations to take into account.
To qualify for a cashback bonus, players are typically required to make a deposit, with a minimum threshold set by the casino. Even small deposits are taken into account during the cashback calculation.
Some casinos may have specific wagering requirements, while others may not require players to roll over the bonus. These requirements are mainly designed to prevent money laundering but also to give casinos a layer of protection against bonus abusers.
Cashback bonuses often have a specified validity period. Daily cashback offers, for example, usually expire within 24 hours. It is important to spend or claim the bonus within the designated time frame to avoid missing out.
It’s important to note that cashback bonuses are typically based on real money losses. If a player ends up with a net profit, they will not receive the cashback. The bonus is designed to provide a cushion against losses and allow players to continue playing.
Important Factors To Note For Cashback Deals
While cashback bonuses may not have the most complex of terms and conditions, it is still wise to pay attention to the fine print to avoid any unnecessary disappointment down the line. All trustworthy and legit online casinos provide detailed information and point out the most significant terms beneath the cashback bonus.
Cashback Limits And Maximum Payout
The cashback percentage plays a significant role. In the majority of cases, cashback bonuses can range between 5% and 20%, though there are some online casinos that can give a higher cashback bonus. High cashback bonuses of 25% are not unheard of, especially if you are a VIP and are high up in the loyalty scheme.
Besides the percentage, you should also pay attention to the maximum cashback amount you can get. Most online casinos impose a limit on how much you can get back. For example, you may receive a 10% cashback up to $100. In this case, you cannot receive anything beyond this sum.
Any Potential Wagering Requirements
In some cases, cashback bonuses are not subject to wagering requirements. However, many cashback bonuses are. This means that the cashback bonuses cannot be cashed out.
The good news is that the rollover is usually quite low for cashback bonuses, and generally does not go beyond a 10x wagering requirement. Nevertheless, it is good to pay attention to such details. You can better evaluate the value of your cashback bonuses based on the rollover amount.
Eligible Games And Game Providers
The restrictions on the range of games for cashback bonuses can also vary between different operators. A common example is the live casino cashback bonus, which is exclusively applicable to games with live dealers. In this case, the cashback offer is limited to the live casino section and cannot be used on other game categories, such as online pokies.
Another possibility is the restriction of cashback to specific pokie machines or even a single slot game. This means that the cashback bonus can only be claimed for losses incurred while playing the designated pokies, and not for losses in other games.
Furthermore, some casinos may offer cashback bonuses that are tied to certain game manufacturers. This means that the cashback is applicable only to games developed by specific software providers.
Cashback Validity And Time Period
Cashback bonuses typically come with a specified time frame during which they are available. The duration of these bonuses can vary depending on the online casino and the specific promotion.
In some cases, cashback bonuses are offered for a limited period of time, such as daily or weekly. These time-limited offers may also require that you wait before you receive the cashback bonus. For example, if you claim a weekly cashback bonus, you may have to wait till the next week before you receive your bonus.
Additionally, it is common to find cashback bonuses that are exclusively reserved for players who have achieved a specific VIP status or level within a loyalty scheme. VIP players often enjoy special privileges, including ongoing cashback rewards that are available to them on a regular basis.
Other Criteria To Factor For Cashback Bonuses
When considering cashback bonuses, it is important to take into account other additional factors that may come into play. Don’t assume that all bonuses are created the same. There may be some factors that may stop you from getting a cashback bonus. Here are some key points to consider when examining the bonus conditions:
- What is the minimum bet required to be eligible for the cashback bonus?
- Can the cashback bonus be combined with other ongoing promotional bonus offers?
- Is the cashback bonus valid for all games or limited to a specific number of games and types?
- Are there any restrictions on the eligibility of cashback based on the player’s place of residence?
- Is there a minimum amount set for the cashback bonus?
How To Sign Up For A Casino And Claim Cashback
Claiming a cashback bonus requires very little work. In the majority of the cases, the cashback bonus is repaid automatically, once the terms and conditions are met. To be on the safe side, the below step-by-step guide has been created to help you claim a cashback bonus.
Step 1: Sign Up For An Account
Register for an account at your chosen cashback casino site. Fill out all requested information, including your full name, address, email, phone number and other particulars. Take also the time to read the casino’s terms and conditions and privacy policies.
Step 2: Make A Deposit And Claim The Welcome Bonus
Choose a payment method from the list of available banking methods. Fill out all requested information and input the amount you wish to deposit. If you are claiming a welcome bonus, make sure that you are making the minimum deposit to receive it.
