Online casino cashback bonuses

There’s one undeniable truth when it comes to gambling – you win some and you lose some. Some online casinos soften the blow of losing streaks by offering cashback.

For limited time periods or certain games, casinos will temper your losses by handing you back some of the money you lost while playing. Some casinos even offer you cashback on all your losses, and others tie it into their VIP schemes so the higher up the scheme you rise, the greater the percentage of your losses you receive back. This page will present you with the latest cashback offers, and explain how it is calculated.

  • First Deposit
  • 100% up to £200
  • + 11 Bonus Spins
18+. New players only. 11 Welcome Spins Wager-free and 100% up to £200 on your 1st deposit. Min. deposit £10. 7 days to activate the spins. Bonus spins expire 24 hours after activation. Activate the Welcome Bonus within thirty (30) calendar days under the 'My Bonuses’ section. 100% bonus up to £ 200 will be paid out in 10% increments to Main Account balance. 35x wagering. Play Responsibly. Full T&Cs apply. Click here for Full Terms & Conditions.

How online casino cashback works

Loosely speaking, casino cash-back is the equivalent of rakeback in online poker.

A typical casino cash-back offer will run for a certain time period. Weekends are very popular times for cashback promotions, as it’s when people have free time, and inevitably spend the most.

To take part in a cash-back promotion you will probably need to ‘opt-in’. How you are able to do this should be explained on the terms and conditions page of the cashback promotion. A casino cannot ‘force’ you to take part in any promotion. You may wish to play some of the games that qualify for cashback, but you might not want to take part in the offer. Some casinos will expect you to take the opposite stance and ‘opt-out’ of the promotion instead – again, check the T&Cs.

Many cash-back offers are restricted to certain types of games. Slots are a very popular choice when it comes to such promotions. You may find other cashback offers for table games, or specific games such as blackjack, roulette or baccarat.

You will also find cash-back offers that include the majority of games at an online casino, but generally not every single game is included. Any excluded games will be listed within the terms of the cash-back offer, so you will know which titles to avoid.

4.5/5
Very Good
  • Floated on London Stock Exchange - very trustworthy!
  • Hefty 320% up to £50 welcome bonus
  • Accepts Paypal & offers manual flushing
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  • First Deposit
  • 150% up to £150
  • Welcome Bonus
New accounts only. Max. withdrawal £100. 50x wagering, game contribution might vary, max stake applies. 7-day expiry. See full terms. Click here for Full Terms & Conditions.
3.5/5
Fair
  • Licensed by the gaming authority of Malta and listed on the Nordic OMX – two good indicators of respectability.
  • Strong reputation for fast pay-outs and prompt, professional customer support.
  • Great range of gambling products, including 400 casino games, a sportbook, bingo rooms and a poker client.
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  • Welcome Package
  • Deposit £10
  • Get a £40 Casino Bonus
18+ to register * A £40 casino bonus will be credited instantly to opted in customers when their first deposit of £10 or more has been made * The bonus money must be wagered thirty-five (35) times on casino products before any bonus funds or winnings from the bonus become withdrawable. 100% of the total stake wagered on slot games contributes to the 35x wagering requirement. 10% of the total stake wagered on table games contributes to the 35x wagering requirement * Bets placed on some slot games will not contribute towards the 35x wagering requirement * Further T&Cs apply. Click here for Full Terms & Conditions.

How online casino cashback is calculated

Say for example your favourite online casino decided to offer a 25% cash back offer for the weekend. The qualifying period is from 18:00 Friday to 08:00 Monday. You deposit £200 and you start playing, being careful to avoid any games that are excluded.

During the qualifying time period you play 100 £1 spins on ‘Starburst’, and you end up with £80. You then try 500 £1 deals on blackjack, and you end up wining £600. Finally you give video poker a spin – 200 hands at £2 per hand, and you have £200 left at the end of it.

In total you wagered £1,000 – £100 on Starburst, £500 on blackjack and £400 on video poker. You ended up with £80 from Starburst, £600 from blackjack and £200 from video poker, for a total of £880.

In total, you lost (£1,000 – £880 =) £120. As 25 percent of £120 is £30, the online casino very kindly credited your account with £30 in cashback, so your losses for the weekend were actually £90, and not £120 as they would have been if the cash back promotion hadn’t been running.

Note that cash back only applies to your losses. If in the example above you had won £300 on Starburst instead of £80, you would have ended up with £1,100 in total for a net £100 win. You do not gain an extra £25 (as 25 percent of £100 is £25) on top of your winnings.

Some casinos will feed your cash back into your account as money you can withdraw, but most will feed it back as bonus money. Cash back bonus money does not usually come with the same kind of wagering conditions as first deposit bonuses or no deposit bonuses. You’ll probably find you only have to play-through your cash back once to turn it back into real money that you can withdraw.

  • First Deposit
  • 100% up to £200
  • + 11 Bonus Spins
18+. New players only. 11 Welcome Spins Wager-free and 100% up to £200 on your 1st deposit. Min. deposit £10. 7 days to activate the spins. Bonus spins expire 24 hours after activation. Activate the Welcome Bonus within thirty (30) calendar days under the 'My Bonuses’ section. 100% bonus up to £ 200 will be paid out in 10% increments to Main Account balance. 35x wagering. Play Responsibly. Full T&Cs apply. Click here for Full Terms & Conditions.

Online casino cashback conclusion

Grosvenor Casino runs the most generous cashback offer, giving you 50% back on your first month losses up to £500. Sky Vegas, meanwhile, runs monthly cashback offers. We are big fans of cashback offers, provided the terms are transparent, and that table games are included. Just remember to ‘opt-in’!

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