Cashback Bonuses for Players from New Zealand- All the Best Offers in One Place!

Let’s face it- no player likes it when losing streaks occur, but sometimes, they are simply inevitable. No matter how deep our knowledge of online casino games is and how sharp our skills are, non-winning periods simply cannot be avoided.

While the money lost is gone forever, casinos have found an excellent way to mitigate it and help players restore at least a portion of the funds invested. Popular not only among players from New Zealand, but consumers worldwide, cashback bonuses do exactly what the label says- enable consumers to return a certain percentage of their losses.

Sometimes automatically granted to all depositing players, sometimes unlocked on specific loyalty levels or only on selected games, cashback usually ranges between 5% and 20%. Players who make substantial deposits can occasionally be awarded with an even higher boost.

Now, when it comes to the status of gambling in New Zealand, at the time being the iGaming sector operates in some sort of gray area. There are no locally licensed operators, so consumers interested in gambling on the Internet should look for offshore casinos that accept players from New Zealand.

As a result, quite a solid number of foreign platforms are focused on this market, offering players the opportunity to explore versatile games and claim all kinds of bonuses and promotions. Yet, the fact that offers are abundant doesn’t mean that consumers should all go crazy, and claim them just like that, before checking some important details.

Learning more about different types of cashback offers for New Zealanders, and the advantages and disadvantages of this type of casino bonus are just some of the topics addressed in our insightful guide so keep reading to boost your knowledge!

Getting to Know Numerous Types of Cashback Bonuses

As mentioned in the introductory paragraph, cashback bonuses represent a type of casino incentive in which a player receives a percentage of their losses generated over a specific period. The losses vary in percentage, which can often be affected by a player’s individual loyalty status.

One significant detail that makes this offer stand out above other incentives is that no additional deposit is needed to trigger it. Players simply make a deposit, as they would normally do, play games and for all losses which occurred along the way, receive a certain percentage back.

While cashback on losses is the most commonly offered type of incentive, don’t be surprised if you encounter cashback on wins and/ or wagers. That’s right, some casinos take everything into account and credit a part of the funds back to player’s account.

Also, varying from one casino to another, cashback can be calculated on losses that took place during 24 hours, but it may also encompass 7 days or even a month. Not so common but still existent is the bi-weekly cashback, which means that players are credited a part of their losses back after two weeks/ 14 days.

Other types of cashback bonuses in casinos that operate in NZ include:

• Temporary vs. permanent

More and more casinos arrange cashback deals to be permanent offers, incentivizing players to return and become loyal clients. On the other hand, sometimes cashback can be limited to an ongoing campaign, which can be connected with certain holidays, seasons of the year, themed games, etc.

• Casino games VS sportsbook

As a growing number of online casinos tend to include sportsbooks in their lobby, it’s only natural that they also add cashback offers for players who prefer this genre. Sometimes, deals are aimed at all players, sometimes they differ based on the genre selected. In addition to this, offers may be classified by the provider as well.

• High rollers

The percentage of money returned can grow with each new loyalty status, so the consumers who’ve reached the highest tiers can qualify to receive up to 25% or even more.

Finally, we’d also like to mention that cashback can differ based on the method selected. Some casinos have special campaigns for players who opt for cryptocurrencies. Also, certain payment methods can be excluded from taking part in any promotional campaigns.

How to Claim Cashback in NZ Casinos

Calculating a cashback percentage is quite simple. Here’s a practical example to illustrate how it works:

Let’s say a casino offers a 10% percentage per day. If a player generates losses that amount to EUR 100, they will be eligible to receive EUR 10. In case wins and/or wagers are included in the calculations as well, add the numbers up and then divide them by 10, to see how much you’ll receive.

Claiming a cashback offer is equally simple. If it’s activated automatically, then no steps need to be taken. In case it needs to be activated, all a consumer needs to do is press the “claim” button or something similar, or get in touch with the support department and ask them to unlock it.

Once the predetermined period ends, a player will receive their funds back to the real money account and withdrawn, at least in most cases. Exceptionally, it can be returned as bonus money, which means that a customer cannot cash it out, but can use it to play games.

Comparing Pros & Cons of Cashback Offers for Players from New Zealand

Among many reasons why the popularity of cashback is on the continuous rise is the fact that a portion of the lost money is received. This way players feel less stressed when winning streaks are nowhere to be seen.

More money to play with means more new opportunities to explore games and enjoy extended playing sessions, doesn’t it? That’s also one of the reasons players love it. Opportunities like this help players improve their skills in their favorite games, but it also allows them to check out something new, and broaden their gaming horizons.

As mentioned earlier, this type of offer doesn’t require an additional deposit to be made. Frequent depositors with high loyalty ranking (= higher return percentage) often see it as a token of appreciation.

On the other hand, knowing that some percentage of money will be returned, consumers may be tempted to gamble more than they initially planned. For those who are not good with time and money management, this can be problematic as it represents a step towards building poor gambling habits.

Also, even though it represents an additional means to play games, not all players are thrilled with the fact that it is returned in the form of bonus cash or casino spins. Players don’t like being unable to withdraw their bonuses or having to cope with drastically high wagering requirements.

Finally, mind the country restrictions and limitations related to the use of payment methods. Players from regions where gambling is prohibited or exists in some sort of grey zone often may not be allowed to take part in any promotional campaigns, cashback included.

All things considered, pluses and minuses exist in some sort of balance, to say so, leaving it up to the player to determine which of these will dominate. It’s important to note that such decision mainly depends on player’s individual preferences, skill levels, and types of games and payment methods they prefer.

Even though to most of you cashback may seem like one of the most profitable and most player-friendly casino bonuses, not everyone is thrilled with it. If that’s the case with you, have no worries, we’ve got you covered.

There’s a dedicated page with no deposit bonuses for players from New Zealand, in which you can discover more about different types of these incentives, the wagering requirements attached to them, and why casinos offer them, after all. Additionally, there’s a separate page with no deposit codes in New Zealand-friendly online casinos, with a complete guide on how to recognize the best ones.

Tips on Choosing the Most Rewarding Cashback Bonus in NZ

Even though people like being given lots of options to choose from, the abundance of them can lead to something called analysis paralysis. Too many options not only make us feel anxious but it also makes the decision-making process way more difficult.

Knowing so, we did include a plethora of cashback bonuses for players from New Zealand, but at the same time, we came up with a practical instruction on how to narrow down the search and find what’s best for you without much hassle.

These are the steps to follow:

#1 Select your favorite provider

#2 Pick a banking method

#3 Use wagering requirements calculator

As soon as you complete these three steps, make sure to check whether some game limitations are in place regarding the money returned. Does the operator qualify those funds as some sort of bonus money, in which case it could be accompanied by certain limitations, or real money, like the one a player deposits?

Also, don’t forget to check the duration of the cashback campaign, if it’s a temporary one, so to evaluate whether applying for it makes sense at all. What we are trying to say is that if wagering requirements or money credited back are too high, and the withdrawal limit from this offer is too low, perhaps you shouldn’t waste your time.

To eliminate any doubt, explore the Terms and Conditions, and then claim a cashback bonus. Gamble responsibly!

Further Reading

• Online Casinos in New Zealand- Insightful Guide for NZ Players
• New Online Casinos in New Zealand
• New Zealand No Deposit Casino Bonus
• New Zealand No Deposit Bonus Codes
• New Zealand Online Casinos Tournaments
• Best Paying Slots for Players from New Zealand
• Top Online Casinos for New Zealand
• New Zealand Dollars Casinos
• Casino Banking Methods for Players from New Zealand
• $50 or More No Deposit Bonuses For Players in New Zealand