THE concept of cashback isn’t new or exclusive to online casinos.
In this guide we’ll cover all the most common questions about cashback bonus offers, setting out the terms and restrictions that come with most of these offers.
Do the right research and you could find yourself raking in free wager-free cash every week.
Let’s dive in.
This month we recommend Duelz as our favourite cashback casino as players can get 10% cashback every Friday!
What is a cashback casino bonus, and how does it work?
First things first, let’s explain exactly what cashback is. In a general sense, cashback is the process by which players are returned a percentage of their losing bets, within a stipulated period of time, as a credit to their casino account. However, the finer details vary from site to site. For example, some sites apply a wagering requirement on cashback gains, while others make cashback wager-free and instantly withdrawable. A popular cashback offer would be something like this:
Duelz casino cashback offer
Get 10% Cashback EVERY FRIDAY
18+ only | The cashback is calculated from last week's net spend (Friday 00:00 to Thursday 23:59 UTC). Net spend is defined as Bets minus Wins minus Rewards. The minimum amount of cashback that you can receive each week is £0.10. All games are included. Full T&Cs apply.
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In this example, players are free to gamble with the online casino as little or as often as they would like over a period of 7 days beginning on Monday. On the following Monday, cashback is calculated based on that player’s activity and the applicable cashback is credited to the account.
The concept is simple enough, and it's usually completely automated, making it exceptionally easy to benefit from. However, you absolutely must check out the small print with cashback offers or any casino bonuses. Since these run at a total loss to the online casino, they often sneak in bonus terms which make it harder for the player to benefit. We explore all these in more detail below.
Most popular cashback casino bonuses
We’ve already mentioned that the whole cashback concept is a pretty flexible one. It can be offered by online casinos within several different parameters. For example, it can be a loyalty club feature, or for a limited time online. Sometimes it’s a perk for new players, or it could be reserved for VIPs. Here are some of the most popular cashback offers you’re likely to come across:
- Cashback welcome bonuses – This is something of a double whammy bonus offer, giving players exceptional value on their very first deposit. As the name suggests, when a new player signs up for an online casino or sports betting site they can choose to accept their welcome offer, which almost always comes with a stack of bonus cash. A cashback welcome deposit bonus gives the player a chance to further stretch out the benefit, with a cash or bonus cash return on any non-winning bets placed with the bonus cash. The offer may also extend to winnings generated from welcome free spins, but it’s usually confined to just bonus cash.
- Loyalty cashback bonuses – Cashback is a pure incentive to players, giving them a reason to log back into the site and claim what they earned. Sometimes, instead of being a standalone promo, casinos will build it into their loyalty programs and schemes as a reward. This could simply be a fixed milestone triggered when the player hits a certain number of deposits, or it can be progressive cashback that grows over time. For example, many sites should increase the cashback percentage as players climb the ranks. The lowest levels can start with 4% cashback, but rung by rung they can hit a highly rewarding 20%. Of course, these figures are set by the online casino at their sole discretion and will vary from site to site.
Hey Spin cashback
Monthly loyalty cashback
18+ | A minimum deposit is required. The monthly cashback bonus is based on losses on all games for one full calendar month. The cashback bonus is issued on the 3rd Monday of the following month and covers the previous month’s full calendar. Full T&Cs apply.
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- Cashback promotions for existing customers – Many of the newer online casinos have chosen to make casino cashback a permanent offer for all players. It’s also common with online sportsbooks, where players can collect a percentage refund on their non-winning sports bets. Again, the style and limitations of the cashback bonus will vary from site to site. Check out the ‘promotions’ tab on your favourite online casino site to get a full view of all the terms that apply, and how to sign up. If your cashback promotion is an ongoing promo, then you either need to opt-in, or you could be automatically enrolled. Cashback will apply to all of your gameplay across the board, incentivising every single deposit you make.
Sign up at DreamVegas for cashback promotions
How to claim a cashback casino bonus
You can start benefiting from casino cashback bonuses in two ways:The simpler way is that you’re automatically enrolled by the online casino, leaving you with nothing to do other than to log in on the designated day to collect your cashback.
The other (slightly more involved) way is that you need to specifically sign up to start reaping the rewards. In either event, you’ll start collecting cashback instantly, taking the sting out of those losing bets just a little.
Here’s how you can claim your casino cashback bonuses yourself:
- Choose a great online casino if you haven’t already got one. We make some top cashback casino recommendations in this guide. Check them out up top.
- Visit the ‘promotions’ or ‘offers’ or ‘bonuses’ section of the online casino. This is where all active offers are stashed for your perusal.
- Find the cashback offer and read the full terms and conditions. This is boring but necessary so that you can be super clear on the information provided and exactly what the conditions and limitations of the offer are.
- Follow the steps on the same page to sign up to the cashback offer. This is usually as simple as clicking an ‘opt in’ button. In rarer circumstances you’ll be asked to contact customer support via live chat to request joining the promo.
Check out our top 10 online casinos for UK players
Why we love cashback casinos
It would be fair to say that, in most circumstances, there’s no real downside to a casino cashback bonus. Players generally know that cashback is great, even if they’re not sure, specifically, why. There are the top four advantages to casino cashback bonuses:
- Boost your balance – The entire cashback concept is built on the “you win even when you lose” philosophy. If you were going to gamble anyway, then the cashback on your non-winning bets is a pure advantage with absolutely no down side.
- Non-restrictive – Not all cashback programs are made equal, but the really great ones are paid out as real cash with no wagering requirements. Some cashback systems do require you to play on specific games only or meet certain rollover requirements, so make sure you do your research and choose carefully.
