Cashback is a term you probably hear being thrown around a lot. But what exactly is a cashback casino bonus? How does it work? And where can you find the top cashback bonuses?
Find out all you need to know in this cashback casino bonus guide.
Cashback is a term you probably hear being thrown around a lot. But what exactly is a cashback casino bonus? How does it work? And where can you find the top cashback bonuses?
Find out all you need to know in this cashback casino bonus guide.
HeyspinVIP monthly cashback Heyspin review | Reach Platinum, Premium or Prestige on the Heyspin loyalty program to receive monthly cashback. |
All British Casino10% cashback All British Casino review | Play at All British Casino for a permanent cashback bonus, awarding you 10% back on losses from the previous day. |
Hyper CasinoHyper Fridays Hyper Casino review | Existing members will be treated to a new offer every Friday, including cashback. |
Playluck CasinoMonthly cashback Playluck Casino review | Get paid cashback on the third Monday of each month. |
PlayFrankVIP cashback PlayFrank review | Join the loyalty scheme to claim cashback each month on any losses. |
Many casino sites offer players a cashback casino bonus, but it’s not always the most prominent casino bonus. Yet perhaps it should be.
Cashback casino bonuses award you money back on any losses you make at a casino. Perhaps that’s why they’re not as well-advertised as they should be; you only make use of cashback bonuses on losing sessions, and that’s not something casinos want to make players think about.
Although they’re usually referred to as casino cashback bonuses, you may also hear the name refund bonus. They’re interchangeable and both refer to the same casino bonus.
The simplest way to summarise a cashback casino bonus is to think of it as a kind of insurance on losing casino sessions.
Cashback offers can come direct from the casino or from a selected software provider. For example, you might get offered 10% cashback on losses on Starburst across all sites. Or you can get 10% cashback at a specific site like All British Casino across a range of slots.
Sometimes, cashback will be applied automatically. And sometimes you’ll need to opt in. In either scenario, you’ll have the cashback added direct to your account. For instance, if you receive 10% cashback on all monthly losses and you end up £35 down on the month, you’ll be paid £3.50 in cashback. This will bring your monthly losses down to £31.50.
Cashback is quite a straightforward offer and as such it’s similar at most casino sites. But there are a few variations which you should know about:
It’s not especially common, but you will sometimes find casino welcome bonuses coupled with cashback.
Cashback can be offered as a one-off or recurring promotion for existing players at a casino.
Frequently, higher-ranked members of casinos’ VIP programs will receive more lucrative cashback benefits.
On occasion, you’ll receive some free spins bundled in with your cashback.
A welcome bonus can be anything, but it usually consists of a meaty first-deposit bonus and, sometimes, free spins.
Cashback casino bonuses require you to have already played at the casino in order to be claimed, as it is literally cash back on your losses.
However, boosted cashback rates are sometimes included as part of a welcome bonus, so the two aren’t mutually exclusive.
A top-up bonus, also known as a reload bonus, is a special offer from a casino site which rewards you when you deposit. For example, a 50% top-up bonus on a £50 deposit would award you £25 in free casino chips.
Cashback casino bonuses don’t award you anything for depositing, but for playing (and losing). They’re two different types of casino bonus entirely.
All casino cashback bonuses must have the terms and conditions clearly displayed. There are some casino sites which include terms that make it harder to cash out, but most casino cashback bonuses have no hidden loopholes.
Make sure you do check out the key terms so that you’re fully aware of any important terms. For example, some casinos will only award cashback to players who have a certain minimum or maximum balance. And it’s normal for cashback to be capped at certain limits, too.
You’re less likely to find wagering requirements attached to cashback casino bonuses than you are for first-deposit bonuses, free spins and so on.
The reason for this is that, by the time a casino site is awarding cashback to a player, it has already made profit. Therefore, there is less incentive for the casino to safeguard its investment and more reason to encourage the player to return to the site.
Cashback casino bonuses are extremely beneficial with very few drawbacks.
Cashback can boost your bankroll and extend your time at the tables, and the wagering requirements are often non-existent.
Cashback bonuses may not seem very glamorous due to the fact that it’s simply a portion of your money back rather than actual profit. But that just proves what a great bonus it is. After all, how often does a casino ever willingly return money it’s won from you?
New depositing players only. Min.1st deposit £10. Min. 2nd and 3rd deposits £20. Max. bonus varies per deposit (see below). Bonuses are issued as follows: *first deposit is 50% bonus up to £50 + 20 Spins on Starburst; *second one is 50 % Bonus up to £75 + 40 on Book of Dead; *third deposit brings 50 % Bonus up to £75 + 40 on Legacy of Dead. Bonuses that require deposit, have to be wagered 35x. This offer is available to players residing in United Kingdom only.
New bettors; Use code CASINO; Wager bonus 50x to release bonus winnings; Valid 30 days; Stake contribution, games and payment method exclusions apply; T&C apply; 18+
18+ | BeGambleAware | #Ad New Players Only. Wager from real balance first. 50X wager the bonus. Contribution varies per game. selected games only. Wager calculated on bonus bets only. Bonus valid 30 Days from receipt/ free spins valid for 7 days from issue. Max conversion: 3x the bonus amount or free spins: £20. Excluded Skrill deposits. Withdrawal requests voids all active pending bonuses. Full Terms Apply.
18+, BeGambleAware.org | New Players Only. Wagering occurs from real balance first. 50X wagering the bonus or any winnings generated from free spins. Contribution may vary per game. Available on selected games only. The wagering requirement is calculated on bonus bets only. Bonus is valid for 30 days / Free spins valid for 7 days from issue. Max conversion: 3 times the bonus amount or from free spins: £/$/€20. Excluded Skrill deposits. Full Bonus T&C.
Terms and conditions apply. Terms and Conditions apply. New players only.18+.Min deposit £20. 40x wagering applies to match up bonus . Offer valid for 1 week. 50 Spins on Starburst. 40x wagering applies to Spins .See full terms here.
No, not all online casinos will offer you a cashback bonus. If you want to find the best UK casinos which also happen to offer players cashback, you can see our experts’ recommendations in this guide.