Step 3: Login To Your Account
As soon as your deposit and bonus are credited to your account, you can proceed to log into your account (if you have been signed out) and play your favourite games. If you have your eyes on a cashback bonus, read the terms and conditions, so you can make sure you will receive this bonus
Step 4: Claim Your Cashback
As soon as you have met the terms and conditions, you should receive your cashback bonus. Bear in mind that your cashback bonus may not be paid right away. It may be paid out on specific days as stipulated by your chosen online casino.
Step 5: Play Your Games
You can spend your cashback bonus on any games of your liking. Whether they come with wagering requirements or not, you can either cash out your winnings or continue playing your preferred games.
How Can I Withdraw The Winnings From Cashback?
To cash out your winnings from your cashback bonus, you would first have to meet the terms. Some cashback bonuses come with no wagering requirements attached, which means you can cash out your winnings right away.
In the majority of cases, your cashback bonus comes with wagering requirements attached. You would have to wager your bonus a number of times as stipulated in the promotion’s terms before you can cash out. Keep in mind that wagering on specific games, such as high RTP pokies, live casino games and RNG card and table games may not be permitted.
If you are claiming a live cashback bonus, chances are you can only spend it on live casino games and so on. Some maximum betting limits may also apply. For example, you may only be allowed to make a maximum bet of $5. Anything more than this will not contribute towards the wagering requirements.
All of these terms play a pivotal role between you cashing out your cashback bonus or not. Once met, you can proceed to withdraw your winnings.
Advantages And Disadvantages Of Online Casino Cashback
When selecting an online casino that offers cashback bonuses, it’s important to weigh the pros and cons. Here are the benefits and drawbacks associated with cashback bonuses, so you can get a good overview of this bonus type:
- Very low to no wagering requirements are attached.
- You get the chance to play with more bonuses.
- Often the cashback bonus is available regularly.
- Bonuses can be exchanged for cash which can be cashed out.
- Can form part of a loyalty scheme, with cashback percentages increasing with each new level unlocked.
- Can be combined with other casino bonuses, such as deposit bonuses and free spins.
- Cashback bonuses may have limits.
- Some specific casino games may be exempt from this bonus.
Different Types Of Online Casino Cashback Bonuses
You will be pleased to learn that there are different types of cashback bonuses, all designed with bringing different perks and rewards. Some may be available to new players, while others may be exclusively available to players who have reached a specific VIP status. Here are some of the most widely available cashback bonuses available on the market.
New Player Cashback Deal
Cashback bonuses offer an alternative to the traditional deposit bonuses and free spins typically provided to new customers at online casinos. Some operators now attract new players with cashback offers, allowing them to choose between a classic deposit bonus or cashback.
Cashback bonuses are often favoured due to their lenient conditions when compared to deposit bonuses. This makes them more appealing to beginners and recreational players who may struggle to meet the high wagering requirements of deposit bonuses.
However, it’s still important to carefully review the bonus conditions. Some offers may provide a 100% cashback on the first deposit but usually come with slightly higher wagering requirements.
VIP Cashback Offers
Cashback offers primarily target existing players in online casinos. These promotions are typically time-limited and can span from a few hours to a month. High rollers and VIP players often enjoy higher cashback rates as a special reward. As players progress through VIP levels, the percentage of cashback increases accordingly.
At some online casinos, players are automatically enrolled in the VIP program based on their activity or the number of deposits, while others may require a separate registration process to join.
Instant cashback eliminates the delay and rewards you with your bonus directly after each game round. If you lose, the corresponding cashback bonus is instantly credited to the player’s casino account.
In contrast, other cashback offers typically have a weekly or monthly crediting schedule.
The advantage of instant cashback is that it eliminates waiting around for your cashback to be credited – you gain instant access to it. However, it’s important to note that instant cashback offers often only apply to specific individual games.
Live Casino Cashback
When it comes to playing live blackjack or live roulette in a live online casino, there are rarely any casino bonuses available for players to claim. A deposit bonus may only be available on online pokies rather than live dealer games.
With a Live Casino Cashback bonus, you have the benefit of receiving some funds back, even if you have lost it all. Since you can influence the results in live dealer games, the cashback amount is usually significantly lower. Live cashback bonuses generally hover around the 10% mark.
Sports betting cashback is a special promotion that offers a percentage of your losses back from a day of betting. This type of promotion is primarily targeted towards loyal betting customers.
