At BetIndia, we curated an extensive collection of cashback bonuses that can help you get money back in your betting journey.
Here, you'll find a wealth of information about the best cashback bonuses at all top betting sites, carefully gathered by our experts.
We know the importance of a cashback bonus and we have done detailed research to present that to you. Within this page, you'll discover insights, details, and everything related to sports cashback bonuses.
You can explore and compare the best cashback offers according to your preferences, all conveniently collected right here on this page.
So what are you waiting for – continue reading about top cashback bonuses now!
What is a Cashback Bonus?
A cashback bonus is a rewarding mechanism offered by bookmakers to provide a partial refund or bonus based on a percentage of the net losses incurred by you over a specific period.
Unlike traditional bonuses that are granted upfront or upon meeting certain criteria, cashback bonuses are essentially a form of insurance against losses, providing a portion of the lost amount back to you.
Imagine a scenario where you place several bets over a week and incur losses totaling INR 10,000 during that period. If the betting platform offers a 10% cashback bonus on net losses, you would receive 10% of the INR 10,000 lost (INR 1,000) credited back into your account as a cashback bonus.
Bonus cashback serves as a form of consolation if you are on a losing streak. They don't eliminate losses entirely, but they soften the impact by providing a percentage-based refund.
The percentage offered as cashback can vary significantly, commonly falling within the range of 3% to 50%.
- Low Percentages (3% – 10%): These percentages offer a modest refund on losses. For instance, with a 5% cashback on net losses of INR 10,000, you would receive INR 500 as a bonus.
- Moderate Percentages (11% – 20%): This range provides a more substantial refund. For example, at a 15% cashback rate on the same INR 10,000 net loss, you would receive INR 1,500 as a bonus. You can find these percentages in medium tiers of VIP loyalty programs.
- Higher Percentages (21% – 50%): These percentages offer significant refunds, providing substantial relief from losses. For instance, with a 30% cashback on the INR 10,000 net loss, you would receive INR 3,000 as a bonus. You would often see this range in the highest tiers of VIP loyalty programs.
Please note that different bookmakers have different terms and conditions related to the cashback bonus they have to offer. Additionally, there is often a minimum deposit attached to cashback promotional offers. Cashback bonuses act as a safety net, making them an attractive offer for you.
What are the Benefits of Cashbacks?
Cashback bonuses offer an amazing incentive for you in the betting world. They offer a money-back guarantee by refunding a portion of losses, reducing the overall risk.
Additionally, these bonuses can enhance your level in the loyalty program, making it even more profitable in the long run.
Let’s have a look at certain advantages that come with cashback bonuses.
- Risk Mitigation: Cashback bonuses act as a safety net, mitigating the risk associated with betting. They provide a sense of security by offering a partial refund on losses.
- Reduced Losses: By receiving a percentage of lost amounts back as a bonus, you experience reduced net losses. This reduction can be significant, especially with higher cashback percentages, cushioning the impact of unsuccessful bets.
- Enhances Confidence: Knowing there's a safety net in the form of cashback bonuses can boost your confidence. It also encourages you to explore various betting options, strategies, and markets.
- Learning and Strategy Development: Cashback offers can serve as a learning tool. They offer an opportunity to experiment with different betting approaches, refine strategies, and learn from mistakes without facing the full financial consequences of losses.
- Flexibility in Betting: Cashback offers provide flexibility in betting choices. You will feel more inclined to take calculated risks or explore new betting markets, knowing you have a safety cushion in the form of cashback rewards.
- Long-Term Value: Over time, consistent use of cashbacks can contribute to your long-term value. Even though you may experience losses, these bonuses can offset a portion of these losses.
Different Cashback Bonus Types
Online bookmakers often offer various types of cashback bonuses, each with its own distinct features and eligibility criteria.
Understanding the various types of cashback bonuses available at bookmakers allows you to choose offers that align with your preferences, and overall strategies.
Explore the different types below and claim the bonuses that suit you best.
This is the most common type, where you receive a percentage of your net losses within a specified period as a cashback. It's straightforward and refunds a portion of the losses incurred.
For example, if you experience net losses totaling INR 15,000 during this timeframe, you would be eligible for a cashback of INR 1,500 (10% of INR 15,000).
At the end of the promotional period, the bookmaker credits your betting account with this cashback amount, providing a partial refund.
No Risk Bet
This is another form of cashback offer that you will find at multiple bookmakers.
