What is a Cashback Bonus
The BettingRanker team brings a wealth of expertise to the evaluation of betting sites offering cashback bonuses. Our in-depth analysis focuses on the overall value these bonuses provide to punters, including the fairness of terms and the ease with which punters can claim and benefit from the cashback. By examining a variety of key factors, we ensure our Kiwi readers are informed about the best cashback bonus offers available. To explore top-rated betting sites, check out our comprehensive guide.
Rollover Requirements
Cashback bonuses may come with rollover requirements, which dictate how many times the cashback amount needs to be wagered before it can be withdrawn. We assess these requirements to ensure they are fair dinkum and do not put the hard word on the punter, making the cashback genuinely beneficial.
Minimum Bet Slip Odds
Minimum bet slip odds for cashback bonuses refer to the lowest odds at which bets qualify for cashback. Our evaluation considers whether these odds are practical, allowing punters to place bets on a range of markets without being restricted to high-risk options like backing the All Blacks to lose.
Time Restrictions
Time restrictions on cashback bonuses define the period within which punters must place bets to qualify for cashback or the time frame in which the cashback must be used. We look for offers that give Kiwis ample time to make the most of their cashback without feeling like they're in a flat out race.
Single or Multiples
We examine whether cashback bonuses apply to single bets, multiples, or both. Flexibility in this area is important, as it allows punters to tailor their betting strategy to their preferences and maximise their chances of receiving cashback.
Max Bonus Winnings
Some cashback bonuses may cap the maximum amount players can win from using the bonus. Our reviews highlight these caps to ensure they are fair and allow Kiwi players to still achieve significant winnings from their cashback.
Types of Eligible Markets
The range of markets eligible for cashback bonuses significantly affects their appeal. We prefer sites that offer cashback on a wide variety of sports and events, providing punters with numerous opportunities to benefit regardless of their betting interests. This includes popular sports in New Zealand such as rugby, cricket, netball, and horse racing.
Max Stake Percentage
Max stake percentage refers to the maximum portion of a punt that can contribute towards earning cashback. Our analysis ensures that this percentage is set at a level that encourages sensible punting while allowing players to take full advantage of the cashback offer.