How does rakeback work?
Rakeback is one of the ways Housebets rewards you for playing. Instead of keeping all of the house edge, we return a portion of it back to you — automatically,...
Rakeback is one of the ways Housebets rewards you for playing. Instead of keeping all of the house edge, we return a portion of it back to you — automatically, just for playing the games you already enjoy.
What is the house edge?
Every casino game has a small built-in mathematical advantage called the house edge. It’s how any casino covers its costs and stays operational. For example, if a game has a 3% house edge and you wager $100, the expected house take is $3. That $3 is called the “rake.”
What is rakeback?
Rakeback is a percentage of that rake returned to you as a real cash reward. Rather than the house keeping everything, Housebets shares it back with you based on how much you wager.
Simple example:
- You wager $1,000 across slots or table games
- The game’s house edge is 3% → the rake is $30
- Your rakeback rate is 20% → you receive $6 back
The more you play, the more rakeback you accumulate.
How does Housebets rakeback work?
At Housebets, rakeback is built into the Rewards Slider — a feature that lets you customise how your rewards are paid out. You can choose between:
- Rakeback — receive a share of the house edge back on every bet, win or lose
- Lossback — receive a portion of your net losses back over a set period
You control the split, which means you can personalise your rewards from day one rather than waiting to reach a VIP tier.
When is rakeback paid out?
Rakeback at Housebets is credited automatically and in real time as you play. There is no minimum threshold you need to hit before it is paid, and no manual claiming required.
Does rakeback apply to all games?
Rakeback applies to most casino games on Housebets, including slots, table games, and live casino. Some games or promotional bets may be excluded. Sports betting wagers may be calculated differently — refer to the Sportsbook Terms for details.
Can I withdraw my rakeback?
Yes. Rakeback is credited to your main wallet balance and can be withdrawn subject to standard withdrawal conditions. There is no separate wagering requirement attached to rakeback funds.
Tips for maximising your rakeback
- Adjust your Rewards Slider toward rakeback if you tend to play frequently and in high volume
- Switch toward lossback if you prefer protection during losing sessions
- Check your current rakeback rate anytime in the Rewards section of your account menu
Still have questions?
Our support team is available 24/7 via Live Support, or you can email us at [email protected].