Crypto Casino Loyalty Programs: Rakeback, Cashback, and More Explained
Crypto casino loyalty programs reward players for continued activity rather than just signing up. These rewards systems offer benefits based on wagering volume, net losses and winnings, or deposits.
The most common types of loyalty programs are rakeback, cashback, VIP levels, loyalty points, and leaderboards. Rakeback gives players a percentage of the casino's theoretical house edge generated by their eligible wagers back.
Cashback rewards players based on their net losses over a defined period. However, this doesn't mean that cashback is cash you can withdraw and use right away. In many cases, it comes in the form of bonuses with wagering requirements or restrictions.