Cashback Bonuses
Cashback or ‘No Sweat’ Bonuses are common at sportsbooks. They usually work by giving a stated percentage of your sports betting losses back over a particular period. An example would be ‘Get 10% cashback on losing bets over a seven-day period’. Cash or a free bet would then be credited to your account once the period has elapsed. In this article, we’ll take a look at cashback bonuses in-depth, highlighting what to look out for and how to find the best ones.
Updated on:
- January 30, 2026
Offer of the month
welcome bonus
Get up to
R3000.00
First Deposit
The Most Interesting Betting Bonuses Right Now
A list of the best betting bonuses currently available. We only select reliable bookmakers with real welcome bonuses.
CASHBACK
3%
- The weekly cashback amount is 3% of the total amount lost in bets placed over the course of that week.
Cashback will be automatically credited to your account every Tuesday by 12pm. To get a bonus for your losing bets, they must be on sports events with odds of 1,5 or higher.
CASHBACK
10%
- The Cashback amount is equal to 10% of the total amount of the player's losses in the Sports section during the week.
The cashback is 10% of your net losses in Sports during Monday–Sunday. Net losses = bets − winnings − bonuses − withdrawals − current balance (including open bets).
Up TO
30%
- Place bets and get up to 30% cashback
If you place a multi bet with 6+ events (min odds 1.50, min stake €20) and it loses, you get 10–30% of your stake back depending on the number of events
Bonus sport
100€
- First Deposit Bonus 100% up to €100
- Weekly Reload Bonus 50% up to €500
- Accumulator Boost Up to 100%
Bassbet offers a new Sports Bonus: up to €100 on the First Deposit, Reload Bonus and Accumulator Boost
The Most Common Types of Cashback
Cashback bonuses are usually based on getting a percentage of your losses back as either cash or a free bet. This is usually between 2.5 and 25%, with this percentage sometimes tied into a sportsbook’s VIP scheme. The higher level you are in the loyalty program, the higher your cashback percentage.
Cashback is sometimes tied to betting on a specific event – for example, the Cheltenham Festival or the Football World Cup. Again, the T&Cs should state exactly what is expected from each offer. A good example is ‘get your stake back if your horse finishes second’ in a particular horse race. Note that offers like this often have a lot of conditions attached to them including the odds needing to be greater than evens and the race having at least four runners in it.
Tiered cashback is something else that sportsbooks offer. Here, the percentage cashback you receive depends on how much you spend. For example, if you bet under €100, you may get 5% cashback but if you bet over €100, it could be 10%.
Acca Insurance is another popular type of cashback. This is where you get your stake back if one leg of your accumulator bet lets you down. There are often T&Cs attached to acca insurance, such as a minimum number of legs in your parlay, while each leg of the bet must have minimum odds.
Cashback bonuses are popular as they are easy to claim, the T&Cs tend to be generous, and they can be used across various sports and markets. It is essentially having free money to play with, allowing you to experiment with your betting choices. Despite this, it is still important to gamble responsibly and read the terms of the offer thoroughly.
How To Claim Cashback at a Sportsbook
Claiming cashback at a sportsbook is pretty straightforward. Just follow these simple steps:
- Scour through our list of recommended bookmakers to see which ones offer cashback. If you cannot find any information, or if want more details, contact the sportsbook’s customer support team. Don’t forget to consider a sportsbook’s VIP or loyalty scheme too.
- Click on our affiliate link to go to the sportsbook of interest.
- Register at the sportsbook by clicking on the ‘Register’, ‘Join’, or ‘Sign Up’ button. This can usually be found in the top-right corner of the homepage.
- Enter your personal information and go through any KYC checks if required. This will allow for quicker withdrawals of any winnings in future.
- Deposit money into your account using your payment method of choice. Check to ensure cashback is available for such a payment option.
- Choose your sports market of interest, click on the odds, and place your bet.
- Should your bet lose, your cashback should be credited automatically. This may be immediate or after the designated timeframe of the cashback offer.
Cashback Bonuses – What You Need To Know
When claiming a cashback bonus, there are some important things to consider. These include:
Conclusion
Cashback is quite a common offer available at sportsbooks. It can form part of a welcome offer, or as part of a loyalty scheme. It can also be used to encourage betting on particular sports and events.
The main advantage of cashback is it’s ongoing, as opposed to the one-off nature of welcome bonuses. This means they are good for customer retention and enable a bookmaker to form a relationship with their punters by promoting continual play. This is particularly true if a cashback offer is tied to a loyalty scheme.
Cashback is also a concept that’s easy to understand. However, it is wise to read the T&Cs thoroughly as restrictions often apply.
FAQS
What is cashback?
Cashback is when a sportsbook gives you money back, usually as a percentage of net losses over a stated time period.
What percentage is common for cashback?
This can vary. It’s usually between 2.5 and 25%, but a number of factors affect this. These include how much you have deposited or, if cashback is tied to a loyalty scheme, your level in that scheme.
Which bookmakers offer the best cashback offers?
The right cashback offer is the one that works best for you. We recommend scouring through our top bookmakers to get an idea of some common cashback offers.
What should I consider when claiming cashback?
There are a few things you need to consider when claiming a cashback offer at a bookmaker. Firstly, are there any deposit limits and does the payment method you choose matter? What are the minimum and maximum limits, and over what time period does the cashback apply? Is the cashback only on certain bets, or is it more general? Does the cashback come in the form of free bets or actual money in your account? And finally, are there any wagering requirements you must honour before you can withdraw your funds?
Is cashback the same as a rebate?
At the most basic level, cashback is the same as a loss rebate, with rebate the more common term in the United States.