We've tested every US online casino with a casino cashback bonus and ranked them for you according to our 100-point review criteria.
Choose your new online casino with a cashback bonus from our curated list below. Not sure how to pick a great cashback online casino? Read on to find out!
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Casino cashback offers are a new type of deal doing the rounds at US online casinos, and they are particularly appealing to players. Instead of matching your money, this type of bonus refunds cash that you've already lost, making it impossible to lose and keeping the good times rolling.
A casino cashback offer or bonus is when a gambling site offers players a deal that refunds a certain percentage of their losses. This is a rare type of casino bonus that's becoming more popular and can be given either as a welcome bonus (termed as risk-free betting) or as an ongoing bonus (usually part of a loyalty program).
A cashback bonus is usually aimed at regular players, who've found a gambling site they love to play at, are loyal to, and make repeat deposits at. While it benefits both high and low rollers alike, the more you spend, the more you stand to get back.
What is a cashback welcome bonus? So instead of offering you a cash match welcome deal, some gambling platforms set a new stride and offer a refund instead. Usually phrased as risk-free betting, it offers all losses refunded across a specific period.
For example, Fanduel currently offers new players who signup and deposit up to $200 cash back on any net losses made in their first 24 hours as a player. All you need to do is deposit, play, and if you don't win, you'll get a second chance to play at the casino!
When casino cashback offers are given as a welcome bonus, the percentage refunded is usually 100. But some generous US online casinos also give cashback as a regular bonus. In this case, the rate is generally lower, say 5-25%, but the period you collect the bonus over is longer. For example, a site might advertise 20% of all losses refunded monthly (payouts given on the last Friday of the month).
As ongoing deals are subject to change, you might find cashback offered at other US online casinos, but right now, the only one we've seen offering this type of bonus often is:
Most cashback casinos work on the loss model, refunding players a percentage of what they've lost. However, this is as a total over the promotional period. Let's look at FanDuel's welcome offer again as an example. The deal's language states that 100% of net losses are refunded up to $200.
So, there's a $200 strict cap, you can't get more in cash refunded than that, and the deal is calculated on net losses, which means your wins are deducted from your losses, and the cashback is given on that amount.
For example:
Technically, you probably won't be complaining if the first scenario comes true, as you've won, but it's essential to know how the site calculates the deal.
Like all bonuses, there are some details to be aware of and elements to compare when taking a casino cashback offer, especially if you want to get the best deal.
Wagering requirements don't usually come with this type of bonus. Why? Because the casino is simply refunding some of the cash you've already spent back to you, they're not giving anything away from their pocket, so you can usually withdraw a cashback bonus as soon as it's granted - should you wish.
You get a second chance to win and play.
It makes losing more fun and less risky.
Your bankroll will last longer.
No wagering requirements.
Most players are eligible and can benefit from this type of casino bonus.
A cashback bonus is when a casino refunds a percentage of your losses over a certain period. The exact details of the deal depend on the casino. If you want a better idea, look at the sites listed on this page; they all offer excellent bonuses.
This is an excellent question because the site has already won your money fair and square, so why bother giving some back? Well, it's all about player loyalty and enjoyment. Online casinos want their players to have a fantastic time playing at their sites (as well as earning your money), so the most generous sites are willing to give some of their profits back to ensure this happens.
TwinSpires is currently our top pick of US online cashback casinos. You can learn more about all the top-notch promotions and games at this casino via our TwinSpires Casino Review.
This depends if you are opting for a cashback welcome bonus or an ongoing deal. The welcome offer is usually 100%, whereas ongoing bonuses are generally between 5-25%; the amount depends on the casino.
Not if you use our site; instead, simply click the "Take Me There" button for any of the online casinos on this page, and you'll automatically qualify for the cash refund deal, no bonus codes, and no faff!