Crypto Casino Rakeback Bonuses 2024

Crypto Casinos with Rakeback Bonuses 2024

1

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Many players are well familiar with the concept of ‘cashback’, but in the gambling industry, there’s another term you might encounter: ‘rakeback‘. What exactly is it?

Rakeback works much like cashback but with a different calculation method. While cashback is based on your losses, rakeback percentage is calculated on the total bets you place.

In this article, I’ll explore the specifics of rakeback, help you to understand its mechanics in online poker, and discuss various deals at the best bitcoin casino sites. Let’s get started!

What is Rakeback In Gambling?

Rakeback is a reward system where you can get back a portion of your bets (rake) in various games, most often in poker. The rake represents a form of commission that poker providers (or other betting operators) charge for running the game and allowing users to play against each other. In poker games, it’s a small part of the pot in each hand.

The amount of rakeback a player can receive depends on both the crypto casino policy and the specific game. For example, if a bitcoin casino site offers a 30% rakeback on its online poker games, and you bet $100, you may receive $30 as a rakeback bonus.

The rakeback percentage differs in various online casinos and poker rooms. It generally falls between 5% and 20%, but some other promotions may offer even higher percentages.

So what is rakeback in betting? This is an incentive for loyal players. Some platforms may offer direct rakeback, while others may provide it in the form of points, tournament entries, or other rewards.

Poker Rakeback vs. Casino Rakeback

Rakeback is primarily associated with poker since poker rooms have been using this system for a long time. However, with gambling moving more and more online, many Bitcoin casinos have started to provide rakeback for various casino games. Crypto casinos now offer rakeback on specific games such as blackjack, roulette, or slot machines.

The way Rakeback works in poker and casino games can vary, especially in terms of the calculation method. In poker, rakeback usually reflects a portion of a player’s total rake. In contrast, in casino games, rakeback is usually based on the total amount wagered by the player.

How Does a Poker Rakeback Work?

Each player pays a rake or commission for playing in the hand. The commission size depends on the poker room, game type, table, number of poker players, limits, and other factors. At the end of the accounting period, the player gets a specified amount of the total rake paid. For example, if the rake is set to $200 and the rakeback is 15%, then the user receives $30 of poker bonus in their account.

How is Rakeback Calculated in Poker Rooms?

Poker rooms calculate rakeback in several ways:

• Dealt. Each player participating in a hand receives an equal percentage of the rake amount.
• Contributed. Each player who has made a bet receives an equal percentage. This is one of the most common approaches in poker rooms.
• Weight-contributed. Each player receives a percentage proportional to their total bet amount. The bonus percentage in each poker room will vary. This partially depends on the user’s status, their gaming activities, and the total bet number in tournaments and at cash tables.

How To Get a Rekaback Bonus in an Online Casino?

We have compiled a step-by-step guide for you on how to get a Bitcoin casino rakeback bonus:

1. Find a rakeback deal: Choose the best Bitcoin casino site that offers a rakeback bonus. Look for a licensed casino with a good reputation and positive reviews.
2. Create a player’s account: register at the selected Bitcoin casino and, if necessary, go through CUS verification.
3. Learn the terms: review the promotion’s conditions before playing. You need to know what rakeback amount the crypto casino offers, which games are available if you need to deposit crypto, and what restrictions exist.
4. Claim your bonus: Some Bitcoin casinos automatically award their rewards, while others require you to opt in. Check if this is the case and confirm your consent either during registration or in the “Promotions” section.
5. Play the right games: Enjoy casino games that have rakeback available. It is usually provided for games such as poker, where the online casino takes a small portion of each pot (rake).
6. Get a rakeback bonus: You will usually automatically receive a reward in your account based on the bets number. Payout frequency and bonus amount may vary. Keep track of the amount of rake you generate in your account dashboard.

The exact procedure may vary slightly between different Bitcoin casino sites, but the basic steps remain similar. The main thing is to read the terms and conditions of the promotion and choose the best bitcoin casino for your purposes.

Types of Rakeback Casino Bonuses 

Bitcoin casino rakeback bonus offerings can vary in their forms and benefits. Let’s take a closer look at what you can expect in the best crypto casinos:

• Cashback: money transferred to your account depending on how much you spent on playing (generated rake).
• VIP Programs: points for participating in the loyalty program, which you can convert into other rewards. As a rule, the higher your ranking in the loyalty program, the more rakeback you receive.
• Bonus Funds: extra money that you can use to continue playing, often with special wagering requirements like deposit bonuses.
• Sports Betting Rakeback: percentage of the amount from sports bets (a principle similar to cashback). The sports betting platform can also offer esports rakeback.
• Tournament Entries: an offer of free or discounted participation in poker competitions or other tournaments at a crypto casino.
• Promotional Offers: special rake return promotions during certain periods, events, or for certain games.

The Best Rakeback Bonus Deals in Crypto Casinos

We have collected the best Bitcoin casino rakeback available on the market. Check them out now:

Casino	Rakeback Bonus	Reward (%)
CryptoLeo	VIP Program Rakeback	2% – 8%
BC.Game	VIP Level-Based Rakeback	5% – 15%
Fairspin	Rakeback in TFS Tokens	5%

CryptoLeo Rakeback Offer

CryptoLeo online casino offers a tiered rakeback system within its VIP program. Players unlock rakeback when they reach the Silver Rank. To increase your level, you can receive loyalty points for every 20 USDT of deposit.

• Silver Rank: Monthly rakeback of 2%.
• Gold Rank: Monthly rakeback of 3% and weekly rakeback of 4%.
• Platinum Rank: Monthly rakeback of 4%, weekly rakeback of 5%, and instant rakeback of 8%.

