Put bluntly, cashback is about losing. It’s a realistic approach to gambling – you can’t expect to win on every single bet, and cashback gets you back some of the money you’ve lost. By getting some of your losses covered, cashback will help you ride through the lull until you hit a peak again. This is one of the strategies professional gamblers use to maximise their wins by minimising their losses.
These are the best cashback bonuses because you’ll get more value faster. When we review bonuses, we look at the offer in detail and calculate how much it can really be worth. Other than the initial sum at stake, we also take a rounded view of the casino, and the conditions the promotion comes with – which can sometimes limit the value of the bonus. We chose these cashback promos as the best because you’ll get your money sooner, and because they come from fabulous casinos in which to play.
Cashback is not a standard bonus offer and you won’t find them at all online casinos. Cashback is a rebate based on your losses; you get money back based on a percentage of your actual losses made with real money. This means that you need to make a deposit and wager all of it – you can’t get a rebate without spending any money!
To claim a cashback deal, make sure you make a deposit and play within the promotion’s specified timeframe. You may or may not need to enter a promo code when you make the deposit, so check with each promotion.
Cashback is based on a net loss within a specific period, for example: You win £200, but on your last bet of the day, you lose £190. This means you are still on a net profit of £10 with this deposit and therefore do not qualify for a cashback.
As cashback doesn’t work like the standard bonus, and there are different things you need to know. Make sure you understand these key concepts before you jump in.