Cash back bonuses are a popular promotional mechanic used by casinos offering players a percentage back on their losses over a set period. Sounds like a great way to put a positive spin on an otherwise fruitless gambling session! Read on to find out more about this promotional mechanism and what to look out for when choosing the right casino offer for you.
Cash back bonuses are not always the easiest to find as the big attention-grabbing welcome bonuses and no deposit spins offers can often overshadow them. Fear not though, we have scoured the internet to bring you the biggest, and the best cash back offers in the market right now!
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Cash Back Bonuses
A cashback bonus is a term you may have come across while searching for a new UK casino to play at. They can vary from casino to casino but are well worth looking out for as they can really cushion the blow of any losses you happen to incur!
Cash Back bonuses can often get confused with other types of casino bonus (there are so many after all). The waters can also be muddied by the different terminology used by casinos such as cash back rewards, cash back bonuses, rebates, money back on your losses etc. Also, a cash back bonus shouldn’t be confused with a cash match bonus which is something different entirely.
Why opt for Cash Back over Cash Match?
It can be really easy to get caught up in all the no deposit bonus offers, wager free spins, massive cash match bonuses that the big casinos throw at us daily trying to win our patronage. But take a minute to check out what they have to offer you long term.
Once the shine has worn off those all-too-tempting welcome packages and you’ve spun your way through your no deposit spins and used up all that lovely bonus cash, what’s next? It might be a whole lot of nothing, so you end up either feeling a little deflated and let down or just drifting over to another online casino that chucks a few spins your way.
If you want to play the long game, then choose a casino that will dish out the dosh and continue to do so.
If you want to play the long game, then choose a casino that will dish out the dosh and continue to do so. You might want to check out some of our casinos below for some inspiration. A cash back reward ensures even when you don’t win, a proportion of your hard earned cash will be winging it’s way back into your casino account ready to use on your next session, which may end up being more promising all round!
What is a Cash Back Bonus?
Cash back bonuses offer players a set percentage back on any losses they may make during their gambling session. They are usually set around a specific time frame; for instance, a casino may offer you a 10% cash back on your losses each week that you make a valid deposit and wager a certain amount.
They are directly related to the amount of money you wager making them especially appealing to high rollers who will see bigger kickbacks.
They are usually straightforward to claim (see our ‘How to claim a Cash Back Bonus’ section below) and are typically unconnected the casino’s welcome bonus. They are directly related to the amount of money you wager making them especially appealing to high rollers who will see more significant kickbacks than more casual players. You may also find that the amount of cash back you receive is linked to reaching certain levels. Loyalty and rewards schemes will often offer bigger perks to players who have achieved a particular tier.
Cash back bonuses can vary in value with casinos offering anything between 5 – 20% cash back on losses. The most common amount we come across is 10% cash back. Any cash back you have earned throughout the offer will usually be credited to your casino account ready to use on your next session. There may be wagering requirements attached to the cash, but this can vary between casinos. See our section on wagering below for further information on what to look for.
How they work
The amount of cashback you receive will depend on how much you have wagered within the set time frame and the percentage of cash back the casino has offered. They may be calculated daily, weekly or even monthly and could apply to all games or specified games only. Make sure you read up on all the small print, so you fully understand the hoops you need to jump through to get your hands on your cash. You don’t want to find out later that you missed out by just a few pence!
Here are a few examples of some typical cash back bonuses and payouts:
Casino Cash Back Offer – Example 1
10% cash back on your losses when you wager more than £50 in seven days.
You deposit £100 and play through £80 during the seven days. At the end of the period, the casino will credit your account with £8 cash back.
Casino Cash Back Offer – Example 2
- 5% cash back on your losses when you wager up to £100
- 10% cash back on your losses when you wager up to £499
- 15% cash back on your losses when you wager £500+
Cash back amounts received based on each tier:
- You deposit £100 and play through £80 during the specified period. At the end of the period, the casino will credit your casino account with £4 cash back.
- You deposit £200 and play through £150 during the specified period. At the end of the period, the casino will credit your casino account with £15 cash back.
- You deposit £600 and play through £500 during the specified period. At the end of the period, the casino will credit your casino account with £75 cash back.
Casino Cash Back Offer – Example 3
20% cash back on your losses up to a maximum of £20
You deposit £200 and play through £100 during the specified period. At the end of the period, the casino will credit your account with £20 cash back. However, even if you had wagered the full £200, your cash back remains capped at £20.
How to claim a Cash Back Bonus
Cash back bonuses are pretty simple to claim. Usually, you won’t need to even opt into the offer, and you won’t have to use any bonus codes to get the ball rolling. You will, however, need to meet the requirements set out in the terms and conditions of the offer.
The reason that we find cash back bonuses so attractive is that usually, they do not come with any wagering requirements. After all, you have already wagered and lost your cash, so it seems a bit harsh to place hefty playthrough requirements on your cash back! Any casino that does enforce high wagering requirements on cash back deals should probably be avoided as there’s very little chance of getting much back from them!
Your cash rebate will usually be plonked into your casino account ready to use on the next game you care to play with zero play through requirements which could end up working to your advantage should you manage to win anything off the back of your bonus.
Every casino is different though so always make sure you take the time to read through the casino terms and conditions before you sign up.
Best Cash Back Bonuses
We have scoured the internet for the best cash back bonuses so you can choose the right offer and casino for you! All of our casinos are tried and tested by us and offer safe and fair gameplay. If you have any questions, please do not hesitate to contact us.
Cash Back Bonuses – a win-win!
Cash back bonuses seem to be on the up in terms of popularity with more and more casino jumping on the trend. We all know that the house always wins but at least this way, we feel like we are getting a little something back, even when we are not actually winning ourselves.
It helps take the sting out of an otherwise disappointing session and from the casino’s perspective, it’s a sure fire way to ensure you come back to play again with the cash back credit you have earned. Some might say it’s a win-win! Well almost!
PLEASE GAMBLE RESPONSIBLY – always make sure you are mindful of how much you are spending on gambling. Cash back bonuses may offer a percentage of your losses back but ensure you are not playing with more than you can afford to lose just to boost your cash back bankroll! www.begambleaware.org