The Best Cashback Bonuses for IPL Betting in India

Last Updated: December 5, 2024 10:33 AM.

Cashback Bonus

Cashback is something that any player likes, so betting experts have done a thorough analysis to help you choose the best cashback offers. These are some of the most lucrative bonus offers, as they allow users to get back some of their lost funds, thus motivating them to keep betting. So don't waste your time vainly, study the analysis prepared for you and choose your cashback bonus.

Best Cashback Betting Sites for 2024

1

BC Game

4.8

★★★★★

Welcome bonus

1080% for Four First Deposits

2

4rabet

5

★★★★★

Welcome bonus

700% up to ₹90,000

3

1Win

4.67

★★★★★

Welcome bonus

500% up to ₹170,000

4

Stake

4.21

★★★★★

Welcome bonus

200% up to ₹1,000,000

5

Dafabet

4.59

★★★★★

Welcome bonus

200% up to ₹20,000

6

Parimatch

4.63

★★★★★

Welcome bonus

150% up to ₹20,000

7

1xBet

4.72

★★★★★

Welcome bonus

120% up to ₹33,000

8

Rajbet

4.55

★★★★★

Welcome bonus

100% up to ₹100,000

9

Tez888

5

★★★★★

Welcome bonus

100% up to ₹20,000

10

Satbet

4.61

★★★★★

Welcome bonus

100% up to ₹10,000

What Is Cashback and How Does It Work?

Cashback is a type of bonus that returns a portion of lost bets back to your account. Cashback bonuses are a favorite among Indian bettors, as they allow you to get back between 3% and 100% of your lost funds. This refund can be credited as real money or as a free bet. Cashback bonuses work according to a simple scheme, i.e. if a player loses money on bets, a part of these funds is returned to him, allowing him to bet again and increase the chances of winning.

Pros and Cons of Cashback Bonuses in Betting

Quality cashback bonuses have their pros and cons that are worth considering in order to make an informed choice:

  • Reduce risk by returning a portion of losses;

  • Encourage continued play by motivating users;

  • Refund a portion of the funds even if the bet fails.

Cons

  • It may be limited by bet type or specific tournament;

  • Return percentages are often low, limiting the potential benefit.

Top 10 cashback betting sites

Now, let’s take a look at the top 10 cashback betting sites, which players from India especially favor. Each offers some of the best cashback bonuses, so let’s familiarize ourselves with them.

1. 1xbet – 30% cashback

Make the most out of betting at 1xbet by betting on your favorite matches. Get a 30% cashback of up to INR 4207 on a deposit of INR 421 through Sticpay. 

  • The cashback is automatically credited after your first deposit and is valid on a daily basis;
  • For wagering, you need to bet 10 times the bonus amount with expresses of at least 4 events with odds from 1.40;
  • Please note that withdrawal of funds is possible only after fulfilling the bonus conditions.
1xBet Cashback

2. Khelraja – 10% cashback

The weekly cashback at Khelraja allows players to get up to 10% cashback on losses every week. To participate, register, bet on any match, and receive cashback on Mondays. 

  • The percentage of return depends on the level of the player, namely Copper and Bronze – 5%, Silver – 6%, Gold – 7%, Platinum – 8%, Diamond – 9%, and Emerald – 10%;
  • The cashback amount can be withdrawn after one wagering; 
  • The promotion is not combined with other offers.
Khelraja Cashback

3. Dafabet – weekly cashback of up to 20,000 INR

At Dafabet, players can get weekly cashback of up to 20,000 INR for betting on cricket matches. You can participate by filling out the VIP registration form. 

  • Place pre-match and live bets with minimum odds of 1.50;
  • Refunds are credited every Monday, with the bonus requiring 1x rollover before withdrawal;
  • A player can activate the next bonus only after fulfilling the conditions of the previous one.
Dafabet Cashback

4. 888starz –  3% weekly cashback

888starz provides users with a weekly cashback of 3% on lost sports bets, with a minimum of 91 INR and a maximum of 81,700 INR. 

  • The bonus is automatically credited every Tuesday on losing bets with odds of 1.5 or higher; 
  • Registered users with a full profile and activated phone number can participate; 
  • Canceled and uncalculated bets are not included.
888Starz Cashback

5. Indibet  – cashback of up to 25,000 INR

Get cashback of up to 25,000 INR by betting at Indibet. The more days a week you play, the higher the cashback percentage:

  • 3 days – 0.1%
  • 5 days – 0.3%
  • 7 days – 0.5%

The minimum deposit is 20,000 INR per week. Bets must be at odds between 1.5 and 3.0. Cashback is credited every Friday with a minimum amount of 100 INR.

