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Author Topic: Rakeback and promotions for limited time  (Read 432 times)
fiulpro
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June 09, 2022, 02:39:01 PM
 #21

The only time these features are worth it is when you do wager a very big amount systemically over time as well. You have to stick to one casino and at the same time it's more dependent on where you see this playing out, in some places it might be better ofcourse but I personally don't take advantage of such systems since, I don't wager that much and even if you are a VIP at some sites you will get Cashback on almost each and every bet so if you are sticking to a casino then you can definitely take advantage of such systems but for, considering it a psychological trap might be right since it's similar to casinos offering offline rewards and bonuses to make sure they can keep the player hooked.

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June 09, 2022, 03:03:35 PM
 #22

I don't use rakeback because I don't spend a lot of money on gambling and a monthly rakeback of $2-3 with the appearance of additional responsibilities is not of any significance to me. In addition I am not tied to a certain gambling area and can play wherever I want. In my opinion rakeback is a marketing ploy to keep in the casino. I always choose freedom and independence.

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June 09, 2022, 03:15:23 PM
 #23

Some casinos give gamblers the opportunity to earn extra satoshis by rewarding them a small percentage of the total sum of money gamblers have wagered on the platform. It's a kind of cashback feature which greatly varifies in values from one casino to another and depending the game (poker offers the highest rakeback percentages I've seen). Besides this feature, from times to times, special promotions with similar rules and benefits to players may appear aiming to raise the popularity of the website, and incentivizing people to spend more time and money at the casino.

Do you take advantage of these features or do you think they don't worth? Do you have any strategies to play and increase your profit through rakeback or do you just ignore it? By your experience, have rakeback ever been profitable for you?

Any personal experiences you can share are appreciated!

I try not to use these features because of those who misuse (or try to abuse) them draw too much attention to me from the casino. Much safer not to use them. But I heard that the situation in poker is completely different and many professional online poker players live from rakeback, that is, it is their main income. Therefore, their main task is to play as many hands as possible and not go into the red.
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June 09, 2022, 03:49:06 PM
 #24

Do you have any strategies to play and increase your profit through rakeback or do you just ignore it? By your experience, have rakeback ever been profitable for you?
As far as I know the rakeback feature to qualify and be active to get the rakeback bonus bet participants must reach the Bronze VIP level, Rakeback can be said to be a passive income feature that is activated by gambling sites at least 10% of the house edge or more, the bet amount is understood.

Question what percentage of users on this forum who bet reach VIP level and who bet at least 1 BTC, I think 1% who earn and are active on Rakeback feature.

Honestly, if you ask me of course I can't answer bonuses or the Rakeback system is profitable or ignoring, because I gambled not to the level of the Rakeback bonus.

R


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June 09, 2022, 04:10:30 PM
 #25


Do you take advantage of these features or do you think they don't worth? Do you have any strategies to play and increase your profit through rakeback or do you just ignore it? By your experience, have rakeback ever been profitable for you?

That's very rare to take advantage of that bonus feature, small amounts are just a waste of my time, I can do ignoring them . Well sometimes also played once and won from 1 cent to 13 dollars, but then lost again. Personally I don't think the feature is worth it, because also I'm a small of a gambler so cashback or rakeback is just a few cents even far below that.

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June 09, 2022, 04:57:06 PM
Merited by YOSHIE (1)
 #26

Do you have any strategies to play and increase your profit through rakeback or do you just ignore it? By your experience, have rakeback ever been profitable for you?
As far as I know the rakeback feature to qualify and be active to get the rakeback bonus bet participants must reach the Bronze VIP level, Rakeback can be said to be a passive income feature that is activated by gambling sites at least 10% of the house edge or more, the bet amount is understood.

Question what percentage of users on this forum who bet reach VIP level and who bet at least 1 BTC, I think 1% who earn and are active on Rakeback feature.

Honestly, if you ask me of course I can't answer bonuses or the Rakeback system is profitable or ignoring, because I gambled not to the level of the Rakeback bonus.
It depends on the platform. At freebitco.in, for an example, there is the 'reward point' feature, which is guaranteed to the gambler every 500 satoshis he wagers. During promotional days, RP income increases up to x5, what means you earn 5 RPs for every 500 satoshis wagered. That is a kind of rakeback and you don't have to be a VIP or wager a minimum amount of money on the site to be eligible to participate. It's opened to everyone.

1 RP equals to 1 satoshi and can be converted once you accumulate a minimum of 100,000 RPs on your balance.

Besides RPs, there is also a kind of VIP program, since you have to invest in FUN tokens to acquire the official cashback feature, which varies from 0,005% to 1%, depending how many FUN you hold and for how long. To be part of this program you need at least 5000 FUN (about 0,0015BTC investment) and to have access to top benefits you need 500,000 FUN (0,15BTC investment). Cashback is just one item of the program, though. There are extra benefits for holders.

About Stake's VIP program, I'm trying to make my way towards 10,000$ wagered amount in order to unlock the bronze first tier.

I can't deny these features are really tempting...

