The Cashback Bonus

Online Casino Cashback Bonus

The cashback bonus: a fist bump from your favourite online casino

Unlike the welcome bonus, which is intended to win your custom, the cashback bonus is more of a big Thank You For Playing Here! It also says, sorry that you didn’t win anything this time, but don’t give up. We love having you.

What is a cashback bonus?Cashback Casino Bonus

A cashback bonus is just that: it’s money you get back in your online casino account – or it might be credits for play. Online casinos usually award cashback when you have bet money and not won anything over a certain period, and your cashback usually comes as a percentage of what you’ve wagered.

Different online casinos do cashback offers differently, so you’ll need to find out about the casino you’re interested in. You can do this by looking on the Promotions page or the News page.

We’ve shared cashback details here for a handful of South Africa’s top online casinos, so that you can get a better idea of how cashback works and what some of our favourite online gambling establishments are offering.

When it comes to how online casinos work, each one is slightly different from the others, so you would do well to really get to know a casino before you decide to put down big money. You can do this by playing small amounts and by having a good look around the site. Good online casinos share important information about themselves before asking you to commit your hard-earned cash. Remember that if you can’t find what you’re looking for, you can always ask through the live chat or by calling them. As always, casinos we mention here are licensed, credible casinos who play fair.

PlayLive and Yeti – no wagering requirements on cashback

A typical characteristic of bonuses is that they come with wagering requirements, and the cashback bonus is no exception. Many online casinos in South Africa request that you wager (bet) a certain amount to qualify for claiming the bonus. Some of the casinos we list here include a wagering requirement in their cashback bonus, with the exception of PlayLive and Yeti casinos whose cashback bonuses stand out because there’s no wagering required.

#2 - PlayLive Casino

GAMES: 1000+

  • New Loyalty Rewards Program
  • 100% deposit up to R25 000
  • South Africa’s First Live Casino
  • Same Day Pay Outs
  • 10% Weekly Cashback
5/5
5/5

#1 Ranked Online Casino Site

#1 - Jackpot Casino

GAMES: 1000+

  • Brand new, innovative Online Casino
  • 100% no wagering casino
  • Happy Hour Promotions Daily
  • Same Day Pay Outs
  • Accepts Bitcoin
4.8/5
4.8/5

#3 - Yebo Casino

yebo new

GAMES: 180+

  • Launched in 2014
  • 180+ casino games
  • Offers Mobile Games
  • Players from South Africa accepted
4/5
4/5

#1 Ranked Online Casino Site

#1 - Jackpot Casino

GAMES: 1000+

  • Brand new, innovative Online Casino
  • 100% no wagering casino
  • Happy Hour Promotions Daily
  • Same Day Pay Outs
  • Accepts Bitcoin
4.8/5
4.8/5

#2 - PlayLive Casino

GAMES: 1000+

  • New Loyalty Rewards Program
  • 100% deposit up to R25 000
  • South Africa’s First Live Casino
  • Same Day Pay Outs
  • 10% Weekly Cashback
5/5
5/5

#3 - Yebo Casino

Online Yebo Casino

GAMES: 180+

  • Launched in 2014
  • 182+ casino games
  • Offers Mobile Games
  • Players from South Africa accepted
4/5
4/5

Common features of the cashback bonus

– It can be a weekly offer, applied on a special (cashback bonus) day. Some casinos apply cashback to only money you’ve spent that day, but others – like PlayLive – consider your entire weekly losses.
– The cashback amount is a percentage of how much you’ve played and lost
– You can’t claim cashback on amounts where you’ve used other bonuses or when you have pending withdrawals
– There’s often a maximum amount you can claim, and there may be a minimum amount you need to play to claim
– It doesn’t count if you win anything during the cashback promo time
– The online casino may stipulate a maximum account balance you can have to qualify for the cashback bonus

Online casino Cashback Bonuses

Cashback bonuses at some of South Africa’s top online casinos

Have a look at how some of South Africa’s top online casinos offer the cashback bonus, then you can decide for yourself which ones you’d like to play for.

PlayLive: no-wagering weekly cashback 10%
PlayLive refunds players 10% of their net losses over the previous week, with no wagering requirements.

How it works:
– No wagering requirements
– Cashback allocated every Monday at 10am
– Your account balance must be under R100
– You can’t have any pending withdrawals if you want to qualify for cashback
– You must have deposited at least R1000 in the previous week
– Maximum cashback: R5000
– Instant withdrawal allowed – no questions asked

15% cashback every day at Punt
Punt offers its punters 15% cashback on every deposit where they don’t claim other bonuses.

How it works:
– The bonus is added automatically to your account each morning, based on your deposits the previous day – no need to opt in
– Account balance must be below R10
– If you make a withdrawal, you don’t qualify for cashback the next day
– Unclaimed cashback expires in 7 days

Silver Sands Cash Back Monday
Every Monday at SilverSands, you can get 40% cashback on all deposits you make that day, as long as you deposit at least R1000.

How it works:
– You must deposit at least R1000
– Cashback is calculated on all deposits made between 00:01 and 23:59 on that Monday
– Request cashback by email before 11:59 on the Tuesday after to claim
– Minimum 10x wagering requirements (so, if your cashback bonus is R100, you must bet another R1000 before you can claim your cashback)
– You must have an account balance of R0 to claim your cashback

Springbok 25% cashback
Springbok gives you 25% cashback on every deposit where you don’t use a deposit bonus.

How it works:
– 10x wagering on slots, Keno, Bongo and scratch cards (other games have other wagering requirements) for the cashback bonus
– Maximum cashback amount: R3000
– Your account balance must be under R50 when you claim
– You can’t combine cashback with other bonuses

Yebo: 15% of your weekly losses back
Yebo’s cashback promotion refunds 15% of your losses each week, up to R5,000.

How it works:
– Yebo calculates your cashback based on the previous week’s losses, from 12:00 on Monday to 23:59 on Sunday
– The cashback is a non-cashable bonus – it can’t be withdrawn
– You can’t earn cashback if you have pending withdrawals of more than R200

Yeti: unlimited cashback Saturdays
Yeti’s unlimited cashback Saturdays award you 10% cashback on your Saturday bets.

How it works:
– No wagering requirements
– Minimum cashback is R100, so you need to bet and lose at least R1000
– No maximum limit on cashback
– Cashback is calculated on all your bets from 00:00 to 23:59 on Saturdays, provided that you don’t win
– Cashback is issued up to 48 hours after the end of the promo and has no expiry date

An informed gambler stays one step ahead and doesn’t have to experience unpleasant surprises that can really put a damper on a big win. Whichever online casino you choose, remember to always read the terms and conditions. Play smart. Stay informed. Have fun betting, and if you don’t win, there’s always cashback!

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