- Loyalty is rewarded – Since most cashback programs run on a recurring basis, it’s a huge benefit for players who frequent the same online casino regularly. Obviously your cashback will increase the more you play. Separately, some cashback systems are actually tailored for players, giving loyal players higher cashback percentages.
- Quick and simple – For the most part, enabling a cashback system is completely painless. Some online casinos apply the offer automatically, but even if they don’t, it’s usually just a matter of a few clicks to get things up and running.
All the excitement aside, we would be remiss if we didn’t warn players of the obvious, less fun, aspect to cashback bonuses. Your cashback rewards are built entirely off your real money losses. That means you should never play more with the goal of increasing your cashback payout. Cashback bonuses are only great value if you continue to play as you usually would, staying within your limits and keeping things fun and affordable.
Duelz casino cashback offer
Get 10% Cashback EVERY FRIDAY
18+ only | The cashback is calculated from last week's net spend (Friday 00:00 to Thursday 23:59 UTC). Net spend is defined as Bets minus Wins minus Rewards. The minimum amount of cashback that you can receive each week is £0.10. All games are included. Full T&Cs apply.
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What is the difference between a cashback bonus and a welcome bonus?
Cashback bonuses and welcome bonuses have absolutely nothing to do with one another. The only exception to this would be if your welcome offer came with a built-in cashback feature. While a welcome bonus specifically refers to an offer tied to the very first deposit made by a new player at an online casino, a cashback bonus is a benefit reaped entirely through continued deposits and gameplay on the same site. While a welcome bonus is a one off, a cashback bonus generally runs over an extended period of time. Welcome bonuses are often a combination of bonus cash and bonus free spins, but cashback is a benefit usually paid out in the form of a cash credit to your online casino account.
Are cashback bonuses instant?
Cashback credits to your account are never instant, but they shouldn’t take all that long to come through either. Keep in mind that in order to build up a decent payout, the casino first records all your deposits and bets over a period of time. With most cashback programs, the payouts reset every seven days.
Let’s say, as an example, that your cashback is calculated and paid out every Monday. The funds will generally appear in your account within 24 hours of the cashback period ending. The payout can be automated, or you might need to make an online request. Should you wish to use your cashback to play more games, you can usually do this as soon as the bonus funds hit your account. However, things might get a little tricky if you want to withdraw your cashback to your payment method. Some cashback comes with wagering requirements, which means you need to meet a certain rollover before it becomes withdrawable cash.
In summary – cashback is usually credited to your account within 24 hours. Cashback withdrawal can only be done immediately if there are no wagering requirements involved.
Duelz casino cashback offer
Get 10% Cashback EVERY FRIDAY
18+ only | The cashback is calculated from last week's net spend (Friday 00:00 to Thursday 23:59 UTC). Net spend is defined as Bets minus Wins minus Rewards. The minimum amount of cashback that you can receive each week is £0.10. All games are included. Full T&Cs apply.
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Can I play any casino game with a cashback bonus?
The classic casino, live dealer games and slots you’re allowed to play with your cashback bonus depend entirely on the restrictions put in place by the online casino. There are three possible scenarios:
- Your cashback bonus money comes with wagering requirements and game restrictions (for example not being eligible for table games).
- Your cashback bonus amount comes with wagering requirements but is open to all casino games.
- You cashback is credited as pure cash and can be withdrawn or played without any restrictions.
Obviously number three is the holy grail of cashback offers, but it’s not as rare as you might think. We recommend only top quality online casinos, and these generally tend to offer players real rewards, and not tricky offers designed to just keep you spending. Make sure you understand exactly what the offer entails before getting your hopes up. Also, try to find a casino that caters to your tastes. For example, if you are a poker fan, try to find the best live poker casinos to play at so you'd get to enjoy the full gaming experience.
Find seasonal Easter promotions at UK casinos.
Is there a limit on a cashback bonus?
It’s extremely rare to come across an unlimited casino cashback offer. The fact is that should casinos not place any limitations and restrictions on bonuses like these, they would soon find themselves running at a loss. There are many ways in which the online casino could set thresholds to protect itself.
- Minimum requirements – Many cashback offers come with loss limits. This means that you’ll only qualify for a cashback payout if the refund amounts to a minimum requirement. The requirement is generally very low, and most cashback bonus offers start from £10.
- Time limits – Cashback offers are designed to keep users logging back in to online casinos. To make sure that happens relatively quickly, casinos time bar cashback, hitting it with an expiry date (usually 24 hours). If the cashback goes unclaimed then it’s taken away.
- Wagering requirements – As discussed a couple of times earlier on in this article, wagering requirements may or may not be a feature of the cashback bonus offer. If they are, then you won’t be able to make any withdrawals on your rewards until they’re met. It also means that you’ll use the funds to play just as you would regular bonus cash.
- Maximum ceiling – Most online casinos will set a max cap on your cashback rewards. That means there’s a certain point when your losses will stop counting towards the program. It’s really important that you know what this ceiling is, as it will help you set your own personal limits and expectations.
All in all, cashback programs can be exceptionally rewarding to frequent online casino members. What’s important is that you never play with the goal of mounting up cashbacks. This is always built off your losses, so there’s only ever value in it if you only play what you can afford to lose. Think of it as an unexpected sweetener, and not the answer to extending your online gambling.
Remember to gamble responsibly
A responsible gambler is someone who:
- Establishes time and monetary limits before playing
- Only gambles with money they can afford to lose
- Never chase their losses
- Doesn’t gamble if they’re upset, angry, or depressed
- Gamcare – www.gamcare.org.uk
- Gamble Aware – www.begambleaware.org
For help with a gambling problem, call the National Gambling Helpline on 0808 8020 133 or go to www.gamstop.co.uk to be excluded from all UK-regulated gambling websites.
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