List of UK Cashback Casinos

Cashback bonuses are a unique and under-appreciated type of casino bonus. They are not as eye-catching as massive matched deposit offers, and they aren’t as tempting as no deposit offers. But in the right circumstances, and for the right players, they can be the best bonuses around.

So, what are they, how do they work, what makes them so good, and who are the perfect players for these bonus offers?

What are Cashback Casinos? 

Cashback casinos are simply online casinos that offer cashback bonuses.

Which begs the question, what are cashback bonuses?

These bonuses come with a few basic terms. Be sure to check and consider these first:

• Cash or bonus credits: Does it give you withdrawable cash or bonus credits that must be wagered first? Cash is obviously the better option, but if the bonus grants credits, you may get more than you would with cash, albeit with some added wagering requirements.
• Percentage figure: The total percentage amount that will be returned to your account. Cashback bonuses tend to be quite small, offering just a couple of percentage points, but it’s not uncommon to find ones that give you up to 20% cashback on your losses.
• The timeframe: The period during which the cashback offer applies. For instance, you may be restricted to 24-hour periods, with all of your losses in that period accumulated and then returned (as a percentage) once this period has ended.
• Restrictions: Payment, gaming, and other restrictions that limit how the bonus can be collected. You may be told that you can only play specific games or use certain payment methods. If you don’t follow these terms, the bonus may be void, taking all of your cashback with it.

For instance, let’s use the following as a theoretical cashback bonus:

Get up to 10% cashback on your losses (up to £100)

A bonus like this might come with the following terms:

• Cash or bonus credits: All of the money is released as cash, so there are no wagering requirements to meet.
• Percentage figure: The 10% only applies to those wagering above a certain amount. Everyone else gets 2%, 5%, or 8%.
• The timeframe: Cashback only applies to losses accrued from Saturday morning to Sunday night.
• Restrictions: There is a maximum cashback payout of £100.

Are Cashback Casinos Worth It?

Although it might not sound like it, 10% cashback is a lot. Many cashback casinos cap their bonuses at just 5%. But if that’s all you’re going to get, are these bonuses even worth it, and how can they compare to a bonus that gives you a 200% match on your deposit?

Well, it depends on how it’s offered and who collects it.

As a welcome bonus, cashback offers are best reserved for high rollers.

For example, let’s assume that you have the choice between a 100% matched deposit offer with a £100 cap and a 10% cashback offer with no cap.

In the first instance, you’ll get £50 in bonus credits when you deposit the same. It’s a lot of money to play with, and while there’s no guarantee of clearing the wagering requirement, it’s still a tempting offer.

With the cashback bonus, you’ll only get £5, and that’s if you lose your deposit.

But if you’re a high roller depositing £1,000, the matched deposit offer gives you just £100 in credits and tasks you with clearing a wagering requirement. The cashback offer ensures that you have at least £100 left in your account in the very worst-case scenario. There is no wagering requirement and no big catch.

When used as loyalty promotions, these bonuses are excellent and can benefit everyone. In this case, you don’t just get cashback on your losses, and will generate credits or cash for every pound you spend.

The more that you deposit and wager, the higher in the loyalty scheme you will climb, the better your level will become, and the more points you will earn.

Casino love high rollers. They are the lifeblood of the industry. As a result, they generally do whatever they can to bring them on board and appease them. If you’re one of these sought-after players and you’re not getting what you want from a particular casino, contact them directly and ask for something more. They might give it to you, they might not, but you can always look elsewhere.

What to Consider When Collecting Casino Cashback Bonuses

Cashback bonuses are a little more straightforward than other casino bonuses, but there are still terms to check. Consider all of the following questions before collecting these offers:

Are There Other Bonuses Available?

If so, it’s worth checking them and seeing which one is most suitable for your budget. A 20 free spin no deposit bonus might be ideal for a casual player wagering small stakes, but it won’t do much for a medium- or high-stake player. The former will likely lean more toward a matched deposit offer, while the latter will be better off with a loyalty program.

Some casinos offer several different welcome bonuses but only allow you to pick one. Choose wisely.

Can I Withdraw the Cash?

Is it actually cash that you’re getting or just bonus credits? If it’s the former, you can withdraw it. If not, it may be subject to wagering requirements.

It makes a big difference to the viability of the bonus. If it pays out in credits and you have a big wagering requirement, you could be better off with a different bonus type.

Do I Need to Make a Deposit?

Although it’s rare, some cashback bonuses may require you to deposit using a specific payment method. Failure to do so will invalidate the bonus. Some of the methods most commonly excluded include Neteller, Paysafecard, and Skrill.

Do I Need to Play Specific Games?

The bonus may be site-wide, which means there are no restrictions on the games. It could also be limited to specific slots and categories. 

Casinos are more willing to offer slot cashback bonuses than table game ones, for instance. If you know what you’re doing, you can use a bonus like this to greatly increase your chances of winning at games like blackjack, which has a very low house edge. It doesn’t take much to swing that edge, and while a cashback bonus won’t swing it on its own, it will take a large chunk out of it.

Do I Qualify?

Cashback bonuses may require you to gamble a certain amount before you can qualify. And even if you meet this minimum, it could lead to a paltry amount that just isn’t worth your time. Always check these minimum requirements.

Do I Actually Care?

This is an important question. Many players fall into the trap of wagering more while a cashback bonus is active. It provides a safety net, as well as an incentive, and so they play fast and loose with their bankroll.

It’s like when you first get a loyalty card. You fixate on the points and do what you can to boost them, often finding yourself making purchases you wouldn’t usually make or buying from applicable stores just to accumulate points, even though those points aren’t worth as much as the discount you could have gotten by shopping elsewhere.

Play your natural game, and don’t deviate. Always stick to your budget.

Play Cashback Casinos Now

Cashback bonuses aren’t for everyone, but they deserve way more respect than they get, and I am a huge fan! So, if you like the sound of these bonuses, be sure to check out some cashback casinos.

All of the sites linked on this page have a type of cashback bonus active right now. So, click, explore, sign up, and see what they are all about.