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Rakeback Whoring


janskd2w

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Posted
3 hours ago, AxelG said:

Relying on such a profit in the long run is rather stupid, because the casino is still more likely to win.

But still if you get a percentage I'd your loses back it is like another chance to win i think only since rare casinos do this i guess. 

Posted

if you ask everything back is welcome i dont get you people if there is no rake back at all u wouldnt cry about but since there is one u think its low well it aint low cuz if u wager 100 btc u get 0.2 back which come directly from their pocket now there is a lot of people with rakeback on i am pretty sure the wager per day in total goes more then 1000 btc so that 2 btc they could keep 

Posted

to be honest its meant to be little benefit. But if you will try to profit on it , most probably it can work only shortterm. Statisticaly speaking it should make you lose more than win. But you know , it depend on your luck so yeah

Posted

No idea about that, I guess it won't be profitable at any case, if you just wanna bust to claim rakeback , simply don't bust or don't gamble at all.LOL For me , it's kinda weird that since I enabled it, my winnings gone, I win way less than losing.. I even tried to bet on new accounts and I actually won. I mean, that's weird..

Posted

I can tell you from personal experience when i first hit VIP and i thought about how rakeback could be used for an advantage.  So what did I do?  I bet on limbo 1x.  Went almost all in and was gonna just keep going betting on that tryiing to raise up my wagered amount and collect...first roll was a .99x and the 4th roll was a .99x....learned real quick its not even worth it....its exactly what its supposed to be..just a nice little bonus to get back after you bust :P

Posted
On 4/30/2019 at 2:53 AM, Zaynab Shah said:

Firstly rakeback is a loss back. 

20% loss back of your wager. 

You are here in a casino to win or loose. 

Not for earning Through the means they provide you aka free money. 

This is ridiculous that you are only trying to get free money from them by trying to wager on low risk. 

Obviously you'll loose in the long run. 

I don't understand what's the point of wagering your 100% for 20%?

Secondly whatever your concern is I don't think the title of your topic is appropriate. 

Wtf do you mean by Whoring? 

 

totally agree. cant find a better word then lossback :D

 

in the end u cant earn with rakeback. 

Posted

haha i dont see it as a lossback, but as a rakeback. Simply a small bonus, incentive for playing a lot at stake. I mean .001 for  ever bitcoin is much better then 0 bitcoin back for every bitcoin wagered :P. But this includes wins and losses, so the smart thing to do is just play as you normally do and check your rakeback at the end of big play sessions where you won and played alot. If you play a ton in a day, then chances are you probably busted at the end lol. Its a very nice thought knowing you have some rakeback to play and try to recover with the next day :) 

For some reason im 10% but hopefully this changes soon 

or else im leaving and never coming back k thx 

Posted
On 5/25/2019 at 8:13 PM, Kate said:

But still if you get a percentage I'd your loses back it is like another chance to win i think only since rare casinos do this i guess. 

For me, rakeback deceases winnings a bit. I mean, I actually tested it. Nor other casinos have rakeback but most are rigged so I prefer Stake without rb.

Posted
On 4/29/2019 at 5:35 PM, janskd2w said:

I have rakeback of 20% of house edge. So wagering 1btc I'd get .002btc back in rakeback.

 

Can this be long run profitable by betting large amounts on dice with 99% chance of winning? I dont see why it couldnt be profitable but always end up losing when doing it. Perhaps I am just making bets too large.

 

Thoughts?

hmmm reading this again i think i see what you mean....
the simple answer is on certain "runs" it can be ... long term, not meant to be, and cant be as it is only 20% of the house edge, the rest is  to stake, they need to make money somehow to keep the site running and bills paid!

but yes it can be profitable in  the sense that... lets say i deposit 100k.... and i play so much and wager so much with that 100k.... that in the end if i bust and withdraw rakeback... it sometimes ends up being much more than 100k,..... so i would in a way profited just from the rakeback if i were to bust.... make sense? 

this doesnt happen too often, but it has happened more times than i can count... 

Posted

for me the rake is just a small extra that I mostly use for some giveaways. I am not that high roller to be able to claim a decent amount of rake back and mostly it only is a couple thousand satoshi. But well everything you get as a bonus is always welcome even if it is a small amount. 

Back in the days I was a rake back chaser in poker but back then it was very lucrative. But since most poker sites also changed their rake back system most of the high rollers quit chasing the rake back cause its much less interesting nowadays

Posted

i have 25% rake back on pd, not stake and i also tried wagering to make profits but every time ended up losing, but i think maybe it can be profitable if we have patience. 

Posted
3 hours ago, Byteking said:

i have 25% rake back on pd, not stake and i also tried wagering to make profits but every time ended up losing, but i think maybe it can be profitable if we have patience. 

Not possible to earn profits from rakeback. That's why it exists at all.xD I mean, if you're seeking for profits out of this, just dont bet and keep a better amount.:D Tried this aswel tho. And I suggest you claiming it like once per month so you get a good amount instead of seeking for strategies.

Posted

rakeback is a good thing for depositing players in receiving a percent  back is good. and even you dont ask for a rakeback for a good while,, the build would be a great surprise, i purposely try to forget i have rakeback.. but as of late i go get my rakeback as soon i lost my my deposit, smh fml need to kms as soon as i can..busting aint fun for anyone,, 

Posted

I just noticed how this can be profitable from experience.

What I did was win and win till I doubled my balance. After the rakeback of 20% house edge, you'd most likely wager at least double the current balance again or more to achieve the original balance. I would higly suggest low base bets with a little high multi for this. This would result in having more wagered amounts than going all in and lose at some point.

Although I'm not the one to talk cause of my low wagered amounts, I tried it with doge and tested it out. It works I tell you. It works.

Posted

hello friends its not give u loses back but keep another chance to recover u losses,not a big amount in rakeback still hope this time u recovered all what u loses.its happened to me too but not always.its also thankful to stake  after u loses give another chances to cont.... our playing.

Posted

Disabled it recently, and I actually had some more wins, I know I know, rakeback doesn't decrease winnings and stuff, but I thought it for a while and now I cant enable it again, but who cares since I won.xd

Posted

I am a huge rake-back whore. I have been known to rake-back my rake-back from my original rake-back. 

Have you ever hit off your rake-back? I think I did once, but lost it in the end and got rake-back from it again..


LOLS

Posted

what i call rake back whoring is going to support every 2 seconds and asking for rake back then busting then going back again same thing one after the other and each time it getting exponenstiallly smaller....
why dont they freakin just add a button

Posted

Even in the 99% chance to win, there's still a 1% chance to lose. Never underestimate that 1% chance.

I actually tried raising my wagered amount by that technique, but it didn't turn out to be good. After like 50-ish rolls i would lose. There were even times that i lost on first roll. They don't have games here that lets you wager any amount and lose nothing. (unless you wager nothing too)

 I mean after all it is free money that your not entitled to and Stake is nice enough to give it back .

Posted

I don't know for sure because I haven't activated rakeback in my account. but my friend once said, if we activate rakeback on our account, we often experience defeat. I also don't know for sure, I hope it's not true

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