As a bettor, you will be informed that you will receive a refund of 10-30% of your losses incurred on a specific day, which will be credited to your account the following day. This cashback offer serves as a consolation prize and provides you with extra funds to continue betting, giving a much-needed boost to your bankroll.
Difference Between Cashback And Classic Deposit Bonus
Deposit bonuses are a common sight at most online casinos in Australia. These bonuses allow players to enhance their gambling session by receiving extra funds based on the amount they deposit into their casino accounts. The top gambling sites always provide a match deposit bonus.
While deposit bonuses reward players based on the amount they deposit, cashback bonuses are based on the losses incurred during gameplay. Regardless of whether a player is winning or losing, a cashback bonus provides a percentage refund based on the losses experienced.
One advantage of cashback bonuses over deposit bonuses is the difference in wagering requirements. Deposit bonuses often come with high playthrough requirements, which may require players to wager the bonus amount a number of times before cashing out. In contrast, cashback bonuses generally have lower playthrough requirements, providing players with a more relaxed and quicker withdrawal process.
|Bonus condition||Available after losing your funds||Available when making the minimum deposit to claim it|
|Availability||Not widely available or only as part of a loyalty scheme||Widely available|
|Range of games||Subject to cashback bonus terms||Online pokies and some Table games|
|Live Casino use||Subject to bonus terms||Subject to bonus terms|
|Protection from losses||Yes||No|
|Biggest advantage||Low wagering requirements||Bankroll boost before you start playing|
|Biggest disadvantage||Provided only if you lose your deposit||Impossibly high wagering requirements|
Criteria For The Best Cashback
When evaluating cashback bonuses at online casinos, there are various factors that should help you determine which are the best ones. You should never only look at the cashback percentage, but look at the overall picture. If you love playing live casino games, it would be pointless to claim a cashback bonus that does not allow you to play these games.
Here are the most important factors to take into consideration.
- What Online Casino Games Are Eligible For The Cashback?
You should always check if there are any restrictions on the games eligible for cashback. Some promotions may only apply to specific online pokies or game categories, while others may cover a wider range of games. This factor is especially important if you have your heart set on playing a specific pokie or game type.
- Are The Bonus And The Wagering Requirements Fair?
Take the time to review the wagering requirements attached to your chosen cashback bonus offer. A lower wagering requirement means you can cash out your winnings sooner rather than later. Some cashback bonuses come with no wagering requirements whatsoever, allowing you to cash out your winnings right away. Anything higher than a 10x wagering requirement is too steep for a cashback bonus.
- Will The Cashback Be Credited In Full Or In Batches?
You should check the terms and conditions of your cashback bonus. In some cases, the cashback may be provided and credited all at once. This would also mean that your refund will be received in one single batch.
In other cases, the cashback may be credited back in batches or increments. This is not ideal especially since each batch is subject to wagering requirements, making it harder to meet.
- How Long Is The Cashback Valid For?
Like any casino bonus available on the market, the cashback bonus is subject to a validity period. The duration of the cashback validity is generally outlined in the bonus terms. You should make sure you are aware of this timeframe so you don’t risk losing it.
Most cashback bonuses have a short validity period of 24 hours or a few days. There are some cashback bonuses that have longer validity periods, which can range from a week to a month.
- How Much Can You Win From A Cashback?
Some cashback bonuses may have a low cap on winnings, while others may be higher. It is important that you seek this information before claiming a cashback bonus, especially if you are a high roller.
If you like to make big deposits, you don’t want to risk getting a low amount back. The specific limits, maximum amounts and any additional conditions are similarly outlined in the terms and conditions of the promotion.
- Is A Casino Bonus Code A Must For Activation?
Generally, there is no bonus code that needs to be applied to claim a cashback bonus, but that may also depend on the online gambling site you are claiming this bonus from. If you are claiming this cashback bonus as part of a loyalty scheme, it will be automatically credited to you.
- Is The Operator A Trusted And Legit Casino?
You should only sign up for an online casino site in Australia that is licensed and regulated by a reputable gambling authority. Bear in mind that you are supplying very sensitive information when signing up. Your personal, as well as your bank card details, could be compromised when signing up for a rogue casino.
Going for a legit online casino also ensures that you have a safe and secure online gambling session.
Why Do Casinos Offer Cashback?
Casinos offer cashback as a way to provide added value to their players and enhance their overall gaming experience.
