Rakeback and promotions for limited time

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Quote from: uneng on June 08, 2022, 06:07:53 PM

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!

These are commonly offered by casinos both online and in the real world in order to entice players in. It just goes to show how profitable and potentially addictive gambling can be if these mega gambling operations can effectively give away free money to "buy" you as a new customer. They expect you to burn through the initial perks, get dollar signs in your eyes from a few decent wins and pour more money back into their site. Clearly there must be logic in it and they must be making huge sums if it's this sustainable. You'll find that they will offer welcome bonuses but after that the promotions tend to get much more technical, because they don't tend to reward long term customers anywhere near the same - you're in their trap already.

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Quote from: goinmerry on July 16, 2022, 05:28:34 PM

Might be better to just ignore Rakeback or any promotions and just focus on winnings.

It's not that it should be totally ignored but it will be a surprise bonus for us if such promotions exist once we realized that there's a thing like that on the gambling site that we are playing with. Imagined, we just do gambling as usual then after a long period of time, we will find out that we have an active bonus from playing.

Aside from that, with the purpose of achieving the promotions bonus or any kind, it needs lots of patience and money as obviously, there's a requirement for that and might be difficult for those who don't gamble regularly.

Just play on our usual, maintain winnings and let the bonus just come without us noticing it.

Yes, you're partly right about that, but it turns out that I don't really like those bonuses, because if you manage to win, you have to make incredibly large wagers, and that instead of producing fun, it causes me stress, this has already past and when I take that bonus there is no turning back, so the only thing I do to not get stressed is that the money I left in that casino with the bonus going, I would not worry about making money, I would only use it for my fun, because it has more meaning Imagine that I only invested that money in my fun than to make a wager of 20x or more, which is most likely that I will not achieve it due to the high pressure that arises.

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Might be better to just ignore Rakeback or any promotions and just focus on winnings.

It's not that it should be totally ignored but it will be a surprise bonus for us if such promotions exist once we realized that there's a thing like that on the gambling site that we are playing with. Imagined, we just do gambling as usual then after a long period of time, we will find out that we have an active bonus from playing.

Aside from that, with the purpose of achieving the promotions bonus or any kind, it needs lots of patience and money as obviously, there's a requirement for that and might be difficult for those who don't gamble regularly.

Just play on our usual, maintain winnings and let the bonus just come without us noticing it.

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What we receive as rakeback is an reward for what we've wagered. This wager would've brought us wins as well as loss. If we take the majority, it'll be loss than win. So, from business perspective it is a success for the gambling sites. From user perspective it is good to extend our gambling activities for little more time. For example I used to claim the rakeback whenever I end up losing everything. By the time what I receive doesn't even account to dollar. Now I used to check my luck spending the amount with the multiplier placed at certain number so that I can recover what I've lost with my previous wagers.

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Quote from: panjul07 on July 16, 2022, 12:06:41 PM

Quote from: uneng on June 08, 2022, 06:07:53 PM

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?

Do not play for rakeback but take it as a side bonus from your gambling activity only.
Rakeback is a good offer and it may give you something back based on a formula (can be different from a site to another).
No matter you are losing or winning, you'll receive some rakeback but as what I said earlier it should be taken as bonus and do not take it as one of your gambling purposes.
Coming up to strategies to increase your rakeback is simply by wager as much as possible, but bear in mind that the more you wager/play the higher chance for you to lose.

No in some casinos the rakeback/cashback bonuses consist of a percentage of the losses only. Then if you've only won during your session you won't get any rakeback. It reduces the House Edge at the end but not in an easy predictable way since you can't guess if your session will be a good or a bad one, but it's better for high volatility games IMO. Unlike rakebacks purely based on your wager amount, no matter if you get winnings or losses, from which you can more easily calculate the reduction of the house edge.
eg if you wager 10mbtc with 4% HE and 1% rakeback you will get a net 3% HE at the end

10 x 4% = 0.4 mbtc 10 x 1% = 0.1 mbtc 0.4 - 0.1 = 0.3 mbtc = 10 x 3%

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Quote from: uneng on June 08, 2022, 06:07:53 PM

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!