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June 09, 2022, 05:09:38 PM
 #27

Some casinos give gamblers the opportunity to earn extra satoshis by rewarding them a small percentage of the total sum of money gamblers have wagered on the platform. It's a kind of cashback feature which greatly varifies in values from one casino to another and depending the game (poker offers the highest rakeback percentages I've seen). Besides this feature, from times to times, special promotions with similar rules and benefits to players may appear aiming to raise the popularity of the website, and incentivizing people to spend more time and money at the casino.

Do you take advantage of these features or do you think they don't worth? Do you have any strategies to play and increase your profit through rakeback or do you just ignore it? By your experience, have rakeback ever been profitable for you?

Any personal experiences you can share are appreciated!

Depends on the what kind of player you are...

If you are a regular player, then it is definitely worth it because whatever amount you get back means more games for and more games mean more potential winnings.

If you are a casual gambler then it makes no sense to chase them because the amount you'll get back isn't going to be big enough to make a difference. Since I am not a regular player, I don't really look for them.

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June 09, 2022, 05:24:34 PM
 #28

Do you have any strategies to play and increase your profit through rakeback or do you just ignore it? By your experience, have rakeback ever been profitable for you?
Question what percentage of users on this forum who bet reach VIP level and who bet at least 1 BTC, I think 1% who earn and are active on Rakeback feature.

This is a relevant follow up question. Those bonuses and rewards stack up the more you bet, or if you're in a VIP loyalty program or higher up in the loyalty tier. Imagine taking 10 or even 5 percent of your bet back into your funds by just playing, it's obviously a good incentive to still play. Also, with those amount in play, you probably won't even notice that you reached the quota required to claim the bonuses, too, unlike if you're a regular guy that has to grind to get those few cents back.

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June 09, 2022, 06:08:19 PM
 #29

It depends on the platform.
Maybe I've forgotten something, I didn't realize Robet has a Rakeback feature, there are three levels of Rakeback bonus that I can take Daily, weekly and monthly, I'm going to claim it now.



Maybe, you are right, I misjudged the Rakeback feature only for VIP bettors, in fact no, the Robet site doesn't have to be like that.

I can't deny these features are really tempting...
Maybe, not bad for replaying the bet.

You, reminded me today of the Rakeback bonus, which I almost forgot about. +1.

R


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June 09, 2022, 06:26:28 PM
 #30

As long as I received many offers about Cashback many times, I think there are conditions that must be met so that we can get something like that. Such as at least reaching a certain amount and using cashback bonuses to get maximum results. I always ignore it and really don't really focus on it. For gambling at the casino what I bet on is soccer betting and slot games so I don't really pay much attention to Rakeback promotions.

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June 09, 2022, 08:29:25 PM
 #31

The only time these features are worth it is when you do wager a very big amount systemically over time as well.

In fact, I for example play with small amounts when I get the bonus it's always such a small amount that I even wonder what the hell is that. maybe over time i am increasing the stakes i will receive an amount that i am satisfied

I personally don't take advantage of such systems since

I also don't commit to making bets to benefit from this system, honestly I don't see so much strategic advantage in betting so much money just because of this system

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June 09, 2022, 08:57:08 PM
 #32

Some casinos give gamblers the opportunity to earn extra satoshis by rewarding them a small percentage of the total sum of money gamblers have wagered on the platform. It's a kind of cashback feature which greatly varifies in values from one casino to another and depending the game (poker offers the highest rakeback percentages I've seen). Besides this feature, from times to times, special promotions with similar rules and benefits to players may appear aiming to raise the popularity of the website, and incentivizing people to spend more time and money at the casino.

Do you take advantage of these features or do you think they don't worth? Do you have any strategies to play and increase your profit through rakeback or do you just ignore it? By your experience, have rakeback ever been profitable for you?

Any personal experiences you can share are appreciated!

I ignore such features because I have a small turnover of funds, so these bonuses are small for me to feel any profit from them. In general, I do not strive to receive these bonuses, but if they are accrued automatically, then of course I use them. We all understand that it is much more important to be a profitable player than to receive "consolation" bonuses.

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June 09, 2022, 09:39:10 PM
 #33

Some casinos give gamblers the opportunity to earn extra satoshis by rewarding them a small percentage of the total sum of money gamblers have wagered on the platform. It's a kind of cashback feature which greatly varifies in values from one casino to another and depending the game (poker offers the highest rakeback percentages I've seen). Besides this feature, from times to times, special promotions with similar rules and benefits to players may appear aiming to raise the popularity of the website, and incentivizing people to spend more time and money at the casino.

Do you take advantage of these features or do you think they don't worth? Do you have any strategies to play and increase your profit through rakeback or do you just ignore it? By your experience, have rakeback ever been profitable for you?

Any personal experiences you can share are appreciated!
If a rakeback bonus is available at a casino then without a doubt I will take advantage of it and I will appreciate whatever satoshis I get back, however this is not going to change at all the amount of money I gamble or the time I dedicate to it, simply because the percentage you will receive will always be on the low side, so while some extra satoshis are always appreciated, it should not be enough to force me to change the way I approach gambling in general.
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June 09, 2022, 09:45:53 PM
 #34



Do you take advantage of these features or do you think they don't worth? Do you have any strategies to play and increase your profit through rakeback or do you just ignore it? By your experience, have rakeback ever been profitable for you?