They are a great way to reward and retain their loyal players. By offering a percentage of their losses back as cashback, casinos show appreciation to players and encourage them to continue playing on their platform. On the other hand, cashback bonuses serve as a form of insurance for players against potential losses. Knowing that they can receive a portion of their losses back provides a sense of security and encourages players to take more risks and try out different games.
Cashback promotions have become popular in the online gambling industry, and casinos use them as a way to stand out from the competition. By offering cashback, casinos can attract new players and differentiate themselves in a crowded market.
These bonuses and promotions are highly appreciated by players as they provide a benefit after a loss. They give players a second chance and a feeling of being compensated even when luck is not on their side. This, in turn, leads to increased customer satisfaction and positive experiences with the casino.
Many players see cashback bonuses as a win-win situation. Even though they have lost their deposit, they are still gaining something in return. It gives them added value and protection against losses. In turn, casinos gain player loyalty and engagement.
Do New Online Casinos Offer Cashback Deals?
Most new online casinos offer cashback bonuses as part of their marketing offering. They know all too well that in order to stand out from the competition, they need to create a myriad of incentives to get players to join their platform.
A way of doing this is by running cashback bonuses. They have even provided higher cashback percentages, extended cashback periods, as well as innovative variations of cashback bonuses. One such example is live casino cashback, which is an extremely rare bonus in this industry.
Top Tips For Playing With Cashback
When playing with a cashback bonus, you need to apply a few tips and tricks to help you extend your gambling session, whilst giving you the best possible chance of meeting the wagering requirements so you can cash out your winnings.
Here are our top tips for playing with cashback:
Read The Terms And Conditions
Every cashback bonus has its own set of terms and conditions, which vary. If you like playing online pokies or specific pokie games, you should make sure that you can play them when you are taking advantage of a cashback bonus. Failure to pay attention to the fine print can risk you blowing your bonus without making a dent in your playthrough requirements.
Optimise Your Gameplay
To make the most of your cashback bonuses, adjust your gameplay strategy. This includes throwing your focus on games with a higher payout percentage. If you have a small bankroll such as $10 to play with, playing highly volatile online pokies is not advisable as you can burn through it quickly.
Manage Your Bankroll
Proper bankroll management applies to any casino bonus including cashback. Set limits on your bets and avoid chasing after your losses. Stick to your bet sizes and don’t fall for any betting strategies. If you are not hitting a win after a few spins of an online pokie, it is okay to move on.
Choose Reliable And Trust Casinos
You should only play at licensed and regulated online casinos in Australia. This way you are sure that you are being provided with a fair gambling session. If you don’t, there is a high risk that the games are rigged and there is no way for you to ever meet the wagering requirements and cash out.
Cash Out Your Winnings
As soon as you meet the wagering requirements, cash out your winnings. Don’t risk falling into the trap of playing more games, in the hope you might win more. There is a high-risk factor that you could end up losing all your winnings. When you hit your target, cash out.
Best Online Casinos With Cashback 2023: Our Conclusion
Cashback bonuses can be an enticing incentive for Australian players, allowing you to gain something back after a loss.
In Australia, there are numerous cashback casinos. Understanding the requirements and limitations of each offer is essential to make the most of these bonuses. Additionally, be mindful of the validity period of the cashback offer to ensure you can take full advantage of it.
By exploring the recommended Aussie cashback sites on this page, you can discover the best cashback bonus deals available and start getting something back even when you are losing – always a good deal in our books!
FAQs: Best Cashback Online Casinos Australia 2023
That would depend on the cashback bonus you are claiming. Some casinos may allow you to use your cashback on progressive jackpot pokies, while others don’t. Refer to the terms and conditions to get a good idea of what you can spend your cashback on.
Yes. If you are claiming a wager-free cashback bonus, you can cash it out. If it comes with wagering requirements, you will have to meet the playthroughs, before you can withdraw your winnings.
Cashback bonuses are designed to provide you with a portion of your losses back as a bonus, allowing you to continue playing and potentially win with those funds. If you are able to meet any wagering requirements associated with the cashback bonus, you can use the bonus funds to play games and have the chance to win real money.
The amount of cashback you can get varies depending on the specific cashback offer and the online casino you’re playing at. Cashback percentages typically range from 5% to 25%, but some promotions may offer higher percentages. The actual amount you receive as cashback will depend on your losses during a specific period of time and the cashback percentage associated with the offer.
Yes. Generally, there is nothing stopping you from claiming a welcome bonus and a cashback bonus. Of course, there are some casinos that offer a cashback bonus as a welcome bonus offer. In this case, you only receive your cashback as the welcome bonus offer.