UK’s Top Cashback Casinos for 2024
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What Is Cashback Bonus?
A cashback is a refund bonus that allows you to receive a certain amount of your lost bets.
Online casinos that offer these bonuses give rewards in cash on your bonus balance. However, the exact offer depends on the casino you choose.
The reward system helps players manage and reduce the rate of losses.
The average bonus is usually around 5-20% of your losses.
How to Register at a Cashback Casino
Here is a step-by-step guide on how to register at a cashback casino:
- Choose your preferred cashback casino
- Fill in your details
- Read the T&Cs carefully
- Hit the signup button
- Verify email/phone
- Proceed to dashboard
Types of Cashback Casino Bonuses
While the basic concept of a cashback bonus is the same across all cashback casinos, there are actually different types of cashback bonuses that players should be aware of.
Below, we will look at the different cashback bonuses available at online casinos.
Signup Bonus With Cashback
In most casinos, cashback offers come with the standard welcome/signup bonuses. It is the most traditional way to get a cashback reward, but it is sometimes not available.
There are often a lot of restrictions, unlike the cashback offers for VIP or existing players.
Typically, a signup cashback works based on your first deposit. Suppose you make a first deposit of £100 in a cashback casino offering a 20% cashback reward.
In that case, you will receive £20 in cashback if you exhaust your initial £100 on lost bets.
Free Spins Cashback
Free spin cashback bonuses are not so easy to find. However, it is often available as a seasonal offer in some casinos. The bonus is a cashback that operates in the form of free spins.
This means that you receive them as free spins after losing bets with the original free spins provided to you by the casino.
Free spin cashback features all the significant characteristics of regular free spins, so they are often only usable in specific slots, as stated by the casino.
Reload Cashback
Reload cashback features the same percentage-based system as the standard cashback offers. However, they are especially attached as reload offers for existing users in an online casino.
They mainly operate this way to keep active customers engaged and coming back for more. Depending on the casino, a reload cashback may be used on table games, live games or as real money for your betting endeavours.
On average, casinos give players reload cashback every month.
However, there are other cases where they come in the form of daily or weekly reload cashback rewards. Like all cashback offers, reload cashback also comes with a maximum bonus conversion cap, which limits how much refund you can get from the offer.
VIP Cashback Rewards
VIP members often get the highest cashback offers in casinos, as VIP programmes come with tremendous benefits. A standard VIP cashback comes in the form of up to 10-20% in refunds.
Also, depending on the casino, they are often available weekly, alongside other rewards.
You gain access to these VIP offers by earning loyalty points and becoming a VIP user. These loyalty points increase according to your activeness on the platform.
Some offers are also exclusive and designed by casinos to match your personal preferences.
Advantages & Disadvantages of Playing at Cashback Casinos
Playing at a cashback casino has many benefits, as the system allows you to gain money back from your lost bets.
However, there are some disadvantages to using these bonuses in casinos too. Below, we’ll discuss the pros and cons you should be aware of.
- Moderate wagering requirements
- Backup for lost bets
- No further deposits or any risks
- Sometimes exclusive to VIP players only
- Might encourage chasing losses
Casinos With Cashback Pros
Here are the significant advantages you will come across while using cashback in casinos:
- Moderate wagering requirements
Though it depends on the casino you choose, many cashback rewards come with low to moderate wagering requirements. There are also cases where some of these bonuses do not feature any wagering condition at all.
- Backup for lost bets
Cashback offers serve as a backup reward system for players. Players can place new bets after losing earlier bets without any further deposits. If utilised correctly, it can become a massive opportunity for players to benefit from the casino even if they lose money in the beginning.
Cashback Casino Sites Cons
Though not a major deal, here are some of the disadvantages you will experience when using cashback in casinos:
- Works only on lost bets
The major highlight of cashback bonuses is the refund policy on lost bets. In short, you have to lose bets to receive the reward. It is a significant downside, as most players prefer to maintain their chances as well as the money they’ve deposited.
Best Cashback Casino Bonus in the UK
There are several cashback casino bonuses available to UK players, and you’ll need to do your research when trying to find the best offers.
Of course, every bonus comes with its pros and cons. So it all comes down to what you want in a cashback offer.
To save you time and give you a leg up, we’ve done a research: below are some of the best cashback casino bonuses available to players in the UK.
⚡ 100% Deposit Bonus Up To £100 + 10% Cashback By All British Casino ⚡
All British Casino provides a welcome bonus with a 10% cashback offer. The base bonus comes with a 100% deposit bonus of up to £100.
However, the additional cashback adds a whole different vibe to the incentive. As stated by the site, there is a wagering requirement of 35x on all bonuses unless otherwise stated.
