Crypto cashback bonus is apparently one of the most irresistible bonuses for its generosity and ease of claiming. Well precisely, this 2024, cashback bonusesā charm remains captivating; thatās why our team of casino experts is here to provide you with all the information you need about this reward.
We will briefly discuss the distinguishable bonus types and promotions BTC gamblers can take advantage of. Once you decide which one feels best, you can proceed with the next steps: opening an account if required and putting some money into it. But for now, letās focus on the known BTC cashback casino bonus types
Top 3 Crypto Casinos with BTC Cashback Crypto Bonuses
Weāve examined all the crypto casinos offering cashback to make things easier for you. From them, weāve selected three that possibly offer the best cashback offers. Read more about these three top cashback bonus casinos below:
Vave Casino
Our first on the list is the pride of Tech Options Group B.V. ā Vave.com. Even if Vave is only new to the gambling world, we think it deserves the title of being the best choice for crypto cashback bonuses because of its proven record of excellence since 2022.
For our team, Vave.com is a promising site; it has exciting crypto, huge gaming offers to casinos, live casinos, sports betting, and more. Moreover, weāve checked its legality, and itās 100% confirmed: it has a license from the Curacao Government. Lastly, we noticed their tons of rewards like free cashback, free spins, and a VIP program, among others.
- Wide variety of games of over 6000+ titles
- Generous bonuses
- User-friendly interface
- Fast and secure payments
- Not available in major countries like the UK and US
- Does not support all cryptocurrencies
- Table games are hard to locate on the website
Bets.io Casino
Bets.io is a great crypto-gambling site that has a huge selection of games and a plethora of rich bonuses. These include cashbacks that can return a sum from your net losses. Bets.io caters to its players by ensuring such bonuses are present and allowing players to play for longer and take fewer losses over time! Considering the range of bonuses, game selection, mobile compatibility, and features, we rank Bets.io as the second casino that offers the best cashback offers.
- Generous welcome bonus for new players and lots of other bonuses for existing players
- Wide variety of games from 50+ providers
- Competitive odds and huge betting markets
- English is the only language available
- Restricted in major countries like the UK, US, France, and the Netherlands
- Does not support all cryptocurrencies
BC.Game Casino
The last candidate for the best crypto cashback award goes to another Curacao-licensed casino, BC.Game. We awarded this platform the top 3 rank because itās been providing satisfaction and entertainment since 2017, which really set its name on stone.
BC.Game is the official partner of the Argentine Football Association and Cloud9. It has a massive selection available such as casino, sports, racing, and updown. The top-rated games are Rock Vegas, Fortune of Giza, Hot Fiesta, Wild West Gold, Celocatra, and Toshi Club Video.
- Generous Free Bets Bonuses
- Wide Variety of Games
- User-Friendly Interface
- Limited Information on Licensing
- Wagering Requirements
What is a Crypto Cashback Bonus?
A cashback bonus is a casino term that refers to any amount received by players as a percentage of their losses or funds wagered; itās popular among enthusiasts because this kind of bonus serves as a safety net or insurance for players, giving them another chance to play again and win the jackpot.
Now, do you wonder how do cashback bonuses work?Ā To give you an idea of how this whole crypto cashback thing works in a casino setup, our team researched thoroughly the process behind cashback bonuses. Here is everything you need to know this 2024, on how cashback bonuses work:
Percentage-Based Rewards:Ā To fully comprehend cashback, the first key point weād emphasize is the percentage-based rewards. Basically, you earn a cashback percentage from your net losses, and the most common range of cashback from crypto casinos is from 5% to 20% or more.
Calculation of Net Losses:Ā The second key point weād like to elaborate on is how net losses are calculated. The formula is: Net Losses = Amount of Money Earned (on a specific period) ā Amount of Bonuses Earned
Example: Wager $500 ā Wins $300 = Net Loss $200
Issuance of Cashback:Ā The third point is the issuance of cashback. We observed that most casinos have a time frame in calculating cashback ā then theyād release that on the playerās account either as a bonus fund or withdrawable cash.
