Tired of casino cashback with high wagering that’s paid out weekly or monthly? Then say Hello to Rakebit Casino where no wagering on all cashback is the standard and you get it daily.
The maximum cashback on Rakebit Casino is 25% uncapped, and it starts at generous 5% up to 500 USDT every day. So even if you had a bad day at the crypto casino, you’ll end up with minimum 5% extra in your balance to play for next days.
That’s one of the main beauties with Rakebit and here we explain more about it.
How does it work?
The cashback is daily and has no wagering. This is really unique with Rakebit (review) and something we look forward to each and every time we log in. Ultimately, it all comes down to the VIP program in order to advance past the inital 5%.
For example, the first tier of the loyalty scheme is called ‘Gummy Bear’ – during VIP levels 1-5 – and indeed on that level your starting cashback is 1% and the max cashback is 500 USDT at 5% daily. Amazing that it’s daily, but not so amazing that it’s capped at 500 and only 5% (though still very good, and still better than many others).
‘Diamond Hands’ is two tiers further ahead – during VIP levels 11-15 – and tops out at 15% daily cashback but it’s up to a whopping 4000 USDT. The progressions keep on happening all the way up to the final stage which is the fifth tier and is the full 25% up to a max daily reward of… unlimited!
Yep, in theory you could bank 100,000 USDT cashback each and every day if that’s what your spending allowed.
How about the 25% rakeback?
If you’re encountering this term for the first time, rakeback refers to a player rewards program where a crypto casino returns a portion of the rake you contribute.
Earning rakeback is simple, just keep playing! Rakebit’s casino games’ house edge gives you back a percentage of every bet you place. You can receive up to 25% of the house edge on all your wagers.
Withdrawal of funds received from rakeback is available without any wager at any time! That’s right, no wagering at all – just like with their fantastic cashback offering.
Can you explain more about cashback?
If you’re a newbie to the world of crypto casinos (or even standard fiat ones), you might be unfamiliar with cashback and what it entails. In essence, it’s a reward program where you receive a percentage of your losses or wagers back as a bonus. It’s a popular incentive among crypto casinos like Rakebit to retain players and reduce the sting of losses.
One of the ways to increase your cashback on Rakebit include joining the aforementioned VIP program (read more here), where you’re guaranteed the top level of 25% if you make it to be a Rakebit Whale tier player. Sweet!
In Rakebit’s case, cashback is credited to your account, often without wagering requirements, meaning you can withdraw it or use it for more bets. In other cases, cashback may come with low or no rollover conditions, making it a player-friendly bonus.
However, on Rakebit there aren’t any wagering requirements at all, ever, so it’s not something you need to concern yourself with on this casino.
You can see other cashback casinos here.
Can I play from North America?
Yes, it’s possible but you have to use a VPN. Personally, we do enjoy Surfshark or Nord VPN. You can see other VPN accepting casinos here. The beauty of VPN-friendly casinos isn’t just when it comes to geo-locked residencies, but also about expanding the experience.
You can play when you’re on holiday and away from the jurisdiction you registered in and you also get access to more games than on other casinos where content is sometimes locked. Think Netflix when you’re abroad and can no longer access your favorite show to binge after the beach, it’s exactly the same with casinos.
Can I play without KYC?
Perhaps the main reason people prefer Rakebit to other crypto casinos is the anonymity it possesses. Not only does it have really good daily cashback but you’re also able to sign up completely anonymously.
Their website is without any KYC – regardless of what you win – 5 USDT, 5000 USDT, 1 BTC or more. No KYC will be asked. It’s classified as one of the best anonymous crypto casinos and they don’t log any information about you.
While many others try to attract players that look for anonymity when they play… Rakebit actually offers it.
