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Author Topic: Rakeback and promotions for limited time  (Read 440 times)
Findingnemo
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June 10, 2022, 05:58:02 PM
 #41

Not really to offend anyone but personally I feel that cashback offer like feature is more of a trap to make increase your spending on their products or casinos or whatever it could be so I am not really attracted to it but is is a successful strategy from business perspective even though they are giving away 10% as rack back they are not losing anything because they will atleast make those people to spend 10 to 50% more on average spending amount for betting.

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Boristhecat
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June 10, 2022, 06:11:03 PM
 #42

Not really to offend anyone but personally I feel that cashback offer like feature is more of a trap to make increase your spending on their products or casinos or whatever it could be so I am not really attracted to it but is is a successful strategy from business perspective even though they are giving away 10% as rack back they are not losing anything because they will atleast make those people to spend 10 to 50% more on average spending amount for betting.

Yes, I agree with you, all these tiers, cups, "bronze, silver, gold" levels bring an RPG element to gambling and this affects many players so they start playing more to reach higher ranks. And even though such features are introduced to the casino mainly in order to increase player loyalty, this is undoubtedly a trap for some gamblers.
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June 10, 2022, 07:54:25 PM
 #43

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.

Maybe if the better can overcome the advantage of the bookmaker and, relatively speaking, play for zero, then at high turnovers the rakeback will be profitable and important for him. But it's hard for me to imagine that a bettor could "confidently" not lose to a bookmaker in the long run and have a large turnover of funds.

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June 10, 2022, 09:06:44 PM
 #44

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!
On to the site where I play gambling, rakeback feature on them is not only available for a limited time but it was already a permanent feature as long as you reach the first vip level which is called bronze but the rakeback percent starts small however it can also depend on your play style.

If you have been wagering hard with a better base bet and with a good capital then you can expect to get a decent rakeback, more if you won't constantly claim these rakebacks but if you will let it grow big first on your account. The only time I get a better rakeback is when I am wagering for the bronze vip level but as of now, I am just playing rarely or in hopes of earning a profit only so my rakeback is too tiny.

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June 10, 2022, 09:43:33 PM
 #45



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!

One of the casinos that I'm playing that offers a Rakeback and promotions like faucets box is Betfury and I'm doing both it's not a huge amount because its wage-based and the faucet is not really that huge but why not claim it it's free and it still adds up to your balance, casinos are offering these kinds of features to get back to the community part of their profit, Rakeback is never part of your profit because it's coming from your losses.

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June 10, 2022, 09:50:20 PM
 #46

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 probably don't think much about it tbh since I only wagered few and the cashback is low too. I do like to spend it on dice in which I set the multiplier to low and then have my bet to 10-50% of entire portfolio just in 1 bet, that's the way to get the most from rakeback feature, though it's totally risky considering in one bet you'd be lost a lot from your current balance/portfolio.
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June 10, 2022, 09:54:38 PM
 #47

Not really to offend anyone but personally I feel that cashback offer like feature is more of a trap to make increase your spending on their products or casinos or whatever it could be so I am not really attracted to it but is is a successful strategy from business perspective even though they are giving away 10% as rack back they are not losing anything because they will atleast make those people to spend 10 to 50% more on average spending amount for betting.

Yes, I agree with you, all these tiers, cups, "bronze, silver, gold" levels bring an RPG element to gambling and this affects many players so they start playing more to reach higher ranks. And even though such features are introduced to the casino mainly in order to increase player loyalty, this is undoubtedly a trap for some gamblers.
As a business man this is their strategy to bring more returns but they didn't force we are on our own so we need to set our limits based on our risk appetite. Sometimes we think we are smart so trying to make money out of those offers, promotion, contest but in reality things maybe different so its important to be aware and know the consequences as well.

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June 10, 2022, 10:09:43 PM
 #48

If I gamble when I like it and at the same time there's a rakeback and promotions that you can take then I will take it but mostly, I don't really think much about it and just focus on gambling to have fun instead of getting the promotions which it could make you spend more. I only gamble low amount of crypto so that I don't lose too much and promotions and rakeback will be useless to me to start with. It's a trap to make you spend more so, I don't mind even if it's limited time only.

