Best Casino Cashback & Rakeback Bonuses for 2024

Cashback and Rakeback Examples

To better illustrate how cashback and rakeback bonuses work, let’s look at a couple of examples so you can get an idea what to expect.

Example 1: cashback promotion

An online casino offers 10-20% weekly cashback on slots and other games. This means you can come back every week and get some of your money back if you lose. The amount you get back may differ from week to week but will in this case always be between 10-20% as long as the promotion runs.

Example 2: rakeback promotion

A casino offers 15% instant rakeback for the first 7 days upon signup. In this example, you’ll automatically get 15% rakeback for the first week after signing up to the site. As long as the terms and conditions don’t state otherwise, you can alleviate losses from all casino games with your bonus.

How to Claim a Cashback or Rakeback Bonus

Luckily, most casino operators realize that serious players will go to the site that offers the most valuable welcome bonus. They compete by simply offering more lucrative cashback and rakeback bonuses. While it can be hard to find sites that offer bonuses in the upper ranges, claiming a bonus that gives 10-40% back is not impossible. Here’s how to do it:

• Click on an offer in my list of the current best cashback and rakeback offers.
• Register to the site offering the promotion and read the T & C’s.
• Deposit the required amount and input a cashback or rakeback bonus code if prompted.
• Done! Your bonus should be applied to your player account immediately.

Just make sure to not skip step 2 so you’ll understand which games you can earn cashback from, as sometimes, bonuses are tied to a specific title or set of games.

The value of Cashback and Rakeback

Understanding the value of cashback and rakeback is one of the key differences between novice and expert players. Often times, the bets you make as a beginner or intermediate player will exceed your winnings for a particular month. So, you can appreciate that getting some of that money back as part of a bonus deal can be very valuable.

There are no fees associated with cashback and rakeback except for a potential deposit requirement, so you really don’t have anything to lose. That being said, you get more value from these bonuses the more you play. Sometimes online casinos will offer better cashback and rakeback bonuses to players who frequently bet big amounts of cash.