BC.Game Rakeback Offer

BC.Game casino provides players with rakeback as part of its VIP program starting from level 14. You can level up by collecting XP: $1.00 Bet = 1 XP; $1.00 Sports Bet = 2 XP. Their rakeback casino bonus ranges from 5% to 15%, depending on VIP level. The reward is calculated in two ways:

• Weekly rakeback: Bet *1% * 5%
• Monthly rakeback: Bet *1% * 3%

Fairspin Rakeback Offer

Fairspin casino gives rakeback in the form of TFS tokens for playing various games like slots, lottery, live dealers, and blackjack. Users automatically receive this unique play-to-earn asset TFS to their gaming account and can further multiply their tokens using the Hold to Earn program.

How We Choose a Bitcoin Casino Rakeback Bonus

My team and I regularly evaluate the best Bitcoin casinos on the market and study their bonuses. We’ve developed our own strategy for assessing online casinos based on our experience. Therefore, we invite you to look at our step-by-step guide on how we choose the best sites and find the most profitable deals.

Use our experience and take your online gambling to the next level. This is how we do it:

1. We select the crypto casino.

There are many brands on the market, but not all are equally good. We only play on reliable and proven gambling sites that have a license and a solid reputation. You are going to trust the bitcoin casino with your money, so it is important to make sure that it is safe. The site must use top security protocols such as SSL encryption and two-factor authentication. We also prefer that the online casino has a pleasant user-friendly interface and easy navigation.

The good news is: all the crypto casinos we recommend on our site are trusted and safe.

2. We evaluate the bonus terms.

We always carefully assess rakeback offers, paying attention to the percentage, payout frequency, and any restrictions. We check and compare wagering requirements and time limits to find the best promotions available. If Rakeback is part of a VIP program, we look at its overall terms: whether it is profitable to be a member and what other perks players can get within the VIP program.

In addition to rakeback, we also look at what else the casino can offer: welcome bonus, free spins, matched deposit bonuses, etc.

3. We Assess the Game Variety.

We always check if there is a limit on games for receiving rakeback. Some gambling platforms restrict bonuses to poker rooms, while other casinos offer rakeback for playing blackjack, roulette, live dealer games, or even sports and esports rakeback. The more options for gaming activities you have, the more rake you get and the more profitable the promotion is for you.

4. We make the first deposit.

We monitor the available deposit methods, paying particular attention to their diversity, security, and convenience, as well as the variety of cryptocurrencies. We try to make our initial deposit in different ways. We also take into account the speed of processing deposits and the presence of any commissions.

The first deposit allows us not only to evaluate the smoothness of transactions but also to personally experience the games and rakeback system. So we base our recommendations on personal experience.

5. We testing the rakeback system.

We actively play games or place bets, and track how the casino credits its rakeback bonus. This helps us understand the actual returns from gaming activity and the mechanism of its operation.

6. We withdraw our winnings.

As with the deposit, this step allows you to personally assess how fast payouts are, how long it takes for the money to reach your crypto wallet, whether there is a transaction fee, and what withdrawal limit the online casino sets. The best bitcoin casinos offer instant withdrawals.

7. We communicate with the support team

We check the quality of the customer care service on each site: how responsive their team members are and how quickly they respond. This includes evaluating the different support channels they offer, such as live chat, email, and phone support.

Terms and Conditions of Rakeback Casino Bonuses

Like all casino bonuses, the rakeback bonus has its limitations. Finding the best rakeback bonuses involves more than just looking at their percentage. Always carefully read the terms and conditions of promotions. Knowing these aspects will help you make the most of your reward and avoid any surprises:

Minimum Activity Requirements	Some crypto casinos require a certain level of betting activity to claim for rakeback.
Rakeback Percentage	All promotions have a limited percentage of rake, which the platform returns to the player as a bonus.
Games Eligibility	Rakeback may only apply to certain games: it can be slots rakeback or, more commonly, poker room games.
Payout Frequency	The promotion terms define how often you will receive rakeback into your account, such as daily, weekly, or monthly.
VIP Level	Often the rakeback percentage depends on the player’s status in the casino’s VIP program.
Validity Period	There may be a time limit within which you must use rakeback or meet the qualifying criteria.
Withdrawal limits	In some cases, you will have to play a certain number of games before making a withdrawal.

3 Tips On How to Maximize Your Rakeback Rewards

As an experienced gambler, I have 3 useful tips for you on how to get the most from rakeback bonuses in bitcoin casinos. Check them out:

• Frequent Gaming: Play games regularly to collect more rake. Even small but frequent bets will allow you to get more rakeback. This is especially important for recreational players.
• VIP Membership: If you frequently play at the same Bitcoin casino, consider joining the loyalty program. Many casinos generously reward their VIPs. So you can get more rakeback among other promotions, and extra perks like fast withdrawals, special casino products, etc.
• Mixing Bonuses: Look for opportunities to combine casino Rakeback with other offerings like deposit bonuses and free spins to increase your overall benefits.

Rakeback Vs. Cashback: Key Differences

Aspect	Rakeback	Cashback
Definition	A percentage of the game fee returned to the player.	A return of a part of lost funds
Calculation Basis	Based on the player’s total commission from game participation.	Based on lost funds or total spending.
Influence of Game Outcome	Doesn’t depend on the game’s outcome.	Depends on the game’s outcome.
Payment Form	Paid in real money.	Often given as bonus funds.

Pros and Cons of Rakeback Bonuses

Rakeback Casino Bonuses – FAQs