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June 10, 2022, 11:08:06 PM
 #49

I never care about this too much and my choice of games doesn't depend on rakeback. If it's there, it's fine, if not, I can live without it. This is one of those features that casinos like to add so that it's there when they get compared on those sites that do reviews and such. You don't want to have less features than your competition, right? I'll risk saying that it doesn't influence the number of players in any way. Maybe if you're a very frequent gambler it really changes how many times you can play and gives you money to have a free roll here and there, but you have to lose a lot of money for that free roll.

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June 12, 2022, 10:18:40 PM
 #50

Not really to offend anyone but personally I feel that cashback offer like feature is more of a trap to make increase your spending on their products or casinos or whatever it could be so I am not really attracted to it but is is a successful strategy from business perspective even though they are giving away 10% as rack back they are not losing anything because they will atleast make those people to spend 10 to 50% more on average spending amount for betting.
Well if a person increases their gambling in order to get more rakeback or cashback then this is no different than those which spend a lot more money in something they do not need to obtain a discount, at the end of the day people are the ones responsible for their money and they need to take the right decision, so personally I do not think of the rakeback feature as a trap, I think that people simply are unable to manage their money correctly and then they suffer negative consequences because of it.



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June 12, 2022, 10:38:09 PM
 #51

Not really to offend anyone but personally I feel that cashback offer like feature is more of a trap to make increase your spending on their products or casinos or whatever it could be so I am not really attracted to it but is is a successful strategy from business perspective even though they are giving away 10% as rack back they are not losing anything because they will atleast make those people to spend 10 to 50% more on average spending amount for betting.
Well if a person increases their gambling in order to get more rakeback or cashback then this is no different than those which spend a lot more money in something they do not need to obtain a discount, at the end of the day people are the ones responsible for their money and they need to take the right decision, so personally I do not think of the rakeback feature as a trap, I think that people simply are unable to manage their money correctly and then they suffer negative consequences because of it.
But cant really be avoided that these rakebacks and promotions are likely to be a reason on why people do really go look after it and trying out to chase those winning since they do know or they do believe that

they are on advantage but actually its the opposite.They'll soon realize or find out on what the real deal with these promotions and rakebacks which could really trigger out your greediness specially if you are

hunting for something or trying out to place yourself in the leaderboard.Being impulsive is a common behavior which is something that cant be controlled easily.

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June 13, 2022, 06:19:18 PM
 #52

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!
For me, its never bad to take advantage if there are rakeback or cashback promoted by some casinos but its certainly based on the gambler's desire itself. Honestly, sometimes i get tempted to it but i realized its not me profiting in the end but only the casino itself. So i started not to grab these promotion and just gamble based on my set amount. That way, i have minimized my losses as i also gamble not only for money but more on for entertainment. The fact that i'm entertained, that is already something profitable for me.

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June 13, 2022, 11:50:58 PM
 #53

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!
For me, its never bad to take advantage if there are rakeback or cashback promoted by some casinos but its certainly based on the gambler's desire itself. Honestly, sometimes i get tempted to it but i realized its not me profiting in the end but only the casino itself. So i started not to grab these promotion and just gamble based on my set amount. That way, i have minimized my losses as i also gamble not only for money but more on for entertainment. The fact that i'm entertained, that is already something profitable for me.
Every person does have its own desire which means whether of the two they would really be minding about promotions because this do add up some thrill
into their game play which they are anticipating something in return even though not that big but something that they could get out of their total wager.
Promotions are for marketing matters which had been said its really just normal or in default because in every business it does really require
this stuff because site wont really be that popular if you wont really make out some marketing and promotions.

R


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June 19, 2022, 09:19:02 AM
 #54

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!

cashback in turnover is common in gambling sites, regardless of the type of gambling you will get cashback from each round of your game.  I don't think it's only poker, but it's from your bet that plays a role in the size of the cashback you get. With a game full of toughness or a long duration, the cashback is quite multiplied.  if you want more details you can read the prize rules on each gambling site.  I think this is quite profitable for players who experience a lot of losses and a system like this is also beneficial for gambling owners so that players don't switch to other gambling sites.

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June 19, 2022, 09:28:12 AM
 #55

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?
I'm not really a gambling professional and I actually ignore it and I may missed information on how should I take advantage of the rakeback I think it will be only applicable for the players with huge balance as for me, a casual gambler I mostly get less than $5 or $10 rakeback I looked at it as an extra money when I lose in gambling and sometimes it would extend the entertainment for me but looking it as a serious matter like strategy to make profit out of your rakeback, I think I don't have any of that.

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June 19, 2022, 09:59:29 AM
 #56

For me, its never bad to take advantage if there are rakeback or cashback promoted by some casinos but its certainly based on the gambler's desire itself. Honestly, sometimes i get tempted to it but i realized its not me profiting in the end but only the casino itself. So i started not to grab these promotion and just gamble based on my set amount. That way, i have minimized my losses as i also gamble not only for money but more on for entertainment. The fact that i'm entertained, that is already something profitable for me.
Yes it's not really wrong to use it since it's there and you don't really need to do anything else since you're already doing the requirements for cashback (aka put more money to play with) but actively trying to take advantage of it by putting in more money is the wrong part. It's just dumb. Simple math would provide you the idea of you spending more to get a penny or two back so it isn't something one should actively chase or spend for, but rather just a nice thing to have. It's the kind of thing where it wouldn't really change if it was there or not, hence exactly why casinos do it or implement it.

R


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June 19, 2022, 10:01:35 AM
 #57

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?
I'm not really a gambling professional and I actually ignore it and I may missed information on how should I take advantage of the rakeback I think it will be only applicable for the players with huge balance as for me, a casual gambler I mostly get less than $5 or $10 rakeback I looked at it as an extra money when I lose in gambling and sometimes it would extend the entertainment for me but looking it as a serious matter like strategy to make profit out of your rakeback, I think I don't have any of that.

You can take advantage on it by playing games with low house edge and high RTP such as dice game. The key here is to play longer so that you can accumulate more wager since this is the basis for getting the percentage for your rakeback reward. Whale is obviously get the most benefits on all of bonus but normal playersmcan take advantage on this too by playing safe and focus on accumulating wager. Just bet a portion of your bankroll that can make you play longer and don’t chase losses as ypu can still recover it slowly by playing continuously.

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June 19, 2022, 10:27:31 AM
 #58

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!

Welcome bonuses and reoccurring promotions are essentially free money, so you should definitely optimize your return on them. They can often have very restrictive rules around them as well, so you must read the fine print and it is easy to lose them if you miss things like it only applies to your first bet. A totally fresh and new gambler is bound to get the most out of this, when they have not played any sites yet. They should go out and make a list of all the promotions available, if we're talking about things like a free bet being unlocked at a sportsbook, if you unlock them at multiple you can use matched betting to easily make money. There are all sorts of tricks and wording that casinos will use to retain the money, you should try to avoid any offers that have a 1x+ wagering requirement because you'll probably just waste time and lose any returns.

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June 25, 2022, 03:53:31 AM
 #59

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!
For me, its never bad to take advantage if there are rakeback or cashback promoted by some casinos but its certainly based on the gambler's desire itself. Honestly, sometimes i get tempted to it but i realized its not me profiting in the end but only the casino itself. So i started not to grab these promotion and just gamble based on my set amount. That way, i have minimized my losses as i also gamble not only for money but more on for entertainment. The fact that i'm entertained, that is already something profitable for me.
Every person does have its own desire which means whether of the two they would really be minding about promotions because this do add up some thrill
into their game play which they are anticipating something in return even though not that big but something that they could get out of their total wager.
Promotions are for marketing matters which had been said its really just normal or in default because in every business it does really require
this stuff because site wont really be that popular if you wont really make out some marketing and promotions.
If I agree with this motion, I know that a lot of the reason they do contests is to increase traffic flow to a site, but this also causes a lot of fury from players, not a good thing, but I know. that each one when they see a good promotion makes their emotions jump to the maximum, and this allows everyone to get excited and causes greater chances that happens in several people who are on social networks looking for opportunities, for example on twitter it is an excellent way of being able to spread the word, personally, sometimes I find out about promotions first on twitter, sometimes also on the forum, so what you feel is good and I think that's what attracts casinos.

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June 25, 2022, 06:20:25 AM
 #60

"bronze, silver, gold" levels bring an RPG element to gambling

The wider competitive game, I imagine that is more effective then alot of measures.  A greater purpose to the game, to the risk taken because it feeds into that overall ranking is something I recognize from general game playing even outside of gambling that's a strategy deployed to increase involvement and feedback in a userbase.  I can remember games stats was placed under names like a status, hierarchy all that is a thing Smiley
  Interesting that it would be highest for the Poker players, maybe because its already possibly a more social game and helps encourage whole groups of players.

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