Last updated on November 21st, 2022
Cashback Bonus
Online sports betting became legal for the state of New York and the bookmakers are getting the license and registration to launch online sportsbooks in the state. As the law changed recently, only since 2019, online betting operators are providing all the time new offers for the platforms to be more tempting and for the bettors to become familiar with. The cashback in not the same popular amongst the other bonus options like free bets and deposit bonuses. A cashback bonus has a different way to be claimed as it is the option for the player to get the refunds in cash and recently the online sportsbooks available in New York started to include it in the offered bonus options, as more and more bettors are looking for it.
Best Sports Betting Sites in New York with Cashback
- One of the easiest platforms to use
- Excellent mobile app
- Great odds offered, appearing with display preferences
- Great variety of sports markets.
What is a Cashback Bonus?
The variety of bonuses in the legit online sportsbook in New York is great, although the authorities started to give license and registration to online sportsbook recently, only since 2019. Cashback bonus is one of the many types of offers and bonuses available after the player completes the registration in the platform like the no deposit bonus or the free bets. Cashback bonus works a bit more directly and a bit different compared with the rest of the bonus types as it has to do with the cashback the bettor takes his refunds straight in cash, with very simple conditions.
But what is a cashback bonus exactly? This kind of bonus has to do with the refund of the bettor, in form of cash, for a specific amount of his losses. No free bets, no credits for the platform, but an amount of cash. Depending on the online sportsbook cashbacks are more often offered for particular periods of time and not for the single bets, like a sportsbook providing a cashback bonus for a day, to give the bettors the refund for a 20% of their losses.
It’s not very difficult to discover the cashback bonus: in a New York online sportsbook you bet $1000. With the cashback bonus in 20% the player receives back $200 of those which he lost. This type of bonus reduces a lot the risk for the player of losing a big amount during the online sports betting experience and it comes straight in cash and no other site credits involved, instantly available to withdraw, without to require any play-through rules to follow.
You will find this offer available in some loyalty programs of several sports betting platforms for the existing users and very rarely for the new members. Unfortunately a cashback bonus comes only in case of several losses and only as a percentage, not a full refund. Also the time limit for a cashback, like 24 hours, is a bit strict this particular bonus is a lot helpful especially during a period with enough lost bets, for the player to recover even some of the amount which he placed for bets. Despite these, it still is a reduced risk and loss. For now it is a bit difficult to discover cashback bonus in a New York sportsbook, but some bookmakers already started to offer and more will follow.
How we can get a Cashback Bonus?
The cashback bonus has already started to gain several betting fans, as it is a refund straight in cash amount and can be immediately withdrawn after received, without play through conditions or credits only for the platform. Despite the rapidly increasing preference amongst the players, for now it is still a bit difficult to discover cashback bonus in a sports betting online platform, even if in New York State there are some bookmakers providing this bonus type.
So, to get a cashback bonus t first you must join an online sportsbook which includes the particular bonus to claim. As the cashback bonus is available only for some particular and a lot popular sports betting markets and events, like Super Bowl or specific days for NBA calendar, look always in the promotions section in the sportsbook of your choice to stay up to date about what is a cashback bonus coming next. Check also the loyalty programs and the VIP options provided by your bookmaker.
Cashback bonus has more to do with the existing members of the platform and for that fact plenty of times is included as a special offer in loyalty or VIP programs. It may be a bit rare for now, but this is not a reason to not discover a cashback bonus in a legit sportsbook in New York and of course to claim it!
Sports Betting Sites in New York with Cashback
With the online sports betting being allowed recently for the state of New York, the licensed bookmakers launched all the newest and most popular features in the state. The legit online sportsbooks for New York are plenty and despite the fact that a cashback bonus is a bit rare to find because of the big advantages that it has, the betting operators in New York already started to show to the bettors of the state what a cashback bonus is. Some of the betting sites which are providing the particular bonus to their bettors are the following:
- WynnBET: A famous online sportsbook like WynnBET could not stay without providing cashback bonus to the bettors who chose to join the platform. Up to 30% refund is available in specific days and particular sports events to claim that bonus.
- PointsBet: PointsBet is specialized in online sports betting and with the exclusive Point Betting system the platform includes the option of cashback bonus, as in most of the operators available only some particular dates and for specific dates, for their bettors to refund some of their cash.
- BetMGM: Cashback bonus is available in the platform of BetMGM in New York often enough, with high percentages of refund cash based on the sports markets and the events that happening.
- BetRivers: One more sports betting platform in which you can discover a cashback bonus is BetRivers. The very well known brand provides also this refund to their members in regular base including several sports events in popular markets, with different percentage of refund to claim, depending on the existing offer.
The cashback bonus because it’s refund straight in cash, is difficult to be found and one of the reasons for that is the time limit that the betting offer exists, combined with the limited amount of markets. For that check the tab with the bonuses and promotions of the sportsbook of your choice, but also the loyalty and VIP programs offered to stay up to date and not miss any available cashback bonus provided by the bookmaker.