Cashback Bonus Casinos NZ 2023 | Get Cash Back Bonuses NZ
In terms of popularity, the cashback casino bonuses appear to be on the rise. Instead of a welcome bonus, a lot of online casinos that are newly established have chosen to provide a weekly cashback offer.
Though a welcome package bonus appears enticing and will leave you some cash bonus from the start, in the long run, a cashback bonus can make you more money. Recreational gamblers and low rollers can still make quite a lot of money in bonuses, even though high rollers are the more profitable ones. If you want to get in on these juicy bonuses, check out our complete list below.
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New online casinos enter the gambling industry frequently, and with this comes stiff competition. Casinos offer bonuses to lure players in and retain them from jumping ship. In recent years one of the most popular forms of player retention was through casino cashback bonuses. These casino bonuses offer players a percentage of cashback in the case of a loss at the casino site.
Here at Casino Martini, we understand the importance of casino rewards long after the welcome bonus has been enjoyed. That’s why we have gathered our data and comprised a list of the best online casinos in New Zealand offering cashback bonuses. These offers are often hidden within an online casino and overshadowed by the glaring welcome bonus amount.
Join us here as we dive into this comprehensive guide of cashback casinos.
What is a Cashback Bonus?
As the name suggests, cashback bonuses are a bonus in which an online casino offers a percentage of cashback to a player in the event of a loss at the casino. Like cashback deals used within various other industries, customers receive a set amount back in return for completing a purchase or securing a deposit.
These deposit bonuses are ideal for all existing players who regularly wager at online casinos. They can be found within weekly promotions, offered to VIP players and high rollers and even attached to some welcome bonus offers.
Cashback offers have become favourable to all registered users as they are promoted frequently at the top new online casinos. Players can avail themselves of weekly casino cashback bonus offers to boost their bankrolls through the working week.
The functionality of cashback casino bonuses is straightforward. Let’s take a quick example to break down this beneficial offer.
If an online casino offers a weekly cashback bonus of 20% for all its users and you make a deposit of $100. If you succumb to a loss, the casino will refund you 20% of your initial deposit amount. Leaving you with $20 to wager at your leisure.
Wager Free Cashback Bonuses?
Although the casino provides you with a cash bonus in return, these bonus funds, more often than not, do not need to be wagered through the casino before a withdrawal can be processed.
To determine whether your new bonus amount has to adhere to a set of wagering requirements, read through the casino cashback terms and conditions.
How to Claim a Cashback Bonus
Once you are a registered member at an online casino claiming casino promotions is effortless. Cashback bonuses can be found within the bonus section at an online casino and obtained by completing a deposit to the site.
Casino operators will offer a cashback percentage which will be refunded at the end of your gaming session if you experience a loss at the casino. The cashback promotion can also be collected within VIP programs and are ideal for high rollers allowing them to wager with a little more risk than usual.
Suppose the casino offers a casino cashback bonus associated with a certain payment method. This is solely for players using the form of banking option. For instance, if a gambling site offers a casino cashback of 20% for a Neteller deposit. Neteller must be used in order to receive the cashback bonus as a refund to potential losses.
Cashback casino bonus offers can be tedious to find for many new casino players. They are hidden within the ongoing promotions and VIP clubs for loyal customers to enjoy. If you need some assistance to uncover the best casinos with lucrative cashback offers, our team at Casino Martini has got you covered. But don’t forget that gambling can become an addiction. If you think you need support, please contact your local Gamblers Anonymous.
Best Online Casinos with Cashback Casino Bonuses in New Zealand 2023 – Our Picks
Every casino player started by registering an account and wagering on their favourite casino games. Cashback casinos have made this process easy, allowing players to commence their gambling journey in no time. If you are eager, we have listed our preferred online casinos with inviting cashback casino bonus offers to kick off your day with some big bonus cash!
Lucky Days Casino
It is your lucky day if you are searching for a rewarding casino in New Zealand. Lucky Days Casino offers a variety of casino bonuses for its loyal member. These include cashback offers, deposit bonuses, free spins and much more. Bonus funds can be enjoyed on a huge variety of games from live dealer games, table games, and sots from big names such as Betsoft and Microgaming.
