Cash Back Bonus
The best cash back bonus you can find on online casino websites is BK8
Best Cashback Casino Bonuses Online
-
Min. Deposit
MYR 50
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Max. Bonus
MYR 2,880
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Bonus
288%
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Welcome Bonus Up To
100%
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Maximum Bonus
MYR 588
-
Minimum Deposit
MYR 30
-
Bonus
100%
-
Maximum Bonus
MYR 500
-
Minimum Deposit
MYR 100
-
Bonus
100%
-
Max Bonus
MYR 1000
-
Minimum Deposit
MYR 100
-
Bonus
100%
-
Maximum Bonus
MYR 500
-
Minimum Deposit
MYR 100
-
Bonus
150%
-
Maximum Bonus
MYR 7,500
-
Min deposit
MYR 100
-
Bonus
100%
-
Max bonus
MYR 688
-
Minimum Deposit
MYR 50
-
Bonus
288%
-
Welcome Jackpot Bonus
MYR 2,880
-
Minimum Deposit
MYR 50
-
Bonus
100%
-
Max Bonus
MYR 200
-
Minimum Deposit
MYR 100
-
Bonus
288%
-
Maximum Bonus
MYR 2,880
-
Minimum deposit
MYR 30
-
Bonus
100%
-
Maximum Bonus
MYR 299
If you’re having a rough day at the casino games, a cashback bonus might be a good chance for you to get some of your money back. This bonus returns a percentage of the player’s losses in the form of bonus money. Not only does this reduce your potential losses, but it also gives you a second chance to win again.
Together with our team of experts, we bring you a thorough and comprehensive guide to the best of these popular casino bonuses, including how to get the bonus and how to make the most of it. In addition, we also check how these bonuses work as well as the security aspects of the online casino sites involved.
What is a Cash Back Bonus ?
A cashback bonus or also known as a cash rebate bonus or cashback bonus is an online casino bonus offering a glimmer of hope when luck is not on your side. This cash back bonus acts like a safety net for players.
In some casinos, this bonus is part of a form of welcome bonus given to new customers as a rebate for losses incurred by the customer during the game. The casino will give you funds calculated from the amount of games you play in a certain period, such as daily, weekly or monthly.
For example, a 10% cashback offer on Sundays. So, if you have a loss while playing on that day, it means that your loss will be replaced by the casino for 10% of your total bet, of course this kind of offer is very attractive for players in Malaysia, where Sunday is a weekend holiday so they are free to play and open up a chance to win the next game.
Cashback bonuses are growing in popularity, with many top online casinos having introduced their own version by adding this bonus to a number of casino games, including slots, live dealer games and more.
How To Get Bonus Cashback
A cashback bonus is a casino bonus available to new users who join the welcome bonus promotion as well as to existing players. For new users, this bonus is usually made as part of the welcome bonus, while for existing players, this bonus is specially intended for VIP users.
If you are a new user, the first step you need to do is register on the online casino site first. Once your registration is confirmed, you can check the terms and conditions to get the cashback bonus.
But you need to know, that to be eligible for cashback bonuses, players usually have to meet certain criteria set by online casinos. This may include making a deposit, wagering a certain amount, or meeting a certain loss threshold. Cashback is often automatically credited to the player’s account or claimed via a promotional code.
To get a cashback bonus for new users, follow the steps below.
- Visit an online casino website that offers a cashback bonus for signing up.
- Once your registration is confirmed, please make a deposit to your casino account.
- Check the terms and conditions to understand the specific requirements for the cashback bonus.
- Make sure you meet any wagering requirements
- Understand how to claim your bonus cashback, either automatically credited or via promo code.
How Cash Back Bonuses Work
Basically, a casino cashback bonus is a payment made by the casino to the player which is calculated as a percentage of the net loss in the bets made by the player during a certain period. These bonuses serve to encourage players to continue playing at the casino continuously. In addition, it also rewards player loyalty, and offers some consolation for losses incurred during the game.
So, even if you lose the game, this bonus allows you to get back some of your lost money. The most common cash rebate percentage is 10%, this amount is usually available for new customers, while for existing players or VIP players, the percentage can reach up to 20%.
You should know, that this bonus is calculated based on the daily or weekly losses experienced by the player, so it is not given immediately, usually the bonus will be given at 00.00 for the daily bonus, or every Monday for the weekly bonus, and so on. In addition, some casinos also give smaller rebate amounts as free spins instead of bonus funds.
While cash rebates can be a great way to recover some of your losses, it’s important to remember that they have limitations and conditions, including minimum qualifying deposits, maximum payouts, wagering requirements and time restrictions.
Cashback Bonus Valid Period
Cashback bonuses have different validity periods depending on the casino’s policy. Usually it has a validity period from one day to a week, or maybe up to a month.
