Best Cashback Betting Sites
Online betting platforms compete hard to attract new users and reward existing ones, with one of the most popular promotions being the cashback bonus. This type of promotion allows bettors to recover a percentage of their losses, usually every week. It provides a safety net that can be highly beneficial for both new bettors and those with more experience. Below, is an overview of the top bookmakers that often provide a cashback offer or include several promotions with this type of bonus.
Written by:
Will Trent
Updated on:
- July 16, 2025
Overview of the Best Bookmakers with Cashback Bonuses
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What is a Cashback Bonus?
Cashback is a bonus where players receive a percentage of their lost bets back as bonus funds or real money to continue placing their wagers. It’s not like traditional deposit or no deposit bonuses, which reward users based on their deposits. Cashback acts as a safety net, reducing risk while online betting. Loss recovery is a feature that allows players to get back a part of their lost bets. The bonus is usually percentage based, with the common range being from 5% to 20%, depending on the online bookmaker. Some cashback promotions provide real money that can be withdrawn, while others require further betting. Plenty of these promotions are available on a weekly or monthly basis, applying to various sports betting markets.
Cashback bonuses are more attractive to bettors who engage in high-risk betting activities, as they provide an additional level of security. Also, many players prefer cashback bonuses over traditional welcome offers because they apply to ongoing gameplay rather than just the first deposit. Additionally, these bonuses are commonly featured in loyalty programs, rewarding regular users with consistent returns. Platforms offering cashback promotions often have tiered reward systems, where players can unlock higher cashback percentages based on how often they bet. For online bettors who want to discover some new and different betting markets, cashback promotions can be a great way to reduce losses while exploring new strategies of placing wagers.
How to Get a Cashback Bonus
Cashback is a straightforward bonus, making it an accessible option for bettors of all levels. These promotions allow you to recover a part of your losses, giving you more opportunities to continue betting without added risk. Follow these steps to claim it:
- Choose an online betting site that offers cashback.
- Sign up & deposit: Create an account and make a deposit.
- Choose cashback: Some platforms have several bonus options. Choose the cashback option to claim it.
- Place your bets: Wager on the available online sports betting markets.
- Claim your cashback: The bonus is credited based on the bookmaker’s timeframe.
- Check the terms and conditions: Before claiming any cashback promotions, check to understand the eligibility and wagering requirements.
- Use the bonus or withdraw it: Depending on the terms, you can either place further bets or withdraw it.
The Events and Markets That Can Be Played
Pre-match and live betting markets are often eligible for cashback promotions, giving bettors flexibility in how they place their wagers. Single bets and accumulator bets may be included in these offers, depending on the online bookmaker’s policies. Some popular sports where cashback offers can be found are:
- Football: Online bookmakers offer cashback on most major tournaments including the Champions League, Premier League and World Cup. A range of markets are covered including match results and goal totals.
- Basketball: Popular leagues such as the NBA, EuroLeague, and FIBA tournaments often include cashback incentives for spread betting, over/under totals, and outright championship winners.
- NFL: American football fans can find cashback promotions on major events such as the Super Bowl, regular season matchups, and playoff games covering point spreads, moneyline bets, and prop wagers.
- Rugby: Cashback deals are often available for major competitions like the Rugby World Cup, Six Nations, and club leagues. These mitigate some losses on wagers on match winners, handicap betting, or total points.
- Tennis: In tennis betting cashback is available for ATP, WTA, and Grand Slam tournaments. Popular bets covered include match winners, set scores, and live in-play options
Pros
- Cashback bonuses reduce betting risk by giving bettors the chance to recover a part of their losses.
- Cashback offers encourage continued play by helping bettors extend their bankroll longevity.
- Many cashback promotions cover a variety of markets, both outright and in-play.
- Cashback bonuses often come with very small wagering requirements, making it easier to convert bonus funds into real money.
- VIP players and high rollers can also benefit from higher percentages and exclusive cashback offers.
Cons
- Not all cashback bonuses are withdrawable. Some require additional wagering before funds are eligible for withdrawal.
- Cashback deals are sometimes limited to specific bets or markets, excluding certain odds or bet types from eligibility.
- Some online bookmakers require users to opt in before they can take advantage of cashback promotions, meaning bettors must be proactive in claiming these offers.
FAQS
What is a cashback bonus?
A cashback bonus is a promotion that allows bettors to receive a percentage of their lost wagers back. This is typically on a weekly basis.
How do I claim a cashback bonus?
Once you meet the criteria, cashback is credited to your account automatically as bonus funds or real money. Sometime you may need to sign up for cashback ahead of time, so check the sportsbook’s terms and conditions.
Are cashback bonuses only available for sports betting?
No, cashback bonuses can apply to casino games too.
Can I withdraw my cashback bonus immediately?
It depends on the online bookmaker’s terms and conditions, so check these before opting for a cashback offer.
How often are cashback bonuses available?
Many new bookmakers offer weekly or monthly cashback promotions. Check the T&Cs on site.