Cashback Casino Bonus

Date Added	Rating	Pros	Bonus
Added: 4 Jan, 2022	4.0 rating Play Ojo	Bonus wins paid in cash No withdrawal limits No wagering requirements	50 Bonus Spins	Visit Casino New Customers, T&C's apply, 18+ #AD
Added: 5 Jan, 2022	5.0 rating NoBonusCasino	No wagering bonus Lottery games Lifetime offers	10% No Wager Cashback	Visit Casino New Customers, T&C's apply, 18+ #AD
Added: 24 Feb, 2023	5.0 rating YetiCasino	Weekly reload offers Amazing slots tournaments Fantastic jackpot games	100% up to £111 + 100 Bonus spins	Visit Casino New Customers, T&C's apply, 18+ #AD

What is a cashback casino bonus?

A casino cashback bonus is a type of offer that allows players to claim back a portion of any losses incurred over a given period of time. Cashback casinos make these offers on a daily, weekly or monthly basis, or sometimes as a one-time promotion. Looking around, it is possible to find offers ranging from 5-20%, and a typical bonus would be 10% cashback weekly.

Taking a weekly cashback bonus as our example; on one particular day of each week, players who have made a loss over the preceding seven days can get a refund on a percentage of those losses. Of course, different cashback casinos will have varying rules on how this offer is applied, and we shall look in more detail at these variations on this page.

Pros of cashback casinos

You may be thinking that cashback offers don’t sound that exciting. Compared to a massive welcome bonus, at first glance they don’t seem so impressive. However, when you add it all up, a regular cashback offer has more advantages than some of the more extravagant and eye-catching bonuses. Casino experts value cashback highly for the following reasons:

• No or low wagering requirements
• Over time more valuable than a big welcome bonus
• Effectively lowers the house advantage
• Reduces the disappointment of losing
• Automatically rewards loyal players

• No wagering requirements

The lack of wagering requirements is one of the biggest advantages of a casino cashback bonus. Think of a welcome offer, let’s say the common deposit match bonus. The casino will match your deposit pound for pound, but there is a big catch. The value of the bonus credit must be re-wagered a number of times – sometimes as many as 50 – before the player is entitled to cash out any winnings.

This is definitely not the case with cashback offers. In the vast majority of cases, the player’s cash account is credited directly and the money is available to withdraw if desired. Some casinos ask that cashback funds be wagered once or, very rarely, twice before withdrawal. In reality, most players use the windfall to play a little longer, so a 1x wagering requirement is of little consequence.

• Great value

Over time, cashback casinos with a regularly scheduled bonus are of more value to the player than a showy welcome offer. High rollers especially appreciate these bonuses, but they are also an asset to more moderate players. If you play frequently at a casino, even if your average spend is low, then we highly recommend that you find a cashback casino. It is a really great way for casinos to reward frequent players.

• Lowers house advantage

Mathematically speaking, getting back a portion of your losses ups the payout percentage of the casino by a little. This is the same as saying that the house advantage is reduced, even if not by a lot. It is a little like a modest insurance policy.

• Reduces disappointment

Another great thing about cashback is that it takes away a little of the sting of losing. A small windfall at the end of a disappointing week or month can be of great consolation. After a good week, with net overall wins, there is no cashback available. But if you find yourself with net losses, then the cashback kicks in. At that point you really have nothing to lose, after all!

How cashback bonuses work

We’ve given you the basics, now let’s get into the specifics. Cashback casinos operate in a few different ways, so we will go through some examples of how a cashback casino bonus works. This is not an exhaustive list, so always check the terms and conditions of an offer to see exactly how your casino presents this offer.

Ongoing cashback offers

The best cashback casinos are those that offer regular cashback, usually every week or every month. Some will have a cashback offer for just one day of the week. A standard offer may look like this:

*10% Cashback every Monday up to £100*

With this offer, a player can receive cash or casino credit to their account every Monday – based either on wagers cast that day, or on the whole preceding week. If a player lost £500 then they would get a £50 refund. Losses of £1000 or more would yield £100 due to the cap.

Some sites give cashback automatically at the same time each week or month. Others require all players to log in on the right day to claim the cashback.

Welcome bonus cashback

Cashback as part of a welcome bonus may be a one-time offer, but it is still good value. A promotion of this kind could look like this:

*Up to £200 cashback on first deposit*

This one is a little less easy to understand, and naturally there are some conditions that you can find on the promotions pages of the relevant casinos. The cashback casino in our example is promoting the maximum amount that can be claimed back on losses from a first deposit.

A closer look will reveal that this is also a percentage – so at 20% that means net losses must be £1000 to get the maximum. So, in order to get the maximum cashback you must first deposit at least £1000, and then make a net loss of that value or more within the promotional period.

Occasional cashback offers

Sometimes casinos have a cashback offer for a limited time only, or available on losses for a single slot or game. Others may have a particular day of each week where cashback is available on a selected game, for example a slot bonus, which may be a different one each time.

As you can see, a cashback casino bonus can take many forms. The most important thing to do as a player is to make sure that you read all the terms very carefully so that you understand the exact parameters of the offer. When in doubt, any extra questions can be directed to a customer support agent.

How to claim a cashback casino bonus

Whichever type of cashback bonus is provided by your casino of choice, the process to claim it should be very simple. Here are some simple steps to follow:

1. Sign up and create an account with one of the cashback casinos recommended on this page.
2. Play some games with real money – make sure you play eligible games.
3. Make a net loss over the time/playing the game specified.
4. Receive your cashback into your account.

It really is as easy as that. Imagine that you start the week by depositing £400, and over the course of the week you wager it all. Maybe you win some of the time, but with no big jackpot after seven days you are back to zero. With 15% cashback, that zero suddenly becomes £60.

Cashback bonus terms and conditions

As with all casino promotions, some conditions always apply. Again, they will vary between sites, but here are some common ones to keep an eye out for:

• Bonus cap: The maximum cashback available. For example, 10% cashback up to £100 – losses up to £1000 receive cashback, but any additional losses above that amount are not part of the offer.
• Wagering requirements: How many times you must use the cashback money before it is yours as cash. As previously mentioned, most cashback bonuses are wager-free bonuses, but some casinos ask for 1x or 2x wagering.
• Game restrictions: Which games are eligible. Some games may be excluded from cashback offers. At other times, cashback is available only on selected titles. In most cases, some games do not count towards wagering requirements.

Cashback casinos summary

Cashback offers are some of the best in the business. They come with few strings attached, require very little effort to claim, and provide a nice insurance policy for frequent players. When compared to the top UK casino bonuses, cashback is one of the most materially useful and financially generous of all. Use our site to find your perfect cashback casino, and you are sure to be happy with your choice.

Cashback casinos FAQs

Written by: Petricia Everly petricia@newcasinouk.com newcasinouk.com

Petricia Everly is an online writer who writes about the world of online gambling exclusively for NewCasinoUK.com. She is particularly interested in online slots, exploring the themes of identity, justice, and the power of luck in her work. Her writing style is unique, combining elements of realism, fantasy, and humour.