Nobody enjoys losing. However, losing doesn’t seem so bad when you know you’ll get some of your money back. Cashback bonuses for online gambling sites allow you to automatically recoup a percentage of your losses.
Even if you’re winning, some online betting sites will give you cash back! Instead of a percentage of your losses, they will pay you a percentage of the rake you paid.
You could be winning big and still be raking in the bonus money thanks to a cashback bonus!
If you’re looking for the best cashback bonuses for online gambling sites, we’ve got them right here.
The best cashback bonuses at
- Online casinos
- gambling sites
- Fantasy Apps
The Percentage of Cashback You Receive
The most fundamental factor we consider is also one of the most important: the cashback percentage you receive. We will typically see percentages ranging from 1% to 10%. Higher percentages will always be better as long as the bonus cap is high enough.
We’ll get to bonus caps in a moment, but first, something important to note. We will sometimes consider a cashback bonus to be superior even if it has a lower cashback percentage. This occurs when the higher percentage bonuses have a low cap, which means the maximum amount you can earn is too low.
If that sounds confusing, don’t worry about it. Just know that we’re doing the legwork to ensure that we only list the best cashback bonuses for online real money gambling sites.
The Bonus Caps on the Cashback Reward
As previously stated, most online cashback bonuses will have a maximum or cap attached to them. Essentially, this is the highest amount of reward you can receive.
Assume you receive online casino cashback offers with 10% back on losses up to $100 per week. This means that the most you can earn from this promotion each week are $100.
Sometimes we see cashback bonuses for online gambling sites (especially those based on losses) with no cap at all. This is also true for Rakeback promotions, though it is not as common (unless it is on the poker side of the house). Unlimited promotions will always be at the top of our list, and everything else is a matter of size.
What Games or Bets Are Included in the Cashback Bonus?
Cashback bonuses may have restrictions on the games, bets, or wager types that qualify.
For example, you might come across a cashback bonus that is only available for slots. If you primarily play online slots, this is fantastic, but if you primarily play other casino games, it won’t help you much.
When looking for the best cashback bonuses, we like to get a variety of bonuses that cover a wide range of bet types and real money online casino games.
We prefer cashback bonuses at online casinos that offer a variety of games, but we are not put off by a great specialised bonus. In our listings on this page, you can expect to see a healthy mix of these different bonus types.
We will make a point of mentioning any cashback bonuses for online real money gambling sites that are restricted to specific casino games or sports.
They’re Active Cashback Bonuses, Let’s know
These cashback bonuses for online gambling sites are going to be effective! If you’re new to online gambling, this may not seem like a big deal. If you’ve been in the industry for a while and are looking for a new online betting site, this is probably music to your ears.
You see, part of the search for the best online cashback bonuses entails sorting through a lot of expired or broken bonuses. The issue is that most sites that list bonuses do not test them or ensure that they are still active.
What are the Types of Cashback Bonuses?
There are 2 types of cashback bonuses:
- Rake Cashback
- Loss Cashback
The rake cashback bonus is the “sweeter” of the two cashback bonuses for online real money gambling sites. You can get a percentage of what the casino or sportsbook makes on your bets or play with this promotion.
Loss Cashback: The most common type of cashback promotion is one in which you receive a percentage of your losses back. This promotion may be available with an unlimited cap for the duration of the promotion, or it may be capped with a maximum. In any case, it’s a great way to recoup some of your losses and soothe the sting of a few bad sessions