Chipstars Casino, an online crypto gambling platform, has recently introduced an exciting new feature for its players.
Dubbed “Rakeback,” this bonus allows players to receive a portion of every bet they place, regardless of whether they win or lose.
The concept of Rakeback entails granting players a 5% share of the house edge on each casino bet. This means that for every wager made on the platform, players can look forward to getting back a fraction of the house edge they contributed.
Unlike conventional bonuses that are contingent on winning, Rakeback ensures players get rewarded for their betting activity itself.
The calculation for Rakeback is straightforward. It is determined by multiplying the wager amount by 1% of the house edge and then multiplying the result by 5%. This ensures a fair distribution of the bonus based on the amount a player bets and the inherent advantage of the house.
Moreover, the currency used for calculating Rakeback is the same as the one the player employs during gameplay. This ensures that the bonus reflects the actual value of bets placed, enhancing transparency and fairness.
For those interested in taking advantage of this innovative promotion, Chipstars Casino has set a minimum amount of $1 that can be claimed as Rakeback. This means that even for relatively modest betting activity, players can still reap the benefits of this offer.
The introduction of Rakeback aligns with Chipstars Casino's commitment to enhancing player experiences and engagement. By providing a tangible and consistent reward system, the casino aims to create a more immersive and enjoyable gambling environment.
Additionally, Chipstars Casino is currently running the $500 Friday Free Spin Frenzy promotion. By depositing a total of $500 or more in a week, players can secure 200 FREE SPINS on the Primal Hunt game. The promotion spans the month of August, divided into four phases, each culminating in a giveaway of free spins.
Chipstars Casino also has an innovative Welcome Bonus up for grabs allowing players to withdraw winnings without unlocking bonuses.
This unique approach enables players to claim and withdraw earnings at their own pace. The Welcome Bonus covers the first four deposits, each requiring a minimum $30 deposit for activation. Additionally, new players receive 10 free no-deposit spins upon registration.
Other appealing casino bonuses for this summer encompass Bitcasino's Multiplier Madness, BitStarz's package of 5 BTC + 120 free spins, 7Bit Casino's 5 BTC welcome bonus with daily cashback, and FortuneJack's 4 Deposit Welcome Pack.