Cashback offers are available on the site within 24 hours of making a first deposit. Also, the deposit must be in lost bets, and there must be no pending withdrawals from your casino account.
Once your casino balance hits below £10, you can request a cashback, amounting to 10% of all your lost bets. Though this offer is for new users, other seasonal cashback bonuses are available to existing users at All British Casino.
How to Claim Rewards at a Cashback Casino
The process for claiming a cashback reward solely depends on the casino you use. However, we have outlined the important steps you have to take to claim any bonus in a cashback casino.
1. Register/Login to Your Cashback Casino Account
The first step to claiming a reward at a cashback casino is to log in to your dashboard. If you are a new user, you can proceed with the registration process of the casino.
2. Enter Bonus Code
In most cases, cashback casino bonuses come with promo codes you have to input to receive special rewards. Depending on the casino, you may have to do this during signup or on the promotions page when you log in to your account. However, some cashback casinos offer automatic bonuses with no promo code needed.
3. Fulfil Bonus Terms
In most casinos, you’ll be required to meet specified bonus rules to receive your rewards. Sometimes, a deposit is often required before you become eligible for cashback. To know the exact conditions you need to meet before using a bonus, you have to visit the T&Cs page of the casino.
4. Enjoy Your Cashback!
Once you fulfil all the bonus eligibility terms, you automatically start earning rewards. They can be activated automatically or manually on the bonus page. While using these bonuses, you must also remember that most casinos feature a set of bonus rules which you have to abide by for you to win real money.
Common Terms and Conditions You’ll Encounter in a Cashback Casino
It’s essential to understand the terms and conditions of cashback casinos, as they define how you can use the rewards on the site.
It is also via these T&Cs that players stand a chance to discover whether a reward offer is worth claiming or not. In this section, we’ll review the primary bonus terms players should know.
Wagering Requirements
A wagering requirement is a popular bonus rule in online casinos. It determines how often a player has to wager the total bonus amount before being eligible for withdrawal. I
n some casinos, wagering requirements usually range from 20-60x. However, the average for cashback casinos is around 25x.
Minimum Deposit
Most times, cashback offers come with a minimum deposit required to qualify for bonus rewards. Though it depends on the casino, most platforms feature a min deposit of £10; it is just the amount you need to deposit in your casino account to get the bonus.
Since cashback works with deposits, and the reward is often only available to players who deposit up to a certain amount, especially up to £100, in the past month.
Validity
Like other sites, the bonus offers in cashback casinos operate within a specific period. These are the only reasonable periods to use the rewards before expiry.
Depending on the cashback casino, the bonus validity of a typical bonus is usually between 3-14 days. Some sites offer bonuses with up to 30+ days of validity.
Maximum Cashback Amount
The maximum cashback amount is the total amount of money you can make from a cashback offer as a player. The average maximum cashback amount is £50.
Thus, some sites offer slightly lower maximum limits, and there are some that offer higher amounts.
Cashback Casino Games
There are a lot of games that players have access to in cashback casinos. These casino games range from traditional table games to slots, jackpots and more.
Slots
Slot games are the most popular games in most cashback casinos. Due to the numerous reward offers and free spins, players flock around these games and utilise cashback rewards.
Some popular types of slot games in cashback casinos are: classic slots, progressive slots, video slots, and megaways slots.
Table Games
Other than slots, there are a lot of other popular table games in cashback casinos. These games include blackjack, roulette, baccarat, poker and a host of other table games. Though it depends on the host casino, most cashback offers work on these games.
Therefore, you can take advantage of this incentive when playing table games too, and receive a portion of your losses back as bonus funds or real money.
Live Dealer Games
One of the highlights of cashback rewards is the ability for players to use the bonus on live games. On some casino sites the cashback is usable in all games. This means you can also use it on live dealer games or other casino games that interest you.
Players can use cashback bonuses on games in mobile editions of the casinos too.
Other Bonuses at Cashback Casinos
Besides the cashback bonuses, players can explore many other bonus options at cashback casinos. Though some of these additional bonuses are similar to cashback offers, some are different in terms of usage.
Free Spins
Free spin bonuses are the standard incentives in most casinos. They provide you with free slots to play, as specified in the bonus info. Unlike regular bonus credit offers, free spins are mostly used on specific slot titles.
Referral Bonus
With a referral bonus, you receive a special bonus reward for referring your friends to sign up for a casino. Upon creating an account yourself, the casino provides you with all the necessary referral tools, including your unique referral link.
Though not available in all casinos, referral bonuses are popular, and they are a great way to earn free cash.
Deposit Bonus
Deposit bonuses match your deposits with outlined percentages up to a specific limit. The bonus works with your casino deposits; so, the more you deposit, the higher your bonus reward.
