A reward that returns a percentage of your wagered coins back to your account, commonly offered at crypto-focused sweepstakes casinos.
Rakeback is a loyalty reward where a percentage of your total wagers is returned to your account, regardless of whether you win or lose on individual bets. Originally from poker (where the 'rake' is the house commission), rakeback at sweepstakes casinos works by crediting a percentage of all coins wagered back to the player. Stake.us popularized this model with their rakeback system that can return a portion of wagered coins periodically. Rakeback rates typically range from 5% to 15% and may increase with VIP tier level. This differs from cashback, which usually applies only to net losses. Rakeback effectively reduces the house edge for frequent players.
Rakeback returns a percentage of your total wagered coins back to your account over time, regardless of individual game outcomes. It effectively reduces the house edge for regular players.
A loyalty rewards system at sweepstakes casinos offering tiered benefits like exclusive bonuses and faster redemptions.
The act of placing bets or staking virtual currency on casino games at a sweepstakes casino.
The prize-eligible virtual currency at sweepstakes casinos that can be redeemed for real cash prizes after meeting playthrough requirements.
The mathematical advantage the casino has over players on any given game, expressed as a percentage of each wager.