A no-risk bet is a type of bonus where the bookmaker refunds your stake or bet amount if your initial wager loses, effectively eliminating all your risk.
Bookmakers often offer this type of cashback as part of the bonus offer, giving you some time to practise before you risk your own money.
Cashback on a Streak of Losing Bets
Cashback on a streak of losing bets is a promotional offer provided by some betting platforms such as 22Bet to mitigate losses for consistent losing streaks.
This offer aims to encourage continued play by refunding a percentage of the total losses incurred over a specified period.
To qualify for this bonus, you must have endured 20 consecutive losses in sports events with the minimum stake amount being INR 166. Do note that the odds must not exceed 3.00 or else you will not qualify for the promotion.
Check out our 22Bet cashback page for more details.
Common Terms and Conditions
Understanding the terms and conditions surrounding cashback bonuses is crucial for maximizing their benefits. These guidelines outline the specifics of the offer, including eligibility criteria, refund limits, and any additional requirements, etc.
Below are some general terms and conditions which come up with bonus cashback. For detailed T&Cs always check the bookmaker’s official website.
- Eligibility Period: Cashback offers typically apply within specific timeframes, often weekly or monthly.
- Minimum Loss Requirement: Some cashback bonuses may require a minimum amount of net losses before the cashback bonus is triggered.
- Cashback Percentage: The percentage of cashback offered varies across platforms and promotions. Higher percentages are attractive but may come with limitations.
- Maximum Cashback Limit: There is a cap on the maximum amount of cashback that can be earned within a specified period, ensuring that the bonus doesn't exceed a certain limit.
- Qualifying Bets: Certain bets might not qualify for cashback For instance, bets placed on specific markets, with minimum odds requirements, or using bonus funds might not be eligible.
- Expiry Date of Cashback: Cashbacks might have an expiration date within which they must be used.
- Wagering Requirements: Sometimes, cashback bonuses come with wagering requirements. This means you must wager the received bonus amount a certain number of times before it can be withdrawn as cash.
- Opt-in Requirements: Some cashback promotions might require you to opt in or activate the offer manually to become eligible for the cashback.
Best Cashback Bonuses in India
In the sections below, we'll highlight some of the best cashback bonus offers available in India.
These offers provide an excellent opportunity for you to benefit from cashback incentives while engaging in sports betting.
Keep reading to discover some of the most rewarding offers tailored for the Indian betting market.
You can maximize your betting journey with an exclusive Dafabet cashback offer specially made for cricket fans like you.
With bets placed on any cricket match, you have the opportunity to receive a weekly cashback of up to INR 20,000!
Whether you wager on pre-match or live events, every cricket bet counts towards this rewarding bonus. You can expect your weekly refund credited every Monday, reflecting both pre-match and live bets made on cricket matches.
To qualify, ensure your bets carry odds of at least 1.50, and once received, the bonus requires a 1x rollover before becoming eligible for withdrawal. Apart from this cashback bonus, the bookmaker has some other great benefits for you as well.
If you are an NBA fan, 10Cric's Weekly NBA Cashback offer is meant for you. Simply log into your 10CRIC account from Monday to Sunday and opt-in to seize this opportunity.
Bet on any NBA market during the season and enjoy the benefit of receiving 10% of your losses back as a Cashback Bonus, up to an impressive INR 5,000!
You can get the 10Cric cashback offer every week throughout the season, ensuring you never miss out on the perks.
Remember, the Cashback Bonus amount must undergo 3 times rollover on sports bets, each with minimum odds of 1.60. Ensure you meet the rollover requirements within 7 days after receiving the bonus to make the most of this offer.
At Rajabets India, you can enjoy Instant Cashback on sports betting. You can benefit from this offer, receiving up to 20% Instant Cashback based on your last deposit.
Here's how it works:
- Deposits ranging from 200 INR to 49,999 INR qualify for a 10% cashback.
- Deposits between 50,000 INR and 89,999 INR receive a 15% cashback.
- Deposits of 90,000 INR or above are entitled to a generous 20% cashback.
The best part? There are no daily or weekly limits. You can claim unlimited cashback on every deposit made. To be eligible for the Rajabets cashback, ensure a minimum of INR 200 deposits and losses within the last 24 hours.
Additionally, have at least INR 20 in your account to claim the cashback. Also, remember to meet the rollover requirements within 7 days, and the Cashback Bonus amount needs just a 1-time rollover on sports bets (excluding handicap bets).