In most cashback casinos, deposit bonuses often come as 100% matched offers. However, some platforms offer deposit bonuses with up to 200% matched deposits.
The most frequent are the first deposit bonus offers. They can come attached with cashback offers too, but this all depends on the casino in use.
A typical example is the welcome bonus by All British Casino, which features a 100% match deposit bonus plus an additional 10% cashback reward.
Below are the main terms and conditions of this offer:
- Welcome bonus for new players only
- Maximum bonus is 100% up to £100
- Min. deposit is £20
- No max cash out
- Wagering is 35x bonus
- Maximum bet with an active bonus is £5
- Eligibility is restricted for suspected abuse
- Cashback is cash with no restrictions
- Skrill & Neteller deposits excluded
- Cashback applies to deposits where no bonus is included
- T&C’s apply. See full T&Cs for more detail. 18+ Please Play Responsibly. GambleAware.org.
No Deposit Bonus
A no-deposit bonus is the opposite of a deposit bonus. It is a reward offer that does not require any form of deposit for a player to receive rewards. No-deposit offers can come in the form of free spins, bonus credit or attached with cashback rewards.
Though this offer does not require an actual deposit, you may have to add a debit card to get free spins in some cases.
After you sign up and register a valid debit card, you automatically receive your free rewards.
Don’t Forget to Gamble Responsibly
Gambling should be a form of entertainment at all times. While online casinos offer a lot of excitement and fun, it’s important to gamble within your means and never bet more than you can afford to lose.
It’s also important to recognise the signs of problem gambling and seek help if necessary.
Excessive gambling can lead to financial difficulties, addiction, and other negative consequences so it is important to be aware of the risks involved and the responsible gambling practices on the other hand.
A few guidelines to follow are:
- Set monetary and time-bound limits
- Gamble only the amounts you can afford to lose
- Never chase your losses
- Don’t gamble when upset, angry, depressed, or intoxicated
🚫 Please note that in the UK, only individuals aged 18 and over are legally permitted to engage in gambling activities.
For help with a gambling problem, call the National Gambling Helpline on 0808 8020 133 or go to www.gamstop.co.uk to be excluded from all UK-regulated gambling websites.
Our Verdict
Cashback represents more than a single form of bonus. The type of cashback you receive determines how you can use it. If used properly, a cashback can potentially result in a big casino win.
However, this is only in cases where lucky, or experienced gamblers use them.
Losing a huge bet can be a terrifying experience for sure. But, with cashback casinos, you can retrieve a percentage of your lost bet and even stand a chance to play again and score some wins.
This is a fantastic feature and a safety net for UK players, making cashback casinos outstanding and worth it.
FAQs
Below are some of the popular questions players ask about cashback casinos.
What is cashback in casinos?
Cashback is a promotional offer that allows you to receive refunds on your lost bets in a casino. It works on a percentage-based system, giving players certain limits in regards to the amount of money they can receive. Thus, with a 20% cashback bonus, you receive £20 for every £100 you lose while gambling.
Are casino cashback offers legal?
Yes. Cashback bonuses in casinos are entirely legal. The offer is a programme designed to help players avoid huge bet losses. Most licensed casinos have these offers fully available to UK players. However, if the legality of online gambling is questionable in the player’s region, there may be some complications related to using casino bonuses. It helps to stay up-to-date on your local gambling regulations to be on the right track.
What are the advantages of casino cashback?
Casino cashback offers come with a lot of advantages. They allow players to avoid huge losses while gambling and serve as a backup to continue betting without making any new deposits. If used properly, these bonuses can also be potentially rewarding.
Are cashback rewards taxable?
No. Cashback casino rewards are not taxable. However, it all depends on your area of residence. Generally, gamblers do not pay taxes in the UK. Therefore, cashback rewards fall into one of the categories of casino wins.
Is cashback considered income?
No. Cashback is a reward program that comes in small percentages, so the winnings are often small. Also, most platforms cap their cashback winnings at around £100, so the earning possibilities are limited while using the bonus. Coupled with the current casino tax laws of the UK, you cannot consider cashback an income stream.
Can casino cashback be withdrawn?
No. Cashback is a reward system in casinos. As a result, withdrawing this bonus is impossible. However, upon bagging a win, you can request for withdrawal of bonus earnings after fulfilling all requirements using any of the traditional methods or e-Wallets (such as Skrill, Neteller or PayPal) available in the casino.
Tolulope Kehinde is online bingo and slots expert at CasinoSherlock. With five years as a writer and researcher in the online gambling, she is a true pioneer in the industry. Tolulope’s insights and expertise are invaluable in providing avid casino players with in-depth and up-to-date information on all things related to online slots, bingo games and payment methods.
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