Indibet Cashback

6. Megapari – 3% weekly cashback

Get weekly cashback from Megapari 3% on lost sports bets with odds of 1.5 and above. The minimum cashback amount is 92 INR and the maximum is 91,548 INR.

  • Cashback is automatically credited every Tuesday;
  • Only registered users with an activated phone will participate;
  • Canceled, sold, and uncalculated bets, as well as bets on totals and handicaps, are not taken into account;
  • One active bonus per player, with account verification and the possibility of requesting documents for confirmation.
Megapari Cashback

7. ICCWIN – 6.88% weekly cashback

ICCWIN offers Indian users weekly cashback on sports betting with the percentage depending on the level of the player, as follows Bronze and Silver – 3.88%, Gold and Platinum – 4.88%, Diamond – 5.88%, Legend – 6.88%. 

  • The maximum bonus is 35,000 INR, with no withdrawal limits;
  • Cashback is credited every Monday;
  • You must make a deposit within a week to participate;
  • Opposite bets, draws, and canceled matches are not taken into account.
ICCWIN Cashback

8. FairPlay 

FairPlay does not have a permanent cashback bonus, but the bookmaker stands out by offering temporary promotions, including cashback, for major sporting events. This allows users to get additional benefits and return part of the lost funds during the periods when popular tournaments and championships take place. Such cashback offers stimulate players’ activity and give them the opportunity to compensate for some of their losses by betting on the most anticipated sporting events of the year. In order not to miss out on such promotions, it is recommended to follow regular updates on the FairPlay website.

Fairplay Cashback

9. M88 – 0.33% daily cashback

Participate in the daily promotion at M88 and receive cashback depending on your account level:

  • Diamond – 0.33%;
  • Platinum – 0.28%;
  • Gold/Silver – 0.25%;
  • Bronze –  0.22%.

The minimum payout you can claim is 20 INR; there is no maximum limit. Cashback is credited to your main account within 24 hours. The promotion considers only real money and qualified bets, excluding draws, refunds, canceled bets, and bets with odds below 1.50.

M88 Cashback

10. 4Rabet – cashback

4Rabet is undoubtedly one of the most well-known bookies among Indian users, particularly thanks to its promotions. The bookmaker does not offer a permanent cashback, but at the time of major sports competitions, including the IPL, offers users a cashback for betting on matches of these tournaments, which can reach up to 25%. 4Rabet is also known for its prompt processing of refunds, providing cashback within 24 hours after the conclusion of promotions tied to major sports tournaments. These promotions may vary, but are always subject to these rules:

  • The user must be of legal age;
  • Players are not allowed to use more than one 4Rabet account to participate in the promotion multiple times;

Cashback cannot be activated on an account that contains false information about you or does not belong to you.

4rabet Cashback

Types of Cashback Bonuses

Now it’s worth going deeper and figuring out the differences between the different variations of cashback. Each bookie offers cashback offers, which can sometimes differ significantly, which sometimes confuses inexperienced users. Therefore, below you can familiarize yourself with all the most popular varieties of cashback bonus.

Free Bets

Free bets cashback is a bonus in which users receive a refund of part of their lost funds in the form of free bets. The main purpose of this bonus is to reduce the risk of losing by keeping bettors active and encouraging them to keep betting. The main advantages can be highlighted as follows:

  • Helps to offset losses by offering players credits for further bets;
  • Ability to use free bets to increase the chances of winning;
  • Free bets are easy to use.

Such a bonus is suitable for both beginners and experienced users, thanks to the fact that it will reduce the financial burden and get opportunities for new bets.

Risk-Free Bet

Risk-free betting is a type of cashback, in which a player can bet without losing money in case of failure. If such a bet is lost, the amount is returned to the user’s account in the form of bonus funds or betting credits. Such a bonus will potentially give you confidence when placing bets and give you the opportunity to try new markets or strategies without fear of losing your investment.

  • Reduced risk of losing money on new or complex bets;
  • Opportunity to recoup some of the amount lost in the form of bonus funds;
  • Suitable for testing new strategies or bets without financial consequences.

Daily/Weekly/Monthly Cashback

In such cashback promotions, players receive a refund of part of the lost funds for a certain period: a day, a week, or a month. Among the advantages of such a bonus it is worth highlighting the following:

  • Regular compensation of lost funds helps to manage the budget;
  • Creates an additional incentive to play regularly;
  • Increases user confidence in the bookmaker thanks to the returns.

Such promotions are reminiscent of casino cashback systems, where players receive a portion of their lost money at the end of an agreed period.

How to Use Cashback?

