Not all cashback works the same way. Casinos use different structures, and knowing the difference helps you decide which offers actually suit your style of play.
Loss-Based Cashback
This is the most common type. The casino looks at how much you lost over a set period (say, a week) and refunds a percentage of that. For example, if you lost £200 in a week and the casino offers 10% cashback, you’d get £20 back. It’s straightforward and popular with slots players who want a little protection against unlucky runs.
Wager-Based Cashback
Instead of focusing on losses, this version is tied to how much you bet overall. Even if you win more than you lose, you’ll still earn cashback because it’s based on turnover, not net results. For instance, if you wager £5,000 in total and the casino offers 2% wager-based cashback, you’d get £100 back, regardless of whether you finished up or down.
High-volume players, such as those who enjoy table games with lower house edges, tend to benefit most from this setup.
Tiered Cashback
Some casinos reward loyalty by offering higher cashback rates to VIPs or long-term players. A standard player might get 5% weekly cashback, while a top-tier VIP could get 15% or more. These schemes are often linked to loyalty programs or invite-only clubs, so the more consistently you play, the better your cashback rate becomes.
Game-Specific Cashback
In this case, the casino applies cashback only to certain games. A common example is 10% cashback on live dealer tables, where bonuses usually don’t apply. It’s also used to promote new slot releases, with cashback acting as an incentive to try them out. The key is to check whether the games you actually like to play are included, or whether the offer is too narrow to be useful.
👉 Choosing the right type comes down to your playing habits. If you stick to slots, loss-based cashback gives you a safety net. If you play large volumes on table games, wager-based deals might deliver better value. And if you’re a regular at one casino, tiered cashback could become one of the most rewarding perks available.
Cashback in Action: A Simple Comparison
Imagine you’re playing with a £1,000 bankroll. Here’s how cashback might play out depending on the type:
- Loss-Based (10%): You lose £400 in a week → £40 cashback returned.
- Wager-Based (2%): You wager a total of £5,000, finish £100 ahead → £100 cashback on top of your winnings.
- Tiered Cashback: As a regular player, you get 5% cashback on £400 losses → £20. But as a VIP, the same losses return 15% → £60.
- Game-Specific: You lose £200 at blackjack and £200 at slots. If the casino only offers cashback on live dealer games, you’ll only get cashback on the blackjack portion.
This shows why it’s worth checking the fine print. The same session can give you very different returns depending on the cashback structure.