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Guide

What is rakeback at an online casino?

Rakeback is a casino reward that pays you back a percentage of the house edge on every bet you place, whether the bet wins or loses. It is common at crypto casinos and is usually paid instantly, daily or weekly. Because it is based on how much you wager, not on losses, it rewards volume.

By Johnessy · Updated · Figures live from 16,352 recorded bonus opens

Key facts

  • Usual formula: wager × house edge × rakeback percentage.
  • Example: £1,000 wagered on a 96% RTP slot (4% edge) at 10% rakeback = £1,000 × 4% × 10% = £4.
  • Paid whether you win or lose, often with no wagering requirement.
  • Higher VIP levels usually raise the rakeback percentage.
  • Some casinos define rakeback simply as a percentage of the amount wagered; check the terms.

Rakeback vs cashback

Rakeback is paid on what you bet; cashback is paid on what you lose. A player who wins still earns rakeback but gets no cashback. Neither makes a game profitable: rakeback returns a slice of the house edge, not all of it.

Frequently asked questions

Is rakeback worth it?
It is a genuine return on play you would make anyway, but it only gives back part of the house edge, so it never turns a game into a profitable one.
Does rakeback have wagering requirements?
Usually not, but some casinos add a small one. The terms say.
How is rakeback calculated?
Most casinos multiply the amount you wager by the game's house edge and then by your rakeback percentage. £1,000 wagered on a 4% edge slot at 10% rakeback is £4.

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Figures are recorded observations from past live play, not predictions. Gambling is 18+ and can be addictive. Read our responsible gambling guidance and editorial policy.