The Week in Australian Time
Monday 00:00 UTC is 10:00 am AEST. So Cashed’s cashback week runs from Monday 10:00 am to the following Monday 9:59 am AEST, an hour later during daylight saving. A live session early on a Monday morning counts towards the week that’s just ending.
Worked Example
You bet A$600 on live tables and win back A$360
- Net loss: A$240
- Cashback: 25% of A$240 = A$60
- Wagering: A$60 once
| Net weekly loss | Cashback |
|---|---|
| A$100 | A$25 |
| A$400 | A$100 |
| A$1,200 | A$300 (cap) |
| A$2,000 | A$300 (cap) |
Past A$1,200 of net loss, the effective rate falls. At A$2,000 it’s 15%.
The Fine Print Worth Reading
Check with support first
Where the 1x counts is unclear.
Cashed’s general bonus terms count live games at 10%, and the cashback terms don’t override that or name a required game type. If the 10% applies, clearing A$60 on live tables takes A$600 of bets, while on pokies at 100% it takes A$60.
- The activation deadline isn’t stated. Unactivated cashback is lost, but the terms don’t say how long you have.
- It can be withdrawn. Cashed can change or end the promotion at any time.
- Read the full terms. The Live Cashback terms on Cashed’s site hold the complete rules, so check them before relying on the offer.
Is It Good Value?
My take
Yes, for low and mid-stakes live players.
A 25% return with 1x wagering, available from VIP Level 1, is a better deal than any welcome bonus Cashed offers.
The limits are the flat A$300 cap, which bigger players hit quickly, and the fact that winning weeks earn nothing. It softens losses rather than creating value from nothing.
Live Cashback is for players aged 18+. Getting a quarter of your losses back can make a heavy week feel cheaper than it was, so set your weekly limit without counting the cashback. Gambling Help Online offers support on 1800 858 858 or at gamblinghelponline.org.au.
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