Rakeback is surely a good thing for both of gambler and casino. But I also don't think that a cashback could create some advantage to a player, unless you're a matched better and on that platform you're going always to lose

your bet. In that way you'll have big earnings, in other way it wouldn't have any sense in my opinion.

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Quote from: uneng on June 08, 2022, 06:07:53 PM

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?

Do not play for rakeback but take it as a side bonus from your gambling activity only.
Rakeback is a good offer and it may give you something back based on a formula (can be different from a site to another).
No matter you are losing or winning, you'll receive some rakeback but as what I said earlier it should be taken as bonus and do not take it as one of your gambling purposes.
Coming up to strategies to increase your rakeback is simply by wager as much as possible, but bear in mind that the more you wager/play the higher chance for you to lose.

LUCKMCFLY

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For me, when you play and take advantage of this type of benefits, it is very good, I always use a part of it to play, if I win it is good if I lose I leave time without playing to accumulate, however when I play at Betfury they give benefits like these, I don't know or I'm not clear if at Betfury we can do this type of events with poker, because I think the poker player has to be more focused on PVP, and not play against the house, I like it a lot, but for I play for slots, however, recently bitcasino, io offered to return the money that was lost to be able to play again, this was a great offer for the most active players.

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It's not something to take advantage of, that's just part of the promotion but it is always based on the total wagered of a gambler in a gambling site. I have an account in a certain gambling site that I have been loyally playing to them for years already, if I reach a certain level, they give me some reward, and they will let me choose if I go with a Rakeback or a free bet, but it's not really a big thing though, that's just a little bonus for our loyalty.

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Quote from: STT on June 25, 2022, 01:20:25 AM

Quote from: Boristhecat on June 10, 2022, 01:11:03 PM

"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

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.

These RPG elements, oddly enough, have a really big impact on the behavior of gamblers. If I'm not mistaken, then Napoleon had some kind of cynical statement on this subject, like "toys control people." He said this about soldiers who give their lives or health for orders and badges of honor. Gamblers, of course, are in better conditions, but the principle is the same.

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Quote from: uneng on June 08, 2022, 06:07:53 PM

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!

As a real gambler, rakeback or cashback maybe a small amount of satoshi but at least there is a rewards cashback every time you do play in the games. Unlike, you play but no cashback or something like a discount when you buy something. Now if you win, of course there profit and at the same time there is rakeback as well, so if one of the casino games in crypto have that type of features, I could say that platform of gambling is one of the place to play with gamble.

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Quote from: Boristhecat on June 10, 2022, 01:11:03 PM

"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

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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Quote from: Mahanton on June 13, 2022, 06:50:58 PM

Quote from: Viscore on June 13, 2022, 01:19:18 PM

Quote from: uneng on June 08, 2022, 06:07:53 PM

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.

Fortify

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Quote from: uneng on June 08, 2022, 06:07:53 PM

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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Quote from: joeperry on June 19, 2022, 04:28:12 AM

Quote from: uneng on June 08, 2022, 06:07:53 PM

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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Quote from: Viscore on June 13, 2022, 01:19:18 PM

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.

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Quote from: uneng on June 08, 2022, 06:07:53 PM

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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Quote from: uneng on June 08, 2022, 06:07:53 PM

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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Quote from: Viscore on June 13, 2022, 01:19:18 PM

Quote from: uneng on June 08, 2022, 06:07:53 PM

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.

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Quote from: uneng on June 08, 2022, 06:07:53 PM

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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Quote from: Silberman on June 12, 2022, 05:18:40 PM

Quote from: Findingnemo on June 10, 2022, 12:58:02 PM

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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Quote from: Findingnemo on June 10, 2022, 12:58:02 PM

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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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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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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Quote from: Boristhecat on June 10, 2022, 01:11:03 PM

Quote from: Findingnemo on June 10, 2022, 12:58:02 PM

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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Quote from: uneng on June 08, 2022, 06:07:53 PM

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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Quote from: uneng on June 08, 2022, 06:07:53 PM

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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Quote from: uneng on June 08, 2022, 06:07:53 PM

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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Quote from: bitbollo on June 09, 2022, 05:10:38 PM

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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Quote from: Findingnemo on June 10, 2022, 12:58:02 PM

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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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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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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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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Quote from: Smartprofit on June 09, 2022, 09:30:02 AM

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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Quote from: uneng on June 08, 2022, 06:07:53 PM

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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Quote from: Bitinity on June 09, 2022, 01:39:37 AM

Quote from: Yogee on June 08, 2022, 06:53:12 PM

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.

Quote from: bitbollo on June 09, 2022, 05:10:38 PM

....
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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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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Quote from: uneng on June 08, 2022, 06:07:53 PM

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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Quote from: uneng on June 08, 2022, 06:07:53 PM

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.

KTChampions

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Quote from: uneng on June 08, 2022, 06:07:53 PM

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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Quote from: fiulpro on June 09, 2022, 09:39:01 AM

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

Quote from: fiulpro on June 09, 2022, 09:39:01 AM

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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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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Quote from: uneng on June 09, 2022, 11:57:06 AM

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.

Quote from: uneng on June 09, 2022, 11:57:06 AM

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.

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Quote from: YOSHIE on June 09, 2022, 10:49:06 AM

Quote from: uneng on June 08, 2022, 06:07:53 PM

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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Quote from: uneng on June 08, 2022, 06:07:53 PM

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.

uneng

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Quote from: YOSHIE on June 09, 2022, 10:49:06 AM

Quote from: uneng on June 08, 2022, 06:07:53 PM

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...

Doell

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Quote from: uneng on June 08, 2022, 06:07:53 PM

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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Quote from: uneng on June 08, 2022, 06:07:53 PM

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.

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Quote from: uneng on June 08, 2022, 06:07:53 PM

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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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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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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Quote from: uneng on June 08, 2022, 06:07:53 PM

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 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 am happy when I get rakeback. It's always nice to get extra rewards. This is great luck!

However, my game does not depend on the absence or presence of rakeback.

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Quote from: aioc on June 09, 2022, 08:10:41 AM

many casinos are offering this but like what you posted you should not play just to get Rakeback aim for a win if you can and if you lose just let it be and don't be disappointed it's part of the game and of course, claim your Rakeback it's one way of the casino of thanking you.

I agree, the amount isn't much since the reward comes from the house edge of the casino it's better to just play regularly but it's still better to play with casinos that offer these types of bonuses though.

Quote from: swogerino on June 09, 2022, 08:10:11 AM

The only feature that I like is not any rakeback but the promotion which is held as different tournaments where the winner is the one with the greatest amount of money wagered and it doesn't matter at which kind of bet you are playing.I think this type of promotion gives everyone an equal chance to win at a tournament and of course here there is a "cheat sheet" as the smart gambler plays only slots with high hit percentage in order to stay longer in the game thus wagering more money I mean for those who play with minimum bet.If anyone decide to play with big base bet,he will be the winner most likely.I only like this kind of promotions from a casino.

Basically, those are wagering competitions, most casinos have these regularly and sometimes in different forms like using wagered amounts or bets placed as points. For me, I always avoid these competitions as much since my budget isn't huge and worth risking over the competition unless there are several placements and I could easily place with minimal losses.

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I ignore these. It just gives you some other things to think of which, in turn, helps you lose focus on the things that matter to you at that moment, e.g. playing and enjoying/winning. Thinking of these rakebacks and special wage promotions only give you another goal that you shouldn't even chase which I know a lot of people here are guilty. Why aim for cents or a couple of dollars when you can play for the win and gain even more in the end? It's nice when you get the bonus while you\re playing without you knowing. Anything extra for my playtime is welcome, and I understand why people love to play on casinos with these bonuses, but personally I never looked forward to those.

