रेकबैक
A reward that returns a share of the house edge on your bets, regardless of whether you won or lost.
Rakeback started in poker, where it meant returning part of the rake a site took from each pot. At crypto casinos it usually means returning a percentage of the house edge on every bet you place, credited instantly or claimed periodically.
Why it matters
Rakeback is paid on volume, not on losses, so you receive it on winning and losing sessions alike. It typically has no wagering requirement, which makes it more transparent than many deposit bonuses. It does not change the fact that you are expected to lose over time; it only reduces the expected loss.
Worked example
You wager $10,000 on a dice game with a 1% house edge. Your expected loss is $100. With 10% rakeback calculated on the house edge, you receive $10, reducing the expected loss to $90.
What to check
- Whether the percentage applies to the house edge or to the amount wagered. These are very different.
- Whether it varies by game.
- Whether rakeback is paid in cash or as a bonus with wagering.