What is meant by Rakeback at BC Game? And how Rakeback works for crypto casinos? This question will be explained to you in this article in great detail.
Let us first begin with understanding what Rakeback means? If you are a beginner at crypto gambling or even a learned player you may have heard the term ‘Rakeback’ tossed around in conversations many times! You might have noticed pro players stating how they have used their Rakeback to play and win more!
What is Rakeback?
‘Rake’ basically is the amount of money that the “house” (in this case the site) makes directly from the players. In a game, the house takes a small amount out of every bet which in turn goes into the site’s revenue.
Rakeback enables you to get a percentage of this money back that the house took from you in rake. For every bet, you place you are eligible to get a certain percentage of that amount back. In easy words, it’s a ‘cash-back’ reward for a player!
History of Rakeback:
Rakeback began as an innovation developed by poker site affiliates. These affiliates partnered with online poker rooms to try to sign up new users. In return, the affiliate got a fraction of those players’ NGR (net gross rake) as commission.
To lure people to sign up through them rather than through their competitors, some affiliates began sharing this money with their references. These early Rakeback deals were monthly, because that’s usually how often affiliates got paid, and the RB cash would come straight out of the affiliate’s pocket.
Rakeback at BC.Game:
BC Game has however streamlined this process. Every player (level 14 & above) who places even one bet on any game on the site is eligible for Rakeback at BC Game!
Level 14- 21. = 5% of the House Edge
Level 22-29. = 7% of the House Edge
Level 30-37. = 10% of the House Edge
Level 38 & above. = 15% of the House Edge
As per the chart above your percentage of Rakeback at BC Game keeps on increasing according to your levels!
You can easily calculate your Rakeback with the following formula:
Rakeback = Wager x House Edge x (percentage according to your level)
Example: Suppose you are on Level 33 on BC.Game. You are eligible for a 10% Rakeback as per the above table. You wagered $5 on a game.
Therefore your Rakeback will be calculated as: Rakeback = 5 x House Edge x 10
You can also boost your Rakeback percentage for one hour by using your JB coins!
20,000 JB coins will boost 5% of your Rakeback percentage for one hour!
Rakeback details are refreshed every two minutes. It is however ready for you to Claim every 30 mins. You can see the details of your Rakeback based on your coins by clicking on the Piggy Bank icon on the top menu bar of the site!
Rakeback is usually permanent – as long as you keep playing, you’ll keep earning Rakeback regularly. In this respect, it’s better than bonuses, leaderboards, and other similar promotions, which are only active for a limited amount of time.
You can explore BC Game Rakeback if you’d like to benefit from steady infusions of cash to your wallet!