Usage and Redemption:Ā For players, this is their favorite part! To use or redeem the cashback, players just need to continuously play casino games or simply withdraw the cashback. Note that this still depends on casino policies.
Standard vs. Cashback Crypto Bonuses
Online casinos offer different types of rewards, such as standard cashback bonuses and cashback crypto promos, which differ not only by the casino but also by their essence and rewards. The main difference is in the sum you get awarded back, the wagering terms, and the flexibility of the bonus in terms of games, limitations, and so on. Below, youāll see a table where we compare both the standard and the crypto cashback and elect a winner.
Feature | Standard Bonus | Cashback Crypto Bonus | Winner |
---|---|---|---|
Reward Type | Deposit matches, free spins, free bets | Percentage of losses returned | Depends on preference |
Wagering Requirements | Often required | Typically none or low | Cashback Crypto Bonus |
Risk Level | Higher (due to wagering conditions) | Lower (direct refund of losses) | Cashback Crypto Bonus |
Player Suitability | Suitable for players seeking bigger initial bonuses | Suitable for players seeking steady value | Depends on preference |
Flexibility | Less flexible; bonus tied to wagering | More flexible; immediate use of funds | Cashback Crypto Bonus |
Types of Cashback Bitcoin Bonuses
An interesting fact about the cashback bonus that weād love to share with you is that it has multiple types, which suit a variety of playersā needs. Here are the nine types of crypto cashback bonuses awaiting your claim:
Monthly Cashback Bonus
From the word itself, monthly cashback bonuses work in a āmonth-timeā duration, meaning the scope of checking for a playerās losses is over the course of one month. These can be part of a VIP program bonus or a long-term event that awards cashback at its finale (for example).
Cashback on All Loses
Cashback on all loss bonuses provides players with a percentage of their total losses incurred during a specified period, regardless of the games played. Itās an offer that usually awards you a total percentage of your net loss over the course of time. Itās not indefinite and usually comes with limitations as to how much your cashback can be and wagering terms.
Cashback on Specific Games
Cashback on specific games is a type of bonus that earns rewards by playing a certain game, such as the playerās favorite games (in some cases). Most often, this type of cashback is part of an event or promotion that grants players the chance to return some of their losses while having fun in popular online crypto casino slots.
Cashback on Deposits
Cashback on deposits bonuses are prizes on deposits. It can be a single or recurring promotion. Basically, it requires the gambler to bankroll a specific sum, and once they do so, theyāre able to get a cashback for a duration of time. For example, that can be 20% on all crypto slots. Itās a great promo that makes sure you do not lose all your deposited funds in a single day when you have a stroke of bad luck.
Live Casino Cashback Offers
Lastly, live casino cashback offers are for live dealer games. Players can get cashback for their losses during live dealer games. Itās a rare bonus but its very popular among players, mainly because it allows them to play in live dealer games with other gamblers and eventually take smaller losses by gettingg a cashback.
How to Choose the Best Bitcoin Cashback Offer
Choosing the right cashback crypto bonus casino significantly improves your gameplay and rewards. Hereās a quick guide in selecting your platform:
- Research Reputable Casinos:Ā The first step is to take your time and be diligent in doing your research. Reputation is crucial, so we advise that you only consider platforms with clear and transparent terms and conditions; casinos with proven track records; and legit crypto sites with positive reviews.
- Compare Cashback Percentages: The second step after you choose potential platforms is to check and do a comparison for their cashback percentage. As a new player, we recommend that you pick the one with the most generous offer.
- Check for No Wagering Requirements:Ā The third pro tip that we have is to check for the āno or low wagering requirements.ā By doing so, you can withdraw your rewards immediately; without the need to wage high or meet another playthrough requirement.
- Consider Game Selection:Ā The fourth tip we have impacts players who love variety and enjoyment. Our pro tip is to pick a casino platform that offers a diverse game selection from quality providers. This is to ensure that youāll get a lot of cashback rewards options from the games.