Established in 2019, this fruit-themed casino ensures every new punter is satisfied with 7 different welcome bonuses to choose from. The welcome packages ensure that even the pickiest of gamblers will be satisfied at this new online casino site. On arrival, new players can claim a cashback live casino bonus of 15% upon first deposit. Alternatively, players can receive a Raspberry 10% cashback on up to $200 with a qualifying min deposit of $75.
Vegaz Casino offers its loyal users a cashback points scheme. Every time you experience a loss at the casino, you collect points, which can then be exchanged into huge cash bonuses. Apart from its many bonuses, Vegaz Casino has an abundance of casino games from the likes of Evolution Gaming, Pragmatic Play, and 1×2 Gaming.
Pros & Cons of Claiming a Cashback Offer
Weighing up the pros and cons of any casino bonus offer can help determine if the bonus is right for you. At Casino Martini, we have reviewed all cashback bonuses in New Zealand to ensure our readers receive the most out of the deposit. Whether you are claiming bonus cash or free spins in the event of potential losses, there will be plenty of additional benefits that come with this.
Take into account the following factors while obtaining your next cashback offer.
Pros Regarding Cashback Casino Bonus
There is a variety of advantages to claiming a cashback bonus. Apart from the obvious reasoning of players receiving bonus money in return for losses, there are other benefits to a cashback promotion as follows.
Rewards Loyalty – Existing players can reap the rewards of casino bonuses dedicated to obtaining their loyalty to a brand. Casinos offer cashback bonuses to ensure their existing member are taken care of long after the welcome bonus has come and gone.
Gaining off your losses – Even when you lose, you win some cash back! Players can wager a bit more risk-free, knowing they will receive a percentage of their deposit back if they lose.
No wagering requirements – Compared to free spins no deposit bonuses, and max bonus amounts offered within welcome bonuses, cashback offers have no wagering requirements attached to most bonus offers. This allows players to keep and cash out the cashback they received.
Easy to claim – Lastly, you don’t need to go through the process to register an account to claim a cashback bonus. Simply secure a deposit, and you are good to go!
This abundance of benefits can be found at all online casinos offering cashback bonuses. Don’t forget to read through the terms and conditions to ensure you understand the time limits associated with the bonus to maximise the bonus potential.
Cons Regarding Cashback Bonus
Although the pros outweigh the cons while claiming a cashback bonus, a few negatives are associated with claiming these offers. Analyse these points within your next casino bonus before committing to a deposit.
Cashback limit – There is usually a maximum bonus amount which limits the amount of cashback a player will receive. If the maximum limit is $200 and you deposit $500, you will only receive the cashback on the max bonus deposit amount.
Allocated to specific games – The casino may limit the number of games allocated to the bonus offer. This can lead to the casino having a competitive edge only allowing high variance slots to be played. Check out the casino games with terms and conditions to ensure that they are fair and to your liking.
Lose your bankroll before receiving cashback – Be careful not to withdraw the initial deposit related to your bonus. Some casino will termite the bonus if you do not follow through with losing your amount deposited. For example, if you deposit $200, lose $100 and withdraw $100, the casino may cancel the offer as you did not lose the full amount.
Terms & Conditions – What to Expect
Every casino promotion has a set of rules that must be adhered to while claiming the given bonus offer. While casino cashbacks do not come with a wagering requirement attached, other factors must still be considered. Here are the key points to check within the terms and conditions of a cashback bonus.
- Percentage amount.
- Max and Min deposit to qualify for the deposit bonus.
- Allocated slots or table games.
- Bonus time limit.
- Check the Payment methods available for the bonus.
Ensure that you are comfortable with the associated Ts and Cs before securing your deposit. The percentage will differ between casinos and even increases as players climb the loyalty ladder at an online casino.
Frequently Asked Questions
Are casinos safe offering a cashback bonus?
Our expert team has strictly reviewed all casinos that we promote here at Casino Martini for both player trustworthiness and legitimacy. Check out the many casinos within our top list to start gambling with peace of mind today. Always gamble responsibly.
Will I get by cashback funds instantly?
Yes, once you have experienced a loss of the deposited amount, you will be credited with the percentage of cashback immediately into your account.
How do I claim a casino cashback bonus?
Claiming a cashback bonus is quick and easy! Players need to head over to the cashier section on their casino account and complete a deposit to activate the bonus.
Do cashback bonuses have wagering requirements?
The majority of cashback bonuses do not come with a wagering requirement figure attached. This ensures the refunded money is yours to wager or cash out as you please.