While bonus rewards can often be enticing for sports bettors, not everyone enjoys receiving them. After all, they frequently come with specific terms and conditions attached to them, so this does restrict the withdrawal process in many cases. That’s why some bettors have much more of a preference for cashback bonuses instead. Essentially, these promise to provide you with a percentage of your weekly or monthly net losses back as real cash. So, rather than being a bonus provided by the site, it’s actual cash that is added to your account. This can then be withdrawn as you like or utilised for placing additional sports bets on the events you enjoy. As an alternative to receiving bonus funds, a cashback option stands out as being a great route to go.
New customers only. 18+, BeGambleAware.org. Min deposit £10. Money back as bonus. Wagering requirements: Sportsbook 3x at min. odds of 1.40 (2/5), Casino 25x. Only one bonus can be used at a time, Sportsbook bonus must be wagered before using the Casino, unless the bonus has been forfeited. Bonus will expire after 7 days of opt-in.
In order to be on the receiving end of a cashback bonus, you need to have signed up to an online sportsbook that offers such. From there, you can deposit and start placing bets as you would normally. A cashback offer will usually require you to opt-in to receiving such, so you’ll need to find the relevant promotion and essentially subscribe to receive the cashback bonus reward. Make sure that you check into the percentage you’ll receive and so on.
So, let’s say that you’ve seen a sportsbook that offers a cashback reward of 15% up to €50 on your weekly net losses. You opt-in to be a part of this and you have deposited and placed bets equating to €200 for the week. Let’s say that you’ve lost €40-worth of your bets for the week. The sportsbook would then credit your account with 15% of €40, equating to €6 in real money. From there, you can utilise that on additional sports bets or opt to withdraw the funds instead.
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