- Review Terms and Conditions: The fifth piece of advice we want to impart to you is to always review terms and conditions. We know that it may be a cliche, but this tip is still golden. By reading and reviewing the terms and conditions, you can avoid any shady terms and catch relevant details that have a huge impact like eligibility, calculation period, and max cashback limits.
- Consider Accepted Payment Options: The last aspect you should consider is the payment options. We advise that you check all the available payment methods for your convenience, so you wonāt be limited to one option only (cryptocurrencies, e-wallets, credit/debit cards, bank transfers, etc.). Then, examine which of these can be used to claim the cashback bonus. Furthermore, you should also check the transaction speed and choose the platforms with appropriate processing times.
Claim a Cashback Bonus: Easy Steps
In case you already have some crypto cash back waiting for encashment, and you donāt know how to claim it yet ā we are here to guide you! Hereās a quick overview of the claiming process for crypto bonuses. These are general instructions, so whatever your chosen platform is, itās applicable.
- Choose a Reputable Crypto Casino
- Sign Up and Verify Your Account
- Deposit Funds into Your Account
- Check for Cashback Bonus Eligibility
- Start Playing Your Favorite Games
- Claim Your Cashback Bonus
- Use Your Cashback Rewards
Cashback Bonus Terms & Conditions
In order for you to become really well-versed in the cryptocurrency cashback language, you need to learn the jargon ā or the commonly used words. Here are the 9 commonly used terms in cashback crypto bonuses:
Eligible Games
This term refers to the specific game or game categories applicable for cashback. Often, cashback bonuses are limited to a few particular games or a selection of such. It can work only for slots, table, or live dealer games or for a specific provider only. You must carefully read the terms and use the cashback funds only on the allowed games!
Cashback Percentage
Cashback percentage refers to the amount of cashback in percentage a player shall receive after their net losses. Itās usually stated in the promotion banner or terms. It tends to be a net percentage of your total losses.
Calculation Period
Calculation period is the timeframe, usually daily, weekly, or monthly, used for assessing a playerās losses and cashback eligibility. Some offer work only for a day, others take a week, and some take a month or more. Itās based on the type of cashback, and itās a must-know in order to have an idea of which losses will be counted towards the cashback bonus and which will not.
Minimum and Maximum Losses Requirement
The minimum number of losses is the threshold for qualifying for a cashback. If you lose a sum smaller than the one noted in the bonus terms, you may not qualify for the cashback. The same goes if you lose more than the bonus can cash you back. This is why itās crucial to read and understand these thresholds.
Expiration Date
The expiration date is the time frame limitation for when unclaimed rewards would be forfeited. As weāve said, there are cashback promos that are active for a day, week, month, or whole year around. The key here, however, is that these promos, while active, once claimed, can be used only during a specific timeframe. Hence, you must know their expiration date once you activate the offer and complete all bonus terms before it ends! If you do not do so, you risk losing the cashback bonus.
Crypto Games with Cashback Bonuses
Cashbacks are possibly one of the best ways to lower your potential losses in any crypto casino. They can be used on a wide range of games (virtually every title within the casino), which is also why theyāre so popular. To give you a better idea of what you can use, weāve prepared a few examples:
- Online Slots: Starburst, Book of Dead, Gonzoās Quest.
- Table Games: Blackjack Surrender, European Roulette, Baccarat Pro.
- Live Dealers: Lightning Roulette, Crazy Time, Live Blackjack.
Summary
To summarize, we learned about the cashback bonuses available in crypto casinos this 2024. Vave.com stands out as the top provider with the best cashback crypto promotion on its initial deposit. We learned the technical jargons in the world of cashback bonuses, its limitations, as well as its variety.
We also learned how to distinguish a reputable crypto casino platform offering the best cashback percentage, as well as some other pro tips to maximize our gameplay. Always do the basics: read the terms and conditions, check all the eligible payment methods, cash back percentage, and losses needed to participate in a Bitcoin casino platformās cashback promo. Happy gambling!
Key Takeaways:
- Crypto cashback bonuses are possibly the best way to recover some of your gambling losses.
- These bonuses have strict limitations on how much you can cash out.
- Cashback promos are often limited to a category of games rather than a specific title.