Now let’s get into how to use the cashback bonus. Each bookie has its own specific rules on the use and accrual of bonuses, but there are general principles that are similar on each site. Believe, even if you are a beginner, it is not difficult at all, especially if you familiarize yourself with the guidelines in advance:

  1. Choose the site of the bookie you like the most;
  2. Look for the registration button and click on it to open the registration form;
  3. Fill in the registration form with all the required data;
  4. Make a deposit using any of the payment systems available on the site;
  5. In the promotions tab select the cashback bonus and fulfill its conditions;
  6. Make a confirmation bet using the minimum required odds;
  7. After all the necessary conditions are fulfilled, you will receive a part of the funds in your bonus or main account.

How Do We Rate Betting Cashback Offers?

Previously, you could already familiarize yourself with the best cashback offers. However, it is worth understanding what criteria experts use to select these offers and how they are evaluated. Let’s take a look at what experts rely on when evaluating bonuses:

  • Cashback percentage – The higher the cashback percentage, the obviously more attractive the bonus is for the player. Offers with a high percentage of cashback allow you to get back a significant portion of the lost funds, which is one of the most important things when evaluating a bonus;
  • Terms and Conditions of Receipt – Experts pay attention to the minimum deposit required to participate and the maximum refund amount. The simpler the conditions, the more accessible the cashback is to a wide audience;
  • Transparency and requirements – The presence of terms and conditions, such as mandatory betting odds or restrictions on certain types of bets, can affect the evaluation of the bonus. Experts try to select offers with clear and understandable terms of use;
  • Frequency and regularity of the bonus – An important factor is how often the cashback is offered – daily, weekly, or monthly. Regular bonuses allow players to compensate for their losses more often and increase their trust in the bookmaker.

Where to Find the Best Cashback Bonuses?

You can find good cashback offers for yourself by knowing where to look. Let’s break down where Indian users can find the best cashback deals:

  • Official bookmaker websites – Visit the promotions and offers sections of IPL betting sites. Numerous sites promote cashback benefits for new as well as existing clients and alter their offers regularly;
  • Specialized portals and ratings: There are a lot of websites on the internet that focus on evaluating and ranking bookmaker offers. These tools assist in locating the best possible cashback deals by thoroughly outlining the terms and contrasting the benefits offered by various operators;
  • Social networks and forums: Websites such as Facebook, Reddit, and Telegram can be helpful for sharing feedback and information regarding actual cashback. Users recommend the finest deals and share their thoughts;
  • Newsletters and notifications – Sign up for betting sites newsletters to receive up-to-date information about new cashback promotions. This is a convenient way to keep track of bonuses and not miss out on lucrative offers.

Other Types of Bonuses That May Interest Indian Bettors

Of course, cashback is not the only type of IPL betting bonus that Indian bettors can take advantage of. Bookies offer many different promotions, which in one way or another help users increase their potential profit. Let’s look at a few other equally popular betting bonuses:

  • Free bets – These are bonuses that you can use to place part or all of a bet within the total amount of the free bet bonus given to you;
  • No deposit bonuses – Such promotions allow you to get certain benefits without depositing money and give various rewards, mostly free bets or real money;
  • Sign-Up Bonuses – This is probably the most common type of bonus that gives some sort of benefit to newcomers. It is often a deposit bonus, which is divided into several parts and gives you bonus funds depending on the amount of your deposit;
  • Cash Out Bonuses – These bonuses will give you one benefit or another when you make a withdrawal. For example, a bookmaker may partner with a certain payment system that will give you bonus funds when you withdraw through their system.

Conclusion

Cashback bonuses are a very favorable offer, which can give you motivation and not despair in case of failure. Yes, of course, in most cases such bonuses do not return the majority of lost funds, but even a small cashback will give you more confidence and financial safety.
As for the choice of cashback, of course, it is worth to approach it responsibly. If you want to choose a good bonus, you should pay attention to the bookmaker’s licensing, offered percentage of cashback, minimum deposit, long validity period, low wagering requirements, and other criteria that were mentioned in this review. If you don’t want to analyze it yourself, you can use the list of best cashback sites that were provided in this review.

Frequently Asked Questions about Cashback Bonus

If you still have any questions about cashback bonuses on betting sites, you can read the answers to frequently asked questions on this topic.

Which bookmaker offers the best cashback bonus?

One of the best cashback offers highlighted by betting experts comes from Megapari, which offers Indian users a cashback that can return up to 91,548 INR.

Which betting app offers the best cashback bonus?

Among the betting offers, we can mention 888starz with their cashback that can help users win back up to 81,700 INR.

What happens if I win a free bet?

If you win a free bet, you will receive the winnings without taking into account the amount of the bet itself. For example, if the free bet was for 1,000 INR and the win ratio was 2.0, you will receive 1,000 INR net winnings.

Can I withdraw the сashback bonus?

Yes, the cashback bonus can be withdrawn if all the conditions of the promotion are met. Usually, these include minimum betting odds, the amount of funds to be transferred, and other requirements specified in the terms and conditions for using a cashback.