Smart Live Casino is giving players a portion of their lost bets back in a unique new casino cash back loyalty program.

If casino losses take as much of a bite out of your desire to play as they do out of your wallet, then SmartLive Casino has an incentive that just might soften some of that blow.

With what the site sweetly refers to as your Smart Live Safety Blanket, any wagers you lose qualify for a portion returned to you as cashback into your SmartLive account as long as that money was deposited directly into your casino wallet and not transferred into it.

In order to be eligible for this offer, you must not have withdrawn any winnings from your account that month. Once you withdraw any winnings from a SmartLive Casino account, you are ineligible for cash back on losses for that month.

The amount of cash back given to you varies depending on the size of the deposit. You get 2% of your losses credited back to you if your deposit was £500- £1,000; you get 3% of your losses credited back to you if your deposit was £1,000- £2,500; you get 4% of your losses credited back to you if your deposit was £2,500- £5,000; you get 5% of your losses credited back to you if your deposit was £5,000- £10,000; and you get 7% of your losses up to £1,500 credited back to you if your deposit was over £10,000.

In order to request the cash back you have coming to you, you must contact the Smart Live Casino team after you have lost the full amount of your deposit.