Crypto Casinos Exposed: Cashback Scams or Savvy Rewards?

When it comes to crypto casinos offering cashback rewards, the devil is in the details. Two popular platforms, Dexsport and Cadence, both advertise a 10% cashback rate. However, upon closer inspection, we find that one pays £40 after a given week, while the other pays only £4 from identical play.

The key difference lies in how each platform calculates its cashback programme. Dexsport uses a net-loss basis, meaning it pays a percentage of what you actually lost over the period, minus your wins. Cadence, on the other hand, operates on a wagered basis, paying a fraction of one percent of everything staked, regardless of whether you won or lost.

So why does this matter? Because the basis used can greatly affect how much cashback you receive in the long run. A net-loss scheme may seem more appealing at first glance, but it can lead to smaller payouts compared to a wagered basis scheme, especially if your play is consistent and frequent.