Crypto Casino Cashback

Crypto casino cashback is one of our favourite deals, even though a massive percentage of players couldn’t care less about it. In this casino cashback guide, we’re going to explain exactly why you should care, how it all works, and how you can make sure you never miss out again.

What is Cashback?

Usurpingly, cashback is when you get cash back. But there’s a bit more to it than that, as the best crypto casinos will use cashback bonuses to pay you back whenever you lose.

You might have claimed cashback when you’ve been out shopping, but that’s completely different to casino cashback. At the tills, you’re just paying extra and getting some money off the cashier, like a human ATM machine.

But, with casino cashback, you’re actually getting back the money you’ve already spent.

Let’s say you receive a 10% cashback offer from a crypto casino. You deposit £100 and place it all on the blackjack table. After an hour, you walk away with £80.

In this example:

• Your total loss is £20
• 10% of £20 is £2
• You receive £2 cashback

That would bring your overall loss down from £20 to £18. It might not seem massive from a single session but, over time, it really adds up.

Casino cashback gives you extra value every single time you play slots or table games. It’s a win-win situation for both you and the casino:

• You receive money back from the casino, reducing your losses
• The casino only has to award cashback on losing sessions

How to Claim Casino Cashback

Each crypto casino handles its cashback system a little differently, but there are three usual routes to claim those extra earnings.

Here are the three ways to get cashback at crypto casinos:

1. Automatic cashback. Some crypto casinos will automatically calculate your losses and top up your account with the money owed. This is usually paid weekly, or sometimes monthly.
2. Opt-in cashback. At other casinos, you need to opt-in. You can usually do this from either the ‘Promotions’ page or, more often, from within your account. Make sure to double-check whether it’s a one-and-done opt in, or if you need to re-do it every week. That’s how they get ya.
3. VIP cashback. Sometimes, cashback will only become available once you climb the ranks as a VIP. Check out the loyalty section of a crypto casino and see if the cashback tiers are achievable or not.

How Does Cashback Wagering Work?

Because casino cashback is money that you’ve already wagered and lost, it often comes with no wagering requirements. After all, the casino is already in profit from that session.

If you have no-wagering cashback at a casino, you can withdraw it as real money right away.

But some casinos will still attach wagering to your cashback. If they do, it’ll likely be very low. As an example, welcome bonuses typically come with 30-60x wagering. Casino cashback tends to have 0-2x wagering attached.

If you do need to work through wagering requirements, it just means you’ll need to play with the cash before you can cash it out.

Let’s say you receive £5 cashback with 1x wagering. You simply need to bet £5. Anything that’s left – whether it’s more or less than £5 – is real cash that you can withdraw.

Wagering requirements often have minimum odds, so check the crypto casino cashback T&Cs before placing your bets.

Crypto Casino Cashback Pros and Cons

It’s really not easy to find many cons at all with crypto cashback, as you’re getting money for nothing. But, in the interest of being as impartial as possible, we’ve come up with some pros and cons for cashback at casinos.

Here are the benefits and drawbacks of casino cashback: