Cashback is a partial refund of your net loss at the end of a fixed period, most often weekly. The net loss is usually calculated simply: the period's deposits minus withdrawals. If the difference is negative, you get an agreed percentage of it back; in a winning week there is no cashback, because there is no loss. Unlike rakeback, which is calculated on turnover regardless of the result, cashback depends solely on whether you ended the period down.
The small print decides the value. Three lines to look up:
- Wagering. Fair cashback comes as real money or with at most a 1× requirement. If the refund arrives as bonus money with a high multiplier, it is an ordinary bonus under a new name. - The cap. Almost every offer has a maximum per period. With a large loss the percentage then becomes irrelevant — always calculate with the cap, not the percentage. - What counts. Some casinos exclude live tables, sports bets or stakes made with bonus money from the loss.
Other things to check: when the payment is made (a fixed weekday or a vague deadline), whether cashback arrives automatically or has to be claimed from support, whether it expires, and whether the percentage is tied to a VIP tier — at the lowest tier the promised number is often noticeably smaller than the one in the advertising.
Cashback does not change the game's maths: it slows losing down, it does not reduce the probability of losing — the long picture still comes from the game's RTP. Current refund offers are on the offers page and each operator's cashback terms are set out in its review in the ranking.