Cashback casino bonuses

With cashback bonuses, online casinos are doing everything possible to attract new signups and retain loyal players.

Cashback bonuses have become increasingly popular, and many players are taking advantage to play at a reduced risk.

At this page, we have selected for you only the top-rated casinos with cashback bonuses that are available in New Zealand.

And that is not all, also here you can find all the information about this type of bonus that you should know and tips on how to use it the best to your advantage.

Best cashback casinos

  • Royal Panda
    NZ$ 1000
    + 5% cashback bonus
    3000+ games
    Top up-bonus on every deposit
    Daily casino rewards
    18+ | Wager req: 35x | Play responsibly | Terms and Conditions Apply
  • Mr Play
    NZ$ 500
    + 200 free spins
    500+ games
    Various promotions & prizes
    18+ | Wager req: 35x | Play responsibly | Terms and Conditions Apply
  • Leo Vegas
    NZ$ 1000
    + 150 free spins
    2380+ games
    Massive win potential
    Spectacular selection of games
    18+ | Wager req: 35x | Play responsibly | Terms and Conditions Apply
  • PlayOjo
    80 spins
    no wager
    3000+ games
    Loyalty cashback
    OJO Wheel
    18+ | No wager req | Bonus is not valid if you deposit with Neteller or Skrill | Terms and Conditions Apply
  • Casino Lab
    NZ$ 1500
    + 300 free spins
    1300+ games
    Live casino bonus
    Extra VIP rewards
    18+ | Wager req: 40x Bonus valid on live casino games | Play responsibly | Terms and Conditions Apply
  • Hello casino
    NZ$ 100
    + 25 free spins
    2800+ games
    Customer support: 24/7
    VIP program for everyone
    18+ | Bonus wager req is 35x deposit + bonus | Terms and Conditions Apply
  • Woo casino
    NZ$ 300
    + 200 free spins
    2000+ games
    Customer support: 24/7
    Lightning-fast deposits and withdrawals
    Wager req: 40x | Terms and Conditions Apply
  • Casino Gods
    NZ$ 1500
    + 300 free spins
    1500+ games
    Customer support: 24/7
    VIP program with exclusive promotions
    18+ | Bnus wager req 40x Terms and Conditions Apply
  • Casumo
    NZ$ 1200
    + 20 no deposit spins
    2000+ games
    Customer support: 24/7
    Fast payout processing time
    18+ | Wager req: 30x | Play responsibly | Terms and Conditions Apply
  • Dunder
    NZ$ 600
    + 200 free spins
    1600+ games
    24/7 customer support
    Generous welcome bonuses
    18+ | Wager req: 25x | Play responsibly | Terms and Conditions Apply
  • Vegas Lounge
    50% cashback
    up to €400
    1000+ games
    Cashback rewards every day
    No wager requirements!
    18+ | Wager req 0x | Terms and Conditions Apply
  • Voodoo Dreams
    NZ$ 1600
    + 200 free spins
    1000+ games
    Customer Support: 24/7
    Casino Duels challenge
    18+ | Wager req: 40x | Play responsibly | Terms and Conditions Apply

Latest campaigns

What are casino cashback bonuses?

Playing at casinos online involves both winning and losing. Cashback casino bonuses are here to make sure that gamers don’t suffer total loss on futile bets. A cashback bonus, therefore, is a portion of the money (real or bonus money) that punters are paid back on losing bets.

Playing at a cashback bonus site is playing at a reduced risk. There is nothing to lose taking part in these promotions. Technically you’ve already wagered, and all you seek is a percentage refund on the amount lost.

There are monetary requirements except for special cashback offers to target a special group of players like the VIP, in which case players have to meet certain conditions for being signed up into the VIP club.

Reading through the terms and conditions section is recommended before you proceed to claim any cashback offer. Things such as eligibility, the kind of games contributing towards a bonus, and the capping of your offer are all outlined under the T & C’s section.

Best cashback casinos

  1. PlayOjo – Up to 30% cashback on all deposits
  2. RoyalPanda – Get 5% extra on every deposit!
  3. – 10% cashback every week
  4. Vegas Lounge – 50% cashback (no wager) + new cashback deal every day!

Payouts and cashback at casinos

How much is your cashback money?

How much you receive as a refund depends on the percentage offered by the casino. Percentage refunds are usually somewhere between 5% and 25% of a given stretch of losses.

These losses could be calculated on weekly, daily, monthly, or as otherwise provided by the casino.

Whether you’re eligible for a cashback bonus and the size of the cashback amount is illustrated in the three scenarios below:

  • You’re playing at a casino that offers 5% cashback, and you play through $100 on a designated game. $100 would be your net loss if you won nothing at the casino. You will receive 5% of the $100 wagered, so your account will read plus a $5 cashback bonus.
  •  You play at a casino that offers a 5% cash back bonus on the total loss at the end of the day. You wager at $200, and your day ends with $400 in your account. This means you’ve made a profit, so you don’t receive a dime in this cashback offer.
  •  You take up a 25% cashback offer to a maximum of $50, and you lose $300 on your bets. The max refund you’ll receive will peak at $50 because your losses have crossed a refund threshold.

Advantages of cashback casino bonuses

Why you should play at a casino with cashback offers has everything to do with the benefits you reap by claiming your bonus at online casinos in NZ.

Here is why cashback bonuses come in handy at casinos online;

  • You get free real or bonus money with no strings attached
  • You play at a reduced risk. Cashbacks are a hedging strategy against total loss
  • You slice off a piece of the casino’s house edge and sway the advantage your way

Cashback, free spins, and deposit bonuses explained

To start with, these are all bonus types. The difference, however, is the context in which these bonuses are offered. A cash bonus is a refund on betting losses over a specified period.

Deposit bonuses, on the other hand, are bonus offers specified as a match on a given deposit sum, while free spins bonus is a spin-at-no-cost session provided by casinos on a given slot.

In terms of wagering requirements, cashback bonuses come with a skinny layer of requirements, while deposit bonuses carry a lot more of those. Free spins are non-money bonus offers where punters stand a chance to make real money at a zero cost per spin.

Wagering requirements on cashback bonuses vary from one casino to another. Sometimes these requirements get as low as wagering the bonus credited only. However, other casinos may raise them to even 10 times, although the turnover requirements come much lower than those on deposit bonuses. 

Frequently asked question

What is a cashback bonus?

A cashback bonus is a refund that players receive on the betting losses incurred within a given time frame. The amount received is expressed as a percentage of the total losses up to a certain limit.

How do I claim my cashback bonus?

Most NZ casinos run cashback programs via promo codes. These codes are available at official casino sites, so you can grab some once you sign up.

How do I qualify for a cashback bonus?

Regular cashback offers do not carry burdensome requirements. Some are generally available once you’re signed in at the casino, while some may require you to put in an application to be considered. Special cashback offers that target a particular group of players, such as the VIP, have a set of requirements provided at the discretion of casino operators. Relevant provisions are often well laid out at the casino’s promo page.