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Rakeback and cashback calculator

Rakeback and cashback both pay back a share of what you lose on average. Bet £1,000 on 96% RTP slots and you lose about £40 on average. A 10% deal pays back about £4 of that, so your play works out at 96.4% RTP. It softens the house edge; it never removes it. Enter your own numbers below.

Paid back on average

4.00

Betting 1,000 at 96% RTP loses about 40 on average. A 10% deal pays back 4.00, leaving 36, so your play works out at about 96.40% RTP.

Cashback pays on what you actually lose, so a winning month pays nothing. These are averages over a lot of play.

How it works

  • Expected loss = total bet × house edge (100% − RTP).
  • Paid back = expected loss × the deal's percentage.
  • Effective RTP = 100% − (expected loss − paid back) ÷ total bet.

Frequently asked questions

What is the difference between rakeback and cashback?
Rakeback pays a share of the house edge on everything you bet, win or lose. Cashback pays a share of your net losses over a period, so a winning week or month pays nothing. On average over a lot of play, both pay back about the same: the percentage times your expected loss.
How do you calculate rakeback?
Multiply the total you bet by the house edge (100% minus the RTP) to get the expected loss, then multiply that by the rakeback percentage. £1,000 bet at 96% RTP with 10% rakeback is £1,000 × 4% × 10% = £4.
Does rakeback make slots profitable?
No. Even 100% rakeback would only bring the average loss to zero, and real deals pay far less. A deal lowers what your play costs on average; it does not turn a loss into a profit.
Do all casinos calculate rakeback the same way?
No. Some use their own fixed house edge figure, some pay only on certain games, and cashback often carries wagering of its own. Check the casino's terms for how the deal is worked out.

Related

Figures are long-run averages, not predictions, and this is not advice to play. Gambling is 18+ and can be addictive.