Cashback Bonuses

There are multiple online casino bonuses available at the top gambling sites, knowing which one will best suit your needs can prove somewhat tricky. All bonuses have their benefits but some may match with your gameplay preferences better than others. For instance, at the best online casinos you can claim cash back on your losses.

Our guide explores cashback bonuses in full, with the MansionCasino team explaining how they work, how to claim them and which online sites provide the best casino cashback bonus offers.

Below we have listed the top three cashback casino offers. Each site offers something slightly different but all provide cash back on your losses. 

A cashback bonus is similar to an insurance policy, it helps you out if you have a run of bad luck by recouping a percentage of your net losses. Cashback bonuses may also be referred to as Refund bonuses, if you win there’s no cashback but if you lose then you’re able to claim so much back. The percentage amount will vary from site to site but the average is typically between 10 and 20%. It really is a win-win situation which is why cashback casino sites are so popular amongst UK players.

How Cashback Bonuses Work and How to Claim Them

As we can see from the top casino cashback promotions above, not all cashback casino sites offer the exact same deals. For instance, some may place wagering requirements on the bonus, others require a minimum deposit to claim, some require a promo code to be used, others credit your account automatically.

An example casino cashback bonus could look like this: 10% up to £100 Weekly Cashback - all you need to do is deposit and wager on your favourite games over a 7 day period. By the end of the week you have a net loss of £100, but all is not lost as you’ll receive a cashback bonus of £10 (10% of £100).

The key points that players look for when searching the cashback bonus terms are which games are eligible, what’s the minimum and maximum amount of cashback available, plus what period of time is covered by the bonus. Cashback bonuses may be refunded in real money that can be immediately withdrawn, or as bonus credits which may have wagering requirements attached.

Here’s some simple steps on how to claim a casino cashback bonus to get you started:

1. Select a recommended online casino that’s licensed and provides a cashback bonus
2. Check games eligibility and the period of time you have to accrue cashback
3. Make a qualifying deposit using the relevant promo code where required
4. That’s it, you’re ready to start playing and accruing cashback  

Whilst all cashback casino bonuses tend to work the same in principal, there are different ways in which they may be offered and all will have bonus terms attached. Let’s take a look at the types of cashback bonuses you may find:

• Welcome Bonus: Most UK online casinos will offer some kind of welcome bonus to attract new players. Unless it’s a no deposit sign-up bonus, the welcome offer will require players to register for an account and make a qualifying deposit. For casino cashback bonuses you’ll need to check the terms and conditions for the minimum deposit amount and the period of time you have before you can recoup any losses. A good example is the Betzone cashback welcome offer.
• Ongoing Promotions: Top online casinos will offer regular cashback promotions to existing members, this is usually done on a weekly basis and enables players to recoup a percentage of cashback based on net losses from the previous week’s online wagering. Some cashback bonuses may require a minimum deposit whilst others may incur wagering requirements on the cashback bonus funds. Great examples of these types of cashback promotions can be found at Vegas Mobile Casino.
• Live Casino Cashback: Although not as common as other types, live casino cashback bonuses target regular players of live dealer games. As with other cashback promotions, you are typically required to make a qualifying deposit in order to claim the cashback reward which will be based on any net losses accumulated over a set period of time.
• VIP Program: Casinos that offer VIP membership will often include exclusive cashback bonuses as a reward for advancing to the next program level. The beauty of these offers is that they tend to be a lot higher in value compared to regular weekly cashback or welcome offers. However, this does mean they may attract higher minimum deposits.  

Difference Between a Welcome Bonus and a Cashback Bonus 

Cashback bonuses are not as common as your typical welcome bonus but often attract high rollers who like to place big deposits. Casino cashback bonus requirements are a lot less than the regular welcome bonus and can often be used on live casino games. Its biggest advantage is that if you lose you can recoup a percentage of net losses, however, in comparison, a welcome bonus gives you the chance to win real money with bonus funds. 

Difference Between a Cashback Bonus and a Top Up Bonus 

A top up bonus is an ongoing promotion often referred to as a reload bonus. This type of bonus offers players a percentage match on a qualifying deposit or a bundle of free spins. The main difference is once you’ve played through your top up bonus it’s gone, however, with a cashback bonus if you lose you can at least recoup a percentage on your net losses.  

Cashback promotions will always come with specific terms that you must read prior to claiming so that you understand what is required. These terms will outline the required deposit amount, the qualifying period of time for cashback accumulation and the cashback percentage amount available on net losses.

Most cashback bonuses are rewarded in real cash which you can either withdraw or continue playing with. However, some cashback offers may be awarded in bonus credits which need to be wagered prior to withdrawal.   

Wagering Requirements 

As with any other casino bonus, wagering is the amount of times you need to playthrough your bonus funds prior to withdrawal. The wagering requirements for cashback bonuses are only applicable to the bonus funds received whereas wagering on other bonuses often includes the initial deposit amount as well.  

Here’s an example for cashback bonus wagering:  

• Receive £20 cashback at 40x wagering. You need to wager £800 (40 x £20) on eligible games before making a withdrawal.  
• It’s advisable to check what games contribute to wagering prior to completion as slots often contribute 100% whereas table games may be as low as 10% with live games often contributing 0%. 

There are numerous reasons why you should claim a casino cashback bonus if it’s available, here are some of the advantages: 

• No complex bonus terms 
• Typically, no wagering requirements 
• VIP programs offer higher cashback returns 
• Allows players to recoup losses from a bad run 
• Cashback enables players to continue playing with bonus funds