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I'd take advantages of this, there's nothing wrong or hard to claim a rakeback or bonus as long as you're already met the requirement. I know this is a peanut for many people, but this is our money and it's our right to claim it, maybe after you're run out of your bankroll, this peanut might hit the jackpot and you still have a chance to recover your lose. Everything is possible, that's why I never waste any chance if I can do it.

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Quote from: swogerino on June 09, 2022, 08:10:11 AM

The only feature that I like is not any rakeback but the promotion which is held as different tournaments where the winner is the one with the greatest amount of money wagered and it doesn't matter at which kind of bet you are playing.I think this type of promotion gives everyone an equal chance to win at a tournament and of course here there is a "cheat sheet" as the smart gambler plays only slots with high hit percentage in order to stay longer in the game thus wagering more money I mean for those who play with minimum bet.If anyone decide to play with big base bet,he will be the winner most likely.I only like this kind of promotions from a casino.

Maybe you didn't try to compete on casino website tournament with whales wagering million dollars per day. Makeback is a guarantee money base on your wager which means this is fair distribution of bonus especially if you are wageeing hige amount while in tournament, There’s no guarantee that you will win and get back the portion of your bet. I participate in my casino tournament and a 10K$ wager volume is not sufficient to be in top 10 so I prefer rakeback over tournament unless the tournament is exclusive to normal class user.

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Quote from: Coin_trader on June 08, 2022, 08:26:35 PM

It's worth it if you are not relying on it solely to get profit. Cashback and rakeback supposed be just a small bonus for playing in the casino so that whenever you lose, You will have a reward even if its just small.

You can maximize your rakeback by having a huge bank roll and play passively without aiming for huge profit because you can't get a better rakeback if you don't play much longer since its wager base.

I don't mind claiming Rakeback I consider this a token of appreciation for playing and losing Cheesy

many casinos are offering this but like what you posted you should not play just to get Rakeback aim for a win if you can and if you lose just let it be and don't be disappointed it's part of the game and of course, claim your Rakeback it's one way of the casino of thanking you.

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The only feature that I like is not any rakeback but the promotion which is held as different tournaments where the winner is the one with the greatest amount of money wagered and it doesn't matter at which kind of bet you are playing.I think this type of promotion gives everyone an equal chance to win at a tournament and of course here there is a "cheat sheet" as the smart gambler plays only slots with high hit percentage in order to stay longer in the game thus wagering more money I mean for those who play with minimum bet.If anyone decide to play with big base bet,he will be the winner most likely.I only like this kind of promotions from a casino.

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Quote from: uneng on June 08, 2022, 06:07:53 PM

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 always take them if it falls under the games i'm playing and there's no wagering requirement behind it because I remember there are casinos that offer these cashback and rakebacks but there's a wagering requirement. It's best to go for them as much as possible since it's one way to reduce your losses. My only experience with rakebacks are from Stake's vip feature and with the cashback, there was a time when casinos would have a dedicated day for cashback and they'd return a portion of your losses if you deposit on the same day.

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Quote from: uneng on June 08, 2022, 06:07:53 PM

Do you take advantage of these features or do you think they don't worth?

It is a waste if we don't take advantage of this kind of feature. It is clear money, whether we win or lose, we get back the % of the amount we wagered on the casino so it worth to take part in kind of promotion.

Quote from: uneng on June 08, 2022, 06:07:53 PM

Do you have any strategies to play and increase your profit through Rakeback or do you just ignore it?

No, I just play to my heart's content and don't think of any strategy to maximize the Rakeback. IF ever I think of a strategy, that is to strategize on how to beat the casino, but it is quite impossible so I won't bother. Grin

Quote from: uneng on June 08, 2022, 06:07:53 PM

By your experience, have rakeback ever been profitable for you?

I can't tell if it is profitable but all I can say is that it is a free money so why not take it.

_act_

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Quote from: uneng on June 08, 2022, 06:07:53 PM

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?

