Rakeback

Rakeback began in online poker. In cash games the poker room keeps a small cut of each pot, called the rake. Rakeback returns part of that rake to the players who paid it, typically 10% to 50% depending on your level or VIP status.

1Win, for example, offers Up to 50% poker rakeback every Monday.

Crypto casinos borrowed the idea for casino games. Instead of rake, they calculate the house edge on your wagers and return a share of it. If you wager R10,000 on a game with a 3% edge, your expected cost is R300; 10% rakeback would return about R30, whether you won or lost.

That last point is the key difference from cashback. Cashback refunds a share of net losses over a period, so you get nothing in a winning week. Rakeback is based on volume, so it rewards play regardless of results. Both lower your effective cost but neither removes it.

A few things to check: whether rakeback is paid as cash or as bonus funds, how often it’s credited, and whether it’s tied to a VIP scheme that rewards you for betting more. Never increase your play just to earn more rakeback; you’ll always lose more than it returns.

Compare offers on our crypto bonus and cashback bonus pages, or read the crypto casino guide.