Upsure

Focusing only on the Polish betting market, the cashback concept was slightly disrupted and was adopted as a symbol for risk-free betting, betting sites bonuses. This definition is not entirely wrong, because at the end the player is returned the amount spent, which is entered by the English word “Cashback”. Unfortunately, in this case, this means a timely and legally prescribed limited promotion that allows you to fully return the amount spent, and not a guarantee of a refund of part of the money spent, regardless of what it was intended for. According to Polish rules, in the case of risk-free bets with cashback, customers who use it will receive a one-time refund of the amount spent on this coupon if it turns out to be lost. This type of return also has its limitations.

CASHBACK VIA DEPOSIT AGENTS

Another popular method of receiving a portion of the money spent is the spent cashback obtained through payment agents. These are usually e-wallets that will reward you for returning some of the money transferred directly to your account. Depending on the service chosen, it can offer from 0.1 to 0.5%. Is this a viable solution? Definitely yes, especially if you are a high turnover player. For example, a professional with a monthly turnover of PLN 250,000 can earn up to PLN 1,250 without any catch. It should be remembered that this is not the only advantage of such a cashback. Based on such transfers, you can also get:

  • Automatic upgrade of the status of your loyalty program or VIP-club status
  • Cancellation of fees for transfers, including external
  • Raising transfer limits
  • Ability to receive bonuses for registration, debit cards
  • Getting special support

This type of refund can be offered as a special offer from a specific e-wallet, or it can be offered by a specific bookmaker. Usually, these types of offers can be combined, which makes the whole promotion even more attractive.

CASHBACK, RISK-FREE BETS, CASHOUT AND FREE BETS – ARE THIS ONE AND THE SAME?

The most common mistake is to equate a risk-free bet with a free bookmaker. However, these services are not identical, mainly due to how possible winnings are calculated. In the case of a risk-free bet, winning means paying out the entire winning amount without any deductions. However, when using Freebet, the bookmaker will deduct the free bet from the winnings.

CASHBACK A CASHOUT – TWO DIFFERENT PRODUCTS

A very large number of people, especially beginners, confuse the concept of cashback with the Cashout offer. Cashout is the possibility of early withdrawal of this coupon even before its full payment. With cumulative coupons, Cashout is the payment of a portion of your winnings before all positions are drawn. For single bets. Cashout will consist in the ability to close the coupon before the end of the meeting and receive a refund of part of the money spent. It should be remembered that the Cashout option is not available in all bookmakers and not for all types of bets and sporting events.

DISADVANTAGES AND ADVANTAGES OF BETS WITH CASHBACK – IS IT WORTH USING SUCH OFFERS?

The advantages and disadvantages of cashback betting will depend on what kind of refund you are offered. The biggest general benefits of this type of service include:

  • Ease of receipt – Cashback has a simple policy making it easy to receive
  • Variety of offers – Refunds come in many forms and rules so that everyone can find something for themselves

Unfortunately, like any product, cashback for sports betting has its drawbacks:

  • Wagering Condition – Regardless of the type chosen, it usually has a wagering requirement. In extreme cases, there can be up to 15 revolutions.
  • Combined with other promotions – the return is very readily combined with other bookmaker promotions. This, in turn, makes it difficult to pay out the winning amount due to more conditions.

To summarize, betting cashback can be quite a complex product that can mean a lot. However, the purpose of any offer is to offer you a partial or full refund of your money spent. If you decide to use this service, please read the terms and conditions carefully, especially if it is a promotional offer. Should you use this service? In our opinion, absolutely – it guarantees many benefits and is usually offered on attractive terms.