For example, a casino offers 20% cashback with a wagering requirement of RM150 within 24 hours. This means, you are required to play with a bet of RM150 or more within 24 hours. Once this bonus period ends, you will receive RM30 (RM150 x 20% = RM30).
Therefore, you need to check the terms and conditions of this cashback bonus so that you do not miss any rules that may cause you to miss the opportunity to get and claim this cashback pay bonus. This is because, if you fail to comply with the specified conditions and rules, then you are not eligible to claim the bonus.
Are Cashback Bonuses Valid?
Cashback bonus promotions are indeed valid under the comprehensive guidelines set by recognized international gambling regulatory bodies. These rules ensure that all promotions, including cashback bonuses offered by casinos are transparent, fair and encourage responsible gambling.
Therefore, in choosing the best online casino that offers a cash rebate bonus, you also need to pay attention to safety factors, including the gambling license that the casino has must be a license issued by a leading regulatory body, such as the Malta Gaming Authority (MGA), Curacao Gaming , and others.
In addition, customer data protection systems must meet customer financial security standards, including SSL encryption technology measures and firewall protection.
But you should know, that some casinos may only give cash rebates to players who have a certain minimum or maximum balance. And it is normal if the cash rebate is also limited to certain limitations.
Types of Casino Cashback Offers
Cashback bonuses come in several different types and forms, although the rewards players receive are essentially the same. Here are some of the types of cashback bonuses you can find at online casino sites.
- Daily Cash Back : this bonus allows players to receive cash rebates for net losses incurred after playing within 24 hours. The more games played in a day, the higher the cashback received.
- Weekly Cashback : players must meet the specified conditions to be eligible for the weekly cashback bonus. After a week of playing in eligible games, a portion of the net losses incurred will be credited back to the player’s casino account.
- Monthly Cashback : this is a type of bonus that has a validity period of up to one month. Therefore, players who play regularly throughout the month will benefit more from the cashback bonus.
- VIP Cashback : is a type of bonus given to players once the player gets VIP status, they can qualify for a higher percentage of cashback. In some cases, this percentage reaches up to 35%.
Understanding VIP Cashback Bonuses
The VIP cash rebate bonus program is a cash rebate bonus given to high rollers or VIP players. Like bonuses for regular players, cashback bonuses for VIP members allow players to get a small percentage of their losses back but at a larger rate.
Some online casinos will combine their cashback promotions with loyalty programs for VIP players. Therefore, the percentage rate of VIP members is usually larger, reaching 35%.
In addition, players with VIP status allow them to enjoy fast access to winning bonus processing and other facilities not available to regular players. This is because, VIP players have a special place in online casinos that care about their customers. VIP players are entitled to special offers and a more entertaining gaming experience than other gamblers as a reward for their loyalty.
Advantages And Disadvantages
Cashback bonuses help you reduce losses and possibly extend your playing time at the casino. While these bonuses offer attractive rewards, they also have advantages and disadvantages that you may want to consider
Benefit :
- Reduces losses suffered by players
- Offers a second chance to win the game.
- Almost no wagering requirements.
- It’s easy to claim the bonus.
- Extend playing time.
Weakness :
- You have to lose before you win the bonus.
- Limited to certain games.
- Not widely available for most online casinos.
- Only a small percentage is reimbursed.
Conclusion
Cashback bonuses are becoming more popular in online gambling, mainly because they have less stringent terms and conditions. You only need to play within the specified time period and bet amount, then the casino will return part of your losses.
However, be sure to check the main terms so that you are fully aware of any terms and conditions. This is because, it is important to ensure that you always stay within the legal boundaries and allow players to enjoy cashback bonuses in a safe manner and with the highest standards of fairness and consumer protection.
Frequently Asked Questions
How can I get a cashback bonus?
To get a cashback bonus, you just need to register on the casino site and activate the available cashback bonus.
What is the average cashback percentage?
Usually 10 to 20% for regular casino players, while for VIP players or high rollers , it can reach up to 35%.
What is the difference between a welcome bonus and a cashback bonus?
A welcome bonus is an incentive offered by online casino sites to attract and reward new players upon registration and their initial deposit. While the cashback bonus, is a casino bonus that provides a refund based on the player’s activity, specifically their net loss during the game.
Do online casinos offer cashback?
Yes, almost all online casinos operating in Malaysia offer cashback bonuses.
Is the cashback bonus available immediately?
Generally, these bonuses are not available immediately, but over a specified period of time. Usually a day to a week, or maybe up to a month. Once the validity period ends, the bonus funds will be credited to the player’s casino account.
What does cashback mean in an online casino?
Cashback is a bonus offered by an online casino which is basically a rebate on losses incurred by the player. So, the losses you incur during the game will be credited back to your casino account.