Any refund between 20%-30% is good, but you shouldn’t consider a cashback bonus that gives you less than a 10% refund. The amount you’re getting back – Since you’re not actually receiving a bonus but a refund, you need to consider the percentage that the sportsbook has advertised. Here are a few things that you should look for when you’re choosing an online cashback bonus: What To Look For When Choosing An Online Cashback Bonus?Įven though cashback bonuses are rare, you still have to consider several factors instead of jumping on the first money-back offer that you see. Still, there are a lot of instances where a sportsbook will advertise cash-back refunds for certain single wagers. When a sportsbook does offer a cash back bonus, they usually tend to provide refunds for specific periods rather than for a single bet.įor example, a sportsbook or casino may give you 30% of your money back for losses incurred during a 24-hour period. That very reason is why cashback bonuses are rarely offered by sportsbooks.
When you opt for this offer, you’ll receive a certain percentage of your losses in the form of cash, not site credit or free bets.
Cashback bonuses tend to deal with refunds.