The Welcome Package offers 10% rakeback on all your casino bets. It’s part of your Welcome Package rewards when you start betting at Cloudbet.
What is rakeback?
Rakeback is money you get back every time you bet, calculated as a percentage of the house edge to you as cashback. The more you play, the more you earn back, whether you win or lose.
How to earn rakeback
To start earning rakeback, place bets on casino games. The bigger the bet, the more rakeback you generate.
Example rakeback
Let’s say you play Book of Dead, which has a 4% house edge. With 10% rakeback, you’d get $4 back for every $1,000 bet (10% of the 4% house edge). The more you play, the more the rakeback adds up.
How to collect rakeback
Once you're logged in, select the Rewards icon.
Under the Casino tab, select the Add button next to rakeback.
Half of your collected rakeback goes straight to your wallet and is available to use instantly. The rest is added to your Rewards Calendar, where you can claim it once it unlocks.
Frequently asked questions
Why is the rakeback option greyed out?
Why is the rakeback option greyed out?
You need to earn at least $1 in rakeback before you can claim it. Once you hit that amount, the button will activate.
Can I earn rakeback by placing any bets?
Can I earn rakeback by placing any bets?
No, you can only earn rakeback by placing casino bets. Sports bets give you weekly cash drops instead.