This is what every poker player will want, it is not common on any other Casinos. But this does not mean there is any advantage added to win but just a way someone lose and be given some amount back and plaay with it.

The best is to just ignor it and never think it is existing and have fun with your poker game.

Quote from: Bitinity on June 09, 2022, 01:39:37 AM

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.

But what I noticed is that I have not seen rackback in any other casinos before but only Poker casinos. I do not see it as an important feature than a way for poker players to be encouraged and have more time to play more.

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Quote from: Yogee on June 08, 2022, 06:53:12 PM

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.

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I don't take advantage of that feature and just play as usual but sometimes, I can get bonuses from the deposits I make.
I am not looking for various payback or cashback bonuses because I think the casinos must have rules that not many gamblers can achieve.
Chasing rakeback or bonuses will make us forget ourselves and keep trying to get it by making more deposits.
It's better to play as usual and not chase it because it will cost a lot of money.

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I ignore them most of the time. Mostly because to maximize them, it's like considering spending more on a session than what you've originally intended to do so. I mean it's fine if it's there if it's able to give me more money to play with but I don't necessarily make it a goal to actively maximize the rewards and profits you could get from it. It's a side bonus, the casino considers it as one really, we players should be able to also consider it as well imo. It's a small Rakeback in the first place most of the time anw.

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Quote from: uneng on June 08, 2022, 06:07:53 PM

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?

If they just offer rakeback to everyone who joins the room, I'd probably be in a room all the time. Unfortunately its not how they do it because that would cost them a lot of money.

One would have to stick playing in the room for hours so while you lose large sum, you get lucky if you receive $100 for rakeback. You'd enjoy rakeback when you are in a real offline casino.

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Quote from: uneng on June 08, 2022, 06:07:53 PM

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 just ignore it, I commented it in another thread.

First, because rake has gone up considerably just as rakeback has gone down since I started playing more than 10 years ago. But also the rakeback implies to play much more hours so the winrate is affected. It's not worth losing bb/100 winrate to get a little rakeback. In most cases it will be break even or even EV-.

Years ago there were very good rakeback programs like Pokerstars Supernova, which was not the only one, and people were compensated to play more for what they got in return but nowadays not.

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It's worth it if you are not relying on it solely to get profit. Cashback and rakeback supposed be just a small bonus for playing in the casino so that whenever you lose, You will have a reward even if its just small.

You can maximize your rakeback by having a huge bank roll and play passively without aiming for huge profit because you can't get a better rakeback if you don't play much longer since its wager base.

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Quote from: uneng on June 08, 2022, 06:07:53 PM

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 bet mostly on sports games, mainly football and in this niche the incentives offered by bookmakers are much lower compared to gambling or poker.

To answer your question... I've never benefited much from them, as the imposed goals for input or bets are often above my playing standard.
but I recognize that for those who bet more often and with higher values, these incentives can greatly help the player to have more opportunities to win.

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Quote from: uneng on June 08, 2022, 06:07:53 PM

Do you take advantage of these features or do you think they don't worth?

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

I don't chase promotions in general and I don't play for the sake of it. It's probably worth the money if you're already a regular at a particular casino. I mean most promotions like cashback gives a higher percentage to accounts with higher level.

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Do you have any strategies to play and increase your profit through rakeback or do you just ignore it?

Just playing as usual. Focus on winning the game than thinking of how much rakeback I could get.

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I do ignore it!

I dont mind those amounts considering that rakebacks arent really that great amount for you to mind off and asking if its worth? No its not but there are people who are really that prefer or do likes to get something in
return even though it isnt really that big but at least they are getting in overall total wager.This might sound interesting for some people but majority wont really be that interested much for this one.
Its actually depending on someones preference yet in overall promotions are just good for hooking up people and setting up almost impossible wager requirements. rakeback
is different though but its not really something for you to get excited on.

uneng

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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!

Topic: Rakeback and promotions for limited time (Read 496 times)