Any personal experiences you can share are appreciated!

Why not claim it since its given to you free for wagering it's not a big amount but it will add to your balance I claim mine on casinos where I play with this kind of feature, Rakeback is never profitable because it's coming from your losses unless you used it and you won a good amount, and don't ever think of Rakeback when you're playing, it will get you off your game, enjoy the game or make money if you're lucky if you lose then wait for your Rakeback, just don't expect a percentage because its wager based.

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June 09, 2022, 10:10:38 PM
 #35

most of these promotions like rakeback could be avoided since doesn't provide any tangible advantage.
maybe you can earn a "small" percentage but this is nothing that could make a real difference.
it something that helps if you like to play even after a withdrawal or to receive free cash.

BUT there is nothing free and it means you're playing with a big house edge or maybe there are more fees for withdrawal and so on...some promotions that could be interesting are related special odds in betting or some kind of bonus deposits. these helps to maximize profits and you can "mix" with other promotions from other site to obtain a decent profit.

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June 09, 2022, 10:47:41 PM
 #36

I'm not much of a poker player so the pros know better about rakebacks.

I think it has nothing to do with specific game such as poker, rakeback available almost in all casino for all kind of games. All gamblers knows about rakeback, no need to be a pro. In very simple explanation, rakeback is just something that you get back based on how much you have wagered on the casino.
Rakeback is an important thing to have in casino, real players cares about it as they can get something back if they lose while wagering or they can get extra money if they win while wagering.
Yes I am somewhat familiar with the term but I often see or read it on poker games. I was hoping some "pro" or someone who plays the game regularly to explain the finer details and so my "know better" comment.

....
BUT there is nothing free and it means you're playing with a big house edge or maybe there are more fees for withdrawal and so on...
Well they have to take the funds for these promotions from somewhere other than their own pockets hehe. It's normal among businesses.

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June 09, 2022, 10:58:52 PM
 #37

Do you take advantage of these features or do you think they don't worth? Do you have any strategies to play and increase your profit through rakeback or do you just ignore it? By your experience, have rakeback ever been profitable for you?

Not that I totally ignored but I just don't mind it. Rakeback is good but since I do sports betting mostly, that is something I really don't care about.

Instead, it's more of an advantage and benefit to those users who are an enthusiast or addicted to gambling in casino games. It's good to see that while they are risking their chances at luck-based casino games, there are a Rakeback and other promotions that are waiting for them.

Of course, don't focus on Rakeback why we gamble. Just consider it as a benefit but we have to focus on winning.
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June 10, 2022, 05:49:42 AM
 #38

I also ignore rakeback.  The presence of an additional reward can seem very tempting and inspire the player. 

However, this is a psychological trap. 

Playing at an online casino requires a lot of concentration.  When I play, I use my own game strategies.  Following my own tactics and strategy in gambling improves my chances of winning. 

I cannot deviate from my plan due to the presence of an additional reward.  This can lead to negative consequences. 

I do the same and I agree 100% with what you are saying. Often you end up losing more because you want to get the rakeback than if you had played with full concentration, so it is not profitable. Not to mention if you, as a result of playing more and wanting to reach a target in a given time, get tilted.

It is better to play your best game and the rakeback is a little extra.

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June 10, 2022, 07:43:21 AM
Merited by famososMuertos (1)
 #39

I do not ignore it.... but I tend to forgot about it... and then when you are down and looking for more money, you start looking around for commission on referrals or your Rakeback...and then you suddenly have a balance again to gamble with.  Grin

I have noticed that Stake.com has decreased their Rakeback with 50% in this last week, so I am not going to worry much about taking the Rakeback at Stake for quite some time. (let it build slowly and take it when I am in the red)  Roll Eyes

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June 10, 2022, 01:56:25 PM
 #40

Cash back vs. rakeback
They are almost the same, but they vary according to how they are applied: I recently played in a casino that returned "cashback" up to $50 for losses,  immediately.

They can not be ignored, at least not if you are every day or average in a casino.

Then you have to know how much the rakeback is and how it is achieved, sometimes the benefit is presented in different ways.

In Poker, rakeback is fundamental, the bad thing is that it is usually paid at the end of the month or when it corresponds, it is not a reward that is immediately available.

Then if the rakeback is essential for a poker player, so is the rake, which if it is not adequate ends up "pulverizing" the profits.

Who ignores the rakeback in a casino and says I go for the prizes, being a regular does not have "NPI,"  please, reason is simple; it is important.

That's why the casinos bother to have a very good return system, all those who are frequent are going to have bad months and this type of reward serves to compensate for losses.

The thing with rakeback is that just as your winnings depend on the size of your bet, so does rakeback.

The point is that if you pay rake you must have rakeback, yes or yes, then you can not ignore it, especially if you have a significant volume of bets.

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