Last Updated on January 9, 2023 by Salman Khan
A gamer might find it tough to keep up with all the latest gambling trends, especially when they seem to change daily! But don’t worry, we’re here to help. In this article, we’ll introduce Rakeback — a popular perk found in top crypto casinos such as N1Bet Casino and the like.
Common Types Of Bonuses Found In Crypto Casinos 2023
Bonuses are always up for grabs. Whether a new player or a loyal customer, most gambling platforms will offer some incentive to keep you returning for more. As a rule, the information about available perks will be included in the casino review on AskGamblers or similar platforms. Here are some of the main types of bonuses that you’ll find online:
- Welcome deposit bonus: The casino matches the amount of your deposit. For example, you deposit $100 but get $200 in your account. This perk is usually given to new players, and the limits are clearly outlined. Thus, a casino can promise a 100% deposit bonus of s up to $3k.
- Free spins: You normally get free spins as a welcome perk or a special promotion. As follows from its name, this reward allows playing slots for free several times.
- Rakeback: The casino gives back a percentage of the money you’ve earned in the form of credits, which you can use to make new bets. The more you play, the more you earn.
- Cashback: This is similar to Rakeback, but instead of being given back as credits, it is paid out in real cash. Many casinos have weekly cashback as well as large cashback for loyal clients.
All About The Rakeback Bonus
That is a type of cashback scheme where casino players can receive a percentage of the money they have spent on fees or the so-called “rakes.” While this may sound too good to be true, Rakeback is a great way for players to reduce losses. In most cases, players must sign up for a casino account and make a deposit before they can start earning Rakeback rewards.
Rakeback is usually calculated based on the amount of money that has been wagered, but some casinos also offer fixed rates. For example, a player who spends $100 on fees/rake could earn a $10 Rakeback bonus, giving them an extra $10 to play with. Rakeback is usually paid out in the form of casino credits, meaning one cannot withdraw the reward as cash. That is the major difference between Rakeback and cashback.
Tips On Getting More Perks From An Online Casino
Using a crypto casino’s bonuses can be a lot of fun and potentially help you win some money. But did you know other ways to get the most out of your casino experience? Here are three tips.
Sign up for a crypto casino’s VIP program
Most online casinos offer VIP programs for their loyal players. VIP members typically enjoy special perks such as exclusive bonuses, early access to new games, and invitations to special events. If you want to get the 100% out of your online gambling experience, sign up for a VIP program.
Participate in promo events and tournaments
Many online casinos offer regular promo events with attractive prizes. These can be of any format, from free spins to cold hard cash. Check the promotions page on your casino’s website regularly, so you don’t miss exciting tournaments, contests, and other opportunities to win.
Become an affiliate partner
Finally, did you know that you can earn money by referring other players to sign up at an online gambling platform? Affiliates earn commission on the players they refer, so it’s a win-win situation. If you’re an active member of an online casino community, becoming an affiliate is a reliable way to gain more out of your hobby.
Before Goodbyes
To sum it up, you will be in a much better position to make informed decisions by understanding how each casino bonus works and the different types of bonuses available. In this article, we’ve tried to explain how Rakeback works and how it differs from traditional cashback so that you will know what to expect if you are promised one of these perks.
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